Is it smart to put your bitcoin into daily interest websites?

[aryvar]

I found this website a couple days: https://freebitco.in/?r=10753095
I was wondering if it was smart to put it into this daily interest thing that they have? I'm not sure, but so far it doesn't look like a scam.

[bill gator]

I found this website a couple days: https://freebitco.in/?r=10753095
I was wondering if it was smart to put it into this daily interest thing that they have? I'm not sure, but so far it doesn't look like a scam.

Whenever I see things like this I just assume they are planning an exit scam of some sort, however it certainly is possible that something like this happens; in any case you are most likely best off by trying too compound your coin with your own hands. It is extremely tough, near impossible, to find someone that will auto-pilot your money into more money long-term with consistency. If all you do is hold onto your coin, the daily interest just off the price spikes is enough to be very happy with; where as the coin you could potentially lose to an exit-scam (or a hack for the matter) done by (or to) some seemingly reputable company that has been operating for a year or more would be devastating and nullifying.

My vote is to stay away, hold onto your coins under exclusively your own control and if you feel like you'd like to earn coin from your coin look into trading on an exchange or when the dust settles on the price of bitcoin you can consider lending with collateral to members on this forum.

[soham]

I found this website a couple days: https://freebitco.in/?r=10753095
I was wondering if it was smart to put it into this daily interest thing that they have? I'm not sure, but so far it doesn't look like a scam.

First of all, please remove your referral link because it is not allowed here in this section. Secondly, avoid any website who offers you interest on your bitcoin deposit. They are called ponzi websites and they are all scam. Till date I didn't find any legit ponzi website. You will receive interest for initial couple of days but eventually they will run away with your money. So you will loose a major percentage of your deposit in no time. Also you can't get hold of them once they run away with your money. So stay away from any such websites for your own safety.

[aoluain]

I didnt follow the linj you posted.
There are a couple of things to consider like if its too good to be true,
It usually is! you are giving your coins to someone and they give you a
portion of them back over time. If they decide to dissapear when they
have enough deposits there is nothing anyone can do.

Also if you are depositing bitcoin in $ format or LTC in $ format and
receiving then back in $ value you are loosing out because in the current
climate your coins will grow faster in your wallet than the interest rate
you get from these sites.

[Chris314]

Your link sends to freebitco.in, a trusted faucet so far. I use it also to earn a few satoshis from my deposit there, and I don't think it's a ponzi as they invest our money in mining, as explained.

[nc50lc]

I found this website a couple days: https://freebit-snip-
I was wondering if it was smart to put it into this daily interest thing that they have? I'm not sure, but so far it doesn't look like a scam.

If you're just starting or just have a lot of time, yes.
You can play with a couple of satoshis you gain there in the lottery for a fraction of chances of winning.
Win-win, you don't need to deposit to join their lottery.

Not to mention buy I'll say it anyway, there must be a couple of accounts there that won the lottery but are inactive or was left by the user (inactive account with referrals are still getting tickets from their recruits), that's what giving the site more balances to operate. ~Smart-ass.

-edit: removed quoted referral link-

[Egoitss]

If site pays more that 20% year be cautious, if it pays daily interest of 0,1% and up ru as fast as you can.

[plr]

I found this website a couple days: https://freebitco.in/?r=10753095
I was wondering if it was smart to put it into this daily interest thing that they have? I'm not sure, but so far it doesn't look like a scam.

If you are comfortable with your investment and you will not be disappointed if ever it close shop and you still haven't get your investment, then take a risk the only hyip site I've known that has a long run is bitconnectcoin but I don't know if that site can compete with Bitconnectcoin.

[Emoclaw]

Freebitco.in is one of the most trusted Bitcoin-related websites to date and the interest rate they give is nothing that resembles a HYIP or scam site.
They have been around for a very very long time and have been offering this interest thing for 1-2 years now.

For those who don't bother doing any research and just want to increase their post count by giving generic advice, the interest rate is just about 4% yearly.
They're very transparent about what your money is being used for and how they're able to make money. But I personally wouldn't invest in them because I don't feel safe giving my money for such a long term over to a third party.

[Manchumichael]

Your link sends to freebitco.in, a trusted faucet so far. I use it also to earn a few satoshis from my deposit there, and I don't think it's a ponzi as they invest our money in mining, as explained.

Yes, they are trusted sites but they are investing our money in mining but if something goes wrong then don't know how they will pay to all members. Since bitcoin prices are so high I will not take such risks to keep my coins in any third party control for such a small percentage of profit. Even though they are not Ponzi scheme I suggest don't keep more coins in their wallet.

[jaylhynne018]

I found this website a couple days: https://freebitco.in/?r=10753095
I was wondering if it was smart to put it into this daily interest thing that they have? I'm not sure, but so far it doesn't look like a scam.

i think its different to our decision its not bad if you put your bitcoin to daily interest website but if you are not in lucky you are going from the top again so in my opinion its better to hold a bitcoin than put it in any website!