Passive income - page 12. | Bitcointalksearch.org

TheGreatPython

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Quote from: Tegxy on July 21, 2021, 09:27:23 AM

My recommendation for passive income is staking of $pCWS, Seascape Network token. Seascape Network has established several partnerships for this purpose one of which is its partnership with ApeSwap where an investor gets to earn a 172% APR on stake.

You have posted a lot in favor of Seascape network as I can see from your posts history, as much as I would like to know more myself and learn about it maybe, can you help us understand how the project looks fundamentally? I don't mind discussing it with you via DM if you want.

Personally, I don't think staking is a bad option but with staking coins the value of the tokens goes down slowly which is always a concern. I think lending is another option but because of the nature of cryptocurrencies, I don't think everyone can do it safely without getting cheated every once in a while. There is even identity theft going on in the name of lending, so borrowers are not comfortable giving away their documents, and rightly so.

wxa7115

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Bitcoin is GOD

Many people recommend staking their coins as a way to get some passive income but to me it is not worth it, if the rewards are too small then you are suffering a huge opportunity cost as you could invest that money almost everywhere and get a lot more profits.

And if the developers offer a huge return for staking your coins then that to me looks suspicious, truth to be told while passive income looks great on paper it is very difficult to get and the profits you can get by actively using that money are way better, so I do not see a reason to pursue passive income in this market.

akirasendo17

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Quote from: Questat on July 21, 2021, 10:00:59 AM

Quote from: Kez1817 on July 21, 2021, 09:52:07 AM

Quote from: xtnmclain on April 21, 2021, 12:27:51 PM

There are a lot of ways you can earn in cryptocurrency.

Here are the two examples of the most commonly used method

1.) Staking - Staking coins is a way to gain consistent returns on your cryptocurrency portfolio if you want to earn 1% a day. The standard holding period for staking is one to six months, but various fixed periods are available.
2.) Mining - You can profit from cryptocurrency without having to invest any capital. Bitcoin miners are rewarded with Bitcoin when they complete "blocks" of validated transactions added to the blockchain.

3. Trading - if you have enough knowledge and capital in trading, you can get a passive income from it. Just learn first before do trading to avoid huge losses if ever.

It is risky and couldn't be considered as passive income IMO.
Honestly, we can't find passive income here in crypto. Yes, you can make huge money from here IF given a chance and so unfortunate that not all the time comes.

If are absolutely looking for a passive income, let's have to find a stable job rather than staying here. Maybe offering skilled service in the forum could help but not taking, mining, and trading.

yes, i agree with you most of the passive income in crypto disappear after few months or a year, because some user will abuse it, to get more money and leave when they know it's going to fall apart, that passive income sometimes the money we get came from the people who just came in, and wan't to try but they don't know they will be trap.

strunberg

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Quote from: Alucard1 on July 21, 2021, 09:29:59 AM

If you want passive income then the best thing for this one is being a manager in Axie Infinity, you are not playing on the game but you have the people to play for you, it is profitable as the price of SLP is now higher than before. NFT game is now being prominent all over the world and it is the best start for us to earn money from playing.

You may also go for taking but I do not prefer that one because its not that too profitable compared to other passive income.

it is cooll game we could be manager like another games in playstation. with this feature there will alot people will attracted and buying axie to fullfiled this condition. Axie now have bigger community around all of the world, and its price still growing. Play to earn was good scheme for gamers in crypto market, they could earn money by playing the game.

TWW

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Quote from: wajik-tempe on July 21, 2021, 10:08:27 AM

For me staking ETH for ETH 2.0 is much more promising since this coin has very strong fundamental since more than 5 years ago. $CAKE is quite new and could be just another hype coin in bullish market back then. So i think for long time passive income, staking ETH is more profitable

You are looking forward to that big update. are you following the key program for your ETH for ethereum 2.0? I hear it will make up a few percent of the total assets we lock. Is that true?
if you consider the timing, of course, buying when ETH momentum is at its peak is not that great.
except for the momentum when the market price is down like now. in the future, there is no doubt for improvement.
but CAKE, I believe it's not just a hype asset. he will be big in the future. just speculation but see how the exchange is put to good use. it will help grow CAKE.

Alucard1

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If you want passive income then the best thing for this one is being a manager in Axie Infinity, you are not playing on the game but you have the people to play for you, it is profitable as the price of SLP is now higher than before. NFT game is now being prominent all over the world and it is the best start for us to earn money from playing.

