i'm pretty sure there's reason why banks only give maximum of 5% of interest and some people are attracted to it because with bank it give you assurance that you money won't vanish into thin air.
with exchanges that offer staking program I think they can be safe enough until they get hacked then whether they gonna reimburse or not still unclear.
but the only viable way if you're looking for the safest way is indeed staking through exchange, that if you also trust the exchange itself, but i'd advise only to use reputable exchange like binance and the likes because they are big company hard to fail even after hacking occurring because they certainly have countermeasures.
Topic: is there any safe ways out there to get 10-15 % ANY return rate ? - page 4. (Read 491 times)
October 10, 2023, 07:07:04 PM
October 10, 2023, 06:40:23 PM
is there any safe ways out there to get 10-15 % ANY return rate ?
as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
Those offers from exchanges are not even safe because they're holding your crypto and you don't hold your private keys. as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
If you want to get that type of return, you'll have to choose the platforms that allows you to hold your private keys. As there wallets that allows, I guess so but still those percentages are changing overtime when there are a lot of stakers.
Usually with these exchanges, they're allowing this return with the deposit of stable coins but again, there's the risk and that's all you need to know.
October 10, 2023, 06:33:19 PM
is there any safe ways out there to get 10-15 % ANY return rate ?
as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
One of the commenters here is right that there is no safety in any crypto exchange that is categorized as a centralized-based system, especially if money is involved and KYC is required of us. If the DEX platform still has a risk, especially the platforms that are under the centralized system,
But if you have faith in Kucoin and Nexo, the decision is still up to you, really.
The community here on the platform like mine is the only thing we can do to give reminders to anyone like that, and it's up to you if you believe the opinions expressed by a few here in the comment section that you made a topic.
As long as everything we do involves money, there is always a risk involved. The important thing is that you must be ready to accept or face it.
October 10, 2023, 01:00:14 PM
...as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
The risk of losing your money in the cryptocurrency market is very high and this is why the high percentage of profitability is due to this. As for the traditional bank, the risk of losing your money is completely absent, since your deposit is protected by insurance. Therefore, you must decide for yourself which is more suitable for you, high risk and high profit or low risk and, accordingly, low profit.
October 10, 2023, 10:19:31 AM
If you want to invest in the long term, good Proof of Stake coins may be your choice if you have enough to reach the limit. Solana is the cheapest option, but stakingrewards is 7.13% +0.23%. The only problem is that you will be betting here that the price of Solana will not decrease.
ADA give you 3%
BNB 1%
ETH is the best, but you need to invest large amounts, which are 32 or about 70K USD.
You can play with options on stakingrewards, but I do not advise you to invest in Proof of Stake coins, as the price may fall and you may suffer losses, even with a good return.
ADA give you 3%
BNB 1%
ETH is the best, but you need to invest large amounts, which are 32 or about 70K USD.
You can play with options on stakingrewards, but I do not advise you to invest in Proof of Stake coins, as the price may fall and you may suffer losses, even with a good return.
October 10, 2023, 09:40:05 AM
is there any safe ways out there to get 10-15 % ANY return rate ?
as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
Chasing high yield products can lead you to Ponzi scams. You can lend your ETH, WBTC or other stable coin in any leading protocol to generate 3%-5% yield. If any project is offering a super high yield that means they need to generate that much revenue as well to sustain the selling pressure from stakeholders. Most of the time they can not and end up being rug pulled to their investors or the price dumped heavily.
October 10, 2023, 08:27:00 AM
is there any safe ways out there to get 10-15 % ANY return rate ?
as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
If you want to feel safe like banks, I prefer to invest only in Bitcoin it has low volatility compared to other coins. Alts have huge potential ROI but the risk are high.as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
It's safe to buy on the mentioned exchange above but don't ever keep your investment there especially if you're going to hold long term. You should transfer it to your personal wallet where you are the owner of the private key. It's more safe if the wallet you use to hold your Bitcoin is open-source and non-custodial such as electrum.
October 10, 2023, 08:12:40 AM
You obviously never heard of hyperinflation in Turkey or Argentina. In many Asian countries you can get nearly 10% safely just with fixed deposits but in Argentina it is safely over 100% per year.
The point is not about interest rate but about keeping money in an asset that can protect loss of value. You may not get any interest with BTC in your wallet but BTC vs USD keeps going up every few years.
The point is not about interest rate but about keeping money in an asset that can protect loss of value. You may not get any interest with BTC in your wallet but BTC vs USD keeps going up every few years.
October 10, 2023, 07:33:57 AM
S&P500 has a 10% average return in the last 100 years. You know some years less, some years more but if you hold long enough your average returns will be around ~10%. You can buy an index fund like VOO or similar. If you are after a low annual return like 10%, you shouldn’t be investing in crypto imo. Crypto is for the high risk takers and high risk means high returns (or losses). 5% bank interest is only good if you’ll need the money in the short term. 5% interest will kill your bucks in the long term because the inflation is way higher than 5%.
