Hi, I do have a question. If I wanna do staking, should I select the one which provided the most interest rate eventhough the coin are new/not popular ? What's your opinion on this ? Thank you
Great video Chun Weng! Dividends on top of capital gains in an investment sound truly spicy :). Correct me if I am misunderstanding anything, still new to all of this. I understand you have a fairly large stake in Ethereum in a previous video, though on the Luno Exchange. Are you planning to sell your Ethereum on Luno once Ethereum 2.0 is active? In order to leverage on the new POS consensus mechanism introduced in the new version?
Hey man, good observation, I actually kept my eth in Luno because if you were to stake your eth into the ETH2.0 pool, you won't be able to remove your ETH until ETH 2.0 is done (which might be done in 2022). I like taking profits at the top so I chose not to stake, plus the current staking rates aren't as high (averaging at 6% now I think).
Any chance we can have a video for the step-by-step process for purchasing & selling cryptos on various platforms in Malaysia, and the various fees associated with each platform with a personal opinion?
Most of the staking rewards generated out of thin air (inflation) and but some are from transaction fees. The later is better because people actually pay for that while the earlier one will dilute the holding value.
Thanks bro, if you look at 2017’s bull run, there were a total of 6 crashes, this is just the 2nd crash for 2021. There are also many other factors that don’t really make me worry because I guess it helps if you’re holding it long term and you’re not playing with leverage or house money haha
Chun Weng, what happens to Binance in Malaysia? Can you let me know other ways to earn side income? Looking forward to hearing from you soon. Kindly reply back to me as soon as possible. Thank you!
I just started learning about Axie, I heard that the scholarship stuff exists because if ever someone plays two accounts in one day they get banned. My question is what happens if one of your scholars takes another scholarship? It would be very easy for someone to take another account and play it without you knowing, would that malicious person get two manager's accounts banned by improperly taking advantage of scholarships? Seems like it could be used to grief the owners of accounts, what do you think?
Hey man, you're absolutely right, hence, it's of importance that we interview said person properly and also there's an incentive to not get banned as being banned would lead to slps being forfeited. Ultimately, it boils down to trust unfortunately, most scholars are ok though, a few bad apples here and there from my experience but it is what it is.
Great video for a beginner like me! Everything was explained in a form everyone can understand :) However, I have two questions which are : 1. In another way, is stacking like Fixed Deposit (FD), where you just put them there and just collect the fund once the term ends? 2. Also, do we need to go through the steps again once your locked in period ends, or it'll automatically renew? Thanks for your time! :)
1. You're spot on, there is also the flexible lock option which allows you to take em out anytime - so that's cool too, wont earn as much tho. 2. Think there's an auto-subscribe button that will allow you to restake automatically assuming that the option isn't sold out.
Hey there, staking rewards are on a pie basis, the larger the amount of people sharing the pie, the lower the rewards - it is likely that they they speculate that in 90 days, more people will be staking as opposed to the first 15 days. Hope that helped.
What if the coin I staked is dropping in value? Will the interest percentage return be based on the latest coin value, or the value when I first staked the coin?
@@chunweng yes it did thank you 😊 another question, after the staking duration, whr will out coins+interest be stored? Or we have to transferred it out manually?
Hey man so basically right Staking is placing your coins in a specific place to secure the network (Proof-of-stake). Usually earning transaction fees. Liquidity swap/ providing is exactly that, lending your money to a liquidity pool in return for a cut of the transaction fee profits. Staking is safer but liquidity swap earns you more but if you’re doing it on binance with stable coins (UST/BUSD/DAI), you should be quite safe. I know what I say doesn’t make a lot of sense, but it’s a cuba then tahu kinda process 😅 I hope this helps.
