What are your top coin to invest in for passive income? - page 4.

Iminingpro

copper member

Activity: 145

Merit: 1

Quote from: zayika570 on October 30, 2021, 08:48:22 AM

Quote from: Bertyda on October 19, 2021, 09:35:09 AM

It is very important to find a prospective coin on the early stages of its development. But to do this development it is necessary to check. For example something like this - https://pacificdefi.medium.com/pacific-defi-weekly-report-oct-11th-18th-d41f66363dfb

To evaluate the prospects of the project it is necessary to have experience. But investors that carefully choose the projects they get experience from their work.

It take a time to get experience. That is why it is important in the beggining of investment do not spend big money not to lose money and carefully check everything.

thesosorr

full member

Activity: 691

Merit: 100

Quote from: joaoenmanuel on October 18, 2021, 07:46:35 AM

With there being thousands of coins all earning diferentes APY percentajes ir can be hard to choose which coin invest in to get passive income.

Share your experiencies

To get it, try to choose a coin or token that is in a state of hype and choose it for the short term. I think if you do that, then I'm sure you will get the income you want. You can try on SHIB, AXIE tokens.

the ghabbar

member

Activity: 588

Merit: 11

Futiracoin.com

Quote from: zayika570 on October 30, 2021, 08:48:22 AM

To evaluate the prospects of the project it is necessary to have experience. But investors that carefully choose the projects they get experience from their work.

It is experience that teaches us to be able to think and evaluate every failure in the past, when all this has been passed, then we will be more mature in choosing. Investors are not just careful, they even risk a lot of things from what they do, so that every decision taken is based on careful consideration, otherwise they will also experience the same thing as us.

Rufsilf

sr. member

Activity: 1722

Merit: 309

Quote from: ?? on ??

Passive income is everyone's dream, currently I work in an office 5 days a week and it takes more than 10 hours in total to get a salary of around $600 per month, this is a small value and I find it difficult to save, the presence of crypto is my hope to be able to increase income and every month I force myself to invest around $50 and I usually buy cheap coins because they have the potential to earn big profits.

Same here, I also work from 8am-5pm but we all know that it isn't enough to save for future or emergency funds because the bills and needs are also catching up. Good thing cryptocurrencies is there to help as have a passive income.

I really prioritize bitcoin as my main passive income, even if I don't have much in my portfolio but I still have trust in it knowing that bitcoin has grown so much for the past 10 years since it was introduced by Satoshi Nakamoto. I personally try to invest weekly while also holding it until I am comfortable to diversify it to other altcoins. For now, I'm currently investing into BTC and ETH because as I said, I'm still working on daily basis and doesn't have plenty of time to work full-time in this forum and other means to make profit in crypto.

zayika570

newbie

Activity: 156

Merit: 0

Quote from: JackieAinsley on October 29, 2021, 05:32:51 PM

Quote from: Bertyda on October 19, 2021, 09:35:09 AM

It is very important to find a prospective coin on the early stages of its development. But to do this development it is necessary to check. For example something like this - https://pacificdefi.medium.com/pacific-defi-weekly-report-oct-11th-18th-d41f66363dfb

Now the cryptocurrency market raise, it means that the price of many tokens will raise too.
But it is important to evaluate the prospects of the project to be sure that the price of the tokens will continue to raise in the future.

To evaluate the prospects of the project it is necessary to have experience. But investors that carefully choose the projects they get experience from their work.

Sir Legend

sr. member

Activity: 1792

Merit: 255

Quote from: fileo on October 28, 2021, 02:51:33 AM

Normally I chose the project with great interest and success. For example if the project is listed in exchanges and they have strong team. I buy their token and put it on staking. Passive income is another way to earn income specially at this pandemic where we really need money to provide our daily needs. For example Banana and pancakeswap tokens I bought a little and stake them.

To succeed and get passive income of course we have to dare to take risks, unfortunately to know whether the project we are following is good or not is very difficult, scam projects do the same thing as real projects, the easiest way is we spread our money to buy lots of cheap coins and hold for at least a year.

choetech

newbie

Activity: 214

Merit: 0

Right now, YLDY (Yieldly). I'm getting a nice 30% APY for staking it on the token's native platform. I'm also bullish on yieldly long-term, so I see it as an investment, not just a good source of APY.

2double0

legendary

Activity: 2618

Merit: 1105

Quote from: FanEagle on October 29, 2021, 05:42:26 PM

These are all great information that people shared, there are shitcoins in there but when you have been around for a long time, it becomes something that you get used to after a while and can see them easily.

I get to see hundreds of new projects coming out daily with billions and even trillions in supply. Some of them also give more than 30-2000x depending on the team's legitimacy and seriousness behind 'shilling' about it.

Quote

I personally believe that we should not be doing something that is risky in the crypto world so should be careful, specially with things that propose constant income since it is such a tough thing to achieve. As long as you hit one that is long term and has been around for a while, then you are going to be mostly fine, or at least weave the bad ones out.

