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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Heyui67 on November 06, 2023, 05:50:27 PM



Title: How to invest 8k for passive income.
Post by: Heyui67 on November 06, 2023, 05:50:27 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying


Title: Re: How to invest 8k for passive income.
Post by: mindrust on November 06, 2023, 06:03:32 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

You need to generate at least annual 50% returns on your $8k to have such an income ($10/day). Sorry but you can't have 50% return and safe both.The safest investment of all times which is the s&p500 index only gives you 10% annual returns in the long run and most people fail to beat this. There is nothing wrong with wanting high returns. No but you also want it to be a safe investment and that's simply impossible.

You have 2 choices here:

1- You can increase your initial amount to $80k and invest in a safe asset. (S&P500 will bring you 10% annually in the long run and that will make $20 per day)
2- You can yolo that $8000 on something risky and if you are lucky you can turn it into $80k or $800k or $8.

The choice is yours senator.


Title: Re: How to invest 8k for passive income.
Post by: BitMaxz on November 06, 2023, 06:15:47 PM
Future trading is pretty risky better stop trading in futures if you don't have any knowledge about technical analysis.
There is no passive income and safe method that gives you $10 or $20 per day all investments always have risks.
Since you said that you already invested $8k in Crypto why not hold them for the long term and sell them when the price increases?


I'm not a financial expert but if you want to make a profit with your investment I suggest learn how to trade I have a bookmarked link that I can share check the link below then start learning about technical analysis.

- https://github.com/SpiralDevelopment/Awesome-Crypto-Trading


Title: Re: How to invest 8k for passive income.
Post by: bitmover on November 06, 2023, 06:20:11 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

10 a day would mean 3.6k per year, which is about 40% per year.

That is impossible with safe methods

You can get about 5 to 10% a year using safe methods, which is about 1-2 usd per day.

Anyone saying you can is lying to you, or they don't know what they are talking about.


Title: Re: How to invest 8k for passive income.
Post by: Odohu on November 06, 2023, 06:22:59 PM
Why are you fixed on earning daily income? To me, daily income earning will lead you to ponzi scheme. I have been involved in a lot of them and it always end in tears.

If I were in your shoes, I will convert all that funds to Bitcoin and make easy money after few years. Since the money is already in frypto, it is obvious you don't have urgent need if it.... so convert everything to Bitcoin and save them in a wallet you control the private keys.


Title: Re: How to invest 8k for passive income.
Post by: Hamza2424 on November 06, 2023, 06:45:23 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

Hmm, Quite a decent goal, in futures there is a need for the proper execution of the trading strategies, you need to pay time it will directly beat out your first condition passive income. I can directly recommend the cloud mining pools but that won't be very rewarding, You can provide the loan service it will also require a lot of effort.

In the end, the summary of the story is you cant be able to achieve both safety & passive income on your capital, risk one of them the result can be even better, in the end, you can follow someone like copy trading where you can some how to manage both risk and time. In trading copy trading is the term I hate most haha, but according to the OP's requirement I can say it will be most likely option


Title: Re: How to invest 8k for passive income.
Post by: salad daging on November 06, 2023, 06:48:17 PM
Bitcoin does not provide a guarantee that you can earn $10/$20 per day because bitcoin is only for the long term to determine the profit when the price goes up then you can get a profit depending on the next sales target while passive income may apply to trading but it all has a high risk.

Never try to trade futures if you do not have the skills precisely here you will quickly lose the money you have, if you still feel lost then never continue.

The only one is Bitcoin. You buy now and hold it until next year it will provide profits but not per day like you want.


Title: Re: How to invest 8k for passive income.
Post by: GeorgeJohn on November 06, 2023, 06:50:29 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying
When you have a bitcoin or you bought a bitcoin when the price is low and you left the bitcoin for some years and after you have keep the bitcoin and it happens that the market change to bullrun and you bought bitcoin the price was extremely and it appreciate like ten times of what you bought bitcoin, that means that you invest in bitcoin and you have also made profits in it, either it fall's or rises, so what I want you to understand in cryptocurrency is that Bitcoin which one of the cryptocurrency have a time of regulations and the regulations is base on the price, you most not trade to invest in bitcoin or make profits, some people who is billionaire in bitcoin today started buying when it's low and keep until the price get to this point.


Title: Re: How to invest 8k for passive income.
Post by: noorman0 on November 06, 2023, 06:57:10 PM
-snip-
I tried future trading and lost
I think you misunderstand the term passive income, you should not be actively involved in the business. Trading is an active activity.

I can't think of any other good idea to earn regularly with bitcoin other than pool mining (you have to ask on the "Mining (https://bitcointalk.org/index.php?board=14.0)" board to calculate the estimated earnings). You should at least get involved with centralized service businesses like savings and staking, and it's worth noting that's very risky. $8k is too much I can afford to lose.


Title: Re: How to invest 8k for passive income.
Post by: Negotiation on November 06, 2023, 07:01:04 PM
Earning $10 to $20 dollars per day is very easy for many people but again it is very difficult for many people because if they don't know the right way it will be very difficult for everyone.But to increase your income, you must be a multi-skilled person and know many jobs very well so that you can do any kind of work. Also think that there is definitely an element of luck to earn which many people don't believe but I think for those who need luck as well.Master several subjects and train very well and then think about earning, then you will see that your income can increase.Finally I would like to say that if you can take help from a good advice and earner then your way will be much easier.


Title: Re: How to invest 8k for passive income.
Post by: aoluain on November 06, 2023, 07:07:46 PM
Why are you fixed on earning daily income? To me, daily income earning will lead you to ponzi scheme. I have been involved in a lot of them and it always end in tears.

If I were in your shoes, I will convert all that funds to Bitcoin and make easy money after few years. Since the money is already in frypto, it is obvious you don't have urgent need if it.... so convert everything to Bitcoin and save them in a wallet you control the private keys.

This would also be my outlook. Just convert to Bitcoin and forget about it until 2025
when Bitcoin is likely but not 100% guaranteed to reach a new ATH after the halving
which is next year.

There isnt going to be anything 100% dead certain anyway.

Something we all steer clear of is giving your $8k in Bitcoin or Ethereum to an
exchange and they will give you a percentage on it, Coinbase are offering 3.4%
on ETH....

Remember though - Not your keys, not you coins!


Title: Re: How to invest 8k for passive income.
Post by: Twentyonepaylots on November 06, 2023, 07:13:21 PM
-snip-
I tried future trading and lost
I think you misunderstand the term passive income, you should not be actively involved in the business. Trading is an active activity.
I'm quite lost with OP's post with that, he want a passive income using an active method. But yeah I see his point, he wanted to have fixed income on active trading.

