How to keep Bitcoin while getting benefits

[Irenerty]

If Bitcoin reaches 1 million and I hold a lot of Bitcoin in my wallet, how can I get profit without selling Bitcoin?
I use a certain percentage of the current price of BTC as collateral to obtain a loan and earn interest. If the price of Bitcoin doubles, can I get the loan again?
How to keep the bitcoin while getting the initial investment income?

[NeuroticFish]

If Bitcoin reaches 1 million and I hold a lot of Bitcoin in my wallet, how can I get profit without selling Bitcoin?
I use a certain percentage of the current price of BTC as collateral to obtain a loan and earn interest. If the price of Bitcoin doubles, can I get the loan again?
How to keep the bitcoin while getting the initial investment income?

Think to bitcoins like they'd be physical coins in your hand (if you bought them). And then think again to your questions.
Basically:
1. If you want to not sell, the only way to get some interest is to give your coins to a custodian service. They won't be in your hand any longer and that's quite a big risk.
2. Interest is again something a custodian business may give and every business has its own rules. I don't know how those services will run when Bitcoin will reach 1M.
3. If you want to cash in the initial investment you either sell some of the coins, either get money from [1] or [2]. But if you are not careful enough you can easily end up without any interest and also with your coins lost/stolen.

Not your keys, not your coins. Keep your coins safe in a cold storage or hardware wallet and sell some small % of them now and then when the price gets really high. Imho that's the proper way to do it although it means that your stash will decrease in time (as number of BTC/Sat)

[Ararbermas]

If Bitcoin reaches 1 million and I hold a lot of Bitcoin in my wallet, how can I get profit without selling Bitcoin?
I use a certain percentage of the current price of BTC as collateral to obtain a loan and earn interest. If the price of Bitcoin doubles, can I get the loan again?
How to keep the bitcoin while getting the initial investment income?

if you're using mulit wallet such trust wallet or any wallet that has swap features, perhaps you can dump your profits without selling the entire amount of your bitcoin, but there's a lot of process for it for sure. Unlike here in my country that theirs a coins.ph wallet wherein you can easily convert bitcoin into fiats and any amount you want is ok. 

[TheUltraElite]

If you are not selling your bitcoin and keeping them in your personal wallet you will not be getting any profits/benefits.

However, let me clarify some facts here.

If you are storing coins in your desktop wallet like Electrum at least you can be assured that you still control its private keys. While some wallets allow staking, they are mostly website based wallets or at least need you to "lose access" to your private keys. This is the risk you need to take in order to be able to get those "benefits" that they give you, like lending those coins for a profit.

But I am still not convinced with some third party lending out my coins. I would rather set up my own money lending business and keep it P2P. It has more risk but at least I know who I am lending to.

Finally, if are you making this thread to know about wallets that allow you to stake, please think twice (thrice or more) before giving away your private keys to another website. We have made many scams and hacks before and still people do not learn this.

[noorman0]

If Bitcoin reaches 1 million and I hold a lot of Bitcoin in my wallet, how can I get profit without selling Bitcoin?

You have to manage it and you have to deal with other people. This means, even if you don't intend to sell, you have to let bitcoin be in someone else's hands for a while. It sounds risky but that's the consequence.

I use a certain percentage of the current price of BTC as collateral to obtain a loan and earn interest. If the price of Bitcoin doubles, can I get the loan again?
How to keep the bitcoin while getting the initial investment income?

Does that mean you guarantee your BTC to get a loan based on fiat coins or stablecoins?

On a typical loan platform, your collateral will be locked and no platform (afaik) accepts volatile collateral for a stable value (it's too risky). Even though it will be there, instead of increasing the loan amount, when the btc reaches $1M you would most likely not redeem your collateral again.

[Liamttw]

I use a certain percentage of the current price of BTC as collateral to obtain a loan and earn interest. If the price of Bitcoin doubles, can I get the loan again?

On the loan and pledge platform, BTC is used as collateral to obtain loans. Many lenders require you to keep a certain percentage as collateral. This means that if the BTC rises, you can withdraw part of it from the lender. Conversely, if the price drops, you need to provide more BTC to the lender to maintain the loan-to-collateral ratio.If you cannot maintain it, you may be liquidated.

[Coin_trader]

The best way to earn passive income while holding your is through staking it but be careful on the platform you will use as @neuroticfish already explained above. The safest custodian wallet that offers staking is Binance and you can have some good APR there by just staking it. Just setup a good security measures there and pray that Binance will not gonna run(Very low chance).

