If you're gonna work for that actively then I wouldn't call that passive income. The other options also require work as well except for holding and holding is also fool-proof so most would recommend it. However in the crypto markets, the higher the risk, the higher the reward so you can maximize what your initial bankroll can do. I'd personally diversify but for such a small amount, I'd take the risk of getting some day trading action.
I will really like to know if you have any altcoin or token in mind you consider trading recently since basically you are making an absolute good point here and all the lines seems to check