On the 27th of January 2021, I came across the 'staking' feature on CEX.IO and go interested to try it. So I did not waste, I ventured into it. I used my 25 USD I made from the affiliate marketing and bought 380 ZIL at a cost of 0.0642 per ZIL. I watched as it began rolling numbers and giving me minutes rewards in Zilliqa coins (ZIL). Then, on the 2nd of February, I had accumulated about 0.7 ZIL (see screenshot below) and was transferred to my balance to begin the other circle.
Then on the 23rd of February. I decided to diversify my portfolio and bought 64.71 TON (Free Ton) which costed only 32 USD ($0.49 PER TON) and let CEX.IO do her magic. On the 2nd of March, my rewards (5,39 ZIL and 0.266 TON) were credited to my balance (see screenshot above) and the circle began again. Today, I looked at my wallet (see screenshot below) and realized that my portfolio has grown from $57 to $109 in less than 2 months. That's a 91% increase and just imagine if I had invested $100k or more!
Now I have realized the power of staking. Your portfolio grows because in 2 ways:
- Increase in coin number - As you accumulate those little rewards, the raise your balance and you get to enjoy the power and benefit of compound interest.
- Price value of the coin - As you are hodling a coin, you tend to grow your portfolio by value when the price goes up. ZIL has grown from $0.0642 to $0.1755 and TON from $0.49 to $0.645 as of today from the day of my investment.
- When the price goes down, your worry less because the increase in coin number results in increased interest or rewards therefore you tend to be in a buffer system, and when the goes up again you will be in good profits.
So if you have not yet started, Join CEX.IO now and start enjoying the power of hodling coins and being paid for your own coins!
Join by clicking this link: https://cex.io/r/0/up121090937/0/
Thank you my readers and my followers!
