Thread: Investments in Defi, Staking and Loans: What is the best for passive income?

We are going to discuss ideas, instead of trading, how about investing something of that capital in passive income such as defi, staking or loans?What would you recommend?Perhaps the easiest to start, with the best return on risk, etc.

If you expect rapid passive income and without risks, you better forget to defi.The yields come with important risks, and not everything is as "passive" as they paint it.Better investigate well before putting your money.

I confess that I feel a bit skeptical about investment.It turns out that the new Defi platforms have contributed to 21% of the total volume of crimes related to cryptocurrencies in 2020, which is equivalent to about $ 100 million in stolen or washed assets.That percentage is high enough to make me doubt.

It is true that Defi has been the objective of hackers, but today the most consolidated platforms have much more robust audits and security measures.Of course, it is essential to diversify and not put all the eggs in a single basket.

I am considering buying 1 xtz with the aim of staking through Coinbase.I do not see information about expected returns, however.

It is easy: Tix yields in Coinbase usually around 4-6% per year.It is not spectacular, but it is better than having unemployed funds, and it is also relatively safe within what fits in crypto.

I bought 10 XTZ at $ 2.01 via Coinbase Pro. There was a rate of $ 0.11.If you use Coinbase no Pro, the rate is approximately $ 1.51.After transferring Tazos to Coinbase, I see that they are estimating a APY of 4.64%.4.64% seems quite good to me.I will tell you in a year how it has gone.

4.64% are fine to be a staking in a centralized exchange, but there are decentralized options that can offer more, although with greater risk.Platforms such as Kraken also allow staking with lower commissions.

My Tazos is already at $ 31.64.I have won 0.043 XTZ in Staking So far.

That is quite good for what you have invested.The important thing here is that you follow the long -term process.Staking is slow, but as prices go up, returns will also do so.