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Posts & Investments - #staking.

Nadia Vanderhall
@nvknows
Have you heard the news NY investors? You can now grab some #crypto on Public! Starting today NY residents can grab — - $BTC - $ETH See more
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#Staking What is your favorite place to stake your Crypto to earn while holding? Thanks to the Public community, I've been able to find multiple applications along the way and I'm always looking to find new ones. Currently I use Coinbase, Gemini, Voyager, and most recently FTX. I prefer centralized exchanges at the moment and given they are NOT FDIC insured I also prefer to spread money across multSee more
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Sold BitcoinInvested for 145 days
Made11.36%
Looking to move my crypto to a platform that pays interest. Will return it to Public once that feature is built out. What’s your favorite crypto platform to earn interest? #staking // My investing toolkit for everyday investors: https://linktr.ee/realwealthshare
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Added Algorand to Watchlist
👀 $ALGO will be top 10 crypto - continue to add since 33 cents and holding ALGO returns 4%, better than your bank - #algorand pushes for ethereum compatibility and hires ex JPMorgan/Nasdaq alumni, Staci Warden 👀 #cryptocurrency $ETH #ethereum #cryptoadoption #letsgo #staking https://finance.yahoo.com/news/algorand-pushes-ethereum-compatibility-20m-200532305.html
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With tax season right around the corner, you may be wondering, how exactly will crypto created while it's being staked be treated by the IRS? The short answer: That is still being figured out, but there may be additional clarity on this issue soon. The IRS is not going to attempt to tax tokens created through staking going forward . . . but, and this is a big but, that is an administrative decisiSee more
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#Staking #CryptoLingo Investing in crypto is probably new to most retail investors and many don't know where to start or what apps to use. Would love to hear about some of your horror stories and pitfalls so that the community as a whole can learn from other people's mistakes. No sense reinventing those pitfalls ... The Breakdown: - "Staking is the process through which a blockchain network user 'sSee more
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I think I’m starting to not care about dividends earned from stocks anymore..Now that we can earn 40-100% APY compound interest,passively investing in Bitcoin and alt coins, Proof of Staking or PoS, sounds much better and safer due to it being protected on the Blockchain. Getting paid out Monthly vs Quarterly, also tells me I’ll make more investing in crypto than stocks long term. I’m not a liceSee more
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Traditional interest #savings account VS #crypto #staking. We can all come to an agreement that the primary purpose of the traditional bank savings account is to accept savings deposits and pay interest on those deposits. Unfortunately, over the centuries the interest paid dwindled to almost nothing. Then came internet banking with the online savings bank that paid higher levels of interest in retSee more
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Many crypto investment platforms offer very high interest returns for staking, or holding certain crypto currencies on those platforms. USDC, a “stable coin,” pegged to the dollar seems to offer some of the highest returns (9%-40%) for a supposedly less risky investment (as opposed to other currencies). Anyone else using these platforms as high yield savings accounts? Which platforms are you usSee more
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