Can 16%EAY staking at CEX.IO provide a balance against uncertainty in the market?

By Cotswolds-Brad | Cotswolds | 23 Sep 2021


Over the past week I’ve seen a lot of peaks and troughs on an hourly basis, this would be a welcome sight for hillwalking and those that have a crystal ball or an HG Wells time machine, but for me it’s a time of uncertainty when to hold, when to buy and when to sell, for sure when I’m offline, prices seem to spike and I miss many an opportunity.

16% EAY for ZIL on CEX.IO

If I truly believe what I’ve heard, I’m hopeful that there is a Mount Everest peak just around the corner, so I need to hold for a while longer, but holding is boring, so what I like is the ability to use automatic staking on CEX.IO, with a split between 16%EAY for ZIL and 10%EAY for MATIC at least I know while I’m waiting and even if the prices drop, I’m still gaining some interest, and I can literally sit for a few minutes watching my interest clock up, and balance out my uncertainty, 16% is a pretty good and balanced rate of interest for me, better than it sitting in the bank, more certain than a lotto ticket, gives me a warm fuzzy feeling especially now that “Winter is coming”.

Staking with pending trades

Best of all, even when I have pending trades on order, until the order completes, the staking automatically continues, so I can happily set a high and long sell price with the knowledge that I’m still gaining interest while I wait for that golden spike in price to hit.

This is my affiliate/referral link if you’d like to make use of it.

https://cex.io/r/115/up141942734/115

Keep your trading fun and please do your own research, this is in no way financial advice, just passing on something I’ve found useful while I wait for prices to rocket, I hope… 

Alternatively I find photography is a good way to relax, especially when in the Isle of Skye, or picking 

 

Isle of Skye

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Cotswolds-Brad
Cotswolds-Brad

Living the dream in the beautiful Cotswolds in the UK 🇬🇧.


Cotswolds
Cotswolds

Embarking on the crypto journey from the idyllic Cotswolds

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