Post
Topic
Board Altcoin Discussion
Re: Is Staking Coins a Good Idea?
by
abralzain17
on 22/09/2021, 15:50:31 UTC
Actually, I heard about Staking the coins gives apy. I want to know is really a staking good idea & what will be the staking months like 1 month, six months or 1 year.

if you put it in an exchange that has a good reputation and is guaranteed I think it is a very good idea, because a lot of people are doing that for now, meaning the profits are not only from trading but also from staking for the time frame you have specify.

Nothing is guaranteed on any exchange but chances are very low that exchanges such as Binance, Kraken or Coinbase would become scam. I love staking as it is "easy money" but I also always take my profits as anything can happen in crypto.
May be true with what you are talking about, but please note that which can be profitable and it is guaranteed if someone puts his coin ( STAKING ) on a reputable exchange !!, Binance, Kraken or Coinbase I think it is an exchange that most people believe with the exchange.