Nicola
Sun May 19 2024
|
7 answers
1602
Can I lose money staking crypto?
I've been hearing a lot about staking crypto as a way to earn passive income, but I'm also concerned about the risks involved. Could you please explain to me if there's a possibility of losing money when staking crypto? I'm particularly interested in understanding the factors that could contribute to such losses and how I can mitigate them. Additionally, would you recommend staking crypto for beginners like me, or should I stick to more traditional investment options? I'd really appreciate your insights on this matter.
