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.
That's why I don't like that yield farming or anything you call it which have long months or years lock-in since we don't know if they could able to last for long period of time.
Usually what we can see there is they turn scam and they take those balances and fucked up all their investors.
Much better if they just save their bitcoin on their personal wallet since they have total control of their funds and they can do whatever things they like especially selling it when they want pinch some profit.
I think people have to learn some lessons in terms of how they joke around with their bitcoins and even knowing how easy it is to lose it and how difficult it is to get it, i never fancied the idea of having to lock my bitcoin on any form of website that promises returns for me, even I they are exceptional with their work, although if someone must try such risky engagement with their bitcoin, as said over and over in this thread, use a small percentage of your holdings if you must, but at times it all boils down to our discipline cause I've seen many scam platforms pay initially then when people get to trust them and put more money in it they shut down, and even the best of us tends to fall for scheme like this, so I'll better advice we stay away from any form of farming, ponzi that's promises good return for our assets, like you said , its best we hold our Bitcoin ourselves and depend our accumulation plan to yield good results for us on the long run , greed is definitely not going to get us anywhere and short term ideas tend to also crash quickly or fail.
investing such scheme is totally waste of time. They are mostly scam project at first they would first earn your trust and later take advantage of it alot of newbies as fall as victims thinking that such scam project is the way to start investing in bitcoin which is totally wrong because you may endup losing funds you should have use in accumulating more bitcoin in your portfolio, that you know you will surely yeild good profits from. Than wasting your funds in such scam project so is not advisable to deposit to such project. Just gently find your self a better sources of income that would help in accumulating.
The market Bitcoin now $38k and will not take long to touch to $50k. This kind of price movement can indeed present both opportunities and challenge for investors. For those who were considering investing but hesitated due to concerns about further drop it is understandable to feel a sense of missed opportunity as the price has since risen. Investing in cryptocurrencies like Bitcoin
As a bitcoin investor who understands what you are doing and you are in for it for a long time, then timing the market is none of your business. You don't need that as it is going to slow you down in achieving your investment goals. Moreover nobody has successfully succeeded in timing the bitcoin price movement. This is why bitcoin is unpredictable. So remove your focus from market activities. Your only focus should be buying. The only time you visit the is when you are buying your bitcoin with your adopted approach as a long term investor.
just as they say "you can drag a donkey to the water but you can't force them to drink from it". Alot of individual are like that no matter how you try to show them the beauty of investing in bitcoin, they would keep procastinating whether to buy or not. They would alway endup with regrets saying had I known I would have started accumulating bitcoin on it's early stages. Some even go further saying that there's no need for that anymore that bitcoin has already hitting a great peaks. I would just looked at them and laugh because this recent price is just the beginning of bitcoin breakthrough's. The way must of us as being say "had I known" I would invested in bitcoin when it's price was still around 4 digit that how alot of people would still endup saying 'had I known" I would have invested on bitcoin when it was below or around $40k. Go to bitcoin price history and see the massive changes in bitcoin price today and still there's more breakthrough ahead. so you don't need someone to keep saying you should aim for long-term investment.