Bitcoin Forum

So after forgetting about my crypto for a few months , i recently found out that i had more BTC left than anticipated and was curious what to do with them.

I bought early enough so the price would still be nice for me to sell but i want to hold on even longer.
 
As i like to invest my money and not just let it sit , i kept searching for opportunities to "invest" my bitcoin without risking them (scams ,fishy lending sites , etc,...)  .

Then i found this articel -> Get 4% interest on your unused BTC (https://medium.com/@lizzitup/why-i-started-getting-interest-on-my-leftover-bitcoin-and-why-you-dont-want-to-miss-this-1a1196e137e)

Turns out i still had some money in this site from my beginnerdays and allready got those juicy 4% of interest.

So i wanted to share this with all the people that don't yet know about this .

Enjoy and keep Hodling ; )

There is no risk-free investments,  that means there is no way to invest bitcoins without risks.
You are to weigh the potential gains and losses, and decide if it's a profitable venture, and if it's worth the risk.
Also consider that hodling your bitcoins in your wallet is also a risk.

I thought the link will lead into something "special" but ended up on a certain site.

The bottom line, putting money there is still at risk unless people will used their faucet earnings just to test the waters. But goodluck waiting for a year.

That 4% is annual interest. Really not worth the time to wait just to target the interest especially if the funds will came from people's own precious stash. There are lots of ways to earned cryptos on which anyone can learn within a year period.

I don't need a crystal ball to tell me this is another ponzi scheme business. The moment you hand over your bitcoin to some site to hold and pay you percentages, be it daily, monthly or annually that day you become a fool and don't deserve that bitcoin that'll be likely stolen from you.  
For just holding your bitcoin you get rewarded and if that doesn't satisfy you,  you can also go into trading and if lucks and skills is on you side you double or even triple your capital.

Don't fall for this traps or just like usitech and bitconnect, you will end up losing your bitcoins.

You’ve been publicizing the "hashrate weebly" site with links through your posts for almost a year now (first reference 06/01/2018), in different contexts. I’d say that the OP is within that same context, and would not really trust your claims (nor basically any that offer a fixed assured income in crypto).

I think that 4% per year is very small. Your risks are much greater than the opportunity to earn. There are many safer ways to increase your Deposit by 4%. I wouldn't invest my bitcoins that way.

Its interesting how FreeBitcoin can offer such a high interest rate compared to what banks are currently giving but I don't think it is the wisest decision on putting your money in a website like that. I have read a lot of articles seeing reports of hacking both attempted and successful hacks on FreeBitcoin and somehow they always know what passwords to use, I don't know if there is a security flaw or their is an active phishing site for that website but for me I won't be comfortable putting my money to that website.

I also think 4% is too small for a year, maybe you can get more from banks, but if bitcoin grow in price and you change it to fiat money, probable you will earn more if you hold bitcoin. And hold a lot of money on a website no one know how long will be the website online.

I checked the link and its from medium so I had to read the article itself. And the article didn't gave what that company he invested as mentioned it owns one of the biggest "mining operation".

I'm holding on my left over bitcoin's than to invest that I don't think will certainly give me better results. There's no harm in holding but making use of it from someone who's advising a method that belongs to him, I'll pass.

This seems a bit fishy, anyone tested?

long story short OP is trying to gather referrals by advertising his referral link, he is just posting the link on another site and then posting the link to that site here. the funny part is that he claims the "has found the article" :D

the link in that article is the same site he is advertising on his forum account!

I've been storing my BTCs on the site.

It's legit, just that small amounts won't be significant. 1 BTC = 0.04 BTC a year which is roughly $150, provided the prices don't fall by then.

We can always smell the sales pitch by the way they're posted ;)

Yeah 4% is relatively small compared to the percentage of risk you will gone through when you let other people controlled over your bitcoin by moving it to their wallets. This is not really advisable even if they talk too much about them as legit and not scammers. It will come one day that they will going to scam others by taking bitcoin you deposited to their wallet.