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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 81707 times)
Arvydas77
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January 24, 2017, 08:10:02 PM
 #921

In my opinion the best definition (or objective) of passive income is when your money generates more money for you. For example, you give money to a business that needs funds and they pay you dividends every month. It is a passive income without a hard work. 



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January 24, 2017, 08:21:20 PM
 #922

In my opinion the best definition (or objective) of passive income is when your money generates more money for you. For example, you give money to a business that needs funds and they pay you dividends every month. It is a passive income without a hard work. 

That's called stocks dude. It is already mentioned many many times.

Trading isn't also a passive income. You are trading your money, it is not different than selling groceries for money. Its just, you don't have to open a real shop to sell your stuff but you still have to use your mind to make money by trading. (checking charts, trends, supports/resistances etc, that's a lot of work)

Renting your house is the best example for a passive income. You find someone who wants to rent your house, you sign a few papers and its over. You only collect money from your bank account every month. (that definitely doesn't take any brain or muscle power)

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January 24, 2017, 08:26:55 PM
 #923

Passive income can be generated with the smart investments like trading where you don't have to work for 24/7 but just need to have a close watch on price movements and if price exceeds your initial purchase then you make good profits so for me the passive income is to get from trading altcoins.
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January 24, 2017, 08:38:41 PM
 #924

Its really hard to generate income without doing anything and that is not possible in real world, investments are risky and may fail in long run so the best thing would be to invest it somewhere where you can have total control on your funds and gives you a power to take right decision at a right time.

Its hard to earn even if you work harder, it should be near impossible to earn passive income without doing nothing. Even those who own a company needs to do something to make it work. The only way you can make it without doing something is to invest on stock exchange that can send enough money as dividends to you every month. This will still need money - huge amount.


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January 24, 2017, 10:27:28 PM
 #925

You could lend BTC at Poloniex. The profit is small but at least it has profit.
I never invest in poloniex, how does it work? is it we are investing in the trader or at the site. no matter how much profit, the most important thing is always going to benefit?
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January 25, 2017, 02:39:51 AM
 #926

You could lend BTC at Poloniex. The profit is small but at least it has profit.
I never invest in poloniex, how does it work? is it we are investing in the trader or at the site. no matter how much profit, the most important thing is always going to benefit?
I think the lending investment in Poloniex are not effective, the result is very small, let alone lender also very much so the lowest rate that would be taken by borrower. Better to use our money for buy altcoin, better yet if the coin is it still new so if we buy surely still cheap, I've been several times to earn lots of money from the ICO. I am sure will make you satisfied.
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January 25, 2017, 03:15:56 AM
 #927

Its really hard to generate income without doing anything and that is not possible in real world, investments are risky and may fail in long run so the best thing would be to invest it somewhere where you can have total control on your funds and gives you a power to take right decision at a right time.

Its hard to earn even if you work harder, it should be near impossible to earn passive income without doing nothing. Even those who own a company needs to do something to make it work. The only way you can make it without doing something is to invest on stock exchange that can send enough money as dividends to you every month. This will still need money - huge amount.


You don't actually need a huge capital to start stock trading. There are board lots and odd lots that can be had for a small amount. If you go for dividend-yielding stocks, those are usually the ones that are much more expensive. Also, try to look at the buy and sell signals / indicators like RSI, EPS and EMA. Dividends are not usually given on a monthly basis, by the way. They are an annual or semi-annual thing usually.
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January 25, 2017, 03:25:32 AM
 #928

You could lend BTC at Poloniex. The profit is small but at least it has profit.
I never invest in poloniex, how does it work? is it we are investing in the trader or at the site. no matter how much profit, the most important thing is always going to benefit?
I think you can get more profit by joining an ICO. So many altcoin's price were rise until three time when those getting into popular exchange site. I think it's nice passive income.
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January 25, 2017, 04:06:17 AM
 #929

In the actual economic situation, only if you have plenty of capital you can hope to get a real "passive" income (because then it's enough to invest intelligently in some low-risk assets). If investing in HYIP or similar, you can be lucky but the more probable outcome is that you'll be one of the losers - it's like gambling.

Most realistic "passive" income methods for the average Joe (e.g. a website like a blog with advertising), instead, need a LOT of work and even more patience. The only advantage is that once your passive income is high enough, you can take some days of rest sometimes (e.g. for holidays or if you're sick) - but not too much because the competitors don't sleep.

PS: And no, signature campaigns are not passive income. The payment is similar to low-paid text works. So only if you're really interested in BTC and would post anyway in this forum a signature campaign makes sense (or if you come from a really low-wage country).

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January 25, 2017, 04:53:43 AM
 #930

In the actual economic situation, only if you have plenty of capital you can hope to get a real "passive" income (because then it's enough to invest intelligently in some low-risk assets).

