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RE: Staking with CloakCoin

in #bitcoin7 years ago

I feel like I should have more staking coins. I only have NEO giving rewards right now. I got months ago OMG because of potential staking, but it looks like I don't have nearly enough to do it anyway. STRAT does staking, but not with the amount I have..again.

I've been tempted to check out these smaller cap masternode/staking coins, like CLOAK. But even then you still need a sizeable amount in it in order to make a decent return.. and with the markets being so slow and volatile the returns are all over the place and hard to gauge. It's best if you get in super early so the rewards are way higher than what you put in, but how often does that happen without it being a complete gamble?

I must admit, a digital money printing machine sounds amazing though. It's why I like my NEO, but even though it is 50% of my portfolio...even that is not really amazing in terms of rewards yet, and even if it goes 10x it wouldn't really be that amazing for me.

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If you're only going to do one I'd pick NEO!

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