Quote from: lixer on Today at 01:34:51 PM

Quote from: Pujangga on April 20, 2022, 06:39:06 AM

It can't be denied that staking is the most profitable technique today, with staking we can get big profits and even many projects that offer APY of up to thousands of percent, and bank interest is currently very unprofitable because it only earns interest of less than 1% per month.

Not the most profitable but one of the ways to make profit here in cryptos. Most profitable I believe is trading because there is no limit in trading. You can make unlimited money as long as you are a skilled trader. The next one would be is investing but just like in staking it requires patience since the goal to make better profits is by selling at higher price and that doesn't come easily but it takes time.

Be careful on projects that claims thousands of percent because they are good too good to be true and likely a scam. I better stick on lower percent because they tend to be more legit. We keep money in banks because it's safe and convenient but don't expect much that you can earn on them.

I almost do not believe in projects that provide APY up to thousands of percent, it really looks like a scam or it won't last more than a few months. this really brings too much risk, I would never staking such projects.

Should choose projects with a reasonable percentage and those that have been recognized as safe to invest and stake. Along with that, choosing a platform to stake is also extremely important, we should only stake reputable, leading platforms.