Pages:
Author

Topic: Seeking Passive income offer with low risk (Read 557 times)

hero member
Activity: 1904
Merit: 541
September 12, 2023, 07:38:00 AM
#73
This is the longest bear market I've ever witnessed, and I've been in the crypto space for about 4 years now. I've blown my trading accounts many times and have taken numerous risk management courses in preparation for the bull market. I'm tired of waiting, and I don't have the mental fortitude to keep trading, haha. This brings me to why I'm writing this...

I've been searching for an opportunity that will enable me to earn extra income to keep me afloat in anticipation of the bull run, but I've always hit a roadblock due to several reasons like low APYs, dicey processes, and high risk, etc. I'm more conservative with finances, so I would appreciate any suggestions on a passive income offer or product with low risk. Preferably, my capital would be protected, and the potential for growth would work well for me.

I don't see any other best way for what you want to happen than to try staking using legitimate Defi platforms if cryptocurrency is what you want to invest in. And one of the good things to do is use the Binance platform to invest in Bitcoin or any other cryptocurrency that is listed among the top coins in the market and use the staking features that Binance has.

Just shop if the coins you choose are 3 months, 6 months, or 1 year, depending on the duration stakes you want. At least in this case, while you are not moving your holdings, you are sure that there will be earnings coming into your coins via staking your assets. Or if you want, besides this, you can also try copy trading on Fairdesk, because there are other traders on this platform who will only buy you copy trading with a minimum investment, depending on the amount you want. But you can check first before you decide. It is because Fairdesk has been excellent for me thus far. https://www.fairdesk.com/copytrading
hero member
Activity: 2954
Merit: 796
September 11, 2023, 11:12:12 AM
#72
There are many ways for you to get passive income in this crypto industry. One of them is by offering your skills in the service section of this forum platform at https://bitcointalk.org/index.php?board=52.0In addition to this, if you are a content creator and have a lot of followers or subscribers, that is to your advantage because there is a YouTube campaign here. Even if you are a translator, you can also take advantage of it. Trading activity is also here; you can also get a source of income if you have extensive knowledge of trading here in the crypto space, and above all, you can do staking or farming on centralized or decentralized exchanges as well.

The OP is looking for an investment opportunity to get passive income safely so I doubt he  wants a job or something to earn additional profit. Your suggestion is good so don’t get me wrong. It’s just not being ask on this topic since the OP has capital that he wants to use to earn profit.

I believe the best answer here is DeFi through staking or lending. By selecting a trusted DeFi, he can guarantee a low risk passive profit through the method I mention.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
September 11, 2023, 11:07:38 AM
#71
This is the longest bear market I've ever witnessed, and I've been in the crypto space for about 4 years now. I've blown my trading accounts many times and have taken numerous risk management courses in preparation for the bull market. I'm tired of waiting, and I don't have the mental fortitude to keep trading, haha. This brings me to why I'm writing this...

I've been searching for an opportunity that will enable me to earn extra income to keep me afloat in anticipation of the bull run, but I've always hit a roadblock due to several reasons like low APYs, dicey processes, and high risk, etc. I'm more conservative with finances, so I would appreciate any suggestions on a passive income offer or product with low risk. Preferably, my capital would be protected, and the potential for growth would work well for me.

You can generate passive income with DeFi, lending, staking, locking your funds etc... but you must know that all of it contains risks.
APY will obviously not be more in these type of incomes but you can expect around 5% - 8% depending on various factors.
It depends on you which one you would prefer. You will have to explore more.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
September 11, 2023, 10:48:13 AM
#70
Normally you don’t get decent yield on staking bitcoin.
I guess you wanted to say stake to earn Bitcoin and not stake Bitcoin.

People who suggest @OP to stake his coins is wrong, staking is earning small amount of coins by taking big risk since smart contract is vulnerable and the centralized site can get hacked, so the @OP would lose all of his coins.
You're right. Staking bears more risk than its supposed reward. I learnt this valuable lesson  from experience last year and it shocked me to the marrows. Before then, I had thought earning passively by staking was a piece of cake until two sites owned by one source I staked on shut down last year. I lost all my tokens (KCLP, and other two tokens) on it. Still suffering from that shock, I used to check coingecko back then to find out the prices of those tokens I lost until I found out that they no longer trade.
hero member
Activity: 2002
Merit: 534
September 11, 2023, 08:17:38 AM
#69

I've been searching for an opportunity that will enable me to earn extra income to keep me afloat in anticipation of the bull run, but I've always hit a roadblock due to several reasons like low APYs, dicey processes, and high risk, etc. I'm more conservative with finances, so I would appreciate any suggestions on a passive income offer or product with low risk. Preferably, my capital would be protected, and the potential for growth would work well for me.


