Post
Topic
Board Altcoin Discussion
Re: do you do mining or staking?
by
Dariusburst
on 22/01/2021, 14:50:01 UTC
The problem with proof of stake coins is maintaining a good value for a long time, many POS coins have lost so much value with short time of their existence, imagine buying 1000 pieces of a coin for 1000$ to stake for 6 months and 12 months and before that cycle runs out the token or coin is already trading at 0.5$ aren't you still in loss even when you get your POS reward??