Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: StressedBoi on October 18, 2024, 10:13:26 PM
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One question guys, staking or savings which do you guys consider the best?
I have some USDT I don't plan on spending or trading anytime soon but I still want to put it to use, I considered staking it but then I found out the exchange I was using had usdt savings of up to 18% APR and now I'm not sure if savings will be the better choice than staking
What do you guys think? Besides, the savings are also flexible and not a fixed time like the staking
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The exchange that you are using has 18% APR for staking USDT? It is better you read about what the exchange says about staking USDT. The exchanges that I saw staking USDT, non is higher than 7% while it can be of higher percentage for newbies that have just joined the exchange.
Not you key not your coin. I will prefer to hold my coins.
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Well, i personally have seen exchanges that give 10% for USDT staking, certainly not your keys, not your money, you have to carefully evaluate the risks and benefits, maybe try with small sums first
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Stacking means depositing your funds with someone else in return for which you will earn interest at a certain percentage rate. And savings means you save a fixed amount or an indefinite amount over a period of time. When it comes to crypto I think saving is less risky than stacking. Because in case of crypto if you deposit your asset somewhere else it will be less likely to get it back if it is a scam because here you will do it with your own responsibility so no one else will take responsibility for it. This is why I don't like stacking on a centralized platform at all. always remember not your key not your cryptos
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One question guys, staking or savings which do you guys consider the best?
I have some USDT I don't plan on spending or trading anytime soon but I still want to put it to use, I considered staking it but then I found out the exchange I was using had usdt savings of up to 18% APR and now I'm not sure if savings will be the better choice than staking
What do you guys think? Besides, the savings are also flexible and not a fixed time like the staking
no one can afford to give 18% interest for a long period of time.
i have seen more then one company offer high interest on usdt and than go bust.
so you are gambling you will pull it out before they go bust.
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Could you talk me which one exchange have fantastic APY reward offering above 18% behind commonly exchange under 8% reward allocated for staking USDT.
Actually I doubt with that exchange offering and seems not really trusted how your USDT keep secure because the exchange offer bigger reward. I think difficult accepting with your exchange offer above 18% offering behind many top exchange giving reward APY under 8%.
Check again with how much reward and how trusted that exchange with fantastic reward offering when staking USDT, actually I am not sure yet.
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I am interested with the exchange that you are talking about offering a saving option for USDT with a very high 18% APR. That is quite high and can be a better option compare to staking. Now, am wondering if the concept of saving here can also be similar to saving you are talking about...I think the main difference is that there is no time fixed. So maybe all I can say is go for it and tell us later what is your experience with this saving thing.
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I prefer non-custodial staking, since it implies no risk to my funds. I have done savings too, there was local exchange which paid 12% interest for holding funds there, it worked fine as I held funds there for a long time until they stopped the offering.
You did not mention how much is staking return, that should help with the choice.
And as previously said, putting funds elsewhere implies risk, that's what you should keep in mind, do not chase huge returns without understanding risks.
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@StressedBoi which exchange are you using that offers 18% APY?
Be careful, because I don't know how they're managing to offer that APY, which you can usually get on DeFi, but with more risk, which is normal
But even so, 18% in stable would be very good
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I prefer non-custodial staking, since it implies no risk to my funds. I have done savings too, there was local exchange which paid 12% interest for holding funds there, it worked fine as I held funds there for a long time until they stopped the offering.
You did not mention how much is staking return, that should help with the choice.
And as previously said, putting funds elsewhere implies risk, that's what you should keep in mind, do not chase huge returns without understanding risks.
I also prefer non custodial staking because it keeps out money safe. There are many exchanges which are giving good APR but I learned to be careful with my money. When investing it is important to know how much we can earn and understand risks. We should not chase big profits without knowing dangers or we could lose money. So I always make a research and don't get trap in those which are giving big rewards on my staking.
I prefer a small amount but it should be secured. If I feel any kind of insecurities I don't stake my assets in that projects.
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I think choosing between staking and saving depends on certain factors, for example, staking involves risk associated with the volatility of crypto prices, network vulnerabilities and the potential loss of s staked assets.
In my opinion, savings( flexible savings) is a better options because you can easily redeem your assets and take a long or short positions especially if you are a holder or a short term investor.
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I think choosing between staking and saving depends on certain factors, for example, staking involves risk associated with the volatility of crypto prices, network vulnerabilities and the potential loss of s staked assets.
In my opinion, savings( flexible savings) is a better options because you can easily redeem your assets and take a long or short positions especially if you are a holder or a short term investor.
Staking is also good if we do it on the official website, I also do staking on binance and it's safe. because while waiting for the bullish season we can also get income from staking. I also invest, but only in a few potential coins for long-term holding. In addition, I trade to get profit even though it's not big because my capital is small.
