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Choose the right asset(s)

When making the decision to stake crypto, it is important to choose the right asset or assets to stake. Like with any other investment, you need to conduct thorough research on the assets you would like to hold to stake.
It is advisable to look at factors such as market capitalization and trading volume (to gauge liquidity), historic price development, size and quality of the developer team or community, track record in meeting roadmap milestones, how the project fares against competitors, etc.
As a general rule of thumb, should the asset you would like to stake not meet your standard digital asset investment criteria, then it is probably better not to stake the asset.

Don’t invest more than you can afford to lose
Regardless of whether you are investing in bitcoin or stakable cryptoassets, you would never invest more than you can afford to lose. Cryptographic assets are a highly volatile asset class where it is not uncommon for a holding to drop by 50% in value or more in a matter of months (or even days).
Therefore, it is advisable only to put an amount of fund at risk that you would be comfortable to lose – if the worst case scenario would occur.