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Topic: Passive Income - page 19. (Read 81763 times)

hero member
Activity: 1022
Merit: 500
February 08, 2017, 03:50:14 AM
Hello everyone.

When I first started studying marketing and business the first suggestion I received from some successful people in my niche was to first establish a source of passive-income. For some this is placing ads on their personal website or otherwise capitalizing on their hobbies (e.g capitalizing on your forum hobbies with signature campaigns), and for others this means developing a product or service-solution which manages and sells itself.

Passive-income sources should be thought of as an investment. Like any kind of asset, it can be analyzed to determine whether your time-input is sufficient for your income-output. For example, if it takes you X hours a week to post on forums and you make $X.XX... maybe it would be more cost-efficient for you to learn a trade-skill, or take on some over-time, or make YouTube videos to promote your personal website or hobby. ¯\_(ツ)_/¯

Whatever it is you do, whether you manage an online-store or you post on BitcoinTalk forums on your weekends, share your knowledge with us so we can all support each other.

Shalom aleichem.
When we say passive income, once you invest for something you will seat and wait for your profit. But in bitcoin world the only thing is passive was cloud mining/bitcoin mining sites, but most of them are Ponzi/HYIP no assurance for a long term income. Then earning in signature campaign is not passive income that can be consider, because if you did not follow their rules in the campaign you won't get paid, in short no work, no pay just like an employee, in trading same, but you can earn more than anything you can expect if you are great/expert traders.
hero member
Activity: 1190
Merit: 500
February 08, 2017, 03:39:51 AM
Well i invested in lots of ico, and invested into a wrong ico.

What i am hoping is that i can be able to invest into a right ico coins or a good project which pays a consistent dividends back so i can earn my passive income stablely
yeah. few ICOs gave a lot of profits. but lots of ICOs are getting failed or doing scam. remember Iconomi, Pesobit and other goood ICOs, I've bought 5000 Pesobit coins. I've bought one PSB for 400 satoshi and sold each for 3000 k satoshi..

sometimes it will be very beneficial when you choose and buy the right ICO and potential. but most ICO is a scam and just to make a profit for the owner only. so passive income would be too risky
legendary
Activity: 938
Merit: 1002
February 08, 2017, 03:26:57 AM
I would really be careful with that. ICO's are risky investments for many have used this just to collect money then run. I would rather invest my money to the known gambling sites here which are paying a large amount of bitcoin just for advertisement here and also making twitter and social media campaigns which pays much also. With this you will know that this website are to be trusted if they can pay up that large amount of money. That means they really prepared a big amount of capital for popularity reasons.
I don’t think that any site is worth investing in, since the amount of profit is not worth neither the time or the money invested, and plus why take the risk when you can just earn by either working on this forum or just offering skills you have for bitcoin, and saving that amount until the price goes up and then selling and rebuying when the price goes down.
sr. member
Activity: 462
Merit: 250
February 08, 2017, 01:08:05 AM
ICOs are not an passive income, it is more like a gambling stuff. The prob of losing your money are bigger than the odds of winning. Also, ICOs don't offer dividends or something like that.

Yup, ico is not good in investment, you should know about their platform and organization. Some coin held ico make bigger profit for their investor, but it's not really answer for passive income
sr. member
Activity: 560
Merit: 290
www.thegeomadao.com
February 07, 2017, 06:16:18 PM
ICOs are not an passive income, it is more like a gambling stuff. The prob of losing your money are bigger than the odds of winning. Also, ICOs don't offer dividends or something like that.
full member
Activity: 158
Merit: 100
February 07, 2017, 01:26:44 PM
Well i invested in lots of ico, and invested into a wrong ico.

What i am hoping is that i can be able to invest into a right ico coins or a good project which pays a consistent dividends back so i can earn my passive income stablely
yeah. few ICOs gave a lot of profits. but lots of ICOs are getting failed or doing scam. remember Iconomi, Pesobit and other goood ICOs, I've bought 5000 Pesobit coins. I've bought one PSB for 400 satoshi and sold each for 3000 k satoshi..

That is what bad investing looks like. You invested on many ICOs yet not studying all of them. Let is be know that ICOs are like IPOs in the Stock Market you don't know what's its price will be after several days. It is more like gambling rather than investing because you don't know what the market's impression for the cryptocurrency yet.

