Quote from: passwordnow on Today at 10:13:41 AM

Quote from: BuNga_cute on December 12, 2021, 08:52:59 PM

Quote from: passwordnow on December 12, 2021, 08:32:44 PM

Quote from: PhucS on December 11, 2021, 04:37:16 PM

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Yes, it's a passive income that one that really uses as another way of gaining wealth and as well as for cryptocurrencies. The more you stake, the more profit that you can make.
It's the logic in staking, you have to invest more so that you can also earn passively a lot. Because if you're just going to invest a few and expect a lot of return, that's not going to happen.

As long as we can find trusted platforms and the right coins for staking, staking is a great way to earn passive income. Especially if we are people who
have a lot of busyness and do not have time to monitor the market, seems like staking is the right choice if we want to earn passive income in
the crypto world. The problem with staking is that the interest given is very low, so to get rich from staking, we must have a large capital.
Therefore, if we only have a small capital, instead of staking, better long-term investment in coins with strong fundamentals is much more profitable.

About looking for a trusted platform, I do trust those wallets that are offering to stake and they're giving you your private keys. But if that platform you're saying is just another exchange, I won't use to stake on that exchange because they're not giving you the private keys for your coins to stake. The idea of making a profit in staking is that you should really have a greater amount for you to feel the gains because if it's just a couple of bucks and a hundred, you barely feel the profit.

Everyone has their own choice to choose which platforms are considered comfortable and safe for staking. If you are not comfortable using
exchanges, there is no need to force using exchanges, because as you said there are other options. Like using a wallet that allows us to have
private keys, that's the right of each person, not coercion where we have to stake. Every decision we make, we ourselves must be prepared
with all the risks. Regarding the profit we make from staking, it really depends on the amount of capital we have. After all, no matter how big
the capital we use for staking, it will not be as big as the profit we make from investing and trading. Because most platforms that provide
staking services only provide low interest rates, that's why until now I have not been interested in staking coins.