Topic: Passive income with crypto - page 7. (Read 741 times)
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.
But to be able to stake, we need to hand over our crypto assets to 3rd party, centralized platforms, which is very risky for our assets as we don't have full control of our property. After what happened to lending platforms like BlockFi, Anchor Protocol, Celsius... I think staking is something we should stay away from.
No.You can stake directly on noncustodial wallets that support staking. You do not need to stake on those centralized platforms which is against the rules of cryptocurrencies which is not jot your key not your coins.
If we can't day trade to make a profit. The best solution is to hold bitcoins in a non-custodial wallet until the bull market makes a profit. Do not for a little daily profit, we have to trade-off too much risk by staking.
This is the best option for bitcoin. But if you hold altcoins like Polkadot, Cardano, Solana and some other ones, you can also stake the coins for more profit while holding it. 
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?
The ones that I know is staking, but you have to stake the coins and receive your reward everytime the staking protocol says. There are many altcoins like Polkadot, Solana, Atom that you can stake. You can also stake coins like wBTC but which is not bitcoin but pegged with bitcoin price. But the best advice I have for you is to just hold your bitcoin and leave it for a long period of time, the price will increase and you will make money from it.
If we can't day trade to make a profit. The best solution is to hold bitcoins in a non-custodial wallet until the bull market makes a profit. Do not for a little daily profit, we have to trade-off too much risk by staking.
You have an advantage to buy more bitcoin since we are in the bear market and the price is affordable. After buying you should hodli till next two years when bitcoin price will hit a new ATH, you can sell off your investment by then to make good profit. I believe this is the only way that you can make passive income because if you invest on altcoins,it will be risky and you can also run at loss as a newbie that hasn't study the price movement of those altcoins. Now is the best time to accumulate more bitcoin to your investment portfolio and don't think of looking for a get rich quick project because they might turn out the other way.
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 know, share your experience, please.
With 'crypto' I don't know, but with bitcoin it's not worth it because all the solutions to what you are looking for involve giving up your private keys. Add to that that the 'passive' profitability you will get is a minuscule percentage of what you get for simply holding bitcoin.
It is clear to me: little profitability, even if it is 'passive' and a lot of risk: I don't invest.
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?
The ones that I know is staking, but you have to stake the coins and receive your reward everytime the staking protocol says. There are many altcoins like Polkadot, Solana, Atom that you can stake. You can also stake coins like wBTC but which is not bitcoin but pegged with bitcoin price. But the best advice I have for you is to just hold your bitcoin and leave it for a long period of time, the price will increase and you will make money from it.
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 know, share your experience, please.
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