Have you ever relied on the staking of crypto as a second stream of income?

[Stardom22]

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

 

[magnus2022]

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

 

[Suba]

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]

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.

 

[pousinha]

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.

 

[neku]

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.

 

[Nomad]

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