[semobo]

If Bitcoin reaches 1 million and I hold a lot of Bitcoin in my wallet, how can I get profit without selling Bitcoin?
I use a certain percentage of the current price of BTC as collateral to obtain a loan and earn interest. If the price of Bitcoin doubles, can I get the loan again?
How to keep the bitcoin while getting the initial investment income?

You can stake them to get small returns but you are not going to get the real profits without selling your assets, you should sell if you want to make profits or just keep HODLing for more profits than current range. Or you also can sell part of your asset to make some money which is required for you at the moment.

[Karish2return]

The best option according to my opinion is of staking them, then only it will give you profit without selling them but the staking should be in that way that id is trusted completely otherwise you will lose it.

[buwaytress]

Good answer in the first response already. Everyone tells you about lending and giving your Bitcoin up as collateral but you lose custody.

And if you think about it, that sole custody you get keeping bitcoin on your own wallet, is the extra benefit you have. Seecurity in the certainty that it will always be yours.

You want to recoup initial investment? Sell the coin you need, lock that fiat in bank protecting you with a state deposit guarantee scheme, and you are good.

There will be a fallout from defi and lending platforms when the boom cycle ends. You do not want to get caught in that maelstrom.

[tbct_mt2]

If Bitcoin reaches 1 million and I hold a lot of Bitcoin in my wallet, how can I get profit without selling Bitcoin?

1 Bitcoin is 1 Bitcoin but you don' get any profit if you don't sell your Bitcoin. You can see your balance rises in value but you don't get it actually if you don't use your Bitcoin to buy anything or don't sell it. In the future, you will have more options to use your Bitcoin for many things in life and don't have to sell it to fiat.

I use a certain percentage of the current price of BTC as collateral to obtain a loan and earn interest. If the price of Bitcoin doubles, can I get the loan again?

Loan is bad and if you are bad in risk and liquidation management, you collateral will be liquidated and you will lose your Bitcoin.

How to keep the bitcoin while getting the initial investment income?

You can lend your Bitcoin on exchange and gains interest from it. However, it is not too good because the worst advice is store your Bitcoin on exchanges.

[stomachgrowls]

If Bitcoin reaches 1 million and I hold a lot of Bitcoin in my wallet, how can I get profit without selling Bitcoin?
I use a certain percentage of the current price of BTC as collateral to obtain a loan and earn interest. If the price of Bitcoin doubles, can I get the loan again?
How to keep the bitcoin while getting the initial investment income?

how can I get profit without selling Bitcoin?
-Cant be called profit until you do make out conversion or securing it.If you do tend to hold then consider those are presumpt profit.

 If the price of Bitcoin doubles, can I get the loan again?
-No you cant

How to keep the bitcoin while getting the initial investment income?
-Just keep in mind that it wont really be considered profit until you do sell it.

[passwordnow]

If Bitcoin reaches 1 million and I hold a lot of Bitcoin in my wallet, how can I get profit without selling Bitcoin?

You don't profit if you don't sell. But if you want to acquire what you've sold then you have to buy back at a lower price. It's the only thing that you can do but you have to sell bitcoin at some point and get them back again.

I use a certain percentage of the current price of BTC as collateral to obtain a loan and earn interest. If the price of Bitcoin doubles, can I get the loan again?

That depends on where you've taken the loan, there's a contract and negotiation for that so you need to check all the rules before doing that plan you have in your mind.

How to keep the bitcoin while getting the initial investment income?

Going back with what I've said, you have to include and still do selling.

[ipanks]

If Bitcoin reaches 1 million and I hold a lot of Bitcoin in my wallet, how can I get profit without selling Bitcoin?
I use a certain percentage of the current price of BTC as collateral to obtain a loan and earn interest. If the price of Bitcoin doubles, can I get the loan again?
How to keep the bitcoin while getting the initial investment income?

You will not profit without selling bitcoin but if you loan your bitcoin and earn interest, you can increase your bitcoin amount. But if you are not selling your bitcoin, your bitcoin will remain as bitcoin.

If staking is your choice, you can use the exchanges, send some bitcoins to your account and lend it to traders and earn interest from that.

So I suggest you sell your bitcoin at a high price and buy it again when the price drops. That will give you a chance to have more bitcoin amounts than before. That will be your choice, which way you want to take.

[rhomelmabini]

If Bitcoin reaches 1 million and I hold a lot of Bitcoin in my wallet, how can I get profit without selling Bitcoin?
I use a certain percentage of the current price of BTC as collateral to obtain a loan and earn interest. If the price of Bitcoin doubles, can I get the loan again?
How to keep the bitcoin while getting the initial investment income?

