One of the crypto's with interesting staking returns is #ICP¨, as it can give you uptill 28% APY (yearly).
Sounds better no?
Wake up people, before you end up poor!Sounds better no?
We will speak end 2022 if your 1% bank interest was better than investing with 28% APY at a low of 17 (in this example..., is not the only project I am staking)
Time will tell
I nearly forgot about this till somebody pointed it out.
Seems like it's time to see the result:
So you had $17
- putting it in a bank with 1% you would have $17.17
- despite the last pump, your investment is currently $5.4 and with an APY of 28% is $6.92.
So not only you haven't made a profit but you also lost $10.08 of your investment of $17$
Probably a lesson that earning more money by just buying money doesn't work always how some wish it would.