Can you define what's crypto passive income first?
If you define crypto passive income is you stake/lend your coins in a centralized site/pool and you will earn more coin, you has a chance to get scammed.
If you define crypto passive income is where you will earn more money in fiat equivalent due to rising of the coin price, you will not get scammed if you invest in decentralized coin and hold it on your non custodial wallet.
Topic: Crypto Passive Income - page 3. (Read 585 times)
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!
Passive income, bankrupt platforms...? what you said makes me think you are looking to stake your money to generate passive income with centralized platforms.
If my speculation is correct, then I advise you that nothing is certain or will guarantee you. If you want to earn high profits, you must accept high risks, if you want to do nothing and still have income from staking, you must take the risk of losing everything.
As far as I can see, you are a complete newbie and don't have any knowledge or experience. What you need now is not a rush to make a profit but knowledge.
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!
I assume that all the income you can get in crypto is passive, so called long-term hodling. Cryptorading requires much time and a bit of luck, so the money earned by trading is a bit tough money. As for hodling, luck is needed too, but the overall time spent matters. So IMHO buying BTC and/or some top alts is a good idea. There is also one thing everyone should decide personally: the sum of money affordable to buy crypto. Investment strategy is affected heavily by this decision.
If you're dealing with bitcoin in cryptocurrency then try as much as possible to make use of a cold storage for your bitcoin, that should be the permanent means through which you could store your bitcoin on the blockchain if you don't want to loose having control over it by rendering it's control over centralized exchanges to have in custody your private keys to unlocking those coins on the blockchain, if you must use an exchange, then probably for trading or exchange of currencies and not for storing your whole asset or bitcoin investment.
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.
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.
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!
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