I can't think of any other good idea to earn regularly with bitcoin other than pool mining (you have to ask on the "Mining (https://bitcointalk.org/index.php?board=14.0)" board to calculate the estimated earnings). You should at least get involved with centralized service businesses like savings and staking, and it's worth noting that's very risky. $8k is too much I can afford to lose.
Yeah, probably what he is trying to look for, pooling is the best way to get a passive earnings but be careful what pool you are getting into coz a lot of it is a ponzi. OP can also try staking using reputable exchanges like Binance which might be the best he could use his $8K and earn on a daily basis. You can also try to advent an external business, a physical one then invest your ever profit to crypto, I think that's a win-win for you.


Title: Re: How to invest 8k for passive income.
Post by: Yatsan on November 06, 2023, 07:16:25 PM
Passive income is possible but if it is a constant and consistent profit then that would be impossible. The market prices of crypto are volatile in nature which means there will always be times of up and downs. You may do swing trades but you could only win most of the time if you are that good with your analysis but will never be always.  If it is consistency you are seeking then try starting a business but it will not be happening in a single day for sure. There’s no easy way to earn profit in anything and seeking for one will just get you in trouble. If there is, many people should be rich by now to be honest.


Title: Re: How to invest 8k for passive income.
Post by: electronicash on November 06, 2023, 07:33:09 PM
50% per year seems too high. the platform will eventually go Luna. instead of you making money, you'll be the one getting scammed. you already have your money in BTC, i think that's already it. after a year of bull run, you may actually 5x that amount. well, hopefully this halving will help.

i was also looking for the kind of investment but most of the time, it's the altcoins that offer such rate which is also risky. the defi days are over while you are not open for altcoin investment. maybe staking stablecoin will do, it may not be huge but it's safer. It is safer if inflation does not eat a big chunk of the USD's purchasing power.


Title: Re: How to invest 8k for passive income.
Post by: SamReomo on November 06, 2023, 07:39:41 PM
Futures trading isn't a passive way to earn profits even any kind of trading whether futures trading or spot trading require active effort. If you really want to earn passive income with your money then stake those at a crypto exchange but I must tell you that stacking is also risky as exchanges can't be trusted fully and they can take your money anytime.

If I had such amount to invest then I would definitely go with an active method and would avoid any possible passive methods. I believe that trading is a good thing to begin with as you can earn $10 to $20 per day easily on platforms like Binance. If you aren't good at spot trading then go with p2p trading as people are earning more than $10 to $20 a day with p2p trading on exchanges.


Title: Re: How to invest 8k for passive income.
Post by: sunsilk on November 06, 2023, 07:42:39 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost
If you don't know how to trade in futures, you don't have to force yourself doing so and that's not going to be considered passive income. Passive income means that you don't do anything and you generate profits from your holding just like the interest accounts from exchanges and wallets and as well as with staking.

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying
It is risky if you're going to store that on an exchange then you'll earn 1%-5% of interest from your deposit. Because the risk there is you don't have the ownership of your crypto there upon deposit.


Title: Re: How to invest 8k for passive income.
Post by: Zlorent on November 06, 2023, 07:56:53 PM
What matters is to invest every month or every day, it requires saving money and time will do the rest with compound interest. This site is not bad for understanding how to invest: https://top-finance.fr/ 


Title: Re: How to invest 8k for passive income.
Post by: bitbollo on November 06, 2023, 08:03:59 PM
about passive income, avoid to invest in hyip or similar since high returns requires high risk and of course these are just scam.
there are some gambling sites that allow to earn a fixed ROI. it is a working solution... otherwise there are some stakings and DeFi but I think you need to make some research before invest on it... yes of course, you can invest your time and money in... culture! study! get some specialization... this is the best investment and in some case could also bring some "passive income" ;) !


Title: Re: How to invest 8k for passive income.
Post by: goldkingcoiner on November 06, 2023, 08:05:28 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

Some crypto you can stake. But you would have to force yourself to hodl. And your altcoin might become worthless by the time you get your stake rewards and your crypto back. I have found future trading to be a fools game. But spot trading is quite nice, if you have the patience and discipline for it. But again, you must be prepared to lose money should things go bad. I think thats everything in life. What kind of financial activity comes without risk? ???


Title: Re: How to invest 8k for passive income.
Post by: Mahanton on November 06, 2023, 09:02:15 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

10 a day would mean 3.6k per year, which is about 40% per year.

That is impossible with safe methods

You can get about 5 to 10% a year using safe methods, which is about 1-2 usd per day.

Anyone saying you can is lying to you, or they don't know what they are talking about.
True, there are even someone suggesting staking having that APY 10% or more?The risks involved is high and this is nowhere to be considered to be safe.

This is why he could really be only having those choice whether he would really be just simply time deposit on a bank getting that 1-4% annual (which is shit due to inflation).
or he would really be that deciding to make out some business or investment on physical world.

For me, if i do have that amount then i would be focusing on investing into some coins which it could have the potential on getting 5x-10x
in upcoming BR but since OP isnt really that considering these options then he could opt out on traditional physical business.
You would really be needing to take up the risks if you are really that serious when it comes on gaining something.


Title: Re: How to invest 8k for passive income.
Post by: South Park on November 06, 2023, 09:15:25 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying
You want to produce between 3650 and 7300 dollars each year, which is roughly 45% to 90% in profits respectively, you want this to be done passively and safely as well, you failed at futures already and you do not want to invest in altcoins, and if I am honest with you there is no way to achieve what you want with all the conditions you put forward, holding bitcoin could produce those kind of profits during the next years and it could produce even more, but this cannot be done passively as you need to keep track of what is happening on the market, bitcoin cannot produce those profits daily either but it could do so on a yearly basis, and this cannot be done safely, as any investment always has an underlying risk, so at least to me it seems that you are looking for something impossible to achieve.


Title: Re: How to invest 8k for passive income.
Post by: Y3shot on November 06, 2023, 09:40:32 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying
I think hodling this amount of Bitcoin will be better because their is no much risk in hodling. Trading to earn better profit daily can be complicated for beginners because they really don't have much understanding to earn on a daily basis,  8k is a good amount of Bitcoin to hodl for a longtime to get a better profit. Beginners don't really fancy hiding because they feel it will take a long time to get profit, it won't be advisable for beginners to rush into trading because just to earn money,  hodling is better for a reasonable amount, what is just needed is to have patience to wait for the bull market.


Title: Re: How to invest 8k for passive income.
Post by: Rikafip on November 06, 2023, 09:53:39 PM
You can get about 5 to 10% a year using safe methods, which is about 1-2 usd per day.
To be honest, I don't think that even that is possible as that would mean depositing you're crypto onto some centralized platform and we all know how dangerous that can be.



@OP simply forget about an easy and safe way to get that kind of return on 8k and instead just buy bitcoin and store it someplace safe and in the long run you will probably make even more than you ask for.


