First of all thank you for my warm welcome yesterday.
I need some advice and i hope some of you can help me.
Since some weeks I was reading in DeFi. Again I was surprised that I didn't see this earlier. It felt like I missed the boat again, just like buying BTC 10 years ago.
My best move I made was creating a Stxxx/Hive account years ago. This saved me from making a lot of mistakes.
I have an account with some crypto savings on Blockchain.com. To my surprise I saw that they also have the option available to earn interest.
As you can see they offer a 13% interest on USDT/Tether
In Holland the interest on a bank account is 0.01% so actually nothing.
What would stop me to put some saving money from my bank account into Tether and start earning a 13% interest?
why should i do or don't do this?
(I know the rule: only afford what you can loose)
I wish you a very nice day and hoping for some good feedback.
Regards,
Ron