what motivates crypto users to engage in the crypto staking activities despite the volatility nature for the block chain?

[Stardom22]

ln most cases the staking of crypto is less profitable especially when the token you invested in drops in the prices. Additionally, the interests earned through the crypto staking is very little for sure such that one must invest heavily to earn anything at the long run.

 

[Suba]

I don't think blockchain has volatility, but rather the market that determines prices. I have several cryptocurrencies currently staked, such as ADA, Sol, and Bonk. However, because of my long-term goals, I don't care about price volatility, which fluctuates constantly, especially since I'll be earning passive income.

 

[eLdavis]

I think one major thing that motivates them is what they stand to gain from it, so they are willing to take up the risk.

 

[neku]

Internet companies here are targeting some domain investors from poorer communities for massive financial fraud, making it difficult to make any money online, due to which the investors stake the crypto they have to make a little money.

 

[Augusta]

They believe they can make good money all the same from it. It is just risk taking that might turn out well.at the end hopefully

 

[neku]

The internet companies are very efficient in blocking payment from various companies, especially outside the country, so the staking interest is greatly appreciated.

 

[kit_hung]

The thought of earning a huge amount motivates people to participate in crypto staking. I think this motivation is sufficient and affects all of us.

 

[Augusta]

Thr biggest benefit of staking is earning rewards. staking allows one to grow crypto over time too

 

[wisdom01]

Potential for passive income and supporting the network! Staking's a way to put crypto to work, earning rewards despite volatility.

 

[Stardom22]

For me l think that it's high time to embrace in the crypto staking and investment ventures. The small profits being earned consistently build up with time and one day would turn huge money.

 

[Webster]

ln most cases the staking of crypto is less profitable especially when the token you invested in drops in the prices. Additionally, the interests earned through the crypto staking is very little for sure such that one must invest heavily to earn anything at the long run.

Staking crypto is akin to putting money into a C.D. - you're trading the liquidity of the money for known gains down the road.

 

[Nomad]

Crypto volatility affect your staking rewards but volatility does not push your asset to losses. That's why a lot of people stake