/biz/ - Business & Finance

>>22403918
balancer pools. thank me later.

>>22403931
I dont know what that mean so shut the fuck up

>>22403918
synthetix. but the price is about to crater 80% so hold off

>>22403918
It's doable but you need huge starting capital to make enough to live off of.

For reference, i have about $40k staked and make around $30 a day. 10x my stack and I'd be golden

>>22403960
That said, I also have mine in quite "safe" spots (relatively speaking). If you went for one of those ridiculous yield farms you could probably do it on 40k, but you also have a much higher chance of losing it all unexpectedly

>>22403960
Is this SXP?

>>22403944
deleat posht?

>>22403958
is it? why? I sold almost everything already except for LINK and SNX

>>22403918
look into Axion fren

>>22404029
if btc drops below 20ma to 9k-8k, snx will easily drop to $1-2. all these defi tokens have had insane runs, taking profits at some point is necessary lest you sit through multiple 80% drops. 1-2 is my buy zone

>>22403960
then reinvest the money and stake that right?

>>22403931
This

>>22403918
You are fucking retarded OP if you think you can make a living staking so early in the game. Even staking protocols take off and offer actual decent long term returns, you wouldn't have enough.

Should have taken your profits back in 2018 and bought up leases for real passive income.

>>22404003
yCRV yearn vault

>>22404280
If it one that requires you to "claim" what you've earned, yes. I dislike that though since it's more money wasted on gas fees

>>22403960
So please tell me, what are your safe staking spots?

Actually yes. Bought ~500 Uniswap late Late June for $500, since then I've earned 200 more Uniswap and the price has increased to $1.30

>>22403918
I've been slowly building up a staking pool with ATOM. Compared to other crypto the return isn't huge but much better than going into dividend stocks.

>so tired of trying to beat the market
buy & hold 2-3 years = 5 minutes of work?

cmon guys, in 2017 I saw a 15 years old chinese girl who had millions on poloniex acc (good old times :(). Just be patient.

>>22404428
500 "uniswap"?? What do you mean thats not a token

>>22403918
Pro tip. Staking or any kind of interest higher than 1% per annum is going to be a ponzi scheme and you will lose it all bitconnect style. You can listen to me or continue being a greedy retarded retard

I make $700 a day off $ORN and soon will make 4 eth a day on $YEET

>>22404423
Look into the options provided by Yearn Finance (that doesn't mean the YFI token specifically) or Curve. Again when I say "safe" I mean they've been stable for a while and aren't gonna rugpull, nothing is risk free in this business.

>>22404555
How much did you put in?

Statera hands down.

>>22403918
I make between 200 to 300 a week from icx staking, but it could very well shit the bed again. You have to stake your icx as a vote for projects on the mainnet to get the reward though.

>>22403918

If you put 100k ADA to stake you could make 1000-1500 a month.

>>22405063
Damn, 125k ICX? I'm only sitting on 5k.
This will go up soon.

>>22405137
I don't see why not, it's being integrated into enough day to day usecases. It's not a hypothetical anymore imo.
This is my largest hold.

>>22403918
you can check here https://getzencash.free.hr/faucet the more you stake the more your multplayer rises

>>22403918
am hodling yfv pool
I already down -30 % on my investment
should I save what is left before everything goes 0?

>>22403918
i did in 2017 with colx. bought 2 masternodes at 2 sats. when it mooned it was the equivalent of making 500 a day for 6 months and my masternodes were worth 20 btc (when btc was near 20k). i cashed out my passive gains for a like 100k+ but got rugged by cryptopia beforr i could ditch the nodes. they still made me a lot of money for the next 8 months or so but i blew all my money on hookers and drugs and gambling and the rest died in crypto. from 9k to 1.1 million to 20k in a year and a half. fuck me.

I‘m staking kava and Sushi but only small amounts. When the bull run starts it’ll get much more profitable. Right now I’m making 3-4 dollars a day

>>22403918
Statera has all the answers you're looking for although you'll probably have to wait a couple of years to start making significant passive income gains. Make sure you read the whitepaper before buying it.

Neutrino is a stable coin on Waves pays around 20% per year. Optimal risk / reward.

>>22406099
>20%
Why not just put a stablecoin into yfi?

>>22405588
COLX was a scam, i lost lots of money with that shitcoin, i regret buying it.

>>22403918
dyor, but sending a couple etherium to the aegis surf pool is about the easiest and highest reward thing you could do today (t.me/aegis_pool)

I'm new to it but they're super above ground and general consensus is this will be a 20x for investors

>>22403918

"staking" a worthless piece of "cryptocurrency" which you cant use in real life and could have 0 value and produces 0 value.

Thanks but i rather buy divvy stonks

>>22404353
Fuck off you demoralising faggot people are making money staking right now and just FOR ONCE I’d like a decent thread discussing viable options
Why is /biz/ like this now it’s fucking pathetic

>>22406761
>worthless cryptocurrency
>buy stonks
You have these mixed up. Cryptocurrencies actually do something, stocks are literally nothing, they have zero real value

>>22404690
How about defi insurance
Isn’t there a way to insure crypto on Yearn in case of a smart contact failure or other fuckery
Does Nexus Mutual or any other platform offer insurance
If not then why the fuck not this entire defi thing is supposed to be trustless is it not

>>22404516
Absolute bullshit

>>22406979
except give you dividends when crypto does fuck all unless you sell it for guberment approved money.

>>22406203
Can anyone recommend pic related strategy
I deposit my stinks on Aave and take out a loan for USDC then move said loan to another platform and earn a disgustingly large percentage

>>22406761
What is it with these random completely pointless fudders like ok faggot you don’t even believe in the basic concept of staking meanwhile people here are earning thousands and are discussing it on a cryptocurrency board fucking kill yourself asap

>>22404326
BOG ID. I'll take your advice.