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Topic: Interest on Bitcoin - page 2. (Read 1058 times)

full member
Activity: 1750
Merit: 186
November 07, 2021, 06:20:02 PM
#95
From what I check online, seems like most sites give up to 6% interest if you have one btc.  But anything more than that, the interest cuts into half.  Is that true for every site?


I mean having one btc is already a lot nowadays and that is a lot of interest since well you getting paid in btc.


But do most people not against this due to not your keys, not you coins?  However, staking is completely different right since you could unstake it anytime?  Could you stake btc instead and if so, what percentage interest you get? 
hero member
Activity: 2828
Merit: 611
November 07, 2021, 10:25:26 AM
#94
Wondering how many of you earn interest on your Bitcoin?
No wonders; I am making more than what what those opportunities might be giving as interest for my bitcoin deposits. Yeah, bitcoin itself is appreciating every four years than what 6% yearly compound interest may sum up. Do not fall into such kind of ponzi (I dare to call them ponzi even they got enough reasons to prove me wrong).

Few services like crypto exchanges are something we cannot avoid for our bitcoins still experts are recommending not to to hold bitcoin on exchanges. Saving Bitcoin in our wallet alone the safest one. You may risk your bitcoins for earning interest and you need to face the consequences. Your bitcoins; your decisions.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
November 07, 2021, 10:11:41 AM
#93
Wondering how many of you earn interest on your Bitcoin?

Do you feel this is risky, whoever owns the private key owns the BTC ?

Also any resources for a high interest rate I think around 6% is the highest, these are some I have seen Liquity, Blockbank, Voyager, Nexo

thanks!

Don't ever put your bitcoins at risk to grab a few extra dollars. The interest you will get won't be worth the risk to put your coins at stake.
You could easily get that extra dollars when bitcoin pumps in price. Giving up your private keys for it would be really stupid.
If you still decide to put your coins at risk then I would advice not to put more than 25% of your coins at stake.
At least you would be able to secure 75% of your bitcoins that way.
hero member
Activity: 2492
Merit: 542
November 07, 2021, 10:05:09 AM
#92


Do you feel this is risky, whoever owns the private key owns the BTC ?

Also any resources for a high interest rate I think around 6% is the highest, these are some I have seen Liquity, Blockbank, Voyager, Nexo

thanks!
It depends on the platform you are using, use one that has a good reputation and trusted company like Crypto.com. I have some few btc in that site earning some interest for just holding and so far its going smooth for some months now, but as I said still risky to join in a platform you have no control over your keys so always DYOR before entering and educate yourself first. 
member
Activity: 868
Merit: 38
Join hands and help me to grow everybody...
November 07, 2021, 09:55:31 AM
#91
Wondering how many of you earn interest on your Bitcoin?

Do you feel this is risky, whoever owns the private key owns the BTC ?

Also any resources for a high interest rate I think around 6% is the highest, these are some I have seen Liquity, Blockbank, Voyager, Nexo

thanks!
many people earn interest on cryptocurrencies and bitcoin in particular, and i believe that majority in the societies today like bitcoin for other purposes, so the private key section, any person that have private key doesn't have bitcoin, because you can create an account of bitcoin wallet and their is know money to fund your wallet and that should not mean that you have bitcoin, you only have wallet with the key.
sr. member
Activity: 2016
Merit: 283
November 07, 2021, 06:30:57 AM
#90
I wil preferred to hold bitcoin for how many years than getting profits from interest, it's more safer than what way you think to be honest, . Indeed there's alot of people who already achieved their dreams because of HOLDING bitcoin, so i suggest do it for your self as well because it's quite skeptical if you will gonna rely on such way of making good return in the future. 
member
Activity: 119
Merit: 46
November 07, 2021, 12:04:47 AM
#89
I don't earn any interests on my BTC. I just put investment on it as my future investment. Isn't it too risky to give my majority capital for just some interest?
I do earn in others crypto , I also don't prefer to put my Bitcoin in exchange cause it's centralised . What I own I just put them on my cold wallet.
newbie
Activity: 779
Merit: 0
November 06, 2021, 11:14:55 PM
#88
Wondering how many of you earn interest on your Bitcoin?

Do you feel this is risky, whoever owns the private key owns the BTC ?

Also any resources for a high interest rate I think around 6% is the highest, these are some I have seen Liquity, Blockbank, Voyager, Nexo

thanks!