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Actually staking in cryptocurrency is a process where investors lock up their crypto assets to support the operation of a blockchain network. It supports the operation of a project network. Moreover, in return to participants are rewarded with more crypto assets, making it an attractive way to earn passive income. The only advantage of staking here is to earn rewards that will be paid from the exchange. Anyway saving funds through exchange is less risky and gives a profit share of 7%-12%. On the other hand, the such offers are for a very short period of time. I prefer it because the profit is less but the risk is very less.
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One question guys, staking or savings which do you guys consider the best?
I tried both savings and staking, and I find staking more profitable than savings, but there are some risks attached to it as you will need to commit your coins to a platform; it could be an exchange, a casino or just a platform for staking for a certain period of time.
You have to be good at checking the platform to see if its worthy of trust to commit your coin and if the platform, if its's dedicated to staking, has been audited by a third party auditor like Certik.
If you're not comfortable with trusting your token or coin to one platform then just HODL your coins.
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I am not sure any legitimate staking platforms offers more than 8 to 10% APR, so the 18% looks too good to be true.
I recommend the traditional way of investing in Bitcoin for long term that will surely surpass 10 or even 18% returns with staking if you hold it for a complete cycle. And now could be the perfect time to stack lump sump of BTC since we are already reaching ATH and the bull run is expected to be in 2025.
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One question guys, staking or savings which do you guys consider the best?
I have some USDT I don't plan on spending or trading anytime soon but I still want to put it to use, I considered staking it but then I found out the exchange I was using had usdt savings of up to 18% APR and now I'm not sure if savings will be the better choice than staking
What do you guys think? Besides, the savings are also flexible and not a fixed time like the staking
Don't use those exchangers who are providing high rate APR specially for the stable coin. Because it is quite hard for a cex to give that percentage of the APR and it looks for me phishy also. I will always avoid these kind of staking speacially on the exchangers.
Now if you notice that the APR rate is up to 18% it is not the 18% so even they start with the 18% APR may be after few days going they can decrease the APR rate as they want like I have staked on binance few month ago with 12% APR and after some day I saw that APR percentage decrease to 8% and after few more days they down to 0.3%. SO if you have big fund store them on decentralized wallet for safety because centralized exchanger are not trustable for holding funds.
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I think choosing between staking and saving depends on certain factors, for example, staking involves risk associated with the volatility of crypto prices, network vulnerabilities and the potential loss of s staked assets.
In my opinion, savings( flexible savings) is a better options because you can easily redeem your assets and take a long or short positions especially if you are a holder or a short term investor.
Staking is also good if we do it on the official website, I also do staking on binance and it's safe. because while waiting for the bullish season we can also get income from staking. I also invest, but only in a few potential coins for long-term holding. In addition, I trade to get profit even though it's not big because my capital is small.
Staking on a trusted platform gives us the chance to keep earning passive income, especially during periods when bulls are not active with their rhetoric. That is why when investing I stake on Binance; this way, one is able to optimally utilize the assets in question while ensuring that they are safe from potential loss.
Furthermore, even with a small amount of invested and traded capital it must be said that long-term investment and trading are also profitable. It keeps us on our feet and generating necessary income to support our efforts, starting small and increasing over time.
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One question guys, staking or savings which do you guys consider the best?
I have some USDT I don't plan on spending or trading anytime soon but I still want to put it to use, I considered staking it but then I found out the exchange I was using had usdt savings of up to 18% APR and now I'm not sure if savings will be the better choice than staking
What do you guys think? Besides, the savings are also flexible and not a fixed time like the staking
there's no way you can compare staking your unused crypto currencies on platforms that are safe and secure as doing so is more profitable, it's like an investment especially with APR of up to 18%. staking with your crypto currencies should be encouraged more than saving, one of the key thing that differentiate the poor and the rich is the investment mind set as the rich man is also looking for ways to increase his profit, saving don't allow you to get anything from your crypto currencies so I would strongly advise people to stake their crypto currency if they don't plan using it soon
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Oh how I love these topics, OP comes out of nowhere, makes some claims that seem quite ridiculous on the percentage that can be earned and despite coming here to get answers to his question he doesn't reply once despite a dozen users being genuinely interested in what exchange is he using and where are those numbers coming from.
So I will stop myself from asking the same question as it's obvious we won't be getting an answer.
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One question guys, staking or savings which do you guys consider the best?
I have some USDT I don't plan on spending or trading anytime soon but I still want to put it to use, I considered staking it but then I found out the exchange I was using had usdt savings of up to 18% APR and now I'm not sure if savings will be the better choice than staking
What do you guys think? Besides, the savings are also flexible and not a fixed time like the staking
there's no way you can compare staking your unused crypto currencies on platforms that are safe and secure as doing so is more profitable, it's like an investment especially with APR of up to 18%. staking with your crypto currencies should be encouraged more than saving, one of the key thing that differentiate the poor and the rich is the investment mind set as the rich man is also looking for ways to increase his profit, saving don't allow you to get anything from your crypto currencies so I would strongly advise people to stake their crypto currency if they don't plan using it soon
Poor people and rich people in investing equally want to get a profit, maybe the difference is that the rich do it with a power because they have a large capital. Whereas small investors sometimes experience panic when the Crypto market changes and has corrected because they are afraid of losing their capital.
