How to Earn Interest on Bitcoin | Bitcointalksearch.org

ProtonBitcoin

newbie

Activity: 7

Merit: 0

Quote from: jaysabi on January 07, 2018, 11:16:44 AM

Quote from: ProtonBitcoin on January 06, 2018, 09:32:52 AM

Dear BitcoinersBTC,

I've found online this amazing way to earn interest on Bitcoin! It's a service opened since 2013 who has over 11 million registered users and provide a Savings Wallet that let you earn 4.08% annual interest divided into daily interest! I've used the service for a while and now I've written a complete article about it, check it out here:

https://protonbitcoin.com/earn-interest-on-bitcoin-low-risk/

I like freebitco.in, the owner of the site has always been a standup guy. The only thing I don't understand, and the thing that makes me cautious about anyone offering to pay "interest" on btc holdings, is that in order to pay interest on btc holdings, the payer of the interest has to be making more than the interest he is paying with your btc holdings. Otherwise, paying someone interest costs that person money. Four percent is a pretty generous rate on a USD basis for interest, so that leads to the question: What is Wetsuit doing with the bitcoin holdings that is generating income that allows him to pay 4% interest to the website users. I don't know the answer to this, and that along keeps me from putting any outside funds on his site. I'm fine keeping whatever I had generated there on the site, it's not a significant amount and it was "free money" anyway.

But as a starting point with investing, always understand how the investment generates value, otherwise it's not safe for you to put money into it.

They also show us the mining proof. It's a serious site! A great way to earn interest in bitcoin

ProtonBitcoin

newbie

Activity: 7

Merit: 0

Quote from: jaysabi on January 07, 2018, 11:16:44 AM

Quote from: ProtonBitcoin on January 06, 2018, 09:32:52 AM

Dear BitcoinersBTC,

I've found online this amazing way to earn interest on Bitcoin! It's a service opened since 2013 who has over 11 million registered users and provide a Savings Wallet that let you earn 4.08% annual interest divided into daily interest! I've used the service for a while and now I've written a complete article about it, check it out here:

https://protonbitcoin.com/earn-interest-on-bitcoin-low-risk/

I like freebitco.in, the owner of the site has always been a standup guy. The only thing I don't understand, and the thing that makes me cautious about anyone offering to pay "interest" on btc holdings, is that in order to pay interest on btc holdings, the payer of the interest has to be making more than the interest he is paying with your btc holdings. Otherwise, paying someone interest costs that person money. Four percent is a pretty generous rate on a USD basis for interest, so that leads to the question: What is Wetsuit doing with the bitcoin holdings that is generating income that allows him to pay 4% interest to the website users. I don't know the answer to this, and that along keeps me from putting any outside funds on his site. I'm fine keeping whatever I had generated there on the site, it's not a significant amount and it was "free money" anyway.

But as a starting point with investing, always understand how the investment generates value, otherwise it's not safe for you to put money into it.

They make money by investing out savings in mining. It is written in the faq

ProtonBitcoin

newbie

Activity: 7

Merit: 0

Quote from: squatz1 on January 07, 2018, 12:41:43 AM

The article is fine, so is the service. The only problem for people is that they don't want someone else FULLY being able to control their Bitcoins as they have ZERO access to the private keys while someone else has full access to them. Just to think about it for a second, you're putting all of your money up to be lost just to make a small 4 percent a year? I think people could live without this money to just feel safer by owning their keys.

On the side of the article though, it's good, keep pushing on blogging!

I know someone is worried about this, but the service has always been paying the 11 million users and has been doing it for 5 years so it is one of the safer ways to earn interest on Bitcoin. It is obvious that the best way to stay safe is to not invest.
Thanks for the feedbacks!

jaysabi

legendary

Activity: 2044

Merit: 1115

★777Coin.com★ Fun BTC Casino!

Quote from: ProtonBitcoin on January 06, 2018, 09:32:52 AM

Dear BitcoinersBTC,

I've found online this amazing way to earn interest on Bitcoin! It's a service opened since 2013 who has over 11 million registered users and provide a Savings Wallet that let you earn 4.08% annual interest divided into daily interest! I've used the service for a while and now I've written a complete article about it, check it out here:

https://protonbitcoin.com/earn-interest-on-bitcoin-low-risk/

I like freebitco.in, the owner of the site has always been a standup guy. The only thing I don't understand, and the thing that makes me cautious about anyone offering to pay "interest" on btc holdings, is that in order to pay interest on btc holdings, the payer of the interest has to be making more than the interest he is paying with your btc holdings. Otherwise, paying someone interest costs that person money. Four percent is a pretty generous rate on a USD basis for interest, so that leads to the question: What is Wetsuit doing with the bitcoin holdings that is generating income that allows him to pay 4% interest to the website users. I don't know the answer to this, and that along keeps me from putting any outside funds on his site. I'm fine keeping whatever I had generated there on the site, it's not a significant amount and it was "free money" anyway.

But as a starting point with investing, always understand how the investment generates value, otherwise it's not safe for you to put money into it.

expert4knowledge

hero member

Activity: 826

Merit: 1000

The All-in-One Cryptocurrency Exchange

Earn bitcoin with no risk ? Participate to signature bounties like me, you have nothing to do except doing what you usually do on the forum

Agaton

newbie

Activity: 140

Merit: 0

To avoid high risk just invest only when the price of bitcoin will fall down up to the lower bottom to avoid risk of your capital.

Polipog

newbie

Activity: 168

Merit: 0

Just think positive, even sometimes price of bitcoin going down. The word risk is made because of bitcoin price that down up to 20% rapidly, it is only a system that sometimes price going down because of high selling. Some investor are the one called bitcoin risky it is because of their losses.

davis196

hero member

Activity: 3150

Merit: 937

This is the wrong forum board to post such thread.You should move it to the "Service Discussion" forum board.
So you say that this service is working since 2013 and never scammed anyone?I don`t believe this.
The website onwers have to reveal where they invest the savings from people`s wallets,in order to pay such dividents.I`ve never heard about this company and i don`t see any online reviews about it.

CHENIEN

member

Activity: 616

Merit: 11

Decentralized Ascending Auctions on Blockchain

Just only joining campaign without investing and trading to evade the total risk. The total risk of bitcoin is on the price rise and low and many investor react because they got losed of their total capital invested. But this is a nature and neccessary only that price of bitcoin will fall and down but it will also rise. Patience and more strategy is needed in this kind of business.

squatz1

legendary

Activity: 1666

Merit: 1285

Flying Hellfish is a Commie

The article is fine, so is the service. The only problem for people is that they don't want someone else FULLY being able to control their Bitcoins as they have ZERO access to the private keys while someone else has full access to them. Just to think about it for a second, you're putting all of your money up to be lost just to make a small 4 percent a year? I think people could live without this money to just feel safer by owning their keys.

On the side of the article though, it's good, keep pushing on blogging!

jiangsuren

sr. member

Activity: 322

Merit: 250

freebitco.in
i also use it when i am an newbie in bitcoin world , this is a bitcoin faucet
at begin , i think the most safe way is hold in your hand , i don;t believe any exchange or third party service

ProtonBitcoin

newbie

Activity: 7

Merit: 0

Dear BitcoinersBTC,

I've found online this amazing way to earn interest on Bitcoin! check it out here:

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Topic: How to Earn Interest on Bitcoin (Read 166 times)