Post
Topic
Board Economics
Re: IS it possible to let your BTC work for you ?
by
qwertyup23
on 23/01/2022, 23:44:14 UTC
Hey, I am wondering is it truly possible that my BTC works for me , without revealing my private keys and also without KYC ?
I have read and heard about similar things but they seem more like a Ponzi scheme.
Does anybody have any experience with a non-custodia platform/wallet /swap which does not require KYC but supports BTC ?

A privacy concerned BTC fan.

Like what most have mentioned, the only thing that I see this from working is if you hire someone who does the trading/investing for you, which I think is risky enough for someone to get scammed. In addition, avoid ponzi-schemes since those kind of business models cannot work in longterm due to their nature of offering significant amount of returns in a short amount of time.

I personally advise you to check your BTCs regularly and the market price. If you plan on HODLing for long-term gains, then the best way is to HODL and currently check the market value depending on your goal. Assuming that you aim for short-term profit, then withdraw them as soon as its price reach above the initial investment you put on.