Pages:
Author

Topic: Passive income from cryptocurrencies in 2019 - page 3. (Read 4359 times)

newbie
Activity: 84
Merit: 0
And what is your attitude towards mining solutions these days? Do you guys see the mining being profitable nowadays? Or still much depends on different concrete solutions on the market? If anyone aware, I am living in the US and would be interested to try a good product, if you have any recommendations.

Interesting question though. Well, as far as I'm concerned, in here we should evaluate many parameters - cost of electricity, power, etc. And there are great solutions on the US market. The most popular one, as I know, is Asicequipment. The company itself was popular for having own farms, so they have a great background. And now they sell own miners with fast delivery, own services in NY and much more benefits
newbie
Activity: 28
Merit: 0
You could try dharma io. You lend out ETH or DAI for a set return. It is pretty high for DAI as a stablecoin, but also works for ETH.

There is an interface to lend out your crypto and the rest is done with smart contracts. Good passive income if you plan on just holding.

And what is your attitude towards mining solutions these days? Do you guys see the mining being profitable nowadays? Or still much depends on different concrete solutions on the market? If anyone aware, I am living in the US and would be interested to try a good product, if you have any recommendations.
full member
Activity: 616
Merit: 167
You could try dharma io. You lend out ETH or DAI for a set return. It is pretty high for DAI as a stablecoin, but also works for ETH.

There is an interface to lend out your crypto and the rest is done with smart contracts. Good passive income if you plan on just holding.
hero member
Activity: 784
Merit: 502
This subject has been already discussed, with no conclusion obviously. Now, after a hard year there need to be more incentives for investors from coin dealers and project managers just to sell tokens. There are ETOs, but the concept seems to work for bigger entities. Dividend is more down to earth approach. Do you believe that it would be more and more normal for coins/tokens to offer additional stream of income just to get investors on board? No only as a part of the ecosystem, like Neo. Thoughts?
profit is really expected in this year and if you are make the investment in the previous year it will really helpful for you to make huge income for your investment and this time really the best year for making the profit to be more and more increased
full member
Activity: 686
Merit: 100
Interesting idea, but I think for now it is impossible, I dont see  many serious projects for real and good investors, I just see deceived investors...
Yes, maybe so far we have seen more projects fail or fraud, but I still doubt because out there in my opinion, many serious developers are building their projects just because of certain factors that make it fail. We continue to research and make efforts to support the development of Crypto by investing in it and we hope that our hopes so far will be real in the future.
sr. member
Activity: 896
Merit: 251
I began to hear more and more about similar projects offering dividends on a daily basis that promise you a return on your investment within a month, and I’m concerned about such projects because such projects often exist for quite a while and then simply disappear with investor funds.
As I understand it can be Ponzi scheme project only. Who can make on a constant basis daily profit? In any conditions? Exclude PoS or MN coins I don't sure that somebody can do it. And we should make the right choice bcz MN can be scam coin easy. But such solid MN coin as Dash or other need to invest a good sum and has ROI near 3-5%
full member
Activity: 896
Merit: 103
Interesting idea, but I think for now it is impossible, I dont see  many serious projects for real and good investors, I just see deceived investors...
sr. member
Activity: 994
Merit: 250
I began to hear more and more about similar projects offering dividends on a daily basis that promise you a return on your investment within a month, and I’m concerned about such projects because such projects often exist for quite a while and then simply disappear with investor funds.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
We need to understand what is "money". We have 3 decisions: 1. money is USD, 2. money is BTC, 3. money is any coins that you mine.
In such a choice nowadays money makes money just in 3 case. In other cases you have to work hard to get profit with this time coins.

There's no doubt in that. However, since crypto prices fluctuate wildly across the market, it's rather difficult to build a passive income that will last for a long time. Unless you have plenty of capital to invest into PoS, DPoS, or masternode cryptocurrencies, you won't be earning much money in terms of USD. Still though, a passive income is way better than active income or your regular job because of the simple fact that you don't need to do anything at all (except to watch your profit grow over time).

Right now, there are plenty of altcoins on the market with PoS/DPoS capabilities that are worth considering. As for masternode cryptocurrencies, the only one that seems to be highly profitable is Dash. But again, you'd need to invest a large sum of money just to earn extra crypto over time without doing anything. As such, the easiest way to build passive income in 2019 would be to invest into prominent PoS/DPoS as much as you can.

Doing your own research is the key towards being successful at this, though. Which means, that without due diligence, you won't be making a substantial amount of money in crypto land.

Nonetheless, DPoS cryptos like Lisk and Ark have been doing well for me so far. Now, I've been investing into Steem bots lately, to see how good it is towards building a profitable passive income for the future. Smiley


Thanks a lot even being crypto space more than two years I didnot know about much of option you said like inflation destination using stellar , lisk elite delicate . I think I have to more concentrate on crypto passive income atleast from now.

