How do you leverage the power of your Bitcoins?

[LUCKMCFLY]

In bitcoin always the best thing for now is to have it in Hodl mode! But of course according to many high-profile financial advisers like Robert Kiyosaki, real estate investing is best.

This would go into the mere matter of diversification, at the moment it is better to have FIAT money and acquire Bitcoin, because at any moment the investment of $ 10k can easily become $ 015k, $ 18k, $ 20k and more.

[kryptqnick]

I am curious to see if and how the community here manages their Bitcoin holdings. This post concerns mainly the investors, not holders.
I think the majority of you hold Bitcoin to benefit from asset appreciation. e.g. You buy at $10,000 and hope to double or triple in the shortest amount possible.

My question is if you found any ways to leverage your Bitcoin while you hold it?
examples:
- Taking a collateralized loan - Where would you invest this loan? A business, real estate, etc.
- Putting it into a interest account.
- Lending it.

Aren't holders long-term investors? Sure, it might be about a 2x or something like this goal, but with Bitcoin it can take a really long time, so it still counts as holding, I think. And IMO, every holder should have a realistic goal in mind, or otherwise one never benefits from the investment which doesn't make any sense. All the things you've mentioned are very risky, so I would not try any of those. Instead of an interest account, one could hodl a proof of stake currency. And with BTC volatility interest rate cannot be considered significant (Bitcoin can easily move 10% in a week, so why care about 10% in a year?).

[coolcoinz]

I wouldn't do it because for me Bitcoin is already a pretty volatile investment so I wouldn't add another risky business on top of it. Taking a loan with my bitcoins as a collateral would limit my possibilities regarding my main investment. Of course it could be even more profitable in the long run so I won't say it's not tempting, but with the amount of money I have in BTC right now, I'm good.

[michellee]

We can do many things to increase the bitcoin amount, such as trading and lending. That is what I did to have more bitcoin. I know that I can not always get a profit in bitcoin in trading because the market is not always up. But I am sure that I can profit in the next days because the market will be back at a high price. In lending, I can lend some bitcoin to the traders to get the return based on the current rate. That helps me to get more bitcoin, and I still on my way to have more bitcoin.

[pooya87]

- Putting it into a interest account.

that's a big NO because it is a terrible idea. it is just too risky and we'd be back to the same corrupted financial system as we already have with banks. not to mention that most of those offering interest are simply scammers trying to take your bitcoin and run away.

i thought about lending bitcoin (purely P2P) but there seemed to be a lot of lenders already doing it so i never bothered.
since i view bitcoin more as a currency rather than an investment, i use it as a currency too. and just like a currency i invest it if i can, i have invested in gambling sites but that had risks so i discontinued it, and now only have investment in one gambling site that doesn't involve investors in their risk and instead give a fixed rate. i also trade shitcoins from time to time but usually during pumping seasons.