If you are new to ADA/Cardano, or crypto in general, you may not know that you can be earning interest on your ADA every 5 days!!
It's extremely easy. All you need is a wallet that supports staking. I use Yoroi, which is a smartphone app. After downloading the app, create a wallet and transfer some ADA into it. After that, click on dashboard and choose a pool to start staking, which works by delegating your ADA to that pool.
Don't worry, during staking, the ADA never leaves your wallet and you still have complete control over it. You pay a small fee to delegate at the start, and then from there on, it's all profit.
The interest you receive depends on the pool you select. Choose pools that yield largest interest.
The first staking interest payment will be made around 25 days after you click start. Be patient! As with all things, the more ADA you delegate, the more ADA you will receive as interest. And it's compound interest! Yay!
Let me know if you have questions. Cheers.