Title: Re: How to invest 8k for passive income.
Post by: livingfree on November 06, 2023, 09:54:59 PM
I think hodling this amount of Bitcoin will be better because their is no much risk in hodling. Trading to earn better profit daily can be complicated for beginners because they really don't have much understanding to earn on a daily basis,  8k is a good amount of Bitcoin to hodl for a longtime to get a better profit. Beginners don't really fancy hiding because they feel it will take a long time to get profit, it won't be advisable for beginners to rush into trading because just to earn money,  hodling is better for a reasonable amount, what is just needed is to have patience to wait for the bull market.
There's nothing better than holding that amount if it's on Bitcoin. But I don't think that he's holding that in Bitcoin because he hasn't indicated that it is specifically in Bitcoin but in crypto.

If he's holding tons of altcoins and want to earn passively with them. He might even get into more losses instead of profiting which is a common thing on this market.

The more you're thinking of investing it elsewhere and earn passively, the more prone you are falling into traps that might be sent to him.


Title: Re: How to invest 8k for passive income.
Post by: bitmover on November 06, 2023, 10:13:21 PM
You can get about 5 to 10% a year using safe methods, which is about 1-2 usd per day.
To be honest, I don't think that even that is possible as that would mean depositing you're crypto onto some centralized platform and we all know how dangerous that can be.

He can just sell the crypto and buy 8k usd of US Treasuries,  which in theory should be the safest investment in the world... as interest rates are high, us treasuries are paying 5% yield, which is incredible high
https://www.ishares.com/uk/individual/en/products/297191/ishares-treasury-bond-20%20yr-ucits-etf-usd-acc-fund


Title: Re: How to invest 8k for passive income.
Post by: gunhell16 on November 06, 2023, 11:02:04 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

The trading industry is what you want to invest in, and then you want $20 in passive income for the $8,000 in capital that you started with. What do you think about crypto trading? Do you think there is a fixed profit here that can be obtained? This is not a company that has a guaranteed salary every day.

If it's just that amount, and if you're a long-term holder, it's better to buy 8,000 dollars worth of Bitcoin at least 3 or 5 times profit; it's not bad, and it's a big amount. Then you won't have any hassles when you hold it or problems that will be faced for sure; instead, you will just wait and sell Bitcoin at the right time.


Title: Re: How to invest 8k for passive income.
Post by: Dr.Bitcoin_Strange on November 06, 2023, 11:16:31 PM
OP, if you want to engage in trading, then you must actually take your time to learn and understand the volatile nature of the market. You must learn how to use most of the technical trading tools that traders use to analyze the market. If you don't properly learn how to make use of those tools, you will likely experience losses while trading in the future. Also, if you have become successful in trading, you should be aware that not all the time you will be making a profit. Some traders have confirmed that they have trading days that they likely earn more profile and other days and times they avoid trading. If you are looking at other ways to invest $8k and earn $20 daily, I think it will be to invest on a centralized platform, which is not always wise to save your asset on centralized crypto platforms because if it's not your key, then it's not your coin. We are almost approaching the bear market, and I think that investing the $8k into Bitcoin would not be a bad idea. Just my opinion.


Title: Re: How to invest 8k for passive income.
Post by: oktana on November 06, 2023, 11:23:27 PM
I don't know how long you've been into crypto, I've been here for years and I still don't go anywhere near that future trading; it's too much risk to take with hard-earned money. I also do not know why you don't want to buy anything but still make money, cause to make money, you'll have to spend money. If I were in your shoes, I would either buy and hodl Bitcoin or start a business, or I could even split the money in two and do both. With Bitcoin, you may not see much of a difference in the next 1 year, but for many more years to come, I am optimistic that having even the tiniest fraction of Bitcoin will be a flex of wealth. Additionally, you could also diversify your holdings so you have different pillars holding your wallet.


Title: Re: How to invest 8k for passive income.
Post by: Sarah Azhari on November 07, 2023, 01:11:33 AM
Is there any methods related to crypto or something else
There is nothing to instant in the world, we have to hard work and learn something new about how to invest it. We are here for success in Bitcoin, not from yesterday or a year ago, but almost 10 years of being patient and experiencing many advantages. You can't just look the success because you are investing in something. But, there is a struggle which you can't look until you feel it yourself how to get it. I am also like you at the beginning when I am getting to know about bitcoin, I want to be like them who successfully get rich because invested in Bitcoin. I bought bitcoin, but lost it tomorrow when I sold it, I was sad and learned it, and while struggling and studying for years, and today I understand how to conquer it.


Title: Re: How to invest 8k for passive income.
Post by: 2Pizza410000BTC on November 07, 2023, 02:24:25 AM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying
There is no safe way to earn in cryptocurrency. The only way is to work on signature campaigns from Bitcoin forums. So you can't earn $10 to $20 a day here because you can stuck your dollars at any moment during market ups and downs. This is why I am asking you to invest your $8k in Bitcoin for passive income. If you invest your $8k in Bitcoin, you can earn $20 to $100 per day on average when the Bitcoin market goes up. Or your $8k can grow to $80k. So if you invest only in Bitcoin and not in any other currency then you can be successful.


Title: Re: How to invest 8k for passive income.
Post by: Blitzboy on November 07, 2023, 02:35:12 AM
Now that you've ruled out futures and altcoins, have you thought about crypto staking or crypto savings accounts that pay interest? While these options are similar to a standard fixed deposit, they are also filled with the fast-paced energy of the crypto world. By "staking" your cryptocurrency, you essentially lock up your money to help a network run, and you get paidback. It's a way to put your digital assets to work for you instead of just sitting around doing nothing.

All investments, nevertheless, include some risk, especially in the erratic world of cryptocurrency. Investigating platforms that provide these services is essential; pay special attention to their security protocols, interest policies, and operational credibility. With your funds, you're hoping to make a reasonable $10–$20 every day, which seems doable, but you need to be realistic about your goals and be aware of the liquidity conditions.

Investing in any way isn't just about making money grow; it's a mirror of the way technology and money work together these days. It's how current economic structures and digital progress work together. It's not enough to just find passive income streams; you also need to be able to change with the times when it comes to digital banking. It's not just about making money; it's also about staying relevant in a world that's losing its old money fast.


Title: Re: How to invest 8k for passive income.
Post by: Smack That Ace on November 07, 2023, 03:27:24 AM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

The only way is for you to fully supplement the necessary knowledge related to bitcoin and crypto. Once you have complete knowledge about the market, you will know which methods will help you create passive income for yourself.

And if you only have that small amount of $8k but you don't have any knowledge, you just want to make money without knowledge, without working. There is no method that can help you create passive income for you. This is a financial market and if you want to make money, you need knowledge and hard work like any other field. There is no easy way to make money in this world.


Title: Re: How to invest 8k for passive income.
Post by: adaseb on November 07, 2023, 04:39:14 AM
Wasn’t there a thread like this, maybe a few months ago. Someone wanted some risk free way of making 100% a year.