There are lots of trusted and secured decentralized platforms that allow you to earn more interest as your hold your coin in their platform such as staking your Bitcoin for a period of time to accrue more interest or rewards. These decentralized platforms allow coin holders to have total control of their private key thereby restricting the involvement of third parties or intermediaries.

As for me, I prefer to hold my Bitcoin (a non stablecoin) in my private crypto wallet and allow it to accrue more interest as its price increases in the crypto market.
sr. member
Activity: 1694
Merit: 299
November 06, 2021, 12:02:10 PM
#87
so happy I joined this forum - I didn't even know it's possible to get interest on Bitcoin! Thanks everyone for enlightening me here
I hope you understand the type of interest OP is talking about, it's not the sort of interest you gain from hodling/investing/trading, I believe OP is inquiring about forfeiting your private keys to maybe an organization/company and earn a percentage from the organization depending on the agreement in the contract, mind you that this is embedded with so much risks, if you've not heard, "if it's not your keys, then it's not your coins", thus giving your keys to anyone takes away the ownership of the coin from you. If you want to earn interest on your coins, then hodl it, trade it, just do anything, but make sure you are the only one in possession of your private keys/seed phrase.
You are right, there are risk involved because when you are not holding your keys then you are not really holding your coins. Anyone who holds your keys is totally in charge of your coins. But, I don’t think most of these companies that the OP has mentioned would like to put a dent on their image by scamming people, will they? That is the last thing they would like to do because all those companies are already big names in the cryptocurrency market.

Although I’ve never really considered anything that has to do with staking on any platform and getting interest, I’m already satisfied with the profit I’m getting from just holding it in my wallet. But it wouldn’t be bad if anyone should consider making extra.
full member
Activity: 1134
Merit: 167
November 05, 2021, 04:55:01 PM
#86
people think its risky but they still manage it. how risk depend on how long you have been there, and knowledge will lead your way. circumspection will grow slowly, and trust will be the number one if you want to save from the other think.
we cant imagine how much we can get from this crypto, but the older feel and know how much they earn, from days to years. and the fact, this profit is bigger than you store in bank
I agree with you ... and this has been proven until now I always hold it and occasionally take advantage of it to spend, so; every job is risky depending on how we take care of it, maybe the OP feels that makes him feel worried about what will happen if something is lost
legendary
Activity: 1610
Merit: 1003
November 05, 2021, 04:35:03 PM
#85
people think its risky but they still manage it. how risk depend on how long you have been there, and knowledge will lead your way. circumspection will grow slowly, and trust will be the number one if you want to save from the other think.
we cant imagine how much we can get from this crypto, but the older feel and know how much they earn, from days to years. and the fact, this profit is bigger than you store in bank
legendary
Activity: 2184
Merit: 1302
November 05, 2021, 12:58:52 PM
#84
so happy I joined this forum - I didn't even know it's possible to get interest on Bitcoin! Thanks everyone for enlightening me here
I hope you understand the type of interest OP is talking about, it's not the sort of interest you gain from hodling/investing/trading, I believe OP is inquiring about forfeiting your private keys to maybe an organization/company and earn a percentage from the organization depending on the agreement in the contract, mind you that this is embedded with so much risks, if you've not heard, "if it's not your keys, then it's not your coins", thus giving your keys to anyone takes away the ownership of the coin from you. If you want to earn interest on your coins, then hodl it, trade it, just do anything, but make sure you are the only one in possession of your private keys/seed phrase.
full member
Activity: 1092
Merit: 227
November 05, 2021, 12:09:09 PM
#83
Wondering how many of you earn interest on your Bitcoin?
I do not think this is necessary, it is obvious with increase in bitcoin price.

Do you feel this is risky, whoever owns the private key owns the BTC ?
Who owns the seed phrase or the private key owns the bitcoin, it is not risky if you think bitcoin network can fail, never think of that because bitcoin network is stronger than anything you can compare it with. What you should be careful about are hackers and scammers generally.

Yeah, the bitcoin network. Look through the eyes of coder and they will tell the grim reality of the same. It's complex network of nodes, blocks, getting confirmed again and again by different miners, one after another and the process is just non ending. The hash generated is almost equal to garbage but with unique serial and unique information that is understood by the blockchain and miner.

Yes its beautiful thing to understand. Big network with public to public ledger and connectivity. I think there is small or rare chance that bitcoin will ever fail. The network just can't fail because its running on multiple systems, multiple pc's, miners etc. So if you ask me, then its surely secure one.

