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Question: Do you have any sources of passive-income?
Yes. - 169 (62.4%)
No. - 102 (37.6%)
Total Voters: 271

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Author Topic: Passive Income  (Read 81274 times)
ObscureBean
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December 01, 2015, 08:51:55 AM
 #21

Consider spending some of your spare time growing your Twitter followers (this of course would be a long term process). If you manage to reach quarter of a million or more (sometimes a lot less depending on the quality of your following), you'll have at your disposal one of the easiest money making scheme around  Wink
Don't ever buy fake followers/likes/retweets, you'll impede your own progress and lose money in the process.
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December 01, 2015, 08:56:30 AM
 #22

Most of the richest people I know live out of passive income they started having after good investments. A very easy way of earning a passive income is to rent a house (of course you need to have one).
In the bitcoin world mining is a passive income but the investments required nowadays are too high.
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December 01, 2015, 09:05:59 AM
 #23

Consider spending some of your spare time growing your Twitter followers (this of course would be a long term process). If you manage to reach quarter of a million or more (sometimes a lot less depending on the quality of your following), you'll have at your disposal one of the easiest money making scheme around  Wink
Don't ever buy fake followers/likes/retweets, you'll impede your own progress and lose money in the process.

It is quite difficult to grow fans to 250k or higher. You need to do a lot of work. At the end of the day, Twitter is the winner.
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December 01, 2015, 09:15:26 AM
 #24

What is Passive Income? May be just unexpected inheritage.
You need to work or put at least some effort to earn some money.
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December 01, 2015, 09:24:43 AM
 #25

The lure of "passive income" or "making your money work" has been exploited by scammers in Bitcoinland. The MLM/Ponzi scheme in my sign actually advertises "make Bitcoin while you sleep".
MLM and pyramid schemes rely on unsustainable business models which can provide "passive income" for players who create downlines and profit from introducing other 'investors' into the scheme. A small number of people can make a profit from this activity, at a direct cost to others who are left holding the valueless asset when the schemes inevitably implode. If that type of confidence trickery suits you it still requires input and administration activity to succeed, (as well as a lack of morality imo), so is not truly "passive".
 
As a rule of thumb, I steer well clear of any proposals unless they are fully transparent and make basic sense. Giving an anon a capital sum in exchange for a promised future roi does not qualify as "making sense".
Passive income is possible in inflation based mediums, such as fiat invested in rental property where the actual asset is in restricted supply and long term demand but, even then, is vulnerable to valuation excesses, "bubbles", and interest rate changes should borrowed money be used to finance it.
Bitcoin is not intrinsically inflationary in the same way as fiat, so passive income implying regular income and low or zero risk is not a model to be trusted.

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December 01, 2015, 09:56:50 AM
 #26

I heard about wallets with intrest, but I never tried one. Also for passive income we all need to make money first, and then to invest that money in something from what we can expect some passive income on some time (daily, weekly, monthly..). I voted for NO, I don`t have any passive income, I dont have enough money to try anything good. I saw some people talking about buying a house, it`s expensive project for sure, how many of us can afford something like that? Anyway passive income would be if u buy several bitcoins and watch them rise.. but its tricky a bit.


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December 01, 2015, 10:17:16 AM
 #27

Well, I have written a bunch of articles for a website in the past and with Google Adsense I earn roughly $15 in a year. Not very much to say the least. Gotta say the website and those articles have nothing to do with crypto. I have no passive income with Bitcoin, as I actually have to do stuff to get/earn it.
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December 01, 2015, 10:32:12 AM
 #28

i buy seedboxes and resell them for a small profit. it's not a lot but it generates around $8 per week without having to do much. if i find more ways to earn small amounts then at the end the amount gets only bigger.
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December 01, 2015, 04:49:57 PM
 #29

I have to admit that after reading through this thread, I have realized that I need to do some brainstorming and start some passive income investments. Smiley

Honestly, I have never even thought about this. It does seem very hard to get a good idea to mind!
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December 02, 2015, 06:49:29 AM
 #30

Passive income is definitely the way to go, and I think that was mostly the attraction to cloud mining. You buy some "ghashes" and you wait for your ROI. Then you spoil yourself, when the profit stage begins. Some people do reach that stage, until the incoming capital dry up and the Ponzi scheme collapse. <GAW>

Passive income needs regular maintenance and monitoring to guarantee a steady income, with very little effort. If you give this NO attention, it might just dry up.   

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December 02, 2015, 07:39:40 AM
 #31

What is Passive Income? May be just unexpected inheritage.
You need to work or put at least some effort to earn some money.

mining is the best example of passive income, you need to work only at the beginning, then the miner do everything for you, you just plug and play it one time

other passive are ponzi scam and hyip
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December 02, 2015, 08:49:38 AM
 #32

Consider spending some of your spare time growing your Twitter followers (this of course would be a long term process). If you manage to reach quarter of a million or more (sometimes a lot less depending on the quality of your following), you'll have at your disposal one of the easiest money making scheme around  Wink
Don't ever buy fake followers/likes/retweets, you'll impede your own progress and lose money in the process.

