copingcel
Registered Member
- Sep 7, 2022
- 85
- 69
yeah, sadly you're right about that.
What you think about staking
- Thread starter pocketttt
- Start date
- Mar 22, 2013
- 9,148
- 10,491
That's not sadly bro, that's great news.
If it wasn't for that, I'd be much less in crypto than I actually am. I hate losing my hard earned money. And if coins were dropping to $0 left and right, I'd get out.
But from my experience, you buy only the popular cryptos, or the ones that have so much hype behind them that it will always pay somebody to keep them going, and you're pretty much safe from losing the money you've invested in them.
And when they all start going up, they usually ALL go up, and you have a good chance of making some insane gains on what you're hodling.
And as you hodl, since you're hodling the most popular cryptos, put those fuckers to stake and earn interest in SAFE ways. The SAFE ways being, 1% and 3% and 5% and 10% APY, not the 155%.
Then sit tight, and you should be all right, eventually
copingcel
Registered Member
- Sep 7, 2022
- 85
- 69
ofc it is, nobody likes to lose cash
I totally agree with u about that, except the staking part.If it wasn't for that, I'd be much less in crypto than I actually am. I hate losing my hard earned money. And if coins were dropping to $0 left and right, I'd get out.
But from my experience, you buy only the popular cryptos, or the ones that have so much hype behind them that it will always pay somebody to keep them going, and you're pretty much safe from losing the money you've invested in them.
And when they all start going up, they usually ALL go up, and you have a good chance of making some insane gains on what you're hodling.
And as you hodl, since you're hodling the most popular cryptos, put those fuckers to stake and earn interest in SAFE ways. The SAFE ways being, 1% and 3% and 5% and 10% APY, not the 155%.
Then sit tight, and you should be all right, eventually
It seems that you need an exchange to do that and come on, we see a lot of bad news regarding tax and exchanges.
- Mar 22, 2013
- 9,148
- 10,491
No, you don't need an exchange. There are many cryptos that you can stake on private wallets.
Cardano, Cosmos, Cronos, Stacks, Solana, AVAX, Polygon, Tezos, Ethereum, Curve, Tron, Bloktopia - all these and more can be staked on private wallets, no exchange necessary.
And which cryptos do you think I own the most of? Come on, guess
copingcel
Registered Member
- Sep 7, 2022
- 85
- 69
Sorry, I didnt know about that.
BTC, ETH and maybe Cardano. Am I right, lmfao?And which cryptos do you think I own the most of? Come on, guess
- Mar 22, 2013
- 9,148
- 10,491
- Mar 22, 2013
- 9,148
- 10,491
I wonder what's gonna happen with Lido.fi and the ETH staked on there.
Supposedly, until the merge happens, you get an equal amount of stETH to the ETH you staked, and you can sell the stETH if you want. But you can't get ETH out.
But after the merge happens, you should be able to get your ETH unstaked, and get it back. Maybe a few moths after the merge, but that's what's supposed to happen I think.
I wonder how that's gonna work out...
xReminisce
Elite Member
- Dec 29, 2012
- 7,329
- 36,738
I just throw any busd i have there in the flex stake
not huge returns but its better than it just sitting there.
- Mar 22, 2013
- 9,148
- 10,491
xReminisce
Elite Member
- Dec 29, 2012
- 7,329
- 36,738
Will wash dishes for busd!!!
You got this.
Best of luck, you can put me down as a reference if needed.
- Mar 22, 2013
- 9,148
- 10,491
Thanks bro. A reference from you will mean a lot. 10% of my salary to you sir.
- Oct 5, 2020
- 1,446
- 1,729
the same with PayPal, Stripe, Payoneer, etc.
Hundreds of millions of people use Binance. It's okay for some dozens of people to have issues or "claim" to have issues.
MasterOfMasks
Regular Member
- Jul 31, 2022
- 403
- 264
well, people that leave their funds in there, either:
1. dont care
2. they have small balances
3. or are too rich to care for what they have in there
Instead of staking in centralised exchange like binance, go for decentralised exchanges like pancakeswap,etc..They offer high returns. Ofcourse crypto is a highly volatile market, so u have to stake coins which u will believe in long term. Example, pancakeswap itself offers a single sided staking called syrup pool. U can have a look at their website too..
- Apr 29, 2015
- 5,185
- 2,716
im a crypto noob, I used binance some times and is easy
idk how use pancakeswap, but maybe i search for some yt video teaching
- Apr 29, 2015
- 5,185
- 2,716
how much did you invested in stake?