Make Your Bitcoin Work For You! Earn Passive Income

48 Comments

1. More less do you think the option with Binance? would be risky to lend out the BTC etc? or you think Binance might be the more securer option over others? considering what has happened to the others. ? eg bitconnect etc?

2. I've put my LINK coins in crypto . Com Just to freeze them for 3 monts and I m Sure I will not sell even If the price will go higher…it s a good thing to HODL alts with great potential

3. "Stack sats and chill" some of the best advice you can give a person in life.

4. what if 100% legit Cloud Mining projects with transparency runs referral system to compensate with Bitcoin, that also attending big blockchain festivals as sponsors and participation.

5. Great video. I also like Crypto.com but I don’t like the lockup for 8%. You also missed 2 things for blockfi, it’s the only platform as far as I know that has compound interest. Which makes a big difference. Also if you send them an email you can get into the beta and get the minimum lowered so you get interest on all deposits.

6. answer me this.
   Something i've been trying to figure out. Is there such a thing as a crypto GIFT CARD that could be purchased with fiat?
   Like a bitcoin card or litecoin card.. that someone just scratches off something to reveal a code and then they redeem somehow?

   we see all of these gift cards in stores we can give people for xmas and birthdays but i never see a crypto card like these.

7. first verification pending

8. HODLMAX.COM

9. Great video as always, Lark. Been using Crypto.com for some days now, and must agree that it is a super platform overall. Cobo Wallet is not so bad also, because it gives you similar sort of functionalities as Crypto.com, plus staking with an extra benefit of being a platform elegible for a lot of new coin airdops, free coins if you know what I mean.
   That for me is the only thing that is missing in Crypto.com for now. So I am using them both now… Cobo for staking and airdrops earning and Crypto.com for interest on MCO, as I applied for the Royal Indigo card, that will pay for your Netflix and Spotify for free and gaining some interest on BAT, just to try out before I send my most valious crypto there. All the best… for you

10. Hey guys im shorting from here btc will not reach 10 k this year and will go to 3k once bakkt launch next month thank me later.

11. Thank you for this video. Since it is very hard to find a reasonable (larger than 1%) returns for staking any currencies like the CDs or saving accounts, this might be an opportunity for the cryptocurrency.

12. Collaterally loaning your Bitcoin is like those car title loans. Not a good idea and no thank you.

13. I missed the best intro music in the crypto space . Good to hear

14. Any thoughts on the Amfeix fund UK ?

15. What do these companies actually do with the Bitcoin? Why can they pay an interest on it? Lending it out, to whom, what for?

16. Great stuff, you didn't cover Bitrue's service they have 7.3% return supposedly backed up to 1million USD, and I'll add to cred that their rates are locked at the date when you start, and they give you a tax form ouch! BUT they are the most compliant , they got approval state by state in the US , have multiple custodial providers and an actual legit insurance provider. Definitely worth the negatives in my opinion, because what good is any lending if the borrower takes off with your money.

17. With Brexit ?? in Europe, and the 2020 BTC reward halving, Bitcoin may be able to act as a hedge in case of currency fluctuation.

    Simple way of earning long term passive income?

18. Explain me something. How can bitcoin be the people’s money if they are manipulating it. CME futures etc…please tell me. How decentralize is it ?

19. Very interesting video ????
    I use celcius by the way and so far so good

20. Hope Nash will lauch soon and once it has btc pairs staking NEX will be an awesome way to earn some passive BTC!

21. Nice shirt ????

22. intro 10/10 🙂

23. Hey Lark have you seen AGS and AUS on Coinspot? Tokenized metal stacking yeah baby!

24. It's time for those lending services to adopt Fusion protocol as it allows you to time lock your assets and lend out those time locked assets for a certain period (e.g. from a hardware wallet). The assets will always remain in your custody, you simply don't have access to them during the time lock. When the time lock expires the assets automatically become available to you again https://medium.com/fusionfoundation/fusion-time-lock-function-2347b61d91c7
    I am using this feature myself to send time-locked $FSN to a staking pool, they can never run away with my $FSN.

