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What is the SAFEST passive income options for BTC? Not sure which platform to trust anymore.

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by COINS NEWS 51 Views

I have been DCA'ing into BTC over the course of this year. I am bothered that my BTC is just sitting idle while every boomer currency is offering 5% yields. I acknowledge that there are always risks but what are the safest ways to earn at least some kind of passive income off my BTC? Focus on SAFETY.

When I Google the issue, most responses seem to be from the previous bull run when everyone was offering a some yield. Most of these articles are over 1.5 years old and don't take into account the dubious information that emerged during this bear market. This is my first crypto winter, and the sheer number of names mentioned (like Binance, Cosmos, Anchor, and other DEXs) is overwhelming. That's why I'm turning to you, fellow moon-holders, to see which solutions seem safest in your opinion. Based on your suggestions, I can conduct more in-depth research to see if any match my risk tolerance.

I'm extremely cautious about experiencing another FTX-type incident, which is why I'm currently DCA'ing through Coinbase Pro and transferring most of the funds to my Trezor.

submitted by /u/Maikuboy
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