Bitcoin Forum

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!

I do not think this is necessary, it is obvious with increase in bitcoin price.

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.

Too much of a risk, no way will I ever give up ownership of my keys to anybody else. Besides simply HODLING your own bitcoin over 5-10 years will give you way, way more money than any shady interest a company will lay you.

Don’t do it.

As risky as just keeping it in an exchange. Personally i trust only few of them and those are not even on the list. The ones i trust don't offer any interest for my holdings. But they are well regulated and trusted among the community. For some reason i am getting scammy vibes from anything that offers interest to btc.

Every investment has a certain level of risk. As time goes by, Bitcoin proves to be a safe investment since its 2010. And for those who generate many bitcoins through first Blocks, what risk they would get by holding those bitcoins for any period time as al of them got profit whatever the time he sold. And at first time he only used his computer cpu, means no investment was made then he shouldn't talk about risk.
Time changes and block reward becomes less, but it's still not that difficult to calculate the benefit over medium and short terms.
For those who bought bitcoin as investment, i guess some of them maybe lost a part of his initial capital if he sold during the Bear market .

I don't earn interest on my bitcoin and only relying to the mark up through the price increase. That's already good for me and I don't have to agree with any platform's condition upon depositing my bitcoin on them if I want to earn interest.
I'm free if I hold it and there's no need to agree with any of condition because I'm just a plain holder and the interest/profit that I get is whenever we're on the bull run.

Many people have interest on bitcoin, but what actually initiates the interest of bitcoin is the price, from my perspective whenever the price is getting accelerated the more investment idealogy is coming up, and is very obvious that they will like to invest in a genuine platform in order to earn more.

Interest? You mean profit by just holding bitcoin? For sure there are a lot of members who have that mentally.


Why would it be risky when you have total control of your bitcoin because you have the private key? It's going to be risky if you don't know how to protect it. That's why everyone here practice safe and security hygiene and that is a must.


Sorry I haven't heard of those platforms.

Yes, it is risky.  You don't own the coins then and are subject to the potential theft of your coins by the person paying the interest, the confiscation of the coins by a government where they are based, or any number of other risks.

I've never heard of the ones you mentioned.  For a few percent, the risk isn't worth it. 

Now if any of them offered an insured product with a policy from a well known insurer (e.g. Lloyd's) then it might change the calculation.

One way to earn interest on your Bitcoins is by buying more bitcoins. Once you get your first stash, you'll want to get more and increase your total holdings, this gives you an interest anytime you make a purchase, bonus is you DCA.

Nothing's not risky when it comes to crypto.

Well, I simply earn more or gain profit through the process of HODLing, whether it be long or short-term, although investing seems like a good idea but it takes time to actually find a worthy investment, so I just passively wait, Nexo on the other hand provides up to 12% interest, seems like a good idea to try that out, though there might be other better investments.

how much bitcoin interest can I get optimally just by buying as much bitcoin as I can afford, and targeting what the selling value is when we want to make a profit
for example, i buy bitcoin at 45k$ and i sell it back at 90k$ automatically i get 100% profit
here without having to sacrifice our assets to other people, just hold on with our egos when panic sells when prices start to fall before the bitcoin selling value we expect

From my own perspective i think anyone who handles over he or her private Key's to another person, maybe both of them are compatible, because their is every tendency that if someone mistakenly handle bitcoin wallet keys to another person in order to secure it for long time investment or period, something mysterious can as well happen to the coin weather lost or miss from the wallet, that is the reason a private key will not be share with anyone for a security purposes.

earning without doing anything is pretty attractive. however not your key not your coins as we know. those platforms knew they couldn't make everyone put their money and trust in them so they use the trusted influencers to make it for them. and more importantly, they promise interest that some investors will not resist. non-traders will like what they offer but they do have options as well in the decentralized platform like the defi platform.

