Yes, staking is relatively safe, especially in comparison to other types of crypto activities. But it does come with its own share of considerations, so in order to make it as safe as possible, take into account the following considerations:
- Stake only on reputable and secure blockchain networks
- If you are staking through validators, choose those with a good track record
- Select platforms and wallets that come with robust security features and strong encryption
- Accept that the cryptocurrency market is inherently volatile and there are no guarantees