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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 81721 times)
freedomgo
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February 18, 2017, 04:57:42 AM
 #1101

This is my strategies to do money online make a blogger and do the youtube ads videos you can earn real dollar there if theres many visitor on your blog make your blog look real and the content are true don't make lies on internet be a researcher don't leech others work and you will be fine on that Smiley After that convert it into bitcoin and start investing with altcoins or hold them Smiley
I also create a blog and youtube as my hobby and it was quite fruitful and I did not convert to bitcoin, you know now a lot of them create lies content on internet but they get a lot of traffic
There are many ways in which we can earn additional income, but these can't be considered as passive income. The millenials are so tech-savvy nowadays and makes full use of the resources provided to them. If only these things were around when I was younger, I would have made a lot more than what I have now. My main sources of passive income are stocks, which as of late, has been in the negative.
You can't bring back the time and your age is not a hindrance to learn the new technology now. In fact, you are just right on time knowing about bitcoin, it has a good potential to grow bigger, therefore we should be more focus with bitcoin now.

I believe we are risk takers here and that is because we only have limited resources, make use of it and take bigger risk that has a good potential to succeed. We must not be looking for other opportunity when bitcoin is in front of us already.

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tradingvadaje
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February 18, 2017, 06:25:24 AM
 #1102

Don't invest in risky stuff as passive income. With passive income you want a steady and secure income long term without thinking about it.

POS coins can be a good one in regards to crypto, but the coin itself can still be highly fluctuating.

Passive income can be generated with "money makes money" belief. However, it's not 100% true with mining and hyp strategies.  Shocked
hase0278
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February 18, 2017, 08:36:10 AM
 #1103

For now I don't have a passive income that I do since all involves risk. One of the less risky ways though that I know is via investing on gambling site's bankroll like what moneypot or crypto-games feature but it is still risky since if a player got lucky you lose some of your investment which is like playing a gamble passively. Also there's POS coins but there are big risk too since if it's price falls down, you won't get any roi at all.
Kemarit
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February 18, 2017, 09:03:37 AM
 #1104

Only passive income I can think of is that if you have build a establish
on-line business that allows someone to purchase something or allows
transactions and cashflows requiring only minimal effort to maintain.
I guess it also apply to bitcoin as well, if you have website that offer
bitcoin as payment then this will be passive income.

If bitcoin will be mass adopted I think a lot of website will used as
as option for payments. Its hard to consider gambling as means
of passive income because the risk are high same as investing in
any doubler or HYIP which we all know are scam. So start putting
website and accept bitcoin as payment then you will have passive
income.

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hawkins
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February 18, 2017, 09:24:00 AM
 #1105

for passive income, I prefer to look into trading or investment advice. however, it's all I do if I just needed the money. for the moment, I do not have any passive income, because maybe I was busy with personal affairs in the real world.
Fatanut
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February 18, 2017, 09:39:14 AM
 #1106

Preparing educational videos can be a good idea for passive income. You can publish it on sites like Udemy. Once you have created the content, you will have a passive income.

But I do not think you will make too much money. Good capital is required for a good passive income.
but I think you need a video that much for it. Well, it is not easy to seek passive income, but, I think this is not a bad idea, because so many people are getting passive income with the video, but by using youtube and google adsense. Well, if we work hard, for sure it would work.
Youtube is more and more terrible over years and they only pay a small money for people who upload their videos. That's why people prefer to use vine or rumble. As you can see, there are many Viners who earn thousands of dollar every month thanks to uploading videos on Vine. Therefore, working with Youtube is not a good idea at present


It's possible to earn good revenue when you create regular content for YouTube. Channels with 250-300k subscribers can earn 3-4k dollars a month.

Of course, the number of subscribers is not enough. You need to have a high rate of watching.
One of my friend decided to do the same thing like to create a youtube channel and upload his videos on that channel but after a longer tme he tod me that it is very hard to work on there and to collect some create videos and still he is earning nothing. I think it is better to create a blog and start earning from there with any good ad network.


If you want to earn money from Youtube, you need to be patient. You can not make money by uploading one or two videos. We need to produce content on a regular basis. You must upload at least 1 video every day[1]. If you can, upload 2 videos. You will not win much in the first 6-7 months. But then you will be a regular follower.

