Post
Topic
Board Economics
Re: Which is better, staking or investing?
by
Twentyonepaylots
on 09/07/2020, 15:39:12 UTC

You mean hyip or ponzi that promises you a certain number of interest? Those are the only type of investment I know that gives you daily percentage of profit which is not advisable to be invested. It has a high risk of losing your money.
Staking is also a kind of investment that you need to invest first before you can start performing or staking and it is better than the investment that you are asking about.

Certainly not Ponzi, but I do not know if it is called Hyip. The investment I am talking about is by registering at some sites and then depositing some coins on the site and then getting a percentage of the profits on a daily or monthly basis.
hyip is a type of ponzi scheme if I am not mistaken.

Well the investment you are talking about is staking, some kind of ponzi where the investment of new investors are being rewarded to you, I'm not sure of the full investment is given to old investors of just part of it but that's how it works. At the end the newest investors will be at the slump and will get rekt so hard when the website closes. That is why profits are given in daily of monthly basis, it depends on many investors they got.

I have subscribed to some of these sites and have been defrauded so I am asking if staking is safer than this.
I don't know any of these, maybe I scrolled out some of this but didn't bother myself to visit. From what you have said, I guess staking is safer.