Post
Topic
Board Economics
Re: IS it possible to let your BTC work for you ?
by
dunfida
on 07/02/2022, 23:50:13 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.
I'm sorry I am a little bit confused about your post but if you are talking about staking your Bitcoin then I don't really think that it's a good idea those kind of investment are just scam.
And if you're looking for wallet there are so many wallets that you could use without KYC requirement.
And if it is earning through your BTC I think the best way is to keep it in your wallet make sure that it is secured because as time goes by the price of Bitcoin keeps on getting high.
The only passive income that I know when it comes to Bitcoin is through mining and it would be better if you would set it up for yourself.
They are suggesting staking because it is really included on the sense that you could gain passive income but speaking with risks then i dont see for it to be worth even if you do engage with reputable third parties.

Usually people would really consider out on being touched with loans and other similar passive type of business but on general aspect then it do still really connects out with some risk.

Neither passive type or active type way of investment which wont really be exempted in terms to this manner.