2021 BETTER INVESTING | MARVIN GERMO

HOLD YOUR INVESTMENTS
BETTER INVESTING FOR 2021. Like a lot of things in crypto, staking can be a complicated idea or a simple one depending on how many levels of understanding you want to unlock. For a lot of traders and investors, knowing that staking is a way of earning rewards for holding certain cryptocurrencies is the key takeaway. But even if you’re just looking to earn some staking rewards, it’s useful to understand at least a little bit about how and why it works the way it does.

How does staking work?
If a cryptocurrency you own allows staking — current options include Tezos, Cosmos, and now Ethereum (via the new ETH2 upgrade) — you can “stake” some of your holdings and earn a percentage-rate reward over time. This usually happens via a “staking pool” which you can think of as being similar to an interest-bearing savings account.

The reason your crypto earns rewards while staked is because the blockchain puts it to work. Cryptocurrencies that allow staking use a “consensus mechanism” called Proof of Stake, which is the way they ensure that all transactions are verified and secured without a bank or payment processor in the middle. Your crypto, if you choose to stake it, becomes part of that process.

Why do only some cryptocurrencies have staking?
This is where it starts to get more technical. Bitcoin, for instance, doesn’t allow staking. To understand why, you need a little bit of background.

Cryptocurrencies are typically decentralized, meaning there is no central authority running the show. So how do all the computers in a decentralized network arrive at the correct answer without having it fed to them by a central authority like a bank or a credit-card company? They use a “consensus mechanism.”

Many cryptocurrencies — including Bitcoin and Ethereum 1.0 — use a consensus mechanism called Proof of Work. Via Proof of Work, the network throws a huge amount of processing power at solving problems like validating transactions.

Subscribe to my second channel – https://www.youtube.com/channel/UC7Qsc1I7_LRAeCRuz4XrXMw

FUNDAMENTAL ANALYSIS COURSE – https://forms.gle/4aAkNBdSxbDNnWDU6
Stock Smarts Online Course: http://bit.ly/StockSmartsZoomClass2021
To invest in Bitcoin: https://www.binance.me/en/register?ref=28061122
Grab a copy of my books: https://invol.co/cl532me
https://www.binance.com/en/nft/goods/detail?nftInfoId=215284&isProduct=1
TO INVEST IN US STOCKS FOR 1 US DOLLAR (50 PESOS): https://heygotrade.com/

USE THE CODE TO ENTER: 157523

BITCOIN ESSENTIALS:

To invest in Bitcoin: https://www.binance.me/en/register?ref=28061122

Ellipal Hardware Wallet: http://bit.ly/EllipalWallet2021

Trezor Hardware Bitcoin Wallet – https://bit.ly/TrezorModelT2021
Ledger Hardware Bitcoin Wallet – https://bit.ly/LedgerOffcial

TRADING ESSENTIALS:

Here’s my charting software: http://bit.ly/MyChartingSofrware2021
To protect your online stock trades use: NORD VPN: https://t.productlink.io/e1419vg

INVEST IN FOREX

To invest in Forex click this link – http://bit.ly/TradeForex2021

SEND ME DMS:

Join my Youtube Community: https://www.youtube.com/channel/UCy8ARJvlGyYKc6-mIRvJajg/join

Support me via Patreon: https://www.patreon.com/marvingermo

Instagram: https://www.instagram.com/marvingermo/

For business inquiries contact my team: trainings@stocksmarts.com.ph

To mail us stuff:

Attn: Yvonne Goh Germo (Please email or call first so we know we are expecting)
28 A Roxas Chua Circle Pacific Village, Muntinlupa City, Metro Manila, Philippines

ONLINE COURSES:

REAL ESTATE MASTERCLASS: http://bit.ly/RealEstateMasterClassSurvey

MAKE MONEY GROW MONEY – https://makemoneygrow.ph/videos/introduction/

STOCK MARKET FOR EVERY JUAN (TAGALOG) https://chinktv.com/collections/financial-courses-1/products/stock-market-for-every-juan?afmc=er&utm_campaign=er&utm_source=leaddyno&utm_medium=affiliate


More about me:
https://linktr.ee/marvingermo

Dividend Investing: https://www.youtube.com/watch?v=9-DQSmFvMts&list=PLlr3m26N_qh7TGHHnlwsC0p44CRf5NrTT

Chinkee Tan SANA ALL MY INVESTMENTS –
To register: https://bit.ly/2W9dv7m
Discount code: ARNOLD

VERY IMPORTANT

Please do not buy a stock just because it is talked about in Youtube. This video is for informational purposes. This is to give you a reference point and data on how you are suppose to analyse stocks only. Never buy or sell just because of this video.

#StockSmarts #Cryptocurrencies #Staking

You May Also Like