Well, I barely doubt there is service or project who can offer you 6% interest on the bitcoin. It's just does not make sense considering the prices are volatile.
newbie
Activity: 292
Merit: 0
November 05, 2021, 11:34:56 AM
#82
My interstet is very high in bitcoin and i aslo trading in bitcoin and crypto and recive profit
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
November 02, 2021, 04:13:19 AM
#81
Wondering how many of you earn interest on your Bitcoin?

Do you feel this is risky, whoever owns the private key owns the BTC ?

Also any resources for a high interest rate I think around 6% is the highest, these are some I have seen Liquity, Blockbank, Voyager, Nexo

thanks!

You can earn up to 7% interest on Bitcoin, but it's risky, HODLing exposes investors to face the risk of hacks. Traders usually prefer a hot wallet to trade funds quickly, but this type of storage could be dangerous cause the public and private keys are kept on the internet. You need to know how to protect yourself from attacks.


if you are into Holding then you will never have any trouble using safer wallet like Trezor / Ledger in which i am using now.

I have been saving my coins for years now and never had any issue faced for the years passed.

Wondering how many of you earn interest on your Bitcoin?

Do you feel this is risky, whoever owns the private key owns the BTC ?

Also any resources for a high interest rate I think around 6% is the highest, these are some I have seen Liquity, Blockbank, Voyager, Nexo

thanks!
If it is calculated from when I started to invest in Bitcoin, now I have earned around 68% net profit from.
It's very risky if your private key is given to someone else, don't do that.
How long was that? you did not even doubled your coins?

from the time i entered crypto and start investing ?(some of course trading) i already earned more than x5 of my total funds (Aside those i withdrawn in times of emergencies)
full member
Activity: 378
Merit: 102
November 02, 2021, 03:24:59 AM
#80
Wondering how many of you earn interest on your Bitcoin?

Do you feel this is risky, whoever owns the private key owns the BTC ?

Also any resources for a high interest rate I think around 6% is the highest, these are some I have seen Liquity, Blockbank, Voyager, Nexo

thanks!
If it is calculated from when I started to invest in Bitcoin, now I have earned around 68% net profit from.
It's very risky if your private key is given to someone else, don't do that.
newbie
Activity: 42
Merit: 0
November 02, 2021, 03:03:40 AM
#79
Wondering how many of you earn interest on your Bitcoin?

Do you feel this is risky, whoever owns the private key owns the BTC ?

Also any resources for a high interest rate I think around 6% is the highest, these are some I have seen Liquity, Blockbank, Voyager, Nexo

thanks!

You can earn up to 7% interest on Bitcoin, but it's risky, HODLing exposes investors to face the risk of hacks. Traders usually prefer a hot wallet to trade funds quickly, but this type of storage could be dangerous cause the public and private keys are kept on the internet. You need to know how to protect yourself from attacks.

newbie
Activity: 3
Merit: 0
November 02, 2021, 02:30:28 AM
#78
so happy I joined this forum - I didn't even know it's possible to get interest on Bitcoin! Thanks everyone for enlightening me here
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
November 02, 2021, 02:25:21 AM
#77
Wondering how many of you earn interest on your Bitcoin?

Do you feel this is risky, whoever owns the private key owns the BTC ?

Also any resources for a high interest rate I think around 6% is the highest, these are some I have seen Liquity, Blockbank, Voyager, Nexo

thanks!

To earn the interest on your bitcoin, you either have to deposit your bitcoin to a central site which control your funds and may give you certain percentage as an interest daily, weekly or monthly. This is too much risk as the third party may close their business anytime and you may lose the funds.
Holding bitcoin with yourself is also profitable, as the value of bitcoin keeps on increasing with time.
full member
Activity: 1736
Merit: 116
November 02, 2021, 01:26:00 AM
#76
As far as I know, many people are interested in bitcoin because of it's good value. They have interest in bitcoin because it's so known all over the world. Yes, it might be risky but if you have the plan on what to do then you don't need to worry more on it's high risk. From my perspective, One way to earn interest in bitcoin is by buying more bitcoins. Once you get your first stash, you'll want to get more and increase your total holdings so that you will get an interest when you purchase something.

It seems that most people are interested in Bitcoin because it can provide greater interest than bank interest or other assets. Especially in
a pandemic situation like now, Bitcoin is an asset that has amazing performance, this year even Bitcoin managed to reach new ATH twice.
This means that we simply buy Bitcoin and hold it until the price goes up, then we will get interest from Bitcoin. The more Bitcoins we collect,
the more interest we should earn. Or it could be by staking Bitcoin on several trusted platforms, then we will get interest from Bitcoin.
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