Passive income with crypto | Bitcointalksearch.org

rozak

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Quote from: JanNettFoster on August 23, 2023, 04:11:53 AM

Quote from: Distinctin on August 18, 2023, 05:59:45 PM

Staking would be great but it will never stay passive in the future. Know that there are actually no passive income that will stay that way forever. Everything should be done with more time and efforts so that you will mold it into an active income, and not that it’s only going to give you profits without putting any work on it. That could be the reason why instead of looking for a passive income which I think is still unreliable, go look for an active income instead. That way, you will know that you’ll be generating profits soon because you have seen how much efforts you have put into it just to see it working and become successful.

I saw there' re products where you predict btc price for next 5 min and double your investment. Do you think it's a trick?

what product is it? i have never seen a trading platform that can do that.
if what you mean is futures trading with multiples. it can be done but it also increases the risk.
the weakness of staking that can be an option for you is the unpredictable value of your assets in the long term. maybe your asset quantity increased because of the APR you got. but the value could have increased, could also decrease.

JanNettFoster

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Quote from: Distinctin on August 18, 2023, 05:59:45 PM

Staking would be great but it will never stay passive in the future. Know that there are actually no passive income that will stay that way forever. Everything should be done with more time and efforts so that you will mold it into an active income, and not that it’s only going to give you profits without putting any work on it. That could be the reason why instead of looking for a passive income which I think is still unreliable, go look for an active income instead. That way, you will know that you’ll be generating profits soon because you have seen how much efforts you have put into it just to see it working and become successful.

I saw there' re products where you predict btc price for next 5 min and double your investment. Do you think it's a trick?

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Quote from: jaberwock on August 20, 2023, 01:12:55 PM

Quote from: irhact on August 18, 2023, 06:31:48 AM

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.

to get profits from investments, especially from new projects, can indeed generate big profits, but when to be able to harvest the results of that investment, we don't know it, even with investments it generates passive income. however, we must be aware of the risks so that we can plan well if things do not happen as expected, considering that we have to bear the risk of an investment. therefore many people who look normal work but they have a lot of money from investing as passive income

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Quote from: jaberwock on August 20, 2023, 01:12:55 PM

Quote from: irhact on August 18, 2023, 06:31:48 AM

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.

jaberwock

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Quote from: irhact on August 18, 2023, 06:31:48 AM

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.

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Quote from: Russlenat on August 18, 2023, 05:47:41 PM

Quote from: JanNettFoster on August 07, 2023, 05:34:40 AM

Hey guys! I've been in crypto for a while but since it's bear market I'm curious: are there any services where you can earn passive income in crypto, except lending?
If you know, share your experience, please.

A lot of us here are probably into staking but even if we say it’s a passive income, still the guarantee is not 100% that it will be profitable in the future knowing all these reward tokens you got will never have the same value after a couple of months and years. So it can be passive just for the moment only.

For me, if you want bigger opportunity to be profitable, just invest in bitcoin and hold it for long term. It could not be profitable today but as bitcoin value continues to surge high, the future profits are also incomparable.

Apart from the staking method there are another passive income means in the crypto market since the OP don't like the lending idea and other passive income I know are yield farming, automate saving ^{(this involve keeping your crypto on CEX though and the risk is high)}, and liquidity provider. As you have said, some of the passive income may not be profitable at some point but lending appear to be better if know how to so it right.

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Staking would be great but it will never stay passive in the future. Know that there are actually no passive income that will stay that way forever. Everything should be done with more time and efforts so that you will mold it into an active income, and not that it’s only going to give you profits without putting any work on it. That could be the reason why instead of looking for a passive income which I think is still unreliable, go look for an active income instead. That way, you will know that you’ll be generating profits soon because you have seen how much efforts you have put into it just to see it working and become successful.

Russlenat

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Quote from: JanNettFoster on August 07, 2023, 05:34:40 AM

Hey guys! I've been in crypto for a while but since it's bear market I'm curious: are there any services where you can earn passive income in crypto, except lending?
If you know, share your experience, please.

A lot of us here are probably into staking but even if we say it’s a passive income, still the guarantee is not 100% that it will be profitable in the future knowing all these reward tokens you got will never have the same value after a couple of months and years. So it can be passive just for the moment only.

For me, if you want bigger opportunity to be profitable, just invest in bitcoin and hold it for long term. It could not be profitable today but as bitcoin value continues to surge high, the future profits are also incomparable.

