like to know how to nominate a validator properly. Do I need to select 16 validators at a time?
No you can just nominate 1.
Why should i choose multiple validators? An example: if you choose only one validator, you can be out cause anybody can stake more Reef than you selecting the same validator. If you choose 4-6 validators you get more opportunities to stay in.
Yes i know that. I just said that you dont need to choose 16 validators. It depends on your own stake. If you have a very big amount of Reefs it makes maybe sense. Some people think they get higher rewards when they choose more validators.
That is understood. What are the risks of the appointment? Can you lose your coinreef by appointing validators?
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