Meet Kevin recently made a video where he discussed his passive income strategy for investing into Bitcoin. He stated that he would be lending his Bitcoin to the Blockfi platform and earning an Annual Percentage Yield (APY) of 6%. In my opinion, this is not good advice at all since crypto was designed to get rid of middlemen and intermediaries. Centralized entities like Blockfi are being promoted by people like Meet Kevin so that he can earn an affiliate commission.
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
Join My Tech Academy: https://www.mytechacademy.io
Join My Mailing List: https://www.mytechacademy.io/youtube-channel-mailing-list-2
Donate: https://www.paypal.me/elijah526
https://www.instagram.com/CommonSenseEli/
#Bitcoin #MeetKevin #EarnYourLeisure
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
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- Bitcoin
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