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Author Topic: Stake,earn and mining?  (Read 1178 times)

Offline Learn Bitcoin

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Re: Stake,earn and mining?
« Reply #45 on: April 22, 2024, 04:42:42 PM »
Speaking of staking profit, I was in the signature campaign of blackjack.fun casino. As the withdrawal fee was quite high, I decided to wait for calmer days on the network.
In the meantime, I put all the coins in the stake. I currently have about 0.005 BTC in stake, and every hour I get 0.0000001 (10 satoshi's).
Yearly 15% and there is no minimum investment.
It doesn't look bad, the problem remains with the high withdrawal fee, which will probably take all the profit from this investment

It does not look bad because it is the earned money from your signature campaign and the platform has a presence in Bitcointalk. So, they have a low chance of running away with your money. 15% yearly is not bad, to be honest. There are a lot of exchanges that offer less than that for example Binance and Kucoin.

Even though it is possible to make money by staking, I don't recommend anyone doing it unless you are doing it with a wallet that is in your control. I recently saw some wallets that give you a private key that can be imported into another wallet and yet you can stake your crypto to make some money. Of course it's not Bitcoin.

I have been doing some airdrops lately and noticed how people making a lot of money from bybit's launchpad. Users staking a lot of USDT to get airdrop. I know it's not too risky, but I don't prefer staking  :-[
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Re: Stake,earn and mining?
« Reply #45 on: April 22, 2024, 04:42:42 PM »

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Offline Dr.Bitcoin_Strange

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Re: Stake,earn and mining?
« Reply #46 on: April 24, 2024, 02:41:13 PM »
Speaking of staking profit, I was in the signature campaign of blackjack.fun casino. As the withdrawal fee was quite high, I decided to wait for calmer days on the network.
In the meantime, I put all the coins in the stake. I currently have about 0.005 BTC in stake, and every hour I get 0.0000001 (10 satoshi's).
Yearly 15% and there is no minimum investment.
It doesn't look bad, the problem remains with the high withdrawal fee, which will probably take all the profit from this investment
15% ROI isn't bad at all. If it were somewhere above 30 or 40% then I'd have questioned the authenticity of the project, because I really don't trust these projects with relatively high ROIs.

And concern the high withdrawal fees, I believe there should be cheaper time of days or weeks to make withdrawals, could be the reason for the high fees are due to network congestion so maybe timing the times that the network becomes less congested would enable one to withdraw at lesser fees.

 

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