The actual gain will start after 6-7 months of time. Of course this time may be shorter. For example, you upload a video and you might be popular.

Youtube is a good way to make money today[2].

[1] Uploading 1 video a day is too much especially if you have other things to do. The only ones that I've seen so far that are able to post video every single day are vloggers which are just taking videos of their every day lives. Nothing especial about their videos, actually. It's just your normal "I went to mall" "I went to my friend's house" videos but they are fun to watch since it's as if someone's talking to you. Watching vlog videos is like going outside and having fun but all virtually.

Actual youtubers that have actual niche only post after a couple of days because they have to think of their next topic, prepare the set, shoot the video, and edit the video.

[2] But keep in mind that Youtube is not for everybody. For example, if you live a lonely and boring life, no one's going to watch your vlogs. Also, you have to be able to live with all the hate that you'll eventually get from Youtube comments.

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delliaerd
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February 18, 2017, 01:24:37 PM
 #1107

for passive income, I prefer to look into trading or investment advice. however, it's all I do if I just needed the money. for the moment, I do not have any passive income, because maybe I was busy with personal affairs in the real world.
Passive income isn't only come from online. if you have a lot of money you can rent some properties such as house or real estate. If you wants passive income in form of bitcoin, just convert fiat ( from renting properties ) into bitcoin. It seems apropriate for you because you didn't have time to do trading.
I think to own passive income we need big capital or skill.

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HabBear
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February 18, 2017, 04:16:33 PM
 #1108

Generating passive income alongside your "day job" is an important requirement to generating wealth and getting to the next level of economic achievement and happiness.

Here's a good article on how to build passive income: http://www.financialsamurai.com/how-to-build-passive-income-for-financial-independence/

Don't let the size of the passive income keep you from getting started. Everyone starts somewhere and much like the salary or active income you earn, the rate at which you on day one is much less than what you can achieve years into your career. Find channels to generate passive income and then figure out how you generate more within those channels.
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February 18, 2017, 11:24:57 PM
 #1109

For now I don't have a passive income that I do since all involves risk. One of the less risky ways though that I know is via investing on gambling site's bankroll like what moneypot or crypto-games feature but it is still risky since if a player got lucky you lose some of your investment which is like playing a gamble passively. Also there's POS coins but there are big risk too since if it's price falls down, you won't get any roi at all.

Geez, that sounds like one of the most risky things you could be doing. 1) The investment is denominated in a high risk, speculative asset (btc) that is extremely volatile. 2) You're then investing in a business based on a promise by the business owner. You have no recourse if your funds vanish due to fraud or negligence by the site owner. 3) Bitcoin casinos are not regulated, and gambling as an industry is more seedy and disreputable than general businesses, so the risk of fraud is higher than owning stock in a casino company. So what may appear like a "low risk" investment is actually far more risky than investing in most other types of businesses, but because of the type of business and the method of the investment.

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February 18, 2017, 11:29:15 PM
 #1110

for passive income, I prefer to look into trading or investment advice. however, it's all I do if I just needed the money. for the moment, I do not have any passive income, because maybe I was busy with personal affairs in the real world.
Passive income isn't only come from online. if you have a lot of money you can rent some properties such as house or real estate. If you wants passive income in form of bitcoin, just convert fiat ( from renting properties ) into bitcoin. It seems apropriate for you because you didn't have time to do trading.
I think to own passive income we need big capital or skill.

Not just capital or skill, but capital AND skill. Also, simply converting USD into btc would not be passive income. There's no income there, it's simply a conversion of value from one medium to another, in this case fiat dollars to bitcoin. Even if the value goes up, that's not an income, because it hasn't returned anything to you, it's simply the appreciated in value. Capital appreciation isn't income. An easy way to tell if something is an income or an appreciation is whether or not you have to sell the asset to realize the gain. For example, you buy bitcoins and the price of bitcoins goes up- you then have to sell your bitcoins in order to realize (lock in) the gain. If you have to sell to realize the gain, it's not an income.

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February 19, 2017, 12:07:46 AM
 #1111

I think to own passive income we need big capital or skill.

