I wanted to talk about staking. In my opinion, this is a good way to increase assets that would otherwise just lie in the wallet. I recently tried staking on the NewsCrypto platform, the market situation is not entirely certain now, so I am trying to extract maximum profit from my assets.
Speaking of nws, I liked the fact that there are many different plans to choose from, I decided to try staking for 3 months to test the platform. But I think I was not mistaken about the decision. nws has a lot of positive news, and I think the price will only rise. What do you think about staking and do you use this feature?
I have not seen the need for me to make use of this feature, but I still think that it is a really good thing to have. If you see the need to stake your cryptocurrency, then you can go ahead and do that. Staking is like another means for you to increase the earnings that you are making, although on a normal when you buy cryptocurrency and store in your wallet, you would be making profit (or loss) from the normal increase and decrease of the cryptocurrency that you have invested in.
So, staking is like a way to kind of increase what you are getting. But when you are staking, you have to make sure that you are staking only the right coins, because staking the wrong coin is going to be a total waste of your time.