You're right, such investment is very risky. It can not predict, it's more like a game.
And so it is called passive income is impossible. There needs constant supervision
hero member
Activity: 2912
Merit: 642
February 07, 2017, 10:28:45 AM
I would really be careful with that. ICO's are risky investments for many have used this just to collect money then run. I would rather invest my money to the known gambling sites here which are paying a large amount of bitcoin just for advertisement here and also making twitter and social media campaigns which pays much also. With this you will know that this website are to be trusted if they can pay up that large amount of money. That means they really prepared a big amount of capital for popularity reasons.
hero member
Activity: 1806
Merit: 672
February 07, 2017, 10:15:17 AM
Well i invested in lots of ico, and invested into a wrong ico.

What i am hoping is that i can be able to invest into a right ico coins or a good project which pays a consistent dividends back so i can earn my passive income stablely
yeah. few ICOs gave a lot of profits. but lots of ICOs are getting failed or doing scam. remember Iconomi, Pesobit and other goood ICOs, I've bought 5000 Pesobit coins. I've bought one PSB for 400 satoshi and sold each for 3000 k satoshi..

That is what bad investing looks like. You invested on many ICOs yet not studying all of them. Let is be know that ICOs are like IPOs in the Stock Market you don't know what's its price will be after several days. It is more like gambling rather than investing because you don't know what the market's impression for the cryptocurrency yet.
legendary
Activity: 1176
Merit: 1016
February 07, 2017, 10:01:30 AM
Well i invested in lots of ico, and invested into a wrong ico.

What i am hoping is that i can be able to invest into a right ico coins or a good project which pays a consistent dividends back so i can earn my passive income stablely
yeah. few ICOs gave a lot of profits. but lots of ICOs are getting failed or doing scam. remember Iconomi, Pesobit and other goood ICOs, I've bought 5000 Pesobit coins. I've bought one PSB for 400 satoshi and sold each for 3000 k satoshi..
hero member
Activity: 1568
Merit: 511
February 07, 2017, 09:39:39 AM
Well i invested in lots of ico, and invested into a wrong ico.

What i am hoping is that i can be able to invest into a right ico coins or a good project which pays a consistent dividends back so i can earn my passive income stablely
legendary
Activity: 1918
Merit: 1728
February 07, 2017, 09:32:48 AM
if you have a big capital it will be easier to generate passive income but if the passive income we get from businesses that still needs a lot of our intervention, I think it's not a good idea. I prefer to invest in rental property because it was more practical.
I believe there are a lot of real time opportunities to generate passive income with lot of capital amount when compared to online opportunities. We could not find many legit opportunities online even we will be ready to invest very big capital amounts. Based on a rental trend in your country, you can earn handsome by renting out properties.

Big Capital is just one of the aspect of generating Passive Income. It is still possible to generate passive income without big money along with your 10-6 job!
I have many friends, along with their job, they are generating good money online. Best is again- Bitcoin. Bitcoin has offered wide earning opportunities to people. If someone has skills like designing, article writing, etc., Bitcoin can offer passive handsome earnings to people.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
February 07, 2017, 09:26:28 AM

Isn't that your "job" to make videos that would give Youtube even more traffic? You can't earn a good amount of money without getting "troubled". Everything that's easy doesn't pay off. You need to do hard things in life to get the amount of money that you desire. Honestly, posting youtube videos is not that hard once you posted enough videos since (a.) people are already starting to subscribe to you, (b.) you already have all the necessary equipments, (c.) you're not entirely new to it anymore.

If you expect to make shit ton of money by posting normal and boring videos, then how much more can Youtube entertainers earn?

Agree. To be able to make good passive income out of YouTube, you would need to spend a lot of time and effort to create good videos that will help you gain a steady sum of viewers, and earn you profits. You can't expect to make thousands of dollars with just a couple of videos. But, if you take your time to make good quality videos, then the subscribers will come and you will get excellent results.

That is why, it is very difficult to build a passive income for your life, as you would need a good amount of capital and effort to achieve it. But in the end, you will be benefiting from it in the future.

