Staking is for anyone that have too much money and they don't really need them so they could grow their money instead.
It definitely isn't carrying the same chance of return of investment like trading but it's quite safe investment alternative in case you just want to leave your money and let it grow.
Also, usually anyone that stakes have massive capital so they got higher return of investment, it's just matter of how much capital you have in getting greater ROI.
It definitely isn't carrying the same chance of return of investment like trading but it's quite safe investment alternative in case you just want to leave your money and let it grow.
Also, usually anyone that stakes have massive capital so they got higher return of investment, it's just matter of how much capital you have in getting greater ROI.
Exactly. Staking is more suitable for whales who have a lot of money to waste. But it's not for the average Joe like you and me. If you have the capital to stake long-term I'd say go for it. Unlike banks, PoS coins give higher returns per year. That entirely depends on the stake rates and current market price of the coin you're investing into.
I see many altcoins abandoning PoW in favor of PoS, so it's possible more people will get into the game with the hopes of getting rich quick. As long as you don't put all of your life savings into staking, you'll have nothing to worry about. Just my thoughts