I have been stacking some bitcoin for quite a while now. I'm using Kraken as it is a licenced exchange, however, the interest is pretty slim. You can "stake" bitcoin at Kraken with a +0.25% yearly income. Thing is, not your keys, not your coins. Even though Kraken is a trusted exchange, I'm thinking it is not worth the risk. Of course, I could go for other options which offer pretty good interests rates, however, the bigger the interest, the bigger the risk. You can also wrap your bitcoin and put it into DeFi options, but has said the bigger the reward the bigger the risk

How many?  So it means you talk about possible profit that you could earn by increasing the value?
Because holding Bitcoin it will not grow its amount, it's grown on the value.  If you have 1 Bitcoin while holding, it will remain 1 Bitcoin.
But if you mean how many people have the interest to have Bitcoin, as much Bitcoin is valuable people wanted to have it like a valuable asset.

No, because I know how to store it safely.  Bitcoin is vulnerable to hack but if you know how to keep it safe and store it in a safe wallet, you're totally safe, and yes, not your keys not your coins policy here.  You should be knowledgeable enough about how to use and how to keep it safe.

Not familiar with aside from Nexo, are you shilling all of these?

There are some people who store their BTC with platforms that gives them interest for doing so. However, I don't buy the idea because they always have access to your BTC and can at any time of the contract take your funds. Simply hold and speculate for a pump. Don't centralize what has been decentralized in the process of earning more, because, no decentralized platform (exchange or whatever) will give you anything, it's always the centralized ones(who can run).

And because of the price too... Bitcoin is becoming more recognizable among many people from different countries until its popularity is increasing for doing certain things. Of course because the price is getting higher... people will be more inclined to think that this is a good opportunity in terms of investing, and day by day situations and circumstances in the world like to support the existence of Bitcoin in human life. And because of its advantages... Bitcoin managed to reach such a high price, this has clearly proven to be attracting interest.

Might as well just use something else instead of giving out my Bitcoin for interest tbh. I just let my Bitcoin sit there in all its glory, it's price increasing year by year is more than enough for me tbh, it's not really worth it to risk letting it sit with another party just for a measly interest. Though I guess some people are interested in lending it to others though, it is still a type of business and profit-making I guess. Just doesn't bode well for me, especially for the party that does the lending imo.

I dont have interest in "interest" outside banks fiat deposits. Bitcoin needs more care and conscious investments. I dont, so to speak.

However I did take part in a gambling site bankroll investment - where you invest money into the bankroll of a casino and you get returns by adding to the house on a monthly basis. The site that allowed such investments did stop this feature a few years ago.

Like I said, that gambling site is well known and the owner is on this forum active for several years and paying its campaign users. So I trust them. But for the newly launched projects that act "like banks" I dont really trust them that much.

I have heard of all of them. But I never feel secure with giving my coins to a third party. I would rather be the only one guarding them. At least then if they get stolen I would know that I made something insecure.

Hacks are very common in exchanges and that is only the tip of the iceberg of the real problem of crypto related thefts.

I have much interest in Bitcoin because I believe is the Bitcoin that get the future. I will continue to invest in it with whatever come to my hand. I will hold Bitcoin for long time because I prefer investing in bitcoin than saving fiat currency in bank. Keep your private key and be rich in nearest future.

If you keep bitcoin for a long time, of course, the benefits we get are very large if the price increase occurs and this will be greater than the interest we get from ordinary companies, if we are a lot of bitcoin assets then the risk we face is also big and we have to keep the private key as much as possible so as not to fall into the hands of others, Because it is the biggest threat to our assets, but to overcome hackers and other fraudulent sites we also have to overcome, if the hackers know our assets are large enough then it will be their target.

Bitcoin is all about interest for those who understands and knows Bitcoin

Private key should be kept where the  user would only have access to.

The only interest that I want is from lending my BTC in the exchange to traders because that can be additional revenue for me. Or you can earn interest from some wallet but do not expect to earn big if you do not use a big amount of BTC. But I will keep my private key by myself and not share or tell others because that is my own BTC. Do not get attracted because of high-interest rates from some programs as that can scam you anytime. Even if you are not lending your BTC to others, you will still get the interest because of the high price increase.

I earn in my bitcoin and still earning now because My Holdings is making profit from the increasing value now.
Yups that is why We are using Ledger Nano wallet because Not our Key not our BTC.
It is fine for me .
Just make sure you are buying and Holding and not just making story here.

