What’s Your Take on Staking in Crypto for Passive Income?
What’s Your Take on Staking in Crypto for Passive Income?
I’ve been hearing a lot about staking as a way to earn passive income with crypto, so I’m curious about the pros and cons. Do you think staking is worth it? What do beginners need to consider before jumping in? Are there any risks or specific platforms you’d recommend?
Shabira Shafeek Answered question October 29, 2024
Staking could be a good way to earn passive income, especially in coins like Ethereum or Cardano. I always research the staking model of the project before investing.Altrady makes it easy to monitor the coins I’m staking and track performance.
Shabira Shafeek Answered question October 29, 2024
good in the bear market when there’s nothing happening but always consider lockup periods when you’re staking in a bull market. The last thing you’d want is to be lockedup when everyone’s already selling
Joan Husk Answered question October 29, 2024