Passive income - page 4. | Bitcointalksearch.org

mbakruroh

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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.

We cannot say that staking is a method of passive income. Due to fluctuations in Cake prices. You can only earn passive income by staking stable coins. If the number of coins in staking increases, but the price of the coins decreases, then you will experience a loss. In contrast to stable coins. The number of coins increases, but the price of the coins remains the same. I think with $5k capital it is better to trade. This is more profitable than staking.

Rakeshten

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Staking $CAKE can give you a good profit but I think you should try to invest in an altcoin or bitcoin for the long term. Because the crypto market is always increasing without any break, so you can also think about it. Take a look at FTT. It is a token of FTX exchange and it keeps growing, because FTX exchange is becoming a good exchange many investors are going to FTX exchanges.

wheelz1200

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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.

Forget about passive income. Just stick most into a good coin...like bitcoin and let it marinate. Does the price go up and down yep, but in the long run price appreciation should be much better than returns from safe passive income. Notice I say safe, there are high risk high reward options out there but most of them lose your whole stack in the process.

marilynmanson21

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many exchanges that provide passive income
but what is currently popular is biswap, it says it has a high Apy compared to other exchanges, I will immediately confirm this info if I have time, but you can find your own info on biswap, open??

I suggest another place, cake, binance or platfrom, they have coins

deathcode

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Quote from: Malam90 on August 07, 2021, 06:03:25 AM

Now staking is the best way of passive earn. Cake and Baby are both the best staking earning sites for me. Cake still offers 100% staking rewards. It means 100 Cake will generate 8.33 Cake every months (calculated today) where Babyswap offers 120% staking (according to the present rate calculation). I am staking both coins. It's very good passive income opportunity to me in times of bearish market when most of the coins are huge in huge losses.

you have a good choice. many people are attracted to the two coins you stake. the price is also not bad in the market.
I also do staking CAKE and BUNNY. At first, I was just experimenting. but it turns out that staking for our long-term assets will be profitable as long as the situation on our staking platform remains safe.

Tegxy

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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.

One good way to earn passively in the crypto space is harnessing the staking opportunity provided by Seascape Network. Seascape Network recently partnered with Wault Finance to provide a staking opportunity to individuals on a 242% APR gain. You could research on it.

Malam90

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Now staking is the best way of passive earn. Cake and Baby are both the best staking earning sites for me. Cake still offers 100% staking rewards. It means 100 Cake will generate 8.33 Cake every months (calculated today) where Babyswap offers 120% staking (according to the present rate calculation). I am staking both coins. It's very good passive income opportunity to me in times of bearish market when most of the coins are huge in huge losses.

iv4n

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Staking is more popular than ever! When I started with crypto it wasn't so easy to find some good staking coin, but now you can simply register to Binance or some other exchange with the staking feature, there are few good multi-currency wallets with a staking option, I am using Atomic wallet!
I am a gambler and I am attracted to casinos with in-house tokens, staking those tokens can be very profitable! You can also trade with some of them, buy/sell them, without even needing to gamble for them!

indrakusumaindra

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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.

Staking definetly good way but did you ever think about where the staking rewards coming from? i think cake would not be so good for long terms. I do recommend you to staking unibright (ubt) that will soon come out maybe this year.
https://baseledger.net
from that website you can see a picture how the flow of ubt as a reward flow, no new coins all on circulation. Also the project is quiet promising, UBT already works with COca-cola , servicenow , microsoft, splunk, and also many big enterprise that still yet to be announced.

Ziskinberg

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Quote from: kak uli on August 04, 2021, 03:32:46 AM

with that much capital I will trade every day to generate income every day. if you don't dare to trade then find some good projects and join them, I think that's it.

If you have a lot of capital, then don't use all of it to trade, because market conditions change every day, so everyone has to save half of their funds to prepare for a downturn in the market, and the other half is used to trade in the short term.

