Moved from coinbase to binance and saw staking, I see how some coins offer a certain %. I'm assuming staking is like receiving dividends? If so...
Is it smart to go all out into one coin to receive Staking rewards? If not, lets say a certain % of total crypto assets...is it better to go into a more stable coin, maybe ETH for example, lower rewards but moves more like BTC. Compared to other projects?
If I'm understanding this correctly lets say a new project offers higher rewards but maybe the project flops, if I'm staking the coin I own the coin and receive some reward for supporting it but risk losing money if the coin does bad and the reward amount doesn't succeed the loss?
Saw a comment someone's staking rewards pay more than his job. What projects do you all stake? Any success stories?