I've been looking at ways to invest my Bitcoin, and I've come across several lending sites that look legitimate and promise to bring me a fair, legitimate return. (Loanbase and btcjam)
Has anyone tried these sites? Is their expected earning percentage accurate?
Is there another investment strategy I should be looking at? I know there are a lot of people who emphasize the buy and hold mentality, and I'm open to any suggestions.
Well, yeah. I have had considerable success with those sites, but on the other hand, I've heard countless complaints of people getting scammed.
The problem with those sites is that the accounts there, whether ID verified or not, can be sold and bought. Which means that there is an increased risk of you getting scammed. I guess an alternative investment would be holding BTC.