Well, it's a good idea if you are good at trading as day trading requires skills and you are likely to succeed if you are focus on what you are doing. While for long-term investment, it doesn't need a lot of time especially if you are just aiming to sell at a good price as anytime you can find a market situation where the price is bearish.

kak uli

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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.

with that much capital I will trade every day to generate income every day. if you don't dare to trade then find some good projects and join them, I think that's it.

wajik-tempe

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Quote from: Rahman11 on August 04, 2021, 01:11:19 AM

Passive income from cryptocurrency is a really high risky method, otherways i prefer day trading by your part of some capital, wisely try to trading with a most trusted exchangers.

I think you're wrong, doing coin holding or staking is less riskier for new comer in crypto compared to daytrading. Doing daytrading need an expert level of chart and fundamental analysis and even you already have those skills, the market sometimes is not depends on the chart analysis but depends on what's happening in the world right now. So no people in this world who always make profit on crypto day trading.

kaka manteng

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I suggest you go to Liquidity mining rather than staking. It generates more income than staking profit. Some are offering up to more than a 100% APY and those are really legit. Yield farming is really a thing in this hard times. I suggest a yield farm called DeFirex but still do your own research before entering.

RussianEnglishTranslation

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BSC is great for DeFi and $CAKE is a sweet project but I also stake $NEAR because I think in the long run it will appreciate in value higher than cake.

KaliLinux

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Quote from: Refrumatrix on April 19, 2021, 12:19:37 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 ?

Absolutely right. Apart from the huge funds with little reward at the end, I will only use the Binance Vault in most cases where I don't want to sell off the coins for any reason at that time since it also gives the option of moving the assets anytime you want to, unlike the fixed period stakes. I generally don't like to stake anything in any of the farms or even in exchanges because as we know, anything can happen at any time.

the ghabbar

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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.

If you have a capital of 5000$, then the step you have to take is to choose a profitable investment, now available with many investment patterns in the crypto world, you just need to study the condition of the coin and the market movement towards the price of the coin.

You have to study this pattern correctly and precisely, so you don't make a mistake in deciding to invest, usually people use two things in investing, long-term or short-term, this is adjusted to the existing conditions and capital.

So that you really understand the level of risk of the investment. Otherwise, your investment will not yield anything.

Rahman11

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Passive income from cryptocurrency is a really high risky method, otherways i prefer day trading by your part of some capital, wisely try to trading with a most trusted exchangers.

nomenclatur

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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.

this is a great opportunity to buy a cake and to do stake for several years with a capital of 5000$ you can get 309 for staking very suitable because the current price has decreased quite a bit if anyone wants to try to buy this bake it will be much cheaper for you can get big profits because of the bake has decreased in price doing this stake will be a better opportunity because the increase is also much faster.

raes

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Quote from: calya on August 03, 2021, 11:03:30 PM

beside got return from staking reward, usually some wallet also give airdrop for cake staker. recent airdrop was POTS , cake staking be one of rules to eligible in this airdrop. we got double benefits from it.

That's right, CAKE has a great strategy to keep their market buzzing.
but is there any condition to get airdrop or all can get airdrop token from CAKE?
I am staking CAKE, but what I get is a SYRUP token. not POTS.

calya

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Quote from: FinneysTrueVision on August 03, 2021, 08:06:50 PM

CAKE is a good coin with high ROI. They are always adjusting the emission rate so after one year you might not have the returns you were expecting, but with $5000 to invest I think you should have no problem making a couple thousand dollars as long as the price doesn't have a significant decline.

I personally don't currently own any CAKE because I mostly hold BTC and the only DeFi tokens I own offer higher returns but with greater risk. In the past I have held CAKE for staking and I still believe in it's potential.

i am agree staking cake was good choice , beside it was as good project staking rate also interested for us. It didn offer too high rate but still acceptable for every investors. Picking good project to stake was an obligation but staking not to be obligation if this is was bad project.

Quote from: cunguks on August 03, 2021, 10:43:46 PM

in pancakeswap, you can stake the CAKE you have to get other tokens.
which maybe not be many alternatives like this exist on other platforms.
now the adoption of CAKE is also improving. I staked $300 in CAKE. I got my share well. I enjoy it all.

beside got return from staking reward, usually some wallet also give airdrop for cake staker. recent airdrop was POTS , cake staking be one of rules to eligible in this airdrop. we got double benefits from it.

Topic: Passive income - page 4. (Read 3296 times)