Topic: Crypto Passive Income - page 2. (Read 585 times)
Crypto exchanges are risky if we are to let them hold our coins for the long term. Its investment returns are still better than traditional banks' interest on deposits but the risk is more than its worth IMO. Maybe crypto exchanges should have an insurance system for their deposits to secure their users' funds. SAFU by Binance is a good start but it should not only stay that way. It's mind-boggling though if there are insurance companies that are willing to accept crypto exchanges or due to its volatility it would be too expensive that crypto exchanges are not willing to spend that much.
legendary
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Call your grandparents and tell them you love them
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.
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.
Yes you could do a passive income on LPing on stablecoins with higher APY. The impermanent loss would not be so high compared to altcoins plus you had a chance to be eligible on potential airdrops. Though its kinda be risky since you are engaging with smart contracts that could be exploitable by some hackers. 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.
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!
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!
What kind of passive income are we talking about like it can generate you a profit without doing anything? Since if you after that then maybe scammers will be there to offer there scam platform and present that they can give you a passive profit. You need to avoid this since its obvious scam.
But if you want to deal up with skills then better enhance your knowledge then earn with it. Although there's still unsure that we can earn passively but atleast we can potentially gain here if we are open to learn more knowledge and can trade without getting pressured on market disturbance that might happen.
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.
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.
Not only now but Binance already got that title even before. If they manage to stay on top for years, then maybe they can retain their position for many more years to come. There are being hit by the FUD's from time to time but if we truly believe on them, we shouldn't be affected by those. We know that they are only built to destroy the platform because someone can't accept that they are much better than the rest.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.
Now, on the main topic about passive income, Binance earn is qualified for it. I might be crazy but I think schemes like that are much better than the usual crypto investing because it allows us to earn double profits. I guess that is because it had some risks but as long as others will follow you, to become vigilant, we can always get out on time before the platform collapse, just in case.
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.
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.
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.
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
yo do the math
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
yo do the math 
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!
Better not to make yourself that too desperate on having that passive income because passive means that it do make out that fixed generated income without doing nothing which it could really be attained through 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!
real estate or property which is really that generating some income.If we do speak about crypto investment then it would really be an another story if we do speak about passive income. There's no way that
we could attain passive income aside from holding our coins or staking which is something that make that passive but it would really be depending on the market on how it would behave.
Better store or accumulate Bitcoin for long term and some top altcoins in the market on which it would be worth than on investing on some altcoins in the market or totally shit which
you would be losing money instead of earning.
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!
There is nothing like passive income in cryptocurrencies, if there is a person or a website that is telling you that you can earn passive income by investing a specific amount of money with them, you need to keep a fair distance from them because they are just trying to scam you and will run away with your money and you will regret it later. There are also a lot of websites that promise great returns on investments but they are all scams.Would be grateful to hear your experience!
What you can do with cryptocurrencies to earn genuine profit is trading, you need to learn how to trade, how you can read charts and do analysis and then you should do trading yourself without having anyone else involved, that is the only way you may get profit but it also has its risks, you need to make sure you follow risk-management techniques as well.
All of staking platforms were centralized platforms. It's BS if they called their platforms as truly decentralized platforms. I just rely on the capital gain. It's quite better rather than im loosing all of money at once. You must be careful when sending your token for staking purpose.
True, it tends out that many decentralized platforms that have been labelling themselves as is are actually semi-centralized or wholly centralized at all.Please, learn from celsius and so many lending platforms were dead.
They were offering passive income through staking your money.
And people thought that it's gonna be free money forever but sustaining such feature is unbearable. Most of these lending platforms and those that focuses these passive income for their users through staking struggles.They were offering passive income through staking your money.
I can only recommend you to stake your money in centralized exchange site for a short term period if you are wanna dealing with very big risk decision.
Although there's still risk here and that is you're not holding your keys. So both has risk and you choose what risk you wanna take. 
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
All of staking platforms were centralized platforms. It's BS if they called their platforms as truly decentralized platforms. I just rely on the capital gain. It's quite better rather than im loosing all of money at once. You must be careful when sending your token for staking purpose. 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
Please, learn from celsius and so many lending platforms were dead.
They were offering passive income through staking your money.
I can only recommend you to stake your money in centralized exchange site for a short term period if you are wanna dealing with very big risk decision.
It's not even recommended anymore to stake in the decentralized platform, celsius and so many platforms were collapse has proven if decentralized platforms were even worse compared with cex.
Proof of stake coins are the ones that will allow you to earn passively. So, it's like an interest that you'll earn which is called APY that you'll earn a percentage annually.
Exchanges do offer this but there's the risk on it because you are not the one who's holding the key.
Sure, if you wanna call a coin decreasing in value by half every year but giving you 17% APY ”passive income” then go ahead and call it that way, but I’m quite less than 10% of the staking tokens actually overperform their own inflation lol. Then if you take a chart of that token against BTC you’ll see it’s only losing value constantly.Exchanges do offer this but there's the risk on it because you are not the one who's holding the key.
Another one is the decreasing APY that it gives, while it's still fresh the APY that they'll give is quite high but it's not permanent and will change over time when there are more people that does stake it.
