Generating Passive Income - page 11.

m!llar

newbie

Activity: 42

Merit: 0

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 is too late to buy/hold/sell bitcoin to gain passive imcome Because price is high

if you have skills in Bbcode Design you can earn good here

StreakW

full member

Activity: 1189

Merit: 107

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

passive income i think cloud mining is solution
my friend generate up to 0.002/day, in cloud mining

konco_kenthel

full member

Activity: 378

Merit: 100

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.

Casdinyard

hero member

Activity: 2156

Merit: 891

Leading Crypto Sports Betting and Casino Platform

Quote from: hessanseen on October 18, 2017, 03:11:10 AM

You can have tokens of the POS mechanism, which are generated with interest. The old POS coin is famous for its black currency, and the annual interest rate is about 8%. The latest POS coins you can invest a little onion deep coins, now still drop, and hold it also can have generated interest, interest mode called mining, you can go to their official forum to see how mining interest.

Well actually there are some airdrop coins that are POS/POW like bitcoinstake, litecoinstake and bitcoincashstake. Like other tokens it generates small amount everyday and just wait for it to get mined. Try to look in their ANN thread to have more information, and I think bitcoincashstake airdrop is still omn going. While these coins are already in coinmarketcap so you can check its value.

amaral1977

sr. member

Activity: 686

Merit: 250

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,

1- There are quite a few options on these, but of course the safest (if safe anyway) is holding BTC.
2- There are some proof of stack coins. The ones that will give you some percentage over time if you hold. I´m not really involved in these type of coins but i own some Komodo and they reward the stackers yearly.
3- Other option is margin trading lending. To generate liquidity for margin trading some exchanges allow you to lend your coins. Its pretty safe but there is always a small risk of default or a risk of an exit scam on ANY exchange. Even the good established ones are not regulated, so be awaare of these.
4- Other way is buy coins that provid a dividend or profit sharing. The one i know better is TAAS. It is an Ethereum smart contract that will share trading profints quarterly. They already did it once in august and are promissing a new quarterly dividend in November. For these kind of tokens please read the whitepapers and roadmaps carefully and get envolved with the comunity so you reduce the risk of getting scammed.

hessanseen

member

Activity: 244

Merit: 10

You can have tokens of the POS mechanism, which are generated with interest. The old POS coin is famous for its black currency, and the annual interest rate is about 8%. The latest POS coins you can invest a little onion deep coins, now still drop, and hold it also can have generated interest, interest mode called mining, you can go to their official forum to see how mining interest.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

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.

Skyshark

full member

Activity: 505

Merit: 100

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 think, no coin or cryptocurrency is designed to generate income passively. What were seeing in bitcoin is the product of many investors and believers that are investing and holding bitcoins. Alt coins could also be like bitcoin as long as it has investors like bitcoin.

Uberzugzug

member

Activity: 60

Merit: 10

Passive income is the best way to have financial stability. Having passive income means you are earning money to cover for you expenses without working on a regular job. Your investment is the one working for you. Your money is working to have more money.

Razick

legendary

Activity: 1330

Merit: 1003

When I first learned about passive income, it was like my whole idea of how to make money changed instantly. I had never really considered that making money passively was even a possibility. Working a dayjob was how I always imagined life is supposed to be. The interesting thing is if you actually work an average dayjob but save money each paycheck and invest it, you are pretty much guaranteed to be a millionaire eventually with the power of compounded interest.

Seansky

hero member

Activity: 560

Merit: 500

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,

There are coins designed specifically to generate ongoing passive income for holding them and so on. These type of tokens are often known as Proof of Stake(POS) Tokens. Some coins that I know are pesobit, though it will only generate users some extra when they staked it. Another one is waves but it is not profitable. Still, it gives passive income. As far as I remember, there is a token which is waves based giving dividends to holders just by holding it and it is shadowtoken. For more into about it, just search for it in this forum, I might be wrong though.