Either way, there is no easy way to do it. Even funding rates are low so you can’t do any cash and carry type of trades which would be considered low risk.

If you don’t want to take any risks you need to buy bonds.


Title: Re: How to invest 8k for passive income.
Post by: libert19 on November 07, 2023, 04:48:38 AM
Even without risk options such as banks are not safe as they often collapse and here you are looking for safe + high apy method. If you get one, do let me know too, cause I'm looking for one as well.


Title: Re: How to invest 8k for passive income.
Post by: Out of mind on November 07, 2023, 05:06:37 AM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying
If you have $8000 to invest then definitely invest it in Bitcoin, it will be a safe haven for your money. Also, if you go for trading you will definitely lose as you mentioned you have lost a lot of money by trading, so trading is not for you. Rather you try to invest for long term it will help you to give good amount of profit. Never invest in altcoins again, it is always risky to face a scam and lose all your money. Many such incidents have been seen in the past when the altcoins are pumped more and then dumped again, it does not increase again but once becomes a scam. So I suggest you stay away from this kind of trading and investment rather you invest and hold Bitcoin, it will give you good returns.


Title: Re: How to invest 8k for passive income.
Post by: Kakmakr on November 07, 2023, 05:25:27 AM
Well, you are looking for a massive 45% yearly profit or interest on your money .....with Banks only giving under 10% if you are really lucky. A site like Freebitco.in is giving only 4% interest on bitcoins that are deposited there, so you are searching for the Goose that are laying gold eggs.  ;D

If it was that easy.... everyone would be invested in whatever is giving that much profit or interest... but it is not that easy. Let me know if you find anything "legal" that provide that kind of profit.  ;)


Title: Re: How to invest 8k for passive income.
Post by: Despairo on November 07, 2023, 06:00:31 AM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost
How can a future trading is a passive income in the first place? you still need to open your account and place your order, passive income means you don't need to work at all.

$10 per day means $3650 per year, it's almost 50% from $8K and I believe there's no way to have a safest method to earn 45% APY.

Staking isn't even a safe way since you could lose all of your money when the bad thing comes (take a look to Celsius).


Title: Re: How to invest 8k for passive income.
Post by: Poker Player on November 07, 2023, 06:40:09 AM
$10 per day means $3650 per year, it's almost 50% from $8K and I believe there's no way to have a safest method to earn 45% APY.

I think the same. I think the only thing that could come close is to invest that money in Bitcoin now and hold it for a year and a half or two, but without touching it. The OP will probably get 50% a year or more, passively but he shouldn't be pulling that $10 or $20 a day like he wants until he sells at the end.

The best thing for him to think about is another investment strategy, because what he wants is almost an oxymoron.


Title: Re: How to invest 8k for passive income.
Post by: LogitechMouse on November 07, 2023, 07:42:45 AM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying
It's kind of funny that you sound like you're desperate to earn money that you even created a thread like this here.
Maybe the reason is you lost huge amount of money doing futures trading. You lost your money trading, and that's why you're here. You're here to ask for a quick way to earn as high as 20$ per day, and take note that in a safe way.

The safest way that I can see to earn on a daily basis is thru staking. I don't recommend this one, but there are tokens out there who are giving as high as 20-30% staking reward, but those are the most riskiest coins. The safe ones only give as high as 10% or even lower. This way isn't safe as well because you might still incur losses thru capital depreciation, so I don't recommend doing this one unless you know what you're doing.

Is what you want possible? To have 10$-20$ per day? Yes, but you need to have a huge amount of money in order for it to happen. I don't want to calculate, but at least you need a 5-digit capital if you want to earn 10$ per day on a 10% annual interest. Basically, what you want is impossible. You want to earn on a daily basis, but you want it to be as safe as possible? Just think of another way.


Title: Re: How to invest 8k for passive income.
Post by: laurenB7742 on November 07, 2023, 08:04:40 AM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying
If you have $8000 to invest then definitely invest it in Bitcoin, it will be a safe haven for your money. Also, if you go for trading you will definitely lose as you mentioned you have lost a lot of money by trading, so trading is not for you. Rather you try to invest for long term it will help you to give good amount of profit. Never invest in altcoins again, it is always risky to face a scam and lose all your money. Many such incidents have been seen in the past when the altcoins are pumped more and then dumped again, it does not increase again but once becomes a scam. So I suggest you stay away from this kind of trading and investment rather you invest and hold Bitcoin, it will give you good returns.

Investing the entire $8k in bitcoin is something I would definitely do if I had that kind of money. But what OP is looking for here is that he is looking for daily passive income. So I think bitcoin or any altcoin cannot meet his requirements. $20 per day with a capital of $8k, equivalent to an interest rate of about 50%/year, that is truly a huge interest rate that anyone would be jealous of. It seems that the OP is quite greedy for both wanting a safe solution and wanting to receive such high profits. With that request from him, I think investing or trading is not suitable for him.


Title: Re: How to invest 8k for passive income.
Post by: NotATether on November 07, 2023, 08:07:43 AM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

If it's Bitcoin, just be patient....

I tried to "invest" 2k worth of bitcoin long time ago, to get $X per day and I was burned, because as it turns out, there is no such thing as an investment platform that gives you that kind of money.

All kinds of speculative investments are risky and that is how the profit is created in the first place... because it goes up AND down.


Title: Re: How to invest 8k for passive income.
Post by: Z390 on November 07, 2023, 09:07:24 AM
I would run away from any passive income that's high yield, it's possible you will double or make more money if you risk it but you can also lose everything.

This is a big problem among crypto investors today, they want a way that they can keep making some little amount of money using their crypto bag, this have made a lot of people lose money to staking rewards, as most of the Pos projects turned into scam after a year or two of operating.

For anyone in this tight situation, you are doing it wrong,  what you should have done is to hold your Bitcoin and get a job, you can't become a successful investors in crypto if you don't have a way of making money even if it's very little, so that you can take good care of yourself before the next bull market is here.

I don't do staking and I don't hunt for passive income through crypto, you can miss out on pumps while you are still staking your coins, and the project can even turn scan when you are still staking, buy and hold bitcoin and keep going to work for your monthly payments, survive into 2025 and get your result.


Title: Re: How to invest 8k for passive income.
Post by: Tuturtinular on November 07, 2023, 09:52:54 AM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

Even if you have a fairly large capital of $8k, finding a consistent income of $20 per day will be difficult, because that's the same as 8% per month and that's a big presentation because most investments only provide profits of 10% per year.

I don't have a good idea about this, but one way that might be done is to provide capital to someone to sell food on the side of the road. Usually selling food can generate a profit of around 30-50%. However, this is also quite risky because it is difficult to find delicious food recipes, strategic location, and takes time to get customers.

