Topic: Top 5 Ways to Earn Crypto While You Sleep - page 3. (Read 1147 times)
I will give you 2 ways, stakings, and dividends from casinos. They are regular, you don't risk anything, you always have your coins in your wallet! I'm doing that for months and I'm satisfied, I would suggest others to search for good staking projects and casinos they pay dividends. I don't wish to advertise anyone here, who wishes to check good projects that offer good payback will do research.
I'm not really convinced that you can earn cryptocurrencies while sleeping. I don't trust trading bots and don't believe that all options are covered without human touch. You need to be present in the market and be able to react quickly on changing conditions in.the market. To my experience only active, assertive trading can give full results and only that way you can have control.
You can always use Defi lending where your cryto stays in your wallet, that is you always keep the private keys.
I share you concern about moving crypto to some lending platform. The only one I d probably trust with a small portion of my crypto is probably Crypto.com, ex Monaco. These guys rock!
I share you concern about moving crypto to some lending platform. The only one I d probably trust with a small portion of my crypto is probably Crypto.com, ex Monaco. These guys rock!
For those people saying that lending with cryptocurrency is risky, I think it depends on what kind of lending you're referring to. As far as I know, when you're lending money with cryptocurrency the borrower will have to submit their equivalent amount in cryptocurrency as a collateral so that if they don't pay the money that was lent to them, then you will have to hold their assets and not give it back till they pay back with interest. So tell me, how is that a risk business? You can check out platforms like Nexo.io and others that lend money with cryptocurrency and you will understand how it works.
As for bot trading, I have never used bot trading before so I can't really tell how it works and whether it is a good choice to make. I have tried getting info from people that claimed to be using bots for trading and they never tell me whether it is profitable or not, so I'm not interested in that.
Lastly, staking. Staking is good, because it is safe and you're not going to lose money. You just have to make sure that you're using the right platform. And some people might not like it because the interest is not much. If you want to make something reasonable then you will have to stake a huge amount.
It always up to the person on how he is going to manage the asset that he has. Lending might be too risky for other people but for some, it is the best way to have a source of income. Everybody has their own structure of how they are going to deal with things and everyone should always remember that it is best to study what you are getting into before you invest money into it because if you do invest without proper education, you are likely to have a 100% probability of losing money. As for bot trading, I have never used bot trading before so I can't really tell how it works and whether it is a good choice to make. I have tried getting info from people that claimed to be using bots for trading and they never tell me whether it is profitable or not, so I'm not interested in that.
Lastly, staking. Staking is good, because it is safe and you're not going to lose money. You just have to make sure that you're using the right platform. And some people might not like it because the interest is not much. If you want to make something reasonable then you will have to stake a huge amount.
For those people saying that lending with cryptocurrency is risky, I think it depends on what kind of lending you're referring to. As far as I know, when you're lending money with cryptocurrency the borrower will have to submit their equivalent amount in cryptocurrency as a collateral so that if they don't pay the money that was lent to them, then you will have to hold their assets and not give it back till they pay back with interest. So tell me, how is that a risk business? You can check out platforms like Nexo.io and others that lend money with cryptocurrency and you will understand how it works.
As for bot trading, I have never used bot trading before so I can't really tell how it works and whether it is a good choice to make. I have tried getting info from people that claimed to be using bots for trading and they never tell me whether it is profitable or not, so I'm not interested in that.
Lastly, staking. Staking is good, because it is safe and you're not going to lose money. You just have to make sure that you're using the right platform. And some people might not like it because the interest is not much. If you want to make something reasonable then you will have to stake a huge amount.
As for bot trading, I have never used bot trading before so I can't really tell how it works and whether it is a good choice to make. I have tried getting info from people that claimed to be using bots for trading and they never tell me whether it is profitable or not, so I'm not interested in that.
Lastly, staking. Staking is good, because it is safe and you're not going to lose money. You just have to make sure that you're using the right platform. And some people might not like it because the interest is not much. If you want to make something reasonable then you will have to stake a huge amount.
3. Open trades
Open trades refer to current trades that are still active in your account. Open trading means that you have an open position in investing in any established or entered trade that has not closed with an opposing trade yet. For example, if you own 100 shares in a stock, you have an open position on that stock. When you sell the shares, your position closes. You can either hold your position, short-term trade, or day-trade with your open trades. Naturally this all applies to cryptocurrencies.
I just need more clarification on this open trade.Open trades refer to current trades that are still active in your account. Open trading means that you have an open position in investing in any established or entered trade that has not closed with an opposing trade yet. For example, if you own 100 shares in a stock, you have an open position on that stock. When you sell the shares, your position closes. You can either hold your position, short-term trade, or day-trade with your open trades. Naturally this all applies to cryptocurrencies.
By this, you mean holding some shares of a company and when that company performing well I will earn in percentage which is decided by how many shares I am holding? Because, this is how usual stock market is doing and it has no differences in holding cryptos. It will increase in USD value in crypto's case but will not multiply your cryptos whereas with stocks it may get both increase in USD value and in number of stocks.
