Post
Topic
Board Speculation (Altcoins)
Re: Which tokens do you like to stake/hold for profits?
by
bitkanu
on 23/03/2020, 14:21:30 UTC
Which tokens do you like to stake/hold for profits?

What you earn from staking is so small compared to how much some coin/token increase/decrease value in one month. I would not bother with thinking of how much you can earn by staking but rather buy coins/tokens that will have use case in future and its value will increase in next 10 years.  Also if sole use case of a coin is to stake it sounds a lot like a ponzi.

Understandable, but you do not need to do anything right? Also this NwC project has 25% rewards if you buy enough of those coins, that's not that bad imo.. But as i said i'm still new in this segment.

Price of Bitcoin dropped 40% in single day two days ago. It can also grow the same. Altcoins are even more volatile. You say a coin have 25% reward for a year?  I can only make a big LOL!!!

Yeah people tend to say that a lot, altcoins can pump up to 50%, but not after the dump in 2017. I did not catch any big "pumps" since then..
The fact that some coins are still able to get a huge pump again. I can say that is not an impossible thing to happen again. Altcoin can still get 50% or even more but the fact that if that will not happen anytime and remember that was always happening in the different rate or position. You can see what is happening with steem and it has already got a big pump and that's it.