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Have you ever made money from Bitcoin?

balkrishna

Published: 14 Jul 2017 › Updated: 14 Jul 2017Have you ever made money from Bitcoin?

Have you ever made money from Bitcoin?

One of the most reliable tools in my cryptocurrency investing toolbox is lending on the xcoin exchange. It's the old-faithful, slow-but-steady, go-to champion of my passive investment strategies. And it's an answer to the age old question: if you have a large amount of Bitcoin or some other cryptocurrency lying around, what can you do with it? Make more of it, of course!

The last couple months, BTC lending rates (to give one example) have typically been between 13–15% . Yes, that's right, That doesn't seem like much on first glance, but it adds up over time.

I am quite content with 13% per year. Unless you're an expert trader (I'm a crappy trader and not afraid to admit it) this is a much safer way to make money than trading, and still way more than you would get from holding your money in a bank. Plus it's less work than analyzing charting patterns and watching trading positions all day long.

Initially I started with 0.5 BTC, but now my portfolio is more than 3 BTC.

Note: I'm not advocating using 100% of your funds for lending, that would be a terrible idea. Lending Bitcoin(https://xcoins.io/investors?r=1vxzhz) is just one component of what should be a balanced investment approach .

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I am a Crypto Trader and just Love Blogging, I have been Buying and Selling Crypo for last 1 Years, I am Familiar with most of the Altcoins .

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