To be honest, it is very difficult to get daily profits from investments because most investments provide annual profits and the amounts are not very large, around 10% per year.


Title: Re: How to invest 8k for passive income.
Post by: DeathAngel on November 07, 2023, 10:20:21 AM
You’re not going to get passive income with an $8000 investment. You are here on a bitcoin forum so you are clearly at least slightly interested in cryptocurrency. Just buy bitcoin & be patient for many years. It’s boring & not what you want to hear but you will beat pretty much every other investment class over long term.


Title: Re: How to invest 8k for passive income.
Post by: SquirrelJulietGarden on November 07, 2023, 10:27:04 AM
You’re not going to get passive income with an $8000 investment. You are here on a bitcoin forum so you are clearly at least slightly interested in cryptocurrency. Just buy bitcoin & be patient for many years. It’s boring & not what you want to hear but you will beat pretty much every other investment class over long term.
Investment if is planned with good approach, would be long term. Good investment can help an investor to make a fortune and part of it can be their passive income when they cash out. However, to gain considerable profit, an investor usually must hold their invested assets long enough so taking profit regularly to have passive income is not a good idea. By taking profit, small part of your investment like this, you will never make a fortune with an investment.

I only take profit when I get like x2 or x3 of my initial capital, and I feel a necessary reason to take profit partially to get my initial capital.


Title: Re: How to invest 8k for passive income.
Post by: Assface16678 on November 07, 2023, 10:42:17 AM
Passive income? Dude, there is no way to have a passive income that involves bitcoin unless you will let other trades trade your capital; that's some way to earn using passive income. But you can actually buy and "buy" bitcoin by staking or holding,but it still requires you to buy bitcoin by holding, and in staking, you need a portion of your bitcoin to be staked; you just need to find a legitimate platform that offers those services.

Oh, you can also do bitcoin mining. You could use your funds to buy mining kits, such as graphic cards and PC components. In summary, you still need to buy something to have a passive income. I personally do the three passive incomes I've mentioned because I get to earn while I'm just letting my assets sit on a platform, especially trading, which is my side hustle. anyway its up to you want passive income you will choose.


Title: Re: How to invest 8k for passive income.
Post by: DabsPoorVersion on November 07, 2023, 11:08:15 AM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying
Investing in crypto comes with a risk. Even with 8k worth of investment, targeting a passive income even a small amount will be hard. Unless you do trading, but then as you have mentioned, you're not quite fit to trade. Trading requires knowledge and experience to at least earn a passive income.

If you are aiming for an investment, there's no guarantee for you to earn a passive income, it all comes with a risk if it's an investment in crypto. Also, it will take time to earn. Only scam investment offers a passive income daily on investments.


Title: Re: How to invest 8k for passive income.
Post by: JunaidAzizi on November 07, 2023, 11:22:55 AM
Quote from: Heyui67 deerlink=topic=5473111.msg63115486#msg63115486 date=1699293027
I have 8k worth of crypto how to invest
This amount to get 10 or 20$ per day safe methods
I tried future trading and lost
Are there any methods related to crypto or something else
And I don't want to invest in altcoins or buying
Future trading is not for all and does not give you the profits just once time you may repeat the future trading and then get some profits but remember future trading is very risky and there is a huge chance of Losing your whole funds. 8k is a big fund and you want 10 to 20$ per day profits which makes 40% I think per year and I think is difficult to use the save method but maybe in future trading you can do it but yeah it's again very risky and the chances of Lossing money is high. Another way is not to convert your fund from crypto to Bitcoin as it is safe and gives high profits and the halving and bullish runs coming near if you invest it and hold it for some time then it will make huge profits after some time.


Title: Re: How to invest 8k for passive income.
Post by: n00ber on November 07, 2023, 12:49:05 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

LOL, you are so greedy OP. Having initial capital is an advantage for you over others but that does not mean you will be able to make money passively with this market. This market does not offer risk-free methods of generating passive income. If you are willing to lose 8 thousand dollars in exchange for passive income, you can stake on centralized platforms. I think there will be some platforms that can offer the APY you want but in return you can also lose that $8k at any time. That's the price you need to trade if you don't want to work but want to make money quickly and passively.


Title: Re: How to invest 8k for passive income.
Post by: examplens on November 07, 2023, 01:03:51 PM
Why do you all suggest trading as a passive investment? Trading is anything but a passive source of income, because it requires a certain skill and requires daily engagement, following signals, etc... Also, here the risk can be very high and a couple of wrong positions will bring loss and return to the beginning.

As a passive investment, the first thing that comes to mind is to buy Bitcoin and hold it for a long period.

With $8k you also can start or buy a startup business online, where you will only improve it over time or pay someone to do it for you. It's not completely passive either, but a modest profit doesn't have to require a lot of commitment.


Title: Re: How to invest 8k for passive income.
Post by: Crypt0Gore on November 07, 2023, 01:14:56 PM
Don't look for passive income, if you already have this 8k in Bitcoin you are in safer hands compare to other digital currencies out there, you can make 10x of this money by 2025 but you need another source of income and I get it, my question is how did you make this 8k in the first place? I will advice you to go back and keep making more money from there and keep living your life as if nothing interesting is happening, endure all the pain and stress of work till 2025, it's not that far away anymore and I believe by the third quarter of next year Bitcoin will already be skyrocketing.

What people can't do is having patience for a long term, they always get tired on the long run when the wait is almost over, I don't recommend buying Bitcoin miners, because it costs to run them too, your electricity bill must be lower for your mining operation to be profitable.

Holding Bitcoin at this stage of time is going to be way more profitable than starting to mine right now, also miners comes with few disadvantages, what happens if something breaks in the miner? You will have to spend more to get it fix, it also depend on the user, are you familiar with any crypto miner in the past? Can you monitor the miner very closely at home? Do you work miles away from your home? There are other things to put into account before making this decision.


Title: Re: How to invest 8k for passive income.
Post by: Z_MBFM on November 07, 2023, 01:38:47 PM
I have 8k worth of crypto how to invest
You can invest them on Bitcoin, ETH, BNB or TRX They are the safest investment among crypto coins but they cannot give you a passive income. Crypto Invest never offers passive income. But if you hold them long term you can get a good profit

Quote
This amount to get 10 or 20$ per day safe methods
Earning $10-20 per day by investing $8k is possible and very easy.  But in this case you have to trade.  But if you do long term investment instead of trying for daily income then I think it will give you better results.

