Post
Topic
Board Beginners & Help
Merits 2 from 1 user
Re: Best possible advice to newbies
by
Rikafip
on 26/10/2021, 10:38:02 UTC
⭐ Merited by DdmrDdmr (2)

And yet you fail to comment one of the most, if not the most, common pitfall for Newbies on the Forum: Failing to comply with a rule that you seem to having missed -> Rule 33.
I warned him yesterday that he should edit his post and include reference links, but obviously he decided to ignore that.


Specifically, I'd revise you post on staking and revisit the second paragraph, comparing it to what’s written here:
https://www.fool.com/investing/stock-market/market-sectors/financials/cryptocurrency-stocks/what-is-staking/

Sparking resemblance … If you’re reading this, you may still have time to add the reference links to that post to avoid what could be a short stay here ...

He didn't just copied 2nd paragraph, but everything except that "’m all for crypto staking" sentence at the beginning of the post. I predict that his stay on bitcointalk will be very short. At least with this account.


Crypto staking involves "locking up" a portion of your cryptocurrency for a period of time as a way of contributing to a blockchain network. In exchange, stakers can earn rewards, typically in the form of additional coins or tokens.
Crypto staking involves "locking up" a portion of your cryptocurrency for a period of time as a way of contributing to a blockchain network. In exchange, stakers can earn rewards, typically in the form of additional coins or tokens.

Is Staking profitable? In one word, yes. Staking is nearly as profitable as the mining or trading of cryptocurrencies, and without risk. All you have to do is stake (buy & hold) some coins in order to get added to the mining pool.
Is Staking profitable?In one word, yes. Staking is nearly as profitable as the mining or trading of cryptocurrencies, and without risk. All you have to do is stake (buy & hold) some coins in order to get added to the mining pool.