Stake it till you make it

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For plebs like me who have zero skin in the game, in terms of trading of course, staking coins and earning through inflation is the way to go. This is why I'm always out and about, looking for different opportunities to grow my portfolio through these tokens.

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My search for earning opportunity brought me to Hive and that in turn led me to embrace the staking culture. Growing my stake on hive is organic and recurrent. Through my posts, I earn a tiny bit every day and while I'll gladly accept more stake, I'm also grateful for what I have accumulated so far.

Earning from your stake is The way to go, particularly if you aren't a day trader that knows about signals, parabolics, candlesticks and all that stuff. Through staking, you simply buy coins and lock them up, to earn dividend on platforms like Travala.

On Travala, you can earn 24% ROI for staking coins on a monthly basis. I took a punt a couple of weeks ago, and so far so good, I think I'm coming closer to my first earning. Two things that give me hope about Travala, other than @trumpman and @empoderat shilling is the utility of the token and the solid framework.

Speaking of solid framework, there's also staking on Vite Blockchain that I've been doing for the best part of the year. On vite, there are two staking options; stake Vite coin and earn VX coin and Stake VX coin to earn Bitcoin, Eth and USDT pegs. You can buy vite on Binance while VX can only be gotten in the DEX built in the vite app or through staking Vite. It is a low marketcap coin with 2 seconds block speed and would be pretty good for micro payments, amongst other things.

There's a certain peace of mind I get from stacking and staking for the long term. I've learnt that the most important thing in earning from staking is not needing the staked funds. Staking is the long game and it requires patience; patience that you can only get when you have a calm mind that is willing to wait out the bearish storms and just hold on stronger.

As @onealfa once said to me, only strong hands will benefit from the market boom and that's something that will stick with me for the longest time. Other than the odd sale to cater for my basic needs, I generally stake everything from HBD to Hive-engine tokens, and use them to earn/distribute more tokens through curation.

Another aspect of staking that distinguishes it from day trading is the focus on framework, rather than just the token value. For speculators and traders, the only thing that matters is the value of a coin but for stakers, a solid foundation and long term potential are the main focus.




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6 comments
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Hey I just staked some AVA on travala too, I would be interested to know how it goes for you once you get your first interest paid.
Never heard about Vite blockchain, will have a closer look, thank you for sharing.

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Yeah Vite seems solid. I have been staking for the best part of the year

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I haven't heard about travela before and 24% seems cool if you ask me .

I'll check out the site and read more as I also love to grow my stake for a long term, which is one of my new year goals.

Growing my stake is a top priority especially on leo where I have always staked all I have earned and I plan to even buy some too ,so as to put my money where my mouth is.

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