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Showing posts from March, 2022

What is your prediction for ADA Cardano cryptocurrency for 2025?

 Cardano is one of my favorite crypto coins. I really love it! Let me share my price prediction for Cardano coin for the end of this answer. In between would like to explain you why Cardano is a very solid investment. cardano is a very strong and technologically superior coin, which will enable the holders to profit from the dips and rises in the economy over the coming months and years. For global financial markets - Cardano is a cryptocurrency aimed at the global financial market. It operates using blockchain technology, allowing for secure and mutually beneficial transactions without the need for an intermediaries like PayPal or Visa. The network of Cardano acceptance is growing everyday, with more and more stores accepting it as a form of payment. In addition to the global card network, Cardano provides a platform for developers to build smart contracts with its advanced technology. Decentralized Cryptocurrency - As interest rates continue to decl...

Is crypto staking profitable? What is the downside of staking?

Is crypto staking profitable? What is the downside of staking?  Let's find out It will mainly depend on the Crypto you are staking and the way it is done. Some Cryptos have a nice rate of return when staking (with Neo you can get 8–14% staking reward in GAS depending on how you do it. Cardano is also a coin which holder love to stake. If you respect the locking period usually there is not a big risk, just the volatily risk of the asset. There might be some other non native staking protocoles that might involve lending your Cryptos, this can be a bit more risky. An other risk of staking is when you stake in a node trying to cheat or do illegals operations then you may be santioned as a part of the node and then lose amount or all of your Staked Crypto. Last but not the least, if you Stake in a Liquidity pool your assets can be subject to impermanent loss, and when you unstake you might not have earned as much as you would have by ...