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Quote from: usekevin on August 17, 2023, 05:15:54 PM

Many people had start to earn in crypto with the motive of earning more or additional income from the Cryptocurrency.Many people get scam with the fake Ponzi scheme because of less awareness with the cryptocurrency.The newbie should learn more from cryptocurrency and then start to inverse in the cryptocurrency.

Actually, there is nothing wrong with the motivation to earn money from crypto. I believe everyone in this forum trying to get money from crypto as well. But we must understand that getting money in crypto isn't an easy thing, it is high risk and we must have sufficient knowledge to deal with this situation. Newbies sometimes hurry to invest or trading crypto, they think it is easy to earn profits. They don't know which crypto coins are safe to invest and which are too risky. They sometimes end up by losing money in crypto because they follow the hypes. They got scammed on the hype coins that have no good fundamentals. It is sad to know that there are still many newbies who don't understand how crypto works.

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Quote from: GeorgeJohn on August 15, 2023, 09:31:36 AM

Quote from: jeraldskie11 on August 13, 2023, 11:05:52 AM

If you see Bitcoin was still in the bear market then it's an opportunity to hold more Bitcoins. But in my opinion, base on my analysis in the market, I consider Bitcoin as a bullish. The market volume is quite low that's why others think Bitcoin is still bearish. If we compare it before, when advancing starts, the price move to the upside drastically. Aside from that, if you want to earn passive income in crypto, I can recommend to stake your tokens but this not a guarantee that you will be profitable because even though you will get more tokens the price might decrease. So you have think it every well before you decide.

Anything concerning cryptocurrency investment cannot be trusted hundred 💯 that it will give you a profit, so therefore is not good to advice a newbie or newly investor to invest in bitcoin without knowing the right time to venture into the investment, whosoever that planing for earning should know that it's always that profit can come in into cryptocurrency investment, and it have in mind that investment of cryptocurrency and especially bitcoin do revise most times and it's not a reliable measure

Well, anything related to bitcoin involves risk that’s why we should never take decisions unless we have studied it intensively in order to lessen the risk of losing. Although bitcoin is said to be profitable but it’s never a guaranteed word for all of us, even veterans are not an exception. Whether it’s passive or active income we are looking here, as long as there are still calculated risks on it, then we can’t reliably expect 100% for it to happen.

cute nmp

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Sure, there are other ways one can earn apart from Lending, try staking if you are afraid to stake other altcoins then try stable coins there are profitable farms for staking stablecoins. Trading can also earn you passive income with time you can buy altcoins at low prices and sell when the prices go up it is also a very good way to earn passive income in cryptocurrency.

armanda90

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Quote from: Yamifoud on August 18, 2023, 09:04:11 AM

Trading is profitable for those who have enough experience doing and even consider this as their passive income. In fact, one of my friends has become a full-time trader leaving his stable job because he notices that he can earn more. This situation will give us a picture that it was not impossible to have a passive income in crypto. The only thing we have to do is choose the best place for us - a trader, investor, crypto blogging, etc. What I mean is to fit ourselves into something that we think we can do it.

Many people leaves with their stable job and focus become full time trader in cryptocurrency, some of the them not priority with cryptocurrency as passive income but become main income. I have been in this position after graduating and not continues as a teacher and spent full time as influencer for full time trader. Can't guarantee with stable or consistent profitable when becoming full time trader, but if not bad ideas if cryptocurrency as passive income and still have main job during our saving not enough for one year later without working yet. For every one want to adopt with full time trader and cryptocurrency not only as passive income but also main income better have much saving before and you don't fell frustrated when get loss as full time trader later.

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Quote from: macson on August 17, 2023, 06:01:13 PM

Quote from: JanNettFoster on August 07, 2023, 05:34:40 AM

Hey guys! I've been in crypto for a while but since it's bear market I'm curious: are there any services where you can earn passive income in crypto, except lending?
If you know, share your experience, please.

now what makes you comfortable and what can you do? because there are several ways that you can currently use to get passive income from crypto such as being part of masternodes, staking, bounty campaigns, trading or writing blogs that give crypto rewards.
but since this topic is in the trading section, what you have to do is focus on becoming a trader or investor and currently there are quite a number of exchanges that can be a comfortable place for traders, there are also some DeFi platforms that can provide passive income but the risk is quite high.

Trading is profitable for those who have enough experience doing and even consider this as their passive income. In fact, one of my friends has become a full-time trader leaving his stable job because he notices that he can earn more. This situation will give us a picture that it was not impossible to have a passive income in crypto. The only thing we have to do is choose the best place for us - a trader, investor, crypto blogging, etc. What I mean is to fit ourselves into something that we think we can do it.

