Quote from: JeffBrad12 on July 15, 2023, 11:19:52 PM

Quote from: riskarcher on July 15, 2023, 11:16:04 PM

It all depends on what coin you want to stake, if for altcoins it is not recommended to stake locked at all. Because when the market dumps/pumps it will be difficult to withdraw it and if we want to unlock our coin from staking it will incur a rather expensive fee, so choose flexible staking like on exchanges but if staking like ETH 2.0 it will be worth it for the long term.

agreed with this one, the only thing that should be of concern when staking all of these altcoins in general is the fact that they might no be flexible which gonna cause many to lose opportunity of getting profits from dumping at the peak of the value of certain altcoins.
sometimes some staking just outright lock for more than 2 years which is honestly silly for altcoins in general because the lifecycle of many altcoins in general aren't that long anyway.
so locking for that long period might turns our investments which was initially promising, to become some worthless coins.

Things that you should understand before picking what coin to use in terms of staking, yes you may earn decent from the staking reward features but there are always requirements that you should know first before entering or participating, if you are willing to take your chance and willing to hold and wait and it's good for you to buy and stake your asset.

But, if you are unsure and you are doubting that you may be stuck better to think twice, understand all the factors and risk before deciding
your fate with your staking investment.