
6 Benefits of Crypto Debit Cards
Over the years, cryptocurrencies have gained tremendous traction around the world. It is estimated that there are over 320 million crypto users worldwide. Some crypto
Read our crypto blog to learn where and how to invest your cryptocurrencies to earn the best interest rates
Here, we have collected all articles about the our crypto investment strategy for 2023. All articles are about how to get the best interest rate for each cryptocurrency. We have identified a strategy that suits our goals very well.
There are other strategies including HODL on a non-custody wallet, leverage trading and more. However, in the article below we present our crypto investment strategy for 2023
No Financial Advice, Information only. Do your own research
Over the years, cryptocurrencies have gained tremendous traction around the world. It is estimated that there are over 320 million crypto users worldwide. Some crypto
We have searched out all the best Monero XMR APY interest rate accounts and listed them in this article. Since Monero XMR is considered as
We publish the best Ethereum Classic ETC APY staking rewards and interest rates. There are not many companies offering Ethereum Classic ETC interest rates on
Find the best DAI Stablecoin interest rates APY and earning sites in this article. DAI is the largest decentralized stablecoin by market cap. Many people
In this review, we cover ChangeNOW, where you can instantly exchange more than 450 cryptocurrencies and 65 fiat currencies with no KYC requirements. ChangeNOW is
CoinRabbit is one of the best crypto lending and borrowing online platforms. Here, you can deposit your savings and earn some of the best crypto
There are not many crypto exchanges offering stock trading but we have found the best ones and we list them with pros and cons. Make
Here we explain and review the Kucoin Earn feature on the Kucoin crypto exchange. With Kucoin Earn you can earn passive income by lending but
This Coinloan review 2022 focuses on Coinloan interest rates for earning yield on your cryptocurrencies as a lender. Coinloan is a peer-to-peer lending platform available
We publish the best Fantom FTM interest rates and staking rewards. Here, you find information about where to deposit to earn the best crypto yield
This Mycointainer review 2022 goes through the masternode staking platform in terms of staking rewards and more. Mycointainer offers a great opportunity to earn passive
We present how to earn the best 1Inch interest rates and staking rewards. Compare the highest APY to earn more yield on your cryptocurrency holdings.
We focus on staking ETH 2.0 and if you can buy, sell or trade when you have staked your Ethereum ETH coins. We have listed
Find Kusama KSM best interest rates and staking rewards in this article. In addition, you find where is the best place to buy Kusama KSM.
This article focuses on earning Zilliqa ZIL interest rate and staking rewards. Also, you will find information about what Zilliqa is and where is the
No Financial Advice, Information only. Do your own research
As we see it, there are several different crypto investment strategies. We have chosen to go with the invest and HODL strategy to earn crypto passive income.
There are other investment strategies, some examples are
It´s important to look for the best interest rate if you apply a similar crypto investment strategy as us.
Why?
You might think that 4% or 6% interest rate doesn´t really matter. However, make a calculation over 10 years, 20 years and 30 years to understand and visualize how much this will impact your total crypto holdings over time. We have made a calculation and graph in our article about the best USDT interest rates.
At the same time, it´s important to not forget how important security is. You don´t want to get your cryptocurrencies lost due to a hack, bad business, scam or any other reason.
When we are talking about this, you must understand and manage a diversified crypto portfolio. Read more about crypto risk diversification VS over diversification.
It´s very important to weigh in how the crypto tax will impact your crypto investment strategy.
Pure technically, the tax can ruin your crypto portfolio if you don´t manage it appropriate.
For example, in Sweden you have to pay 30% tax on all gain but you can all deduct losses up to 70%.
Calculation
It´s very important to understand and manage the risks with crypto trading.
How can you manage your risks?
We have used a diversification strategy.
It means that we don’t invest everything in one cryptocurrency and we don´t hold all our cryptocurrencies in one wallet.
On top of this, you can dollar average out in an uptrend and average dollar in during a downtrend. Here, a lot of psychology and timing comes into play and this strategy can be hard to manage if you are a newbie.
The best tip you can get is to create a strategy and follow it, but market movements will probably affect you anyway.
Diversification is important since it will reduce the risk that your crypto portfolio is completely lost due to a hack or business failure.
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