Hey Carlos
Let's talk about something crucial today, and that is "Compounding your Bitcoin".
This is an open-ended question for you and other members of the CoinSutra community. But, before I ask the question, let me set the stage for the same.
A lot of CoinSutra members are OG's or almost an OG (Original genius). They have purchased Bitcoin a long back, and safely tucked it in the comfort of a hardware wallet like Ledger Nano X.
This is great for self custody, but this is not generating any return or passive income. They are treating Bitcoin as a store of value, their retirement fund, or may be you are thinking something else.
At the same time, thanks to innovation and acceptance of Bitcoin and Cryptos, other people are doing something like:
- Using Nexo to lend their Bitcoin and earn 5-6% return in the form of Bitcoin.
- Using another popular platform called Celsius to store their bitcoin and earn 4-6% return on it.
- Using a platform like Bitrefill to buy stuff using Bitcoin
- Using a platform like Purse.io to buy stuff from Amazon
There are more uses cases, and Carlos this is where you come into the play. If you could share your tip on
"How are you compounding/growing or using your Bitcoin" or "If you are just storing them and not using at all"?
I would love to hear your answer Carlos . Hit reply, and let me know.
Let us see who can give the best answer.
This is one of those email newsletter that I send to the community once in a while so that we all learn from each other, and grow.
I am looking forward to your response.
See you in the next email.
Regards
Harsh Agrawal
Founder @ CoinSutra.com
If you are on Instagram, do join me there
How are You Compounding Your Invested Bitcoin or Are you?