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[Pousinha]

After doing some researches about Algorand, Alpaca and Luna (Terra) I found some articles telling they are good altcoins. Do you think these 3 are really good? At least, to hold them for a medium or long time and to earn interests by staking when it's possible. In my case it wouldn't be a true investment: as I'm a 100% online worker and most of my paid to platforms pay me cryptocurrencies, the idea is to convert some payments to Algorand, Alpaca and Luna (Terra), to hold or to stake them and so earn interests. In any way, I'm not 100% sure if it's a good earning strategy, especially knowing these cryptocurrencies are not the traditional ones. What do you think about?

 

[GoldenLady]

After doing some researches about Algorand, Alpaca and Luna (Terra) I found some articles telling they are good altcoins. Do you think these 3 are really good? At least, to hold them for a medium or long time and to earn interests by staking when it's possible. In my case it wouldn't be a true investment: as I'm a 100% online worker and most of my paid to platforms pay me cryptocurrencies, the idea is to convert some payments to Algorand, Alpaca and Luna (Terra), to hold or to stake them and so earn interests. In any way, I'm not 100% sure if it's a good earning strategy, especially knowing these cryptocurrencies are not the traditional ones. What do you think about?

First I would advise looking at their marketcaps. The lower it is, the higher the upside potential. Staking is one of the best things to do with these coins. You get free airdrops of projects associated with the coins.

I know stakers of Luna have gotten up to 4 since last year.

 

[Mariappa45]

I've been seeing different types of coins, new and old placed on staking at Binance exchange. Algorand isn't an exclusion too, I see it placed by Binance exchange for customers to stake. Most of the small coins having low popularity always carry high APR interest.

 

[GoldenLady]

I've been seeing different types of coins, new and old placed on staking at Binance exchange. Algorand isn't an exclusion too, I see it placed by Binance exchange for customers to stake. Most of the small coins having low popularity always carry high APR interest.

The high APR hopefully motivates people to stake more of their coins. Most coins that have their wallets have staking features on them instead of the coins being on exchanges.

 

[Niftyicon]

Having done your research and decided on those coins, I think staking them is good until the coins reach your expected price for taking profits.

 

[Mariappa45]

The high APR hopefully motivates people to stake more of their coins. Most coins that have their wallets have staking features on them instead of the coins being on exchanges.

Yes, high APR interest motivates alot because you'll have better Roi when your stake matures. Most of the coins have their own wallets which makes their own coin trading volume on a constant high level.

 

[gammarays]

Many events have occurred since this post was created. The old Luna crashed and we have Lunc and Luna now. The market has crashed leaving those tokens more than 70% below All time high. Staking Apr will be very low now because it has been saturated. It'll be difficult to see 40% Apr or above on those tokens or other popular tokens. Most airdrops to stakers are no longer coming. Try staking Evmos, Cosmos or Juno. You'll get some airdrops.