Make your capital work for you

in hive-175254 •  5 years ago 

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I believe it's ages since I didn't get any real interests on the money on my bank account. The old truth that says "let your money work for you" simply is not true anymore. Of course you can invest in shares or bonds but even there it is not so easy to make a return on your investment.

The crypto world allows us to make our capital work for us

When you post articles on this blockchain you can get upvotes and earn rewards. Did you know however that if you do not cash out your earnings, you can actually earn on your Powered up capital? It's possible to get up to 14% return on your capital simply by upvoting content and get curation rewards. But it's not the only possibility in the crypto world where you can have a return on your investment.

The same is true for example of certain Hive/Steem tribes. There are only a few out there but with them your capital actually grows. For me these tribes are Leofinance.io and Ctpalk.com.

Staking coins

It is also possible to have a retun on your coins with staking. I'm staking Tron with tronscan and I get a very intersting return on this investment. There are many coins that offer staking returns and now even big exchanges offer it in a simplified way.

Getting interests on crypto

I've also found quite trustworthy ways to get interests on bitcoins and every day I get around 100 satoshis interests from several sources. It's not much but it encourages me to let my crypto fortune grow.

Instead of cashing out your crypto, find ways to get a return on your capital. In the crypto world you can still let your coins work for you!

In the description of one of his videos my friend @ph1102 said something very interesting: "It is now the moment to push forward"

We should push now so that we can put capital aside and let this capital work for us in the long term.

by @achim03

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A project run by @achim03

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@happyvoter compounding is a very good funda to earn money in the crypto world.

Yes, it offers amazing potential. Thanks a lot for your comment!