Best Bitcoin rates?

RolandFlagg

It's only a small amount. I like a bit of everything in my portfolio. 1.5% is in Gold.

Malthusian

fwor said:

RolandFlagg said:

Anyway, I hold it at Blockchain.com.

I thought that the received wisdom was never to hold any coin on an exchange? Because sometimes the exchange owners do a runner with the money, or the "owner" dies (possibly) having failed to tell anyone how to access the reserves, or whatever.

Not your keys, not your coins brah.

83705628

flannel2 said:

Thanks pioruns, I'll check it out.

As for the trolls, it's an investment like any other, just high risk - it has been very lucrative for me as I bought a small amount before the 2017 bubble.

/
Not a troll, just someone who understands that Bitcoin, like gold, art, wine and tulips is not An investment at all.

83705628

RolandFlagg said:

It's only a small amount. I like a bit of everything in my portfolio. 1.5% is in Gold.

/
Gold and bitcoin are not investments so you cannot consider than as part of an investment portfolio, rather they are bets.

TBC15

Bitcoin and gold same, same, now I've heard it all. Dignitas I'd like to make an appointment. 

6022tivo

I did have a tiny value of bitcoin as change from a transaction I did about 4 years ago. 
I logged into my blockchain account and was surprised by the rise. 
I have been looking at putting a bit of spare change into one of the crypto currencies and am surprised by the resistance on here for it being a sensible investment. 

Gary1984

RolandFlagg said:

0.5% of my portfolio is in Bitcoin. Yes it's highly speculative, but it's money I can afford to lose, and it has huge possible long term upside. Cathie Wood from Ark has a small amount in Bitcoin, so that is good enough for me.
Anyway, I hold it at Blockchain.com. When you log in, they email you a link to click, then also text you a code, so it's pretty secure. They also pay 4.5% on balances, which can be withdrawn at any time. Not for everyone I know, but if you want to hold a small amount of Bitcoin then that site is my preferred option.

Surely like pretty much anything paying more than 1.5% interest this is a scam? Where does the 4.5% come from? When you deposit money with a bank it lends out your money to other people/businesses and charges them interest and gives you some of it. With shares you buy part of the company which earns you the right to some of their profits to be paid as dividends. None of that is happening here. What's the source of the 4.5%? My advice is get your money out pronto unless it's already disappeared. 

flannel2

Please, if you can't reply to the opening post, stay away or start a new thread.

83705628

I'd rather gamble, at least that's regulated properly and you know the odds.

barnstar2077

flannel2 said:

Please, if you can't reply to the opening post, stay away or start a new thread.

I think some of the regular posters are just concerned that someone coming to the board for the first time might see bitcoin related threads and think that it was a good idea to invest their life savings.  When in reality bitcoin is a bit of a gamble, and should be treated as such.  As someone who doesn't care about the success of bitcoin either way, my impression of it is that the people praising it have a vested interest in doing so, and that bitcoin doesn't offer me anything that I cannot already do in a safe and timely way (eg I can already buy goods and services with sterling online.)  No harm in putting a few percent of your wealth in gold or bitcoin though, as long as you don't rely on the results.