Which crypto investment have you tried out?

[Bitcoinpoly]

I understand actually but it depends on the CEX you’re using, I once posted an article on how to choose your choice of CEX and another thing is “Do not base your investment on people’s opinion or advice always DYOR”

So why are you talking like you have not done your own research? Because if you have done your own research, you will know how centralized platforms are not advisable for staking or investment.

I will advice you to stake on noncustodial wallet instead, if you want daily APR return.

Staking on noncustodial wallet has been in existence since and it as proven to work in Ponzi format as a lot of friends lost money there already. This isn’t an argument anyways, you choose the right CEX and you’re going to enjoy CEX investments.

Like seriously,one can stake on a noncustodial ? Nah.. I can see that you are so carried away with the stake thing on CEx. You cant loss your bitcoin when it is in a noncustodial wallet which only you have the keys to. When you are greedy and looking for money where you don't want to work or invest on,you will end up losing what you gat. It isn't safe to keep your coins on a Centralized exchange,much more of staking your coins there. The possibility of you losing your coins is 50-50. I hope that this topic is about bitcoin and if it is not,I will advise you to move this thread to alternative cryptocurrency board. Invest wisely and don't be decieved with high APR.

I think you need to do more research! You can stake on non custodial wallet!

I understand actually but it depends on the CEX you’re using, I once posted an article on how to choose your choice of CEX and another thing is “Do not base your investment on people’s opinion or advice always DYOR”

So why are you talking like you have not done your own research? Because if you have done your own research, you will know how centralized platforms are not advisable for staking or investment.

I will advice you to stake on noncustodial wallet instead, if you want daily APR return.

It seems that he understands the risks of staking on centralized exchanges and he has taken the risk to achieve the amount of return he deems worth the risk he is taking.  I am neither for nor against as long as he has done the research and is willing to take the risk of leaving his assets on those centralized platforms.  it is the choice of each person.  for me, if we want to make profit every day then we should learn about trading.
If it's a long-term investment, just hold it in a non-custodial wallet.

This is a good point of view.

l don't think investing in a centralized platform is a good idea, as there is a high tendency of big risk and losing money. Majority of the centralized investment platforms are not trustworthy according to very reliable source. As for me, l have invested in bitcoin in a decentralized platform and made reasonable gain, and l' m still into it currently.

The same way have invested in some centralized exchanges, and to the best of my knowledge it is profitable.

You can try it on Binance, KuCoin, and several other exchanges. That can be a way for you to generate a decent return but it will depend on how much amount you use. But that is if you are okay with the risk because holding on to an exchange comes with risks. Not your keys and not your coins.

Oh cool, have you tried it there?

I've tried BTC, XRP and cardano. Think to try ETH

It’s a good one though, did you use CEX or DEX

If you are just holding your asset in a centralized exchange it's a big no because it's their coin, not yours because you don't have a fully authorization with your asset still there's a limit on this access, instead if you are just holding your coins better to use a hot or cold wallet, the essence of the crypto is the anonymity but because of this kind of services of being convenient the centralized platform removes it, you can get an idea here with GazetaBitcoin content related to the things I'm talking about 12 years later and people still don't know to use Bitcoin nor what it's good for. Also take care with different projects and hype better to make sure those investment you are joining is reliable and brings you a profit and not get honeypot.

Good insight and definitely CEX are not bad.

I only tried to invest in casino bankroll in few years ago, but now I already leave any centralized platform.

Banks are regulated by the government and there's an institution willing to give an insurance in case the bank went to bankrupt, bur as a Bitcoin enthusiast, centralization isn't never been safe. While Binance, Coinbase, Kucoin, DEFI etc aren't regulated, if their exchanges went to bankrupt, it's over and there's no such insurance. Just like FTX bankrupt, the punishment is SBF going to jail, that's it.

Don’t do casino, flexible trading is okay. Bitget is okay for flexible savings.

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[Aikidoka]

To be honest, I don't trust exchanges that much to let them hold my bitcoin for the long term. You don't have control over their keys and if something were to happen to the exchange you could potentially lose all your money since you're not holding the bitcoins in your personal wallet. It's similar to banks, when you deposit money in a bank, it doesn't guarantee absolute safety. I mean I know banks are generally secure and even if something happened to the bank, you could probably recover your funds but when it comes to bitcoin, if someone were to steal your bitcoin there's no way to retrieve them.
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Regarding crypto investments, I only prefer to invest in bitcoin. Almost all of the funds I've dedicated to investment are used to buy bitcoin. I do have a small amount of other crypto but I don't pay as much attention to them compared to bitcoin.

