Ask Leo: Is Staking A Way To Get More

This is from hive-engine

A few days ago I was in a discussion with my friend who is a crypto trader. He was telling me about how the blockchain works and his interest to focus more on the hive blockchain. This discussion was so interesting because most of the things he said were so new to me though I have been in this system for a while now some of the things he told me that I have started implementing are what am going to share with you.

Hive blockchain has a lot of prospects that if you can focus your attention here you will go far in the crypto space. There are a lot of tokens that one can buy and hold which will do well in a short while. I don't know about another person, but those words made a lot of sense to me. I remember within those times I heard about a project that is upcoming from a friend too.

So many little coins are going to go on extension, so there is a need to trade with caution.

He encouraged those coming to the system to buy some tokens with at least their first payout. Had it been I known about this too I would have done the same. So for those just joining the platform, you can do well to do so.

Last weekend I took out time to check on my #hive-engine wallet, also I was able to buy some #hiqs and staked it. I noticed that this token was being exchanged for 1 hive to 4 hiqs but when I was ready it was 1 hive to 2.74 hiqs and the price keeps changing.

Staking or powerup is a sure way of investing in your future and it makes that when someone that has those tokens you staked vote on your post then you get a reward not only of the hive but the same staked tokens.

Staking is a way of increasing one's influence on the platform

Hope this help someone to make good decision this new week.

Thanks for reading through my blog.