RATE Group | Why Staking is Becoming A Hot Topic
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Why Staking is Becoming A Hot Topic

Why Staking is Becoming A Hot Topic

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In the last 12 months, cryptocurrency holders around the world have demonstrated a remarkable shift in sentiment after a huge uptick in cryptocurrency trading volume burned the hands of numerous traders.

As such, both short-term and long-term holders are beginning to look for low risk, stable investment options that generate a healthy profit. Among these options, cryptocurrency staking stands out as one of the most promising, since numerous Proof-of-Stake (POS) coins have generated substantial yields for stakers over the long term.

A Low-Risk Alternative

After acquiring cryptocurrencies for the first time, investors tend to fall into one of two camps. They either enter the long-term hold mentality, leaving their cryptocurrencies untouched in the hopes that they will naturally appreciate in value, or they begin attempting to trade on cryptocurrency spot or derivatives markets.

However, although trading has the potential to generate significant profits, the risks involved are also…

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