Like you many of the hodl investors face a similar dilemma, there isn't much movement happening in the crypto market and keeping all of your coins in the wallet doesn't bring any returns. We got used to passive income through saving accounts and buying bonds that we would like to have a similar product in the crypto world. One of the few options to make some returns would be to lend out our coins. It's called staking and traders who don't have enough capital are always looking for ways to leverage their positions. Or business owners are looking for a cheap loan in the crypto world. The problem is that in both cases there is risk involved and you might lose your investment. As a conservative investor I think that staking is not suitable for you, since you are looking for low risk investments. My advice would be for you to take a small amount of your crypto portfolio and start trading it yourself. This way you remain in charge and can choose exactly how much risk you want to take. You don't have to rely on someone else to make a profit and your upside potential is much larger.
full member
Activity: 896
Merit: 117
PredX - AI-Powered Prediction Market
September 11, 2023, 07:06:50 AM
#68
There are many ways for you to get passive income in this crypto industry. One of them is by offering your skills in the service section of this forum platform at https://bitcointalk.org/index.php?board=52.0In addition to this, if you are a content creator and have a lot of followers or subscribers, that is to your advantage because there is a YouTube campaign here. Even if you are a translator, you can also take advantage of it. Trading activity is also here; you can also get a source of income if you have extensive knowledge of trading here in the crypto space, and above all, you can do staking or farming on centralized or decentralized exchanges as well.
hero member
Activity: 2408
Merit: 584
September 10, 2023, 11:52:49 AM
#67
This is the longest bear market I've ever witnessed, and I've been in the crypto space for about 4 years now. I've blown my trading accounts many times and have taken numerous risk management courses in preparation for the bull market. I'm tired of waiting, and I don't have the mental fortitude to keep trading, haha. This brings me to why I'm writing this...

I've been searching for an opportunity that will enable me to earn extra income to keep me afloat in anticipation of the bull run, but I've always hit a roadblock due to several reasons like low APYs, dicey processes, and high risk, etc. I'm more conservative with finances, so I would appreciate any suggestions on a passive income offer or product with low risk. Preferably, my capital would be protected, and the potential for growth would work well for me.
You have waited this long for the bear run to finish and to witness the bull run and now you are going to stop trading just because the bear market is taking more time to finish than it usually does. However, its your money and its your decision, we can just express our feelings and opinions and maybe give some suggestions as well. Bull run is just around the corner and it can start at any time after or before the halving that will be approximately in April, 2024.

And, I don't think there are any other ways to earning a passive income in cryptocurrencies other than staking your coins or tokens, but you said you don't like low APYs but in reality those are the safest investment options and those coins or projects that offer very high APY are not to be trusted.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
September 10, 2023, 11:41:08 AM
#66
In terms of ROI, altcoins is the best. But in terms of better risk, I will go for Bitcoin. If you're really afraid of staking altcoins, you can do Ethereum. This is the most safest altcoin to stake, and next to Bitcoin.
I wouldn't generalize the altcoins to be the best in ROI but there's no doubt that there have been plenty of them that really have maxed out the profits and gave ROI to many of its investors. In terms of stability, there is no doubt that Bitcoin is the top choice and it's also one of the best in ROI especially if you've bought it on the early days. I think I understand people nowadays when they don't put bitcoin as their main choice because of it having a slow growth because of its high price now. But we'll see after the halving on how many times it will grow.
legendary
Activity: 2268
Merit: 1655
To the Moon
September 10, 2023, 11:12:01 AM
#65
Judging from the title he expects income with little risk. In my opinion, staking is still in the big risk category even though you will have the opportunity to get more tokens/coins from staking, but crypto prices are very difficult to predict. ..

The main thing that the OP should understand for himself when staking is that the higher the APY, the higher the risk of losing his money. And accordingly, the lower the APY is offered, the more stable the platform for staking. But in this case, the question arises: isn't it easier to place your available funds in a traditional bank.
sr. member
Activity: 1316
Merit: 356
September 09, 2023, 12:10:48 PM
#64
If you want passive income, I recommend staking your funds. I believe now is a fantastic moment to stake because cryptocurrency prices are too low. Staking is superior to investing since you can earn more tokens while keeping your assets. If you acquire Bitcoin or altcoins today, you can profit more when the price rises. In my perspective, we are already in a bull market. However, because we are in the retracement phase, it is not too late to buy; we only need to figure out what the potential swing point is before the price continues to rise.
In my opinion, staking is still in the big risk category even though you will have the opportunity to get more tokens/coins from staking, but crypto prices are very difficult to predict.
If you're going to stake your funds, you also have to make sure that the coin you choose are one of the top 20 in CMC. In this way, you can minimize the risk of staking. No one can predict crypto future's price but we can still analyze the market for the possible outcome. And I believe that this is the best time to stake because the prices were to cheap and we are currently in the retracement phase.