Since a lot of scams happen in the crypto world, we really have to be more careful with platforms that offer high interest rates. Actually, as long as
we can choose trusted platforms to participate in programs that give interest to our Bitcoins, should be safe. Usually, some popular platforms
give us interest if we are willing to lend the bitcoins we have. But so far not so great interest offered by trusted platforms, so I'm more comfortable
getting interest due to the rising price of Bitcoin. Because I just store it in my own hardware wallet, which is the private key only I know and just waiting
for the Bitcoin pump, that way I don't need to be afraid of being deceived.

Storing BTC for long periods of time requires mental strength. If you save it from 2009/2010 then you will be a very lucky person. Because the value has doubled. It's a shame I didn't know it from the start but I don't regret it, because my interest in bitcoin is to increase the number of bitcoins by trading.
Regarding the security of my assets, of course I will be careful. I currently keep some of my assets in Trezors and some of the profits on the exchange which I use to increase my BTC amount.

I find it highly risky.

Think of this; you make an agreement with a stranger whom you'll be giving money to and after a certain period, he will return all of your money plus an interest. Now imagine that both of you are anonymous and the stranger can behave fraudulently without having any forfeitures.

Is there any reason I should be trusting him? Just because he's built a remarkable reputation doesn't mean I'll be handing over my coins to them.

I'd rather have to take control of my Bitcoin than let someone do that.
Anyway, I just hold some while I converted the others to fund the business outside crypto coz I believe it was more secure than putting it on the banks or third party. Guess what, we can make more investment returns if we have to work on it,  we can probably earn more than 6% and have a lesser risk.

We should be wise enough OP, it is more on a strategical mindset but if you're not, well, having 6% is good enough. However, letting someone holds your Bitcoin is literally at high risk. I guess you just have to think about it deeply.

there are people that really don't want to do much and just let their coins earn even if it is small. i actually did put some of my btc before in binance under flexible savings but the interest is not that big. so if you want it to grow faster, you can really venture into maybe small business, but of course, it will take a lot of your work and time. but if it is your passion, those works are nothing. so yeah, it depends on the person's capabilities here. also, if you will put your funds in an exchange or 3rd party website, better make sure they have insurance, at least you can sleep at peace, and knowing that your funds is relatively secure.

Every investment is risky and I see any investment in anything you have to risk including BTC, the most important thing we need to take care of is keeping our keys or passphrases right. way, if someone gets your wallet code or seed, of course they will get what you have in that wallet. that's why be careful and take notes somewhere no one can see.

The highest interest I do hope to earn from my crypto investment is the one the market provides from my timely hodling of some amount of bitcoin or my crypto investment. Why would I put out my btc to the care or management of a third party when simply hoadibg is all it takes for me to attain some mile worth of investment.
On the note that nothing is ever assuring, a project or company might fail to deliver on it's promises based on certain constraints and the risk are basically based on your investment coins. Hence,  there is a tendency that you could lose as, not your keys not your coin portrays.

Yes, that's why I am here, part of Bitcoin, as in a forum. I got money from Bitcoin and also crypto and I can still earn money from crypto even during a pandemic.

Everything about crypto not only Bitcoin is risky.
That is why we must be ready for the risks, smart and wise to avoid the most risks that may be experienced, and be careful.

Getting the interest due to the rising price of bitcoin is my concern and that is why I always try to save the satoshi and only sell when the price is rising. A newbie can attract the platform that offers high-interest rates because they do not know much about the investment and see a program offer to join them. That makes many newbies getting scam and tell to other about their bad story. Right now, we can take the interest rate due to the rising of bitcoin price and that is our profit as a bitcoin price increase to $64k and that is back to the last ATH.

interest ? well I cannot compute them all because i only took small portion each time i cash out and adding those  profit on my holdings.

sometimes i convert in altcoin and return in Bitcoin.


This is risky if you don't know how to secure your coins.

Try to invest your funds in most safer way like having Trezor or Nano Ledger?  those are the way that you can own your private key in most safest way.

to invest in crypto can not measure the certainty of interest because crypto profits are not based on interest. The profit from crypto can be obtained in the form of a certain coin value when the market price soars. like bitcoin when bought at a price of $ 40k percoin try to calculate how much profit now, bitcoin has reached $ 63k percoin.

