No doubt about that. Freebitco.in is currently offering 4.08% interest per annum which is more than any savings bank in my country.
So we can say that in a way, it is still better than banks when it comes to paying interests.
It has been paying interests on daily basis for so many years which is why it has gained so much trust.
I don't think there's any other gambling site which has such a high good will as freebitco.in
I haven't used the site for a while, which is why I hope my comment is not misinterpreted, I think that 4% interest per annum is very realistic, but the problem with that is that it will only be profitable if the price of bitcoin goes up a lot (I'm assuming that when the price of bitcoin goes up a lot, the person's money goes up too) or if at the time of withdrawal there is no withdrawal fee, because for example suppose that someone puts 1000$ and in 1 year he has 4 % interest, but at the time of withdrawal there is a rate of 2% or more, so that person was holding money for 1 year so as not to earn anything, so it would be better for the person to keep his money in his wallet. one of the reasons why I don't even risk leaving my money in the bank to earn interest and that in the end, when it comes time to withdraw, there is a fee and it ends up being useless to have left the money in the bank for a long time
clap
25% is for the very long term holders, at least in the crypto world many players would have a year as being considered a long time. I have said a few times you might as well do the 1 year term as it really will take that time frame to develop, BTC can spike but it doesnt really fully run like an avalanche and gain greatly until its built up over a year so not holding is really not for the best if ambitious in that magnitude.
But they failed to gain a foothold above $25k.
This on the 15th was not incorrect and the chart was fine. I thought it was quite a justified view however, my drawing on the chart was that we had beaten resistance at this time. My point being, the chart can be drawn a number of ways and its part of why some hate TA or similar conclusions. Its not that it was wrong but I would recommend trying to draw a conclusion more then once is best for accuracy and refinement of a conclusion. I consider it a universal rule, we have binocular vision for the depth it provides in multiple view points and so it really is best to consider many time frames if at all possible then compare and contrast to get best accuracy on a scenario; its all very random anyhow just something I've noticed. The market is with variable views, consensus is usually reached over time and across the globe as BTC is very distributed vs most market prices.
making price predictions for a very long time something like a month becomes a very difficult task, but in the case of bitcoin there are some price zones in which we can say that if the price is broken it can reach the price x with a little more of precision, for example currently the price is at 28000$ and it will not fall to 22000$ or less, the tendency is for the price to try to break the 30,000$ and consequently it will reach 32000$ - 34000$ in the next weeks and will continue to rise up to 39000$ - 42000$ and where there is a strong resistance zone like the one at 28000$ - 32000$ which for a long time had become the strongest support