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Topic: Seeking Passive income offer with low risk - page 3. (Read 458 times)

hero member
Activity: 2856
Merit: 655
September 07, 2023, 04:37:11 PM
#34
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.

I don't think this is the best advice for passive income. In order to stake, you need a centralized platform. And in that process, you are going to give access to your assets to those platforms. Which is not a good thing. We see many platforms like this collapsing. If that happens what will happen to his funds? This is way too risky. Now let's talk about locked staking. You will have to give access to your assets and also you can not move or do anything if things go south. Also in times when there's a huge market movement, you are unable to sell because it's locked. Maybe the profit you could make from selling and buying again will compare to nothing that you get from staking. In my opinion, staking is risky and not worth it.

There are other investments that we can do in the real world which could give us passive income. Crypto is not the only solution. Try to go out and ask people about it. Learn from them and apply it. Successful people will be able to give you the best advice. Don't look for huge profit in the short term, look for slow but steady income. In the long run, it will make a huge difference.
Always remember that if you dont possess the keys then its not your assets or coins anymore and with staking which we know that passing it out for those who do validate and offering those nasty APY's but the risk

on losing those coins is really that still there.Lets say that you have been able to hit up those APy earning for long time but the value of the said coin plummets? Then you had just wasted up your long time patience or waiting for nothing. This is why staking is never been that considered to ba good and less risky kind of passive income. Yes you could really be able to earn some coins/tokens out of your staked balance but we always do know that this market is really that unpredictable and there's no way that you could really be able to know on where those value would really be shooting up.

This is why on the time that you do find yourself on having non so long kind of patience and would be preferably on sticking into those slow pace but sure profits kind of set up then this crypto
market wont really be for you. You would really be needing to wait if needed because price cant really make out some significant movement in shortest time as possible.
There's no such thing about less risk but consistent money making or profit. It cant really be just that possible.
sr. member
Activity: 1008
Merit: 366
September 07, 2023, 03:02:58 PM
#33
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.

I don't think this is the best advice for passive income. In order to stake, you need a centralized platform. And in that process, you are going to give access to your assets to those platforms. Which is not a good thing. We see many platforms like this collapsing. If that happens what will happen to his funds? This is way too risky. Now let's talk about locked staking. You will have to give access to your assets and also you can not move or do anything if things go south. Also in times when there's a huge market movement, you are unable to sell because it's locked. Maybe the profit you could make from selling and buying again will compare to nothing that you get from staking. In my opinion, staking is risky and not worth it.

There are other investments that we can do in the real world which could give us passive income. Crypto is not the only solution. Try to go out and ask people about it. Learn from them and apply it. Successful people will be able to give you the best advice. Don't look for huge profit in the short term, look for slow but steady income. In the long run, it will make a huge difference.
hero member
Activity: 532
Merit: 508
Leading Crypto Sports Betting & Casino Platform
September 07, 2023, 02:35:04 PM
#32
You know there are ways to get Bitcoin, either through gifts, working to be paid in Bitcoin, or investing your own money into Bitcoin. The Bitcoin bear market may be slow, but this is not the first Bitcoin bear market. You can go back and check the history of Bitcoin to see how long the previous bear market lasted. Either you look for a job that will pay you in Bitcoin, then you can keep holding the Bitcoin until the bull market finally comes, or you can also keep accumulating Bitcoin on a DCA strategy until the bull market. Trading Bitcoin is not profitable for every traders; sometimes before you can begin to make successful trades, you have lost a lot of money, so if you are not always profitable in trading, then you should only buy and hold.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
September 07, 2023, 11:10:59 AM
#31
The best you can do is hold your Bitcoin in a wallet, keep it in the wallet and do other things like work IRL. That will eliminate your impatience in waiting for this bearish period to end so that your coins remain in your wallet until the bull run arrives.

And by doing other things IRL, you can earn money to survive and buy more Bitcoin with your salary. Of course, after you calculate how much you have spent and how much money you still have left. You don't need to look for staking, investing in new projects, or participating in fraudulent programs that end in scams.

But if you want to trade, you need to learn more about trading, how to analyze market movements, when you enter and exit the market and more. You have a lot to learn and with your impatience, I'm not sure you'll be able to learn. Sorry @OP, no intention of saying that.
newbie
Activity: 20
Merit: 0
September 07, 2023, 08:35:28 AM
#30
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.
try https://structure.finance/dnt-landing/ . You won't regret
jr. member
Activity: 87
Merit: 7
September 07, 2023, 08:00:41 AM
#29
I would check

If you hold Bitcoin BTC and want yield -> NEXO

If you hold Ethereum ETH and want yield -> Lido Finance or Kraken

Remember that all of the above examples introduce counterparty risk.

For example, before you deposit to Nexo you should be aware of Celsius, BlockFi, and other similar companies that failed.

It's up to each other if they believe the interest rate or staking reward is worth the risk taken.

