Passive income | Bitcointalksearch.org

barhavsky

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Quote from: MadGamer on April 19, 2021, 12:02:39 PM

What are some of the best ways to earn passive income right now? I was thinking about staking $CAKE, just staking it and not using liquidity farms. But not sure how profitable that would be, compared to some other methods. I have a 5000$ capital.

there are two ways to get passive income at this time, that is you can staking altcoin that you have (although only a few altcoin can staking) or you can "play to earn" (like playing Axie Infinity), because the income from Axie Infinity is very big, although at this time the capital to play Axie Infinity is also very big, but of course I prefer staking than "play to earn", because the risk is smaller than if you choose "play to earn" (I'm afraid it's just hype for a while).

tiang_tower

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Quote from: gustavroy on August 12, 2021, 04:44:23 PM

Passive income from some token staking could be challengy when bear season came. But staking stable coins and mining could be nice idea. but you must take your own risk and choose platforms wisely.

Yes, that's true, so at this point I'm just choosing the path I've been on for a long time, which is trading in the short term and staking some good coins, because both of those things have been so entertaining to me that I really enjoy them.

cvasy

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Divi has good profitability with its nodes and gives great profits

Don't just be cool with DIVI bro, now the cryptocurrency market is in very good condition and the NFT trend can also provide very good profits, so don't just be cool with one coin, but look at some coins that are in good rankings, because of that can provide more benefits for you too.

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Quote from: ardydyon on August 11, 2021, 09:29:07 AM

maybe can try staking facilities in binance.there offers staking facilities with a fairly decent advantage.if you put $5000 in capital will get regular income every month.which will go directly to your spot account and that profit can be sold.or may be able to do by using their futures facilities, with very high profits but have a high risk as well.

If we do staking on binance, we only get a very small APR and if we have a capital of $ 5000 it will feel the income we receive but if we have small capital then it is better not to enter into staking binance because there are many other alternatives such as biswap, hunny, cake etc. provide a high APR and the risk is equally high.

GreenStox

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I think it's worth considering and also cake is a good coin and is on the bsc network, at least it won't go down far and it's currently in the top 100 cmc, so staking cake will be safe in my opinion even if it's done in the long term and your main goal is to get interest .

AdrianaP88

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Quote from: MadGamer on April 19, 2021, 12:02:39 PM

What are some of the best ways to earn passive income right now? I was thinking about staking $CAKE, just staking it and not using liquidity farms. But not sure how profitable that would be, compared to some other methods. I have a 5000$ capital.

I don't know, but these types of projects that offer exorbitant profitability in a short time tend to be quite unprofitable in the long run, which is what matters. I would recommend $DIVI since its profitability will be stable in the long run, always increasing

plr

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Quote from: MadGamer on April 19, 2021, 12:02:39 PM

What are some of the best ways to earn passive income right now? I was thinking about staking $CAKE, just staking it and not using liquidity farms. But not sure how profitable that would be, compared to some other methods. I have a 5000$ capital.

It's not safe but reliable if you can find good farming I have provided liquidity and staking on Biswap, the APY is good and the price of their token is also doing good in the market, BIswap is on the way to be one of the top farming sites in the DeFi industry, but always invest what you can afford to lose, and don't put all your eggs in one basket.

Wildwest

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To get passive income at this time of course BNB is one that we must consider, then for now the BSC network continues to grow and this will have a positive impact for binance and the price continues to increase until now, to invest in the coin is the right choice and you can also glance at other coins whose prices are also being increased such as ethreum and TKO that we can currently rely on.

AlisonAlberto96

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Divi masternodes give good passive earnings

aryana42

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Quote from: beveryu778 on August 10, 2021, 03:53:49 AM

You can invest some cake from the capital you have.
For this reason it is also very profitable from here you can take a good profit.

If your suggestion is like that, every new person in the crypto space will always be confused in understanding it because they are more familiar with Bitcoin than Cake and also its popularity is still very low when compared to others, even though people who are already profitable at Cake are also not small.

pakhitheboss

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Quote from: Sihab76 on August 12, 2021, 05:09:35 PM

The most important way of online passive income is bounty campaigns and various campaigns Social media. However, in addition to these, there are many other ways of passive income at present, they are mentioned below.

Staking
Wallet holding staking
Gambling
Betting
Trading

I do not think you can rely 100 percent on the Bounty campaigns. Some of them might be good but most of them fall under the category of scams. Staking can be profitable but you need to have patience and good money to invest. Gambling, Betting and Trading all fall under the category of high-risk investment. You might lose everything in one go and might earn double or triple too.

I would always recommend Affiliate Marketing. Most exchanges provide a good percentage of revenue when you refer someone to them. Start investing your time and money into affiliate marketing to earn a good passive income.

Twinkledoe

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Quote from: livingfree on August 12, 2021, 06:54:52 PM

Quote from: Rocky993 on August 12, 2021, 01:08:54 PM

Now coinmarketcap is not in a stable position so it is very difficult to make passive income by investing in any market at this time.

Do you mean the coinmarketcap.com?

It doesn't have anything to do with passive income. It only shows the prices of cryptocurrencies and other details regarding the market. Well, if it's the stability of website itself, it's stable on me and works very well.

