Post
Topic
Board Trading Discussion
Re: What do you think about staking?
by
smartaction
on 28/01/2022, 03:49:15 UTC
Hi everybody

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.
Staking will help you to increase your token amount. But staking you will not help to reach your token value. In that case the token price starts to increase a bit at the beginning of the stacking but when you put your token in the stacking you will see after a while that the price of that token will start to decrease.  In that case, even if the amount of your token increases, you will be at a loss in terms of price.