Quote from: FinneysTrueVision on Today at 12:29:27 AM

Quote from: batang_bitcoin on May 19, 2024, 11:14:12 PM

Quote from: Ludmilla_rose1995 on May 19, 2024, 10:07:07 AM

Have you ever heard of DEFI? Currently there is a staking program, where you can buy a crypto asset (such as WBTC or ETHEREUM) and you get dividends from that staking, this is a good thing especially if you plan to invest long term so staking is something I really recommend, you You can also do DCA by staking, currently there are many coins that provide a staking feature for their token investor

Staking is passive income but the percentage changes and the genuine ones have a fair percentage that doesn't go that much of more than 10% yield annually.

Returns greater than 10% are possible but there is also going to be greater risk. The more yield you are promised, the more likely you are to suffer impermanent loss. Stablecoin investments tend to be safer, but the yield you earn might barely be enough to offset inflation and in the longer term it will perform worse than just holding Bitcoin. In fact, almost every altcoin will do worse than Bitcoin. It’s not wise to just start throwing money at a bunch of random altcoins. The best DeFi investment strategy is the one that maximizes your (wrapped) Bitcoin earnings.

Yes, that's like the standard and more than that will be at great risk. So, if you're staking such and you have invested to some stable coins or staking coins, you know what you are up to and you have no problem holding them there for quite a while. While some of the staking requires you a period of time to lock it, it's best to choose the ones with flexible terms so you are free to withdraw anytime you wish.