Not really. I personally started out by having a few sites set up that would solely function as ad money generating sites, which I connected to a few solid domains of mine. Sites were generating like $5-$10 per month in revenue per site, which isn't impressive at all, but at least it's money that's flowing into my pockets without any effort. Right now I am still having certain sites running for that purpose, but what gets me more passive income is that I allow people to rent certain domains I have. In the last 6 months, this form of passive income has brought me an average of $175 per month.
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February 19, 2017, 10:23:23 AM
 #1112

for passive income, I prefer to look into trading or investment advice. however, it's all I do if I just needed the money. for the moment, I do not have any passive income, because maybe I was busy with personal affairs in the real world.
Passive income isn't only come from online. if you have a lot of money you can rent some properties such as house or real estate. If you wants passive income in form of bitcoin, just convert fiat ( from renting properties ) into bitcoin. It seems apropriate for you because you didn't have time to do trading.
I think to own passive income we need big capital or skill.

Not just capital or skill, but capital AND skill. Also, simply converting USD into btc would not be passive income. There's no income there, it's simply a conversion of value from one medium to another, in this case fiat dollars to bitcoin. Even if the value goes up, that's not an income, because it hasn't returned anything to you, it's simply the appreciated in value. Capital appreciation isn't income. An easy way to tell if something is an income or an appreciation is whether or not you have to sell the asset to realize the gain. For example, you buy bitcoins and the price of bitcoins goes up- you then have to sell your bitcoins in order to realize (lock in) the gain. If you have to sell to realize the gain, it's not an income

I tend to disagree with this approach

But you may indeed totally discard my disagreement (I don't mind), but you can't possibly discard what most governments think on this. And they basically think along the same lines as I do. That is, they think that capital gains (which you refer to here) are legitimately taxable and consider taxation of these gains as an income tax. Thereby, you have no other choice but to admit that capital gains are income by any means. And what's more, it may well count as a passive income at that since the price of an asset changes without any activity on your part

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February 19, 2017, 10:40:53 AM
 #1113

I think to own passive income we need big capital or skill.

Not really. I personally started out by having a few sites set up that would solely function as ad money generating sites, which I connected to a few solid domains of mine. Sites were generating like $5-$10 per month in revenue per site, which isn't impressive at all, but at least it's money that's flowing into my pockets without any effort. Right now I am still having certain sites running for that purpose, but what gets me more passive income is that I allow people to rent certain domains I have. In the last 6 months, this form of passive income has brought me an average of $175 per month.

Definition of passive income is profit without having to work again, we have to do some work in the beginning. I agree with you, it is hard to expect passive income in significant amounts, except get a small amount from various sources that consistently generate profits. I have several blogs about history and mystery that generate monthly profits from advertising services. Not so difficult because only need to write original and quality content within 6 months. After that, just put ads on the blog, and I only have to post once a month.



 

 

 

 

 

 


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February 19, 2017, 11:07:03 AM
 #1114

Yes I make music and sound effects when I'm not busy with trading. My site is http://zimrmusic.bandcamp.com I've afforded some audio processing tools because of bitcoin!

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February 19, 2017, 11:12:37 AM
 #1115

Yes I make music and sound effects when I'm not busy with trading. My site is http://zimrmusic.bandcamp.com I've afforded some audio processing tools because of bitcoin!
Thats a good source of income in future and considered as a passive income.
But dont forget to maintain it and update it like the design to gain more traffic on it.
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February 19, 2017, 02:37:20 PM
 #1116

I would prefer to invest in online casinos from where I can generate passive income without investing my time and efforts and it will give me good income on regular basis apart from that would prefer to invest in real estate from where I can collect rent on monthly basis.
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February 19, 2017, 03:21:29 PM
 #1117

for passive income, I prefer to look into trading or investment advice. however, it's all I do if I just needed the money. for the moment, I do not have any passive income, because maybe I was busy with personal affairs in the real world.
Passive income isn't only come from online. if you have a lot of money you can rent some properties such as house or real estate. If you wants passive income in form of bitcoin, just convert fiat ( from renting properties ) into bitcoin. It seems apropriate for you because you didn't have time to do trading.
I think to own passive income we need big capital or skill.

