Post
Topic
Board Trading Discussion
Re: High APRs staking or trading?
by
tygeade
on 21/09/2024, 09:25:23 UTC
so many staking project also yield less nowaday it's because the market becoming saturated and whales also playing the game. back then few hundred million staked is already high, nowaday if it's not hitting 2 billion then it's considered as dying project Grin although it's pretty much untrue.

so even staking nowaday isn't as profitable as back then but it's always natural law that whenever there's money to be made people will flock into it so the market dilution is expected.

I personally in time like this will just buy the dip and stake my coin though, waiting for the price to went up while making profit on the side.
Unfortunately that's true, too many projects are just do or die which means that we are going to get some good result if we can and if not then we are going to see nothing and that's the most important part and we could see this getting a better result one way or another. I believe that if we can do fine then we are going to get  a good result so we shouldn't really be worried about this and just be happy that we get the good results anyway.

I feel like there are ways to make more money, but if you can find a good coin, and good APR, then you should be happy that you are getting anything out of it anyway, it's better than nothing, even though I agree that it's lower than what it used to be, it's still good and shouldn't really be a big deal at all and could be a good profit. I feel like we are going to see this getting to a good level. I know that people are not talking about it too much but we shouldn't really be worried about it at all.