If you are about to deposit into 3rd party companies, make sure you don't deposit 100% of your funds into 1 single company at least.
hero member
Activity: 910
Merit: 875
Not Your Keys, Not Your Bitcoin
September 07, 2023, 07:54:58 AM
#28
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...

Let's start from you my dear friend, reading everything you wrote, I think the problem is from you because you are not patience, you lack one and that's why you did blow up your trading account. Bear market is one of the most completlcated time to make trades because if you are not expert, you will be making losses instead of profits and as you stated. You have read several books but do you know that trading in reality is different from reading, most often than not, what you fread may not be what you will experience when trading. You ought to have practice many times with paper trading to save yourself from this disappointments.

Quote
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.

There is nothing like passive income in crypto if we want to be honest with ourselves, nothing like that except for those Defi that promised some APY and APR annually but deep down, they are all scam, they don't have anything to reward you and the ones that may gives wouldn't be more than 5% yearly.
What I will advise you is this, buy bitcoin and hold, not a financial advise buy that's the best decision you can do to enjoy the crypto market.
legendary
Activity: 1680
Merit: 1179
September 07, 2023, 07:37:58 AM
#27
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.

Preferably, my capital would be protected, and the potential for growth would work well for me.
Nothing, if you want your capital would be protected, the answer is time deposit since FDIC will give you assurance in case if the bank collapse, but there's no potential growth since fiat value will keep declining.
sr. member
Activity: 2800
Merit: 344
when lambo...
September 07, 2023, 06:45:37 AM
#26
With your attitude and market approach, I see trading wasn't the right place for you OP. Indeed, trading needs patience as to those who haven't such an attitude, I was certainly about to fail. Your decision about leaving trading is a good option as we don't need to push ourselves into something that we know we can't do nor we are capable of doing it.

If you are looking for low-risk but can be a passive income, consider investing and holding Bitcoin. But I'm not sure if it will work in you knowing that you are impatient.
hero member
Activity: 2814
Merit: 576
September 07, 2023, 05:42:33 AM
#25
Staking would be the common solution. I personally don't have any idea to recommend on how to earn passive income in cryptocurrency right now aside from staking. It's a long bear market and maybe this is the time for you to invest on your chosen token as we are nearing the bull market. The long term plans might have a much worth that small gains you can get today.

Providing service would be the safest choice to generate income but yes, it's not a passive income.
I have to agree with this. Staking is what I see that will still help you earn crypto rewards and maximize your incentives especially that we are still in a bearish market, and would be a good preparation for the upcoming bullish season. However, there are also know consequences about staking. But one can simply adjust to it especially that we are looking here for long term rewards and incentives.
legendary
Activity: 2422
Merit: 1036
Chancellor on brink of second bailout for banks
September 07, 2023, 03:33:42 AM
#24
~
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 would like to suggest lending, but over the years, the popularity of those platforms who are offering an X amount of annual interest in exchange of lending your money has declined massively already.

Staking is what I'm doing right now, and for sure many here are also doing. I will not define what staking is as there's many videos on Youtube that explain what staking is. Since most of my coins can be staked (aside from Bitcoin), I'm just putting into staking platforms, and I just let it stay there, and in exchange, I'm earning coins on a monthly basis. Well, it wasn't as high, but earning tokens by doing nothing is better than just letting your coins not multiply.

Staking Ethereum would I think the lowest risk that you can do. The APY isn't as high because the risk is low, but you can assure that the amount of Ethereum that you will have will be more after a year. The only thing that you can't prevent is impermanent loss especially if the price of it goes down like what happened last year.
full member
Activity: 2044
Merit: 165
September 07, 2023, 12:38:28 AM
#23
For you to embrace this passive income in this season, you have to change your mind set by carry out your personal research to know the most important coins to buy in this bearish season and hold for the market price to increase before you can trade. Do everything possible within your capacity to invest in Bitcoin since the price is still low in the market and it will enable you to achieve what you have not achieve in the crypto investment, because many traders has earned a lot of passive incomes from Bitcoin. Now that the green light is trying to remain stable in the crypto market for those that have been holding for long to believe that bullish season is very close to them than to exercise patience so that they will not miss it.
legendary
Activity: 3738
Merit: 1708
CoinPoker.com
September 07, 2023, 12:21:06 AM
#22
Normally you don’t get decent yield on staking bitcoin. In the past you got decent yield for staking stablecoins. I think maybe like 10-15% depending on how strong the bull market is.

You lend your stablecoins as margin to other traders and they pay you a large yield. Right now market is dead and you can’t make any money this way.

I would just leave it in cold storage and not risk it by lending it.
legendary
Activity: 2100
Merit: 1321
CoinPoker.com
September 07, 2023, 12:10:49 AM
#21
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.
Well the less risk for defi is like using stablecoin to farm APY. You could always searched for a defi platform with highest farming rate and let your stable earned some fees from it. Also theres a chance to earn some free airdrop on top of that if you are using a relatively new platform without any tokens being used yet.
hero member
Activity: 1764
Merit: 694
[Nope]No hype delivers more than hope
September 06, 2023, 10:05:17 PM
#20
-snip-
but I've always hit a roadblock due to several reasons like low APYs, dicey processes, and high risk, etc.
Business instruments that sound more reasonable with fair profits for both parties offer high APY and high risk,  and vice versa. There are no offers that are really what you want, if there are they usually don't last long.