[lizarder]

Tell us your crypto investment let’s learn from you and tell us which platform you used. Personally have tried out flexible savings; flexible savings gives opportunity to make passive income everyday on your savings based on the percentage allocated to the savings you subscribed for. Also there are APR savings on each newly listed tokens upto and more than 100% depending on how the event goes, these are opportunities you can get if you use flexible savings. Basically this feature is only available on CEX

I have never tested any platform that offers benefits to their users because my focus is not on things that are given away for free stuff. So what I get is that we are required to spend money if we want to get the expected benefits. About any token you might want to elaborate on and I think it's dangerous when beginner try to use your pattern, because there is a lot of risk in it and besides your post placement is on the beginner board so there are lots of beginner who might browse.

So if you don't explain in detail the purpose of the posts you make, it will have a chaotic impact on readers who are still beginners. I would suggest doing some research first as it can be quite dangerous when beginners try their luck on a new coin. To be fairer, I would say it's best to collect bitcoins in a personal wallet, not put them on any centralized exchange and avoid placing assets on centralized exchanges even if you're lured by free tokens or whatever which are given.

[m2017]

Tell us your crypto investment let’s learn from you and tell us which platform you used. Personally have tried out flexible savings; flexible savings gives opportunity to make passive income everyday on your savings based on the percentage allocated to the savings you subscribed for. Also there are APR savings on each newly listed tokens upto and more than 100% depending on how the event goes, these are opportunities you can get if you use flexible savings. Basically this feature is only available on CEX

Investing in bitcoin to store in centralized exchangers is like giving a pie to the first person you meet to get small cookies every day with his promise that someday he will return your pie. Why risk something big for the sake of getting little things?

To buy crypto currencies, you can use any platform that offers favorable conditions, but for storage - you can't use (especially for a long time) any of the existing platforms. Of course, if you are not an enemy to yourself.

To be honest, I don't trust exchanges that much to let them hold my bitcoin for the long term. You don't have control over their keys and if something were to happen to the exchange you could potentially lose all your money since you're not holding the bitcoins in your personal wallet. It's similar to banks, when you deposit money in a bank, it doesn't guarantee absolute safety. I mean I know banks are generally secure and even if something happened to the bank, you could probably recover your funds but when it comes to bitcoin, if someone were to steal your bitcoin there's no way to retrieve them.
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Regarding crypto investments, I only prefer to invest in bitcoin. Almost all of the funds I've dedicated to investment are used to buy bitcoin. I do have a small amount of other crypto but I don't pay as much attention to them compared to bitcoin.

Centralized exchangers and banks have a direct analogy, therefore, using them is accompanied by the risks of being left without your deposit. They pay (may pay) interest for holding money (crypto currencies) on their platform / bank, but it's similar to that pie analogy above.

Your investment scheme can be called classic. Only very risky and desperate people will adhere to the reverse scheme: most of in altcoins (shitcoins), less in bitcoin.

[Mr.suevie]

Tell us your crypto investment let’s learn from you and tell us which platform you used. Personally have tried out flexible savings; flexible savings gives opportunity to make passive income everyday on your savings based on the percentage allocated to the savings you subscribed for. Also there are APR savings on each newly listed tokens upto and more than 100% depending on how the event goes, these are opportunities you can get if you use flexible savings. Basically this feature is only available on CEX

My first on thought on this was what if something happens to the particular CEX involved in this type of savings you are proposing. If it's one thing I have learnt here in this community is that CEX are actually not the best place for any real time investor to actually save his or her coins so talking about all this particular saving method that are particular found in CEX is definitely a no go for me .

[_act_]

@Bitcoinpoly, you do not need to keep on posting without any other people posting. In this case, all you just have to do is to quote posts you want to quote one by one and have it all on a single post.

32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed.

so talking about all this particular saving method that are particular found in CEX is definitely a no go for me .

Not only that, also that the staking on CEX can be lower. You can compare the stake APY on noncustodial wallet and those of centralized exchanges and you will notice what that I am talking about.

[Bushdark]

Tell us your crypto investment let’s learn from you and tell us which platform you used. Personally have tried out flexible savings; flexible savings gives opportunity to make passive income everyday on your savings based on the percentage allocated to the savings you subscribed for. Also there are APR savings on each newly listed tokens upto and more than 100% depending on how the event goes, these are opportunities you can get if you use flexible savings. Basically this feature is only available on CEX

My first on thought on this was what if something happens to the particular CEX involved in this type of savings you are proposing. If it's one thing I have learnt here in this community is that CEX are actually not the best place for any real time investor to actually save his or her coins so talking about all this particular saving method that are particular found in CEX is definitely a no go for me .

