Topic: Passive income from Bitcoin? - page 6. (Read 834 times)
If you want to do mining, you should try altcoin for it, because you can get it from altcoin mining, so you can sell when the price goes up and you can earn more profit than Bitcoin. You can also participate in campaigns for passive income.
If you are a bitcoin holder you can earn a pasive income buy just holding your coins in your wallet since bitcoin price was imcreasing if more people buy but bitcoin also goes down if more holder sell.
You cannot have automated revenue from holding Bitcoin, you would be in an ideal situation figuring out how to exchange yet even there despite everything you can take huge misfortunes.
"Money is working for you" that's a passive income. In mining is the way of making money by just buying a materials needed, it is expensive but for sure you are good to go and start earning. Also investing in bitcoin you need money to invest and start waiting until you gain profit.
many ways to get bitcoin through sites that are available today, but they are just holding as an investment.
in bitcoin there is not any passive income
many ways to get bitcoin through sites that are available today, but they are just holding as an investment.
I think that passive income from bitcoin is possible only due to mining. The other options in one way or another require you to be directly involved. However, today, mining is not accessible to everyone. This is a very energy-intensive process and in many countries it is banned. Therefore, mining is not an option either. I believe that in order to succeed in crypto-currencies, you need to be an active participant in the process.
I agree, Mining is I think of the ways to earn passively in this industry. Though like what @direwolf said it is not advisable nowadays nor accessible, why? Mining is costly to start with, given that a mining rig needs to be on 24/7, paying your electricity bill will kill you. Though, Investing is the most applicable way to earn Bitcoin passively. I guess there are already companies or firms that offers a such services, the only one must do is to make sure that your chosen broker will be transparent to all trasanction. This is for you to be aware where your money goes.
there are some good ways wherein one can earn passive income from bitcoin and other cryptocurrency
holding:you can carefully buy a coin that is with a good fundamentals hold it it for sometimes then you sell pending on when the coin will rise,for you to go into this then you must critically study and know the right coin to buy and hold.
trading:this simply means buying a coin when its cheap and selling it when its high with 10% to 30% or more in order to get more coins.
ICO investing(initial coin offering):before you invest in any ico you must be careful to know which ICO to invest so as not to invest wrongly.
mining:you can mine your coin'
you can also do the following:
staking
lending
masternode
Airdrops
cryptocurrency Dividends
Blogging
holding:you can carefully buy a coin that is with a good fundamentals hold it it for sometimes then you sell pending on when the coin will rise,for you to go into this then you must critically study and know the right coin to buy and hold.
trading:this simply means buying a coin when its cheap and selling it when its high with 10% to 30% or more in order to get more coins.
ICO investing(initial coin offering):before you invest in any ico you must be careful to know which ICO to invest so as not to invest wrongly.
mining:you can mine your coin'
you can also do the following:
staking
lending
masternode
Airdrops
cryptocurrency Dividends
Blogging
You cant have passive income from holding Bitcoin, you would be better off learning how to trade but even there you still can take big losses.
I invested my money on altcoins and it's guaranteed profit because you can multiply it by 2 times or more though it's not a passive,income by assuming you have $100 then you invested it on altcoins, don't do day trading but sell it when bull signal is confirm. Some people will benefit on mining because it's paasive income though price of bitcoin fluctuates.
As the title says, is passive earning from Bitcoin is possible nowadays. Let's face the facts mining is very much expensive for most of the users and I have encountered with many people who think they do not have any skill or do not want to learn any soon. There must be anyway by which you can make money by using most of your time by investing only once or by a little investment.
A passive income from bitcoin is possible easily if you start any website and start promoting it all over the crypto communities and make it a high traffic site then start to advertise on it for different companies and so with the ads of them you will earn per view and per click from different ad networks which provide ads service for bitcoin related sites and which have payment in bitcoin.
Investing time and resources in something related to Bitcoin requires enterprise. There are different ways to make money on Bitcoin, such as mining, speculation or starting new business projects. All these methods are highly competitive and without a guarantee of income. The correct assessment of the costs and risks accompanying such projects is entirely on the entrepreneur.
for me, is still need a lot of time to earn bitcoin, but i think slow but sure, with study and research more about it, i still don't have a profit
because my bitcoin not convert to a fiat
i really wanting to see bitcoin potential, and i belive that this stuff is a future thing
I fully agree! You know like in almost any futuristic movie or series....they only have 1 currency?? I think BTC\blockchain is the beginning of it.....because my bitcoin not convert to a fiat
i really wanting to see bitcoin potential, and i belive that this stuff is a future thing
Yes, Bitcoin mining is a very expensive way of earning bitcoin where you need to have special equipments on your mining activity and this requires big capital investment. In my own way of having a passive income, I just started to apply on a signature campaign where your investment is time and dedication to fulfill the required post needed per week. With this, I think this may able to help my financial needs as my secondary source of income in the coming months and hoping signature campaign to last longer.
Would signature campaigns and bounties be classed as passive income?
I don't think it classified as a passive income, both jobs require a work.3. Invest in the bank roll of a dice or casino site.
This is what I'm planning to do and it's also a good source of profit if you invest to a casino which is really popular but still the profit is at share. 
investment in ico can be done because it is now can be one of the jobs that provide profit, we can see a lot of ico emerging and offer big profits. but we should always be alert and more selective to ico because a lot of emerging ico will increase the risk if not careful.
Investing in crypto could be seen as passive income, especially if you implement some sort of strategies such as dollar cost averaging or laddering. Crypto index funds are also gaining a lot of buzz, maybe it's something it's worth reading into.
Please what are crypto index funds?please any useful link will be helpful
That's true. Bitcoin mining is expensive especially if you are starting but it can give you a passive income. I have one now and I am still saving to buy more. Although I am doing bounties and signature campaigns, unlike in mining it is a fixed income already. What I can suggest is to learn more about bitcoin and altcoins by joining bounties and if you have enough knowledge and money to start with mining then go ahead.
well bitcoin have make earning very chip this days.. we get paid for just spending some hours on our system, pc, Ipad, phone.. etc.. the rate at which we get paid is far more better than the way civil servant are being paid here in my country.
Passive income from bitcoins? i make a few from bitcoin cloud mining service.It is a life time contract and i have already recuperated my capital.Although profitability has reduced significantly,i am HODLing the payouts till when bitcoin price recovers.It is amazing.I however would warn you invest on in companies with a good reputation and show evidence of mining,else you will caught -up in some ponzi schemes
all right. for people who do not have the capital to invest, it's just enough to hoard all the income they earn from campaign and the like. collecting bitcoin altcoin and token is the most appropriate action to do for those who want to invest because believe me, the price will grow
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