October 10, 2023, 07:33:08 AM
is there any safe ways out there to get 10-15 % ANY return rate ?
That depends of your country, in my country i get 11% directly by the goverment. and some 14% from some Fintech bussines without risk.
I can get some 18% to 21% with some risk.
But those rates will not last forever, Last year goverment rates was about 5% to 8%, so it can vary over time
October 10, 2023, 07:27:17 AM
is there any safe ways out there to get 10-15 % ANY return rate ?
as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
I can't promise NExo or Kucoin being safe. No one can. In fact i always sort of suspected that kucoin could go down any day. It had strange strategies at the start that that they already had to change, which made me think they didn't have any legal team or even advisors. Nor i have any clue if they ever got any.as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
Their help desk is a joke. One could make 100x better implementing chatgpt translation, and i still don't think they would know any better than informed customer. As they are only working and looking the answering sheets. Most of the time it's a question that they need to ask their from bosses anyway. And they are busy and might not answer any time soon. If ever.
I would say that while nothing is safe, some places are safer than other, so don't go chasing higherst return with the cost of having to deal with iffy exchange. Coinbase, kraken, bitfinex and binance have a good track record dealing with customers, and while they might not give biggest returns, i would definitely stick on those.
October 10, 2023, 06:02:44 AM
is there any safe ways out there to get 10-15 % ANY return rate ?
as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
Those who offer safe and passive way to earn money are just purely scam since there's no platform or person can offer you a guarantee earnings without getting an issue. Although the platform you mentioned is quiet reputable but you cannot get a guarantee that they will remain reputable and can 100% sure that they can deliver what they promise since there are so many unwanted circumstances that might possibly happen and that can affect your investment. We all like to have passive profit but we can only achieve that for now on income generating physical assets but if you search it on crypto maybe we cannot get that way since all of the options available are risky ones. So try to be more resources to search those good investment options so that you can try them up and make sure you don't place all your money in single platform since dividing it could potentially give us positive result.
October 10, 2023, 05:54:51 AM
is there any safe ways out there to get 10-15 % ANY return rate ?
as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
To answer you precisely, there’s no safe way to earn that kind of interest in crypto because exchange has the tendency to go bankrupt same with banks.
You are aiming to earn so it’s natural to have risk on it because that’s natural law of the world. You can’t earn without exchanging anything for it either in a form of service or risking money for investment. I believe best term you are looking for is less risky which I believe through holding Bitcoin is your best chance to hit that profit margin with less risk if you will just hold your asset long term.
October 10, 2023, 05:48:30 AM
It is easy to get 10-15% ANY return rate, but the problem is that you will get that percentage in the form of altcoin and the value of this token/coin may decrease, or you may not be able to withdraw it, or it requires a large capital that makes the risk of losing everything very possible.
Therefore, instead of looking for an easy, unguaranteed profit, it is better to learn trading, as it can easily enable you to achieve a good profit, or at least DCA, for Bitcoin during the next 24 months.
Therefore, instead of looking for an easy, unguaranteed profit, it is better to learn trading, as it can easily enable you to achieve a good profit, or at least DCA, for Bitcoin during the next 24 months.
October 10, 2023, 05:32:27 AM
is there any safe ways out there to get 10-15 % ANY return rate ?
as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
It's safe if you take the time to educate yourself more on the matter. However, it's important to acknowledge that the concept of consistent returns is quite rare.
Now, let's delve into the specifics: Are we indeed referring to annual returns here? As far as my knowledge goes, banks typically offer interest on a yearly basis, and this interest rate can fluctuate from country to country. It's worth noting that some banks opt not to provide interest to depositors; instead, they may charge fees for the safekeeping of deposited funds.
October 10, 2023, 04:47:45 AM
I know of two coins which are Atom and Dot. You can stake them to earn. The APY for atom is 18% while the APY for dot is 15%. For the dot, the minimum amount that you can stake is 270 DOT. You can stake this two coins on noncustodial wallet that support their staking. There are other coins but which I can not advise anyone to go for.
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
Not your key not your coin. 
October 10, 2023, 04:07:26 AM
Nothing is safe, this process mostly involves centralized services where you have to trust the service not only for credibility, but also for protection from hacking. There are even similar business applications through smartcontract protocols and typical tokens, but that doesn't mean there are no risks at all, especially from exploitation.
Moreover, the APY offers of certain coins is not always a % growth in value.
Moreover, the APY offers of certain coins is not always a % growth in value.
October 10, 2023, 03:09:56 AM
is there any safe ways out there to get 10-15 % ANY return rate ?
as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
as far as banks i noticed maximum 5 %
crypto exchanges upto 15 % - but are they safe to put money there ? like nexo , kucoin ?
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