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Topic: Passively earning in crypto without trading. (Read 212 times)

sr. member
Activity: 1036
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
March 28, 2024, 03:27:05 AM
#9
Apart from trading, cryptocurrency can be earned in many other ways. By providing any kind of online service, payment can be made through cryptocurrency or Bitcoin. What matters here is what you intend to receive the money for. If you want to accept cryptocurrency or Bitcoin then you can. There are many types of small or large services that you can earn with.
sr. member
Activity: 1624
Merit: 292
Eloncoin.org - Mars, here we come!
(...)Or are there other passive ways of earning you will recommend for those that already missed the ongoing pump and are skeptical of price dumping on them?

You can participate in the referral program of CEXs, and not only in the bull season but also in the bear season, this passive income is still a pretty good form. But it needs you to have a community and know how to attract users to sign up through your link.

In addition, I think airdrop, bounty, testnet,... are also some forms of income for us in the space.

While it may seem convenient at this stage to see profits, the value of cryptocurrencies can fluctuate wildly and without careful research, passive income can also be risky lost money.
legendary
Activity: 1792
Merit: 1296
keep walking, Johnnie
Or are there other passive ways of earning you will recommend for those that already missed the ongoing pump and are skeptical of price dumping on them?
I can recommend an almost passive (pass a simple captcha every hour) way to get satoshi, which doesn't require special skills and time from a well-known and trusted exchanger aggregator - Earn free BTC with BestChange BTC faucet.

Drop by drop from faucet bitcoin satoshi accumulates and this is exactly what is called “Penny and penny laid up will be many”.

I haven’t withdrawn the accumulated satoshi yet, because in the process of accumulating the minimum withdrawal limit (1000 sat), but I’m sure there won’t be any problems with this. The process itself, in a sense, even seems like a little entertainment, and brings in its penny.
jr. member
Activity: 14
Merit: 0
Check the earning programs on popular exchanges like binance, kucoin... the APR rates differs per coin and per term (flexible vs fixed).
Market mood also plays a role here ( seems like that during bull markets they offer higher APR on stable coins ).

There also used to be lending with some exchanges (I think bifinex still has this option)
or investing with casino bankroll was popular some time ago  (looks like bitvest is still working)
legendary
Activity: 3038
Merit: 1330
Slava Ukraini!
There isn't many ways to earn money passively, other than just holding your coins. It's also safest way, though, it doesn't guarantee high returns.
Other methods isn't completely passive because it requires more or less efforts. You can look at affiliate marketing, but it requires quite a lot work and some knowledge in beginning to start generating money. Lending is another option, but it's very risky, definitely not for beginner.
copper member
Activity: 1960
Merit: 1638
Top Crypto Casino
HODLing the coins in a noncustodial air gapped wallet is probably the safest way with minimal effort. All you have to do is buy during the bear market and wait for 3–4 years to sell at the top or near the top. You will earn way more profits than staking or yield farms offer.

Other passive forms of earning in crypto such as cloud mining are mostly scam.
hero member
Activity: 2954
Merit: 725
Top Crypto Casino
Or are there other passive ways of earning you will recommend for those that already missed the ongoing pump and are skeptical of price dumping on them?
Holding for me outside exchange is still considered as a passive way of earning, you may not earn through the quantity of your holding unlike staking and interest rates coming from exchanges but you don't hold the private keys there. I'll choose to own and have it and see it grow in paper value than of seeing it have more in small amounts through quantity based on the percentage reward that they're giving to the depositors or holders of their vaults. I just find this as a better way to increase the profit through holding and that's why I consider it as a passive income. Also, you don't get to trade with that as it seems safer than all of those options.
legendary
Activity: 2506
Merit: 3645
Buy/Sell crypto at BestChange
These methods are based on providing liquidity to users. In the current market, there is a scarcity of stablecoins and an abundance of Bitcoin, so it is easy for them to ask you for Bitcoin or stable currencies in order to obtain more stablecoins.
Therefore, with the increase in the price of Bitcoin, these projects succeed in attracting liquidity, but as soon as the price correction occurs, all of these services will end up in bankruptcy, so be careful and withdraw all your assets from them before the price correction begins.
newbie
Activity: 67
Merit: 0
There is a lot of transformation and development that has happened in the crypto space over the last decade. Back in the days, investors have to buy BTC and HODL for long timeand wait for the bullrun to earn. Along the line, crypto trading came up which has been an integral part of crypto since its introduction.

In order to bring more passive means of earning, staking, savings and lots of innovation came up to reward investors who are not willing to embark on trading but also want to earn from their crypto holdings. This strategy was quite more rampant during the bear market where products like Binance launchpool, high yield earns and Bitget sharkfin, dual investment and the rest where the best strategy to navigate the storm of the season.

With the bull market insight, seems a lot of people are enjoying the pumps from several coins they have invested in during the bear market but for those that didn't invest during that period, this product can still be utilized as the APRs have increased significantly unlike the bear market.

Or are there other passive ways of earning you will recommend for those that already missed the ongoing pump and are skeptical of price dumping on them?
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