Quote from: AmoreJaz on Today at 11:29:34 PM

Quote from: Teraboy on Today at 11:17:54 PM

Quote from: Dragonbite on July 09, 2022, 10:52:31 AM

Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.

If the staking reward less than the loss caused by the massive volatility I guess that makes a lot more sense instead of staking, staking is great if the trend lean towards rally otherwise most of the time the APY that you were offered doesn't really surpass the inflation that is caused by the current trend.
so basically only staking if the trend is bullish.

also, better stake coins that are promising or has the possibility to increase their value over time. because if not, you will just lose in this process. some people are into this earning type because some are just waiting for the right time to sell off their coins. while waiting, why not increase the number of your coins, right? but definitely, not all staking coins are worth waiting.

Not really that worth if we do talk about future gains because it would be better if you do trade it up actively which you could earn more than on the percentage that you could earn on Staking.
Considering it do offers 10-12% APY or lesser but it wont really give out assurance since coin value does decrease which means it is really on high risk that you wouldnt really able to gain on
year time.So proper planning and choosing of coin is really that much needed or relevant on doing so. There are still people who are really that fan on engaging into Staking
and some doesnt really get some interest or consideration on touching up this area because it isnt really just worth.