Generating Passive Income - page 7. | Bitcointalksearch.org

Fulmand

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Quote from: Ewinsane on October 31, 2017, 08:16:01 AM

Quote from: lili song on October 30, 2017, 11:11:20 PM

You can invest in bitcoin for passive income. But better invest for a long time.
If you have a more money saving in bank, you can try invest bitcoin for your future.

Bitcoin is good, and by just funding your wallet it can be an investment. But if you’re going to rely on waiting for increase before you make some earnings, then it’s a waste of time. This doesn’t work all the time, it will only happen occasionally, so you have to wait if that’s what you want to be doing. I will prefer working and gaining what you need through other means like signature campaign.

To have passive income you must prepare into bitcoin in two strategy option of buying and holding because it was surely it can generate passive income on that. Just making sure you have extra effort of patient and exact time on monitoring the price value of bitcoin to have a perfect time in generating income.

Ewinsane

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Quote from: lili song on October 30, 2017, 11:11:20 PM

You can invest in bitcoin for passive income. But better invest for a long time.
If you have a more money saving in bank, you can try invest bitcoin for your future.

Bitcoin is good, and by just funding your wallet it can be an investment. But if you’re going to rely on waiting for increase before you make some earnings, then it’s a waste of time. This doesn’t work all the time, it will only happen occasionally, so you have to wait if that’s what you want to be doing. I will prefer working and gaining what you need through other means like signature campaign.

Gozie51

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Vave.com - Crypto Casino

Quote from: Zilonglong.bucks on October 17, 2017, 05:38:06 AM

Quote from: Valkyria_Obscura on October 17, 2017, 02:46:23 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'm not really sure if that's really possible passive income that they earn, just like other said, it's not a regular bank stuff. ALL this people holding btc is waiting for a perfect time to sell, I also believe that these people do have regular job aside from mining, holding btc. Just saying Roll Eyes

I don't think most people who are holding bitcoin are in regular jobs. Bitcoin and cryptocurrencies are big business. You can actually have a life time asset with this new found business that is spreading rapidly across the globe only that, one has to be meticulous not to be scammed or make a transfer to a wrong wallet.

Quote from: Valkyria_Obscura on October 17, 2017, 02:46:23 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 do believe that many coins have the potential of being held and to give profit in future if one can wait. For instance, sic is doing well and has tripled in less than two weeks.

lordquanta

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Quote from: alisafidel58 on October 30, 2017, 11:16:21 PM

You are right holding bitcoin is the easiest way for generating passive income but i dont think there will be other alt coin that can do that.
At the current rate of other coin is going on the market you may seem to profit but just a few dollars unlike just being focus on bitcoin.

I don't understand if someone is hodling the Bitcoin then how is a passive income generating from it. Passive income is something person gets on monthly, weekly basis without working actively for it. If you are hodling bitcoin for long then it is called as investment which will give you returns when you decide to sell them. Till that selling time, those bitcoins are not going to earn a penny for you. Their price or valuation will increase over the period of time. However increase of that price is not a passive income. that In order to generate some income person need to cash out the profit without touching the base amount. Passive income is Like to put a house on rent to someone is passive income for landlord. Now compare the renting a house to holding bicoin, you are getting monthly rent on regular basis. However you are not getting any regular income from the bitcoin. Only benefit with hodling bitcoin is that in the long run the return will be huge.

ElizaZX

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Quote from: Valkyria_Obscura on October 17, 2017, 02:46:23 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 no such coins, and there will be no. Here the mechanics is simple. You need to do something to get the coin gaining a price, just so passively it will not yield an income. It can be sold to receive profit and buy again, but as interest in a bank, this will not happen. Although the idea of interest in the bank is interesting. The first bank is crypto currency! Cheesy

gamalzour

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Quote from: bgaf on October 21, 2017, 05:59:13 AM

Quote from: Valkyria_Obscura on October 17, 2017, 02:46:23 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.

