Post
Topic
Board Altcoin Discussion
Re: How good is staking coins?
by
asyakashi
on 05/03/2022, 08:12:17 UTC
Staking is like trading sometimes - if you know how to do it right, you will earn a lot here Smiley
If you are staking all you have without any knowledge and experience - you can even lose your money.

Trading actually looks easier than staking because trading usually only has two decisions (buy/sell) with a predetermined period.
While staking requires careful calculations, some staking even requires additional investment like DeFi which has to invest 50:50 fair:token.
I think staking is perfect for those of us who buy coins in bulk who want a long period of time to withdraw all the profits rather than just holding them in a wallet. staking is more profitable.
Even though when we are staking the price goes down making the estimate not increase at least in the future we have more coins without us having to buy them again. but I believe staking requires more careful calculation than trading decisions.