You're welcome, mate. I guess that the unawareness of generating passive income from crypto, comes within the projects themselves as they lack proper marketing/promotion. In the case of Stellar, I didn't knew about the inflation destination either until someone else told me about it. The crypto project itself needs to educate people about this, in order to drive the usage of their blockchain.

Anyways, I've stumbled upon a cryptocurrency named Komodo and it has an attractive interest rate of ~5% per year if you hodl the coins in your wallet. Being mainly a PoW cryptocurrency, it has some nice features that are worth looking at. My most favorite feature of Komodo is the Barter DEX which allows you to perform atomic swaps from one crypto to another without middleman. You should try it out if you're considering a good investment for the long term. Still though, doing your own research/investigation about any cryptocurrency is the key towards making the right investment decision at the right time.

All in all, I look forward for more passive income opportunities right here in crypto land. Wink
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
This subject has been already discussed, with no conclusion obviously. Now, after a hard year there need to be more incentives for investors from coin dealers and project managers just to sell tokens. There are ETOs, but the concept seems to work for bigger entities. Dividend is more down to earth approach. Do you believe that it would be more and more normal for coins/tokens to offer additional stream of income just to get investors on board? No only as a part of the ecosystem, like Neo. Thoughts?

They can do that provided that they are not falling into a Ponzi or HYIP type of coin like what we've had with Bitconnect, they should have a working platform or services that they can offer to community, not only a coin that people can pump and dump, uniqueness of what they offered to the community is very important.
full member
Activity: 406
Merit: 112
The definition of passive income
Passive income, basically means earning money without directly doing anything. After buying some kind of assets, just let them there for a while, then come back some day later to take profits or passive income from them. It means, we can buy bitcoin, and hold them for weeks or months, then come back to get passive profits from our investment. This suggestion is right if someone determinantly followed it since the beginning of 2019, it's easy money and passive income by investing and holding bitcoin. We have not had do anything more, just buy and hold; then passive income automatically comes.
sr. member
Activity: 910
Merit: 252
Try to get into projects that pay dividends regularly. I recall some exchange tokens like KuCoin or COSS that pay dividends for holding the exchange tokens.
Proof of Stake or Masternode is not actually passive since you need to setup a PoS/MN station and keep it running 24x7 to earn block rewards.

Well, there are services available across the web managed by third parties which allows you to "cloud stake" your coins or even host a masternode with them. There's no additional setup or experience required for this, as you'd only need to deposit coins to start earning. Of course, doing this it's much riskier than running a node all by yourself, but it's a good way to build passive income without much effort.

Speaking of exchange tokens, Binance Coin seems to be the best of them all. It's always in a positive trend in price when most cryptocurrencies are down on the market. Buying BNB would be the wisest decision to make since it'll allow you to double or triple your investment in the long term (due to Binance burning the number of BNB in circulation over time). You can also save yourself some fees when trading at the Binance exchange by using Binance Coin.

Another way of obtaining passive income, would be to set your inflation destination via Stellar cryptocurrency. The most common inflation destination for XLM would be Lumenaut as it pays you Stellar tokens over time. All you need is some Stellar and set your inflation destination to Lumenaut for this to work. There are other DPoS cryptocurrencies like Lisk and Ark which gives you a constant stream of coins over time by simply voting for specific delegates.

In Lisk, there's the Lisk Elite Delegate Pool and the GDTPool which pays you LSK over time if you vote for their delegates. As for Ark, there are also delegate pools available to vote for, but there's a delegate known as "bioly" which pays you a constant stream of coins over time.

Therefore, with many cryptocurrencies available on the market today that makes use of PoS, DPoS, or masternodes, it's easier to build your own passive income these days that will last for a very long time. Just my opinion Smiley
Thanks a lot even being crypto space more than two years I didnot know about much of option you said like inflation destination using stellar , lisk elite delicate . I think I have to more concentrate on crypto passive income atleast from now.
hero member
Activity: 2548
Merit: 769
The definition of passive income can be interpreted as money making money by itself (I often say these words by investors).
passive income is more ideal if long term.
For example, the types of coins that can be used as long investments are explained by Mr. Abiky.
For me passive income is not an instant process in making a profit.
The process is quite long and good preparation is something investors must always do.
The potential to make passive income opportunities in cryptocurrency is quite high, but the risks faced are also quite high.
So, the right insights and strategies are important things done by an investor who wants to produce passive income in the world of cryptocurrency.
We need to understand what is "money". We have 3 decisions: 1. money is USD, 2. money is BTC, 3. money is any coins that you mine.
In such a choice nowadays money makes money just in 3 case. In other cases you have to work hard to get profit with this time coins.
full member
Activity: 532
Merit: 100
The definition of passive income can be interpreted as money making money by itself (I often say these words by investors).
passive income is more ideal if long term.
For example, the types of coins that can be used as long investments are explained by Mr. Abiky.
For me passive income is not an instant process in making a profit.
The process is quite long and good preparation is something investors must always do.
The potential to make passive income opportunities in cryptocurrency is quite high, but the risks faced are also quite high.
So, the right insights and strategies are important things done by an investor who wants to produce passive income in the world of cryptocurrency.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
I think all people in crypto are hoping for a passive income from crypto during this moment would be just a dream, the reason would be the price of cryptocurrency that are so much low even if it able to generate a passive income, the value might be down.