Shitcoins also have their time, and their time is now if I'm not wrong. Shiba Inu is one example of how a shitcoin can become hope of today's trader. I see them talking that this coin could be even worth $1 (totally unrealistic).

Quote

The ones that promise the heavens for you and been around for just 3 weeks are the shit ones, sure they may reach to years and years eventually, and getting early could mean a lot, imagine if you got into cake on early days, but why risk it? For every cake, there are 1000's of shitcoins, so pick the ones that offer a decent return and has been around for many years.

None of the coins which promise heaven are good, but taking early advantage and leaving that coin forever is a prudent decision a trader must make. Learning how to play with these shitcoins can also make a fortune to the guy who trades it.

I will never go all in on these shitcoins but putting $10 or $20, or even $50 is not a big deal if the team is doxxed and the token is hyped a lot as it may bring me $500 which can help me gain 75% of my monthly expenses. Shitcoins are not to be taken seriously but they have potential, and without taking risks, fortunes can't be made. Wink

FanEagle

legendary

Activity: 2884

Merit: 1117

Leading Crypto Sports Betting & Casino Platform

These are all great information that people shared, there are shitcoins in there but when you have been around for a long time, it becomes something that you get used to after a while and can see them easily.

I personally believe that we should not be doing something that is risky in the crypto world so should be careful, specially with things that propose constant income since it is such a tough thing to achieve. As long as you hit one that is long term and has been around for a while, then you are going to be mostly fine, or at least weave the bad ones out.

The ones that promise the heavens for you and been around for just 3 weeks are the shit ones, sure they may reach to years and years eventually, and getting early could mean a lot, imagine if you got into cake on early days, but why risk it? For every cake, there are 1000's of shitcoins, so pick the ones that offer a decent return and has been around for many years.

JackieAinsley

jr. member

Activity: 152

Merit: 1

Quote from: ?? on ??

Quote from: altixz on October 27, 2021, 02:56:45 PM

Quote from: Bertyda on October 19, 2021, 09:35:09 AM

It is very important to find a prospective coin on the early stages of its development. But to do this development it is necessary to check. For example something like this - https://pacificdefi.medium.com/pacific-defi-weekly-report-oct-11th-18th-d41f66363dfb

It is good that now investors have a big choice of cryptocurrency projects but big choice means big work. It is necessary to carefully check all the projects.

Now the cryptocurrency market raise, it means that the price of many tokens will raise too.
But it is important to evaluate the prospects of the project to be sure that the price of the tokens will continue to raise in the future.

TheGreatPython

sr. member

Activity: 2618

Merit: 335

Quote from: cliber on October 29, 2021, 03:25:13 PM

Consideration is on each of us in choosing the top coins to make a profit. With so many good coins it will take a lot of analysis before deciding to buy, especially those from the NFT project...

Going for passive income is never been good idea in crypto because you can scam, or you can face other issues as well just try to have some good knowledge of trading or good coins which better reputation good teams and better use case this can give you massive profit in long run which is helpful instead of going for passive income because currently going for staking or any other option also have no surety about income or good profit too many meme coins or scam devs projects are giving big loses just stay on course with your real time search and try to stay with good and strong projects having small profit or income is much better than losing your all money in chase of big.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: cliber on October 29, 2021, 03:25:13 PM

Quote from: joaoenmanuel on October 18, 2021, 07:46:35 AM

With there being thousands of coins all earning diferentes APY percentajes ir can be hard to choose which coin invest in to get passive income.

Share your experiencies

Consideration is on each of us in choosing the top coins to make a profit. With so many good coins it will take a lot of analysis before deciding to buy, especially those from the NFT project...

Invest on bitcoin, ethereum, SOL and BNB, and you'll start earning passive income in the future. Its true that there are a lot of coins to choose from and takes a lot of analysis, but if you are smart enough, you will just focus on these solid coins and everything good will follow. Though they may not give quick profits like meme coins do, but at least you are not losing too in just a quick of time. And you won't be worrying if the market suddenly dump because these coins have proven it already that they can withstand through all the tests. Maybe just be more patient this time.

cliber

member

Activity: 672

Merit: 10

umachit.fund

Quote from: joaoenmanuel on October 18, 2021, 07:46:35 AM

With there being thousands of coins all earning diferentes APY percentajes ir can be hard to choose which coin invest in to get passive income.

Share your experiencies

Consideration is on each of us in choosing the top coins to make a profit. With so many good coins it will take a lot of analysis before deciding to buy, especially those from the NFT project...

DenyAryanto

sr. member

Activity: 509

Merit: 250

Quote from: ?? on ??