On this thing, it's not that really sustainable at all with high percentages and that's why we see most of them drop their rates.
legendary
Activity: 2828
Merit: 1213
Call your grandparents and tell them you love them
(snip)...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 would remind you the same thing. These platforms dont work as they say they would. Any sort of "passive income" generation ends up with your coins vanishing in thin air or the setup getting hacked and your coins are in limbo.I do suggest investing in casino bankroll, which is different from gambling your money, there have been some yield farming projects but most of them are only shitcoins and the time to recover your capital is huge. You would be better off putting your money in bitcoin for long term or just in a fiat bank deposit.
You cant be sure that the platform would not go bankrupt. Only you can never go bankrupt if you are keeping bitcoin's stored.
You need the ability to generate passive income from crypto. If you want to play it safe and have a proven profit. Bitcoin is the easiest, buy bitcoin.
Investments anywhere have risks, crypto has high risks and high returns too. You can read this before starting trading crypto:
What Can Happen If You Want to Trade Cryptocurrencies, but You Don’t Know How?
Investments anywhere have risks, crypto has high risks and high returns too. You can read this before starting trading crypto:
What Can Happen If You Want to Trade Cryptocurrencies, but You Don’t Know How?
Have you ever had experience with earning passive crypto income?
If your passive income comes from holding your bitcoin and get passive profit from its growth, it is healthy.However if your passive income is promised to come from 'staking' your bitcoin on a platform, it is unhealthy and like a Ponzi. Because, Bitcoin is Proof of Work, not Proof of Stake and when a platform provides such promises, they will have to attract people to send bitcoins to their platform but at the same time, will have to pay money to people who want to withdraw their coins including passive profit.
So far you can easily see it is a Ponzi scheme because no guarantee that all people will withdraw their coins when price at withdrawal time is higher than price when they stake it. So if the coin as investment itself is not in profit, the platform has to pay profit to users. It is unsustainable and unhealthy scheme.
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!
There are three (3) places you can put your money as investment the first place is investment, second is trading and last place is mining. In these three categories you can invest in any one. But before you start any of those ones, make sure you make a good research and if possible learn more about them so that you will loss your money. Always learn from an experience person. It is only exchanges went into bankrupt so you can keep your coins or funds in non custodian wallet for safety purpose. 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!
Proof of stake coins are the ones that will allow you to earn passively. So, it's like an interest that you'll earn which is called APY that you'll earn a percentage annually.
Exchanges do offer this but there's the risk on it because you are not the one who's holding the key.
Sure, if you wanna call a coin decreasing in value by half every year but giving you 17% APY ”passive income” then go ahead and call it that way, but I’m quite less than 10% of the staking tokens actually overperform their own inflation lol. Then if you take a chart of that token against BTC you’ll see it’s only losing value constantly. Exchanges do offer this but there's the risk on it because you are not the one who's holding the key.
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!
Proof of stake coins are the ones that will allow you to earn passively. So, it's like an interest that you'll earn which is called APY that you'll earn a percentage annually. 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!
Exchanges do offer this but there's the risk on it because you are not the one who's holding the key.
Investing in Bitcoin is also gonna earn you passively by its value increasing over time. So if you buy like a hundred bucks of Bitcoin today, you'll earn more than that depending on the future increased price of it.
Like Poloniex sometimes offer trading competition or deposit bonus, you can join there and have some decent amount of passive income. I will not say that you may earn a good amount but a decent amount.
There are also some retroactive airdrops and genuine airdrops ongoing, you may find them in YouTube or Airdrop related Telegram channels. So that is also a good source of passive income. Another way is to join Bounties in this forum. You can visit Bounties (Altcoins) board to see all running Bounties and can join them easily. Many people are generating a decent amount from the bounty payments.
But Remember one this all the bounties will not pay you or all aren't worthy. So do some research and join Good Projects.
Passive income and making money without cost are completely different.There are also some retroactive airdrops and genuine airdrops ongoing, you may find them in YouTube or Airdrop related Telegram channels. So that is also a good source of passive income. Another way is to join Bounties in this forum. You can visit Bounties (Altcoins) board to see all running Bounties and can join them easily. Many people are generating a decent amount from the bounty payments.
But Remember one this all the bounties will not pay you or all aren't worthy. So do some research and join Good Projects.
Trading competition, you need to watch the candlestick and active for 24/7 because if you miss the moment, you will not win the competition or meet the minimum requirement to withdraw.
Bounties, you're need to post, retweet, comment, like, share, translate, creating content, follow, completing KYC which is you're working, not just waiting and you will make money.
If you have do some research, it doesn't mean you will prevent of getting scammed.
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
Anyway there are a lot of ways to earn crypto passive income. I also have some experiences like I have joined several retroactive airdrops and I try to join popular exchange campaigns. Like Poloniex sometimes offer trading competition or deposit bonus, you can join there and have some decent amount of passive income. I will not say that you may earn a good amount but a decent amount. 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
There are also some retroactive airdrops and genuine airdrops ongoing, you may find them in YouTube or Airdrop related Telegram channels. So that is also a good source of passive income. Another way is to join Bounties in this forum. You can visit Bounties (Altcoins) board to see all running Bounties and can join them easily. Many people are generating a decent amount from the bounty payments.
But Remember one thing that all the bounties will not pay you or all aren't worthy. So do some research and join Good Projects.
Best Wishes for you.
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