What are the risks of ETH staking?
Could you please elaborate on the risks associated with ETH staking? I'm particularly interested in understanding the potential downsides that an investor might encounter. Is it possible to lose significant sums of money through staking? Could there be technical issues or vulnerabilities in the system that might compromise my investment? Additionally, are there any specific risks unique to ETH staking that I should be aware of? I'd appreciate a comprehensive overview of these potential risks so that I can make an informed decision about whether staking is suitable for my investment portfolio.
Is ETH staking profitable?
I've been hearing a lot about ETH staking lately, and I'm curious about its profitability. Could you please explain to me how staking ETH works? Is it really worth investing in, considering the volatility of the crypto market? What are the potential risks involved, and how can I mitigate them? Also, could you give me an estimate of how much return I could potentially earn through staking ETH? I'm interested in both the short-term and long-term profitability of this investment. Thank you for your time and expertise in this matter.