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
thanks!
You can earn up to 7% interest on Bitcoin, but it's risky, HODLing exposes investors to face the risk of hacks. Traders usually prefer a hot wallet to trade funds quickly, but this type of storage could be dangerous cause the public and private keys are kept on the internet. You need to know how to protect yourself from attacks.
if you are into Holding then you will never have any trouble using safer wallet like Trezor / Ledger in which i am using now.
I have been saving my coins for years now and never had any issue faced for the years passed.
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
thanks!
If it is calculated from when I started to invest in Bitcoin, now I have earned around 68% net profit from.
It's very risky if your private key is given to someone else, don't do that.
How long was that? you did not even doubled your coins?
from the time i entered crypto and start investing ?(some of course trading) i already earned more than x5 of my total funds (Aside those i withdrawn in times of emergencies)