The Centralized exchange might not be a good place to leave our coins or keep it because of tbe security that can be hacked by hackers taking away investors funds. There are lots of lapses in centralized exchange that is why it is only good when we want to buy or sell our cryptos to fiat using peer to peer method. Those who understand the lapses in centralized exchange will always prefer using wallet where they have access to there private keys without any other person able to access it.

[Finestream]

You are saving coins on a centralized exchange, you are making a very big mistake.

Centralized exchanges means not your key not your coin, until the inconveniences are seen would be when you will know how dangerous it is to save coins on centralized exchanges.

I will prefer to hold bitcoin instead by sending it to my noncustodial wallet for me to have the 💯% control that i want.

You’re right. Saving coins in a centralized exchange no matter how flexible it is won’t do any good or benefits for you in the long run. In the end, you are making the exchange richer while on your part, you are increasing the risk of losing your coins in the long run. So never put all your trust in a centralized exchange. Save your bitcoin and have it kept into your own non-custodial wallet. That way, no matter how long you are planning to save your coins there, at least you know that no one can access it but only you.

[Rockstarguy]

I have seen many centralized platforms that offer lucrative profits from investing in some of their investment packages. However, I have not tested any of these platforms because of some experience with these centralized platforms. Some relatives lost so much money they invested in these platforms. Currently, I am keeping my coins in a decentralized wallet because I want to have full control of my investments. My only option in crypto investment is Bitcoin due to its stability and good track record. Some altcoins are too risky to invest in and many are not reliable.

From what have been experienced from the past in the centralized wallet it is too risky to invest in centralized wallet because it is not reliable. Investing in centralized wallet is like investing in a wallet that someone else also has access to the wallet key. To keep investment safe and sure is to always make use of a decentralized wallet which always one man one key.  Bitcoin is just the best to invest because of it reliability in the market and how value it is than others in the market.

[libert19]

Probably all you can think of. Have tried cloud mining, nfts/ico/memecoin investments, held funds in exchanges to earn interest, staked on PoS blockchains, ran a node, done liquidity mining, lent/borrowed in DeFi, done spot/leverage trading, done HODLing, invested in P2E games, invested in new protocols in hunt for retrospective airdrops, degen investments and some more that can't remember.

Some succeeded, some failed miserably — we are still here 

[Adbitco]

Basically this feature is only available on CEX

Which of the CEX you do you prefer using..
Basically I don't do that with exchange since you don't have the private key to your exchange account and is being controlled by them so any funds saving on cex has a very huge risk at losing whenever there is hack or maybe could be an external / internal attack and automatically this puts your funds into risk as you may not predict where you could experience lost. Just take a good example of what happened FTX investors funds were lost without recovering till date if I am not mistakenly.

Savings should be on your personal wallet where you have all power to control your funds and private key associated with your wallets. Although there is nothing wrong with making saving with cex but I am considering the risk aspect of it.

[Bitcoinpoly]

Basically this feature is only available on CEX

Which of the CEX you do you prefer using..
Basically I don't do that with exchange since you don't have the private key to your exchange account and is being controlled by them so any funds saving on cex has a very huge risk at losing whenever there is hack or maybe could be an external / internal attack and automatically this puts your funds into risk as you may not predict where you could experience lost. Just take a good example of what happened FTX investors funds were lost without recovering till date if I am not mistakenly.

Savings should be on your personal wallet where you have all power to control your funds and private key associated with your wallets. Although there is nothing wrong with making saving with cex but I am considering the risk aspect of it.

Yes I understand your point of view actually, but before choosing a CEX to use for investment of such you should have do a very good research to know how well your asset is secured with them.

[Adbitco]

Basically this feature is only available on CEX

Snip

Yes I understand your point of view actually, but before choosing a CEX to use for investment of such you should have do a very good research to know how well your asset is secured with them.

We all invest with risk we all uses centralized exchanges with accepting the risk associated with it, so have it in mind that you may encounter any difficulty at any point since none of those exchange are 100 percent guaranteed of your investment, if they are that reliable there wouldn't be a day we could have witness any bad record from exchange. We can still use FTX as a reference point, people witness some significant looses from them boiled down to their stable currency losing down against it's original amount. Anyone today using cex is at 50/50 or do I say is at a trial by error methods of investment, anything could come up at your unexpected time and periods.

[Winterfrost]

I don't consider flexible saving as a form of investment. Also, investing in Shitcoin listed on exchanges won't generate a passive income. Avoid those Shitcoin and instead, buy Bitcoin and store it in a secure wallet, not in those unreliable exchanges with poor security.