Reaping higher profits on the staking of the cryptocurrency

[Xtynehappy]

I think the folks that had stacked in the cryptocurrency and most specifically the bitcoin in the last year when the coin was very cheap are now having every reason to smile to the banks. This is because the bitcoin price is now very high and the people do enjoy higher profits. What do you have to say concerning this

 

[magnus2022]

Cryptocurrency is two edge sword. When the price goes up, you can make hige profit but sometimes ot can move against you. Once thing I realized about cryptocurrency is that patience is a great asset. You can buy low and wait patiently for the rise

 

[eLdavis]

For me I don't really have anything to say, they had an opportunity and they took it and luckily for them it played out in their favour.

 

[Suba]

The price of Bitcoin in 2012 was $13.50, but I didn't have the courage to buy BTC at that time, I just collected it from the faucet site at that time with tempting rewards. Early investors were full of speculation, in fact they bought and forgot. And currently the price of BTC reached $68k.

 

[Webster]

Cryptocurrency is two edge sword. When the price goes up, you can make hige profit but sometimes ot can move against you. Once thing I realized about cryptocurrency is that patience is a great asset. You can buy low and wait patiently for the rise

The same general strategies one can use with stocks also apply in principle to cryptocurrency
-buy low, hold and sell high
-average out your investments over time (dollar-cost averaging)
-researching possible investments

Wash, rinse, repeat.

 

[deucher]

I am glad that people invested in bitcoin and also invested in staking coins. I didn't have that much knowledge then, that's why I'm doing all this only now, but I can't get such a high profit anymore

 

[Stardom22]

I think it's a very wise thing to be opportunistic on the business industry. That's because an opportunity once come come and disappear forever.

 

[mrki444]

I am in 30% staking program. I bought one part at higher price and one part at lower. For me is just important to price stay same. When I collect it more trough staking I will start convert it into USDT.