Please correct me if my understanding on this not what you exactly referring. I am sure this must be a complete new thing out of you 5 methods. Yes, lots of crypto freelancing sites are available but you are mentioning about vertex, let me check what is the differences with vertex.
My way of earning while sleeping is HODLING; not sure why OP is not considering about holding as it must be an easier way of making big money without efforts.
Holding is not going to earn you crypto but will earn you USD. if you have 10BTC today and you just hold, it will still be 10BTC 3 years after holding it. That's not a good option still. You need to get dirty by investing using the 10BTC you got to let it grow but doing it won't be easy that you can sleep. Those big guys up there don't actually sleep while they have thousands of it, they work harder, trade harder to the point of shilling the coins they try to monetize.
Let's say in 2021 the price of bitcoin is at $50,000 and the price of 1 waves is 20,000 satoshi or 0.0002 , as you have and HODLING 10,000 waves x 0.0002 = 2 bitcoin!
Congratulations! You just earned 1.2 bitcoin while you sleep for around 2 years oh and you have gained value in USD too , you are up $93,500 (2 bitcoin worth $50,000 = $100,000 - $6,500 = $93,500 just by HODLING altcoin!
It seems easy, but as you can see, it is not easy to hold Altcoin right now, most of Altcoin has experienced a large decrease. sometimes when bitcoin rises very high altcoin prices will fall even more, but of course there will be alt season time, but will it increase above 100%?
Remember how ripple climbs up to the top 2 cryptocurrency in term of market capitalization? The coin gained 36,000%! Putting them ahead of bitcoin in 2017 as the highest gainer and best cryptocurrency performance that moment, can we do it again?
I won't encourage anyone to do this , just make your own research and draw a conclusion immediately before it's too late!
HODLING could be considered as a passive income for me , based on my own 'earnings' definition. HODLING alts!
Goodluck.
Its not bad to consider alts from time to time when we do talk about the intensity of possible returns on a short span of time but we cant already be so sure that it would happen on next years to come.
Its still a matter of choice though if we can dare to risk and put our hopes to it.
The only thing i do have in mind when it comes to passive or leverage income is on having a real estate or buildings to be leased on.This might be ot but its a valid option.
Perhaps of all the methods of earning cryptocurrency that you have listed, I like stacking the most, because I am a cryptocurrency trader and I understand roughly what income trading and its opposite side holding can bring. On this subject, there are many different studies that converge in about one thing. If we compare the income from trading and holding, then the income from the holding always wins, even if not by much, but wins.
This means that it makes no sense to spend time and resources on trading if you are not going to become the best of the best, but it makes sense to buy a cryptocurrency that you like and wait. But for the expectation to bring you additional income, it is necessary that this cryptocurrency has a stacking function.
Benefits from trading depend on the skills of individual. If he does not hold much of them, then obviously no exceptional amount can be gained by this profession. In my opinion, magnitude of success is related to the time and efforts a person puts with his soul too. Besides, a trader does not need to depend on pump seasons. He can make money in all sorts of time. Holding can also not give a deep insight of coin. This means that it makes no sense to spend time and resources on trading if you are not going to become the best of the best, but it makes sense to buy a cryptocurrency that you like and wait. But for the expectation to bring you additional income, it is necessary that this cryptocurrency has a stacking function.
It seems easy, but as you can see, it is not easy to hold Altcoin right now, most of Altcoin has experienced a large decrease. sometimes when bitcoin rises very high altcoin prices will fall even more, but of course there will be alt season time, but will it increase above 100%?
Altcoin often increase more than just hundreds percent, it's thousands percent!Remember how ripple climbs up to the top 2 cryptocurrency in term of market capitalization? The coin gained 36,000%! Putting them ahead of bitcoin in 2017 as the highest gainer and best cryptocurrency performance that moment, can we do it again?
I won't encourage anyone to do this , just make your own research and draw a conclusion immediately before it's too late!
HODLING could be considered as a passive income for me , based on my own 'earnings' definition. HODLING alts!
Goodluck.
Perhaps of all the methods of earning cryptocurrency that you have listed, I like stacking the most, because I am a cryptocurrency trader and I understand roughly what income trading and its opposite side holding can bring. On this subject, there are many different studies that converge in about one thing. If we compare the income from trading and holding, then the income from the holding always wins, even if not by much, but wins.
This means that it makes no sense to spend time and resources on trading if you are not going to become the best of the best, but it makes sense to buy a cryptocurrency that you like and wait. But for the expectation to bring you additional income, it is necessary that this cryptocurrency has a stacking function.
This means that it makes no sense to spend time and resources on trading if you are not going to become the best of the best, but it makes sense to buy a cryptocurrency that you like and wait. But for the expectation to bring you additional income, it is necessary that this cryptocurrency has a stacking function.
It seems easy, but as you can see, it is not easy to hold Altcoin right now, most of Altcoin has experienced a large decrease. sometimes when bitcoin rises very high altcoin prices will fall even more, but of course there will be alt season time, but will it increase above 100%?
Altcoin often increase more than just hundreds percent, it's thousands percent!Remember how ripple climbs up to the top 2 cryptocurrency in term of market capitalization? The coin gained 36,000%! Putting them ahead of bitcoin in 2017 as the highest gainer and best cryptocurrency performance that moment, can we do it again?
I won't encourage anyone to do this , just make your own research and draw a conclusion immediately before it's too late!
HODLING could be considered as a passive income for me , based on my own 'earnings' definition. HODLING alts!
Goodluck.
It seems easy, but as you can see, it is not easy to hold Altcoin right now, most of Altcoin has experienced a large decrease. sometimes when bitcoin rises very high altcoin prices will fall even more, but of course there will be alt season time, but will it increase above 100%?
Altcoin often increase more than just hundreds percent, it's thousands percent!Remember how ripple climbs up to the top 2 cryptocurrency in term of market capitalization? The coin gained 36,000%! Putting them ahead of bitcoin in 2017 as the highest gainer and best cryptocurrency performance that moment, can we do it again?
I won't encourage anyone to do this , just make your own research and draw a conclusion immediately before it's too late!
HODLING could be considered as a passive income for me , based on my own 'earnings' definition. HODLING alts!
Goodluck.
I dont feel there is any legit way of getting this. If you are investing then it is a risky thing to do. Never forget that you may lose part or complete investment. The best thing to do if you cant invest your own money is earn and get paid through crypto and hodl them for long.
It seems easy, but as you can see, it is not easy to hold Altcoin right now, most of Altcoin has experienced a large decrease. sometimes when bitcoin rises very high altcoin prices will fall even more, but of course there will be alt season time, but will it increase above 100%?
Altcoin often increase more than just hundreds percent, it's thousands percent!Remember how ripple climbs up to the top 2 cryptocurrency in term of market capitalization? The coin gained 36,000%! Putting them ahead of bitcoin in 2017 as the highest gainer and best cryptocurrency performance that moment, can we do it again?
I won't encourage anyone to do this , just make your own research and draw a conclusion immediately before it's too late!
HODLING could be considered as a passive income for me , based on my own 'earnings' definition. HODLING alts!
Goodluck.
Number one and five is something I did from a few months ago, and the reward is not bad. I don't feel familiar with the other option although I already tried to using bot trading but that not give me a nice profit. Maybe I need to learn more about how to set the bot so the bot can run as I want. Number two and three are something new for me, and I will search more about that, so if I can find that those two things can help me to make more money, I will try it later.
I would say that Bot trading is definitely worth looking into! A lot of people have found success through them, although obviously they come with their own risks.
lending I think is not convincing, a lot of people experience losses from lending. Trading bots may provide a bit of hope even though sometimes if a trading bot experiences an error it certainly has a big effect on profits
Yeah, there's an element of risk with pretty much all of these options. However, you can earn a decent passive income through all of them. You just have to play it right.
well , i just agree about staking and bot trading, although bot trading somehow it's quite difficult to say give a constant profit,
and just forget about lending profit , i never do that anymore, even they claim came from biggest institute , i still worrying about where my money go.
btw , what the heck is vertex ?
and just forget about lending profit , i never do that anymore, even they claim came from biggest institute , i still worrying about where my money go.
btw , what the heck is vertex ?
Thanks for your input - I do understand where you're coming from although I'd say that lending definitely can lead to profit. Oh, and Vertex is a P2P marketplace - I use it quite often.
We must not forget that even lending has its own risks like people or the company defaulting on your loan. Nexo does have a $100 million insurance for example, but how do you know that will cover your loan? - You can't. The question is if you are willing to accept the risk for that low yearly return per annum. Also bot trading is very risky that's why there are only a few bots that really "work" and they are either not for sell or they cost fortunes.
I would say that there's an element of risk in pretty much everything in the crypto space. That doesn't make a passive income earning method ineffective or bad though.
How about mining? It is also a way to earn crypto while you are sleep.
Lending is very risky because it is only a small amount of interest you will be earned and sometimes there are some borrowers did not pay.
I prefer bot trading because it is a great help and it makes you easier in trading. Simply set when the buying point and the selling point and then leave for a while. But it will need to purchase first and spend a little amount of your money.
Lending is very risky because it is only a small amount of interest you will be earned and sometimes there are some borrowers did not pay.
I prefer bot trading because it is a great help and it makes you easier in trading. Simply set when the buying point and the selling point and then leave for a while. But it will need to purchase first and spend a little amount of your money.
Mining is a good option, although it can be super expensive and having to compete with established miners isn't exactly easy. Bot trading can be a really good option, agreed!
I suppose you could say lending is one of the top ways to earn, but it isn't the best, nor the most efficient, nor the safest way to earn crypto. It is way too risky after all. Trading,Open trading and Bot trading doesn't differ that much, they're still both tradings after all. The staking is an interesting way to earn, but again, security and safety of the coin isn't guaranteed since you don't hold your coins and it is pretty much locked to their wallet.
Yeah, you definitely have a point. Although there are loads of different ways to earn passive income and not all of them are effective. This list is subjective. I'd be interested to hear what you consider to be good ways to earn passive income?
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