Investing in cryptocurency is better when what you're after is capital gains from long term holding and not passive income, cryptocurrency aren't business that you can expect passive income from and any project offering you passive income shouldn't be trusted because they'll fail you in the future. Staking is the only way to get passive income but don't believe every project offering staking will stay popular forever to give you profits, many of them won't be around for next bull market.
Any individual interested in Investing in cryptocurency, they should do that with either trading cryptocurency for profits or holding cryptocurency for future gains. Any cryptocurency project that looks like a HYIP or Ponzi scheme shouldn't be trusted and avoided always.
Unfortunately there are too many projects that promises great returns and then fail, and too many people fall for these for some reason. I think the fact that there are already good ones made people forget that it took a lot of hard work and a lot of hype to make them be there, and something new can't be there.
There are way too many people who do not know what makes a coin go up a lot and that is why it is important to realize that we are not going to end up with something good in return. I hope that it gets to a point where we should see a lot of changes. I know that it will take some time, but it should be important to be able to see the distinction in order to make a profit, all these terrible ones are too obvious to me.
On continuous increasing in numbers in talks about the new projects that been launching on this market then it isnt really that new anymore that most of them are trash and this is something that should really be looked or be careful upon if you dont like on messing up your money or investment. Passive income could only go via staking but there's still a risks compared into those passive income that we do have in traditional business.
In staking then it would really be still determining on the value of the coin that you are really that parking in because if the value drops then no matter how good looking or big that APY then it would really be still useless
plus having those probabilities that those validators would shut down then there's no way on getting those coins back. This is why i dont really believe about passive income unless if there would really be some
monthly drops for certain holders of such coin.Just like into those years when im dealing with some altcoins in the past but it was cut-off.