So far, 2022 has been a turbulent time for the cryptocurrency landscape. Major cryptocurrencies, as well as the broader market as a whole, experienced significant dips and price fluctuations. With these changes in price, there is actually a significant opportunity for everyday people to earn more passive income by staking cryptocurrencies. This article will explain why that’s the case and will explore how ordinary people can go about getting involved.

Lowered asset prices mean fewer barriers for entry

One of the largest barriers for entry that consistently prevents ordinary people from staking major cryptocurrencies is that doing so can require a large upfront investment. To stake Ethereum, for instance, you would need to run a validator. Doing so requires that you hold 32 ETH that you can lock away as proof of your stake in the network.

This means that the price of staking cryptocurrencies like Ethereum and other popular coins is controlled by the price of the asset itself. When Ethereum’s price dips, it becomes much cheaper to operate a validator. This is also the case for many other cryptocurrencies, meaning that times in which prices across the cryptocurrency market are lower make for a greater potential return on investment for everyday users.

For example, if the Ether price is $4,000. The required amount to run an Ethereum validator would be $128,000. If the Ether price dropped to $3,000. The required amount to run a validator will be $96,000, a whopping 33% decrease. The APR might be more or less the same, but the entry barrier is lowered.

The price of Ether fluctuates all the time. Even if it’s fiat value that has dipped, the price might still recover soon. If you can seize this opportunity by being quick to start staking, you can benefit from a future price increase in order to earn more money.

If 32 Ether is still too large of an investment to make, , you can check out AVADO’s rocket pool staking solution, that you only need 16 Ether to run a validator via Rocket Pool.

It is important to look beyond the price of digital assets as a negative sign in all cases. Rather, these types of recent price fluctuations can present a rare opportunity for people to bypass one of the most significant barriers for entry when it comes to staking cryptocurrencies.

2022 is an opportunity for a higher return on investment

As we have seen in the past when the cryptocurrency market has recovered from dips, downturns can be accompanied by price spikes. Since investors know that cryptocurrencies have a much higher ceiling than they are at right now and have seen them reach much pricier all-time highs, many believe that digital assets are due for their next price climb.

For instance, Bitcoin’s previous all-time high was around $68,990 according to CoinDesk. Per the same source, Ethereum previously reached as high as $4,865 USD per coin. Since, both of these leading assets have been down significantly from these values, they have room to match or exceed their past highs. At the point of writing this article, Bitcoin is down almost 40% from this all-time high while Ethereum is similarly down around 41%.

In addition to the market proving time and time again that these values tend to ebb and flow, looking purely at the state of the technology behind leading digital assets also presents room for optimism. This is especially believed to be the case as cryptocurrencies like Ethereum develop and move from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) model with the ongoing transition towards Ethereum 2.0. These types of industry-wide evolutions aim to address some of the largest issues in the cryptocurrency industry by making cryptocurrencies faster, more energy conscious, and more consistently price efficient for frequent transactions.

With the transition from PoW to PoS, it also provides Ethereum stakers a rare opportunity to earn higher APY as some of the rewards that go to the miners will now go to the validators.

Though it can seem like the cryptocurrency industry has existed for a long time now, it is actually still in its infancy compared to many other emerging industries. While no one can reasonably give you unsolicited financial advice in this area, it is worth noting that people who stake cryptocurrencies are still very much early adopters to these platforms. Should these cryptocurrencies succeed further, those who get involved now are much more likely to reap the benefits.

How AVADO is helping users capitalize on this rare opportunity

While there have been some opportunities in the past for people to earn a significant return on their investment in the cryptocurrency space, everyday users have often been excluded from these opportunities due to the barriers for entry that have long dominated the industry. This has been a consequence of the fact that the cryptocurrency industry has typically favored those who are extremely tech literate and/or are wealthy investors to begin with.

Fortunately, AVADO is now making it possible for everyone to bypass these barriers and access this incredible opportunity as the cryptocurrency landscape continues to develop and mature. For those who are now early to get in at the right time, it is easier than ever to stake cryptocurrencies thanks to both the lowered financial barriers for entry and AVADO’s user-friendly product range.

All of AVADO’s plug-and-play blockchain devices are designed to be used by people with any level of familiarity or experience with blockchain technology. Whether you are a seasoned trader or a complete newcomer with no technical knowledge, you can easily get started immediately in order to seize this rare opportunity in the crypto landscape. Check out AVADO’s website today to find out more and get involved.