Buying Bitcoin now and saving it until the bullrun in the next few years will be better than Altcoin because you will never know what the fate of Altcoin will be in the future, everything can be unpredictable so if you hope to get the passive income you will end up losing all your money.
In terms of ROI, altcoins is the best. But in terms of better risk, I will go for Bitcoin. If you're really afraid of staking altcoins, you can do Ethereum. This is the most safest altcoin to stake, and next to Bitcoin.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
September 09, 2023, 03:21:21 AM
#63
If you want passive income, I recommend staking your funds. I believe now is a fantastic moment to stake because cryptocurrency prices are too low. Staking is superior to investing since you can earn more tokens while keeping your assets. If you acquire Bitcoin or altcoins today, you can profit more when the price rises. In my perspective, we are already in a bull market. However, because we are in the retracement phase, it is not too late to buy; we only need to figure out what the potential swing point is before the price continues to rise.
Judging from the title he expects income with little risk. In my opinion, staking is still in the big risk category even though you will have the opportunity to get more tokens/coins from staking, but crypto prices are very difficult to predict. A bull run is the best time to make a profit in the crypto market, but more crypto prices still cannot reach their final ATH so Ops will still have the opportunity to experience losses.
Buying Bitcoin now and saving it until the bullrun in the next few years will be better than Altcoin because you will never know what the fate of Altcoin will be in the future, everything can be unpredictable so if you hope to get the passive income you will end up losing all your money.
full member
Activity: 1246
Merit: 102
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 09, 2023, 01:40:38 AM
#62
If you want passive income, I recommend staking your funds. I believe now is a fantastic moment to stake because cryptocurrency prices are too low. Staking is superior to investing since you can earn more tokens while keeping your assets. If you acquire Bitcoin or altcoins today, you can profit more when the price rises. In my perspective, we are already in a bull market. However, because we are in the retracement phase, it is not too late to buy; we only need to figure out what the potential swing point is before the price continues to rise.
Staking cryptocurrency is not really profitable actually when staking with altcoin have bigger risk with lower price later than how much profitable earning, I don't know which one efficiency way with low risk for passive income in cryptocurrency. Although staking stable coins most most recommended but waiting for one year under 10% profitable earning.

I am looking for passive income but have higher reward than staking stable coins due trading or investing not promising consistency earn profit every time, right now less coins give excited staking reward actually with new coins first time listing in the market. Ability as soon possible take moment with staking in coins have bigger staking reward and take profit before their hype moment over and still on stable price without have loss much.
It's true, beginner coins will be very profitable if they increase in number, and then the price explodes, but we also have to know the risks. But it doesn't matter if the coin price is cheaper at the start and we can use our pocket money to buy it, while waiting for our luck, especially during a bearish season like now. actually staking will be very profitable during a season like this, considering that during bullish times we will have more coins to exchange
hero member
Activity: 1218
Merit: 608
September 08, 2023, 10:55:12 PM
#61
If you want passive income, I recommend staking your funds. I believe now is a fantastic moment to stake because cryptocurrency prices are too low. Staking is superior to investing since you can earn more tokens while keeping your assets. If you acquire Bitcoin or altcoins today, you can profit more when the price rises. In my perspective, we are already in a bull market. However, because we are in the retracement phase, it is not too late to buy; we only need to figure out what the potential swing point is before the price continues to rise.
Staking cryptocurrency is not really profitable actually when staking with altcoin have bigger risk with lower price later than how much profitable earning, I don't know which one efficiency way with low risk for passive income in cryptocurrency. Although staking stable coins most most recommended but waiting for one year under 10% profitable earning.

I am looking for passive income but have higher reward than staking stable coins due trading or investing not promising consistency earn profit every time, right now less coins give excited staking reward actually with new coins first time listing in the market. Ability as soon possible take moment with staking in coins have bigger staking reward and take profit before their hype moment over and still on stable price without have loss much.
legendary
Activity: 2086
Merit: 1058
September 08, 2023, 10:49:55 PM
#60
If you want to receive a low-risk income you can buy treasury bills or government bonds from reliable countries, which will give you an interest, which we can consider passive income, but which does not actually beat inflation, so you are actually losing money.

If you want to beat inflation, the investment is going to have more risk, and the higher the potential return, the higher the risk.

You have been given some advice in the thread. What I would recommend is to buy bitcoin now and start selling partially when the price breaks the ATH of $69K and when it breaks $100K or close to it. You can make a 3 or 4X in a short time, which is not exactly passive income, which is usually understood as receiving a periodic income, monthly for example, but it is quite passive and a fairly safe bet.

