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Topic
Board Marketplace
Re: Should crypto have a 'savings account' option?
by
Obulis
on 22/06/2025, 18:24:44 UTC
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.

Yeah , imagine a money printing machine where everyone gets money by doing nothing, how could that be not a great idea?
Remember Celsius, that was a savings account, you would deposit your coins, get interest on it and then....you would have no more coins.

What part of "be your own bank" did you miss?


Being a junior to crypto market!
Before now i was thinking it's a new idea (saving Bitcoin and earning interest! ). But seeing this post and replys, history has already revealed itself. This means this forum is working and that makes it a golden privilege to be here. For sure others newbies not necessarily newbie to the forum but newbies to crypto in general would express same knowing and gratitude.

BE YOUR OWN BANK!
Here’s what it means;

Being your own bank means being in total charge of your finances. You manage your assets and make independent investment decisions. This gives direct control over your wealth. Empowering yourself through decentralized finance.

Coinbase does this already.

For there to have been history on this which was never favorable to the hard earned assets of individuals, this somehow makes OPs work a kind of bait to uninformed (newbies to crypto). This history can likewise repeat (as in unfavorably).
Guide your assets by being your own bank! If you want your assets to gain more, you take the risk involved. Not a waiting to mostly an unfavorable outcome in the name save and gain interest....