When l get closer and carefully examined the crypto mining and Investments on the cryocurrency industry, it favours those that have a bigger chunk. Investing on the staking with less than $100 is completely a waste of time
Have you ever relied on the staking of crypto as a second stream of income?
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No! Staking need to be done with some substantial amount of money. It is in my plan but i don't have such amount of money to invest in cryptocurrency now. Perhaps, in the future i will consider it as option if i have over $1000
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I never rely on crypto staking rewards as a second source of income, I stake crypto mainly to wait for the price to rise on bluechip crypto such as BNB, ETH, SOL, ADA, and after the price is high I will immediately sell or swap with stablecoin.
eLdavis
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No i have never tried staking since i do not have a proper knowledge of how crypto works. I think it would be a nice extra source of income though.
I have some staked bitcoin and stable coin, but I don't consider them at all as a second income source. Too volatile. I only leave on staking a very small amount.
Staking crypto is very risky especially for crypto which are not stable coins, their value fluctuates a lot and it is difficult to predict the price changes.
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I do staking and earn some profits but it is not my second income stream. To earn well, you need a lot of investment, which I don't have
No, i haven't relied on the staking of crypto as another source of income.