Just holding the bitcoin gets you interest. What is required more out of it. Just think of a person investing one bitcoin for an interest of 6%, what'll he earn out of the investment. Same time just think of the person holding a bitcoin securely. If the interest percentage is calculated in terms of bitcoin it seems good, but everything will be calculated in accordance to USD.

Rather than going for Bitcoin investment, it is always good to prefer staking of potential altcoins. Because, for sure we'll get assured returns periodically and if the altcoin gets pushed it'll be giving big yield. Important thing the stakes will be with us. We'll be having our private keys with us.

What sites give 6% though?  I read they only do that up to a certain amount of btc but then give you less after that?

Many newbies fall victim to scams in the crypto world, it's because they are not wary of offering high interest rates. They only think about making
a profit in a short time, so scammers will find it easier to deceive them. I'm disappointed with newbies blaming crypto for their capital loss, even
though it's their own fault for not learning crypto properly. So before deciding to invest, learn everything about crypto. So they can tell which ones
are fraudulent and which ones are legit. Regarding the Bitcoin price which managed to rise to the price of $64k, it is already profitable for people
who have bought Bitcoin when the market is correcting. This also proves that we don't have to bother looking for platforms that promise interest
to be able to generate profits. Because it is enough to hold Bitcoin, a simple and safe way to make a profit. Moreover, if we plan to invest long-term
in Bitcoin, the profit generated may be greater than the platforms that offer interest.

Now many who were interested in bitcoin a few months ago, and invested even small amounts are even more interested, I am sure.

Who the hell will give their BTC to anyone? Not your keys, not your coins. Even if that is a service, I do not see any reason to give away your private keys to anyone. This is somehow similar to those who want you to give them your BTC, contacting you through WhatsApp, and then claiming that they can "8x" your coin overnight. :)
Fishy? I know.

Interest rate makes sense with fiat because it's stable, and the value is actually slightly decreasing with time, and also because we're often required to use banks which basically have control over our money anyway. But when it comes to cryptos, there's more risk involved when giving access to a company, and, more importantly, there's an alternative of being the sole owner of your coins. Also, Bitcoin is very volatile and tends to grow a lot in value over big periods of time, so any interest rate one can find is simply insignificant because a change like 6% can happen over a single day. So I wouldn't use such services and don't think they make much sense. Honestly, though, I don't use them for fiat either.

Those newbies attract to crypto because seeing other people who can make a lot of money quickly makes them think they can do like them. Yes, they can do like them and get big money but they must know what those people did to not get the wrong way. Most newbies follow the other people in a local group chat and read about how they make money so they follow what they said without searching for more.

Bitcoin price can make new ATH which means, they are making a lot of money if they buy at the dip but many new people buy not potential coins so they do not see the profit from that coins so they regret it. But if in the first start, they buy bitcoin and just hold it without tempting with the other offers, they are really making a profit from crypto. Hopefully, the next new people can learn about that so they do not make the same mistake as the previous people.

Everyone who's holding already earn money in bitcoin as we have already reached the new ATH.
Sharing your private key with someone is really risky, even though that is your family, you should never tell it to them as long as you have full trust in them, we should be practical, money always changes people so don't trust so quick. Always keep your private keys on your own, better to store them offline or write them on a piece of paper and make a double backup for this.

If you are holding before until today obviously you earn a huge interest for bitcoin reaching at the current level.


Somehow yes since we don't know on how long their service last up that's why we need to take extra precaution on using those wallet providers since we are not sure on what's running on their mind especially we know they are dealing a lot of balances and anything could happen if something evil pop out on their heads.

Even though it's risky I will never give my BTC private key to anyone else. It is better to store and hold it for some time which will actually be more profitable. BTC is the best crypto and number 1 has even been known by many people in the world. His popularity became a great opportunity for him to skyrocket even more than now. If you only see BTC from the negative side because of the high risk you are wrong, behind the big risk there is also a big profit. So you better be patient and hold your BTC for a while to enjoy the results.

With the increase in Bitcoin at this time, it has a very good impact on the growth of Crypto, and as time goes on, bitcoin users are increasing, but the more concerned about fraud will be rampant.

Indeed a relevant line for any newbie who is still having doubts about bitcoin and so called "interest". It is the essential ingredient to scams that happen with bitcoin.

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A similar idea can be drawn to MtGox and such incidents - exchange hacks where people did not care withdraw unused coins back to wallets.

