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Romaan1987

Staking of Coins for Rewards

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On 12/20/2019 at 7:57 PM, bentayebsalah said:

There is TELE currency but it is currently experiencing some problems and this is why it stopped the withdrawals until January
Currency Offers rewards by storing TELE coin
It is similar to NRG (Energi) coin.

Thank you very much dear colleague for providing this information that is very good for me since in being aware of this coin, TELE seeks information about it
Good luck and big winnings to the whole community
A big greeting

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I dont suggest any one that buy any crypto coin for stacking always stack coins that you buy at low price and then make any stack and i have hears that many crypto new users buy coins for making high profits but they ignore the market values and then they lock their money .

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On 12/19/2019 at 11:21 AM, Romaan1987 said:

I want to know that which coin or project have best staking rewards. As NRG (Energi) have 60% rewards. but you can not start from a little amount. 

It will be great to know how this energi investment went for you until now. It is seem that it is nice to have 60% reward but what is with the price and tell us the results of how much was it that you made from it.

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On 12/19/2019 at 2:21 PM, Romaan1987 said:

I want to know that which coin or project have best staking rewards. As NRG (Energi) have 60% rewards. but you can not start from a little amount. 

You can only find good staking at Yobit this exchange have many plansa for different coins. You can even stake BTC here which give you good amount of profit. Any other forum cannot give you this vast amount of coin selection you can invest in small. Coins to high tier coin here. Yobit have daily, weekly, monthly payment system. Your  earning here is much higher than any other platform. 

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I haven't bought a coin to stake yet. It seems you have to believe in these coins and I don't in energi or in tezos and the rest. This is good for some of the big whales that hold the tokens in wallets and gives them another incentive to keep and not to dump the coins.

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I don't know a lot about energi but from what I've seen I don't think it will do a lot later on. I have seen many similar projects failing and only there for the money and it doesn't look to me that this one can be a good investment to hold for two years at least and stake. 

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It could be the crypto defi, some have future value, but it would be a matter of conducting a personal analysis to get to see what the best options are, another option would be btc since new bullish prices have been seen.

Edited by Michar1

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On 12/19/2019 at 12:21 PM, Romaan1987 said:

I want to know that which coin or project have best staking rewards. As NRG (Energi) have 60% rewards. but you can not start from a little amount. 

Lol! what kind of the platform thats giving 60% of profit from staking? because as I know many staking sites cannot give you more than 15% of profit.

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There are several platforms that offer this system of earnings or rewards for keeping funds blocked for months or for example in the case of yobit for days, I would recommend you buy the PROB token, it is a token issued by the Probit exchange with a somewhat low return , but that allows you to participate in promotions where you can earn or double your initial investment safely.

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Coins for rewards, it is a mining in which a main currency generates another that is the reward, this modality is currently booming, it is like the usual mining only that the difference is that the same currency is not generated but another. This represents another form of investment in cryptocurrencies and represents an option within the range of investments that in certain cases is quite attractive, you can get good profits.

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Good and profitable i is interested in your account as interest in your account and every month for life. Must have plenty of coins for returning interest.

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On 12/19/2019 at 11:21 AM, Romaan1987 said:

As NRG (Energi) have 60% rewards.

Is this yearly reward? Sounds good but if price of this coin keeps dropping maybe the reward will not worth anything and you will end losing money. This is the trap with some of the big yield coins, the whales will sell and price will dump. Also it makes it worse that the whales are usually devs wallets. Making some coins be scams and investors lose money by devs dumping.

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Staking from what i understand about it, is an excellent way to make a good income on the side as well and much of it is passive income. from the research i have done it seems that anyone with a specific amount on a coin and on the network is able to validate a transaction and in that way they earn a small reward which is referred to as the stake. I think that there are some sites that i have come across that are purely dedicated to staking only, such as Stakingrewards and Staked, however i have never used either of them so i cannot attest to how legit they are. 

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Staking is good if you have urge for big profit. My friend thank you for this question it can help a lot of people. This works like intrest which you will be receiving daily. It completely depends on the number of coin . Good luck friends.

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You can stake many coins but the difference is that if price starts dropping will the staked rewards save your investment? From the coins I searched most lose price over a year and are not worth for long term investing or staking, although during an altcoin season you should prefer to stop the staking process and sell.

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I don't think that staking will be a lot of helpful for simple users. Maybe some get lucky but look at the prices how volatile they are. I think that I will not stake anything and perhaps only do that if I buy a lot of altcoins during a very long altcoin winter when their prices will be attractive.

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On 11/13/2020 at 11:01 PM, joemcgwa said:

Lol! what kind of the platform thats giving 60% of profit from staking? because as I know many staking sites cannot give you more than 15% of profit.

60% annual is possible although I also never seen platform like this, but we must be carefully when choosing staking platforms, don't trust it because it is really paying. 

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Some coins offer staking and some exchanges too. I haven't done this because prices are exploited by big whales and while some are profitable it is a risk for me to hold altcoins for a very long time just for staking. The 60% you are saying in Energi is probably yearly staking reward which is too high. The price will probably suffer from this much interest.

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In my own idea if you have high capital then you can store your money in  top ten crypto currency of crypto market because this top currency get a huge move in a certain time that can give you around 50-80% profit easily..  Such as those member stake xrp two month ago then now they get 80% staking profit..          

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Staking is a very good option of getting earnings on the daily basis without spending  your coins. But it is very difficult to take the kind which are very expensive. And on the cheap coins the reward is very low.

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As for me, I did not stacking a lot of currencies, but the best token I staked in is the AWC Wallet token, they give you 23% per year and you can put any number of currencies, no matter how small the amount is, and you can also make unstaking at any time.


 

 

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On 12/19/2019 at 3:21 PM, Romaan1987 said:

I want to know that which coin or project have best staking rewards. As NRG (Energi) have 60% rewards. but you can not start from a little amount. 

Hey mate, you are right staking NRG coin is costly, everyone can not do NRG staking. But if you mange money for NRG staking you will get good profit in daily basis. Dear friend you can try VMining of yobit exchange and they are giving daily good profit.


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Staking is a good way to generate passive income while blocking your cryptocurrencies for a period of time, but it should be taken into account if you are doing it because of the projection that the project may have in the future, otherwise you can put your money and then devalue it if the currency falls too low in price.
There are pages like "Staking rewards" that can give you more detailed information on the currencies that use this method.

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Staking means you get rewarded in the coins you staked with an interest rate after some time but is thep rice of the coin going to hold so your reward will be profitable? Maybe the price drops a lot as many more have staked and want to profit. Once selling the profits opens then prices would drop a lot making it unprofitable.

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You can do staking of coin in most exchange site. You can start staking with little amount of money to earn profit. Staking can be difficult for beginners they need to study how it's work.

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