Crypto Passive Income | Bitcointalksearch.org

rodskee

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Quote from: svgisawmn on June 19, 2023, 06:52:42 AM

Hey guys!
Have you ever had experience with earning passive crypto income? It's quite interesting subject but I need to be Sure where to put my money cuz there are many platforms that just bankrupt and users never get their money back

Would be grateful to hear your experience!

I should have say Invest in Bitcoin but since you are posting here in altcoin then best to invest
also in such a coins like other coins in market but there is no assurance of Money back but if you are willing to keep
Holding your funds then you will surely get what you wanted to attain here .

Quote from: HunterBTC on December 25, 2023, 03:01:10 AM

Crypto cannot always be an arrow, with calculations that are calculated on an uncertain time scale, Crypto will not be able to become the main job, but if we have good luck, it will be able to become the spearhead that produces coffers of currency.

Maybe this is why he asked generally so this is not just about crypto but all options he might get
to gain that passive income but for me Investing is the only way that I can give her or else Staking coins that will
provide generated profit in certain time.

batang_bitcoin

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Quote from: merekamo on January 14, 2024, 09:11:02 PM

Quote from: svgisawmn on June 19, 2023, 06:52:42 AM

Hey guys!
Have you ever had experience with earning passive crypto income? It's quite interesting subject but I need to be Sure where to put my money cuz there are many platforms that just bankrupt and users never get their money back

Would be grateful to hear your experience!

for OP I have question, maybe OP need passive income per month or not for long time?. but for my oppinion, crypto is not passive income because it tends to be unpredictable and uncertain too. If you want to generate passive income, try a content creator, for example YouTube.

It will be passive once you make the content already published and I agree that it is passive but you have to make some efforts and it will take a long time until you see that it's profitable if you're a known content creator. Otherwise, just do it like a hobby and don't chase for the money that you're going to think of as you start.

Quote from: merekamo on January 14, 2024, 09:11:02 PM

Back to crypto, most sensible way is to just staking or I agree wih other answer like invest in btc. But for his I think you must waititng for a few month to get profit.

Yes, staking is one of the passive incomes that one can do in crypto but it requires you capital, in any investment it requires you capital to earn. Holding BTC is best for long term holding.

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Quote from: svgisawmn on June 19, 2023, 06:52:42 AM

Hey guys!
Have you ever had experience with earning passive crypto income? It's quite interesting subject but I need to be Sure where to put my money cuz there are many platforms that just bankrupt and users never get their money back

Would be grateful to hear your experience!

for OP I have question, maybe OP need passive income per month or not for long time?. but for my oppinion, crypto is not passive income because it tends to be unpredictable and uncertain too. If you want to generate passive income, try a content creator, for example YouTube. Back to crypto, most sensible way is to just staking or I agree wih other answer like invest in btc. But for his I think you must waititng for a few month to get profit.

wallet4bitcoin

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The idea of passive income is somewhat personal. If you consider what pays you daily or what gives an increase in your investment, its all income for me, whether passive or not.

I consider investing in usecase driven coins as passive income for me. Its way safer and more reliable, I can decide to sell off at any time and I can even decide to stake for farming, depending on the project also. Choose wisely what works for you anyways.

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Quote from: svgisawmn on June 19, 2023, 06:52:42 AM

Hey guys!
Have you ever had experience with earning passive crypto income? It's quite interesting subject but I need to be Sure where to put my money cuz there are many platforms that just bankrupt and users never get their money back

Would be grateful to hear your experience!

you can stake coin use POS coin.
or stake or lending in crypto exchanger example binance.
another alternatif if you have much money you can mining, but you have to buy hardware first for mining

batang_bitcoin

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Quote from: Cryptoearner on December 30, 2023, 07:32:23 AM

The crypto bull market is predicted to be coming and probably most tokens or coins will touch their new all-time high.
The best way to generate passive income in crypto is to buy different coins in small amounts and hold them for a long. There are high chances that you will generate passive income by just holding most of the coins.

That is still passive income when the value has grown over time but that is not the type of passive income many does want.
But in fairness of holding, you will never get wrong with it but you need to choose wisely on what you want to hold. Because if they are just bunch of memecoins, forget about it because they are not for long term holding.

Cryptoearner

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The crypto bull market is predicted to be coming and probably most tokens or coins will touch their new all-time high.
The best way to generate passive income in crypto is to buy different coins in small amounts and hold them for a long. There are high chances that you will generate passive income by just holding most of the coins.

HunterBTC

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Crypto cannot always be an arrow, with calculations that are calculated on an uncertain time scale, Crypto will not be able to become the main job, but if we have good luck, it will be able to become the spearhead that produces coffers of currency.

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Quote from: ffandprofit on December 01, 2023, 12:27:57 AM

Fun fact: I have seen several centralized exchanges and casinos with offers that can be called passive income programs over the years, all of the ones older than this account aren't around anymore

Damn true. Cheesy

It isn't really worth the risk for that 5% or 10% but people like to learn the lessons in the hard way so let them realize it on their own.

HODL itself is a way of making money even though it's technically not.

ffandprofit

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Quote from: dansus021 on June 24, 2023, 09:20:54 PM

Really Passive Income in crypto in my opinion would be mining or staking and both of them require a lot of money.