What in your opinion is plenty? Is it $10K $100k or more? With small amount of money one could try investing in gambling sites or loan money to people. There's a bit of risk, but not much work involved.
With more money you could buy a small piece of land in the city or just outside and sell advertising space. With even more cash you could buy a downtown apartment and rent it out.

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January 25, 2017, 06:59:09 AM
 #931

You could lend BTC at Poloniex. The profit is small but at least it has profit.
I never invest in poloniex, how does it work? is it we are investing in the trader or at the site. no matter how much profit, the most important thing is always going to benefit?
I think you can get more profit by joining an ICO. So many altcoin's price were rise until three time when those getting into popular exchange site. I think it's nice passive income.
i think ico actually at risk dude. because not every ico you buy will potentially have a high price or at least can be sold and I think that method not a passive income, because you could lose and if you profit its just one time only ?
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January 25, 2017, 07:52:54 AM
 #932

I do not want my passive income came from cryptocurrency. I would prefer more traditional methods. Real estate, gold, business
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January 25, 2017, 08:05:03 AM
 #933

I do not want my passive income came from cryptocurrency. I would prefer more traditional methods. Real estate, gold, business
Passive income from cryptocurrency could give you big amount of profit, because the trend of the price is up. You also do not need to pay maintenance cost. Invest your money in ICO, it's profitable. I think Real estate, gold, cryptocurrency and business is good passive income.


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January 25, 2017, 08:08:54 AM
 #934

You could lend BTC at Poloniex. The profit is small but at least it has profit.
Yeah that is also a passive income but it will not be worthful for a person to live with with that he will also need to do any hard work to earn some more money to support his family and if he have a high amount of capital to lend then I will suggest to start a business with that money it wil give a profit for generations to you and you will not have any fear of defaulters.

Passive income doesn't necessarily have to come like heavy drops of rain, what matters the most is that the tap keeps dripping after the initial hard work. I am seeing this prospect at Poloniex as much more reliable than the conventional lending of money, because at Poloniex, it is entirely passive income and much more secured. one can make a business out of it, by raising some huge amount and investing here at moderate rates and that is sure to be better than the ridiculous interest banks offer on deposits.
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January 25, 2017, 08:48:19 AM
 #935

realy pasive income without anything do it
if you can investment is good placed, and always return and constant

but is very dificult can get ivestment placed and long time
Im agree with you its very hard to put our money into investment that long some of investment are not trusty worth our money i don't trust investment website where most of them are scammers i trust casino bankroll even its small atleast i see my profit everymonth.
There guarantee for those investment if you can start a business online this is i think the best way to become a reseller or making leads.. and start investing in PPC for advertising your website and get more sales and leads.. this is i think the best as passive income but it is not so easy you need to learn website designing know how to buy and install domain and hosting for your landing page..
And start advertising it like in bing ads..  where i am starting advertising for now i am just earnings passive income $5-$10 and still studying my campaign on bing because some of keywords are not profitable and gradually paused or remove those keywords.. just to maintain the profit. bing will never scam you and it depends if what affiliate network or CPA you are working..
This is the best that i think you can have passive income if you really want a fast earnings you should invest a money for advertising. .
Is it possible for those who can't code? If I use special web templates ( like https://www.templatemonster.com/landing-page-templates.php , for a landing page), will it be ok? Thanks in advance.
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January 25, 2017, 08:55:08 AM
 #936

You could lend BTC at Poloniex. The profit is small but at least it has profit.
I never invest in poloniex, how does it work? is it we are investing in the trader or at the site. no matter how much profit, the most important thing is always going to benefit?
I think you can get more profit by joining an ICO. So many altcoin's price were rise until three time when those getting into popular exchange site. I think it's nice passive income.

I agree but select only those ICO thats is good because some of it turn into scams or sort of they drop pretty lot becausw there are no investors.  But all in all investing on ICO is good you can ear decent profit out of it
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January 25, 2017, 02:24:37 PM
 #937

What in your opinion is plenty? Is it $10K $100k or more? With small amount of money one could try investing in gambling sites or loan money to people. There's a bit of risk, but not much work involved.
With more money you could buy a small piece of land in the city or just outside and sell advertising space. With even more cash you could buy a downtown apartment and rent it out.

With "plenty" I mean over 100k USD, preferrably more - investing in real estate like you point out is a good example for a pretty sustainable income if you know where to invest. Your other example with a online gambling site is just one of these risky strategies where most people lose and only a few can win.

Obviously there exist lucky people, but you can't generalize these "income models" - if you consider all people that try to win money with them, they are similar to casinos, where "the house" always wins but most gamblers do not.

