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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 81775 times)
TastyChillySauce00
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December 07, 2016, 11:58:29 AM
 #641

my passive income is bitcoin , i bought bitcoin in huge amount few month and we know that bitcoin is going to increase its price too much faster day by day so my investment price in bitcoin is also get high value and i think anyone can get this passive income with easily.

i think if you bitcoin trading use pair fiat money
you must have big capital money can get big return
if you use low capital money profit is very low, if good altcoin trading, but is high risk
Yeah i am just a trader bitcoin because altcoin trading has a high risk and bitcoin trading is very safe investment and i never face to risk with trading of bitcoin and we know that bitcoin is very much stronger currency.
i agree with you that altcoin has too much high risks sometime because i never trade with altcoin and i also prefer that bitcoin trading is much more profitable than altcoin and i also bough bitcoin in huge amount and then hold it and it my passive income in the future.
it's definitely wrong that bitcoin trading is more profitable than altcoin while altcoin is actually more volatile than bitcoin so you can make a profit from many opportunities behind the volatility. you need to wait a long time for the price increase in bitcoin and need some strong reason while with altcoin you the pumping sometimes just happen.
And also once the price of altcoin pumped, the percentage of rising may surpass 100%

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December 07, 2016, 12:08:28 PM
 #642

my passive income is bitcoin , i bought bitcoin in huge amount few month and we know that bitcoin is going to increase its price too much faster day by day so my investment price in bitcoin is also get high value and i think anyone can get this passive income with easily.

i think if you bitcoin trading use pair fiat money
you must have big capital money can get big return
if you use low capital money profit is very low, if good altcoin trading, but is high risk
Yeah i am just a trader bitcoin because altcoin trading has a high risk and bitcoin trading is very safe investment and i never face to risk with trading of bitcoin and we know that bitcoin is very much stronger currency.
i agree with you that altcoin has too much high risks sometime because i never trade with altcoin and i also prefer that bitcoin trading is much more profitable than altcoin and i also bough bitcoin in huge amount and then hold it and it my passive income in the future.
it's definitely wrong that bitcoin trading is more profitable than altcoin while altcoin is actually more volatile than bitcoin so you can make a profit from many opportunities behind the volatility. you need to wait a long time for the price increase in bitcoin and need some strong reason while with altcoin you the pumping sometimes just happen.
And also once the price of altcoin pumped, the percentage of rising may surpass 100%


But altcoin trading is very risky. An altcoin that pumps more than 100% of its price is mostly just a pump and dump scheme. Once you are late on the pump train of that altcoin you might be stuck in its high price if you bought it too late. And never sell that altcoin or won't make profit from it.
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December 07, 2016, 02:12:29 PM
 #643

my passive income is bitcoin , i bought bitcoin in huge amount few month and we know that bitcoin is going to increase its price too much faster day by day so my investment price in bitcoin is also get high value and i think anyone can get this passive income with easily.

i think if you bitcoin trading use pair fiat money
you must have big capital money can get big return
if you use low capital money profit is very low, if good altcoin trading, but is high risk
Yeah i am just a trader bitcoin because altcoin trading has a high risk and bitcoin trading is very safe investment and i never face to risk with trading of bitcoin and we know that bitcoin is very much stronger currency.
i agree with you that altcoin has too much high risks sometime because i never trade with altcoin and i also prefer that bitcoin trading is much more profitable than altcoin and i also bough bitcoin in huge amount and then hold it and it my passive income in the future.
it's definitely wrong that bitcoin trading is more profitable than altcoin while altcoin is actually more volatile than bitcoin so you can make a profit from many opportunities behind the volatility. you need to wait a long time for the price increase in bitcoin and need some strong reason while with altcoin you the pumping sometimes just happen.
And also once the price of altcoin pumped, the percentage of rising may surpass 100%

You can't just look at the max profit which is potentially achievable by trading altcoins. You should also take into account all the losses incurred due to some, or most of these coins turning into scams at the end of the day. And these loses are final in most cases, you can't just wait out till the price reverts because they just get thrown away for good. If you consider that, Bitcoin will be a hands down winner in the competition with the legions of altcoins flooding the market.
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December 07, 2016, 02:37:31 PM
 #644

I would suggest you to stay away from gambling and cloud mining sites first of all. You will only lose more than what you will earn.

Better methods are mining, trading. You can also try offering your services in bitcoin payments in the forum. Also signature campaigns once you get a high rank in the forum.

Stay away from faucets ptc and such - they are mostly a waste of time.

 
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Wandering Soul~
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December 07, 2016, 02:57:45 PM
 #645

I would suggest you to stay away from gambling and cloud mining sites first of all. You will only lose more than what you will earn.

Better methods are mining, trading. You can also try offering your services in bitcoin payments in the forum. Also signature campaigns once you get a high rank in the forum.

Stay away from faucets ptc and such - they are mostly a waste of time.

Many people loves to have a passive income because maintaining it requires just a little time and effort but I'm afraid that except mining and signature campaign , all you suggested requires a lot of time and effort therefore it is not a way to receive a passive income its just a way to earn bitcoins  .