Quote
I tried future trading and lost
Future trading is very risky from here you can lose your entire fund if you use leverage. So always avoid future trading

Quote
Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying
if you want to invest in crypto but not altcoins then just focus on bitcoin


Title: Re: How to invest 8k for passive income.
Post by: Crypto Library on November 07, 2023, 02:39:32 PM
This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying
First of all I want to say that if you are new at trading and don't know much about analysis then my suggestion will be for you don't go for short term trading and also don't fall in future trading. You have already mention that you have faced loss on future trading. You have also mention that you don't wanna invest on alternative coins I think that's a good idea. When investing in alt coins there will be always a question on the secureness.
In this case you can invest on Bitcoin but there will be also the risk will remain if you wanna get from a passive profit from this fund. Because in term of Bitcoin if you wanna do short term trading then you must have enough knowledge about technical analysis then I think you can get a good passive income without facing loss. But if you have don't know about technical analysis then I will say that put the money in Bitcoin for long term if the fund is Idle. 


Title: Re: How to invest 8k for passive income.
Post by: kryptqnick on November 07, 2023, 02:52:21 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying
I think that to get regular income out of investments, one needs to be a trader. But not just a trader, a good trader. It's risky, and it's hardly passive. But if you have $8k in cryptos, I think simply putting it all into Bitcoin (because altcoins are way riskier) and waiting for, like, a year (maybe more, maybe less) is a simple plan. That sort of long-term investment is passive (you don't need to do anything with it), and while it's not $10 daily, it can add up to a nice profit once Bitcoin recovers. Of course, there's zero guarantee that Bitcoin will actually recover, but it's a reasonable expectation, considering that it has done it many times before.


Title: Re: How to invest 8k for passive income.
Post by: Popkon6 on November 07, 2023, 03:15:25 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

Op You can definitely invest $10 to $20 weekly or monthly in bitcoins. You can count on Bitcoin in the future as 2024 Bitcoin Halbing predicts.  So if you invest for long term then you will definitely get benefit as long term investment in Bitcoin is very less risk. And you must have the ability to take risk in the beginning so that you can succeed in investing.

To learn more, visit this link to learn more about how to invest in Bitcoin.: https://bitcointalk.org/index.php?topic=5132720.0


Title: Re: How to invest 8k for passive income.
Post by: Woodie on November 07, 2023, 03:25:38 PM
So as long as the risk isn't high enough I honestly don't see this forecast possible, even the stable earnings that come from staking don't matchup to the numbers you looking for....unless you pump in more capital to find a way to get that $20 per day.

Something that I see as a viable business around the forum could be the loan business but this takes time to know how to loan out, who to loan out, what venting process to use to avoid bad debts on the book otherwise that $8K around here can go a long way to archive you ROI per day...


Title: Re: How to invest 8k for passive income.
Post by: danadc on November 07, 2023, 04:47:06 PM
I do not think that a transaction or passive income involves depositing an amount of money in bitcoin and then recovering some profits, what is done is that if $8k or more is invested, if bitcoin goes up, the investment goes up, It is something logical, it is something that everyone expects, so for me passive income is those that with an investment you obtain income at once, but in the market you can obtain a profit or a negative balance, this depends on how the market is, so Therefore, an investment in Bitcoin can be positive or negative depending on what is available in the market situation. It's whatever it is at the moment


Title: Re: How to invest 8k for passive income.
Post by: Nrcewker on November 07, 2023, 04:52:05 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

There is no way where you can make sure sort money. Atleast in the crypto field. Yes you can try staking the cryptos in popular exchanges like Binance and they can give you small interest in return. But I think that won’t be sufficient for long go. You can buy coins and hold them for long term if you want, this won’t give quick and huge profits, but will give sufficient ones. I don’t recommend risking money at high stake for steady returns. Moreover if possible copy trade any big trader, definitely you can make good profit from it.


Title: Re: How to invest 8k for passive income.
Post by: Belarge on November 07, 2023, 11:44:47 PM

There is no way where you can make sure sort money. Atleast in the crypto field. Yes you can try staking the cryptos in popular exchanges like Binance and they can give you small interest in return. But I think that won’t be sufficient for long go. You can buy coins and hold them for long term if you want, this won’t give quick and huge profits, but will give sufficient ones. I don’t recommend risking money at high stake for steady returns. Moreover if possible copy trade any big trader, definitely you can make good profit from it.
Been into the system alone is a risk, I've controlled myself from anticipating any gambling relating activities. High stakes brings signals profits but small stakes will accumulates only changes which will settle only for drinks. Laying your hands on profits are the mere ambition of life's but in a situation were we are compressed, into doing the right thing would be brilliant. Trading can save up that amount depending on how good the person in question is. A techincal pro trader can flip any account given to him or her without hesitation, as long one is confident and knows the basic steps to follow.


Title: Re: How to invest 8k for passive income.
Post by: Webetcoins on November 08, 2023, 03:49:11 PM
What do you exactly mean when you say safe methods? Is it about securely earning $10 or $20 stabel'y while your $8k capital remains the same? Because apart from that, there is also a risk if you will entrust your capital to someone else. It would be better to just invest in your own or to a wallet where you hold your private keys with you.

The only down side of it is, your capital can fluctuate but there are also times that you can hit your desired profit target or earn more than that, if the fluctuations go in the upward position consistently. Just buy and HODL a Bitcoin if you are not a fan of altcoins but investing in BTC is much better if you won't pull out your profits from time to time.


Title: Re: How to invest 8k for passive income.
Post by: Publictalk792 on November 08, 2023, 04:12:08 PM
Means you are saying you want $10 to $20 per day. It means you want 180% to 365% per annum. So I think it is not possible. Staking is a safe option but as much you want this is little bit difficult. You should increase investment if you want to earn $10 to $20 per day. More investment you have more income you may generate. At this time I will suggest you should invest in top coins and you will get profit if you HODL. That is you personal decision that how much you can bear if you lose money. After all your investment will be safe if you will choose wisely.


Title: Re: How to invest 8k for passive income.
Post by: Essential10 on November 08, 2023, 04:47:30 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying
You want to earn $20 to $10 per day from your $8,000 worth of crypto investment, that's just your demand. I think it's almost impossible in a practical sense. If you are willing to trade, first determine an amount per investment that you can be prepared to lose. You want to invest in certain projects according to your own judgment, and your profit margin is an important value. Then Bitcoin investment will be the best way for you. It may take some time, but it can be a stable process that can earn you profits in the long run. Since Bitcoin is the best in the world of crypto, it is better for you to adopt the best approach.


Title: Re: How to invest 8k for passive income.
Post by: fzkto on November 08, 2023, 05:26:13 PM
Means you are saying you want $10 to $20 per day. It means you want 180% to 365% per annum. So I think it is not possible. Staking is a safe option but as much you want this is little bit difficult. You should increase investment if you want to earn $10 to $20 per day. More investment you have more income you may generate. At this time I will suggest you should invest in top coins and you will get profit if you HODL. That is you personal decision that how much you can bear if you lose money. After all your investment will be safe if you will choose wisely.
Greed never led to riches. 180 or even 360 per year is a lot. It seems to me that in the long term it will lead to a loss. Maybe for a few months you can make a profit. But if a coin can give such a profit, then that coin has a huge inflation, which means a large supply in the market. As a result, the price of the coin will constantly fall.


