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Topic: Passive income with crypto - page 3. (Read 778 times)

hero member
Activity: 1498
Merit: 711
"Play Poker on Telegram"
August 15, 2023, 12:25:11 PM
#87
Instead of advising newbies to invest in Bitcoin or any other crypto coins out there, just get their curiosity high up by telling them to explore crypto and how it differs from stock trading. People tend to back away from such opportunity when they're almost feel "forced" to. I ain't a psychologist but this is somewhat what I feel whenever people tend to tell me about my decisions about my money.
Do you want them to invest or trade on what they are not perfect off, or you want them to embrace cryptocurrency when they have not known anything concerning cryptocurrency, the thing is that in cryptocurrency you cannot tell someone what to do because investing in cryptocurrency is something of choice and something of determination in which the investors have already map out their plans before coming in, no amount of what you advice them to do that will discouraged them. A cryptocurrency investment is something of choice and mind because if you are not determined you can not invest in cryptocurrency investment.
sr. member
Activity: 1596
Merit: 264
August 15, 2023, 10:27:18 AM
#86
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
Instead of advising newbies to invest in Bitcoin or any other crypto coins out there, just get their curiosity high up by telling them to explore crypto and how it differs from stock trading. People tend to back away from such opportunity when they're almost feel "forced" to. I ain't a psychologist but this is somewhat what I feel whenever people tend to tell me about my decisions about my money.

There is nothing to find like that here- passive income. You can somehow earn a profit in the crypto space but thinking we could call it passive income, ain't possible. Why? It is because of the volatile nature. Prices went up and down, and you can't even expect you can earn every day or this amount monthly, unlike in a business where you can possibly hit the target daily or monthly.
Crypto investment is just a side hustle, you can earn from here and you possibly lose as well. You can't control the market situation and so the profit that you get.
It's still passive income whenever you call it. You're still earning something without your actions. On the other side of the coin though lies a passive loss as well due to volatility. It ain't that bad anyway unless you're going full-time investing like committing all your savings to it.
sr. member
Activity: 1372
Merit: 269
★Bitvest.io★ Play Plinko or Invest!
August 15, 2023, 10:11:19 AM
#85
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.

The only passive income that I know you can do with altcoins is through staking, farming, trading or copy trading, if you are going to do staking, the best platform I can recommend to you is the Binance platform, if on Dex you want to stake is biswap for me he is okay.

Farming biswap is also okay for me, and as for copy trading, I recommend Fairdesk and Bitget, they are quite legit and their features are good too. But this is just my suggestion.It is still Do it at your own risk anyway.
sr. member
Activity: 2828
Merit: 344
win lambo...
August 15, 2023, 09:39:05 AM
#84
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.
There is nothing to find like that here- passive income. You can somehow earn a profit in the crypto space but thinking we could call it passive income, ain't possible. Why? It is because of the volatile nature. Prices went up and down, and you can't even expect you can earn every day or this amount monthly, unlike in a business where you can possibly hit the target daily or monthly.
Crypto investment is just a side hustle, you can earn from here and you possibly lose as well. You can't control the market situation and so the profit that you get.
hero member
Activity: 1498
Merit: 711
"Play Poker on Telegram"
August 15, 2023, 09:31:36 AM
#83
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
newbie
Activity: 22
Merit: 0
August 15, 2023, 09:15:50 AM
#82

Node validator is the most complicated one but having bigger rewards because it needs you to have VPS, stable internet connection and technical knowledge in running the node. Depending on the coin that you want to run a node, there are some minimum amounts that you need in order to run a node.

Like Ethereum, it requires a minimum of 32 ETH to be a node validator. As for the rest, not that much.
Do you invest 32eth or are there like pools where you can invest a part of money?
legendary
Activity: 2380
Merit: 1082
Leading Crypto Sports Betting & Casino Platform
August 15, 2023, 03:28:02 AM
#81
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.
Well, i believe by now, you must have gotten your answer, so yeah, there are actually several ways one could earn passive income from crypto, and one of those is by staking, there are two types or forms of staking, and that is the centralized form and the decentralized form.

The centralized form of staking is one that are offered by centralized platforms like centralized exchanges and so on, i honestly do not recommend this type of staking because, though they often come with a high APY or APR, but it comes with some level of risk too, the risk is that, what ever coins you hold on a centralized platform is no longer yours, if for whatever reason the platform can no longer process withdrawal requests, then your money is gone for ever, as there will be no way or means to gain back access to your funds.

Decentralized staking on the other hand come often come with a tiny APY or APR, most especially for those that last for a very long time, like staking on the Solana blockchain, Renec Blockchain, Ethereum blockchain, Tron blockchain and so on, all this blockchains i mentions plus some others offer staking that is very passive, that is, you could be earning money for a very long time depending on how much you staked.

