Generating Passive Income - page 8. | Bitcointalksearch.org

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Quote from: KuromaYoichi on October 22, 2017, 08:43:49 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,

Masternodes and Proof of stake will be your best buddies for passive income, you have to buy alts which have masternode or proof of stake algorithms and they will generate passive income from staking rewards. You can check mnrank.com or masternodes.pro to see the status and which one you'll buy later.

Who knows about these coins which are mention above masternode, lol I listen about it now that this is also a crypto currency because bitcoin has so much influence on the minds of investor that it will never let anyone to think about any other coin and that’s true whatever masternode is but it is not generating as high as compare to bitcoin and there are few talking about it but bitcoin is discussed all over the world.

Kr8os

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Strange how you're looking for a Cryptocurrency way to acquire passive income. I don't think (I'm not sure at all) there is any monetary based cryptocurrency out there that will GUARANTEE positive returns, you're better off doing LYFT or UBER.

chickenado

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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.

Indeed. This idea of passive income is so interesting and wonderful because it is accessible and convenient at the same time. It's an effortless transaction once you are paid. Not only that,but also There are many things to explore with bitcoin as digitized money. Technology has been a wide range of putting a good start for every people who are into bitcoin. Through internet we can access money and that is because bitcoin is there.

Kisanaq

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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.

andrei56

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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,

If that is what you are looking there are coins with those characteristics the most obvious ones are casino coins, not long ago you could invest in the bankroll of the casino and you got some of the profits in return, but now as is the case with BitDcice you can buy their token, and you are going to receive a portion of the earnings depending on the amount of tokens you have.

carlfebz2

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Quote from: tobs on October 23, 2017, 01:29:45 PM

Quote from: mocacinno on October 17, 2017, 03:48:51 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.

But you can always choose solid altcoins that have even potential for their price to raise. That way not only you get extra free coins for having them, but they all grow in value. I think for now Lisk would be such candidate, as they look solid enough. And when ethereum decides to switch into PoS, I guess they will be the leading coin to hold and earn passive income so it may also be a good idea to acquire them till they are still cheap.

If ETH would really switch into POS then this would really be a huge step and yes it can really be a good option to have passive income and so as on other altcoins too but there would really be only few candidate which can able to give us on that kind of opportunity. Pointing out on those coins would really be somehow hard since we cant really be sure if they are truly capable or not specially on longer runs.

tobs

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Quote from: mocacinno on October 17, 2017, 03:48:51 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.

But you can always choose solid altcoins that have even potential for their price to raise. That way not only you get extra free coins for having them, but they all grow in value. I think for now Lisk would be such candidate, as they look solid enough. And when ethereum decides to switch into PoS, I guess they will be the leading coin to hold and earn passive income so it may also be a good idea to acquire them till they are still cheap.

deadthings

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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,

But it is better to invest in something that gives you the opportunity to earn a term and receive its yield from time to time rather than invest money and just wait for the market to grow.

shinchan123

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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,

I think there are some cryptocurrencies created for passive income, you should try to invest in a real estate because it's one of the best way to earn a passive income. If you can invest a lot of bitcoin, you can earn a lot of passive income if you're going to hold it for a long time.

Rufsilf

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If you want to have a passive income then you should invest in real estate because if you will have a lot of properties like a multi-family home then you can have a rental business where you will rent your properties to other people and it will give you money every month and you can enjoy the life because you are not the one who is paying to the expenses but your money that is working for you.

winiets

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Mining cryptocurrency is also a passive income IMO.
The returns vary but depending on your power cost you should be able to ROI in 1-2 years.
It's a long term investment but a good one if you ask me.
I recently bought a mining rig with 18 Nvidia GTX 1060 6GB.
Im now mining zencash and i mine about 1 zencash each day.

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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,

Just hold bitcoin if you want to be rich one day but if you want to focus with other alt coins too try to look for those alt coins that has a big market cap or try to do your own background checking for each alt coin because most of them has future. But there are some alt coins that their devs are giving up that affects it so stick with alt coins that has better road map and white paper that's for reality.

Wipro

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Quote from: dancingnancy on October 23, 2017, 12:05:03 PM

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,

Hold bitcoin, the rate of return is much better compared to bank interest or gold. It's easily one of the easiest way to make money. Don't spend a lot on altcoins unless you are ready to face ups and downs, bitcoin's value has increased and has become better than Gold too.

altcoins price and supply reduced when compare with the bitcoin dude.
If you hold the bitcoin or invest the bitcoin related platform means you will get the easy returns with in some months. This is happening due to the price volatiliy of the bitcoin. If you invest in bitcoin trading you will be able to make the money daily according to price changing time only.

dancingnancy

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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,

Hold bitcoin, the rate of return is much better compared to bank interest or gold. It's easily one of the easiest way to make money. Don't spend a lot on altcoins unless you are ready to face ups and downs, bitcoin's value has increased and has become better than Gold too.

Dudeperfect

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Well, I think affiliate marketing is a good example of a passive income where you put some efforts and you get the returns after some period. However, passive income is not a permanent income, you have to keep putting efforts and you get returns for the work that you did earlier. Generating a passive income need patience in my opinion and you have to keep trying in multiple ways to find the best possible combination that brings most out of your efforts.

beerlover

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Quote from: konco_kenthel on October 18, 2017, 03:20:30 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.

There are some websites like freebitco.in or crypto-games.net that gives you a certain percentage daily or weekly (very low though) and can be considered as something that can give you some good stuff if you have much of bitcoin anyway.

However, even though some of these sites have been around for long, it is still a risky way to invest, but if you trust them, you can leave your funds in your wallet there and let it be increasing, possibly, that increase might amount to something pretty huge in future. If you have skills you can offer, that is just the best way to earn something good.

arpon11

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Quote from: mocacinno on October 17, 2017, 03:48:51 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 have make a good recommendation as the prove of stake make things easier to generate passive income. Most times also you can buy a good bots that can generate passive income for you by buying and selling some coins for you. There are also some tokens you can buy now and in few years from now you can generate passive income. We also should try and make a software that can generate passive income for us.

bonghip

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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,

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.

CryptoWave

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You can also create cryptocurrency related websites.

https://codecanyon.net/item/bitcoin-faucet-list/20435722 for example, will earn you passive cryptocurrency.

raven7886

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Quote from: Skyshark on October 17, 2017, 11:50:02 PM

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 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.

Right! It is either you work and get paid in bitcoin (which in itself is a passive income), and buy some altcoins from there hoping the value will increase later in the future just like bitcoin.
Buying and holding is not a passive way of making money as you are just hodling for a hope to have more value in future.

Passive income is what you earn for doing some work online and getting paid. And there are so many ways to do that from signature campaigns, bounty campaigns etc.

Topic: Generating Passive Income - page 8. (Read 3395 times)