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.
Indeed, there are some that really give decent benefits after some time of holding it
but not all can be productive and the problem with the value is always the big question, you need to really
take time in sorting everything before you make your investment, staking coin is passive as long as your willingness
to wait is on you, it takes time so better to have longer patience.