Topic: Passive Income - page 66. (Read 81780 times)

All of your methods for passive income are quite interesting, and I have a question about hashnest. Do you have to purchase one AntMiner system as opposed to just purchasing a hash rate, or can you do both? I saw that there are contracts that you can sign up for, but is it strictly contracts in order to get  x TH/s?

And I am suddenly more interested in seeing your ebook, I wonder what's inside of it...

It seems that P4ndoraBox7 has a real solution for making that money and I like what he is doing and the way he is making money here.

Got 3 passive income.

Mining
Hashnest
and https://bitcointalksearch.org/topic/available-online-passive-income-ebook-001-btc-1290702

I hope I could get the idea well but I think what you meant by passive-income is what I did when I was a novice programmer and I wanted to learn more and I got projects with low price so this way I had to learn programming and I also could make some money.

Yes, from stock dividends--I believe that's completely passive, as I do nothing day-to-day to earn what I get.  As others I think have said, sig campaign earnings are not passive.  That's my understanding.  I do post for fun but I'm in a campaign, and whether it's a hobby or not, I still have to "work" for the bitcoin I get.

Wish I had rental properties, that would be sweet.

Time travel here I come 

That is very true. In life, if you want anything done right, you need to work hard for it. For me, I have a hobby to write on this forum, so I am in a signature campaign which earns me a decent amount of extra income.

they are not available as a open source, they are mostly made by private individual and at best you cna find one by buying, i guess not worth it anymore today, because there are very few good faucet that you can use with the bot

This is very good advice. These is no such thing as passive income. Better not to fall for ponzi looking for passive schemes. Its more important to manage the money you have.

But in faucets it will consume more time and even after spending your time I mean after investing your time in faucet what you get in return ? Very little amount of Bitcoin rather signature campaigns are best way of passive income

Thats true NorrisK, he does say that. Its due to his investment philosophy of:

• Invest only within the bubble of what you know
• Don't invest in technology - this is his opinion, he acknowledges he doesn't understand technology well enough to invest billions into it

Regardless, what he teaches about understanding interest and compound interest are very important.

The only problem is when listening to Warren Buffet is that he says to stay away far far away from bitcoin.
I'm not sure if it is becuase he thinks it is deemed for failure or because it is just too high risk for his kind of investments..

there is no really good passive incoem unless you're willing to ivnest big in mining, other activity are not really passive they request you to do something

the best incoem is the one that you earn by investing your time, like you do in real life with a normal job

Joe here, I founded Magnr and have done a lot of saving in my time.

There is some really sound advice here, I would add something from my own personal experience drawing from the time I spent in the finance industry. (Disclaimer - I'm not a licensed financial advisor)

A lot of people think that wealth is about making huge sums of money, its true, that helps but its not everything. Wealth is more about what you do with the money you get rather then how much you make.

Simply put, spend less, save more. Low risk investments on your savings will help increase your passive income. From personal experience, I started saving when I was very young, as I got older, I realised I could buy shares with my money (I was disappointed by low interest rates at banks). This sometimes helped, sometimes didn't. When the investments worked out, my return was far greater then what I would have got at a bank, and that is including losses over a longer term timeframe.

For me, buying Bitcoin was another form of investment, I still consider it to be high risk, but I allocate my capital accordingly so that a certain % of my portfolio is now parked in Bitcoin.

I could go on forever with tips on how to manage finances but the advice is all the same. Learn about how interest works, start saving, and if you get some free time, read about Warren Buffet:
http://www.fool.com/investing/general/2014/02/08/warren-buffett-reveals-the-biggest-mistake-we-make.aspx
(Interest and Compound Interest).

Some links?

How are you guys doing your passive income ? Would be also great to know isnide the thread to do it aswell
Would be great to hear abozht Guys 

regards
lama-hunter

not exactly never. if the mining operation is legitimate, meaning not a ponzi scheme, you should eventually ROI after a long period of time, maybe around a year. however, it is true that it generally is not profitable, given the long ROI time and high maintenance fees for the service.

Dude passive income means investment with interest money which gonna get. you are not investing any thing in signature campaign is paying in the basis of promoting the brand or company and Properly invested bitcoins can bring about 1% of return per day Bitfinex crypto-currencies trading platform It offers advanced order types margin trading and Bitcoin price, depends on supply and demand. If there are more margin funding offers, then interest rate tends to fall

Cloud mining is a scam. No doubt about it. You will never break even.

So the cloud mining actually works and is not a scam?