What could be a real "passive income" solution for the average Joe in the future would be investing in or building useful, self replicating technologies (self replicating 3D printers, for example). That's pretty much sci-fi today, but could become true in a couple of decades (look at the RepRap project which already is making some progress in this area).

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Xenophoto
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January 25, 2017, 03:08:12 PM
 #938

You could lend BTC at Poloniex. The profit is small but at least it has profit.
I never invest in poloniex, how does it work? is it we are investing in the trader or at the site. no matter how much profit, the most important thing is always going to benefit?
I think you can get more profit by joining an ICO. So many altcoin's price were rise until three time when those getting into popular exchange site. I think it's nice passive income.

I agree but select only those ICO thats is good because some of it turn into scams or sort of they drop pretty lot becausw there are no investors.  But all in all investing on ICO is good you can ear decent profit out of it

Funny because you want us to look for a good ICO without giving any pointers on how to spot which one's a scam and which one isn't.

Most scammers don't have money that's why they scam people. Most ICO that have turned into a scam are mostly just ICOs that pays their bounty using their altcoin but I'm not saying that there aren't ICOs like that that weren't successful. There are some but most of them are pretty loaded right from the start like ICN and VSL.

So: If an ICO can't even afford a campaign manager or a good design for their ANN thread or for their bounty thread, the owners most probably are broke in real life and are trying their best to scam people. ICO is the new nest of scammers.

But keep in mind that there are scammers that are willing to spend some money at first, pretend to be legit, and do a lot of work just to scam people off. In their mind, that's their capital and there would be ROI right before the launch date of their ICO when the solicitation has finished.

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January 25, 2017, 03:34:32 PM
 #939

You could lend BTC at Poloniex. The profit is small but at least it has profit.
I never invest in poloniex, how does it work? is it we are investing in the trader or at the site. no matter how much profit, the most important thing is always going to benefit?
I think you can get more profit by joining an ICO. So many altcoin's price were rise until three time when those getting into popular exchange site. I think it's nice passive income.

I agree but select only those ICO thats is good because some of it turn into scams or sort of they drop pretty lot becausw there are no investors.  But all in all investing on ICO is good you can ear decent profit out of it

Funny because you want us to look for a good ICO without giving any pointers on how to spot which one's a scam and which one isn't.

Most scammers don't have money that's why they scam people. Most ICO that have turned into a scam are mostly just ICOs that pays their bounty using their altcoin but I'm not saying that there aren't ICOs like that that weren't successful. There are some but most of them are pretty loaded right from the start like ICN and VSL.

So: If an ICO can't even afford a campaign manager or a good design for their ANN thread or for their bounty thread, the owners most probably are broke in real life and are trying their best to scam people. ICO is the new nest of scammers.

But keep in mind that there are scammers that are willing to spend some money at first, pretend to be legit, and do a lot of work just to scam people off. In their mind, that's their capital and there would be ROI right before the launch date of their ICO when the solicitation has finished.

I agree with you . These days many people are scamming through ICO's . And when they reach their target amounts the developers will just vanish with the investors money . I must say that ICO's are a very risky investment and I would rather invest on the proven ones . Just like what the other guy said even though the profit is small if we can benefit from it then its good . It should not be considered a passive income in the first place it doesn't require a little effort .

And also it is suspicious if their ANN thread is self-moderated cause the majority of the scam icos are self-mod and if there is nothing new in the coin . Every coin must have at least one unique feature otherwise its just a mere copy/paste .


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deisik
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January 25, 2017, 06:54:44 PM
Last edit: January 25, 2017, 08:54:24 PM by deisik
 #940

You could lend BTC at Poloniex. The profit is small but at least it has profit.
Yeah that is also a passive income but it will not be worthful for a person to live with with that he will also need to do any hard work to earn some more money to support his family and if he have a high amount of capital to lend then I will suggest to start a business with that money it wil give a profit for generations to you and you will not have any fear of defaulters.

Passive income doesn't necessarily have to come like heavy drops of rain, what matters the most is that the tap keeps dripping after the initial hard work. I am seeing this prospect at Poloniex as much more reliable than the conventional lending of money, because at Poloniex, it is entirely passive income and much more secured. one can make a business out of it, by raising some huge amount and investing here at moderate rates and that is sure to be better than the ridiculous interest banks offer on deposits.

Technically, I agree with you

I never loaned out at Poloniex, and it may in fact be more profitable than the "ridiculous interest banks offer on deposits" (though this remains to be seen). Nevertheless, you forget a very important factor, namely, that Bitfinex was doing exactly the same, and most likely they had started marginal trading (since that's what lending at an exchange comes down to) even before Poloniex. So, on the whole, I wouldn't be that fascinated at this form of passive income, and still less consider it as "much more secured"

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