I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?
Thanks!
It is better to hold than to risk, it is easier to analyze under any circumstances, the risk is not too big you accept. But if you bet, I think this requires a lot of knowledge in analyzing.
The risk of losing ethereum is very possible if you can't analyze it first in using BlokFI, all of these possibilities will happen if you don't prepare some good options to use, I prefer not to snoop, if you see conditions like this without being prepared for some rarities, the possibility of loss is very large.