To ensure staking brings not only profit but also peace of mind, you need to choose coins wisely. Here’s a simple checklist that will help avoid mistakes:
1. Check the coin's capitalization
✅ The higher the market capitalization, the more stable the project.
Top 100 on CoinMarketCap or CoinGecko is already a good sign.
2. Look at the annual yield (APY)
✅ APY is the percentage of annual returns you will receive.
But be careful: if the APY is suspiciously high (>15-20%), it may be a sign of a risky project.
3. Analyze the project's reputation
✅ Check the team, investors, partnerships.
✅ Has the coin undergone serious security audits?
✅ How often does the project update its roadmap?
4. Assess the liquidity of the coin
✅ The more exchanges and trading pairs a coin has, the easier it is to buy or sell.
✅ High liquidity = lower risks of getting stuck in an asset.
5. Check the stability of the network
✅ Is the network stable? No frequent outages, security issues?
✅ User experience in the network should be positive.
6. Pay attention to coin lock-up
✅ What is the fixed staking term?
✅ Is there an option for early withdrawal of coins?
✅ Are there penalties for early withdrawal?
7. Understand the risks
✅ Even reliable coins can drop in price!
✅ Staking is not a guarantee of profit, but just one way to achieve it.
Don't stake everything at 100%!
Keep part of your crypto in a flexible option or on a spot balance. This will give you more freedom if the market changes abruptly.