Now I got what the op is trying to know– he wants to know whether there is any coin that keeps on rising in price without falling (a steady increase in price) there is none like that. And that’s not a good way for a coin.

alisafidel58

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You are right holding bitcoin is the easiest way for generating passive income but i dont think there will be other alt coin that can do that.
At the current rate of other coin is going on the market you may seem to profit but just a few dollars unlike just being focus on bitcoin.

lili song

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You can invest in bitcoin for passive income. But better invest for a long time.
If you have a more money saving in bank, you can try invest bitcoin for your future.

gunungkembar

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Quote from: Valkyria_Obscura on October 17, 2017, 02:46:23 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,

altcoin suitable for passive income you can buy altcoin like XLM or XRP they have a very large supply and very good developers.

talks_cheep

legendary

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Lots of ignorant people here in the forum.

I bought 3000 diamond coins (DMD) three years ago, $0.20 per dmd coin back then. Now it's worth over $7 per coin. DMD is a POS alt, pays about 25% annually. I'm making about $800 a month, passive income, just for holding my diamond coins in my wallet. I did well. How about you???

Lynchfondu

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As mentioned, I think mining is a great way to earn some passive income with crypto. Also, Gladius will have the option upon launch to rent your bandwidth out to earn Gladius Tokens, so there's that source of passive income to look forward to.

Murloc

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Well from one side you are having a passive income because your USD amount is going up every year but on tje other side you should still sell some of your btc (and you are not having any passive btc income). Mining could be the only type of such income but you still have to serve the equipment, make different investments and have some technical knowledge.

Jembut Ireng

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I'm glad because the bitcoin makes us able to generate extra income even many people who make bitcoin as the main income. I hope bitcoin can be legalized so it can be more useful.

jjdub7

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I know two 'methods' for passive income in crypto world:

1. Investing in casino bankrolls

2. Buying and holding POS currencies. There are few good around but the real deal will become in few month when ETH switch to POS.

Fundalini

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I think you should look up on bitconnect; the minimum investment amount is 100$ and returns after a year (?) . It has a bad rep before as a HYIP but the price skyrocketed then and it is included on the top 10 coins in the market so I think its worth the time to research.

CryptoBankr

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There is one small ICO that took place a couple months ago for Digital Developers Fund (DDF) - digitaldevelopersfund.com that buys and sells domain names and other intellectual property assets. They dividend out a portion of the profits to their coin holders per their website, which acts as passive income. Not sure how widely they trade or what type of liquidity they have - but it may be worth looking into. Note I do not own nor work for DDF.

richminded

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Quote from: Kisanaq on October 23, 2017, 05:17:17 PM

Now there is an easy way to generating money in a fast time, the presence of bitcoin makes it all very easy because we can make money without limit so I suggest to immediately invest bitcoin.

I can actually say that bitcoin is now my greatest source of passive income though i work hard for this I still consider this as my passive income since I have no fund when I started here. Bitcoin really offers opportunity for everyone who wants to earn money, bitcoin is the future and investing on this will surely make you rich in the future.

wxxyz

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If you're talking AltCoins, how come no one has mentioned NEO?

For holding NEO, you generate GAS - GAS is the coin that is used to pay for transaction power on the NEO network.

Here's a calculator to figure out how much NEO you need to generate how much GAS: https://neotogas.com/

pureclckr

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Quote from: bonghip on October 22, 2017, 10:48:26 AM

Quote from: Valkyria_Obscura on October 17, 2017, 02:46:23 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 invest your money with a few potential coin. Maybe you want to invest long, the best choice is still Bitcoin, then some altcoin like: Eth, Ltc, Waves, Ark, ....
You can buy altcoin now, but Bitcoin need wait for a time, now its price is too high.

In bitcoin you have both the ways of investment I mean short term as well as long term investment and the long term investment is for generation of passive income in which you will hold some bitcoin and wait for some time for which stable financial position is usually required.

Chachacoin17

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Quote from: Valkyria_Obscura on October 17, 2017, 02:46:23 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,

Let me define first what is Passive income in my own understanding. Passive income is a generating income even if you are not working on it day by day. Like for example holding gold and holding bitcoin. As time goes by you can earn profit if the price is high. So therefore, you can choose any coin and hold it as long as there is a great chance that it will goes up in the future.

Topic: Generating Passive Income - page 7. (Read 3395 times)