Are 'staking altcoins' a safe play right now?

FWIW, this is not financial advice - it is a dubious idea at best.

I'm looking to 'chew back' some lost profit by very small simple trading on the larger altcoins that pose a second opportunity for traders than just price alone.

I have drawn out some simple upward trendlines and an area of resistance that will be difficult to cross.
Algorand bounced off an upward trendline and I bought in at that price. I sold Algorand profit at the top trendline.
I am using the crossing below the 21-period EMA as the point that I am selling off the remainder. That is currently 1.02.

Again FWIW and not at all a recommendation.

Don't let this market or the doom-and-gloom get you down. Yes it may very well come crashing down. But that doesn't prevent us from making money in the meantime. We're in it to win it!