If you buy right now and Bitcoin reaches a million dollar in value then you'd already in a lot of profit, don't be that greedy. You won't get any profit if you just let it stay, of course, the only way is selling it to profit. You should probably asked a financial advisor rather than getting an idea randomly.

If you want a loan best not to use a volatile asset collateral such as Bitcoin, it's too risky.

So I suggest you sell your bitcoin at a high price and buy it again when the price drops. That will give you a chance to have more bitcoin amounts than before. That will be your choice, which way you want to take.

For number 3 question I tend to have a consensus with this idea. You can do the DCA method as well then wait until your initial investment gets double and left the profit you made to invest again.

[Wexnident]

You can't actually? Well, loans or financial custodians could be a thing, but really, you asking that question is like asking how can I let the money sitting on my piggy bank profit, without actually pulling it out. Additionally, giving it to financial custodians defeats its purpose ngl, why bother buying Bitcoin when you're just gonna ask others to keep it for you, profit or not. I'd honestly expect more security with fiat than Bitcoin in that case ngl. I'd up for the DCA investment style, it's what I use right now and it doesn't hit my wallet that much with all the finances and stuff.

[teosanru]

If Bitcoin reaches 1 million and I hold a lot of Bitcoin in my wallet, how can I get profit without selling Bitcoin?
I use a certain percentage of the current price of BTC as collateral to obtain a loan and earn interest. If the price of Bitcoin doubles, can I get the loan again?
How to keep the bitcoin while getting the initial investment income?

This isn't actually a new thing, rich billionaires have been doing this forever, especially ones running their companies. They hypothecate their shares to take loans for their homes and luxuries and can get it at cheap rates, they even save taxes on this because no capital gain is realized until the asset is sold. However in your case, the problem is the volatility, if the price of bitcoin falls by chance, you will be in a very bad position. Even the lender will ask you to return the loan back. But one thing I am confused in your idea, how will you earn interest?? you will have to pay interest and you will earn from bitcoin's price moving up, the difference between both will be your profit. or do you mean something else?

[ChrisPop]

Taking profit without selling? If you want to realise gains on any asset you trade, be it a commodity, stock or Bitcoin you're going to have to sell a part of it or hedge your positions with futures or options. The latter needs extensive knowledge and experience to implement successfuly. Be careful using derivative instruments. But again, you can't take profits without cutting the upside. For example if you sell futures you will lose some upside potential if Bitcoin decides to move another leg up.

I don't recommend using Bitcoin as a collateral unless it is insured/guaranteed somehow. AFAIK there is no service like this in the market at the moment, but in the future the insurance industry might adapt to cryptocurrencies as well. Keep an eye out for that.

[The Cryptovator]

Is anyone preventing you from selling your Bitcoin either you are in profit or loss? Since you are a Bitcoin holder means you know very well when you are in profit. Then definitely you can/should sell if you need cash. Bitcoin would pump or dump at any time. So hold for life, don't hold for a lifetime. You are buying Bitcoin with cash for the first time, so if you need profits then you have to sell it for cash as well.

Regarding lending, it depends on the lender. If collateral price dump then the lender would sell it in case you do not return the initial lent amount. But most likely he wouldn't increase the loan amount either price double. Because it would fall at any time and I don't think the lender will take such as risk. At least I won't take the risk if I were a lender.

[Sterbens]

If Bitcoin reaches 1 million and I hold a lot of Bitcoin in my wallet, how can I get profit without selling Bitcoin?
I use a certain percentage of the current price of BTC as collateral to obtain a loan and earn interest. If the price of Bitcoin doubles, can I get the loan again?
How to keep the bitcoin while getting the initial investment income?

if you're using mulit wallet such trust wallet or any wallet that has swap features, perhaps you can dump your profits without selling the entire amount of your bitcoin, but there's a lot of process for it for sure. Unlike here in my country that theirs a coins.ph wallet wherein you can easily convert bitcoin into fiats and any amount you want is ok. 

Maybe you mean Multi wallet.
Then how can this be exchanged for the desired nominal amount? Is your country's fiat affected by massive inflation this year?
Because, all I know is that the price of Bitcoin is based on the current exchange rate with the market price and depends on how much money your country has compared to $1, don't you think?

one more thing, regarding the swap feature, would you suggest for the OP to end the Bitcoin price? whereas what it expects is how the Bitcoin owned has income. Unlike the Staking feature on one platform, the OP must be careful because there is no security that guarantees if one day the Staking process can stop and the Bitcoin balance is lost.