There are also other ways through which you can earn passive income from crypto outside staking, but staking is the easiest  and best for me .
legendary
Activity: 2660
Merit: 1074
August 15, 2023, 02:46:04 AM
#80
you can do staking in a trusted place, besides that the main thing in my opinion is that we can invest, so that by holding it we will get a lot of profit when the market enters a bullish season. but before that I suggest studying it first before deciding to invest, so we don't get it wrong in taking action that will be fatal. on the other hand, if you want to get daily money, you can do daily trading, that way we will get income, which if the results are calculated, are not inferior to investments, but knowledge and experience are needed for this
Staking on some big exchanges could be possible. In Trustwallet, they also offer staking there. Both places are trusted but we only need to allocate small amounts for staking because as you said, most of our money should still be used for investing as it is the one that can provide us bigger income. Studying is a must because how can we perform any action if we don't know how it works? Investing isn't hard as trading so we only need a basic knowledge and we are good to go after that.

There is no way we can earn daily profits in trading no matter how skilled we are and that is why it's recommended to have other sources of income.
hero member
Activity: 2352
Merit: 594
August 14, 2023, 09:16:39 PM
#79

But the most common one is staking where it is just like time deposit in crypto. I usually do that in some mainnet platforms like in Ethereum, Linea, zkSync ERA, etc.

staking assets is probably the easiest thing to do. OP, be careful not to be too trusting of staking platforms. or maybe web for cloud mining. if you deposit your assets, you can lose everything if you don't choose the right platform.
but I also can't be satisfied with the APR offered for some platforms. if you have trading skills, you can use them. I prefer trading than staking. but if not, staking may be a better alternative.

Though trading is not passive income, you'll need to be awake at that time, unlike staking, but I do prefer more trading, as staking is somewhat for me not a sure profit because sometimes your funds get locked out as there are scam platforms and I don't see a future on it, unlike trading, where you can earn anytime as long as your entries are good, but the downside is that it ain't passive and you'll need to get your hands dirty to learn them.
full member
Activity: 602
Merit: 144
Chainjoes.com
August 14, 2023, 05:02:28 PM
#78
I think you came here perfect time. For good profit bear market is best time i believe. If you really want to passive income you have to must invest in this market. If you invest here in this bear market in future you will huge profited there has no doubt. You only need invest on Bitcoin and hold it. If you were able to wait one to two years you will be huge profited. I think it is the best way to good income from this cryptocurrency market.

Moreover you can stake Bitcoin or top Altcoin then it will give you big profit. And you can earn refaral income from crypto exchanger, and from many gambling site. You can try it.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
August 14, 2023, 04:04:48 PM
#77
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.

Like others said the only service that can pay you passive income at a time is staking, but I must warn you that staking on wrong exchanges can be problematic for you. I'm not promoter of Binance but I have heard that they also have staking option available and anyone who stakes their coins on Binance exchange is on safe zone as far as I know.

Other than staking I don't think that any other option to make money in crypto can be done on passive way. I know that those who run their news sites related to crypto-currencies can also earn passive income but that type of income requires a lot of effort and money in first place. But, yes one can also earn passive income from such sites that are entirely created to publish crypto related news articles.
hero member
Activity: 826
Merit: 583
August 14, 2023, 09:38:11 AM
#76

But the most common one is staking where it is just like time deposit in crypto. I usually do that in some mainnet platforms like in Ethereum, Linea, zkSync ERA, etc.

staking assets is probably the easiest thing to do. OP, be careful not to be too trusting of staking platforms. or maybe web for cloud mining. if you deposit your assets, you can lose everything if you don't choose the right platform.
but I also can't be satisfied with the APR offered for some platforms. if you have trading skills, you can use them. I prefer trading than staking. but if not, staking may be a better alternative.
hero member
Activity: 2254
Merit: 658
Looking for gigs
August 14, 2023, 09:08:52 AM
#75
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.

There are various passive income methods that you can do in crypto:

1. Staking
2. Liquidity provider
3. DeFi fixed yields
4. Farm/stake LP
5. Node validator

But the most common one is staking where it is just like time deposit in crypto. I usually do that in some mainnet platforms like in Ethereum, Linea, zkSync ERA, etc.

Node validator is the most complicated one but having bigger rewards because it needs you to have VPS, stable internet connection and technical knowledge in running the node. Depending on the coin that you want to run a node, there are some minimum amounts that you need in order to run a node.

Like Ethereum, it requires a minimum of 32 ETH to be a node validator. As for the rest, not that much.
legendary
Activity: 1092
Merit: 1024
Goodnight, o_e_l_e_o 🌹
August 14, 2023, 05:33:35 AM
#74
Currently one of the best job is being a developer, for example you are a front end and back end developer of a blockchain project of course the payment can be use as crypto at the same time, also you can do a social media management with the discord community of different projects you don't need to settle with the investment only but also inquire more whats about the crypto there's a lot of option beside from gambling, investment, holding, trading and etc. Theres a lot of form to earn during the bear market.