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Between saving or staking, I personally prefer saving because there are not as many risks as staking, and if there is a good project I can buy it straight away if possible, if the price is good I can also exchange it for fiat and buy again when the price drops again
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Between saving or staking, I personally prefer saving because there are not as many risks as staking, and if there is a good project I can buy it straight away if possible, if the price is good I can also exchange it for fiat and buy again when the price drops again
Staking is not risky if you do it on a trusted exchange with a good reputation like binance, I do savings and also staking. because I hold for the long term, I decided to do staking because while waiting for the bullish season we get benefits from staking. the best way to wait is by trading, but this requires additional capital.
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Staking is not risky if you do it on a trusted exchange with a good reputation like binance, I do savings and also staking. because I hold for the long term, I decided to do staking because while waiting for the bullish season we get benefits from staking. the best way to wait is by trading, but this requires additional capital.
Staking is not risky? you must check with how many coins price dropped drastically and you can memorize well with the gaming coins AXS have listed on Binance. First time staking feature release the AXS coins offer around 100% reward but few months later price dropped more than 70% and how much loss for staking with that coins?
Actually if staking reward offer under 10% its not worth yet for staking however said not risk but when price going drop get more loss than profitable earn from staking, better with saving or use our assets for trading and take profit as much possible than staking get one years moment get return.
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Between saving or staking, I personally prefer saving because there are not as many risks as staking, and if there is a good project I can buy it straight away if possible, if the price is good I can also exchange it for fiat and buy again when the price drops again
Staking is not risky if you do it on a trusted exchange with a good reputation like binance, I do savings and also staking. because I hold for the long term, I decided to do staking because while waiting for the bullish season we get benefits from staking. the best way to wait is by trading, but this requires additional capital.
That choosing a platform with high reliability really can become a powerful position for those of us who want to increase crypto assets while observing the market’s charges. By doing it this way, not only we save the investment worth but may have the changes of additional revenue. Nevertheless, it is very important that to attain that the assets staked should be easily liquid and should reflect the required risk profile that we have. Again, if we are interested in going a step further and trading, then there is the question of capital structure so as to be in a position to manage risks without compromising long investment.
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18% is quite a high number, if it is in the form of USDT, I think more people will use the service than having to make a deposit in the bank... but if it is a cryptocurrency coin or altcoin, it is still within reasonable limits, because there is still tolerance for anticipating volatility that could fall deeper, causing profits when converted to FIAT to be unsatisfactory.
I prefer to stake on some events, for example airdrop on binance or other trusted platforms. It brings instant and repeatable profits.
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18% is quite a high number, if it is in the form of USDT, I think more people will use the service than having to make a deposit in the bank... but if it is a cryptocurrency coin or altcoin, it is still within reasonable limits, because there is still tolerance for anticipating volatility that could fall deeper, causing profits when converted to FIAT to be unsatisfactory.
I prefer to stake on some events, for example airdrop on binance or other trusted platforms. It brings instant and repeatable profits.
Previously I also did staking on several trusted exchanges. but because the profit was small I finally decided to focus on trading. and that made me get higher profits than just staking.
Each investor has their own considerations, because maybe those who are not traders will prefer staking while waiting for the bullish season.
I agree with their way, because rather than not having the time, focus, knowledge and experience in trading, it is better not to take the risk of trading.
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18% is quite a high number, if it is in the form of USDT, I think more people will use the service than having to make a deposit in the bank... but if it is a cryptocurrency coin or altcoin, it is still within reasonable limits, because there is still tolerance for anticipating volatility that could fall deeper, causing profits when converted to FIAT to be unsatisfactory.
I prefer to stake on some events, for example airdrop on binance or other trusted platforms. It brings instant and repeatable profits.
Previously I also did staking on several trusted exchanges. but because the profit was small I finally decided to focus on trading. and that made me get higher profits than just staking.
Each investor has their own considerations, because maybe those who are not traders will prefer staking while waiting for the bullish season.
I agree with their way, because rather than not having the time, focus, knowledge and experience in trading, it is better not to take the risk of trading.
Every strategy in investing has its own pros and cons and it will be up to us to determine which of those strategies is best suited to our strength and what we want to achieve. If trading gives more fulfilling results, then shifting to that form of activity is only reasonable. On the contrary, staking still remains an enticing opportunity to make passive profits without leading to high risks. We are all unique in how we handle assets, the key here is to always study the market and modify our steps as necessary for any of us.
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18% is quite a high number, if it is in the form of USDT, I think more people will use the service than having to make a deposit in the bank... but if it is a cryptocurrency coin or altcoin, it is still within reasonable limits, because there is still tolerance for anticipating volatility that could fall deeper, causing profits when converted to FIAT to be unsatisfactory.
