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Quote from: Negotiation on August 15, 2023, 06:23:53 PM

It is true that a small amount is not perfect for passive income in crypto staking, But if you think long-term and plan for passive income then I think if you deposit more amount you can get good profit without much risk...

The cryptocurrency market is highly risky, so any investment can lead to a complete loss of the deposit. So to speak that you can get a good profit without much risk is not right. And the more money you invest, the higher the risk. It is for this reason that investors resort to diversifying their investment portfolio.

Especially with several altcoins at stake, it is clear that there is a big risk in it. What if the price drops down it is no longer profitable and even becomes a big loss, no one is free from risk.
Never bet too much on coins that have no clear time limit maybe it will be again but what about the decline of this coin clearly has to be borne alone especially with a large APY.

The risk is not only in price fluctuation, there are other things as well. For example, which platform to choose to stake coins with them, and who is reliable enough to hold money with them? Just remember Celsius, and I will emphasize again, not your key, not your coins.