I think that the easiest way for you to build passive income, would be via the use of cryptocurrencies. Just my opinion.  Grin
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 07, 2017, 04:37:13 AM
if you have a big capital it will be easier to generate passive income but if the passive income we get from businesses that still needs a lot of our intervention, I think it's not a good idea. I prefer to invest in rental property because it was more practical.
I believe there are a lot of real time opportunities to generate passive income with lot of capital amount when compared to online opportunities. We could not find many legit opportunities online even we will be ready to invest very big capital amounts. Based on a rental trend in your country, you can earn handsome by renting out properties.

the one thing that i know to have passive income by online is we make a website, maintain it, make a link with other sites, have a product or good article in our website, join as publisher, then we can have passive income as our source to make money. but the challenge is really hard, because we need to maintain our website and stay focus with the site.
legendary
Activity: 1288
Merit: 1036
February 07, 2017, 03:00:41 AM
if you have a big capital it will be easier to generate passive income but if the passive income we get from businesses that still needs a lot of our intervention, I think it's not a good idea. I prefer to invest in rental property because it was more practical.
I believe there are a lot of real time opportunities to generate passive income with lot of capital amount when compared to online opportunities. We could not find many legit opportunities online even we will be ready to invest very big capital amounts. Based on a rental trend in your country, you can earn handsome by renting out properties.
sr. member
Activity: 364
Merit: 250
February 06, 2017, 11:05:45 PM
Passive income can be earned through another source of business like using that income from stable job you have, and then you use your money coming from for capitalizing another form of business thats earns another income. You should not depend on one source of income but be able to get money from second source which could be profitable on both ways you have for the future and stable growth of your profits.
you're right, if you have a big capital it will be easier to generate passive income but if the passive income we get from businesses that still needs a lot of our intervention, I think it's not a good idea. I prefer to invest in rental property because it was more practical.
legendary
Activity: 1372
Merit: 1008
February 06, 2017, 08:00:33 PM
I think the best way to have guaranteed passive income (if we aren't talking specifically Bitcoin) is to invest in bank stocks. In general, they give 3-5% yield per year in dividends, and the value is very steady. Plus, investing in something like a bank provides a lot of security; they'll always be around.

That's more of a low-effort method. If you are willing to spend a lot of time and energy, then looking into something like app-dev is definitely worth it.
3%-5% annual yield is an average rate of return, plus these are usually the rates that government bonds and treasury bills also yield. But to make more from passive investments, it should be able to beat inflation year in and year out. Money loses a bit of purchasing power due to high inflation rates. If your investment are able to beat inflation, you are on your way to greater passive income.

It's funny you're betting on banks on a bitcoin forum.   

I'm not sure if you're aware, but bitcoin was specifically designed to destroy the banking industry.

Investing in banks right now is probably the stupidest thing you could do.

Yes you are right. Banks give a very small percentage of the profits. Bitcoin can give much more. 3-5% per annum is very small. Losses from inflation will be higher.
I think bank investment is not a good idea. Just buy bitcoin and wait % 5 profit and sell. If the price is going to rice just don't buy because you have the same profit with a bank for one year. If the price fall down you can buy. That is it. This way is much more profitable than a bank.
but with the banks you will get a definite security. your money will be safe and will not diminish the value of your money, whereas with bitcoin you know the risks that exist in bitcoin. so you can not necessarily profit within a certain period
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
February 06, 2017, 07:25:35 PM
Passive income can be earned through another source of business like using that income from stable job you have, and then you use your money coming from for capitalizing another form of business thats earns another income. You should not depend on one source of income but be able to get money from second source which could be profitable on both ways you have for the future and stable growth of your profits.
sr. member
Activity: 994
Merit: 391
February 06, 2017, 07:17:01 PM
I think the best way to have guaranteed passive income (if we aren't talking specifically Bitcoin) is to invest in bank stocks. In general, they give 3-5% yield per year in dividends, and the value is very steady. Plus, investing in something like a bank provides a lot of security; they'll always be around.

That's more of a low-effort method. If you are willing to spend a lot of time and energy, then looking into something like app-dev is definitely worth it.
3%-5% annual yield is an average rate of return, plus these are usually the rates that government bonds and treasury bills also yield. But to make more from passive investments, it should be able to beat inflation year in and year out. Money loses a bit of purchasing power due to high inflation rates. If your investment are able to beat inflation, you are on your way to greater passive income.

It's funny you're betting on banks on a bitcoin forum.    

