Atomic Wallet Staking Rewards For LUNC Is 38%

154 viewsGeneral Discussions

Atomic Wallet Staking Rewards For LUNC Is 38%

Why not stake as long as it’s at that rate and bail when it decreases?

Andrew Peters Answered question May 21, 2024
0

For now, I don’t think this is the right time to buy LUNC with the current trend as you can see on the chart it is a downtrend so I don’t think this is a good time to buy and stake in LUNC as you can its already lost 30% in 1 month meaning if you staking this for almost a year you already lost 30% of your staking reward so it’s risky to start right now with the current price structure.

However, if it shows some signs of a bullish reversal that is a good time to start staking or buying this token while in a bullish trend.

Sashitha ilepperuma Answered question May 21, 2024
0
You are viewing 1 out of 2 answers, click here to view all answers.