I agreed. Or opening a website. I did this before. I opened a blog about digital marketing and every thursday and monday I shared one post. I made a lot of research before writing posts which this made my posts much more quality. And after couple months, I started to getting a lot of visitors, this is how I build my passive income couple years ago.
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December 02, 2015, 09:35:00 PM
 #33

What is Passive Income? May be just unexpected inheritage.
You need to work or put at least some effort to earn some money.

mining is the best example of passive income, you need to work only at the beginning, then the miner do everything for you, you just plug and play it one time

other passive are ponzi scam and hyip

Yes, that's if you have profitable miners which you have to be a big farm nowadays or have free or nearly free electricity. Even then, you can't just do nothing. There is maintenance of the miners, securing them, storing them, etc.

Faucets I see a pretty near for of the passive income! The successful faucets of course!
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December 02, 2015, 10:51:59 PM
 #34

my passive income is from signature campaign, through which i earn by posting it. with that income i play sports betting and earn some more i just keep the 50% of the income in my vault and when ever i feel bitcoin is low price i buy it and keep it for higher price sale. apart from that i work for real job that income is for my family that i dont distrub,

Posting in a signature campaign is not passive income. Passive means you aren't doing anything, yet you have money comming in. Signature campaigns require that you post pretty much daily and a high amount of posts if you want anything that resembles a income (which I find a waste of time if you have to post anything more than 10 posts a day). Example of passive income: Having ads in a website that generates new traffic endlessly and you always get some ad revenue monthly even if you don't even update it.

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December 03, 2015, 03:00:28 AM
 #35

Aside from investments, I consider passive-income any way you can make money from your hobbies or free-time.

If you're going to be posting on forums anyways, it's passive to make money from it; this isn't anyone's day-job.
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December 03, 2015, 03:08:08 AM
 #36

I had built a blog 2 years back , and got enrolled in google ad-sense , and today the blog is good for poetry lovers and they quite frequently visit it and i get around 1$ per-day in my ad-sense account .This is only my passive income.
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December 03, 2015, 05:25:06 AM
 #37

What is Passive Income? May be just unexpected inheritage.
You need to work or put at least some effort to earn some money.

mining is the best example of passive income, you need to work only at the beginning, then the miner do everything for you, you just plug and play it one time

other passive are ponzi scam and hyip

Yes, that's if you have profitable miners which you have to be a big farm nowadays or have free or nearly free electricity. Even then, you can't just do nothing. There is maintenance of the miners, securing them, storing them, etc.

Faucets I see a pretty near for of the passive income! The successful faucets of course!
Faucets are not passive income unless your referrals are working for you. You're saying that you have to be a big farm to be profitable then suggest faucets. Good job, on that one.
You need blow $.13c/kwh to be profitable with mining. You just have to work with the trends and shouldn't hold mining equipment for too long. Selling the equipment at a good price will increase ROI.

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December 03, 2015, 08:28:44 AM
 #38

Aside from investments, I consider passive-income any way you can make money from your hobbies or free-time.

If you're going to be posting on forums anyways, it's passive to make money from it; this isn't anyone's day-job.

no signature campaign is not a passive income, that is a working job, you need to do something

a passive income is something that generate money without you doing anything, another example can be POS coin, they earn you interests without you touching anything, and another one are loans
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December 03, 2015, 08:41:21 AM
 #39

Aside from investments, I consider passive-income any way you can make money from your hobbies or free-time.

If you're going to be posting on forums anyways, it's passive to make money from it; this isn't anyone's day-job.

no signature campaign is not a passive income, that is a working job, you need to do something

a passive income is something that generate money without you doing anything, another example can be POS coin, they earn you interests without you touching anything, and another one are loans

Loans, especially in BTC, are very risky! It's a kind of passive income but that is not guaranteed. Even on platform like btcjam, bitbond it's plenty of scammers, not to mention our forum.
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December 03, 2015, 09:01:08 AM
 #40

Most of the suggestions so far don't really fit the classic definition of "passive income"

"Passive income is an income received on a regular basis, with little effort required to maintain it."

Also implied in that is it should be low risk, classically like a real estate property purchase and rental, where the capital is not borrowed and the day to day adminstration is contracted out and priced into the overall costings, or a gilt edged stock investment.
Even an interest bearing bank deposit is passive income if the rate exceeds inflation.

There is no Bitcoinland equivalent because investment isn't the primary function of BTC, the only inflationary aspect of the system is the increase in value of the coin itself as and when adoption and use increases of a commodity in finite supply.

So, it could be said that the only passive income is hodling, although whether you consider that low risk is another matter.




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