I have been in the crypto world for a few months now, and this is truly like playing at the casino: either you get lucky, or you lose everything. No matter how many "experts" there are analyzing charts and all that, what really matters here is having the luck for your initial investment to multiply by 2 or more. And the luck of this can even be well complemented by staking. Just imagine that you invested €300 in a cryptocurrency that gave you a lot, which you have been holding for years and staking. And on top of that, you have it locked (which technically gives more rewards).
I have #Om in staking (with an average cost of €4.16) locked. With the campaign of #pepe I have been exchanging the daily staking reward of om for other cryptos, to obtain the daily bonus of 200 pepe. There are 11 days left until the pepe campaign ends. Do you recommend that after the 11 days I stop exchanging for other cryptos, or should I keep exchanging? Keep in mind that it generates approximately 4 cents daily.
I have an amount of #OM of 5.29. Since every day I generate approximately 0.01€ in staking, I have thought about converting the other cryptocurrencies I have into #axs and staking them as well.
From what I will be earning with the daily rewards, my goal will be to convert the daily rewards from staking into other cryptocurrencies.
In the meantime, I will be transferring the rewards from #om to #axs , since I have 17 days ahead of me to make everything go as I have planned.
Hello people, I have #om locked in staking. It's not a large amount, as I have approximately 5.2. With the daily reward, I can convert it to any cryptocurrency. For now, I am doing it with #AXS Would you recommend that I leave the daily reward in flexible staking, or should I convert it to axs, or even to another cryptocurrency?
Honestly, in the crypto world, the one who wins is the one who has the most amount of a cryptocurrency, which they bought at a super low price and has appreciated a lot; or who has more money and can afford to buy more than others.
This can even be seen to the point that by staking a cryptocurrency, you can have free money daily if you meet both conditions.
To what extent is it profitable to do staking, in locked mode, of a cryptocurrency that rewards you with another at the end of the process? Example #ont #ong
A question, does the bank recharge have the same commission regardless of the amount recharged? And how much do they charge you in commission for withdrawing?
I have seen a post before from a person who cited a novice, because they have lost quite a bit of money from their investment. In the citation, it already indicates that cryptocurrencies are something volatile, and that you can lose just as easily as you can gain.
I have been trading on another platform since the end of November, and recently on Binance, and I am at a loss 🤣, that is to say, I am practically new to the crypto world.
Now, I have learned something recently that I thought was not possible, and that is staking #staking #earn . From what I know, at least Binance is "pure gold" for this (I barely know a few crypto platforms).
Returning to the novice from before with their losses, I would give advice from someone with more experience, if you want to make money, without fear of losing money, do staking with a stablecoin.
The best one to do this is #USDC . Basically, even having auto-staking of this cryptocurrency and all, if you leave a large amount for the long term, you will see that your money will transform into more, without barely losing the initial value.
Now, you could do the same with other cryptocurrencies, like #solana . What is the problem here? Buying Solana at $200 and it taking 6 years to recover the price (which you could do staking during that time).
The question would be: Do you recommend staking a stable crypto like #usdc #euri ? Or is it better to stake other cryptocurrencies, hoping they will double in price or more from their current value? In this aspect, for the price to be double what you bought it for, it can take a long time, or not (it may never reach double); however, if during the period you are accumulating more cryptocurrency, the profits are greater.
I am testing Binance (with losses), since I have been in the crypto market for a short time, which I started in Revolut X. The advantage of this platform, unlike Revolut X and regular Revolut, is the staking of cryptos.