Post
Topic
Board Economics
Re: Earning interest on your crypto
by
iamsheikhadil
on 14/02/2021, 16:17:06 UTC
True Bitcoin Hodler say not your keys, not your coin. is 5% per year worth all these risks?
bitcoin is good investment I can get an increase of 20% to 60% every 6 months why risk lending it to a third party and get 10% interest?
if will give my coins to any third part will give it to one that operate for 10 years.


You are partially wrong here, the interest is paid in crypto, and hence even if value of Bitcoin increase, the interest will be paid in form of bitcoin as far as I know hence any interest is all added to the net profit adding to the price surge of Bitcoin. But, as you said, it's not worth the risk and I feel like 6-7% is not that good either because if one trades, they can make more money than that in a year.