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December 08, 2016, 02:19:06 PM
 #646

For me passive ways of earning are mostly scams. Even if you can get your roi in a few months. It feels better if you earn through hard work and not just sitting back and depending on your passive incomes. Passive investments don't last for a long time. If passive income means owning a store, you would still need to manage that store in order for your income to continue.
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December 08, 2016, 02:56:52 PM
 #647

I would suggest you to stay away from gambling and cloud mining sites first of all. You will only lose more than what you will earn.

Better methods are mining, trading. You can also try offering your services in bitcoin payments in the forum. Also signature campaigns once you get a high rank in the forum.

Stay away from faucets ptc and such - they are mostly a waste of time.

Many people loves to have a passive income because maintaining it requires just a little time and effort but I'm afraid that except mining and signature campaign , all you suggested requires a lot of time and effort therefore it is not a way to receive a passive income its just a way to earn bitcoins  .

Mining and participating in signature campaigns also require a lot of effort unless you are posting complete bullshit in the latter case. Mining looks more like a full-time job, anyway, or even more than that because most miners are obviously mining bitcoins all day and night long without ever switching the mining equipment off until something unexpectedly breaks.
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December 08, 2016, 03:04:55 PM
 #648

For me passive ways of earning are mostly scams. Even if you can get your roi in a few months. It feels better if you earn through hard work and not just sitting back and depending on your passive incomes. Passive investments don't last for a long time. If passive income means owning a store, you would still need to manage that store in order for your income to continue.
Yeah that's right. I do not believe in passive income. However, if you have a huge capital, I think there are still some way to have passive income. In my opinion, building your own mining system is still profitable if you know how to maintain it and handle the electricity. Besides, new coin ( such as Etherium) is very potential so that if you can mine them, in the future, perhaps you can be rich
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December 08, 2016, 03:21:46 PM
 #649

For me passive ways of earning are mostly scams. Even if you can get your roi in a few months. It feels better if you earn through hard work and not just sitting back and depending on your passive incomes. Passive investments don't last for a long time. If passive income means owning a store, you would still need to manage that store in order for your income to continue.
Yeah that's right. I do not believe in passive income. However, if you have a huge capital, I think there are still some way to have passive income. In my opinion, building your own mining system is still profitable if you know how to maintain it and handle the electricity. Besides, new coin ( such as Etherium) is very potential so that if you can mine them, in the future, perhaps you can be rich
It always depends on how the definition of passive income is.
If you think of it as an investment, where you do not have to do anything at all, then it's hard to achieve. In that case you really need a lot of money first.
From what I have read on the internet the most common definition is that passive income is requiring an investment of work, time and some cash.
Personally I find it hard to built up something like that, because before everything else you need an idea of how you want to create that income.
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December 08, 2016, 03:21:53 PM
 #650

I do not have any source of passive income. Every income I have I should work for. I hope when I have 1 whole BTC that will be my source of a passive income because Bitcoin is rising with time. I'm not going to invest in anything but Bticoin anyway.
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December 08, 2016, 03:23:19 PM
 #651

For me passive ways of earning are mostly scams. Even if you can get your roi in a few months. It feels better if you earn through hard work and not just sitting back and depending on your passive incomes. Passive investments don't last for a long time. If passive income means owning a store, you would still need to manage that store in order for your income to continue.
Yeah that's right. I do not believe in passive income. However, if you have a huge capital, I think there are still some way to have passive income. In my opinion, building your own mining system is still profitable if you know how to maintain it and handle the electricity. Besides, new coin ( such as Etherium) is very potential so that if you can mine them, in the future, perhaps you can be rich

Yes mostly scam.
It is why i propose a "pack" where you have passive and active income absolutly for free.
You can re-invest your "earned for free" but if you want you can withdraw it and you can never invest from your poket.



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December 08, 2016, 03:32:28 PM
 #652

For me passive ways of earning are mostly scams. Even if you can get your roi in a few months. It feels better if you earn through hard work and not just sitting back and depending on your passive incomes. Passive investments don't last for a long time. If passive income means owning a store, you would still need to manage that store in order for your income to continue.
Passive incomes do exist on which is possible on the way you are gaining money without doing nothing and that's the goodness of having leverage income which you have investments that would able to give you money but before we achieve that we would really do hard work before we attain it.

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December 08, 2016, 07:25:36 PM
 #653

For me passive ways of earning are mostly scams. Even if you can get your roi in a few months. It feels better if you earn through hard work and not just sitting back and depending on your passive incomes. Passive investments don't last for a long time. If passive income means owning a store, you would still need to manage that store in order for your income to continue.
Passive incomes do exist on which is possible on the way you are gaining money without doing nothing and that's the goodness of having leverage income which you have investments that would able to give you money but before we achieve that we would really do hard work before we attain it.

I completely agree. To receive passive income, you need to work very hard to earn a starting capital. No start-up capital to earn income from nothing practically impossible
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December 09, 2016, 03:49:10 AM
 #654

For me passive ways of earning are mostly scams. Even if you can get your roi in a few months. It feels better if you earn through hard work and not just sitting back and depending on your passive incomes. Passive investments don't last for a long time. If passive income means owning a store, you would still need to manage that store in order for your income to continue.

