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21/08/24
03:54
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Originally posted by Hustlebuddy:
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During a downtrend like this one, I think one of the smartest way to ensure that you don’t lose your money, is to be very cautious with investments.
Times like this, is when you start to hear a lot of crypto enthusiast talk about the appeal of staking, and why it can be a very good option, mostly because it doesn’t come with uncertainty, as you’re already sure of what you’d be getting.
I’ve seen a lot of people give examples like the 18% APR that an exchange like Bitget is offering users on their platform when they stake USDT, and this sounds like a very good idea, especially when you consider that not a lot of platforms can offer an APR that high.
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I saw that event, a 7days term staking for 18% APR, it's pretty impressive. Now that I think about it, Bitget has pretty nice staking opportunities, it's quite useful during this period.