You may also go for taking but I do not prefer that one because its not that too profitable compared to other passive income.

wajik-tempe

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For me staking ETH for ETH 2.0 is much more promising since this coin has very strong fundamental since more than 5 years ago. $CAKE is quite new and could be just another hype coin in bullish market back then. So i think for long time passive income, staking ETH is more profitable

Kimonoe

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Quote from: Hamphser on June 07, 2021, 04:33:01 PM

Quote from: xiboothrezi on June 07, 2021, 04:23:46 PM

Quote from: MadGamer on April 19, 2021, 01:02:39 PM

What are some of the best ways to earn passive income right now?~

My friends often ask this question. I said: it depends on your ability and will.

Every living thing has a different way to adapt to the environment, it all depends on the ability of each. Monkeys are good at climbing trees to get food, while fish are not, would it be wise if monkeys told fish to climb trees?
Based on that analogy, we must be able to find out what potential we can have to maximize profit. If you are interested in staking, then study it in-depth, learn the technique, what is needed to maximize the opportunities, then with that you will get the best way.
The best way for everyone is different. For me, it's easier to trade, but that's not necessarily the case for other people.

True, we do have our own capacities and capabilities on dealing up with things and you are right that it is just really depending on someone on how they would really utilize their skills and knowledge.

Not all would really be that same effective when someone do give out some hints and tips on how to make money.Its up to someone discovery if it does work or not.

When it comes to passive income then staking is considerable but basing up with ROI and risk factor then i dont really see the worth for someone
to put up funds on it but still its their choice.

right, everyone has their own skills, just like trading. although we use the same technique, but not everyone has the same end result. maybe we are suitable for trading, but it is not necessarily suitable for others, maybe they are more suitable for investment. from that everyone has their own skills, and everyone can imitate certain skills, but not everyone can succeed

Questat

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Quote from: Kez1817 on July 21, 2021, 09:52:07 AM

Quote from: xtnmclain on April 21, 2021, 12:27:51 PM

There are a lot of ways you can earn in cryptocurrency.

Here are the two examples of the most commonly used method

1.) Staking - Staking coins is a way to gain consistent returns on your cryptocurrency portfolio if you want to earn 1% a day. The standard holding period for staking is one to six months, but various fixed periods are available.
2.) Mining - You can profit from cryptocurrency without having to invest any capital. Bitcoin miners are rewarded with Bitcoin when they complete "blocks" of validated transactions added to the blockchain.

3. Trading - if you have enough knowledge and capital in trading, you can get a passive income from it. Just learn first before do trading to avoid huge losses if ever.

It is risky and couldn't be considered as passive income IMO.
Honestly, we can't find passive income here in crypto. Yes, you can make huge money from here IF given a chance and so unfortunate that not all the time comes.

If are absolutely looking for a passive income, let's have to find a stable job rather than staying here. Maybe offering skilled service in the forum could help but not taking, mining, and trading.

Kez1817

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Activity: 909

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www.cd3d.app

Quote from: xtnmclain on April 21, 2021, 12:27:51 PM

There are a lot of ways you can earn in cryptocurrency.

Here are the two examples of the most commonly used method

1.) Staking - Staking coins is a way to gain consistent returns on your cryptocurrency portfolio if you want to earn 1% a day. The standard holding period for staking is one to six months, but various fixed periods are available.
2.) Mining - You can profit from cryptocurrency without having to invest any capital. Bitcoin miners are rewarded with Bitcoin when they complete "blocks" of validated transactions added to the blockchain.

3. Trading - if you have enough knowledge and capital in trading, you can get a passive income from it. Just learn first before do trading to avoid huge losses if ever.

Tegxy

newbie

Activity: 49

Merit: 0

Quote from: MadGamer on April 19, 2021, 01:02:39 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.

Okay. My recommendation for passive income is staking of $pCWS, Seascape Network token. Seascape Network has established several partnerships for this purpose one of which is its partnership with ApeSwap where an investor gets to earn a 172% APR on stake.

Hamphser

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Activity: 2534

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Vave.com - Crypto Casino

Quote from: xiboothrezi on June 07, 2021, 04:23:46 PM

Quote from: MadGamer on April 19, 2021, 01:02:39 PM

What are some of the best ways to earn passive income right now?~

My friends often ask this question. I said: it depends on your ability and will.