I prefer to stake on some events, for example airdrop on binance or other trusted platforms. It brings instant and repeatable profits.
Previously I also did staking on several trusted exchanges. but because the profit was small I finally decided to focus on trading. and that made me get higher profits than just staking.
Each investor has their own considerations, because maybe those who are not traders will prefer staking while waiting for the bullish season.
I agree with their way, because rather than not having the time, focus, knowledge and experience in trading, it is better not to take the risk of trading.
Every strategy in investing has its own pros and cons and it will be up to us to determine which of those strategies is best suited to our strength and what we want to achieve. If trading gives more fulfilling results, then shifting to that form of activity is only reasonable. On the contrary, staking still remains an enticing opportunity to make passive profits without leading to high risks. We are all unique in how we handle assets, the key here is to always study the market and modify our steps as necessary for any of us.
If it's profitable in the end - why not? That's my motto ;D
Everybody chooses what suits them best in the space, be it staking or trading.
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18% is quite a high number, if it is in the form of USDT, I think more people will use the service than having to make a deposit in the bank... but if it is a cryptocurrency coin or altcoin, it is still within reasonable limits, because there is still tolerance for anticipating volatility that could fall deeper, causing profits when converted to FIAT to be unsatisfactory.
I prefer to stake on some events, for example airdrop on binance or other trusted platforms. It brings instant and repeatable profits.
Previously I also did staking on several trusted exchanges. but because the profit was small I finally decided to focus on trading. and that made me get higher profits than just staking.
Each investor has their own considerations, because maybe those who are not traders will prefer staking while waiting for the bullish season.
I agree with their way, because rather than not having the time, focus, knowledge and experience in trading, it is better not to take the risk of trading.
You either do it responsibly, or you risk to lose your depo or even more - your patience.
So, in order to start trading, one must be ready to face not only the market in its technicalities but also himself mentally.
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18% is quite a high number, if it is in the form of USDT, I think more people will use the service than having to make a deposit in the bank... but if it is a cryptocurrency coin or altcoin, it is still within reasonable limits, because there is still tolerance for anticipating volatility that could fall deeper, causing profits when converted to FIAT to be unsatisfactory.
I prefer to stake on some events, for example airdrop on binance or other trusted platforms. It brings instant and repeatable profits.
I stake a bit of USDT on OKX when the Bull hits as like now, the percents at such times are quite lucrative if the funds are sufficient.
But it's not that much when the market is slow and steady.
Good for you that you found ways to profit from such platforms yourself.
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Between saving or staking, I personally prefer saving because there are not as many risks as staking, and if there is a good project I can buy it straight away if possible, if the price is good I can also exchange it for fiat and buy again when the price drops again
Staking is not risky if you do it on a trusted exchange with a good reputation like binance, I do savings and also staking. because I hold for the long term, I decided to do staking because while waiting for the bullish season we get benefits from staking. the best way to wait is by trading, but this requires additional capital.
That choosing a platform with high reliability really can become a powerful position for those of us who want to increase crypto assets while observing the market’s charges. By doing it this way, not only we save the investment worth but may have the changes of additional revenue. Nevertheless, it is very important that to attain that the assets staked should be easily liquid and should reflect the required risk profile that we have. Again, if we are interested in going a step further and trading, then there is the question of capital structure so as to be in a position to manage risks without compromising long investment.
It all boils down to what you've got on your mind in terms of goals - some pick trading, some - holding and staking, the results would be the same, albeit with more time invested into it or more effort put into the analysis one way or another.
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What do you guys think? Besides, the savings are also flexible and not a fixed time like the staking
personal I will suggest that you save your money over staking because it's always better to always save your money saving is one thing that allot of people really need to learn as saving habit is one way where allot of people has been able to use in save their money for the rainy days ahead saving also help in controlling some of our excess spending as with saving one can cut down on unnecessary spending, saving is one thing that everyone should take seriously if they want to be financially stable and safe
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It would have been better you atempt the flexible option which you can access immediately upon request for withdrawal because you never can tell when you have a fixed option. However if you are doing such, you should limit the amount so you do not regret it if anything happens as they are third parties and can not guarantee the safety of your assets and funds. Always remember the slogan " not your keys , not your coin", as I believe it would guide you a little to knowing what to do.
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It would have been better you atempt the flexible option which you can access immediately upon request for withdrawal because you never can tell when you have a fixed option. However if you are doing such, you should limit the amount so you do not regret it if anything happens as they are third parties and can not guarantee the safety of your assets and funds. Always remember the slogan " not your keys , not your coin", as I believe it would guide you a little to knowing what to do.
It remains safe to assume that being careful with digital assets is a right and proper way of ensuring that our money stays safe. That is why it can be stated that one of the ways is the balance between having enough stocks of the small, easily transformable, and, simultaneously, the production of large and permanent storage structures in the form of vertical bins. Hence, we are able to have certain assets ‘ready for use’, as it allows for a more efficient workflow, when we need to act based on them quickly.
