Topic: Passive Income - page 3. (Read 81763 times)
I believe passive income is only achievable when you worked extra hard for it. In crypto i believed there are lots of gold mines that succeed in providing their early investors consistent profits upon their product, bitcoin is a great example and if you mined and expand earlier, it's basically passive income as you literally do less thing and earn more than normal people do. Projects that practices revenue sharing tokens are good source of passive income too, any industry with mass adoption like casinos and exchanges are your best bet to look into, make sure you got the right one though.
For the last past year, holding bitcoins was a good passive income that's for sure.
And that's the real one. Noboy can argue against it. You buy, you hold = profit. Zero effort. Passive.
And that's the real one. Noboy can argue against it. You buy, you hold = profit. Zero effort. Passive.
But it was dangerous enough. Price dumping, market volatile, problems with regurators. You must have steel balls to keep calm and do nothing
Sometimes it's the hardest thing. 
If I had some money which I don`t plan to use in near future I would consider on using the masternode wallets of altcoins which can provide a pretty well passive income by just holding coins on it.
For the last past year, holding bitcoins was a good passive income that's for sure.
And that's the real one. Noboy can argue against it. You buy, you hold = profit. Zero effort. Passive.
And that's the real one. Noboy can argue against it. You buy, you hold = profit. Zero effort. Passive.
There is legitimate HYIP sites, they are all scams, you may be lucky at first but if you are a greedy person they will still run away with your money, because you will still invest more than you first earned, The average life cycle of most HYIP site is 5 days
I will not entrust my money to an investment that has a hyip system, when I want to invest I certainly have to do research and see the project and the background of the company, so I can know the purpose and potential of the investment that I will choose, I never random in choosing a passive income investment,, Some of my passive income is a vending machine coffee and signature campaign.,Because this is my idea im very interesting to do it and i know this a good profit and investment.This is why i really like this we need only a spent more time,perseverance and patience so that it will grow someday,..
I don't think you fully grasp the idea of a passive income. A vending coffee machine can be considered a passive income but a signature campaign is a different thing. Usually, a passive income means that you are earning money from other sources without much effort or full involvement. If you are in a signature campaign, you are most likely obligated to follow specific rules that the campaign started and mostly all of them require you to be online mostly for the whole week. You have full involvement in joining signature campaign so that means it can be considered as an active income.I have encountered once there are signature campaign that don't allow you to do anything but paste the codes in the signature box. I don't know why they do it but yes its a passive income too.
There are several projects that allows you to earn dividends which was proven by TAAS team. There are more like MNX coin which you can coins by just banking your MNX to thier MNXbank, this sure is a passive income and one of my fav is NEO which you can also receive GAS tokens.
Some of my passive income is a vending machine coffee and signature campaign.,Because this is my idea im very interesting to do it and i know this a good profit and investment.This is why i really like this we need only a spent more time,perseverance and patience so that it will grow someday,..
I don't think you fully grasp the idea of a passive income. A vending coffee machine can be considered a passive income but a signature campaign is a different thing. Usually, a passive income means that you are earning money from other sources without much effort or full involvement. If you are in a signature campaign, you are most likely obligated to follow specific rules that the campaign started and mostly all of them require you to be online mostly for the whole week. You have full involvement in joining signature campaign so that means it can be considered as an active income. 
in this case, passive income can be in the event that you give your money to the professional, and he increases them...in that case - you don't make efforts, and the capital grows
Passive income is a revenue you earn even when you aren't actively working. Meaning it is an investment. Money works for you. Even if you are sleeping, you are earning. That what you call investment. And there are a lot of ways to earn passive income. It may be tangible or intangible investment. One of good example of tangible investment is real estate. You may convert land into dormitories, hotel or even apartments. Example of intangible investment is stocks or cryptocurrencies.
Passive Income that there are various kinds. As already mentioned in the quote above, passive means not active, meaning Passive Income means income that can be obtained with the action is not active or indirectly. Suppose we have a website, in the website we already have a lot of content and people will see our content every day. Although today we are not creating new content, but people can still see our existing content and we can still earn every day. Passive Income does not have to be an investment, which is why people can earn money while sleeping. But actually it does not mean we do not work at all, we keep working by monitoring it all.
Years ago, I had zazzle and cafepress stores which were an ok source of passive income
Today, I have none.
Definitely have to look into obtaining some.
Renting houses could be good passive income, but it requires big capital. Gaining asset is important if we want to get many passive income. Or you can do minning but its hard to do and also its requires high spec of hardware. Today, I have none.
Definitely have to look into obtaining some.
Passive income is what I'm currently putting all my focus into, the best part is you can just keep producing different streams of it and multiplying the income.
Currently getting passive income through my online e-commerce shop not much but I get it all through organic instagram traffic so even 2-5 orders a week is easy money for just driving to the post office while I have my IG account just auto following.
DeepOnions by getting free onions from their airdrop and the cryptocurrency is increasing so it feels great to be getting dividends be being investing in.
Looking to put a down payment on a duplex in the next year and rent the other half out while paying trying to get it payed off with as quick as possible (Crypto gains!) and than trying to get to true financial freedom through real estate!
Currently getting passive income through my online e-commerce shop not much but I get it all through organic instagram traffic so even 2-5 orders a week is easy money for just driving to the post office while I have my IG account just auto following.
DeepOnions by getting free onions from their airdrop and the cryptocurrency is increasing so it feels great to be getting dividends be being investing in.
