Topic: Passive Income - page 24. (Read 81780 times)
Passive income can be generated with the smart investments like trading where you don't have to work for 24/7 but just need to have a close watch on price movements and if price exceeds your initial purchase then you make good profits so for me the passive income is to get from trading altcoins.
In my opinion the best definition (or objective) of passive income is when your money generates more money for you. For example, you give money to a business that needs funds and they pay you dividends every month. It is a passive income without a hard work.
That's called stocks dude. It is already mentioned many many times.
Trading isn't also a passive income. You are trading your money, it is not different than selling groceries for money. Its just, you don't have to open a real shop to sell your stuff but you still have to use your mind to make money by trading. (checking charts, trends, supports/resistances etc, that's a lot of work)
Renting your house is the best example for a passive income. You find someone who wants to rent your house, you sign a few papers and its over. You only collect money from your bank account every month. (that definitely doesn't take any brain or muscle power)
In my opinion the best definition (or objective) of passive income is when your money generates more money for you. For example, you give money to a business that needs funds and they pay you dividends every month. It is a passive income without a hard work.
Its really hard to generate income without doing anything and that is not possible in real world, investments are risky and may fail in long run so the best thing would be to invest it somewhere where you can have total control on your funds and gives you a power to take right decision at a right time.
If you are able to trade independently, you will have a passive income. For this, MLM companies can be a simple and alternative solution.
Buying bitcoins on a low price is a passive income, at least for me. Say, if you bought at $200 and right now it's currently sitting at $400, haven't you profited off of it?
What if the price of your Bitcoin never rose beyond $200 or even took a dive to less than $100, would you perhaps say, "I have made a negative passive income" The scenario you cited above is nothing but mere trading and miles away from being a passive income. Do you notice you must have to perform another task - placing another trade for another profit making opportunity to ever be possible? Passive income actually works like machine, set like once and forget. The passive income that i think we can call if you have a stable job.. not contract job.. this is i think we can say passive income because monthly you can get your salary..
Passive income means money flowing that you don't get to work hard for it. If for instance you get to earn few bucks by uploading the pictures on deviantart.com, then that's a passive income -- something that you don't sweat. Anything that you like doing and yet you get to earn like uploading youtube videos. The last part is hard to achieve though, getting much subscriber and making a channel famous isn't easy. But there are people lucky enough to have done it.
These people put a lot of effort for this. And now they get a passive income without doing anything. All the ways of getting passive income or start with an investment of money or with the investment of time and effort
You could lend BTC at Poloniex. The profit is small but at least it has profit.
Yeah that is also a passive income but it will not be worthful for a person to live with with that he will also need to do any hard work to earn some more money to support his family and if he have a high amount of capital to lend then I will suggest to start a business with that money it wil give a profit for generations to you and you will not have any fear of defaulters. Buying bitcoins on a low price is a passive income, at least for me. Say, if you bought at $200 and right now it's currently sitting at $400, haven't you profited off of it?
What if the price of your Bitcoin never rose beyond $200 or even took a dive to less than $100, would you perhaps say, "I have made a negative passive income" The scenario you cited above is nothing but mere trading and miles away from being a passive income. Do you notice you must have to perform another task - placing another trade for another profit making opportunity to ever be possible? Passive income actually works like machine, set like once and forget. The passive income that i think we can call if you have a stable job.. not contract job.. this is i think we can say passive income because monthly you can get your salary..
Passive income means money flowing that you don't get to work hard for it. If for instance you get to earn few bucks by uploading the pictures on deviantart.com, then that's a passive income -- something that you don't sweat. Anything that you like doing and yet you get to earn like uploading youtube videos. The last part is hard to achieve though, getting much subscriber and making a channel famous isn't easy. But there are people lucky enough to have done it.
Buying bitcoins on a low price is a passive income, at least for me. Say, if you bought at $200 and right now it's currently sitting at $400, haven't you profited off of it?
What if the price of your Bitcoin never rose beyond $200 or even took a dive to less than $100, would you perhaps say, "I have made a negative passive income" The scenario you cited above is nothing but mere trading and miles away from being a passive income. Do you notice you must have to perform another task - placing another trade for another profit making opportunity to ever be possible? Passive income actually works like machine, set like once and forget. The passive income that i think we can call if you have a stable job.. not contract job.. this is i think we can say passive income because monthly you can get your salary..
Buying bitcoins on a low price is a passive income, at least for me. Say, if you bought at $200 and right now it's currently sitting at $400, haven't you profited off of it?
What if the price of your Bitcoin never rose beyond $200 or even took a dive to less than $100, would you perhaps say, "I have made a negative passive income" The scenario you cited above is nothing but mere trading and miles away from being a passive income. Do you notice you must have to perform another task - placing another trade for another profit making opportunity to ever be possible? Passive income actually works like machine, set like once and forget. 
whether revenue from the website also includes passive income? every day I take the time for this forum and my website I have to make a minimum of 1 articles in 3 days, when I first tried it's hard, but hard work is followed with great results
Yep. This is my passive income too. Joining in signature campaign is great for me. It makes me make a profit every week. And I am happy because of simple replying and maki it constructive makes me a passive income. So for signature campaign us the best passive income here in bitcointalk and internet.There is nothing called "Passive income" - there must be some active role otherwise no one is going to pay your for free.
