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Michael0606

Staking project

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On 4/5/2020 at 4:51 AM, Michael0606 said:

Stake projects very little known but safe and profitable, this is found in prestigious exchanges, but what is the stake project?  You deposited your money in the cryptocurrency that it uses for stake, you retain it for a few days according to your convenience and it will generate a varied daily percentage, for me it is a sure thing to come from exchanges like the leading of binance.

There so many projects who have staking service. It's a great investment methods. Here we can generate huge profits with zero risk. You can choose some great project for that.


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This means making a contract, placing and depositing an amount of money inside the platform, after which you will receive daily a percentage of profits that will be added to your deposit balance or you can withdraw it

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Personally i never in the favor of staking because in this way we suffering into high loss and stakes income not much as we suffering into loss not all projects but on some projects because after staking plans its price goes down and down and when we received our stakes coins then much low price what we invested at that time price was high. 

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On 11.04.2020 at 08:02, George10 said:

I'm hearing about this project about staking for the very first time and I would like to know more about how to go about it may someone reach me out with some clarifications thanks.

There are different conditions in such attachments. You can invest in a stacking project where you can pick up attachments at any time. But there are conditions when investments are frozen for a certain period and it is impossible to withdraw the investment at any time.

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Yes, but I don’t think Staking is profitable, because the profit is very small, you need huge money to win several dollars a month through Staking, I don’t know which currency offers good profits without devaluing the currency

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i think staking is very good method to earn some free cryptocurrency by just holding our valuable asset on any cryptocurrency exchange my favorite is binance because they provide for more than 20 cryptocurrency

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Staking project is a good project for people who have large amounts of money through which to achieve good weekly profits from several platforms that provide this service


 

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You're right it's something that's giving good profitability I saw that information recently in a youtube video and I'm saving a good amount of Satoshis to do stalking

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This is a good way to achieve profits, but I do not like these methods because I believe that trading gives more profits than all ways of investing in cryptocurrencies.

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To me, based on the explanations that i am seeing here staking sounds very similar to having a coin and then using it as an investment in order to accrue interest on that coin. Similar tot something like a fixed deposit or something along those lines. It sounds like it is more of a long term investment that will be required to be around for a while and therefore patience is a must have quality in order to get involved with this sort of earning potential.


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Yes, if we invest and keep stocks then the price of currencies will increase and its quality will increase a lot but it will take some time. Success is not possible without patience Each currency has a lot in common with stocks Stocks are usually helpful in raising the price of a currency.

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i am not really so interested in staking project , 1st reason no any exchange is safe and i never recommend to keep your coins on exchange sites unless you are trading , its always good to keep your crypto on wallets , exchange site is not for long term hold and you need very big budget to get benefited with staking interest
 


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Exactly staking money in Cryptocurrency is very useful and profitable it is not much known by the users and most of the users don't prefer to stake but it is really very profitable you can wait till the rates are amounting good and then you can make profit from profit.

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Stacking is a type of investment where you buy a certain amount of currency and store it either in its own portfolio or even in the browser at some point, although it is not profitable but it is good.

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On 4/4/2020 at 11:51 PM, Michael0606 said:

Stake projects very little known but safe and profitable, this is found in prestigious exchanges, but what is the stake project?  You deposited your money in the cryptocurrency that it uses for stake, you retain it for a few days according to your convenience and it will generate a varied daily percentage, for me it is a sure thing to come from exchanges like the leading of binance.

No doubt coin staking is indeed profitable and 100% safe when dealing with well known crypto exchanges. Personally i have made couple of profit staking my coin and the truth is that profit is always guaranteed.   

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ofcource , I also think staking is best and Legit way of earning without too much efforts . I think staking is best alternative of mining already I invest a good amount of Money in staking on binance .


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Many sites and platforms provide this service, and it is in return for freezing the capital for a certain period or other conditions, but I think that this service is good for those who have a large capital that will return to him with a satisfactory annual return It is not for people who have little capital and the return from it will be little and using less capital in trading will be tens of times more profitable if they abide by the main rules of trading.

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These projects can be traced back to defi currency projects, which are based on decentralized lending and borrowing without activating kyc for all people around the world, that is, providing the opportunity for everyone to obtain money through the two methods of lending and borrowing, and also it is like opening a bank account, whatever the quantity, and it is one of the very promising projects in the world of Crypto.

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In General, stacking is a very interesting thing! In fact, this is an investment, an investment of your funds in a token that will bring you profit for a certain amount of time. In General, this is something similar to invest box on our favorite yobit!

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On 6/17/2020 at 5:10 PM, Omar Ommeish said:

This is a good way to achieve profits, but I do not like these methods because I believe that trading gives more profits than all ways of investing in cryptocurrencies.

If you're good in trading then don't put your crypto currency in staking projects, because these projects gives low percentage of profit and lock our coins for certain time period, once the staking plan mature then they pays our profit, but  who don't no trading those members use these staking plans to earn extra money.

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staking is driving the funds in a cryptocurrency wallet to support  the operation  pf a blockchain  network

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I don’t see Stake’s beneficial at all, just wasting time and letting people know that they can make money from his stake, but in the end if the price of the cryptocurrency falls, the loss will be painful even with the stake’s profits.

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We have many staking projects and also many cryptocurrencies are offering their staking programs which give us the daily interest...

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Staking started with PoS and it means you participate in the network. Proof of stake means you store some coins you own in the network and you run a node to verify transactions. You get a reward like miners do. This usually depends on the coins you are staking.

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If you only stake your crypto for a few days you will receive something very small that maybe won't be worth too much. When you see staking advertised too much it is better to avoid it, so I did the same with Ethereum and instead deinvested lately as prices were very high.

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