Quote from: Rocky993 on August 12, 2021, 01:08:54 PM

At this time, investing in altcoin to earn income is full of risk. It doesn't take long for the wheel to turn in whichever moment. Investing long term in the top coin of Coinmarketcap is completely different.

In every crypto that we invest in, there's a risk like in bitcoin and ethereum. But I agree to you that in top coins, it's different. The risk is lower than those random altcoins in the market.

Seems that rocky doesn't know what he is saying here??? Or he needs to re-phrase his statement and be more specific what he is trying to convey here.

Anyway, talking about passive income - this is only true for platforms that have active use case with a lot of active users. Without the use case, it would be very hard for the platform to sustain the passive income feature. And they will only end up milking those investors up until they can't get the interest of naive buyers anymore.

livingfree

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Quote from: Rocky993 on August 12, 2021, 01:08:54 PM

Now coinmarketcap is not in a stable position so it is very difficult to make passive income by investing in any market at this time.

Do you mean the coinmarketcap.com?

It doesn't have anything to do with passive income. It only shows the prices of cryptocurrencies and other details regarding the market. Well, if it's the stability of website itself, it's stable on me and works very well.

Quote from: Rocky993 on August 12, 2021, 01:08:54 PM

At this time, investing in altcoin to earn income is full of risk. It doesn't take long for the wheel to turn in whichever moment. Investing long term in the top coin of Coinmarketcap is completely different.

In every crypto that we invest in, there's a risk like in bitcoin and ethereum. But I agree to you that in top coins, it's different. The risk is lower than those random altcoins in the market.

efxtrader

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Quote from: Sihab76 on August 12, 2021, 05:09:35 PM

The most important way of online passive income is bounty campaigns and various campaigns Social media. However, in addition to these, there are many other ways of passive income at present, they are mentioned below.

Staking
Wallet holding staking
Gambling
Betting
Trading

Betting and gambling should not be passive income because they are active for profit. Staking is the most chosen alternative to find passive income because if we plan to hold coins in the long term, we get additional coins from the staking we do and in the midst of many hacking in DeFi, the safest choice is wallet staking because we control our own wallet

Mahanton

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Quote from: Sihab76 on August 12, 2021, 05:09:35 PM

The most important way of online passive income is bounty campaigns and various campaigns Social media. However, in addition to these, there are many other ways of passive income at present, they are mentioned below.

Staking
Wallet holding staking
Gambling
Betting
Trading

Passive income does basically mean that its on idle and wont really be involving any active trades or activity or having simply some work done which means campaigns out there wont really fit out
on the criteria but the thing i do agree upon is about staking neither it would be on gambling house or would be on some non custodial or non-custodial wallets.
Most of the time in talks about passive income then this is most likely i do prefer on investing on real life or physical businesses like rents or something like that.
Im not sayingg crypto investment is bad but i cant really just able to accept the risk behind it.

nurilham

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Quote from: Rocky993 on August 12, 2021, 01:08:54 PM

Now coinmarketcap is not in a stable position so it is very difficult to make passive income by investing in any market at this time.

Honestly, I don't know what you mean.
Do we invest because of the Coinmarketcap position? Huh

For me, Coinmarketcap is only a place to monitor most crypto coins situations. But I never invest in a crypto coin because of the situation or position of Coinmarketcap.

Quote from: Rocky993 on August 12, 2021, 01:08:54 PM

At this time, investing in altcoin to earn income is full of risk.

Every time, investing in altcoins is always full of risk, not only this time. Although it is in Bullrun season, doesn't mean you have no risks to invest. Don't assume the risk only happens in bearish season only. It is totally wrong assumption.

Serco

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Quote from: gustavroy on August 12, 2021, 04:44:23 PM

Passive income from some token staking could be challengy when bear season came. But staking stable coins and mining could be nice idea. but you must take your own risk and choose platforms wisely.

we have to look the project fundamental when decided to stake our coins, dont ever do the same accident like merlinlab case. staking will worthed if we stake good project which is developers team actively build their product. although staking rate small , but if price could maintain or even rise its be our benefits.

Sihab76

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The most important way of online passive income is bounty campaigns and various campaigns Social media. However, in addition to these, there are many other ways of passive income at present, they are mentioned below.

Staking
Wallet holding staking
Gambling
Betting
Trading

gustavroy

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Passive income from some token staking could be challengy when bear season came. But staking stable coins and mining could be nice idea. but you must take your own risk and choose platforms wisely.

livingfree

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Quote from: Fredomago on August 11, 2021, 05:31:00 PM

Quote from: livingfree on August 11, 2021, 05:26:59 PM

Yeah.

That's the drawback of it but most of the projects that are attaching their new projects to BNB/BSC is mainly because of the popularity of Binance.

And in that case, they don't think or realize its centralized network or they do but just ignores that fact and goes for a quick exposure because of the said network.

They are not caring about it since they wanted to have a quicker exposures of their project, BSC provides low transactions fees which commonly being look by traders and investors.

But likewise, the danger is there since binance already gained power over this industry, the after effect if ever that sudden things happened it will reflect and affect every assets/projects that are now working inside this chain. We also need to consider that before taking our steps picking project to support.

Aside from providing low transaction fees, it seems that when you call it as a BSC project, people will have that confidence. "Yeah, it's on Binance or sort of."

Something like that.

And I think the psychological effect of working with that, they've taken into consideration so many of them chose to do it there.

Topic: Passive income (Read 3296 times)