Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
That's it, no one pray for such. We've always hope for the coins to be heading in the positive direction and not heading to the negative side.Seriously, it's definitely going to be very possible when the volatility is actually heading towards the negative plot as it's definitely going to cause massive loss.
When staking, there's a period of time you agreed on staking your coin, in which within this period of time, you are unable to withdraw your coin until the period elapse.This then means those interested in staking ought to put some price notification that would make them take out their funds to avoid massive losses.
That is good then and those staking only have to become more patient even when there is volatility as the market could still go up again.When staking, there's a period of time you agreed on staking your coin, in which within this period of time, you are unable to withdraw your coin until the period elapse.
You can also try to do some research on some terms and best way to carry out what you researched is by taking actions. Life itself is risk. Take the risk.You are right on that, one has to take risks to know what coin to stake on, well, I have to be here to learn how to go about it, thank you for this post. I have been learning a lot here though.
of course when the trade volume is high shows that people are trading the coin investing and reinvesting so definitely the price we will move up.Trade volume can also have a great impact on the price movement of cryptocurrency in the marketplace. The simple way out of this is never to check the price movements.
That's why people out stake coins they firmly believe in. Take Ethereum for example, it's one of the most staked coin right now. Anyone holding for years knows that at the end, they will be the ones gaining.I understand that most users will be curious to see this, and some of them have been gearing up to get an answer to this topic.
The answer is yes, volatility can affect your staked coins, provided you staked on a volatile coin. It affects the coin's liquidity and price validation, and also the reward you'll be getting per duration of your staked coin.
If you stake a coin, and bearish run of high magnitude occurs like the one the coins are suffering from currently. It will surely bring your investment down, and your reward won't be the same from your initial proof of stake (I.P.O.S) when the bearish run never occurred.
For in stance you invested $50 into UNI coin with 23.53% APY interest rate when the coin "UNI is valued at $30. Then all of a sudden bearish run came and slashed down the price of UNI coin you staked to $20. That will bring your reward down, it won't be paid according to your initial coin staking.
Same thing occurs when you staked a coin, and bull run occurs, your initial staking will improve and your reward will go higher.
CONCLUSION;
So you should be wary of the risk involve in staking before you enter it, to avoid losing funds carelessly. Always read the terms and conditions for any ICO (initial coin offer) you're staking on. The FAQs is there for you to read and understand how staking works.
Yes, ETH is always potential, it has brought lots of financial benefits to its lovers. That's why they can't do without the coin.That's why people out stake coins they firmly believe in. Take Ethereum for example, it's one of the most staked coin right now. Anyone holding for years knows that at the end, they will be the ones gaining.
Staking is different from staking dear. When it comes to staking, it carries low risk compared to trading where it carries higher risk. You stake for a coin list on ICO hoping to earn commission per duration you staked the coin base on APR level.Like l stated in other threads, the first thing you do before you stake or trade,vis to carry out in-depth researches on the coins, there are many ways to do that online. Then after you have gathered your results, you can then confidently trade the coin of your choice. Trading is all about research
It isn't stable with cryptocurrency, and it's nature of fluctuations makes us be with it for profit. If your stake coins move higher in price that's double income for you.Personally I believe that it's something that can actually happen especially with the nature of cryptocurrencies and how they behave in the market which shows that day and never stable for 24 hours in a day.
-You are right in your conclusion. That's the risk you have to take if you stake your coin.
Sometimes I regret that I have not hold my coins for long term. Like for example the binance coin, I sold it when the price was at $48. And then after a few weeks the price went up to $349.