Thank you for this video , I have always like seeing good ideas on display. Buying Bitcoin is a nice idea but you must trade it to make profit , I started trading on Bitcoin 2 years ago using a professional trader who has been making good profit weekly , with my investment is safe and assured and withdraw is very fast .
l recommended a professional broker to you guys sometime ago, can I get those persons who invested with her?
comment below
let's gooo
Hey yes,
l did invest with her, i made huge profits
thanks for recommending her.
who made profits for you, I'm really looking for a pro who can manage my account and make me huge profits
wow I'm glad I did withdrew my first profit two days ago now I have another ongoing trade with her
who is this professional broker and how would I be able to get in contact with her?
she is Mrs Jessica one of the best and trustworthy broker I know!
tyvm for yr share bro. before im to stake shib, im seeing yr video n answer all my question abt stake at binance. really2 helpful. ty again ya bro 🤗
Terbaik Chun Weng..subbed..Thanks
Very good video and advice.
The introduction is my favourite part ngl 🤩
hahah glad you liked it
Thanks for this info
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Terima kasih sudi berkongsi..
No problem bro
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Hi Chun Weng, Im just curious if this method is still applicable. Perhaps if not what would be other options for staking in Malaysia?
Thanks bro, very informative video
Glad you liked it bro
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Thanks for the explanation
Thanks for always being first haha!
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Hi, I do have a question.
If I wanna do staking, should I select the one which provided the most interest rate eventhough the coin are new/not popular ?
What's your opinion on this ? Thank you
Thanks for explanation 👍👍
Thanks for watching :)
Thanks for watching
To assist you
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Great video Chun Weng! Dividends on top of capital gains in an investment sound truly spicy :).
Correct me if I am misunderstanding anything, still new to all of this.
I understand you have a fairly large stake in Ethereum in a previous video, though on the Luno Exchange. Are you planning to sell your Ethereum on Luno once Ethereum 2.0 is active? In order to leverage on the new POS consensus mechanism introduced in the new version?
Hey man, good observation, I actually kept my eth in Luno because if you were to stake your eth into the ETH2.0 pool, you won't be able to remove your ETH until ETH 2.0 is done (which might be done in 2022). I like taking profits at the top so I chose not to stake, plus the current staking rates aren't as high (averaging at 6% now I think).
Thanks for watching
To assist you
W,,,H,,, A,,,, T,,, S,,,,. A,,,,, P,, P,,,
+,,,,1,,,,8,,,,,5,,,,8,,,2,,,,,1,,,,,8,,,,0,,,,8,,,,0,,,1
Any chance we can have a video for the step-by-step process for purchasing & selling cryptos on various platforms in Malaysia, and the various fees associated with each platform with a personal opinion?
Most of the staking rewards generated out of thin air (inflation) and but some are from transaction fees. The later is better because people actually pay for that while the earlier one will dilute the holding value.
Thanks for that input Dandy!
Thanks for watching
To assist you
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How is staking in Kucoin compared to Binance?
Nice video as always dude ~ any comments on current dip ? I’m personally is fine lah , just want to hear out from your perspective 😃
Thanks bro, if you look at 2017’s bull run, there were a total of 6 crashes, this is just the 2nd crash for 2021. There are also many other factors that don’t really make me worry because I guess it helps if you’re holding it long term and you’re not playing with leverage or house money haha
Thanks for watching
To assist you
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Looks like you have an imposter account already brother 😏
@@VanDrew9 started from the bottom, now we here - Drake
is this still applicable right now ? I am living in malaysia and i heard news on binance being banned
Chun Weng, what happens to Binance in Malaysia? Can you let me know other ways to earn side income? Looking forward to hearing from you soon. Kindly reply back to me as soon as possible. Thank you!
BCTR - Ready to Explode
Thanks for watching
To assist you
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+,,,,1,,,,8,,,,,5,,,,8,,,2,,,,,1,,,,,8,,,,0,,,,8,,,,0,,,1
I just started learning about Axie, I heard that the scholarship stuff exists because if ever someone plays two accounts in one day they get banned. My question is what happens if one of your scholars takes another scholarship? It would be very easy for someone to take another account and play it without you knowing, would that malicious person get two manager's accounts banned by improperly taking advantage of scholarships? Seems like it could be used to grief the owners of accounts, what do you think?
Hey man, you're absolutely right, hence, it's of importance that we interview said person properly and also there's an incentive to not get banned as being banned would lead to slps being forfeited.