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Quote from: xSkylarx on August 17, 2023, 08:19:17 AM

Keep looking for a passive income in crypto; for sure, you'll end up getting scammed in a HYIP or Ponzi scheme, mostly if you are a newbie because you want a shortcut and don't do the dirty work. If you really learn crypto deeply, for sure, you won't find any kind of this passive income except staking, but again, it won't last long, so it is better to invest in holding bitcoin or doing trading.

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.

Vivageneviv

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One of the beauties of the crypto ecosystem is that it never runs short of passive income opportunities. If you are not trading, you're lending, or you're staking, or you are simply doing something else that generates income for you as long as you are consistent and do it right. I came across a crypto trading competition in one of the top exchanges, tagged #KCGI on Twitter, you might want to check out if it meets your passive income demand.

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Quote from: JanNettFoster on August 07, 2023, 05:34:40 AM

Hey guys! I've been in crypto for a while but since it's bear market I'm curious: are there any services where you can earn passive income in crypto, except lending?
If you know, share your experience, please.

Staking works for others so if you think it will also be worthwhile for you, then you can try it too. But always remember that those reward coins you will get from staking have also high chances that they will eventually lose their value in the future, so know what coins you have to hold for long.

However, while the market is still bearish, you can also prepare for the next Bitcoin halving. Do the DCA, it will increase the volume of your coins in less time and when Bitcoin bull run is finally here, you can always take time to sell and make significant profits.

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Quote from: JanNettFoster on August 07, 2023, 05:34:40 AM

Hey guys! I've been in crypto for a while but since it's bear market I'm curious: are there any services where you can earn passive income in crypto, except lending?
If you know, share your experience, please.

now what makes you comfortable and what can you do? because there are several ways that you can currently use to get passive income from crypto such as being part of masternodes, staking, bounty campaigns, trading or writing blogs that give crypto rewards.
but since this topic is in the trading section, what you have to do is focus on becoming a trader or investor and currently there are quite a number of exchanges that can be a comfortable place for traders, there are also some DeFi platforms that can provide passive income but the risk is quite high.

salad daging

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Quote from: examplens on August 16, 2023, 03:53:23 PM

The risk is not only in price fluctuation, there are other things as well. For example, which platform to choose to stake coins with them, and who is reliable enough to hold money with them? Just remember Celsius, and I will emphasize again, not your key, not your coins.

True no one is reliable enough to keep their money on the platform some big companies have gone bankrupt after bankruptcy user funds cannot be withdrawn especially by risking a long time and true the Celsius platform is one as an example to avoid using the platform.

Look at the current price fluctuations bitcoin fell to $25K and of course the effect on other coins is the same, meaning that risking will not be profitable when the market is bearish.

I avoid platforms - not your keys, not your coins is the right word.

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Quote from: arwin100 on August 07, 2023, 10:25:54 AM

Quote from: JanNettFoster on August 07, 2023, 05:34:40 AM

Hey guys! I've been in crypto for a while but since it's bear market I'm curious: are there any services where you can earn passive income in crypto, except lending?
If you know, share your experience, please.

Hard to find passive income generating platform since most of the time only scam platform as just showing up. I don't know if staking is good option but you can try the suggestions posted to know for yourself if its really worh it. Also don't think about passive thing on crypto but rather on learning new things on crypto and try to earn on each ideas you read then apply it. Also be careful on people offering big profits since this is much unrealistic and this is just used by scammers.

If you have sufficient amount of crypto, you can do staking and crypto lending as well. Those were probably the most known that generate passive income. If they work for you, then good. But never close your mind from learning new insights in the forum. That way, while you are enjoying your passive means of income, at least you are also learning the process on how to gain through active means of income in the crypto. Investing is a good start, but always do it after you have acquired prior knowledge and understanding on the risks associated in crypto investment.

usekevin

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Quote from: xSkylarx on August 17, 2023, 08:19:17 AM

Keep looking for a passive income in crypto; for sure, you'll end up getting scammed in a HYIP or Ponzi scheme, mostly if you are a newbie because you want a shortcut and don't do the dirty work. If you really learn crypto deeply, for sure, you won't find any kind of this passive income except staking, but again, it won't last long, so it is better to invest in holding bitcoin or doing trading.

Many people had start to earn in crypto with the motive of earning more or additional income from the Cryptocurrency.Many people get scam with the fake Ponzi scheme because of less awareness with the cryptocurrency.The newbie should learn more from cryptocurrency and then start to inverse in the cryptocurrency.Some scammer will make you greedy and sell you the waste token.Which is not the listed and the project will closed by the owner after made particular percentage of tokens.

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