Are you a developer of blockchain projects? I really want to know because I saw a bright future there but later on the picture became blur.

Earning passive income with crypto I can say that instead of putting coins on your spot wallet I usually do staking. I'm staking my coins now with 35% APR this is a good thing right now since we're on bearish market. while the price changing I'm still earning a couple coins everyday. When the price goes up maybe 2 years from now I can claim it all at once. It's really hard to depends on crypto with the current bear market we have so staking is the only thing i can advice right now.
35% APR is very high.
How did you get this?
On which coin and platform?
Is it annual or biannual?
newbie
Activity: 22
Merit: 0
August 14, 2023, 04:44:47 AM
#73
Recently, I saw this product, it provides an opportunity to earn passive income for traders. Take a look, maybe you will find it useful https://structure.finance/dnt/
I tried a couple of times, spending $1-2 and it worked out for me. Pretty entertaining thing
Looks pretty safe but the interface is weird, it's beta version
newbie
Activity: 19
Merit: 0
August 14, 2023, 04:01:21 AM
#72
Recently, I saw this product, it provides an opportunity to earn passive income for traders. Take a look, maybe you will find it useful https://structure.finance/dnt/
I tried a couple of times, spending $1-2 and it worked out for me. Pretty entertaining thing
newbie
Activity: 15
Merit: 8
August 14, 2023, 02:23:03 AM
#71
Earning passive income with crypto I can say that instead of putting coins on your spot wallet I usually do staking. I'm staking my coins now with 35% APR this is a good thing right now since we're on bearish market. while the price changing I'm still earning a couple coins everyday. When the price goes up maybe 2 years from now I can claim it all at once. It's really hard to depends on crypto with the current bear market we have so staking is the only thing i can advice right now.
hero member
Activity: 1022
Merit: 527
OrangeFren.com
August 14, 2023, 12:59:37 AM
#70
When we do speak about passive income then it would really be pertaining into something which we would really be just simply sit and wait which we could still make out some revenue which it is really the true meaning of passive on which it is something that cant really be that so easy here on crypto because when we do speak about passive then it is something that would really be means about assurance on making profits.Lets say about having those staking per year which it would be giving out whether that monthly gain out or yearly but still it wont really be guarantee out that it would really be that  giving out that kind of profit in a year basis knowing that price of crypto is really that volatile and something that cant really be known. In overall people would really be falling into the category of making out trades which it would be considered to be that an active thing to be done by someone for them to make income or profit here on crypto space. If you arent really that able to find out other various ways then it would really be just only possible into those traditional businesses or investment
in speaking about passive like on real estate which had been rented or whatsoever correlated to it.
         There are not so many of them, but there are people who have a whole strategy for winning money. Naturally, excitement interferes with the investment process, but discipline will come to the rescue here. This experience comes only with years and through your own mistakes. It is never too late to learn this if there is an incredible desire. After all, temptations do not go away, but on the contrary, they appear even more when the money is in the accounts.
sr. member
Activity: 546
Merit: 347
🎗️🍁🎭
August 13, 2023, 09:55:19 PM
#69
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.
If you want to earn passive income then you must buy some tokens with some money and start staking them. If you keep stalking then from there they will pay you some amount daily and with that you can earn good amount daily. But you have to keep in mind that if you are staking on any exchange which is not trusted then you can not lose money and try to staking on trusted exchange. But I think if you invest in Bitcoin for a long period of time it will give you a better profit in future as compared to passive income. So I suggest you leave all the worries and invest in Bitcoin and hold it will be good for you.
hero member
Activity: 2646
Merit: 586
August 13, 2023, 04:44:42 PM
#68
The way to passive income from crypto without giving loans is trading with cryptocurrencies, that is, you can make this income by buying a coin at a low price and selling it at a relatively high price. If you have an understanding of the market then you will understand that the market goes up and down every time, at this time you need to understand the market when the price of a particular coin goes down relatively much and when the market goes up from that low position at that time you need a particular coin. You have to buy coins, then when the market goes up again and you check your market when it looks like the market might go down again you have to sell those coins basically this is how you can make passive income from crypto.
You can't consider trading a passive income source because you need to do a lot of work to earn some profit from trading and a passive is that earns you money from a source where you don't need to work continuously but you make an investment and make a set up that will keep generating an income for you which can be any amount low or high, but since you need to do research and analysis, watch the charts all the time, make trades manually, so you can't consider the profits you get from trading to be passive income.

Other than staking, I don't think there are any other ways to earn a passive income from cryptocurrencies but I don't recommend staking because that gets your capital stuck because some staking contracts don't allow you to withdraw the tokens you have staked until the contract period gets over.
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