Although I recommend that you never sell all your bitcoin.
Isn't that the worst Cheesy. I get that the lowest risk things are those, but we all know that they are so terrible that it could even sink a bank. Banks who bought those with the money they had in their vault, ended up spending a lot more to people who invested with them, and that resulted with the gap being a loss and banks are not managed properly, they are stretched too thin, has always been like that which means that they keep making a loss for just a few quarters and they end up bankrupting.

This is why people should definitely not do it, that will be lower than that inflation rate and you are not making an income, your money goes up, but your value goes down and you are actually making a loss if you look at it that way.
sr. member
Activity: 1316
Merit: 356
September 08, 2023, 06:28:50 PM
#59
If you want passive income, I recommend staking your funds. I believe now is a fantastic moment to stake because cryptocurrency prices are too low. Staking is superior to investing since you can earn more tokens while keeping your assets. If you acquire Bitcoin or altcoins today, you can profit more when the price rises. In my perspective, we are already in a bull market. However, because we are in the retracement phase, it is not too late to buy; we only need to figure out what the potential swing point is before the price continues to rise.

Staking your funds is actually a great idea to make a passive income without any hard work. You don’t have to do any specific work, just lock the funds for a certain period of time. Moreover due to the bear market, you won’t have any plans to sell the coins. So it’s better to stake it for a certain period of time and enjoy interest from it. Moreover there is always a chance to do freelancing stuff to earn extra money.
That is correct. There are numerous ways to make money passively. It's also a good idea to look for additional jobs that will allow you to earn money while you waiting from your passive income, such as virtual assistant or data entry. You may also take on physical work if you have a lot of spare time because you don't have to spend time staking your funds. So, while waiting for the bull market's momentum to develop, make the most best use of your time to maximize your revenue.
sr. member
Activity: 812
Merit: 436
September 08, 2023, 04:15:55 PM
#58
Well i don't know how possible it is to generate a passive income and that's if one even exist with trading, also, talking about risk, we just have to take and embrace the risk you're seeing, trading is not what we can just do without passing through any form of risk while doing it, though what we individually do while trading are different and so i expect the results we should all be having to be different as well, trading can generate income but i don't think there's this assurance of having a passive income with trading as some may thought.
hero member
Activity: 2170
Merit: 575
September 08, 2023, 03:29:28 PM
#57
Bitcoin is not a place for passive income that's what I would agree with. We are talking about something that is a bit more different and difficult to handle and the results are not going to be the same. I think bitcoins volatility is the greatest gift to us and we should be keeping it going that way if we can, that definitely makes it worth. I know that its not going to be simple and not going to change much in the end but that's the best we could do when we could do it. Just trade it from the ups and downs, which should result you with some income if you are good at trading, rest of the stuff you want to have is not that simple and usually leads you to get scammed.
hero member
Activity: 1652
Merit: 569
Catalog Websites
September 08, 2023, 03:16:43 PM
#56
After going through your post I could suggest of participating in bounties though most of them will be abandon you but still there is a thin chances that you may end up in a genuine bounty which could provide you a passive income. I would also suggest to provide your expertise as a service I have done that in the past I was moderator for multiple telegram groups with whom I connected through this very same forum. 
copper member
Activity: 2394
Merit: 539
DGbet.fun - Crypto Sportsbook
September 08, 2023, 12:13:03 PM
#55
If you want passive income, I recommend staking your funds. I believe now is a fantastic moment to stake because cryptocurrency prices are too low. Staking is superior to investing since you can earn more tokens while keeping your assets. If you acquire Bitcoin or altcoins today, you can profit more when the price rises. In my perspective, we are already in a bull market. However, because we are in the retracement phase, it is not too late to buy; we only need to figure out what the potential swing point is before the price continues to rise.

Staking your funds is actually a great idea to make a passive income without any hard work. You don’t have to do any specific work, just lock the funds for a certain period of time. Moreover due to the bear market, you won’t have any plans to sell the coins. So it’s better to stake it for a certain period of time and enjoy interest from it. Moreover there is always a chance to do freelancing stuff to earn extra money.
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
September 08, 2023, 11:52:41 AM
#54
Like we all know, bank interest is the only thing that could end up being low risk in this regard. Bitcoin in itself is a passive income, you wait long enough and you make a profit. I think it should be important to realize that even though bitcoin prices goes up and down, the long term would be going up and that should be the most important part.

I think it should be remembered that we are talking about a profit that should be possible long enough, that should be the important case. If you could do that then you are fine and it shouldn't really change much in the end. Going higher at bitcoin price is sort of like passive income, you do nothing about it and you get more money in return of the bitcoin you bought.
Pages:
Jump to: