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.
I can not guarantee you any site or activities that are risk-free to earn more bitcoin. Trading of bitcoin in centralized and decentralized finance is risky. Loaning off your bitcoin to get more bitcoin based on percentage return is risky. Nobody should trick you into staking as that is the worst of it all as it is very risky. There is no way you can escape the risk involved in wanting to accumulate more bitcoin for yourself. Although holding it in a cold is ok but that does not guarantee your coin's safety the risk is only minimized to a little extent. No DEFI and CEFI has proved to be risk-free as virtually all the most reputable one have had a case or issue of hack in one way or the other hence the phrase "not your keys, not your coins"