Not just capital or skill, but capital AND skill. Also, simply converting USD into btc would not be passive income. There's no income there, it's simply a conversion of value from one medium to another, in this case fiat dollars to bitcoin. Even if the value goes up, that's not an income, because it hasn't returned anything to you, it's simply the appreciated in value. Capital appreciation isn't income. An easy way to tell if something is an income or an appreciation is whether or not you have to sell the asset to realize the gain. For example, you buy bitcoins and the price of bitcoins goes up- you then have to sell your bitcoins in order to realize (lock in) the gain. If you have to sell to realize the gain, it's not an income

I tend to disagree with this approach

But you may indeed totally discard my disagreement (I don't mind), but you can't possibly discard what most governments think on this. And they basically think along the same lines as I do. That is, they think that capital gains (which you refer to here) are legitimately taxable and consider taxation of these gains as an income tax. Thereby, you have no other choice but to admit that capital gains are income by any means. And what's more, it may well count as a passive income at that since the price of an asset changes without any activity on your part

I was imprecise. As I wrote my statement, I would agree with your disagreement. We were talking about passive income, and my statement should have said that if you have to sell the asset to realize the gain, it's not a passive income. Capital gains and capital appreciation are income. Just not passive income since there is no income stream, it's a lump value conditioned upon selling the asset, and appreciation is not guaranteed at the time of sale.

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February 19, 2017, 03:41:58 PM
 #1118

What about of POS coins? I think projects like Diamond (DMD) looks good but i'm not sure of try out. Anyone have some experience with POS coins?

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February 19, 2017, 03:56:57 PM
 #1119

for passive income, I prefer to look into trading or investment advice. however, it's all I do if I just needed the money. for the moment, I do not have any passive income, because maybe I was busy with personal affairs in the real world.
Passive income isn't only come from online. if you have a lot of money you can rent some properties such as house or real estate. If you wants passive income in form of bitcoin, just convert fiat ( from renting properties ) into bitcoin. It seems apropriate for you because you didn't have time to do trading.
I think to own passive income we need big capital or skill.

Not just capital or skill, but capital AND skill. Also, simply converting USD into btc would not be passive income. There's no income there, it's simply a conversion of value from one medium to another, in this case fiat dollars to bitcoin. Even if the value goes up, that's not an income, because it hasn't returned anything to you, it's simply the appreciated in value. Capital appreciation isn't income. An easy way to tell if something is an income or an appreciation is whether or not you have to sell the asset to realize the gain. For example, you buy bitcoins and the price of bitcoins goes up- you then have to sell your bitcoins in order to realize (lock in) the gain. If you have to sell to realize the gain, it's not an income

I tend to disagree with this approach

But you may indeed totally discard my disagreement (I don't mind), but you can't possibly discard what most governments think on this. And they basically think along the same lines as I do. That is, they think that capital gains (which you refer to here) are legitimately taxable and consider taxation of these gains as an income tax. Thereby, you have no other choice but to admit that capital gains are income by any means. And what's more, it may well count as a passive income at that since the price of an asset changes without any activity on your part

I was imprecise. As I wrote my statement, I would agree with your disagreement. We were talking about passive income, and my statement should have said that if you have to sell the asset to realize the gain, it's not a passive income. Capital gains and capital appreciation are income. Just not passive income since there is no income stream, it's a lump value conditioned upon selling the asset, and appreciation is not guaranteed at the time of sale

In fact, I understood that you likely referred to a passive income

But I still disagree with your stance on this matter. If you put your money in a bank and the bank pays you interest on this money, will it count as a passive income? I guess it certainly will. But let's assume that you can't spend money online and have to go to the bank office to withdraw your money with interest accrued. Does it change anything? I guess no, though you have to make some steps to get your money and income earned back. It is basically the same with an asset appreciation. The point is that you don't have to do anything for it to appreciate since it appreciates on its own. Indeed, you can claim that it is basically a form of prolonged trading ("buy low, sell high"), but what if you use a trading bot which does all the gory stuff for you and you just withdraw profits?

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February 19, 2017, 04:11:20 PM
 #1120

For now I don't have a passive income that I do since all involves risk. One of the less risky ways though that I know is via investing on gambling site's bankroll like what moneypot or crypto-games feature but it is still risky since if a player got lucky you lose some of your investment which is like playing a gamble passively. Also there's POS coins but there are big risk too since if it's price falls down, you won't get any roi at all.
invest in bankroll gambling sites can be a passive income for you. but the passive income it would be very risky because you may not be able to profit and earn income for a certain period right ?
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