Take example is ETH to run validor node you need 32 ETH in today price it would be ~ $60K which a lot and you do require some technical if solo staking if you choose the other than solo staking you need require less eth but you dont have total control of it and the APY is around 4% but the inflation rate now is more than 4 Grin

yo do the math

This, I would add the 'classic' of hold a good coin, specially if you can buy in the bear season or early in the implementation, but, PoS coins can be a good choice only if the APY is not unreasonable (5% at most) AND the coin has good fundamentals to back it up

Fun fact: I have seen several centralized exchanges and casinos with offers that can be called passive income programs over the years, all of the ones older than this account aren't around anymore

blockman

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Quote from: Joeyp on September 29, 2023, 04:37:57 AM

Consider ETH mining with cheap electricity. It will be some costs, but you will have your own ETH mining + you can also use the server for Web surfing.

ETH is no longer a POW and that's why you don't need electricity or a miner for you to mine it. What ETH now is proof of stake (POS), you need ETH as if you're holding it and that's the power you need to validate transactions. Please check all details on their website.
(https://ethereum.org/en/developers/docs/consensus-mechanisms/pos/)

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Consider ETH mining with cheap electricity. It will be some costs, but you will have your own ETH mining + you can also use the server for Web surfing.

libert19

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Quote from: svgisawmn on June 19, 2023, 06:52:42 AM

Hey guys!
Have you ever had experience with earning passive crypto income? It's quite interesting subject but I need to be Sure where to put my money cuz there are many platforms that just bankrupt and users never get their money back.

I get 8-9% apr on Hive blockchain (https://hive.blog is main frontend), your funds remain in your custody all the time. You can use services like dlease.io to lease your hive. Can undelegate anytime and receive back your hive, it will take 5 days for your undelegation to complete.

tvplus006

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Quote from: svgisawmn on June 19, 2023, 06:52:42 AM

... It's quite interesting subject but I need to be Sure where to put my money cuz there are many platforms that just bankrupt and users never get their money back

The difference between the income received from staking and bank interest is not very large, so you should not risk your funds in search of a high APY. You should remember that sites offering a high APY can be fraudulent, the purpose of which is to encourage a person to place their money there, and then hide.

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Quote from: alexvause7 on June 27, 2023, 07:34:47 PM

I use Binance Earn mostly. It's the biggest and most trusted centralized exchange right now. That doesn't mean they will be at the top all the time but currently there is no bad signs for them.

You've said it right that they're a centralized exchange.

Yes, the trust is there by the people but you got to know that these centralized platforms have the full control to your keys and deposits. So, if you put on stake or earn feature of theirs your crypto.

You're aware of the term that they have the control on it and no matter what happens like having a bad faith then your deposit might be affected by it.

Quote from: alexvause7 on June 27, 2023, 07:34:47 PM

Sure you can get crazy amounts of interest in some of the decentralized systems but most of them are traps. You better win a few to lose all.

Well, this is true. They're showing tremendous gains and percentage and that's a red flag.

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Quote from: yhiaali3 on July 23, 2023, 04:01:31 AM

Quote from: Oshosondy on June 19, 2023, 07:03:48 AM

Invest in bitcoin. Investment in bitcoin in a time like this is good because bitcoin price is still low compared to its ATH. Just invest and hold it for months or years to see your coins grow in value.

Do not invest in any organization, buy bitcoin and hold it in your self-custody or self-hosted wallet which is the right thing that you will do. You should be in control of your coins. If you want to be safer, you can use hardware wallet.

I completely agree with you. This is the wise opinion at this time.

Especially as we are approaching the halving by about a year or less so it is very good to start accumulating bitcoin now and wait for a year or two because we will surely see a new ATH after the next halving.

So this is a great opportunity for everyone to take advantage of.

This is early point for anyone to accumulate since hype build up once halving season came so if they want to participate and can able to risk some funds on halving that will occur in future then at early at this year people should accumulate since its bad if we try to have some while bitcoin price is pumping since we might be in bad position with that if price suddenly dump and we buy some at expensive rate since we get FOMO by current condition.

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Quote from: Oshosondy on June 19, 2023, 07:03:48 AM

Invest in bitcoin. Investment in bitcoin in a time like this is good because bitcoin price is still low compared to its ATH. Just invest and hold it for months or years to see your coins grow in value.

Do not invest in any organization, buy bitcoin and hold it in your self-custody or self-hosted wallet which is the right thing that you will do. You should be in control of your coins. If you want to be safer, you can use hardware wallet.

I completely agree with you. This is the wise opinion at this time.

Especially as we are approaching the halving by about a year or less so it is very good to start accumulating bitcoin now and wait for a year or two because we will surely see a new ATH after the next halving.

So this is a great opportunity for everyone to take advantage of.

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Quote from: milewilda on July 13, 2023, 05:18:39 PM

Quote from: ultrloa on July 12, 2023, 07:48:49 AM

Quote from: TheUltraElite on July 08, 2023, 07:37:12 AM

Quote from: alexvause7 on June 27, 2023, 07:34:47 PM

Sure you can get crazy amounts of interest in some of the decentralized systems but most of them are traps. You better win a few to lose all.

