outro_macros

3 ms·

1. 1.▲
   by outro_macros 5y ago

   ROI is just under 5% right now Minimum entry into decred staking is 37,000 USD unless you look into ticket splitting I have over a few thousand decred which I'm already planning to never sell so staking is a no-brainer. My cost-basis i
2. 2.▲
   by outro_macros 5y ago

   Yeah.. After the 2017 ICO bubble popped I had to take out 6 months salary in credit just to pay the IRS. (The alternative was liquidating every crypto I held at a massive loss) It felt like I wasted everything butttt never again! I've
3. 3.▲
   by outro_macros 5y ago

   "passive" in that I open up my wallet 1-2 times per week and initiate the staking process with my available funds. Takes like 15 minutes / week and I'm usually making coffee while it's happening, but really I should
4. 4.▲
   by outro_macros 5y ago

   I just stake decred. Years ago I was much more ambitious and after losing money in multiple exchange hacks, and then losing nearly everything again in the ethereum DAO exploit, I will never again leave coins around outside of my own custody
5. 5.▲
   by outro_macros 5y ago

   Yes PoS is _part_ of the consensus algo for this coin (Decred) - only 30% of the block reward goes to PoS while PoW miners (60%) and the the treasury (10%) receive the rest of the reward
6. 6.▲
   by outro_macros 5y ago

   Staking cryptocurrency in a very conservative way has produced the following incomes: $4600 - 2017 $23,000 - 2018 $3700 - 2019 $2500 - 2020 2021 is shaping up to look like 2018 again but I haven't run the numbers