Title: Re: How to invest 8k for passive income.
Post by: kentrolla on November 08, 2023, 05:55:34 PM
Why not learn trading and do it on a regular basis through spot trading and do multiple trades in a day wherein even if you are able to earn 0.10% profit per day it's still $8 per day which is not a bad return and considering If you continue doing it for a year without cashing out the return and adding them for trade, then you can earn around 43% to 44% returns annually, though this sounds simple but it required a lot of patience and proper planning and you better create an operating process for yourself like the choice of coin should only to BTC as that's the most standard and it reduces the risk of losing hefty amount and plan like what's the entry point and what's the exit point and the profit which you can earn from that trade including the transaction fee.

This definitely involves risk and also it requires at least 4 hours of your time everyday. We cannot earn returns like $10 everyday without any risk factor.


Title: Re: How to invest 8k for passive income.
Post by: d3nz on November 08, 2023, 07:52:12 PM
Actually, there is a lot of opportunity to get a passive income in crypto by doing copy-trading since you don't need to do anything but wait for the profit but very risky. Also, traders nowadays use a bot to trade which is less hassle for them and I think that this is also a passive income. You can also try these to get a passive income

1. Staking (Locked staking would provide you with much higher interest)
2. Lending
3. Masternodes/crypto nodes

Make sure to only stake or lend your 8k to a legit trading platform to avoid losing your hard-earned money.


Title: Re: How to invest 8k for passive income.
Post by: passwordnow on November 08, 2023, 07:59:41 PM
Trading isn't safe and if you want to earn with those amounts, you have to take the risk in trading if that's one way you're thinking of gaining some profits.

1. Staking (Locked staking would provide you with much higher interest)
2. Lending
3. Masternodes/crypto nodes
I think lending is fine but he has to make good decisions there because if he's not into the business, he could go bankrupt easily. As for staking, it's one way to gain some profits but it's not shooting to the amount that he's thinking of earning. That is because usually the low interest on it won't suffice the daily profit that he's thinking to have. Locking your funds on a platform could be as good as it may seem and look to be.

But I'm not recommending that because you don't know what may happen in the nearest future and what if you need that money. It's fine to get into flexible savings but that's also going to give up the ownership of that crypto you own once you agree with that term of locking it.


Title: Re: How to invest 8k for passive income.
Post by: lalabotax on November 08, 2023, 09:59:20 PM
Future trading is a high risk thing, indeed we can get amazing results, but on the other hand, our chances of losing are also very large. This is different when we try to trade on the spot market by choosing coins that already have a lot of market cap, not new ones, because new coins may not necessarily be able to rise again and be accepted by the market. So, it really needs to be paid attention to.

Actually, if you do it regularly, just try to learn a few things about trading short term daily on the spot market, but not futures. However, of course this won't be easy because you also have to analyze the possibility that the coin will rise again in a few hours. This is of course also risky because there is no 100% strong analysis. So, everything definitely has risks. If not, just focus on Bitcoin and do long term holding.


Title: Re: How to invest 8k for passive income.
Post by: barhavsky on November 26, 2023, 04:27:50 AM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

I advise you to invest all your money in Bitcoin, because from the existing graph, you can see that the increase in the price of Bitcoin in 1 year is 128%, so if you invest in Bitcoin with capital of $8k, then you will get a profit of $10,240 and that is the same just like you get a daily profit of $28 (according to what you want), that's why I suggest you to invest in Bitcoin and now it's not too late for you to invest in Bitcoin, because the price of Bitcoin will continue to increase every year.


Title: Re: How to invest 8k for passive income.
Post by: AnonBitCoiner on November 26, 2023, 08:23:17 AM
I advise you to invest all your money in Bitcoin, because from the existing graph, you can see that the increase in the price of Bitcoin in 1 year is 128%, so if you invest in Bitcoin with capital of $8k, then you will get a profit of $10,240 and that is the same just like you get a daily profit of $28 (according to what you want), that's why I suggest you to invest in Bitcoin and now it's not too late for you to invest in Bitcoin, because the price of Bitcoin will continue to increase every year.

Your advice is appreciated because there is a risk related to every other coin instead of bitcoin so whenever you want to get 10 percent of profit then choose bitcoin. But in the case of bitcoin you cannot get daily reward but you will get annual reward as the price changes regularly on annual basis. bitcoin from the past years suggests that as growth of time occurs so the growth of bitcoin increases too.

May be you use little or more percentage of money into crypto but if you choose bitcoin as an investment opportunity then you will see that how this little percentage turn into larger sum. With bitcoin you have to be patience as wait is the only thing that enables you to get what you deserve.


Title: Re: How to invest 8k for passive income.
Post by: Rasa nanas on November 26, 2023, 09:23:26 AM
Be careful because many irresponsible individuals offer passive income or daily income but have to make a deposit first. If you find something like this, you should be alert because it is most likely a scam. I suggest you just invest in bitcoin (if you don't want to invest in altcoins) because bitcoin is the most popular cryptocurrency and the risk is relatively lower. if you invest $8k now in bitcoin maybe when the bullish comes it will increase to $25k or more.


Title: Re: How to invest 8k for passive income.
Post by: Sophokles on November 26, 2023, 10:51:28 AM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

Providing liquidity in any lending protocol can manage you get good interest. I saw in AAVE their stable coin interest sometimes goes up to 12% which is pretty decent. Though this interest won't be stable, you will get it at around 5% most of the time. You can also provide liquidity in any early project that is trending in the market like BLUR. Its price goes up dramatically due to its potential airdrop from its L2 network BLAST. Its trading volume in dex also increased. Even some centralized exchange provide high APR for early project to lock up stablecoin or other major alts. This can be risky but if you can take calculated measure it can be profitable for you.


Title: Re: How to invest 8k for passive income.
Post by: KingsDen on November 26, 2023, 11:21:02 AM
Why are you fixed on earning daily income? To me, daily income earning will lead you to ponzi scheme. I have been involved in a lot of them and it always end in tears.

If I were in your shoes, I will convert all that funds to Bitcoin and make easy money after few years. Since the money is already in frypto, it is obvious you don't have urgent need if it.... so convert everything to Bitcoin and save them in a wallet you control the private keys.
Exactly my thoughts. He got a very good capital and he would earn more if he is not so fixed to daily returns. If for instance he buys bitcoin now and by next week bitcoin gets to 40k, he will have pretty good profits. This is not an investment advice and I am not saying now is the best time to buy bitcoin as I do not honestly know bitcoin's next move from here on a short term but I know on a long term.

If I may advice, it would be nice that you establish an offline business that will be giving you daily return and aboit crypto, concentrate on the long run so that you will not blow your capital in future trading.


