My staking journal
For who is this strategy made?
For traders with the following goals, I want to earn slowly and invest a lot while not taking a constant interest in my coins, I sometimes just want to have it on the side, and the price protection grants me a lot of help as price spikes don't apply at all so me if it drops by 40% I just buy more coins, but at the current rate we are holding 2 months on 20k and barely risen one time to 25k.s
My current progress on staking, I have now staked a total of 200 USD and I'm starting to see where this strategy will take me.
As I stake my income of currently 10 cents per day, I can see why the rates of rates strategy is so appealing and why some people choose it.
I have now bought the most well-known coins which are publicly shared.
My list is the following
- ALGO
- FTM
- MC
- SHIB
- ETH
- BNB
- BTC
- MATIC
- AXIS
My strategy is to now in the low of 18-21k Bitcoin buy a lot of coins at an underpriced volume and then stake them to earn daily yields.
My current goal is to achieve 7 times the invested value and maybe 50% interest. I do a really low investment profile which could be done by most people who don't have a lot of money or time to invest.
I do check prices every day but I rarely day trade, I sometimes enjoy trading futures, but as it takes a lot of focused time I rather stay on my low profile way.
So with my 50-100 USD per month, I buy coins at the current undervalued price and resell them later during winter, as the low is still stabilizing and we have yet to see another high.
So with my 10cents, I buy every day more staking offers or I take it to trade some futures and get a basic understanding of the trade.
Where does this come from?
Rates of rates come from the ideology of stocks, where people would buy a stock when yields were being given and then would sell them off after interest day.
For me, the idea was to have an investment that gives daily yields and of course, allows me to study trading.
With this I have both, I can sometimes take 10 cents out of trying a new trading strategy and still have a lot of money on the side so if it doesn't go as planned I still have the next day and sometimes I buy more staking from the yields of my futures trading.
