How I Earn Interest on Bitcoin & Why I Returned to Nexo

[@SmartMoneywithKai]

🔵 Try Nexo, earn passive income on your crypto & get up to $35 worth of Bitcoin with my link ➡ smartmoneywithkai.com/nexo

[@ilba8855]

Kai changing his brokers more often than I change my socks 😂

[@Lipos007]

I believe he knows where the opportunity is, plus got to keep the lights running mate! I really appreciate his videos and keeping me up to date.

[@ilba8855]

@@Lipos007 me too, I'm just joking, of course

[@SmartMoneywithKai]

Haha, guilty as charged! Gotta keep those brokers on their toes-think of it as my way of keeping the finance world fresh 😆 Guess I’m overdue for a new pair of socks too 😉

[@SmartMoneywithKai]

🙌🙌🙌

[@SmartMoneywithKai]

Very kind of you, thanks a lot 🙏

[@rein2523]

The main problem with the tiers is the value of Nexo token. It's too risky to have >10% of funds in such a variable token.

[@SmartMoneywithKai]

You're absolutely right-the main drawback of Nexo’s tiered loyalty system is the reliance on the Nexo token. Holding over 10% of funds in a volatile token to access better rewards adds a significant layer of risk, especially given the unpredictable nature of crypto prices. Balancing risk with rewards is key here; for some, it might make more sense to stick with a lower tier to avoid overexposure to the Nexo token’s volatility, even if it means sacrificing some of the higher perks. So for me on Silver I feel ok 👌

[@isolatedmountain]

Nothing wrong with putting some crypto to Nexo as long as you don't put too much of your net worth there.

[@SmartMoneywithKai]

100% agreed 👌

[@GioiaTsunoda]

You're doing a fantastic job! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?

[@SmartMoneywithKai]

Thank you

[@AE-cl2nj]

Hi Kai, why did you not shift your Crypto to neverless? i Thought there your interest is higher?

[@SmartMoneywithKai]

Hi and yes, interest is high, but it's also a new platform without long track-record while Nexo stood the test of time (well at least 6 years, which were not the easiest 😉) Plus currently you can't withdraw Bitcoin from Neverless so it would not work for me. Cheers

[@tommyy__]

Great video, Nexo is always a good idea! I've been a user myself for more than 2 years now and I love my gains so far

[@SmartMoneywithKai]

Thanks a lot and great to hear that 🙌

[@vlastomaksic35]

Great video as always. BTW, what is the best way to buy etfs if you want to buy it for a lot of money. Apps, banks or something third? Thanks a lot

[@SmartMoneywithKai]

Thanks a lot, appreciate that. I use Interactive Brokers, Trading 212 and eToro and I think all 3 are great options to build your long-term investment portfolio there. Got a number of videos on those platforms on my channel, feel free to check them out. Cheers

[@abellepenye4153]

If you are in the EU I recommend Lightyear or Interactive Brokers. Lightyear doesnt charge fees if you are buying ETFs and you can buy US ETFs in Euro like VUAA. What is so great about that, is that you dont have to use Lightyear's currency converter which could be costly. Also you will be able to deposit Euros for free. So if you only intend to buy ETFs there is a possibility that you donz have to pay a dime in fees. But please make sure to do your own researche

[@lawrencer25]

Some times I dont know if your coming or going with your Philosophy 🙈🙊🙉 Been with nexo from the start and super happy 😂😂😂. With almost 6.5 Bitcoin now , spread over loads of platforms. Cant beat staking and the intrest 🥳🥳🥳🥳🥳🥂🥂🥂🥂🥂 Let's see how long you'll stay on Nexo and Etoro 🤦🏽‍♂️🤦🏽‍♂️🤦🏽‍♂️🤦🏽‍♂️🤦🏽‍♂️👻 Keep the good up and never panic.. Panic for weak people 😱🚑

[@SmartMoneywithKai]

Always nice to hear from you Lawrence, well I mostly only add not so much change. Only with Nexo did I move funds for a while, which in light of FTX collapse I think was perfectly reasonable and would do that again if I saw a major crypto bear market incoming. Apart from that I've also been with Nexo for years and so far been loving the eToro experience so would be excited to reach Diamond with them one day and get free airport lounge access 😂 6.5 BTC, wow, well done mate, that's a very solid Bitcoin stash you've got there 🔥

[@AndyRoma68]

Do you still have cryptos in the Blockchain with Ledger just as we did almost together some years ago? 🙂

[@SmartMoneywithKai]

Hi mate, yes, majority is still on Ledger & Tangem wallet, but now a bigger part back on Nexo for that sweet interest 😉👌

[@AndyRoma68]

have you considered to buy just only 100 usd of this crazy altcoins like Shiba or Pepe hoping for great uptrend following the (probable) Bitcoin jump to 100.000 or similar? For example I have 100 usd of Shiba and 100 of Pepe beacuse is very very cheap and there'n no risk I see you have BTC, USDT and no "crazy little cheap altcoins" there, that's why I'm asking

[@SmartMoneywithKai]

Hi mate, I used to do a bit of meme coin trading, was fun for a while but then not so much anymore 😂 For pepe to 100x it would reach a market cap of $333B making it more valuable than Netflix or LVMH, I would be surprised to see that happen, so I learned my lessons and keep it boring but predictable with good old Bitcoin 😉

[@AndyRoma68]

@SmartMoneywithKai hahaha ok well done but you know cryptos are crazy and something big is going to happen. My regards to wife and doggy pet, see you in Rome when you get chance

[@thei3omber]

Why don't you earn more interest with Neverless? It currently brings in 4.72% on BTC holdings. Compared to the 3.25% on Nexo, I'd say it's a lot more to rather work with Neverless than Nexo. Whats the reason, you rather prefer Nexo over Neverless?

[@Jay-bc7kh]

Incorrect. Nexo at its lowest tier gives 5% on BTC holdings. That's why it's the best.

[@thei3omber]

@ That is however only if you activate the earn with NEXO tokens or not? Since you will then get the additional 2%. However if I just want to earn with the same coin just like with all other platforms, it’s 3% then I think (2% Bonus, which would then add up to 5%)

[@SmartMoneywithKai]

Very simple, you can't withdraw BTC from Neverless so I would certainly not deposit or buy it there, plus while the offer is tempting, keep in mind they are very new and have no track-record, while Nexo with 6 years in Crypto has and I feel more comfortable with them sending significant funds there. Cheers

[@thei3omber]

@@SmartMoneywithKai On Neverless you can simply withdraw BTC or did I miss something? I see the option to withdraw BTC. Also, were you not promoting Neverless just a short time ago?

[@hunnier]

Hi

[@SmartMoneywithKai]

Hi 😉👋

[@thomasl2646]

Bad move

[@SmartMoneywithKai]

Thanks for the elaborate insight 😉