Post
Topic
Board Altcoin Discussion
Re: Staking Coins With Annual Returns - Good Idea
by
Furious 7
on 15/08/2023, 21:42:49 UTC

Do you think it's a good idea to stake coins?
Please explain your opinion.

I still feel that it won't have much of an impact and it won't turn out well.
Even if it is not wrong to do such a thing but in the end we must realize that not all coins will last for a long time so in this case if you really want to try to bet coins especially for a long time like the annual context in your title then I think it will be risky if the coin you bet is ordinary.
Even though it may be good now, it doesn't necessarily last long because it could experience problems at any time and actually make losses in the end which makes me feel that something like this for altcoins is not worth it.