Passive income for Bitcoin
Yeah, you read it right, you can now get a passive income on your Bitcoin without doing anything. Although this might sound like too good to be true it is possible with participating in an arbitrage fund. An arbitrage fund is a fund where they make profit by buying Bitcoin at a cheap exchange and selling on a price where the price is higher. Complicated algorithms buy and sell Bitcoin in milliseconds and make a profit from the diffrence in price on different exchanges.
I'm invested in an arbitrage fund for over two years where you get 11% annual interest on Bitcoin and 13% annual interest on USD. Most of the time I had my arbitrage in BTC but at the beginning of the bear market pulled out my BTC from the fund, sold it for USD on the same exchange and put the USD back in the fund for a 13% annual interest. It's only recently I changed my USD back for BTC and holding it in the fund to make more BTC. I need to admit I made some nice extra profit with this passive income. If you are interested in how this works you can freely make an account here and check it out by yourself! I also recommend you to search for reviews and do your own research. But, I never found someone complaining and I never had a problem. I could always withdraw my BTC anytime from the fund and the exchange. The same risk for this applies as for regular exchanges.
I hope this was informative for you and will be profitable in the future!
Click here to participate in an arbitrage fund
Yours sincerely,
Unknowncrypto
Anything labeled as "passive income" is always too good to be true. There is no such thing as something for nothing IMO.
If you are interesting in investing, I wrote an article about a Cannabis company I am following.
Check it out: https://steemit.com/money/@cryptomeeks/a-marijuana-stock-i-am-watching
Not if you check the fundamentals on what a arbitrage is and the big price differences in BTC price. There is no free lunch because there is some more risk involved. But for me, the risk/reward ratio is good enough. It's online for several years now and is still paying me BTC. Oh and regarding cannabis, it' one of the worst asset classes to invest in now. Valuations are going nuts and de charts look horrible. Only (future) cannabis company I had a swing in was Pyxus (out now), P/E is still attractive but chart is not looking good. I made a article about cannabis for over a year ago wen it was attractive and out of the radar (I'm short Tilray now): https://steemit.com/investing/@unknowncrypto/smart-investment-buy-marijuana-stocks-today
I shuffled through many companies and found one that was reasonably valued for a cannabis company. They have a plan for growth, have low debt, and have a growing balance sheet and income. Not just a "dotcom" company. Check it out and tell me what you think.
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