Is this a good time to buy/stake ETH?

[BitHunter]

There have always been ups and downs in the crypto space and even stable coins like Bitcoin and Ethereum have not been immuned. But as always, a good insight and a good setup is always essential to make some gains.

Few months ago we saw the approval of BTC ETF and there was a corresponding bull run and hit a new ATH... That happened even before the somewhat underwhelming halving event as some say.

So guys, the ETH ETF is on the brink of approval and I'm getting bullish but more often than not, insightful setups are better than sentiments...

My curiosity is if this would be a good time to stake ETH? Plus, some CEXs are getting other existing trading and staking events up in anticipation of the approval, are they worth it?

[Agbe]

Since the approval of the Ethereum ETF is about to start, if you have funds to invest then you can continue because when the approval has been okay the price will increase and things will change for good. Op you have one error there in the first paragraph says, "stable coins like bitcoin and Ethereum", for you information they are not stable but volatile nature. And if you want to speak on stable coins then I will make mentioned of USDT.  And also for the staking, you can stake now.

[salad daging]

People stake more in Dex than in CEX because they expect incentives for the future when the project issues their tokens.

Some projects among them Eigen Screen, Puffer, Rust, and many more are staking by earning points so that's what they are after right now I don't think in CEX it will be profitable but you need to remember when you are staking on their validators in DEX there is always a risk.

But for me it's better to buy Ethereum and then HODL it will be much safer.

[LogitechMouse]

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My curiosity is if this would be a good time to stake ETH? Plus, some CEXs are getting other existing trading and staking events up in anticipation of the approval, are they worth it?

The staking rewards currently based on stakingrewards.com is at 3.69%. Are you good at that? If yes, then just do it.

I don't know how much rewards you can get if you stake/earn your ETH in some CEXes out there like Binance and Bitget, but if you're comfortable storing your ETH there to earn additional ETH without doing anything then you can just do it. TBH, I would rather just hold my ETH into my own wallet than either staking it or storing it on exchanges.

Like the post above said, I might use my ETH as well in joining some airdrops that needs investing your ETH to earn free tokens in the future. I'm currently doing that with some projects. There's a risk that they might run away along with the ETH that they got, but so far, there's no incidents like that happening.

[MUGNIA]

Since the approval of the Ethereum ETF is about to start, if you have funds to invest then you can continue because when the approval has been okay the price will increase and things will change for good. Op you have one error there in the first paragraph says, "stable coins like bitcoin and Ethereum", for you information they are not stable but volatile nature. And if you want to speak on stable coins then I will make mentioned of USDT.  And also for the staking, you can stake now.

I agree, although the time is a bit tight, but it's better than nothing, I see the price of ETH is also increasing, is there any progress regarding the agreement?