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Author Topic: Earning interest on cryptos  (Read 482 times)
TalkStar
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May 22, 2019, 07:08:23 PM
 #21

Yeah why not, crypto currency world is the best earning option for them who have enough skill, patience and experience. Choose some best coins with strong background and hold them for the best time. At least this is gonna keep you free from being scammed. If you like this way then purchasing and holding bitcoin is the best option what i have learned from my little journey with crypto world. You could get your answer by researching last 6 month bitcoin growth chart too.


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jerry0
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May 23, 2019, 06:53:25 AM
 #22

I know with waves, you get waves when you lease them but you get very very little.  But that counts as interest right?


What other coins allow this?
ifte104
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May 23, 2019, 08:05:04 AM
 #23

It is not safe at all because they are not regulated. They can do exit scam smoothly.

There are also some sites like them who would pay 100% in a week. They are called HYIP. They will do exit scam sooner or later. Sometimes, many exchange website also does an exit scam. So, It's better to keep your coins in your own wallet. All coins are better than those 5%-10% interests.
Lucius
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May 23, 2019, 08:20:24 AM
 #24

I know with waves, you get waves when you lease them but you get very very little.  But that counts as interest right?


What other coins allow this?

Regarding WAVES, you can only lease them to pool and get some interest for that, but they stay in your wallet all time so there is no risk that somehow you may lose them. It is completely different when you send your coins to some site, at that point there was no more control over your private keys.

For other coins which allow to get some extra coins you should look at proof-of-stake coins. With such coins you can mine / validate blocks just by holding coins in your wallet, and you will be rewarded with some extra coins - rewards will be depending on how much coins you have in wallet and time you run that wallet.

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numbersgame
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May 23, 2019, 03:50:44 PM
 #25

It is not safe at all because they are not regulated. They can do exit scam smoothly.

There are also some sites like them who would pay 100% in a week. They are called HYIP. They will do exit scam sooner or later. Sometimes, many exchange website also does an exit scam. So, It's better to keep your coins in your own wallet. All coins are better than those 5%-10% interests.
Same as P2P lending. Sure, you may get a small interest but what is the risk of using the platform?
Mehr Sher
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May 23, 2019, 03:51:32 PM
 #26

Frankly speaking, I am not in favour of this at all. I feel there is so much to gain in other ways. I would say Lending Platform are good options. We can even just save it with how current market is going, it will still help us get benefit, so there are just so many things that we can do and benefit from as well. Ultimately our attempt should be to go for something that’s safer, simpler and easier to work through. It’s all that is needed for us.
TheHas
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May 25, 2019, 08:20:30 AM
 #27

This question is coming up a lot lately on earning interest or a 'passive income' from crypto.

There are a couple options that I or someone I know have used. These are dharma io and cryptocom.

In particular, cryptocom since a lot of people hold bitcoin. You can deposit for 3 months for around 8 percent p/a equivalent return (so 2 percent profit after three months).

dharma is good for ETH or stablecoin DAI. In particular DAI was getting something like 14 percent p/a equivalent return for a while.
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May 25, 2019, 09:20:05 PM
 #28

It will take years to break even so before that there is all that time they can run with your funds. What can you do if they do that?
If there was a safe way to do it then I would. Then the owners would use that crypto to invest to make the return for us. SO far there not relly safe places like that.

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