3 Top Staking Coins To Pick Up If Another Dump Strikes

Prepare For The Best & The Worst

In the event that markets drop further, it may be wise to go shopping for some quality staking projects. Ideally you want to find projects that offer 6% APR and higher. A coin that offers a 1% or 2% APR is not going to do much in the compounding effect. On the other hand, a project that is down 50% to 70% will see great rewards once it returns to previous levels and it has been compounding staking rewards along the way. At what level you decide to buy is entirely up to you but I would distribute my allocation as follows.

• I would place orders at the approximate level I am expecting another dump to drag prices to.

• I would place another batch a lot lower than I am expecting, as this is often the case.

• Finally, I would set aside a portion that I would invest once a reversal is in play.

When it comes to the actual coins, I would be on the lookout for mostly top tier projects along with one wild card. These are the 3 projects that I am eyeing in the event that we see massive discounts in the near future.   

Cosmos (ATOM)

This is a project that I believe is going to do really well in the long run, it just so happens to also be a really great staking coin. Interoperability has begun to get some attention recently with Polkadot and even though Cosmos has been around a lot longer, the project still has a lot to offer and introduce into the space. 

ATOM reached an all time high of almost $9 recently and is currently trading at approximately $4.75, a further drop south would put Cosmos in a great buy zone for the long-term staker looking to create passive income. ATOM can be staked on the Atomic Wallet for a sweet 10% APR.

Band Protocol

This project has been absolutely obliterated in the recent altcoin dump and a buy even at these levels would not be a bad thing even if prices continue to drop. BAND will most likely rebound very strongly once the tide truly turns. Band is a oracle based project similar to ChainLink and is probably one of LINK's biggest competitors. 

The really exciting aspect surrounding BAND is that the staking reward is one of the highest in the marketplace currently. If you are utilizing Atomic Wallet to stake BAND, you can enjoy a whopping 17% APR! When I say one of the highest, I am speaking of quality projects that have high trading volume, great communities and active use cases.

Atomic Wallet Coin (AWC)

Finally, but definitely not least, the project that makes all of these great returns possible! The Atomic Wallet coin, which can be staked for an APR of 17% to 23%, depending on the amount of coins you are staking.

This is one that I have been compounding and buying on the dips. Another project that seems to have been punished a little too unfairly by the market but these are often the gems that shine much later on.

It is also very likely that a dump does not take place. That is where each investor has to decide if these current prices are good entry points or not. Please remember that this is not investing advice and that caution and research should always accompany any investment decision.