A lot of trust issues can be understood from the posts in this thread, I agree. Even if the owners of NEXO, SALT and so on whichever ones are running, show their real faces and show their holding of user's crypto, still I would not give them access to crypto.

Because this is not fiat, here if you hand over your money to another person - that money is no longer yours. You have given away the control over those coins to another person.

Hence, newbies who dont wish to trade everyday and feeling that they are missing out on possible trading profits, need to stop their greed of earning interest. Better trade to make money or if not, hold.

Not doing any interest or staking my bitcoin right now, i just hold it in case for investment, i stake another coins ( usually new projects for maximize my income, but higher risk ofcourse ). So i just earn interest just from the price increase.


I always make sure my private key or phrase on the safe place. Writing it on a paper locally for my main wallet which hold the most assets and not save it anywhere in my local computer.
And for my transaction wallets, using a drive with password and 2FA connected, and i think it's quite safe till right now.

Do you mean buy only bitcoin in order not to make a mistake? And if I understood you correctly, it is not good to buy now because bitcoin is at ATH now. It follows that now you just need to wait for the moment when bitcoin drops in price and then buy it. But what if this does not happen and bitcoin will only grow in the future without significant drawdowns?

of course , Bitcoin is increasing so for what you expect the growth ? it is for cryptocurrencies and nothing others lol .

and Fraud? lol only people like you are still affected by fraud because for us who trust the market and specially Bitcoin , we knew that the fall now is the increase tomorrow .

interest in bitcoin is increasing because now people are realizing that in time of economic problem it is digital goods is what they can rely .

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It is risky. You are lending your bitcoins to a random exchange or platform. You have no control of the wallet keys, which means the coins no longer belongs to you. You trust that the platform will keep the coins you lent them safe. If the platform goes down or gets hacked, there is a high chance you will be losing all your coins. It is not worth taking the risk. Just hold your coins for long term and make profit as the value goes up. Or invest in coins that you can stake and earn a percentage as reward.

The interest we get from bitcoin depends on the increase in the bitcoin we invest in, and every asset we have certainly has risks in storing these assets, especially in storing private keys, it must be very careful not to be known by others and just disappear, and currently many bitcoin assets are locked for different reasons that surely assets we can not take anymore, But you should know not all who have their private keys have assets, if you want to make big profits then we have to invest large amounts.

Most of the platforms that I’ve seen that would give you interest on your Bitcoin are given around 4.5%, but I think I once saw six percent (6%) on Luno, so that’s the highest I’ve seen so far, I think. But I’m not really the type that is taking my coin for interest on any platform, although it might seem like an interesting thing to do.

I usually feel that the normal fluctuation in the price is enough for me to get me an interest no matter how much I’m going to need. So, what I simply do is to invest and store it in my wallet and whenever the price goes up I’m OK with it. It will then be up to me on whether I would like to sell the coin or keep holding.

As it was expected that Bitcoin will increase its price in no time frame and even without any support from the government.
Like if we invest now, we might be able to get 10-20% in a few years and much more if the bullish has come. I think we are compensated enough for such a return.
But, due to the price fluctuation, the percentage we get will also vary depending on the situation. However, we can manage to wait for the ATH and perfectly have sold it, that much more likely it has or we can make a triple or even more. The more you invest, the more you get profit, that seems the principle.

At the moment I am not earning any interest on my bitcoins. Bitcoins had such a strong year in 2021, in my opinion there is no real need for interest on our coins. When making returns of 100% in a few months than we should be already happy with it. Crypto lending can offer us some good returns during our HODL periods, but we need to be aware that there are risks involved. 4 to 6% interest sounds nice at first, but when losing everything its devastating. It's another layer of risk we need to be comfortable with or not. Personally I am not looking for interest by lending out coins.
Another form of interest I had in the past was gambling. Before the recent bitcoin rally I used to gamble and play poker with my bitcoins. So every time I won money I withdraw using crypto currencies, and every time I lost money I covered the losses with fiat money. This was probably more a way of switching fiat into bitcoins but it offered some easy way to boost my crypto portfolio.



