Isn' t NAV coin the only coin that doesn't require a minimum amount of coin in the wallet to start staking?
For example:
PIVX needs 10k coins
DASH need 1k coins
etc..
well, in practice an amount of about 10000 would be required to give you a couple of NAV in a 24h period.
At least thats my estimate from my stakes
But you will get 5% reward by the end of the year. So that will be 500 NAV by the end of the year if I am correct (if you have 10k coins)?
All what I need to do is do my calculation to make profit, buy the certain amount of NAV coins and start staking?
its not deterministic like that. Stake varies considerably everyday and even the whole year you don't know what you end up with. Even if on average it is 5% for the whole of the money supply.
But yeah, all you need to do is send nav to wallet and leave it on. You need to have it on all the time to maximize profit