Crypto passive income. Best crypto staking.
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This video tells you the best way to earn passive income with crypto staking.
I have been working on this report for a few weeks because there is a problem.. There are just too many options. There are far too many sites and coins to stake.. and there’s no resource that tells you the best place to stake crypto.
So I’ve taken matters into my own hands
Let’s rank the top centralized crypto staking and decentralized crypto staking to find the best way to stake crypto.
What is crypto staking?
Staking is the method in which a proof of stake cryptocurrency validates transactions on it’s ledger.. But how is staking crypto different than mining crypto?
Staking Vs. Mining Crypto:
Staking is not unlike mining crypto like Bitcoin except where Bitcoin uses physical constraints like electricity to ensure there are no fraudulent transactions… a proof of stake crypto uses your assets as a kind of show of good faith to help keep the system running properly.
Staking your crypto is about as risk-free as passive income gets because you’re not actually sending it anywhere and no one is borrowing it. In fact, it’s one of the best ways to make money online!
Your biggest risk with staking is your own human error.. Like losing a password.
In my opinion, staking is best for cryptos you plan to hold long-term anyways, if this is the case, staking is a no-brainer.
Best crypto
Crypto passive income
Top crypto passive income
Top altcoins
Timestamps:
– 00:00 Intro
– 00:23 Why this Matters!
– 01:02 Staking Break Down
– 02:07 Centralized Option 1
– 03:01 Centralized Option 2
– 03:57 Centralized Option 3
– 04:35 Centralized Option 4
– 05:11 Super super super important
– 05:18 Centralized Option 5
– 06:38 Centralized Option 6
– 06:49 The DeFi Disclaimer
– 07:11 Decentralized Option 1
– 07:35 Decentralized Option 2
– 08:28 Watch Me
– 08:46 Why Such Juicy Rates?
– 09:26 Are These Rewards ACTUALLY Good?
– 10:28 In a Nutshell
– 11:06 My Stake Pool
– 11:30 The Problem with Staking
– 11:49 Have a Profitable Day!
Schedule one-on-one business consulting with me here: https://max-maher.teachable.com/p/1hr-consultation-call
*I am not a financial advisor. This is not financial advice*
source
Note: staking eligibility for certain coins may vary depending on the laws of your country. For instance, Binance has many more options than Binance.us
If you are interested in a better staking platform sign up to be notified here! https://mailchi.mp/31495573c1c5/staking
in my opinion, the best staking is provided by Elrond Maiar. period.
Great video, Max! What's your opinion on NEXO?
Do you have a video about NEXO?
Thank you 🙇♀️
Where is Vauld?
no Anchor yields? its literally the standard savings account in crypto.
No, at this moment, coinbase only offer no more than an 1% on any coins staking.
I didn't realize edge got into crypto after his WWE days
Unfortunately no YouTube has made a staking strategy video with staking limits/quotas over multiple platforms. Max maybe you could?
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Max, I've seen almost all of your videos on passive income and I'd like to ask you? If you were a rookie like myself, what would you choose between staking and lending? And What's your favourite passive income cryto strategy?
i subscribed, thank you for the research bro!
what is with beefy?
Is staking a viable and proven way to prosper?
Nice video! the best decision I ever made in my life was investing in financial market with a professional broker Mrs Harrison Camela Trust me guys.,
I had this giant comment i was typing out mid video until you started addressing some of my concerns with PoS. The idea of it sounds great at face value, but when you really get into it there are definitely some concerning issues. one of them being it becomes an inflationary asset. But thats not as big of a deal per se, as my other concern which is centralization.
Maybe im confused about something, but lets say I have 2,000 ETH. what stops me from having more influence than someone with 20 ETH? if 20 ETH is the minimum needed to run a validator node, what stops me from setting up 100 separate nodes? and because I hold 2,000 ETH, i will forever be gaining more rewards than the person with only 20 ETH. What stops someone from taking control over the network?
The other concern I have, is not really as clear or perhaps even logical, but I get nervous when governments around the world, like the UK for example, are only hostile against PoW. They seem to like PoS. And I know everyone will tell me its because of the environment, but why does XMR get so much hate then? Anyone can mine that with an average consumer grade CPU. The obvious reason is because they have no control over XMR, or way to track and trace it.
So this makes me ask this question, 'why?' They dont like BTC because its bad for the environment, could be true, could not be true, it depends on your perspective and what you are comparing it with. But XMR is no worse for the environment than people with gaming PCs… But its a privacy coin with an extremely low chance of centralization because many people can afford or already have a PC capable of PoW for XMR.
So what is the actual motivation behind these stances? XMR is much more environmentally friendly, but governments currently have no way to trace and control it. So therefore they want to ban it. So maybe im crazy, but to me it strikes me as highly suspicious they have a different view about PoS. Basically what im saying is I think there is a way for governments to control PoS. I clearly dont understand enough about the space. I would really love it if someone could dispel my FUD i have about PoS. And I do hold cosmos because I dont want to miss out on potential gains.
But when it comes to the future of crypto, and privacy and financial freedom, PoS has me worried. If anyone actually took the time to read this, I would really enjoy to read other peoples opinions on this.
cheers everybody.
I headed to binance after watching this, but there is a catch in staking with them. For example you can stake a maximum of 2 AXS ($100) for that 100% APY
How about Axia Coin?
Also thank you so much for making YouTube videos!
Edge?
Appreciate your work my man. You just earn a sub.
Wholesome video. Great content, great editing and your personality adds more to it. Subscribed.