Dont think that is a good option for anybody and the term "passive income" has been hyped a lot along with people who accept it as a good method to make money because of the term being an oxymoron - you cannot earn if you are passive. Consider the fixed deposit schemes of banks, yes that is a safer method than crypto based investments.

Crazy high amounts of income indicate that something fishy is going on, not that the project is super profitable or doing something revolutionary, that is what bitcoin has done.

What I observed from yield farming is that the long term proposition is not good, you carry a large risk than reward and hence I dont recommend it.

They should consider that there's no passive income thing on crypto especially if they are dealing it by investments since any of those can go or turn scam. This word us overused by scammers since they want to deceive their investors and make them believe that they can earn that if they invest on the platform those scammers created.

Yield farming I think this is not for long term and it the same with other that only good while its new but when people are done with this it will slowly collapsed.

Usually newbies or greedy ones are the people who would really get victimized be this on which they would really get blinded on what those offerings that they had able to encounter and if they do see that it is something
that would be giving out that kind of conditions on which earning up without doing nothing then it would really be that turns out to good to be true and that #1 rule that we do have in investment space is that, if there's something that make you money without doing nothing or no hard work but only investment needed then its really a scam. People should realize this but since those noobs doesnt have this kind of thing initially then
they are the ones who do really get caught which is really that sad. If they have just that sensible mind and common sense on how things works and how its done then you might be able to avoid such thing.
Passive income would really be just only possible when you do have a real estate business or rental or any industry which even if you do sleep you are earning but here on cryptospace?
This cant just that be possible and this is why its better to avoid as much as you could.

Because they don't know about what they are trying to enter and just been blinded with the profits discussed to then that's the reason why they easily believe that there's such thing like passive income on crypto investment. If they reach up crypto by realistic approach for sure they might be much careful upon dealing with their investment and gain profits with this.

Passive income still possible if you own a crypto business and it succeed.

But if you are just a simple investor then maybe you cannot get the passive profit you expect.

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Quote from: ultrloa on July 12, 2023, 07:48:49 AM

Quote from: TheUltraElite on July 08, 2023, 07:37:12 AM

Quote from: alexvause7 on June 27, 2023, 07:34:47 PM

Sure you can get crazy amounts of interest in some of the decentralized systems but most of them are traps. You better win a few to lose all.

Dont think that is a good option for anybody and the term "passive income" has been hyped a lot along with people who accept it as a good method to make money because of the term being an oxymoron - you cannot earn if you are passive. Consider the fixed deposit schemes of banks, yes that is a safer method than crypto based investments.

Crazy high amounts of income indicate that something fishy is going on, not that the project is super profitable or doing something revolutionary, that is what bitcoin has done.

What I observed from yield farming is that the long term proposition is not good, you carry a large risk than reward and hence I dont recommend it.

They should consider that there's no passive income thing on crypto especially if they are dealing it by investments since any of those can go or turn scam. This word us overused by scammers since they want to deceive their investors and make them believe that they can earn that if they invest on the platform those scammers created.

Yield farming I think this is not for long term and it the same with other that only good while its new but when people are done with this it will slowly collapsed.

Usually newbies or greedy ones are the people who would really get victimized be this on which they would really get blinded on what those offerings that they had able to encounter and if they do see that it is something
that would be giving out that kind of conditions on which earning up without doing nothing then it would really be that turns out to good to be true and that #1 rule that we do have in investment space is that, if there's something that make you money without doing nothing or no hard work but only investment needed then its really a scam. People should realize this but since those noobs doesnt have this kind of thing initially then
they are the ones who do really get caught which is really that sad. If they have just that sensible mind and common sense on how things works and how its done then you might be able to avoid such thing.
Passive income would really be just only possible when you do have a real estate business or rental or any industry which even if you do sleep you are earning but here on cryptospace?
This cant just that be possible and this is why its better to avoid as much as you could.

ultrloa

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Quote from: TheUltraElite on July 08, 2023, 07:37:12 AM

Quote from: alexvause7 on June 27, 2023, 07:34:47 PM

Sure you can get crazy amounts of interest in some of the decentralized systems but most of them are traps. You better win a few to lose all.

Dont think that is a good option for anybody and the term "passive income" has been hyped a lot along with people who accept it as a good method to make money because of the term being an oxymoron - you cannot earn if you are passive. Consider the fixed deposit schemes of banks, yes that is a safer method than crypto based investments.

Crazy high amounts of income indicate that something fishy is going on, not that the project is super profitable or doing something revolutionary, that is what bitcoin has done.

What I observed from yield farming is that the long term proposition is not good, you carry a large risk than reward and hence I dont recommend it.

They should consider that there's no passive income thing on crypto especially if they are dealing it by investments since any of those can go or turn scam. This word us overused by scammers since they want to deceive their investors and make them believe that they can earn that if they invest on the platform those scammers created.

Yield farming I think this is not for long term and it the same with other that only good while its new but when people are done with this it will slowly collapsed.

Topic: Crypto Passive Income (Read 654 times)