Unfortunately yes, there is always a problem with the security of wallets when we rely on mobile or online wallets instead of hardware wallets. While this might be not a big issue in the past when we used online walkers for a few hundred USD. But now with the rising bitcoin price the pressure towards security is rising too. For hackers it becomes much more profitable just to steal a few BTC. And with bitcoins likely to rise even higher this will intensify.

Bitcoin is now safe zone for invest.Someone speaks that it is risk zone but I will tell Every investment has a certain level of risk but Bitcoin is more profitable than others coin.If you want to earn form here then you must be acquire knowledge about Bitcoin .

Even if anyone wants to earn interest with Bitcoin there is no platform that can be trusted giving away interest like that and i will not take any chances nor does anyone to hold their coins in exchanges if they are not planning to trade. There are exchanges that give you interest for holding the coins but i will not trust them either. When it comes to random messages posting returns, hell no way, block and move on :D.

I think to earn interest for bitcoin will depend on how much bitcoin we save in the wallet. I think we can select which wallet supports the interest of the bitcoin and use the wallet to store the bitcoin. Nexo can be a good choice for you but you can try with Atomic or Cro wallet. Maybe you can compare all of the wallets to find which wallet can give you more profit.

with prices that have continued to rise, of course the risk taken will probably be greater and it is not impossible that what you say may happen so that fraud cannot be avoided. Totally agree that do not trust any platform that gives high interest to bitcoin, the risk must also always be considered because now there are so many who take actions that may actually be detrimental.

Bitcoin is currently the target of many people to provide incentives that might be tempting for us to want to keep whatever it is called, which aims to get us to release our bitcoins to them. I totally agree, don't even believe in any form given for you to want to release your bitcoins.

That is because bitcoin will rise higher than altcoin and not worry him if he buys only bitcoin. Besides that, when the altcoin is down because following bitcoin price, the down can be a deep down and the risk for losing the value of the coin will be bigger and he can wait for a long time before the altcoin price increase back. But if he buys only bitcoin, the price can rise back to the last high price and sell it whenever he wants. He can wait for a while to buy bitcoin as the price now is increasing.

It is high trending in Bitcoin because it is very hot in Crypto Industry.

This is a true statement that fully provides the best place to get flowers. because the most important thing is security and there is no risk than having to hand over the private key and full of risks like the link above

the safest is to manage our own funds without using other platforms that promise to incentivize a few percent of the bitcoin assets owned. Many such platforms trick their users into releasing their bitcoins and then not having full control over their bitcoin assets. the safest thing is to manage it yourself, make trades and others so that we have control over the assets we have.

for a high level of risk, I actually think this is one of the steps that must be taken when on this path because it is not only in crypto, actually everything has risks.
and I suggest that you don't think too much about bitcoin is a scam or not because this will indeed be a boomerang for yourself.
and when talking about your key in bitcoin it is a safe thing as long as you don't tell anyone and for sure you have to do this so you avoid losing your money due to a scam or hack.

Nexo is good. 5-12%.Their native token just pumped on a cease and desist order from yankie land.

What do we care. Having the regulation running on fines and donations.

You delete this and go I back to youtube and watch that smack macron video?

Honestly speaking, I didn't hear about bitcoin interest and its percentage either. first time I've known after seeing your post. But frankly speaking, I didn't find much potential in this 6% of interest where I might get 9-10% yearly from holding it in the bank too. But for me holding in another wallet to get 6%, I would be friendly with my wallet to hold it. And I believe if I am able to hold bitcoin for 4-5 years, I can get even more profit, excluding the 6% interest. And what about the bitcoin seed, also known as the private key?Yes, I owe my own. Whoever is going to share it with others, Will you? By the way, thanks to this post, I got information about bitcoin interest. 

You punch those 12 words in to a metal plate and carry it around you neck.

Do you mean staking?

For the safety of your funds, don't let others hold/know your keys. Some people use third parties like putting their Bitcoin on them and letting them manage to grow their investment and receive some percentage in returns. We actually get some benefits but what if the site gets compromised, you'll not be sure as well if you can get back your Bitcoin. That will be the risk and it is really risky.

6% interest is a small price for me to risk my BTC on any platform. There's a lot of scams out here in the crypto space, handing anybody your seed phrase isn't the best idea in my opinion for just a 6% reward. I can only risk my asset if the reward was bigger (50% - 70%), but we'll know only a scammer would make such offers.