I'm not sure if you're aware, but bitcoin was specifically designed to destroy the banking industry.

Investing in banks right now is probably the stupidest thing you could do.

Yes you are right. Banks give a very small percentage of the profits. Bitcoin can give much more. 3-5% per annum is very small. Losses from inflation will be higher.
I think bank investment is not a good idea. Just buy bitcoin and wait % 5 profit and sell. If the price is going to rice just don't buy because you have the same profit with a bank for one year. If the price fall down you can buy. That is it. This way is much more profitable than a bank.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
February 06, 2017, 05:32:19 PM
I think the best way to have guaranteed passive income (if we aren't talking specifically Bitcoin) is to invest in bank stocks. In general, they give 3-5% yield per year in dividends, and the value is very steady. Plus, investing in something like a bank provides a lot of security; they'll always be around.

That's more of a low-effort method. If you are willing to spend a lot of time and energy, then looking into something like app-dev is definitely worth it.
3%-5% annual yield is an average rate of return, plus these are usually the rates that government bonds and treasury bills also yield. But to make more from passive investments, it should be able to beat inflation year in and year out. Money loses a bit of purchasing power due to high inflation rates. If your investment are able to beat inflation, you are on your way to greater passive income.

It's funny you're betting on banks on a bitcoin forum.   

I'm not sure if you're aware, but bitcoin was specifically designed to destroy the banking industry.

Investing in banks right now is probably the stupidest thing you could do.

Yes you are right. Banks give a very small percentage of the profits. Bitcoin can give much more. 3-5% per annum is very small. Losses from inflation will be higher

Bitcoin has been giving hope for only a little over a year

Before that (i.e. prior to September, 2015) it had been either collapsing or sticking around 200 dollars per coin. How can you be so sure that it won't go down in the coming months or just hang around its current highs? I don't say than lending money to a bank is a very good idea but at least you are more or less guaranteed to get that interest. If you want steady and reliable income on par with inflation just buy government bonds (unless you are living in a country like Zimbabwe, of course)
legendary
Activity: 1008
Merit: 1060
February 06, 2017, 12:55:41 PM
Preparing educational videos can be a good idea for passive income. You can publish it on sites like Udemy. Once you have created the content, you will have a passive income.

But I do not think you will make too much money. Good capital is required for a good passive income.
but I think you need a video that much for it. Well, it is not easy to seek passive income, but, I think this is not a bad idea, because so many people are getting passive income with the video, but by using youtube and google adsense. Well, if we work hard, for sure it would work.
Youtube is more and more terrible over years and they only pay a small money for people who upload their videos. That's why people prefer to use vine or rumble. As you can see, there are many Viners who earn thousands of dollar every month thanks to uploading videos on Vine. Therefore, working with Youtube is not a good idea at present


It's possible to earn good revenue when you create regular content for YouTube. Channels with 250-300k subscribers can earn 3-4k dollars a month.

Of course, the number of subscribers is not enough. You need to have a high rate of watching.
One of my friend decided to do the same thing like to create a youtube channel and upload his videos on that channel but after a longer tme he tod me that it is very hard to work on there and to collect some create videos and still he is earning nothing. I think it is better to create a blog and start earning from there with any good ad network.
I think it is a very good passive income from a youtubers. dala produce 3k-4k a month is extraordinary income. if it's like that, YouTube is an excellent place to get a passive income, but I am sure it will not be easy as I imagined.

Making you tube videos or blogs to earn massive profits is a good idea. I am not against it but it is very troubling. It is troubling because you need to capture the interest of the audience since if you dont build up sufficient traffic for your site you wont be earning hundreds of dollars weekly. When you do that kind of business you must have many gimmicks to promote your video or your webpage so you will earn otherwise you will not earn.

Isn't that your "job" to make videos that would give Youtube even more traffic? You can't earn a good amount of money without getting "troubled". Everything that's easy doesn't pay off. You need to do hard things in life to get the amount of money that you desire. Honestly, posting youtube videos is not that hard once you posted enough videos since (a.) people are already starting to subscribe to you, (b.) you already have all the necessary equipments, (c.) you're not entirely new to it anymore.

If you expect to make shit ton of money by posting normal and boring videos, then how much more can Youtube entertainers earn?
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