Historically, many folks have gotten overly greedy with their bitcoin and they put their bitcoin with third-parties in order to receive interest or yield and then they end up getting fucked.. so frequently it is not worth the risk to be using those kinds of interest bearing products in relation to your bitcoin, unless you can have some confidence that they are not gambling with your BTC too much.. which is truly difficult to assess because sometimes they are lying to you about what they are doing with your BTC in order to earn the yield.
I agree with you. Thanks for the clarification of that word interest, which should be used on third party little additional money to your investment. I don't think why a long term bitcoin investor should have such mindset of keeping his bitcoin investment portfolio with a third party, when bitcoin has given us the opportunity to be our own bank, buy using a self custody wallet to keep our bitcoin for our own safety. The risk of keeping your bitcoin with a third party is higher than the little interest that will be added at the end of whatever period of time was the agreement. This is why a good storage wallet is the best to store our investment over a long period of time so that the compounding value is certain, and there will be no bad news that our investment has been gambled off by the third party. I see anyone that thinks keeping his investment with third party as someone greedy and he does not know that his greed can cost him losing his entire bitcoin kept with third party, which will be the most regretful mistake that person will live with for the rest of his life.
Anyone can still start investing this year or even next year and not be too late, all we are saying is that investing now is the best 👌, the earlier the better.
It is better for an investor who don't have any bitcoin but have the money to invest should get started immediately, after he has put all the necessary funds needed for him to survive his bitcoin long term journey in place. This is because if he waits longer from now up till next year, his money might have depreciated in value, and currently we have start seeing bitcoin portfolio price shooting up again, so it is dangerous because the price might keep going up and not coming down since we are expecting the halving and the bull run. I wouldn't advise a no coiner to wait till next year and buy during the bull run, because the price then might be discouraging and you will only acquire little fraction of bitcoin even though you are going on a long term ride. Who knows what bitcoin price will reach next year.