Prices in Fiat are a huge factor to take into consideration, when building your own passive income with crypto. Knowing that we're still in a bear market (as crypto was in its ATHs during 2017), should be more than enough to remain cautious when doing such task. If you're still looking into building a passive income of your own, then the only approach would be to invest in cryptocurrencies which have masternode features.

Dash is one of those cryptocurrencies and it pays you a hefty sum of money over time. It's still the most profitable masternode coin in existence (despite the price per Dash taking a dive during the bear market period of 2018). The only downside would be that you'd need to invest a fortune into Dash just to get the required collateral for a masternode (1000 Dash). Other than that, Dash is well-suited for a passive income that's going to last for a very long time.

Some DPoS cryptocurrencies like Lisk and Ark are good for a passive income too, if you vote for specific delegates. There appears to be some delegate pools for Lisk which pay off a good amount of money (Lisk Elite and GDTPool). But again, the price per coin would greatly affect your income in terms of USD.

Nonetheless, it's still widely possible to build your own passive income with crypto during the year. You just need to do your own research to find good coins that are worth investing for the long term. Just my opinion Smiley
hero member
Activity: 2548
Merit: 769
I think all people in crypto are hoping for a passive income from crypto during this moment would be just a dream, the reason would be the price of cryptocurrency that are so much low even if it able to generate a passive income, the value might be down.

There is no passive income nowadays. You always pay. Money, time, brainstorm - doesnt matter, you always pay. It will be possible only that time then crypto prices will have not more then 5% change at week as for me.
member
Activity: 316
Merit: 10
I think all people in crypto are hoping for a passive income from crypto during this moment would be just a dream, the reason would be the price of cryptocurrency that are so much low even if it able to generate a passive income, the value might be down.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
Try to get into projects that pay dividends regularly. I recall some exchange tokens like KuCoin or COSS that pay dividends for holding the exchange tokens.
Proof of Stake or Masternode is not actually passive since you need to setup a PoS/MN station and keep it running 24x7 to earn block rewards.

Well, there are services available across the web managed by third parties which allows you to "cloud stake" your coins or even host a masternode with them. There's no additional setup or experience required for this, as you'd only need to deposit coins to start earning. Of course, doing this it's much riskier than running a node all by yourself, but it's a good way to build passive income without much effort.

Speaking of exchange tokens, Binance Coin seems to be the best of them all. It's always in a positive trend in price when most cryptocurrencies are down on the market. Buying BNB would be the wisest decision to make since it'll allow you to double or triple your investment in the long term (due to Binance burning the number of BNB in circulation over time). You can also save yourself some fees when trading at the Binance exchange by using Binance Coin.

Another way of obtaining passive income, would be to set your inflation destination via Stellar cryptocurrency. The most common inflation destination for XLM would be Lumenaut as it pays you Stellar tokens over time. All you need is some Stellar and set your inflation destination to Lumenaut for this to work. There are other DPoS cryptocurrencies like Lisk and Ark which gives you a constant stream of coins over time by simply voting for specific delegates.

In Lisk, there's the Lisk Elite Delegate Pool and the GDTPool which pays you LSK over time if you vote for their delegates. As for Ark, there are also delegate pools available to vote for, but there's a delegate known as "bioly" which pays you a constant stream of coins over time.

Therefore, with many cryptocurrencies available on the market today that makes use of PoS, DPoS, or masternodes, it's easier to build your own passive income these days that will last for a very long time. Just my opinion Smiley
sr. member
Activity: 812
Merit: 287
passive income is always an attractive candy for an investor, but let's be honest, a rare project boasts stability ... some projects offer dividends but cannot keep the dump in the market, NEO is an exception and if all projects approached their concept with such reasonableness it was would be more investors who prefer to receive a stable, passive income.
full member
Activity: 588
Merit: 107
Try to get into projects that pay dividends regularly. I recall some exchange tokens like KuCoin or COSS that pay dividends for holding the exchange tokens.
Proof of Stake or Masternode is not actually passive since you need to setup a PoS/MN station and keep it running 24x7 to earn block rewards.
Pages:
Jump to: