Quote from: Fatunad on April 21, 2022, 07:51:58 PM

One of the biggest or main hindrance or reason on why we do really hesitate on making out such option due to security or scam or hacking involvement on where we cant really assure on a years time there
wont really be those kind of probability which we would really be thinking off on our investment for that long.Yes, we could possibly earn more than on what we could earn in banks but the risk involved
would really be still high and if you could able to bare it out then go ahead but im sure that most people wont really be that seeing this thing to be appealing.

Indeed saving money in bank preserves our money for us. But the issue with keeping your money in the bank is that you are hardly getting anything. Staking can be more profitable and risky at the same time. You can make good profit from staking your cryptocurrency, and even more as the true value of the asset you have staked continues to increase. But when that is not the case, it would be the opposite which is a loss due to the true value of the asset you are holding decreasing.

But, majority of the people would always prefer to stake their money than just leaving it in the bank and making nothing. Although as usual you will always need to have some part of it saved in the Bank, while another part can go for staking or whatever you choose.