Post
Topic
Board Altcoin Discussion
Re: Staking Altcoins For Interest Questions?
by
tygeade
on 14/09/2024, 09:45:31 UTC
Now if someone is going to hold an altcoin and can stake it, is there any reason not to stake it?  This is assuming you already bought that altcoin a while back and don't plan to sell it.  Staking altcoins isn't similar to like how people staked with nexo and celsius a while back or it's the same?
Depends on the altcoin, if you are investing into an altcoin that has a future then you should not be worried about it and you could get a good result, but it will not be simple and you could end up losing a lot of money. I personally believe that we are going to end up with something much worse and if we deal with what we know then it is not going to be that easy neither.

We are going to see this changing for the long term and because of that we should consider this as a good thing. I know that we are not going to have something that changes much, but if we deal with it then we are going to be doing much better. Hopefully, staking for a good altcoin could give you a good return, like for example staking ETH would give you a good return.