Title: Re: How to invest 8k for passive income.
Post by: 2Pizza410000BTC on November 26, 2023, 11:44:26 AM
Future trading is a high risk thing, indeed we can get amazing results, but on the other hand, our chances of losing are also very large. This is different when we try to trade on the spot market by choosing coins that already have a lot of market cap, not new ones, because new coins may not necessarily be able to rise again and be accepted by the market. So, it really needs to be paid attention to.

Actually, if you do it regularly, just try to learn a few things about trading short term daily on the spot market, but not futures. However, of course this won't be easy because you also have to analyze the possibility that the coin will rise again in a few hours. This is of course also risky because there is no 100% strong analysis. So, everything definitely has risks. If not, just focus on Bitcoin and do long term holding.
Futures trading is more dangerous than gambling. Those who entered into futures trading lost money. Losing money in futures trading loses all their life's earnings.  Also you mentioned about trading that a person can never succeed in trading if he doesn't have enough trading knowledge. So if a person wants to earn money holding bitcoins, then the bitcoins should be held for long term. If held long term his average profit from investment day to success will be 20 to 50+ dollars. I do not accept any currency other than Bitcoin for investment.


Title: Re: How to invest 8k for passive income.
Post by: Bushdark on November 26, 2023, 12:30:53 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

Providing liquidity in any lending protocol can manage you get good interest. I saw in AAVE their stable coin interest sometimes goes up to 12% which is pretty decent. Though this interest won't be stable, you will get it at around 5% most of the time. You can also provide liquidity in any early project that is trending in the market like BLUR. Its price goes up dramatically due to its potential airdrop from its L2 network BLAST. Its trading volume in dex also increased. Even some centralized exchange provide high APR for early project to lock up stablecoin or other major alts. This can be risky but if you can take calculated measure it can be profitable for you.
Their are many coins in the market op can invest in and make profits from them. Investing in cryptocurrency should not be difficult but we need to act smart so that we don't put our money on investment that would not be profitable for us. We should be expecting more altcoins in the market by the time the bull run commence. This will be the time when we are menst to know good and bad project team.
Spreading the fund to differ investment would be profitable than just leaving it on a single investment.


Title: Re: How to invest 8k for passive income.
Post by: shawonngp on November 26, 2023, 12:50:06 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying
New traders shouldn't trying first time in future trading, It's risky even for experienced traders, you didn't analyze before started it. Spot trading is low risky and beginners can
start with small amount. 8k$ is big amount but no safe method to earn per day 10$ or 20$. Buy Bitcoin and hold long term it's the best method.


Title: Re: How to invest 8k for passive income.
Post by: goaldigger on November 26, 2023, 01:35:49 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying
Earning that much everyday is quite impossible because even in staking you can have that kind of profit everyday not unless you hold millions of money.
What you can do with that is just hold it until you make a good profit and try to multiply that $10-$20 per day for the possible profit that you can get when you set your target price. Think long term and invest with good project, this is the best thing that you can do if you are a passive investors.


Title: Re: How to invest 8k for passive income.
Post by: bastian466 on November 26, 2023, 01:42:29 PM
Passive income if you set a daily target is very difficult and very possible, but the opportunity is there, but in my opinion you will not be able to meet this target because if you trade quickly in a matter of hours and days, you need maximum supervision and timing because of the market it always changes up and down all the time, but this is just my theory and I have not put it into practice and my experience is only investing long term to take advantage of bearish and bull seasons


Title: Re: How to invest 8k for passive income.
Post by: glendall on November 26, 2023, 02:07:35 PM
I think staking is a safe investment, but if you want a passive income of 10-20$ per day with 8k capital it is very difficult, for daily trading alone it might be difficult now if you don't choose the right coin


Title: Re: How to invest 8k for passive income.
Post by: pawanjain on November 26, 2023, 03:21:14 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

Instead of trading futures you can go for spot trading which will reduce the risk.
You can also start staking your coins but you know how volatile the market is.
You can lend but even that has a higher risk. All of these will yield you passive income.


Title: Re: How to invest 8k for passive income.
Post by: uneng on November 26, 2023, 05:19:59 PM
Every passive income offers come with high risks in crypto market, because you have to trust your coins to a third party platform which will take care of your money. Therefore, it implies a risk of being scammed by the platform.

If even aware about it, you still want to invest, keep in mind that most reasonable offers stay around 4% annual interest, what means you are never going to make 20$ a day by investing 8000$. You need a much larger budget to make the amount of money you are aiming.

In every cases, you can just hold your 8000$ in BTC currency inside a hardware wallet you have total control over the keys. Next, wait for the next increasement in BTC price, sell your holdings and enjoy your profit. Possibly you are going to make much more than 4% yearly this way, while having total control over your funds all the time.


Title: Re: How to invest 8k for passive income.
Post by: Tipstar on November 26, 2023, 05:37:17 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

If that is your target, I would recommend you to go with grid trading as that would be able to deliver you safely.
I'd not call a coin, choose the one you believe in. Put the lowest price in last 6 months the grids lower price and it's all time high as highest. When the price stays in between, you'd have a profit. If the price goes below grid, you would have got the coin you liked for a cheap price and if it goes above, you are already in a good profit.
Of the grid bots I'm running, the best one is yielding me 1% a day over a month now. And with the profit, I could adjust my poorly performing bots.


Title: Re: How to invest 8k for passive income.
Post by: GlacierBIT on November 26, 2023, 06:05:41 PM
I think staking is a safe investment, but if you want a passive income of 10-20$ per day with 8k capital it is very difficult, for daily trading alone it might be difficult now if you don't choose the right coin
I would be very careful about staking, because these are altcoins, they have always been unstable. But it a very interesting and tempting method, before staking, you need to study everything in detail. Understanding the specific coin can help mitigate potential pitfalls.


Title: Re: How to invest 8k for passive income.
Post by: Huppercase on November 26, 2023, 07:11:56 PM
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

There is no correlation in your explanation. You have $8k worth of crypto, probably usdt and you are looking for passive income but I'm afraid to tell you that the only passive income you will get in crypto is nothing but pure scam, if you are not careful enough, you will lose that $8k and be worthless at the end, so be careful with the choice of income you are looking about.

I'm not sure why you tried futures trading when you can do that on spot trading. What you need to do is to locate the most liquid trade on exchange, like for instance the last 2 weeks has been Solana, it's has been pumping greatly. You can simply hop into this trades and make something good without any leverage or split the capital into 1/3 and trade with it, you will be able to make $10 dollar easily a day and with consistency, you will be able to make more.


Title: Re: How to invest 8k for passive income.
Post by: martinex on November 28, 2023, 04:40:49 AM
For the technique, just use filing and see where the price swings in the market will lead. The dominant of several methods that are practiced and the simplest is buy low and sell high and set the duration only per week if you can afford it, but if you tend to like taking risks, set it for 4 hours, not more. happy trading my Friend.