Moreover, security should not go unnoticed which is best said by the following statement. While storing assets with a third party gives convenience it also has some risks that may prevail and we should not lose sight on that. Thus, the characterization of assets in safe and liquid terms offer comfort and safety. Even straightforward ideas like being fully in charge of customer’s private keys may serve as a useful daily reminder of how we should be careful when making investment decisions.
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18% is quite a high number, if it is in the form of USDT, I think more people will use the service than having to make a deposit in the bank...
FYI: When the bull market is happening, demand for USDT goes balistic and 18% is considered a low amount for what else we can find. ;D
Not saying it's zero risk, but some protocols are so battle tested that the chance of you losing your money is quite low. For example, right now you can get 20% on USDC at Marginfi. Not zero risk, but they do have 55m USDC supplied plus a shit ton more money on other coins right now.
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It would have been better you atempt the flexible option which you can access immediately upon request for withdrawal because you never can tell when you have a fixed option. However if you are doing such, you should limit the amount so you do not regret it if anything happens as they are third parties and can not guarantee the safety of your assets and funds. Always remember the slogan " not your keys , not your coin", as I believe it would guide you a little to knowing what to do.
Moreover, security should not go unnoticed which is best said by the following statement. While storing assets with a third party gives convenience it also has some risks that may prevail and we should not lose sight on that. Thus, the characterization of assets in safe and liquid terms offer comfort and safety. Even straightforward ideas like being fully in charge of customer’s private keys may serve as a useful daily reminder of how we should be careful when making investment decisions.
It is pertinent to know that security of our assets and funds should be our utmost priority and as such should be properly kept in a safe and secured place under our own custody or best preferably by the owner. Third parties are not really advisable but if one insist, they just keep the little they could afford to loose and possibly be on the lookout for their investment on a daily basis to making sure they are safe.
Making of investment decision is vested on the investor alone and he or she must have concluded on the investment plans they intend to do before moving further. Maybe a research could guide them through to knowing what to do and how to go about their investment as everyone is liable for his or her own investment and whatever the result that comes out of it may be.
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18% is quite a high number, if it is in the form of USDT, I think more people will use the service than having to make a deposit in the bank...
FYI: When the bull market is happening, demand for USDT goes balistic and 18% is considered a low amount for what else we can find. ;D
Not saying it's zero risk, but some protocols are so battle tested that the chance of you losing your money is quite low. For example, right now you can get 20% on USDC at Marginfi. Not zero risk, but they do have 55m USDC supplied plus a shit ton more money on other coins right now.
Kamino (Sol network) have 21% APY in USDT right now
I like both, MarginFi and Kamino, you can supply there, get a nice reward and you'll possible get an airdrop in the future
There's a lot o nice opportunities right now in USDT and USDC
It's crazy to think that in Stables you can get in 1 or 2 months what you'll receive in traditional finance (of course with some risks)
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One question guys, staking or savings which do you guys consider the best?
I have some USDT I don't plan on spending or trading anytime soon but I still want to put it to use, I considered staking it but then I found out the exchange I was using had usdt savings of up to 18% APR and now I'm not sure if savings will be the better choice than staking
What do you guys think? Besides, the savings are also flexible and not a fixed time like the staking
If we have more finances we can do both, both staking and saving have their own advantages. Staking might be an option if we really have to choose one, but we also have to make sure the place where we do staking is safe. Because everything is related to money, we have to be careful before taking action.
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If we have more finances we can do both, both staking and saving have their own advantages. Staking might be an option if we really have to choose one, but we also have to make sure the place where we do staking is safe. Because everything is related to money, we have to be careful before taking action.
Staking and saving, therefore, managing finances in this way, does offer a chance to direct results. However, it is well understood that before making a choice, each of them must be very well thought out. Taking a closer look at the strengths and weaknesses possible for each type of method will allow us to come to a decision as to just what can be attained.
On this subject, the greatest concern is safety of the invested amount of money. Selecting a reliable web site can help to receive a positive feeling. On the other hand, saving continues to be a static option all the time in case we focus on liquidity. It can also be an interesting approach to combine both so that in the results obtained we have an equilibrium.
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One question guys, staking or savings which do you guys consider the best?
I have some USDT I don't plan on spending or trading anytime soon but I still want to put it to use, I considered staking it but then I found out the exchange I was using had usdt savings of up to 18% APR and now I'm not sure if savings will be the better choice than staking
What do you guys think? Besides, the savings are also flexible and not a fixed time like the staking
If we have more finances we can do both, both staking and saving have their own advantages. Staking might be an option if we really have to choose one, but we also have to make sure the place where we do staking is safe. Because everything is related to money, we have to be careful before taking action.