25. Crypto.com only pays interest in the US. Remember you have an international audience! 🙂 Great video as always though.

26. I use Nexo and Crypto.com and I think Nexo will out compete Crypto.com in the mid to long term. Reasons: 1) Nexo will deliver the crypto card within this year. Crypto.com only gave out a few samples(after many years of waiting) 2) Nexo does not lock up your crypto. They don't care what you use as collateral, as long as there is enough on the account to cover the collateral. 3) interest on loan/lending ist credited on a daily basis, andthe 12-month credit term can be slightly extended. Which is great if you have unexpected expenses. Giving you more control of your crypto to gtfo out when needed, eg when there is a serious crash. If your coins are locked.. well your fucked. 4) you can spend fiat money without liquidating your crypto. So their card is an actual credit card, crypto.com's card is more of a debit card. Which is great for taxes. In Austria, Crypto is tax-free if you Hodl for 12 months. and 5) political stability; they are based in Switzerland. Crypto.com is in the UK and Brexit is a big fat uncertainty.

27. The thumbnail looks exactly like a beach in aitutaki, cook islands, one of my favorite places on earth

28. Only a complete idiot would do this. So you bought Bitcoin to get out of government and banker control and now you want to get back into their slimy hands?

29. I put a few LTC on Crypto.com Earn and it gives me a daily return locked it in for a month.

30. Celsius has been very solid with easy to use wallet. Happy with the rates.

31. Larkies coined phrase "Sats and chill"

32. What about whalelend.com

33. It was so nice to see and hear the old intro. Great video, thanks for continuing to serve the community with outstanding content.

34. Like Gold, Bitcoin, it doesn't mater what the price is, It always works. My dad always said, Son the harder you work the luckier you are.
    And Thats Just My 2 Satochi's

35. I use Celsius and works great for me. Because it’s so simple to use. The only downside is that interest doesn’t compound. But I think that will change when more and more lending platforms will come and compete each other.

36. Crypto.com is awesome. I get 3% cash back on the card plus I locked up a little BTC. Pays me a couple dollars worth of BTC a week. Not too bad. That said….. NOT YOUR KEYS, NOT YOUR BITCOIN! Keeping a majority of your funds in your ledger is the safest best. If you want to speculate a portion for interest however crypto.com and blockfi have been around a good while with no issues.

37. Bitcoins my pension, ain’t no body holding it beside me

38. I once thought this was a quality guy running a quality channel. But now I see that he's just a blue-pilled beta running his channel into a womans magazine. Mr. Assange would have been embarrassed.

39. I use BlockFi now for my btc. I m not planning to touch my btc's for over 2 years anyway

40. I was just telling a friend the other day who has his newly bought bitcoin with a custodian, "Possession is 90% of the law. You don't have bitcoin but only a claim to someone else's bitcoin".

41. I used Nexo to get a loan, seems pretty secure but I am nervous about parking bitcoin there,but a good feature is if the cryptos moon during the loan then you benefit from the exchange rate as well……….you can also buy more crypto with the fiat you loan so halve the risk

42. Thanks for this. There were a heap in there I had not heard of. Obviously it is risky and a lot of research must be gone into. This is a good intro though that sets the stage for further investigation. I m exploring smart contract lending for Ethereum, ADA, XRP & Link, but am so concerned about security of the contract , hacks and bugs. Another good job from the Lark.

43. Thanks for the info. For everyone, how much is the reasonable interest rate? I saw some sites that offers 3% a day which I think they are strange.

44. oh snap the old intro is back, missed that, great vid as usual lark

45. Suck it BITCOIN
    https://youtu.be/YKjrFQMqhO8

46. Its tempting, however my Ledger Nano is kind of the jealous type.. my bitcoin would have a problem sleeping outside its own warm Ledger bed so i'll have to pass Good vid mr. Davis

47. I thought I read recently that crypto.com is now insured for $100,000,000.

48. Buy bitcoins and hold them yourself – everything else is completely stupid, sorry!

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