There are other safer ways one can earn more BTC than that. You can buy BTC when the market is down and sell when everywhere is green. It's more safe and profitable than risking your assets with a platform that may turn out a scam.

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.

Interest making in Bitcoin has to do with the increase in the price of Bitcoin and once you hold Bitcoin as an asset it has stability much more than other assets and having the thought of ever losing in Bitcoin should not occur in your thoughts.

I earned a huge amount of interest few weeks ago when the price of bitcoin increase to $67 before the price started decrease to $60 few days ago in the market. It was not a small risk I took to observe the market price very well for me to be able to achieve my interest from the investment.

Exchanges that are running for long can be trusted that they would not steal your money - the problem is with the hacks and big reputed exchanges are often the hackers targets. The legal battle after that can be tiresome and frustrating and it is wise to avoid this altogether.

But the third party sites specializing on acting like a bank to give loans and take deposits, I would rather keep my coins in a wallet whose private keys are under my control.

That is a no-brainer, mate. People who fall for those need to stop investing in cryptocurrencies.

The topic is for interest earned on staking bitcoin on sites that offer to do so. What you earned, congrats for that, is from speculative market trading. These two are different.

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.

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.

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

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 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.

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.

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)

My interstet is very high in bitcoin and i aslo trading in bitcoin and crypto and recive profit

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.

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.

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

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.

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.

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.

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. 

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.

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. 

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.

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.

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? 

I am pretty sure that everyone who is here especially loving Bitcoin has realize the risks of Bitcoin itself. As we know that it will give us risks and also profits. But, as long as we consider that profits are higher and we can manage our investment to reduce the risks, why not? Interested in Bitcoin is very normal.

And about getting or earning money from Bitcoin, we can just hold them, or even we can stake them to get some APY. but of course. Chooaing the right and trusted olatfome is very crucial to avoid scams.
Sometimes, scammers will give very high APY to attract us, but be careful on this and be realized

Probably all users who owns it. If the value of bitcoin is increasing we gain from it and the longer you hold your bitcoin you get the chance to gain more. However it has risk as well like any other investment hence it would be better to have less expectation, and make sure to know what you're getting into. There will always be two result if you invest, its either you earn or lose thus having your own understanding of the possible outcome is a must.

being interested doesn't necessarily make people invest right away, there are many factors that make people turn around
become a loss by thinking too long to make a decision

The risk will turn into profit over time management. Is there no risk when you take out life insurance or fixed deposit with a bank? It is most risky to keep money in the bank, cause you have no control over your savings here, if they go bankrupt, govt. will liquidate the company's physical assets and give you the lowest percentage. even if there is inflation, you will not have anything to do. But even if you invest in Bitcoin for the long term, all the control will be in your hands. Volatility may be temporary risky for short term holders but for long term it is not after any risk stage.

I Think, Everyday loves bitcoin. For me,I specially love bitcoin. There is no risk when people make invest right way.And i Think  right now mane people interested earn cryptocurrency and bitcoin particular. So if you want earn it then you can hold it,trade it and invest it right way.so you can hold it your private wallet.

Those that earned interest from bitcoin are those people who believe so much on their strategies on daily operation in the market. Earning a good interest from your bitcoin it show that you have pass through so many difficulties in the market by which the price of bitcoin will increase today and dump tomorrow without any notice of decrease to their customers.
It look like risk of new traders but is not a risk to the eyes of the bitcoin investors because they know that whoever that own bitcoin own the reward attaches to it without fear of losing it to anyone in community.

Interest rate in Bitcoin is really greater than any other physical asset. you know last year the lowest price of Bitcoin was $4k and now the price is over $66k. So mathematically Bitcoin gave near around 1600% interest within 1 year, tell me which asset will give you this much profit?

Yes, One of the safest things in the world is the Bitcoin hardware wallet. Once you have accidentally lost your wallet's private key, no software or developer will be able to recover your lost funds unless you disclosed your P.key somewhere. So, secure your key, your funds are 100% secured.

Bitcoin income especially as a trader cannot be presented because it depends on the price of Bitcoin itself, I can profit many times if the price of Bitcoin goes up high and vice versa I can risk losing money if the price of Bitcoin goes down. As someone who has been in the crypto world for a long time I have experienced advantages and disadvantages, but learning from every mistake and not giving up easily is the key to success here.