Writing articles does need active brain functions and thinking. Making constructive posts and participating in signature campaigns need time and thought and reasoning.
Hence they are not passive income - in fact there is no such thing as passive income.
Oh mate, you're quite limiting yourself. Savings accounts are passive income. Treasury bills are passive income. Company issued bonds are passive income. Stocks that pay dividends are passive income. There is no shortage of ways to earn passive income. Not only is it a thing, but it's quite a common way investment professionals help manage risk and maximize gain.
You could lend BTC at Poloniex. The profit is small but at least it has profit.
There s no such thing as passive income. You need to work to make money.
Some projects require more and some less work but in general, something working for you is always a scam. Cause if it s that great, why would a provider sell it?
completely agree, work is the only way to get some income, in my opinion all passive incomes are just a fraud, and in some moment, they will run away with the money Some projects require more and some less work but in general, something working for you is always a scam. Cause if it s that great, why would a provider sell it?
Buying bitcoins on a low price is a passive income, at least for me. Say, if you bought at $200 and right now it's currently sitting at $400, haven't you profited off of it? Also, if you are kind of wary of investing your money into bitcoin and just letting it sit there, you can still try to do some stuff on the web that will generate passive income e.g. referral trains on some gambling sites. You must first spend a tad ton of time before you gain something passively in a significant manner.
This is a good way of earning passive income but as of now those new comers will need to allocate a lot of time for doing this type of strategy of buying and selling of bitcoins. Because the price of bitcoin now is considered as high one, but if you believe that bitcoin is going to increase more for the next months, then you can just buy one today.
Buying bitcoins on a low price is a passive income, at least for me. Say, if you bought at $200 and right now it's currently sitting at $400, haven't you profited off of it? Also, if you are kind of wary of investing your money into bitcoin and just letting it sit there, you can still try to do some stuff on the web that will generate passive income e.g. referral trains on some gambling sites. You must first spend a tad ton of time before you gain something passively in a significant manner.
whether revenue from the website also includes passive income? every day I take the time for this forum and my website I have to make a minimum of 1 articles in 3 days, when I first tried it's hard, but hard work is followed with great results
Yep. This is my passive income too. Joining in signature campaign is great for me. It makes me make a profit every week. And I am happy because of simple replying and maki it constructive makes me a passive income. So for signature campaign us the best passive income here in bitcointalk and internet.There is nothing called "Passive income" - there must be some active role otherwise no one is going to pay your for free.
Writing articles does need active brain functions and thinking. Making constructive posts and participating in signature campaigns need time and thought and reasoning.
Hence they are not passive income - in fact there is no such thing as passive income.
If we assume passive income is what First thought is then there is no passive income. Except being born in very rich family (I mentioned same in other thread 'gradual passive income'.)
If we assume passive income is what Second thought is then there are lot of opportunities like Renting house or stuff is example of Passive income.
whether revenue from the website also includes passive income? every day I take the time for this forum and my website I have to make a minimum of 1 articles in 3 days, when I first tried it's hard, but hard work is followed with great results
yes I also think that running a website is a passive income because when once you make your site popular then after that you will not need to work like the beginning and you will get some profit from that website because of the continuous traffic to your site.In order to be competitive you always need to spend time and work on your website or any other service you provide, even if it is popular, this is a mistake of many people that they think that if they did something once and it is profitable now it will stay the same and there is no need in further development, slowly or fast it leads to loss of audience/traffic/profit.
whether revenue from the website also includes passive income? every day I take the time for this forum and my website I have to make a minimum of 1 articles in 3 days, when I first tried it's hard, but hard work is followed with great results
Yep. This is my passive income too. Joining in signature campaign is great for me. It makes me make a profit every week. And I am happy because of simple replying and maki it constructive makes me a passive income. So for signature campaign us the best passive income here in bitcointalk and internet.There is nothing called "Passive income" - there must be some active role otherwise no one is going to pay your for free.
Writing articles does need active brain functions and thinking. Making constructive posts and participating in signature campaigns need time and thought and reasoning.
Hence they are not passive income - in fact there is no such thing as passive income.
If we assume passive income is what First thought is then there is no passive income. Except being born in very rich family (I mentioned same in other thread 'gradual passive income'.)
If we assume passive income is what Second thought is then there are lot of opportunities like Renting house or stuff is example of Passive income.
whether revenue from the website also includes passive income? every day I take the time for this forum and my website I have to make a minimum of 1 articles in 3 days, when I first tried it's hard, but hard work is followed with great results
yes I also think that running a website is a passive income because when once you make your site popular then after that you will not need to work like the beginning and you will get some profit from that website because of the continuous traffic to your site. 
whether revenue from the website also includes passive income? every day I take the time for this forum and my website I have to make a minimum of 1 articles in 3 days, when I first tried it's hard, but hard work is followed with great results
You write articles and earn from them, it can be done in real life too (not just with forum), then you will consider it is a passive income. People are misinterpreting passive income as it is from cyber world. But actually passive income must be defined as incomes which are being generated with little to zero efforts.
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