Having tokens in and of itself is a passive income. I also stale and make NFTs which are both passive incomes that are very easy. I personally think that finding a project that you think will succeed in the future is hugely important because if a project 10x or 20x or even more than that that is a lot of money that you made passively by just hodling. You can also make great rewards in staking off of these investments. I personally have invested a lot into NEAR. NEAR gives me 11.2% apy on staking and it’s a project that I believe will be huge in the future. I also make my NFTs on NEAR because NEAR is so fast, cheap, and so easy to make NFTs on. There are lots of great projects, you just have to find them. If you haven’t looked into NEAR I also recommend you look into it, you may not love it but I think you will. It’s a great project and great for making passive income. There are also many different ways to earn money within the blockchain if you are looking for a side hustle.
Is NEAR already listed on CMC? I think I found something else there which is NEAR Protocol which has nothing to do with NFT, it's a project of building an app but I saw that it also has Staking because of POS. Or maybe you're referring to something else, is that already listed on other popular coin trackers? I have also been able to have passive income just by staking on Defi platforms and I can say that it is worth it. |
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I think it's better to stake Ethereum if you aim to HODL for long-term investment especially if you have a large amount to stake. In Binance there is also Staking, their Binance Earn, so far up to 21.6% Est. APY to ETH 2.0 in fixed duration. Your coin is safe especially if you are on a trustworthy platform.
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I think you forgot about BNB. Obviously, you are a beginner and at your age, if that is true it is wonderful, you are probably the youngest I know who is interested in investing in crypto. It's as if you've already done your own research, that's good and just keep doing it, you still have a long way to go. Let’s get back to coins, and because every day I also use the ETH (25%) and BNB (25%) system and platform, in addition to BTC (50%).
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That just depends on who will use the service of exchangers. If he is not comfortable or does not want to undergo verification, he should not continue. In such situations, we must know or have enough knowledge of the risks or possible consequences and be willing to accept and be prepared for whatever may happen. If it's okay with you, then there's no problem. If I had to choose between the two if the centralized leading and proven or if the decentralized you doubted and you had almost no idea how to use it, I would still choose the more trustworthy.
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Consistent users who truly believe in Bitcoin are the only ones who make money. If you still doubt how much this coin has already reached you can lose and you will regret it later. There is no time to regret if it was not reached then, what matters is now and the next. So it's not too late as long as you're still in the system and there's still movement going on.
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As long as there are consumers or users of Bitcoin it will not disappear. So let’s just enjoy having it. We don't even know what else will happen in the future but it's nice to think that we've been a part of it. We know what benefits it has given us, to have the freedom to be independent and earn.
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These economists who oppose Bitcoin behave very differently so they are not able to accept this technology. Maybe because they are more aware of the cons of being volatile and unpredictable, they simply don’t fully understand the importance and the benefits it brings to the continued development of the financial aspect and the benefits it brings to having freedom in the digital assets and in conducting online transactions.
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Maybe you’re just saying that the market situation isn’t good right now because the single value of Bitcoin for you is low compared to what it reached ATH a few months ago. Well, this is not alone, there are many reasons why the price of coins becomes that way. That depends on what is trending or enjoyed by the users on the different platforms.
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My journey with NFT began when I was able to play Axie Infinity in September last year, it has been a successful part of me so far and I have also become interested in other NFT gaming, which is now better known as play-to-earn games. . For now, I'm just entering CryptoBlades where you can craft powerful characters and weapons. You will earn by defeating enemies, raiding with friends, and staking gains.
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For me, if you are into gaming like these play-to-earn games and NFT you will be interested. If you only knew the top blockchain game so far. So you can get your capital back or invested in a short period of time, maybe 1-2 months is enough. You should also know the true purpose of a project or platform, you are assured when many are active in the community and support it.
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There are a lot of really shitty and meme coins that these airdrops lovers notice more, maybe because they are cheaper than other coins that are more legitimate when viewed. So when it is given a lot of hype, the gains also increase, but it will also be lower when the popularity is over.
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What is your standard or metric to consider that a coin is in the state or among the low market cap? I don't think that's the only basis. There are still a few BSC coins or projects that are useful and can contribute to the development of the crypto-verse, but there are also others that just use the platform to, you know, take advantage of the sales of what they make.
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their conversation is over and we can see the Bitcoin price is around $32k++
~snip
So what was the outcome of their conversation? Is there a statement that Tesla can make and accept Bitcoin again as payment for their products and services? I've already read articles popping up in my newsfeed about it, maybe in the next few weeks, we'll see it stick to $ 40K again. |
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Actually I'd never expect that Altcoins will totally grow.I'm so much fun to find what is the best fit to make my investment grow.. As of now I choose ETH, Dodge Coin and BCH as my longtime profit for an investment.
Altcoins now have their path because there are so many different networks that have sprung up so far, they are no longer dependent on other coins. Maybe the other you say is DOGEcoin? I didn't even include that on my list for many reasons. And another BCH that has also been silent for a long time, is no longer overlooked after the 2017 bull run. You chose that and it's just my opinion. |
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That is why there should be more and more people adopting bitcoin, especially these merchants and marketplaces so that even if the time comes for the government to intervene to ban the conversion of BTC to fiat money as they did with gold before, we have many ways to choose from how we use or spend Bitcoin.
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Just a few days ago when the BTC's value began to fall, news of panic selling broke out with new entrants in crypto investing. The beginners are just hype because of the highest it has reached this year and they thought it would continue and also because of the rumors of others. Maybe some take profit because of the length of time they have been waiting, others have no real reason but to sell because of the bad news that caused it to go down and thought it would go down, even more, that has already happened.
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I can't blame you there, maybe because of the amount of altcoins now you don't even know where and where else to invest. It's better to put everything in BTC than others that aren't even among the top coins. But what exactly will you decide in the next four months? Will you continue to sell it regardless of the low value or will you keep holding on until it reaches 6 digits?
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