If you have a large capital, of course we can do many things, mate We can do long-term holding, trading and also staking. We can also invest in potential new projects. In staking, choose a safe place, usually I am on an exchange with a good reputation like binance. While trading we can also choose an exchange that has a reputation and potential for easier profit.
Holding we can store the main assets in a custodian wallet or hard wallet to be safer. While investing in new projects, we should have good knowledge and experience because this is very risky.
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One question guys, staking or savings which do you guys consider the best?
I have some USDT I don't plan on spending or trading anytime soon but I still want to put it to use, I considered staking it but then I found out the exchange I was using had usdt savings of up to 18% APR and now I'm not sure if savings will be the better choice than staking
What do you guys think? Besides, the savings are also flexible and not a fixed time like the staking
I'm not familiar with the "Savings" one, but you said that it's in USDT and it gives 18%. The problem that I see is that there's no room for capital appreciation on your coin since it's pegged to USD so the only profit that you will only get is the 18% APR which for me isn't satisfying. The good thing though is that you're safer when it comes to volatility because it's a stablecoin.
As for Staking, yes most of them are fixed ones, but there are some staking coins out there that gives a little lower than 18% PLUS the possibility of earning more through capital appreciation so you will earn more coins through staking and if the price of that coin goes up in price, so does your coin plus the ones that you get through staking.
I'm a staking guy so I'd rather go staking than saving through USDT. More profit, more risk of course because of volatility, but it's better for me. Decide for yourself. :)
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One question guys, staking or savings which do you guys consider the best?
I have some USDT I don't plan on spending or trading anytime soon but I still want to put it to use, I considered staking it but then I found out the exchange I was using had usdt savings of up to 18% APR and now I'm not sure if savings will be the better choice than staking
What do you guys think? Besides, the savings are also flexible and not a fixed time like the staking
If we have more finances we can do both, both staking and saving have their own advantages. Staking might be an option if we really have to choose one, but we also have to make sure the place where we do staking is safe. Because everything is related to money, we have to be careful before taking action.
Perfectly said, saving will be more safer and secure than staking with less risks but when one is fully financial balance then they both are good to practice. Even staking ain’t bad at all but risky but it can get you more profit that you can imagine but depends on which project you invested or stake in.
Saving can be risky too depending on what type of exchange you safe on and the reputation of the company. So we should make a better and perfect researches before saving in a certain exchange. Staking can be risky but it will comes with a lot of potential and value is you stake in a well and stable project.
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Between saving or staking, I personally prefer saving because there are not as many risks as staking, and if there is a good project I can buy it straight away if possible, if the price is good I can also exchange it for fiat and buy again when the price drops again
Staking is not risky if you do it on a trusted exchange with a good reputation like binance, I do savings and also staking. because I hold for the long term, I decided to do staking because while waiting for the bullish season we get benefits from staking. the best way to wait is by trading, but this requires additional capital.
no risk if staking top coins, not meme coins or coins that rely solely on fomo, there are many coins that go down and can cause losses, not to mention the cost of unstaking which is sometimes out of control, there are certain reasons I don't want to stake as a comparison rather than stake I'd rather trade
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One question guys, staking or savings which do you guys consider the best?
I have some USDT I don't plan on spending or trading anytime soon but I still want to put it to use, I considered staking it but then I found out the exchange I was using had usdt savings of up to 18% APR and now I'm not sure if savings will be the better choice than staking
What do you guys think? Besides, the savings are also flexible and not a fixed time like the staking
If we have more finances we can do both, both staking and saving have their own advantages. Staking might be an option if we really have to choose one, but we also have to make sure the place where we do staking is safe. Because everything is related to money, we have to be careful before taking action.
Perfectly said, saving will be more safer and secure than staking with less risks but when one is fully financial balance then they both are good to practice. Even staking ain’t bad at all but risky but it can get you more profit that you can imagine but depends on which project you invested or stake in.
Saving can be risky too depending on what type of exchange you safe on and the reputation of the company. So we should make a better and perfect researches before saving in a certain exchange. Staking can be risky but it will comes with a lot of potential and value is you stake in a well and stable project.
If you have a lot of capital, you should do both, staking and saving. because by staking while waiting for long-term hold we can get profit but you should be careful to choose a safe exchange for staking.
I focus more on long-term hold and also trading because for me staking only gives me a little profit. I get more profit from day trading.
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If you have a lot of capital, you should do both, staking and saving. because by staking while waiting for long-term hold we can get profit but you should be careful to choose a safe exchange for staking.
I focus more on long-term hold and also trading because for me staking only gives me a little profit. I get more profit from day trading.
In fact, combined with staking and trading can be very efficient depending on our needs and approach to investing. With staking, we can get constant passive profits while waiting for long-term outcomes, while in trading, we can make those outcomes much faster thanks to daily fluctuations of the stock exchange rates. Different variants have different possibilities and vice versa, it is possible to shift some of the effects depending on our wishes and fears.
