Topic: Crypto passive income - a bubble? - page 4. (Read 993 times)
Isn't this the same as putting money in the bank and we get annual interest? Only here we get bigger, and I don't think this is a bubble because every project that is staking or lending should have profits that will be shared with investors.
I see that more and more investors are interested in a passive income that comes from cryptocurrencies. But, I am a little bit afraid that all these concepts: staking, crypto lending, and all form of income that is generated from nothing will end up sooner or later.
Literally, nothing last forever but was used to encourage investors hodling while lending was to help other traders and start up projects. Despite the fact that those two have good features some certain knowledge are needed to select the right investment though cause some crypto stake reward dont worth it.When you compare mining, you have to buy mining rigs at first, then you need to pay electricity, so you spent a lot of money to mine a Bitcoin and that makes it valuable. What about staking? What you sacrifice to receive new coins?
The only sacrifice in staking is coin selection which i have mention before.
It depends i guess. But if you have a crypto that has a high annual ROI with staking and otherwise no real usecase or isn't listed on good exchanges and has a low trading volume,
then sooner or later the price will drop.
I think this shouldn't be a problem though for big growing projects like Polka or Cosmos, because there should be still enogh buyers to at least take those coins that stakers generate.
then sooner or later the price will drop.
I think this shouldn't be a problem though for big growing projects like Polka or Cosmos, because there should be still enogh buyers to at least take those coins that stakers generate.
Between mining and staking I prefer mining because it's more profitable than staking, most staking coins only give up to 15% ROI annually, mining is more profitable than POS coins, right now I plan on adding more graphics card to my mining rigs
When mining, you need to invest in equipment that becomes obsolete very quickly due to the increasing complexity of mining. In addition, you will need a separate room if you are engaged in mining on an industrial scale and regular payment for electricity. In the case of stacking, you will not have any expenses related to generating revenue.
Between mining and staking I prefer mining because it's more profitable than staking, most staking coins only give up to 15% ROI annually, mining is more profitable than POS coins, right now I plan on adding more graphics card to my mining rigs
When mining, you need to invest in equipment that becomes obsolete very quickly due to the increasing complexity of mining. In addition, you will need a separate room if you are engaged in mining on an industrial scale and regular payment for electricity. In the case of stacking, you will not have any expenses related to generating revenue.
Many top exchanges are offering staking features on their very own Platforms, how is this not a good move over POW Algorithm? Staking is way better and more convenient than mining, you can stake Qtum, Cosmos, Cardano, Algorand, stratis etc, these coins are most popular and reliable too judging from their use case.
Currently, the crypto ecosystem is not ideal for the concept of passive income. Many projects with the theme of passive income fail because the coins they get from staking will always be sold, which causes a constant drop in prices.
Lending is some sort of passive income and also staking. Not all passive income are dangerous its up to you which platform you think is gonna ruined your portfolio. If you pick a none worthy token then you only burning your funds and instead of earning passive income you will incurred losses.
Although you should consider checking what the project has to offer crypto space, meaning what it's use case is all about, this is what will determine it's future survival, do not invest on POS coins that aren't useful, they will go down in price really fast
Proof of Stake coins are better than mining coins presently, they are easier and better, no problem or worries with electricity and rigs, why it makes more sense is because of low returns, for example you will only make 300$ to 450$ if you invest 3000$ on a POS coin that overs 12% to 15% ROI Annually, this is different from Too good to be true investment plans
The concept of passive income is popular becaue all of us would like to have something from nothing. Just put some money in the bank and live from profits but it's not that easy!
To take profit you need to own something that other people want. A stakable coin is so volatile that you can buy it one day and start staking and a month later it will lose value and you will lose your staking income and your investment.
At this point it's still too risky. If a big coin like BTC or ETH switched to PoS it could work but shitcoins with PoS will be shitcoins that produce promises instead of income.
Exactly ! You are right mate, many projects that did launchpad on Binance exchange are the type of projects that one can rely on, they offer more than just the POS ability, they have good utilities and high volumes too, e.g Cosmos, Harmony and few others, it's investors choice, there are many bad POS coins presently and choosing one shouldn't be because of their ROI To take profit you need to own something that other people want. A stakable coin is so volatile that you can buy it one day and start staking and a month later it will lose value and you will lose your staking income and your investment.
At this point it's still too risky. If a big coin like BTC or ETH switched to PoS it could work but shitcoins with PoS will be shitcoins that produce promises instead of income.
Anybody looking for passive income in crypto might end up falling for this investment scam that claim paying using crypto. Crypto staking might be profitable but it also boil down to the price of the coin you stake on at the end. Staking on MB8 coin has thought me a great lesson. It is always good to make a hay when the sunshine
Crypto staking rewards aren't always that big, only the rich or whales make good gains from them because they pay annually with very low ROI like 5% or 10%, how could this drag a project down? POS feature should be better than mining Algorithm because mining gives more profits than staking Currently, the crypto ecosystem is not ideal for the concept of passive income. Many projects with the theme of passive income fail because the coins they get from staking will always be sold, which causes a constant drop in prices.
I believe this passive income of a thing is best suited to projects that have more demand (use case) in crypto space, many proof of stake coins have bad use cases and they are less demanding that's why they have less value overtime. 
You actually sacrifice your assets to earn extra coins and during this period of staking maybe the value of your stake coins have increase but because you commit them to the network of the project which means you are on able to sell, this is a sacrifice as well, although may not be compare to that of mining because you have to spend a good amount of money to be able to mine.
In the manufacture of the rig itself, calculating the cost of income and expenses is important plus time, even though I am currently selling the rig because of profit problems. From some of my friends and myself who get passive income by staking, which is said to be sacrificing it doesn't seem like it is because it's based on an interest in getting passive income in staking. To be sure, sometimes we also waste time where it doesn't match the time spent and in my opinion crypto bubble, I think a little bit right.
I see that more and more investors are interested in a passive income that comes from cryptocurrencies. But, I am a little bit afraid that all these concepts: staking, crypto lending, and all form of income that is generated from nothing will end up sooner or later. When you compare mining, you have to buy mining rigs at first, then you need to pay electricity, so you spent a lot of money to mine a Bitcoin and that makes it valuable. What about staking? What you sacrifice to receive new coins?
So do you think that all these things you have mentioned makes Bitcoin mining valuable or better than lending, staking, etc.? When it comes to lending you’re giving your hard earned money to someone and at the end you get interest on top, so why isn’t it valuable? There is no means of income that is not valuable, they are all good as long as it’s legit.Staking is like investment, and when it comes to investment you’re putting your money into the hands of other people and they use that money to invest in other Businesses that will generate more income for them to pay you back, and also pay with interest. Just choose whatever you think works for you, it’s not a must that you will do what others do, and by the way I wouldn’t recommend mining this time around if you’re not ready to invest more into it, and if you’re living in a place where electricity is costly mining might not be a good option.
I see that more and more investors are interested in a passive income that comes from cryptocurrencies. But, I am a little bit afraid that all these concepts: staking, crypto lending, and all form of income that is generated from nothing will end up sooner or later. When you compare mining, you have to buy mining rigs at first, then you need to pay electricity, so you spent a lot of money to mine a Bitcoin and that makes it valuable. What about staking? What you sacrifice to receive new coins?
Once you have been profited in your passive income, try to pull out gradually your capital. Save or either reinvest it to another such as business. Many people are saying that crypto is a bubble when they got rekt. Therefore, in order not to regret. Withdraw your funds when you think you should want to save it. So that, you will not blame the market when there is something to happen in your assets. Crypto is not a bubble, it makes a person millionaire. 
lol I heard Buble's words from a few years ago when the price of bitcoin was first expensive and it could touch $20k, many say bitcoin buble, now your problem is that you want to get passive income from cryptocurrency for now, one of which is by opening an account at Binance after that you hold a very large amount of BNB coins, you can get a share of coins that you can exchange and become money.
Huge holding is what you have to sacrifice. It's a requirement for you to earn a better amount.
Holding it to a required or eligible wallet for you to be one of them. If you can't bear with POW, POS is the way but you need to choose an altcoin that's reliable. Not all coins that says they are POS are good to invest and stake with.
Holding it to a required or eligible wallet for you to be one of them. If you can't bear with POW, POS is the way but you need to choose an altcoin that's reliable. Not all coins that says they are POS are good to invest and stake with.
I see that more and more investors are interested in a passive income that comes from cryptocurrencies. But, I am a little bit afraid that all these concepts: staking, crypto lending, and all form of income that is generated from nothing will end up sooner or later. When you compare mining, you have to buy mining rigs at first, then you need to pay electricity, so you spent a lot of money to mine a Bitcoin and that makes it valuable. What about staking? What you sacrifice to receive new coins?
It is all about finding where we become comfortable, some did it feel good staying in here but some didn't that is why they leave crypto space. And this is a reason also why not all of us seeing it crypto investment potential but just keep ignoring it.We could say that it is not a good idea considering crypto as a passive source of income, indeed it was right but we can deny also that some did it. Some spend the whole time in crypto, fully committed in trading, and risking their money buying expensive and powerful equipment for mining. They saw that there is a huge chance that they can make a profit from here and they've been tested many times that it brought them to decide and live crypto for the whole life.
Crypto passive income has gone beyond been called just passive income. People has sacked their bosses and are living more than an average lifestyle because of crypto as a passive in come.
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