Post
Topic
Board Altcoin Discussion
Re: Does staking even make any sense
by
Cadaver20
on 15/04/2022, 23:11:57 UTC
Staking is profitable when cryptocurrency market rise but when market falls the price of staking falls too and the income from staking does not help.
When the cryptocurrency market falls, the price of your stake coins can go down a lot. Even a small amount of passive income can be the reason for your huge loss. Then you will not have to do much because your assets will be locked for a certain period of time.