Quote from: CryptoBuds on July 13, 2022, 12:00:54 AM

Staking it helps you to increase the number of coins you hold instead of holding your coins will not increase. Staking is a good solution, choosing a safe stake platform is crucial, or else your assets will not fly.

Instead of holding in a bear market, stake is the solution to increase the number, but you have to determine a long-term holding strategy, because when you stake your coins will be locked for 3 or 6 months so you won't be able to sell your coins if the market suddenly recovers or you need cash.

Your coins will increase in number but the only downside is that it can take so much time to happen. Not only 3 to 6 months but I think there's also 1 year or more that I saw. If you will simply hold your coins, you can still earn a profit when the price rises and you can sell your coins the moment that happens or even anytime you like. If our goal is to simply increase the number of our coins then we can simply buy them in the market using our own fiat. We can save so much time with that.

Quote from: Ketesnuko on April 06, 2022, 09:42:25 AM

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Enjoy? Although staking is still a gambling because money is at stake here but it's not similar to playing gambling in a casino where you can enjoy. I think a 95 usd return is a lot better than what you can get on a bank when you keep the same amount of money for a year. No is forced to do staking so if you don't like it then simply ignore it.