The above really puts in perspective all the things that can happen when your money is in someone else's hands. There are risks by holding money in a bank where your money is getting thinner and thinner because its value drops over time.

While with crypto you keep your own money and you can earn rather than lose over time, and in some cases if prepared to wait for a longer time you'll be rewarded even more. This is in fact the opposite relationship to fiat.

So why wouldn't there be an ever increasing interest in Bitcoin?

I'm surprised by some of the things I see, because OP doesn't look at things like this:

1 - if someone uses these interest sites, that person will have fixed interest rates and they are always saying that they do not give guaranteed profit and the site may disappear

2 - take bitcoin and hodl your wallet for a year, the person will probably have a high return and have the advantage of having control over the bitcoin they have

so why would anyone choose option1? does not make sense

You need to hold your Bitcoin if were afraid. Not your keys, not your Bitcoin either. You will have to think about that...
Everyone must have to understand that being in this form of investment guarantees nothing but if you can manage it so well, even it has just a lower interest, it can be good enough. What I mean is that you don't need to get into a higher interest rate as that seems unrealistic. Some put their Bitcoin to exchanges for this sake but the risk is too high, never do this if you can't afford it but rather keep it and wait for the right moment to sell.

Iam very intersted in bitcion for buy and hold and trading in bitcoin so earning nice money

I only started using Binance's earn function which has a pretty low return for my bitcoin but since I am still hodling on to it, I might as well put it there to get some satoshis even if they're dusts. I think that there's not a lot you can get from bitcoin if you look for interests in any platform, bitcoin's just too big and we always have to look for equilibrium.

Its a easy way of earning btc and increasing your fund .Most of the platform are giving almost the same APR rate .You can get interest and can earn .I think you can get a good idea that he who invested and get interest in the past on btc just calculate now how much they have gotten the return .We need to think positively if we always think the market could fall we can't find a good return even after getting the interest .I think investing for interest is long term invested if you really wanna see a good result on that .You were saying he who own the privet key own the wallet ,its true so why you need to share the key when it is really need to store securely .

When you’re making use of a trusted platform, then this shouldn’t be something to worry about.
I have seen a lot of exchanges and other cryptocurrency platforms that offers this interest feature on bitcoin.

Yes, not having your keys means that you don’t have complete control over your coins, but these platforms can be trusted.

Platforms like Nexo.io, Luno, Crypto.com, Blockchain, etc. They are reliable. But even at that, you still have to understand that they can’t be perfect, so it’s up to you whether you would like to make use of them. And yes 6% is the highest profit that comes staking bitcoin on these platforms. There are other coins and tokens that can generate more than that. If you Crypto.com’s native token, you will make up to 20% interest.

Somehow putting up some funds into some certain platforms just for the sake reason of getting some interest then i dont see it to be that worth if you do look on the risky side of things yet you could

earn more than with those amounts if you do just simply held your own coin on your own wallet which you do possess its keys but for centralized platforms then its really hard to trust up
in regarding on this one because you wouldnt know on what would happen next.

So its up on your choice whether you could take that risk or not.

6 percent profit is a common thing that also given by the central bank of every country . Even if we are stacking USDT, BUSD we will get 10 percent APR interest . then why you think bitcoin staking is good with 6% interest . Where the price of Bitcoin constantly goes up and down and where there is high risk . So I don't think buying bitcoins for staking is a good idea . But if you are a bitcoin holder.  Then you can do this it will give you some extra profit

Definitely someone is going to make interest in their investment on Bitcoin if the price growth is good. Your private key is the security of your asset, should be only kept safe by you and no third party.

Giving the private key is the most fatal mistake we make because that's where others will come in and drain our assets, so in this case we have to be careful, and investing in bitcoin in the long term is a big profit that we can definitely get and will pass the interest we predicted, but this will wait for a fairly long time as we see today the decline in bitcoin is very large and it takes time to be able to back to the highest value.

I don't trust anyone else, only my family knows my keys. They also don't care how much I have. I do not earn interest on Bitcoin. I would choose altcoins. I think bitcoin has value.