>Accumulate ETH and LINK
>Stake on normiebase when staking services are live
>Get coinbase debit card
>Live indefinitely off staking gains
Anything wrong with this plan?
Accumulate ETH and LINK
Mason Flores
Other urls found in this thread:
custody.coinbase.com
medium.com
twitter.com
James Ross
Don't keep everything in one place. Other than that it would be cool.
Lincoln Howard
Not your keys, not your crypto
Brayden Gonzalez
new plan
>Manage nodes myself or through various services
>Load up crypto debit service with bot running periodically
>Live indefinitely off staking gains
Tyler Cruz
A good idea if you bought 1,000+ ETH under $10, or 100,000 Link under 25 cents. Anything above that, or less than that amount, you won't be able to live on it.
Buy PNK if you want similar gains / plan and hold to a 200M market-cap.
Jackson Wright
...
James Gray
Run your own staking nodes. Hold almost all of your savings in DAI deposited to Compound (currently earning 16.31% interest, faggot).
Get a DAI debit card or periodically send some of it to your bank account.
Literally live like a king.
Jose Flores
I have 800 ETH, 65K LINK
Jonathan Carter
then you can't do what you said because coinbase wont let you
Ian Cox
>anything above that
Adam Phillips
explain yourself
Dominic Carter
need 100k link
Bentley Scott
Where can I find this info?
Gabriel Bennett
Nowhere. People here are talking out of their asses. There is no info available concerning staking rewards.
Jose Watson
Not true at all
Isaiah Gonzalez
Except for if shit hits the fan and the crypto you're invested in crashes for whatever reason
Jackson Price
That's the risk, though that's the risk I'm currently shouldering right now carrying these bags. I'd like to think that risk would lessen over time.
Luis Cruz
>>Live indefinitely off staking gains
>Anything wrong with this plan?
>indefinitely
This part.
Cooper Gonzalez
You need $1,000,000 worth of token to stake on coinbase. No particular number of token.
Hunter Edwards
so 1k LINK should be sufficient then
Tyler Johnson
Stop buying 2017 or pre shitcoins. Stop making whales rich by buying their bags. Buy UND. Wait for Binance.
Xavier Reed
So what gains are we even going to see from staking?
Like if LINK SOMEHOW does $1000 my 3.8k linklet stack would be 3.8 million dollars. How much money would I get from staking?
Justin Mitchell
That depends on how much demand there is for data from various smartcontracts etc. It's complicated, but in a growth phase where smartcontracts are getting adopted, I'd say the yearly ROI could be like 30% even. That will get more lower and stable as others see such a huge ROI and start running nodes as well. At $1000 I'd say it will be like 12% max, but then again the derivatives market is like 1.4 quadrillion so there is still a lot of room to grow which means the ROI might be higher as well.
It's really fucking complicated, but Serg said we're gonna make it next month so don't worry about it.
Lincoln Smith
XSN, bro. It's like 10 cents a coin right now, a masternode will cost you around 1.5k. in terms of staking potential I'm convinced it'll be the new DASH.
Read this then TRY not to invest, you're incapable, you need this, msternodes are addictive, watching those free coins roll in is so satisfying.