Passive income doesn't necessarily require that you invest in an investment site. There are passive incomes that are much more profitable and much more legit. For example, you buy a property. In the future, it would cost more than when you bought it. I have friends the same age as me that put investment in farming land or agricultural lands and so they get some crops when it's harvest season and they can sell the land as well when they want to. It's a passive income that doesn't require that much actions since you don't have to plant the crops yourself. Farmers with no farming land would do that for you and give you a percentage of their harvest.

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December 09, 2016, 03:52:33 AM
 #655

For me passive ways of earning are mostly scams. Even if you can get your roi in a few months. It feels better if you earn through hard work and not just sitting back and depending on your passive incomes. Passive investments don't last for a long time. If passive income means owning a store, you would still need to manage that store in order for your income to continue.

Passive income doesn't necessarily require that you invest in an investment site. There are passive incomes that are much more profitable and much more legit. For example, you buy a property. In the future, it would cost more than when you bought it. I have friends the same age as me that put investment in farming land or agricultural lands and so they get some crops when it's harvest season and they can sell the land as well when they want to. It's a passive income that doesn't require that much actions since you don't have to plant the crops yourself. Farmers with no farming land would do that for you and give you a percentage of their harvest.

Anyway you needed money to buy the property as an initial investment, but I agree this is a good way to earn passive income or to work with something very profitable. Crops can be good, and if you have animals, better. Animals are very profitable, depending the size of your farm you can produce many things and pay someone to take care for you, it will lower the profit a bit, but the passive income is good if you don't want to do the hard work.

 
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December 09, 2016, 06:05:17 AM
 #656

the passive income is good if you don't want to do the hard work.
There are many misinterpretation about the passive income like is it a source of income for lazy people. But we need to understand how the possibilities of getting passive income identified or created. To have passive income we must have some capital initially. Enough capitals are not possible for lazy people. We just make our money to work for us.
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December 09, 2016, 06:10:04 AM
 #657

For me passive ways of earning are mostly scams. Even if you can get your roi in a few months. It feels better if you earn through hard work and not just sitting back and depending on your passive incomes. Passive investments don't last for a long time. If passive income means owning a store, you would still need to manage that store in order for your income to continue.

Passive income doesn't necessarily require that you invest in an investment site. There are passive incomes that are much more profitable and much more legit. For example, you buy a property. In the future, it would cost more than when you bought it. I have friends the same age as me that put investment in farming land or agricultural lands and so they get some crops when it's harvest season and they can sell the land as well when they want to. It's a passive income that doesn't require that much actions since you don't have to plant the crops yourself. Farmers with no farming land would do that for you and give you a percentage of their harvest.

Anyway you needed money to buy the property as an initial investment, but I agree this is a good way to earn passive income or to work with something very profitable. Crops can be good, and if you have animals, better. Animals are very profitable, depending the size of your farm you can produce many things and pay someone to take care for you, it will lower the profit a bit, but the passive income is good if you don't want to do the hard work.

Personally I wouldn't mind paying someone to take care of the farm. If I don't hire someone, then I would have to take care of it myself which makes it not a passive income anymore. I'm not an expert on these things so I don't think I can manage the whole farm all by myself. Hiring someone that I know can even be considered as a help from me. I gave him a job and he doesn't need to be in the farm the whole day. He's just going to check if it's okay and all, feed the animals, and look for something that can cause incident in the farm.

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December 09, 2016, 06:22:41 AM
 #658

the passive income is good if you don't want to do the hard work.
There are many misinterpretation about the passive income like is it a source of income for lazy people. But we need to understand how the possibilities of getting passive income identified or created. To have passive income we must have some capital initially. Enough capitals are not possible for lazy people. We just make our money to work for us.
Well, being lazy doesn't mean have no capital and lazy people are still possible to have big capital. though most of the passive income will require hard work on the beginning and that's why having passive income is not as easy as speaking and planning. Even if you have big capital you must find some worthy investment first among shitty project which may bring you failure at the end

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December 11, 2016, 04:03:00 PM
 #659


Well, being lazy doesn't mean have no capital and lazy people are still possible to have big capital. though most of the passive income will require hard work on the beginning and that's why having passive income is not as easy as speaking and planning. Even if you have big capital you must find some worthy investment first among shitty project which may bring you failure at the end

Require hard work always.. in all phases of life of your investment. Passive income mean you dont have direct income.

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December 11, 2016, 04:10:07 PM
 #660


Well, being lazy doesn't mean have no capital and lazy people are still possible to have big capital. though most of the passive income will require hard work on the beginning and that's why having passive income is not as easy as speaking and planning. Even if you have big capital you must find some worthy investment first among shitty project which may bring you failure at the end

Require hard work always.. in all phases of life of your investment. Passive income mean you dont have direct income.

A passive income would only need hard work at start, but once you have found a good place for your money and you have invested it then you will need nothing to do but just count the notes you will earn from that investment, that is what we call passive income.
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