Ultimately, it boils down to trust unfortunately, most scholars are ok though, a few bad apples here and there from my experience but it is what it is.
@@chunweng Thanks okay, just wanted to make sure I was thinking of it right. Love your videos, you've got a sub for life!
@@BladeBoques thank you so much man, appreciate it!
Great video for a beginner like me! Everything was explained in a form everyone can understand :)
However, I have two questions which are :
1. In another way, is stacking like Fixed Deposit (FD), where you just put them there and just collect the fund once the term ends?
2. Also, do we need to go through the steps again once your locked in period ends, or it'll automatically renew?
Thanks for your time! :)
1. You're spot on, there is also the flexible lock option which allows you to take em out anytime - so that's cool too, wont earn as much tho.
2. Think there's an auto-subscribe button that will allow you to restake automatically assuming that the option isn't sold out.
@@chunweng Ahh got it! Thanks for the reply :)) Really appreciate it!
Thanks for watching
To assist you
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I'm kind of confused here. Why are those 15 days locked staking interest rates are way higher than 30 days and even 90 days??
Hey there, staking rewards are on a pie basis, the larger the amount of people sharing the pie, the lower the rewards - it is likely that they they speculate that in 90 days, more people will be staking as opposed to the first 15 days. Hope that helped.
Thanks for watching
To assist you
W,,,H,,, A,,,, T,,, S,,,,. A,,,,, P,, P,,,
+,,,,1,,,,8,,,,,5,,,,8,,,2,,,,,1,,,,,8,,,,0,,,,8,,,,0,,,1
is there a video about how you withdraw funds from nba topshot?
Don't have a video on that yet but essentially you've just gotta withdraw your dapper balance to your Binance account :)
What if the coin I staked is dropping in value? Will the interest percentage return be based on the latest coin value, or the value when I first staked the coin?
When you stake, you earn in coins - so for example if i stake 1 btc and the apy is 1%, i make 0.01 btc per year, I hope that answers your question :)
@@chunweng yes it did thank you 😊 another question, after the staking duration, whr will out coins+interest be stored? Or we have to transferred it out manually?
@@ichimori88 Welcome! It’ll be automatically stored in your Spot Wallet, so no worries. Reach out anytime if you’re ever confused.
@@chunweng thanks again, subbed for being helpful 😁
@@ichimori88 thank you!
Bro, WTA between stacking & liquidswap which do you think is better
Hey man so basically right
Staking is placing your coins in a specific place to secure the network (Proof-of-stake). Usually earning transaction fees.
Liquidity swap/ providing is exactly that, lending your money to a liquidity pool in return for a cut of the transaction fee profits.
Staking is safer but liquidity swap earns you more but if you’re doing it on binance with stable coins (UST/BUSD/DAI), you should be quite safe. I know what I say doesn’t make a lot of sense, but it’s a cuba then tahu kinda process 😅
I hope this helps.
Thanks for watching
To assist you
W,,,H,,, A,,,, T,,, S,,,,. A,,,,, P,, P,,,
+,,,,1,,,,8,,,,,5,,,,8,,,2,,,,,1,,,,,8,,,,0,,,,8,,,,0,,,1
Hi, may i know it's still possible to use Malaysia's bank to deposit funds to binance? if yes, then how? Thanks a lot
Hey man, yeap it’s possible, you’ll have to use P2P though 👍🏻
@@chunweng Thank you!!
says the guys who ask not to keep the money in the exchange..
Hey man, context matters, if youre not staking your coins - it makes sense to keep it in a cold wallet, Luno for eg has no staking options.
Hei bro, lets say the apy is 12%. If I staking for 30 days, am i just gonna get 1%?
Yeah man, most likely
Thank you for this video , I have always like seeing good ideas on display.
Buying Bitcoin is a nice idea but you must trade it to make profit , I started trading on Bitcoin 2 years ago using a professional trader who has been making good profit weekly , with my investment is safe and assured and withdraw is very fast .
checkout CORGIB on pancakeSwap🚀