You should change your way of thinking to be more rational before you fall into dangerous investment schemes that you are not aware of.
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
September 06, 2023, 07:38:57 PM
#19
Trading is not for the passive income first of all, as far you are investing a decent amount of capital in the market, this means that trading can be taken as a complete side Business setup in which if a trader educates himself and performs well, He doesn't need to be dependent on the other skills for his livings. If you really don't have time and trying to figure out the bter financial investment opportunities, rather than trading on a timeframe you should prefer BITCOIN accumulation for the long term, or Buy Hold. In this way be a side investment you can generate decent gains on every Bull market still risk involved but it can be taken care of.
hero member
Activity: 2660
Merit: 509
Leading Crypto Sports Betting & Casino Platform
September 06, 2023, 07:05:54 PM
#18
so far the thing that i've seen having low risk and yet massive return is following the IEO of certain project supported by venture capitals in which in getting whitelisted take a lot of efforts like you need to do some task here and there but the point is that, you're not risking your money to get the chance, but once you get the chance to invest which is limited, maybe for the purpose of keeping the demand there even after IEO finished then you can almost be sure that you will always have some increase in your investment, the project like these are sui and many more, though sometimes some of the project outright just airdropping like arbitrum but sometimes they also open ways for people to get the coins through investment.
so far i've see that as the most beneficial and advantageous investment nowadays unlike others, the pain point only lies in the getting whitelisted and thats it.
newbie
Activity: 83
Merit: 0
September 06, 2023, 06:58:37 PM
#17
Passive income with bitcoin is tough, there are few places like binance and freebitco.in that end up doing something like that, but its usually not that big of a deal, and not a big return. I would say just DCA and accumulating is the only way to move forward right now. You shouldn't try to make profit during the bear market, you should minimize the loss during the bear market and if it works then it works, if it doesn't work then it doesn't work. But trying to make a profit during the bear run will lead you to riskier and riskier stuff that would not be smart, just staking for %1-2 return could be the only thing you could do at this moment, nothing else for passive income.

I hope the OP is thinking thru about this as some suggestions are quite risky.
Passive income is indeed hard to accomplish in this market, you will be more on the side of losing.
Staking is good if you found a progressive alt, but if its value is going down, you won't get profit from it.
I will prefer more on holding btc if you are financially capable. And just wait for the time when bullish season comes again.
Investing in lending platforms for me is quite risky also. As you won't know their lifespan, they can even abandon their site without a warning.

Despite the fact that the crypto industry is synonymous to risk, I quite agree with you and will recommend the OP explore some exchange earning product which are similar to staking. I was shuttling between OKX and Bitget at some point subscribing in their Shark Fin product which has been eventful but tbh one must have sizeable amount of assets to earn something reasonable. I also learnt another similar earning product (Snowball) was recently launched on Bitget.
It could be worth exploring cos imho HODLing alone can be boring but could be interesting when you can utilize some of these product to compound your holding.
hero member
Activity: 1022
Merit: 667
September 06, 2023, 06:08:33 PM
#16
If you have your mind set of driving passive income from any venture,  then you should be ready to face any risk that comes along with that,  this is because most of the passive income models are of high risk,  while some people will suggests staking as means of making passive income,  I will like to point out a number of risk associated with staking which are numerous in number and for the fact that you are going to lose the custody pf your asset to a third party is some thing that beat all other advantages that comes along with staking and for such fo happen we have to look in the direction of sending the tokens into the staking platform and there after making some activities to be be qualified for the rewards at the end of the day,  this formula with stakiing have lead many people to loses in the past and that is why we have to look away from such.

The thing is that,  the world passive could mean a lot of things and this could possibly push is into some wrong directions,  for the fact that seeking passive income itself breeds a lot of risk,  it is far better to just buy bitcoin and hold just by taking the old long road to achieving financial stabilities.
sr. member
Activity: 1428
Merit: 344
September 06, 2023, 05:55:47 PM
#15
There's one thing that's obvious about you , OP, and that is the fact that you are simply new here. Unless you have been here for long and only just became more active.
The bear run has been on for sometime now, but we have also witnessed a few short spell bull runs in between. I don't presume you are a full time trader, else you would have noticed the few bull runs and traded to your advantage within this period. Hence the importance of joining a group where crypto signals and news is shared regularly so as to keep abreast with the market speculation and trend.

This Bitcointalk offers a source of passive income, as much as Quora, YouTube , and any other social media could offer to any of its consistent and persistent users. The more one ranks up here, is the more they develope their writing skills and at some point , writing for a signature campaign could earn you more than what a salary could afford in a month.
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