Generating Passive Income - page 10.

richminded

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Quote from: valisa on October 21, 2017, 07:23:54 AM

I usually buy a new altcoin listing on the market, but I have to know and good altcoin news ideas for the sword in the long run and the price increases, so I can get a profit from the increase.

I think buying new atlcoin is not good for long term because it’s more complicated to analyze and usually all the new coins will pump and dump right away. Instead invest on bitcoin that can generate a good passive income to you so you can be able to maximize the profit. Hold it for good, that is a good way to make passive income.

valisa

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I usually buy a new altcoin listing on the market, but I have to know and good altcoin news ideas for the sword in the long run and the price increases, so I can get a profit from the increase.

TheCoinFinder

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Holding bitcoin is almost a proven way to generate passive income with minimum deligence.
According to my particular experience in crypto market, i do mostly invest in smart tokens, then i wait for it being listed on exchanges.
Hopefully reselling these tokens makes me good profits.

bitcoinisbest

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Quote from: PrinceCaspian on October 21, 2017, 07:08:12 AM

Passive income is when your money is working for you and i'm glad to say that you can have passive income by just investing money in good coins like bitcoin and other altcoins and you must know the risk of investing money in cryptocurrencies and if you will keep it like the stock market that is keeping their share for long term then you can create a solid passive income.

Investing in any of the cypto currency can earn you those passive income provided the coin purchased by you move upwards in price and not vice versa else it can turn a gain into a loss. Also one should keep checking that these coins give you a good gains as a passive income else sell and buy another good coins.

PrinceCaspian

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Passive income is when your money is working for you and i'm glad to say that you can have passive income by just investing money in good coins like bitcoin and other altcoins and you must know the risk of investing money in cryptocurrencies and if you will keep it like the stock market that is keeping their share for long term then you can create a solid passive income.

bgaf

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Quote from: Valkyria_Obscura on October 17, 2017, 03:46:23 AM

Hey folks,

I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?

Appreciate any replies,

It's true, however, since you can earn passive income, why not earn more income instead of waiting for your passive income. There's a lot of ways t earn bitcoin, you can join signature campaigns, trade and a lot more. It's good that people were able to discover bitcoin.

tiggytomb

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Quote from: mocacinno on October 17, 2017, 04:48:51 AM

you can read up on the POS (proof of stake) algorithm.
It is designed to reward people that hold (stake) a certain amount of altcoins for a certain time.

This way, you can create passive income, however, it's only a limited number of altcoins that use POS, if you pick an altcoin to stake, and you gain 10% in one year, but in the same time, the altcoin's price goes down 50%, you end up with more altcoins but with less actual value.

There are a few POS coins out there but like Mocacinno said you could earn a certain percentage but then the coin may drop 50% or so, really there is no certainty with the POS coins if you are looking for something long term.

The other way you could earn is by holding a few altcoins and see how they go.

mast3rm1nd

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I think you mean proof of stake POS coins where the amount of coins you have is sort of a miner for you. it's a very interesting solution to the energy problems of POW mining. I personally would like to see all crypto adopt POS.

XCANA

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Quote from: Valkyria_Obscura on October 17, 2017, 03:46:23 AM

Hey folks,

I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?

Appreciate any replies,

Op there is no specific coins the generate passive income but from your own effort in investing into any of the altcoins or bitcoin you should be able to get a sustainable passive income. Many people who have invested in bitcoin are getting their passive income day after day.

waynechong1995

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swing!

Holding BTC is not considerably passive income, but rather a form of investment. I see projects that works exactly the way you are referring to which pay your for a certain period, eliminating staking which requires you to even open your devices (expensive electricity). Revenue sharing projects is what you are looking for, place your tokens and get dividends paid, COSS, Binance, Trueflip (not sure) tokens grants you shares of their profit every period and its literally passive income as you don't need to do anything, as it scales with the amount you invest.... then actually it's like FD or simply bank's interest i'm afraid.

jatin729

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Generating passive income from crypto is possible, There are so many way to earn income from bitcoins.
Let's take example - 1. Like on Bitcointalk.org There are few campaign which is going on from 50 weeks for eg bitvest and BitDice.

perfect999

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Quote from: ekoice on October 20, 2017, 09:16:39 AM

As you have already said,just buying and holding bitcoins in the wallet is the best way to generate passive income as bitcoin price is continuously growing.Other than that,you could join cloud mining firms.Genesis is found to be the most legit mining firm.They offer three schemes based on the hash rate.But you would have to wait for atleast six months to get back your invested money itself.Most of the other mining farms are found to be scam nowadays.

Scammer victimize those who are eager to earn more and more before you start mining you must have to investigate the authenticity of the farms and by doing so if there is no suspicious thing you noticed worked without worry and cyber crime is also examining these kind of activities and now chance to get into trap of scammers are low because miner are now mature enough to decide what is beneficial for them.

ekoice

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As you have already said,just buying and holding bitcoins in the wallet is the best way to generate passive income as bitcoin price is continuously growing.Other than that,you could join cloud mining firms.Genesis is found to be the most legit mining firm.They offer three schemes based on the hash rate.But you would have to wait for atleast six months to get back your invested money itself.Most of the other mining farms are found to be scam nowadays.

talkbitcoin

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All I know is that I know nothing.

Quote from: Lancusters on October 17, 2017, 06:50:09 AM

Quote from: mocacinno on October 17, 2017, 04:48:51 AM

you can read up on the POS (proof of stake) algorithm.
It is designed to reward people that hold (stake) a certain amount of altcoins for a certain time.

This way, you can create passive income, however, it's only a limited number of altcoins that use POS, if you pick an altcoin to stake, and you gain 10% in one year, but in the same time, the altcoin's price goes down 50%, you end up with more altcoins but with less actual value.

You probably mean the Ethereum. In these coins the developers laid down the mechanism of inflation. POS is an attempt to stop this process but I'm sure it's a ticking time bomb. When it explodes all will suffer who keeps ETH. I do not recommend long to keep money in altcoins.

the reason why the price of PoS coins go down is because they are practically doing an airdrop but more frequently than a normal airdrop.

people are known to dump what they get for free. there are a lot of different reasons for that too. some fear the price is going to go down because some others will dump before him, some want to just sell the free coins to have a "passive income" like OP so they sell,...
but for whatever reason the sells take place and they create a pressure on price consistently and in long term. which ends up reducing the price slowly but surely...

TrueAnon

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Quote from: Valkyria_Obscura on October 17, 2017, 03:46:23 AM

Hey folks,

I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?

Appreciate any replies,

Just take a look at Proof-of-stake coins =)
Or at Atlant Wink

Atlant token holders get 7% of every building Atlant sells via their platform

criz2fer

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Quote from: Pearls Before Swine on October 17, 2017, 07:28:23 PM

Buying & holding seems to be a great way to make capital gains, but that's totally different
than passive income. Bank interest, stock dividends, and rental properties (sort of) give
you passive income, not holding bitcoin. The key word is income. Bitcoin doesn't
provide any of that.

I suppose lending would qualify, but that's very risky.

Lending in bitcoin is possible. Some of campaign managers here in the forum have lending business here too. But for bitcoin,is not a passive income because of its volatility in the crypto market. Just like altcoins, bitcoin can goes pump and dump and if you are new to bitcoin it is difficult for you to understand the movement of the market which may lead you for selling it when dump occurs because of FUD. There is no easy way to generate an income in the cryptocurrency but here in the forum, you still have to work for it.

beerlover

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Quote from: batang_bitcoin on October 18, 2017, 02:03:16 AM

Quote from: nomad1109 on October 17, 2017, 05:39:19 AM

I guess mining is what you're looking for. Ark has a voting system where they give out new coins every week, so that also might be useful. The profits will still depend on the value of the coin tho.

Sometimes mining isn't stable because it's difficulty is increasing but still profit is there so yes this can generate a passive income. And while he is holding his bitcoins, he can mine and trade at the same time this is one of the best way to generate passive income but in trading he should be aware that it's like holding and just keep an eye to the coins that he's been holding and sell it whenever there's a gain already.

Mining gives a passive income but needs a huge investment which cannot be afforded by everyone. Profits in mining depends in the number of blocks found and the difficulty in mining. But the income could be estimated and it is a steady income.

As compared to trading and rest all activities, they don't have steady income because the profits and losses are constant there.
Even if you are ready for investment and need stable income than you can start investing your bitcoins in a good investment scheme on a daily interest basis and even you can have a good steady income there.

Kevondo

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Quote from: konco_kenthel on October 18, 2017, 04:20:30 AM

I have not even heard it at all if there is definitely can be used as additional income later. I still often buy and hold various types of coins to make a profit and keep trying to follow various kinds of airdrop.

Yes not only for us but a lot of the people like us are now using the bitcoin and they are having the huge profit from the bitcoin. I love the bitcoin and you will be able to get the income from it. I love the worth of the bitcoin is the price so hold the bitcoin and then be the bitcoin user for the long time. But the bitcoin and increase the value of the bitcoin so you will be able to earn the steady income, the other source is joining the bitcoin signature campaign.

warrior333

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Quote from: ice18 on October 18, 2017, 07:28:54 AM

Quote from: Valkyria_Obscura on October 17, 2017, 03:46:23 AM

Hey folks,

I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?

Appreciate any replies,

I agree with you holding a good amount of money makes you earn in an instant another way is you can try to lending your coins like the bitconnect its a good passive income just buy,lend it and wait for your monthly profit I did not tried it personally right now but I can see some people earning a good amount of money.. you must search for it.

This is not a simple way to make money as it seems at first glance. You can really give someone a debt and receive regular interest but what if the person who took your money will die or just go bankrupt and not be able to repay you. No, I think that such way of earnings is unacceptable to me.

ice18

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Quote from: Valkyria_Obscura on October 17, 2017, 03:46:23 AM

Hey folks,

I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?

Appreciate any replies,

I agree with you holding a good amount of money makes you earn in an instant another way is you can try to lending your coins like the bitconnect its a good passive income just buy,lend it and wait for your monthly profit I did not tried it personally right now but I can see some people earning a good amount of money.. you must search for it.

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