Every living thing has a different way to adapt to the environment, it all depends on the ability of each. Monkeys are good at climbing trees to get food, while fish are not, would it be wise if monkeys told fish to climb trees?
Based on that analogy, we must be able to find out what potential we can have to maximize profit. If you are interested in staking, then study it in-depth, learn the technique, what is needed to maximize the opportunities, then with that you will get the best way.
The best way for everyone is different. For me, it's easier to trade, but that's not necessarily the case for other people.

True, we do have our own capacities and capabilities on dealing up with things and you are right that it is just really depending on someone on how they would really utilize their skills and knowledge.

Not all would really be that same effective when someone do give out some hints and tips on how to make money.Its up to someone discovery if it does work or not.

When it comes to passive income then staking is considerable but basing up with ROI and risk factor then i dont really see the worth for someone
to put up funds on it but still its their choice.

meldrio1

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Staking is the best passive income but you need to have a big capital in order to get a big return, $5000 capital which is not bad. I already staked cake when the price was around $30 and now I'm losing money but still generating cake which is good. I think this is the right time to stake cake because the price is now cheap, you will gain much once the cake go double..

xiboothrezi

sr. member

Activity: 1246

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Quote from: MadGamer on April 19, 2021, 01:02:39 PM

What are some of the best ways to earn passive income right now?~

My friends often ask this question. I said: it depends on your ability and will.

Every living thing has a different way to adapt to the environment, it all depends on the ability of each. Monkeys are good at climbing trees to get food, while fish are not, would it be wise if monkeys told fish to climb trees?
Based on that analogy, we must be able to find out what potential we can have to maximize profit. If you are interested in staking, then study it in-depth, learn the technique, what is needed to maximize the opportunities, then with that you will get the best way.
The best way for everyone is different. For me, it's easier to trade, but that's not necessarily the case for other people.

Fredomago

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Quote from: meldrio1 on June 07, 2021, 02:00:25 AM

Staking is the best passive income but you need to have a big capital in order to get a big return, $5000 capital which is not bad. I already staked cake when the price was around $30 and now I'm losing money but still generating cake which is good. I think this is the right time to stake cake because the price is now cheap, you will gain much once the cake go double..

that's the risk but it's a good way about staking your money, buying while the value still cheap and keep earning your stake assets then wait for the value to rise back and earn more.

For practical investors they'll find this venue of investment as good source of passive income, you just need to have better knowledge for you

to take advantage of certain situation. Find the right staking coin and enjoy receiving your interest while waiting for more development coming from the team behind.

asyakashi

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Just.bet - Decentralized On-chain Casino

Actually not only $CAKE there are many more long-term farming coins worth trying. but my advice is Sfund. You can farm sfund in tosdis. normally every month APY will range around 800% it's very large, And as suitable for now because the price is currently down. From the project $SFUND is very suitable for the long term.

manggis97

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By look in to charting of total volume of staking, this type of invesment is increase rapidly and more people interesting to join it. If we have plan to holding coins for ayears is better to stake it, so while holding, we can earn other passive income. To avoid risk of bear market, we should stake coins when we buy it in the beginning of bull market, just like now. Stake SOL coin is my suggestion because the fundamental of the project is very strong.

Kena Banned

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Quote from: Refrumatrix on April 19, 2021, 01:19:37 PM

Staking sucks, either DeFi staking or normal staking cos it requires lots of funds to earn reasonable money or returns every months, imagine staking 100k worth of stable coin to earn 400+$ per month, lol what If the unexpected happens to the exchange ?

Its a bit true but you can earn good amount of money when you lock your funds so the weak hands cannot sell any. You will have a diamond hand by system.

Meta anggraini

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Quote from: MadGamer on April 19, 2021, 01:02:39 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.

My suggestions is to try convert some your cake (5000$ is too much for a coin) to another coin and stake all of them, harvest the one that have a pump and convert it to another low coin.

Flowzer

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Quote from: Cappex on May 31, 2021, 05:21:33 PM

Quote from: MadGamer on April 19, 2021, 01:02:39 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.

personally i prefer staking or if i can start masternode, surely passive income will be the way to financial freedom and there are so many interesting projects.

You sure to start masternode? its really huge amount needed to do that also its a bit hard to do. I guess its not what OP want to do.

Topic: Passive income - page 12. (Read 3263 times)