As we already pointed out, day trading profits can sometimes be much higher in the short term, but the potential for staking profits can be slightly higher if we look for the long term gains. Well managing both is a way of enjoying the benefits of both and at the same time making sure that capital is well utilised. Secondly, it will also help to limit the effects that market volatility may have on this undertaking by ensuring that we select a secure site through which to stake.
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If we have more finances we can do both, both staking and saving have their own advantages. Staking might be an option if we really have to choose one, but we also have to make sure the place where we do staking is safe. Because everything is related to money, we have to be careful before taking action.
Staking and saving, therefore, managing finances in this way, does offer a chance to direct results. However, it is well understood that before making a choice, each of them must be very well thought out. Taking a closer look at the strengths and weaknesses possible for each type of method will allow us to come to a decision as to just what can be attained.
On this subject, the greatest concern is safety of the invested amount of money. Selecting a reliable web site can help to receive a positive feeling. On the other hand, saving continues to be a static option all the time in case we focus on liquidity. It can also be an interesting approach to combine both so that in the results obtained we have an equilibrium.
Once again doing both will have more potential for profit later, we can even do other things if we have large capital or funds. However, it is different if someone has small capital, then he must think more maturely, do more research and analysis to determine which one he will choose., Staking or saving?
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Both of them can provide benefits, now it depends on the individuals how they apply it to their actions. For example, if I am a bitcoin believer and a long-term holder, and I plan to hold it for 4 years, since that is my plan target, I will put it in staking.
Now, it is up to me whether I will put half of my bitcoin holdings in staking and the remaining can be put in the day trading activity that I do either in spot or futures. At least while it is in staking, there is a sure interest that will be added in addition to the increase in the price of bitcoin.
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In my opinion, it is better to save than staking because saving in the long term has a smaller risk if you save in coins that have been registered on the coinmarket such as SOL, BNB and ETH.. but this depends on each individual to choose an investment, it's just that here we provide the best for members here so that unwanted things don't happen.
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In my opinion, it is better to save than staking because saving in the long term has a smaller risk if you save in coins that have been registered on the coinmarket such as SOL, BNB and ETH.. but this depends on each individual to choose an investment, it's just that here we provide the best for members here so that unwanted things don't happen.
I also prefer to save, because it is safer. I choose bitcoin, ethereum, Solana and BNB to hold in every cycle. I buy during the bearish season and hold it until a bullish top occurs.
Trading is very risky and my trading skills are not good, so I choose to be a holder.
but when the market looks good for trading, I will also choose to trade.
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One question guys, staking or savings which do you guys consider the best?
I have some USDT I don't plan on spending or trading anytime soon but I still want to put it to use, I considered staking it but then I found out the exchange I was using had usdt savings of up to 18% APR and now I'm not sure if savings will be the better choice than staking
What do you guys think? Besides, the savings are also flexible and not a fixed time like the staking
Hmm its actually a good question as I am also not into this field yet as I don't want to earn money from fixed APYs due to some issues and savings term is new to me I think, if savings are flexible and not fixed like APY then it's good option as we will be getting variable amount for staking our assets right?
Or by flexible you mean you can send your tokens anywhere anytime like in fixed staking you have to lock your funds but in savings you don't have to? In my opinion staking is better if this is the case because in staking we can at least get the dynamic rewards which I like more than fixed.
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In my opinion, it is better to save than staking because saving in the long term has a smaller risk if you save in coins that have been registered on the coinmarket such as SOL, BNB and ETH.. but this depends on each individual to choose an investment, it's just that here we provide the best for members here so that unwanted things don't happen.
I also prefer to save, because it is safer. I choose bitcoin, ethereum, Solana and BNB to hold in every cycle. I buy during the bearish season and hold it until a bullish top occurs.
Trading is very risky and my trading skills are not good, so I choose to be a holder.
but when the market looks good for trading, I will also choose to trade.
Going for the saving in the crypto assets during the Bullish to Bearish phase is a chance that gives a higher hope of achieving the best outcome with the least risk. Collecting assets as you desire, we can leverage the long-term value of established assets that will give reasonable return in future.
Trading itself may sound complicated, or taking too much risk that making one become a permanent holder can be a good option but with exposure to the market. However, there is place for attempt to trade in certain time when conditions seems the best even with approach the most important thing should be done with proper care. This strategy makes it possible for us to continue trading in the crypto market depending on our capacity as follows.
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In my opinion, it is better to save than staking because saving in the long term has a smaller risk if you save in coins that have been registered on the coinmarket such as SOL, BNB and ETH.. but this depends on each individual to choose an investment, it's just that here we provide the best for members here so that unwanted things don't happen.
I also prefer to save, because it is safer. I choose bitcoin, ethereum, Solana and BNB to hold in every cycle. I buy during the bearish season and hold it until a bullish top occurs.
Trading is very risky and my trading skills are not good, so I choose to be a holder.
but when the market looks good for trading, I will also choose to trade.