Looking to put a down payment on a duplex in the next year and rent the other half out while paying trying to get it payed off with as quick as possible (Crypto gains!) and than trying to get to true financial freedom through real estate!
For me passive income was buy a house or apartment then rent it yearly, so we get passive income every year.
But nowadays mostly property has rise the prices. We can saving our income one of the most is in this forum we get pay from bounty then save it till you get enough buy a apartment or house.
But nowadays mostly property has rise the prices. We can saving our income one of the most is in this forum we get pay from bounty then save it till you get enough buy a apartment or house.
There is legitimate HYIP sites, they are all scams, you may be lucky at first but if you are a greedy person they will still run away with your money, because you will still invest more than you first earned, The average life cycle of most HYIP site is 5 days
Passive income is a revenue you earn even when you aren't actively working. Meaning it is an investment. Money works for you. Even if you are sleeping, you are earning. That what you call investment. And there are a lot of ways to earn passive income. It may be tangible or intangible investment. One of good example of tangible investment is real estate. You may convert land into dormitories, hotel or even apartments. Example of intangible investment is stocks or cryptocurrencies.
Some of my passive income is a vending machine coffee and signature campaign.,Because this is my idea im very interesting to do it and i know this a good profit and investment.This is why i really like this we need only a spent more time,perseverance and patience so that it will grow someday,..
Automatic coffee vending machine isn't entirely a passive income since you also have to do maintenance. You have to change the water jog once it's all gone and you have to replace the coffee and sugar as well (or whatever is inside your vending machine). You also have to secure the machine and take a look at it every once in a while so you know that people aren't just bypassing your vending machine by ticking the small piece of metal inside that senses that a coin was inserted.
It goes without saying, signature campaign isn't a passive income. Simply look at the previous posts for further explanation.
Yeah signature campaign also will take time and effort ao i don't think it can be conaidered as passive. Saving btc's for one is a good passive way to earn though it may take time. But i think every passive income here would take a bit longer than when you're putting effort in it.
Some of my passive income is a vending machine coffee and signature campaign.,Because this is my idea im very interesting to do it and i know this a good profit and investment.This is why i really like this we need only a spent more time,perseverance and patience so that it will grow someday,..
Automatic coffee vending machine isn't entirely a passive income since you also have to do maintenance. You have to change the water jog once it's all gone and you have to replace the coffee and sugar as well (or whatever is inside your vending machine). You also have to secure the machine and take a look at it every once in a while so you know that people aren't just bypassing your vending machine by ticking the small piece of metal inside that senses that a coin was inserted.
It goes without saying, signature campaign isn't a passive income. Simply look at the previous posts for further explanation.
Yeah signature campaign also will take time and effort ao i don't think it can be conaidered as passive. Saving btc's for one is a good passive way to earn though it may take time. But i think every passive income here would take a bit longer than when you're putting effort in it.
Years ago, I had zazzle and cafepress stores which were an ok source of passive income
Today, I have none.
Definitely have to look into obtaining some.
Today, I have none.
Definitely have to look into obtaining some.
reading some of these comments in the previous couple of pages, i can see some people around here have no idea what a passive income is! so i am guessing you have never had any.
a passive income is not what you work for it hard and sustain stress to make it. a passive income is what comes easily without needing you to work much. for example an investment that is giving you a profit each month but is guaranteed. or like as someone said, when you rent your house and get the payment each month.
but things like trading and signature campaigns that some of you like to repeat are not "passive" income.
a passive income is not what you work for it hard and sustain stress to make it. a passive income is what comes easily without needing you to work much. for example an investment that is giving you a profit each month but is guaranteed. or like as someone said, when you rent your house and get the payment each month.
but things like trading and signature campaigns that some of you like to repeat are not "passive" income.
Passive income is something where you put money and simply watch it growing without working or making any efforts and if we talk about signature campaign then its not an passive income as you have to work for it and make posts on daily basis then only you will be get paid at the end of the day.
Yeah Exactly passive income is a one time investment and then see the money growth. There are not much passive income scheme which are really legal and paying. Most of such schemes are for short term only and should be avoided.
Things may be different with trading too
First, passive income doesn't in the least mean that it should necessarily be fixed like, for example, bank deposits are. The counterexample is dividend payments which are nowhere close to being a fixed or even regular income but they can still can be legitimately considered as passive income. Now to trading, if you are an experienced seasoned trader and a good developer at that, you could easily write a bot that will be earning for you and instead of you. I agree in advance that you should still closely watch how it behaves and whether it actually earns anything in the first place (that seems to be the most important thing) but apart from that, this should be considered as a source of potential passive income as well
Some of my passive income is a vending machine coffee and signature campaign.,Because this is my idea im very interesting to do it and i know this a good profit and investment.This is why i really like this we need only a spent more time,perseverance and patience so that it will grow someday,..
A vending coffee machine can only be considered passive if you have many units and are efficiently producing big profits. On the other hand signature campaign is not a passive income since you need to be active to earn thus our earning here is considered active income. Correct me if I am wrong but passive income happened when you are not doing something but still receiving some profits.
Your story is awesome and I wish I could have that kind of passive income in the future and the money that I will be earning from some campaigns that I will be having soon, if ever I got accepted for payments can be use for any business sources that earns passive income. Having a regular job is good source but much better to not rely on just only one source but rather have any part time income as well as the passive income.
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