Well, when I look at it like that, it makes me wonder for a moment if that was such a great deal.
For FreeBitco.in at least it was, until now.
And I have so much trust in you guys, that I hope to make some profit too...
Same here, I have a loss of 33%, but will keep on holding it. I think in the long, we will end up in profit, at least that is what I hope
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Honestly people forget that this place was the first place that gave legit interest rate daily before all of these new DEFI systems started, between Liquidity providing and staking and boardrooms etc etc it was all about here, everyone put their money here and they made a "decent" return from it. The understanding was that we gave our bitcoins here, and took 4% profit which was realistic and a slight bit higher than the interest rates banks offer in highly developed nations.
Now looking at other places, ETH and BNB projects, that keep giving 1000%+ yearly APY, they look like a ponzi to me and when I invested just a bit, I already made x3 in just two weeks, so it turns out it is not even a ponzi (so far). I bet hurt the investment part of the website a bit, when your opponents "promise" 200x more than you, that probably takes away from your customers a bit. Is there any plans to counter offer that?
These projects that promise such kind of return will always (without any exception) end up in scam. In the beginning, most of these projects pay out and than suddenly, without warning, they will stop. Don't waste your money on this!
No need for freebitco.in to counter offer this, the return of 4.08% is still very nice and they can sustain it for a very long time!