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Topic: Top 5 Ways to Earn Crypto While You Sleep - page 6. (Read 1106 times)

legendary
Activity: 2310
Merit: 1033
Not your Keys, Not your Bitcoins
November 26, 2019, 12:29:11 PM
#20
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.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
November 26, 2019, 12:13:57 PM
#19
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.
sr. member
Activity: 1274
Merit: 267
November 26, 2019, 11:13:02 AM
#18
It seems like staking have the lowest risk and probably is the only legit one, the four others could be shitty very much and could give you loss instead of profit.

2. Offerings on Vertex

On the other side, you are promoting your own platform, aren't you?
hero member
Activity: 1288
Merit: 564
Bitcoin makes the world go 🔃
November 26, 2019, 10:53:58 AM
#17
Everything that you have said are good except that I don't prefer having lending in cryptocurrency, I know that lending is profitable but it is too risky especially if you want to lend in anonymous people. So, I wouldn't recommend that especially to those who are new in crypto or here in the forum. Better to trade and stake with that you are handling your own fund.
Actually lending is good as long as we only lend to people we know. I'm not using lending based on OP suggestions but just in personal or people we know that uses crypto too, or here in forum that have higher accounts or colateral, yes it's risky but as long it's not that big amount and they have reputation to take care of then it's fine. Just don't overdo it.
hero member
Activity: 1736
Merit: 589
November 26, 2019, 10:56:27 AM
#17
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.
sr. member
Activity: 770
Merit: 253
November 26, 2019, 10:48:33 AM
#16
Everything that you have said are good except that I don't prefer having lending in cryptocurrency, I know that lending is profitable but it is too risky especially if you want to lend in anonymous people. So, I wouldn't recommend that especially to those who are new in crypto or here in the forum. Better to trade and stake with that you are handling your own fund.
hero member
Activity: 2912
Merit: 642
November 26, 2019, 10:43:19 AM
#15
I'd rather be in the staking process than with the other options.

I have been staking like 3 coins by now.
It might be slow but it takes away nothing from me.

The best part is that their value doesn't go low. (for now)
The chances though to make larger profits are higher when you have better amount than anyone.
Still, anyone could join as long as you have something to stake.

Better than risking with bots or lending which is a load of work. Getting more lazy these days.  Grin
sr. member
Activity: 938
Merit: 256
November 26, 2019, 09:55:45 AM
#14
lending? are you seriously? I don't think this is a safety measure. there have been too many great losses from Bitcoinnect and most of the other bad businesses. This is really not a good advice. Instead of having a lot of capital, we should do a mining or staking work. It's one of the most profitable ways out of the way you set.

Lending hype is over and most of the lending projects are scam and confirmed as a ponzi. So, i think nowadays no people are interested with lending except new people in crypto who don't know the history of lending programs like bitconnect and other ponzi scheme lending projects. Nowadays passive income from crypto is from staking , but with less profits. Most of them are just 15-20% per year which make sense compared to lending which can earn 1-2% each day.
sr. member
Activity: 1050
Merit: 251
November 26, 2019, 09:45:12 AM
#13
I'd love to do staking and use trading bots which I never experienced yet since from the start of being a trader. Right now I am staking my other crypto holdings, but I couldn't consider it as profitable due to market value.
If we seek for a good income, we must work hard for it and those were just recommendations, your decisions will still prevail as long as you're comfortable with it
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
November 26, 2019, 09:40:17 AM
#12
Don't think bot trading is good.Because bot is not human. Bot can't take decision.Though I didn’t tried bot trading but heard that stay away from bot trading. Because they faced horrible situation and lost money. So i don’t prefer bot trading.               
Using a bot can also lost all your funds so ita not recommended even profesional traders dont recommend this one. If you trust your trading skills you dont need to rely on a bot just trust your own prediction and you can still earn.
sr. member
Activity: 1064
Merit: 265
Vave.com - Crypto Casino
November 26, 2019, 09:28:26 AM
#11
Don't think bot trading is good.Because bot is not human. Bot can't take decision.Though I didn’t tried bot trading but heard that stay away from bot trading. Because they faced horrible situation and lost money. So i don’t prefer bot trading.               
sr. member
Activity: 2408
Merit: 357
November 26, 2019, 09:24:28 AM
#10
I would stay away from bot trading. The sad fact is that some newbies fall in words AI Trading Bot. In reality bot can't read news and analyze it, following only charts and etc isn't that beneficial, carries risks which I think can ruin your ability to sleep without being nervous.

