Ok so i am always looking for ways to earn on my idle bitcoin, i was lucky enough to pull out of celsius a month before disaster and they closed up shop. I know that i will never trust a cefi platform again for earning on my bitcoin. I could go the the other route which is defi. But with defi i am not interested in converting my bitcoin into something like wrapped bitcoin.
So if i am not interested in cefi or really much of the defi way what else is out there? I am not really an expert on crypto but i ve been around it since 2017 but like i said i am always looking for ways to earn with the bitcoin i have.
If there isnt really anything out that is relatively safe i am happy to continue hodling it on my ledger. But if any of you guys are aware of something new that i havnt heard of please feel free to let me know thanks.
There is no such option to earn from your idle bitcoin. At least nothing is risk-free. As long as you are not controlling your own bitcoin, you will not come across any opportunity that is risk-free. Even if you invest in the gambling business, that comes with a risk. Even if you trade in the market, that has a significant risk as well.
I can think of only one option - Buy small amounts of bitcoin at every dip and HODL for a long time. That is the best thing you can do with your bitcoins. Sell off when the time is right. But never entrust another business with your bitcoins.