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.
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.