Aye. A lot of people get raped by them going haywire. They seem like a ticking time bomb to me. Loads of stuff has context and requires analysis. You're basically leaving your wallet open and at the mercy of a dumb algorithm.
The bot still need the decision making of the trader because bot will only follow what you have input and of course bot can’t predict the market. Though you can still make money on bot trading while you are sleeping as much as you have studied your preferred trade but if you depend totally on bot then your money will soon gone.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
November 26, 2019, 08:19:24 AM
#9
lending? are you seriously? I don't think this is a safety measure. there have been too many great losses from Bitcoinnect and most of the other bad businesses. This is really not a good advice. Instead of having a lot of capital, we should do a mining or staking work. It's one of the most profitable ways out of the way you set.
possible to happen but he is only giving a way to earn passively without doing anything and lending is part of it. If you know the risk why not try it but dont invest all your money because you already know what will be possible to happen. For me staking is the best option just what coins you want to invest.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
November 26, 2019, 08:17:45 AM
#8
I would stay away from bot trading. The sad fact is that some newbies fall in words AI Trading Bot. In reality bot can't read news and analyze it, following only charts and etc isn't that beneficial, carries risks which I think can ruin your ability to sleep without being nervous.

Aye. A lot of people get raped by them going haywire. They seem like a ticking time bomb to me. Loads of stuff has context and requires analysis. You're basically leaving your wallet open and at the mercy of a dumb algorithm.
hero member
Activity: 2268
Merit: 870
November 26, 2019, 08:01:38 AM
#7
What are the landing websites that you can trust? I have heard https://nexo.io/ but idk how trustworthy they are. Haven't heard anything about CoinLoan and Nuo.
I would stay away from bot trading. The sad fact is that some newbies fall in words AI Trading Bot. In reality bot can't read news and analyze it, following only charts and etc isn't that beneficial, carries risks which I think can ruin your ability to sleep without being nervous.
Also another way I think is to deposit on freebitco and hold for as long as you wish, they deposit interests daily.
sr. member
Activity: 826
Merit: 252
November 26, 2019, 07:17:30 AM
#6
Today, earn money while you sleeping is very popular but knowing the risk will make us think twice before joint. Your post is good but when market is red your value will goes down too. Second thing is about fund we should invest/ stake/ lend is not cheap specially in mining, not all of us is rich person. Last one, the web can scam without notice, do you already back up plan or just you ignore it?
legendary
Activity: 2240
Merit: 4133
eXch.cx - Automatic crypto Swap Exchange.
November 26, 2019, 07:07:48 AM
#5
lending? are you seriously? I don't think this is a safety measure. there have been too many great losses from Bitcoinnect and most of the other bad businesses. This is really not a good advice. Instead of having a lot of capital, we should do a mining or staking work. It's one of the most profitable ways out of the way you set.

Bitconnect and her likes were just Ponzi, scams disguise as leading platforms. This isn't what the OP is referring to, read the OP again and you'll understand he isn't asking you to invest in any worthless project advertising themselves as lending coins. Instead, there are platform out there were you can lend out your bitcoin and selective altcoins to loan seekers and in cases of loan default, you get compensated from the site with the collateral deposited by the loan seeker before the transaction was initiated. Before you patronize any of this platform, do some research to make sure you aren't patronizing a scam or shady platform.

You can also successfully used the forum as a host platform to offer this lending service but be cautious of those you deal with and it's preferable to ask for redeemable collateral (minimum 120%) preferable well established cryptocurrency to unattract scammers hoping to leverage on a non collateral loan to scam.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
November 26, 2019, 07:02:46 AM
#4
But what he is saying is that you can transfer the risk to someone else which are the services he has provided. All you have to do is to put your funds there while they handle the rest.

In what universe does delegating the risk to another quasi anonymous third party on top of the quasi anonymous third party who's going to steal it from you lessen the risk? Look at the track record of these lending places. They're disgusting.

In recent times joints like Blockfi have turned up that at least lend to supposed traders rather than random internet crackheads but I still would never put a penny into them.
hero member
Activity: 1330
Merit: 569
November 26, 2019, 06:34:18 AM
#3
lending? are you seriously? I don't think this is a safety measure. there have been too many great losses from Bitcoinnect and most of the other bad businesses. This is really not a good advice. Instead of having a lot of capital, we should do a mining or staking work. It's one of the most profitable ways out of the way you set.

You didn't really get the aspect of lending he is coming from. Yes Lending is very risky because you are lending someone who you don't know his locality or anything else about him and you are expected to sleep while making money when the person can decide to deactivate or even hibernate while the collateral he put forward might be worthless. But what he is saying is that you can transfer the risk to someone else which are the services he has provided. All you have to do is to put your funds there while they handle the rest.

Another one OP didn't mention is some sites pays you daily interest for keeping your funds there. I know about Yobit but this also comes with its own risk because should the site crash, there is nothing that can be done.
member
Activity: 658
Merit: 10
November 26, 2019, 05:25:00 AM
#2
lending? are you seriously? I don't think this is a safety measure. there have been too many great losses from Bitcoinnect and most of the other bad businesses. This is really not a good advice. Instead of having a lot of capital, we should do a mining or staking work. It's one of the most profitable ways out of the way you set.
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