topvmax

full member

Activity: 166

Merit: 100

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,

yes i think there are some coins that rewards the people who hold their coins for a long period of time.. this is what they it proof of stake (POS) .. some coins i know is ARK and PIVS .. will good roadmaps and projects is okay to hold that two coins with the value keep increasing and when you hold it you have a rewards or passive income just like dividends or profit sharing in stocks. POS is not the same with Proof of work (POW) .. coins that is POW is the coins that is mineable just like bitcoin, litecoin, digibyte and plenty more. im not very knowledgeable about this. feel free to share some insights that you know to me. thanks

fishbonez11

full member

Activity: 322

Merit: 116

Yes you can generate passive income just by buying and holding, but the profit will not be that high (or depending on the amount that you're buying). You can also try trading or mining.

entrepmind23

sr. member

Activity: 644

Merit: 261

You can put your bitcoin in bitfinex and then go to margin funding. You can let other traders borrow your funds for some interest depending on how much you will charge them and you can set up a daily or term basis. Minimum funding would be $50. I know someone who got involve with this and has been an early adopter of bitcoin and now he just margin fund some of his money and earn more than $1,000 a day. This is literally passive income cause you are not doing anything but earning. You can also try PoS (Proof of Stake). There are many coins out there that offer this. You just have to stake your coins and some has ridiculously high returns like B3 Coin having 20% per day return.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

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,

bitcoin can not give you passive income but you can double your money for a long term and i think its for the other coins too. and if you hold top ten coins listed in the coinmarketcap for a long time, then i think you can get passive income too. but i think the meaning of passive income is should like this, you can earn some money by monthly and if that is what your mean then i think you need to have real investment like house, building and else and you rented your building to other people.

949miner

sr. member

Activity: 448

Merit: 250

Stake & Vote or Become a IoTeX Delegate!

So far there is no cryptocurrencie that has been created that offers these characteristics that you ask for. But also i do not know why you dont like buying altcoins and hold them until they increase in value, since it is one of the best known and most profitable practices in any type of investment.
I try to buy cheap altcoins and sell them when they increase their value by at least 30%.

shoreno

full member

Activity: 1750

Merit: 118

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,

you can try to add altcoins to your list because some altcoins can also posibly increase overtime just like bitcoin but not stable as bitcoin although there are times that bitcoins value is also dropping because of volatility and also mining can do passive income but the downside is mining tends to be difficult these days and also mining hardwares and gpu/cpu are way expensive plus the bills of your electricity would cost much.

0t3p0t

sr. member

Activity: 1582

Merit: 352

★Bitvest.io★ Play Plinko or Invest!

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 know exactly what you are looking for mate and the answer to your question about a specific token that is designed to generate a passive income is the SPEC tokens. As we all know about the fact that the simplest way to make profit on crypto at the moment seems to be just buying and holding Bitcoin but obviously altcoins take part in that category too. Nowadays altcoins plays important role in the crypto market due to the increasing numbers of traders arround the world. Okay, let's go back to SPEC tokens which stands for SPEculative Tokenized TRading Exchange offers a brokerless trading platform that removes brokers from the equation and it is also built under Ethereum blockchain. SPECTRE.ai has two tokens namely, SPEC D which is the dividend and SPEC U for utility token. SPEC D holders get dividend every month and every year while SPEC U receive higher payouts and a wider variety of assets. For more information about the said tokens and it's ongoing project here's the link.

Ann Thread: https://bitcointalksearch.org/topic/spectreai-information-trading-platform-now-live-2169122

Bounty Thread: https://bitcointalksearch.org/topic/bounty-ico-spectreai-spec-speculative-tokenized-trading-exchange-2199275

richminded

sr. member

Activity: 798

Merit: 268

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 think there are some coins that generate passive income over time thru investing if I'm not mistaken, but hey if you really know how to trade much better and for me just buy and hold bitcoin on your wallet it will surely increase on value and that is capital appreciation and i can consider that as passive income because you make money their over time. Bitcoin is very effective in a way that it will give you a good return, just buy and hold for good.

Pearls Before Swine

sr. member

Activity: 1190

Merit: 306

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.

Topic: Generating Passive Income - page 11. (Read 3365 times)