Saving and staking both is also prefer for earn best profit in cryptocurrency market. But i believe that saving is also the best profitable in cryptocurrency market. Because when we hold bitcoin or others crypto, we could be sold this currency to bull market. Because we know that bearish market is also very prefer for saving and when we saw the bull market continue in cryptocurrency market then it will be prefer time for sell. So i think that this way is very prefer for earn best profit in cryptocurrency market. But if we want to earn huge profit from trade, i think it will be difficult for us.
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Staking method is that option which is totally good for short and long quantitative profits. There is no mistake, you follow the growth of the percentage, whether it is APR or APY, it increases really fast, and on a daily basis for certain sites. If you have a coin that you are in a dilemma to sell because it won't grow so fast, put it on staking.
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Staking method is that option which is totally good for short and long quantitative profits. There is no mistake, you follow the growth of the percentage, whether it is APR or APY, it increases really fast, and on a daily basis for certain sites. If you have a coin that you are in a dilemma to sell because it won't grow so fast, put it on staking.
Staking is very potential when done during a bearish era, because it can be more profitable during the bearish moment, while holding the coins in the exchange and doing staking fort his.
But, make sure that we really choose a staking platform that is indeed trusted, so it is safe even for staking for a long time.
It's just that, of course everything will have its pros and cons
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Saving and staking both is also prefer for earn best profit in cryptocurrency market. But i believe that saving is also the best profitable in cryptocurrency market. Because when we hold bitcoin or others crypto, we could be sold this currency to bull market. Because we know that bearish market is also very prefer for saving and when we saw the bull market continue in cryptocurrency market then it will be prefer time for sell. So i think that this way is very prefer for earn best profit in cryptocurrency market. But if we want to earn huge profit from trade, i think it will be difficult for us.
Yes, doing both are better because we will have some options for earning profits. It is not difficult to do staking and saving together. We only need to divide our funds into 2 things. But I think we only need smaller money in saving, most of them must be put on investment. It is because investment can give use profits, meanwhile savings won't give profits. Even, saving may lose the value of our money. But we need saving for urgent needs.
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Saving and staking both is also prefer for earn best profit in cryptocurrency market. But i believe that saving is also the best profitable in cryptocurrency market. Because when we hold bitcoin or others crypto, we could be sold this currency to bull market. Because we know that bearish market is also very prefer for saving and when we saw the bull market continue in cryptocurrency market then it will be prefer time for sell. So i think that this way is very prefer for earn best profit in cryptocurrency market. But if we want to earn huge profit from trade, i think it will be difficult for us.
Yes, doing both are better because we will have some options for earning profits. It is not difficult to do staking and saving together. We only need to divide our funds into 2 things. But I think we only need smaller money in saving, most of them must be put on investment. It is because investment can give use profits, meanwhile savings won't give profits. Even, saving may lose the value of our money. But we need saving for urgent needs.
I agree with you. doing both is better holders can stake there coins for earning extra rewards. but staking is also risky. always keep crypto assets on personal non-custodial wallet is much better. but if someone can able to take risk then he or she can stake there holdings.
I have always been against staking but since there are many good and trusted sites for staking like Binance Exchange and other more crypto exchanges then staking is not bad.
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If this is done in exchanges, there is no difference at all with stakings and savings. They both have the same description on how they are being used for these exchanges. So, if someone has got a lot of stable coins, they for sure want to use it and earn some interest and both offers it. But don't get it wrong, staking is really for the POS coins and not sort of depositing only and you'll earn interest whereas that's what savings is.
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One question guys, staking or savings which do you guys consider the best?
I have some USDT I don't plan on spending or trading anytime soon but I still want to put it to use, I considered staking it but then I found out the exchange I was using had usdt savings of up to 18% APR and now I'm not sure if savings will be the better choice than staking
What do you guys think? Besides, the savings are also flexible and not a fixed time like the staking
Saving is just saving the money it will not multiply or gain a profit so for me the best choice is to do staking you can earn while you are sleeping and you can get profit while you are doing your works that is not related to crypto, saving is good but saving alone cannot make you financially free theres a lot of reason while people still poor even if they save a lot of thier money,we have expenses and daily needs so our saving will not going to work it will slowly gone for sure.
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Saving is just saving the money it will not multiply or gain a profit so for me the best choice is to do staking you can earn while you are sleeping and you can get profit while you are doing your works that is not related to crypto
not only does it not multiple but it also decreases in value due to inflation i mean even the centralized banks do not encourage saving your money for a long time because at the end not a lot of benefits that you will get from it so either invest the money or spend it
saving is good but saving alone cannot make you financially free theres a lot of reason while people still poor even if they save a lot of thier money,we have expenses and daily needs so our saving will not going to work it will slowly gone for sure.
it can only help for when you have an emergency but otherwise it would not really make you rich it could also be helpful if you really are planning on spending it on something but if not and you have no idea how to spend it then it would just collect dust