If you want a project with a working tokenomic then take a look at ApeFarmer and buy $APEF. You can have a fun with community and farm.

what is tokenomic, exchanger or what
if exchanger decentralized exchange same pancakeswap or not

Natalim

hero member

Activity: 3038

Merit: 592

BTC to the MOON in 2019

Quote from: ?? on ??

Quote from: altixz on October 27, 2021, 02:56:45 PM

Quote from: Bertyda on October 19, 2021, 09:35:09 AM

It is very important to find a prospective coin on the early stages of its development. But to do this development it is necessary to check. For example something like this - https://pacificdefi.medium.com/pacific-defi-weekly-report-oct-11th-18th-d41f66363dfb

I agree that now investors have a big choice. But because cryptocurrency is very popular a lot of scams appear too, that is why it is very important to check all the projects and its development.

It is good that now investors have a big choice of cryptocurrency projects but big choice means big work. It is necessary to carefully check all the projects.

If you wish to invest in altcoins, then you should be more careful in choosing which projects to invest as most of the projects today don't have high potentials and don't even met the demand from its community. So its very risky if you invest in altcoins because most of them are just easily affected by the market sentiments, and they easily get dumped. I suggest to focus on the top coins in CMC as they have high potentials because they are well established and well developed coins, and whatever price corrections that affect them, they are still bound to recover.

SarangWallet

member

Activity: 411

Merit: 10

Quote from: joaoenmanuel on October 18, 2021, 07:46:35 AM

With there being thousands of coins all earning diferentes APY percentajes ir can be hard to choose which coin invest in to get passive income.

Share your experiencies

For those of me who have experienced, I chose CAKE. After reviewing and trying many platforms in my work, I finally chose pancakeswap. Stable work and a large number of assets, which are still needed to work. Of course, I also use other platforms, but the basis is of course pancakeswap.

fileo

member

Activity: 658

Merit: 10

Rangers Protocol

Normally I chose the project with great interest and success. For example if the project is listed in exchanges and they have strong team. I buy their token and put it on staking. Passive income is another way to earn income specially at this pandemic where we really need money to provide our daily needs. For example Banana and pancakeswap tokens I bought a little and stake them.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: Baimovic on October 27, 2021, 06:30:05 PM

I have some pretty good coins in the Coinmarketcap rankings and some I invest on the BSC platform to staking coins there to get passive income when we are holding these coins for the long term, because when we staking coins on some trusted and have a large volume then there is no loss to hold coins there because we will get benefits in the form of additional coins.

I think that passive income from staking is more preferable and better way compared to just waiting for the price to increase, other promising way is through playing NFT games which not truly a passive income but can generate good profit because most of these games only need little effort in my understanding to make consistent profit. Doing both as you said can increase the potential though maybe its just better to stake it altogether because the apy usually is high

Though, seeing how investing sometime can be good like SHIB as investment that many traders did I think if the potential of the investment to grow really fast can be seen like how SHIB with its already planned NFT market or something like that, it can be more preferable than staking

Wawa2013

sr. member

Activity: 1666

Merit: 267

Quote from: Botnake on October 27, 2021, 07:36:52 PM

Quote from: GaxviiBuss on October 27, 2021, 05:56:35 PM

Formerly don't like to invest because I am afraid, but when I understand the trend of investment and other means of earning, I start investing in a project after spending months in their telegram group, have been in earning, the project that I look up to now is Cla, Raca and Polytrade.

Crypto has a lot more way to give us profits and earn a living. But not all coins or projects can give us passive income because some are only good for nothing and only give us losses in the end. But if we chose those coins who are in the top 10 CMC like bitcoin, ethereum, BNB and even SOL, they are good for passive income because by holding them effortless, you are making your own profits once their prices reach at their peaks. As long as you never gets tired patiently waiting in crypto, you will always come up with a passive income in crypto. Crypto might be risky than any other investments, but the returns is worth the wait.

Most of the crypto that is circulating now is not worth buying and will not give us passive income. That is why it is very important that we choose coins
that are potential for investment, so that they can give us passive income. So don't be interested in new projects that promise big profits, even though
if we sell them too late, we will lose all our capital. Very good advice by recommending the top 10 crypto for investment, because usually coins that are
in the top 10 have a very high demand. This means that there are very many enthusiasts and demands for the top 10 cryptos, so usually the price tends
to continue to rise. The most important thing is how patiently we wait for the coins we hold to reach the target we want, because to be successful
in the crypto world, patience is needed. Therefore some people who invest in top 10 crypto make retirement plans, that's because they believe investing
in the right coins can provide passive income.

lexkiee28

full member

Activity: 368

Merit: 101

There are two ways for you to earn passive income whether you want to invest on a count for short term or long term basis. If short term, I suggest you go with the flow of the pump happening to $Shib but if long term, look and keep an eye of this following altcoins such as $Matic, $Sol, $Dot, $XRP.

Topic: What are your top coin to invest in for passive income? - page 4. (Read 1334 times)