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Do you think volatility can affect your staked coins?

  • Thread starter Thread starter Sincerem
  • Start date Start date
Shigobad2020 said:
Volatility in the crypto currency world will always affect the price of your staked coin because the volatily always increases or decrease the price of crypto currency coin.

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Yes, provided your coin is still a volatile coin, it will be affected when the price of the coin you staked move up and down. But when it moves up, it means double reward for you.
 
Write your reply...do you think volatility affect your stake coins volatile coin would always be a it is very good for people to stake there coins there crypto currency especially those of once that have the Ability to re over when bit coin is dipping g
 
Yes for the fact that cryptocurrencies are designed that way he gives the investors opportunity to always find a way to manipulate and Influence it in such a way that they make money from it especially the traders.
 
It will affect it that's why stakers are elergic to losing funds when their staked coins drop too low off the market of their staked potential profit.
 
I think volatility is the change in the value of coins which could either be positive or negative change. And I think this volatility nature that help one to make money or lose money, so definitely it can affect staked coin. It is just my opinion though. Thanks for sharing.
 
Though according to the post, the conclusion is that it will affect the stake. But to me it is a cheat. The staking return should be based on a fixed interest.
 
Stablecoins is an alternative for you if you do not want to be affected by the volatility of the market. You can either win or lose with crypto market volatility.
 
Sincerem said:
Yes, provided your coin is still a volatile coin, it will be affected when the price of the coin you staked move up and down. But when it moves up, it means double reward for you.
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You are correct @Sincerem. It's good if the cryptocurrency coin that you have staked went high. It means high profit that you can take. You can also stake again in order to grow the quantity of cryptocurrency coins.
 
Chibson1 said:
It is very good for people to stake their cryptocurrencies especially those ones that have the ability to recover when Bitcoin is dipping.
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I believe the volatility in all the crypto currency is the main reason why most coin flunctuate and go up and comes down in the crypto currency market, so the volatility can affect the staked coin.
 
jeff87 said:
You are correct @Sincerem. It's good if the cryptocurrency coin that you have staked went high. It means high profit that you can take. You can also stake again in order to grow the quantity of cryptocurrency coins.
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Sure, that's the beauty of staking your funds via any wallet or exchanger that has the option of staking. You can even stake many coins and relax your mind waiting for profit every month.
 
When you are staking coins, you are actually staking crypto currency and not the fiat value associated with your coin. For example, if you stake 1 BTC, you are staking 1 BTC and not $45,000. You earn the same reward but the fiat value of reward might fluctuate.
 
Nomad said:
When you are staking coins, you are actually staking crypto currency and not the fiat value associated with your coin. For example, if you stake 1 BTC, you are staking 1 BTC and not $45,000. You earn the same reward but the fiat value of reward might fluctuate.
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The cryptocurrency value of the reward also fluctuates dear. It can move up and still slow down base on the staked coin progress in the market.
 
Sincerem said:
The cryptocurrency value of the reward also fluctuates dear. It can move up and still slow down base on the staked coin progress in the market.
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I guess staking on stable coins do not fluctuate. If the reward fluctuate, why do they show a fixed APY for the crypto staking and crypto pairs. Do they actually change their APY?
 
Nomad said:
I guess staking on stable coins do not fluctuate. If the reward fluctuate, why do they show a fixed APY for the crypto staking and crypto pairs. Do they actually change their APY?
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Stable coins staking aren't affected by volatility that's why their APR interest is low compared to the volatile coins especially those unknown coins languishing in the lower side of the crypto table.
 
Yeah I think volatility can affect staked coin , most staked coin are not yeilding profit and even loss , because of the price of the coin dropping rapidly a time goes on
 
Thinker009 said:
Yeah I think volatility can affect staked coin , most staked coin are not yeilding profit and even loss , because of the price of the coin dropping rapidly a time goes on
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Yes, most of the staked coins doesn't go as we planned it after investment. Some of them go the other way round and drifting down after people staked on it. Which might even make some stakers losing more than they invested.
 
Sincerem said:
Yes, most of the staked coins doesn't go as we planned it after investment. Some of them go the other way round and drifting down after people staked on it. Which might even make some stakers losing more than they invested.
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That's the truth about it , the only time I would choose to stake a coin is if I want hold it for a year or more than , because I won't bother about the frequent volatility of the coin
 
Provided that the cryptocurrency you are holding is not a stable coin then it is exposed to market volatility and you should be very careful when you are trading it or better still put a stop loss.
 
Thinker009 said:
That's the truth about it , the only time I would choose to stake a coin is if I want hold it for a year or more than , because I won't bother about the frequent volatility of the coin
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Yes, if you stake a coin for longer duration you'll have a chance to get more APY and also you won't be bothered about volatility cos it's a long term stake. Currently the highest staking duration I've seen it's 90 days I never seen up to a year duration.
 
Sincerem said:
Yes, if you stake a coin for longer duration you'll have a chance to get more APY and also you won't be bothered about volatility cos it's a long term stake. Currently the highest staking duration I've seen it's 90 days I never seen up to a year duration..
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I think I always see something like a year duration on binance platform , and it's on flexible staking , while on locked staking they have specific period of time for staking
 
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