So I recently received an email from freebitco.in faucet that are now offering an annual investment for their user.
It promises a 4.08% of annual interest with a minimum of 30k satoshi to be able to participate.
What do you guys think about this?
This is the actual email from them:
Dear FreeBitco.in user,
We are excited to announce a launch of a new feature - a bitcoin savings account!
You can now earn 4.08% annual interest (paid and compounded daily) on any balance that you hold in your FreeBitco.in account, without doing anything!
All you need to do is mantain a balance of at least 30,000 satoshi (0.0003 BTC) in your FreeBitco.in account and we shall pay you compounded interest on your full balance everyday. There is no lock-in period to earn interest (you start earning interest right from the first day!) and your balance can be withdrawn any time you wish. Treat your FreeBitco.in account like an instant-access savings account to hold your excess bitcoins and earn passive interest on your account balance everyday.
It is just next level for this service. @wetsuit - owner of freebitco.in - explain that they already opened own Bitcoin farm, and in that way they will cover costs of users annual earnings.
From long time he build reputation in Bitcoin community, so I don't see reason to not trust him, but of course everyone have take own decision about investment like this.
In my opinion 4.08 % for cryptocurrencies is not much, so i will not take this service as good investment or even saving method.
Edit: You can read more about that here:
https://bitcointalk.org/index.php?topic=320959.msg18109501#msg18109501