While the market was dangling and there was a strong fall in the general crypto market, I remembered the traditional bank savings where you could save your money and still get some interests on it. Imagine saving Bitcoin and earning interests on it when it has gone down and when it goes back up, you are in double profits margin, because it will be too risky to not have a way save your assets and your profits from the falling market and waiting for when the market is favourable.
That’s same thing as staking of cryptocurrency which happens on Altcoins and also on bitcoin using some centralized exchanges. You get some percentage of APR for the time you state the coin with them. But my question is OP do you actually want to trust some entities with your funds for just small percentage of returns which to me isn’t what the risk? That’s simply just using the commercial bank and defeating the idea of having your own total freedom with your money. Should the entity encounter any problems your funds go down with it.
If you ask me I will say holding bitcoin on a non custodial wallet is more or less a way of saving your money and as the price increases you get the profits people who save fiat on banks get. It is somewhat even more better than Fiat because it doesn’t get affects with inflation