If you believe long term in the IC then staking for 8 years is a phenomenal opportunity. I personally have a lot of my crypto investment in an 8-year neuron. Current rewards are ~22% per year.
Plus, I think the price of ICP will increase drastically in the long term.
Kyle - thanks for your input. I've come across some of your articles before on misc boards. I'm staked 8 yrs non dissolving, not pushing start until at least 4 years from now. I've been accumulating in the 20's recently and bought a large batch July 20. I've been merging daily since the first day the merge button was available. I noticed immediately that the past few days were the lowest merge rewards since starting. You gave a great explanation. I made a spreadsheet that shows approx how much I would make in 12 years based on the percentage decrease each year and for 5 months the margin of error is less than 2%. The new rewards threw a wrench and has hurt my long term goal... my question to you is I see you think that ICP will increase drastically. What kind of numbers are you seeing? Beating out ATH in 10 years?
Do you think is a good idea staking for 8 years? What are the rewards?
If you believe long term in the IC then staking for 8 years is a phenomenal opportunity. I personally have a lot of my crypto investment in an 8-year neuron. Current rewards are ~22% per year.
Plus, I think the price of ICP will increase drastically in the long term.
Kyle - thanks for your input. I've come across some of your articles before on misc boards. I'm staked 8 yrs non dissolving, not pushing start until at least 4 years from now. I've been accumulating in the 20's recently and bought a large batch July 20. I've been merging daily since the first day the merge button was available. I noticed immediately that the past few days were the lowest merge rewards since starting. You gave a great explanation. I made a spreadsheet that shows approx how much I would make in 12 years based on the percentage decrease each year and for 5 months the margin of error is less than 2%. The new rewards threw a wrench and has hurt my long term goal... my question to you is I see you think that ICP will increase drastically. What kind of numbers are you seeing? Beating out ATH in 10 years?
A medium term target (3-5 years) could be the market value of AWS (~$500b). That would be ~$1000 ICP
How i can stake my icp? How i can earn more ? With staking i earn nns, after i can convert into icp?
Check out https://icp.guide/. There's a ton of good info under the category of Staking.
I stake for 8 years, and i start to desolbe sfter 4 years