Post
Topic
Board Bitcoin Discussion
Re: Interest on Bitcoin
by
TheGreatPython
on 23/10/2021, 20:04:50 UTC
Wondering how many of you earn interest on your Bitcoin?

Do you feel this is risky, whoever owns the private key owns the BTC ?

Also any resources for a high interest rate I think around 6% is the highest, these are some I have seen Liquity, Blockbank, Voyager, Nexo
Most of the platforms that I’ve seen that would give you interest on your Bitcoin are given around 4.5%, but I think I once saw six percent (6%) on Luno, so that’s the highest I’ve seen so far, I think. But I’m not really the type that is taking my coin for interest on any platform, although it might seem like an interesting thing to do.

I usually feel that the normal fluctuation in the price is enough for me to get me an interest no matter how much I’m going to need. So, what I simply do is to invest and store it in my wallet and whenever the price goes up I’m OK with it. It will then be up to me on whether I would like to sell the coin or keep holding.