Is there a way to make interest on bitcoin like P2P lending?
>>1649531
I think you can lend BTC on Poloniex for margin trading.
>>1649531
there are many ways to do this, investing in cloud mining and lending, but even a fucking ponzi is more likely to return your coins than some nigerian prince you lend them to.
>>1649531
you can lend it on exchanges like Poloniex. But you would be effectively partaking in usury, which is a mortal sin, so I don't suggest doing it.
>>1649531
Poloniex, but don't expect to make much. The rates are incredibly low.
>>1650019
yeah bitcoin is in bull borrowing is expensive in a bear.
>>1649531
Glad this thread got started.
The risk of lending on poloniex is that your entire investment can disappear if the exchange goes belly up. The rate for lending is 5% APY (which is more than some dividends) lended out 2 days at a time. It is a bit like running in front of a steam roller to pick up some easy pennies. Don't put more money on polo than you're willing to lose, $2,000 isn't a suicide-worthy amount of money imo.
You can lend other coins as well, ETH, XMR. So you get capital appreciation + increase in amount of coin, so your money goes up exponentially instead of linearly.
>>1650208
if you do a hyip like biteminer the it has 500% return on a year, they also have 10% extra hashpower for the buck currently.
https://biteminer.com/index?r%65f=62907
i have doubled my investments at hashocean and now about to double them again on biteminer in a few days. and in the meantime bitcoin price increased a 100% so i octapuled my initial investment.
i don't think you should put your life savings into hyip tho. not worth the risk.
Ethereum got hacked how is this going to affect Bitcoin?
Is trading altcoins easy? Or it's incredibly hard and unreliable?
>>1650238
easy but the same rules apply as to any online brokerage.
the only one that makes money on the trade is the one running the software and skimming the transactions.
>>1650224
People like you are the worst scum on earth. I guess your life must be miserable.