Passive Income

[achow102]

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. 

HYIP strategies can also be profitable.
If a person has enough money for a serious investment, it can try to multiply them in HYIP. But it is dangerous

[jaysabi]

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?

Yes, it would be passive income as you surmised. For the bank example, it is different from capital appreciation because 1) there is a set rate of return that is guaranteed (the interest rate is known beforehand) whereas capital appreciation is not guaranteed, and 2) the gain/payment is recurring and pays on top of the asset, whereas capital appreciation is a one-time gain that only occurs when you dispose of or otherwise re-monetize the asset. For capital appreciation, the whole point that disqualifies it from being a passive income is that, even if it's appreciating, you cannot realize the gain without disposing of the asset. Passive isn't the determining word in "passive income"; income is more important, because capital appreciation can indeed (perhaps necessarily) be a passive gain as you have pointed out.

If you own a property that you rent out, you earn a passive income on it (the recurring rent payments), but you can also earn a capital gain on it if the value of the property appreciates. But that capital appreciation is not an income because the value gained is trapped in the investment until you monetize it by either mortgaging it to take advantage of the appreciation, or selling it to monetize the gain. Same for a security that pays a dividend: the dividend is a recurring income stream that you earn simply for owning the asset, but any appreciation of the stock is tied to the ownership of the stock and cannot be realized until the stock is sold. I do consider the recurring nature and non-ability to monetize without disposing an investment to be the most important aspect as to whether something is a "passive income" or not.

[Jannn]

HYIP strategies can also be profitable.
If a person has enough money for a serious investment, it can try to multiply them in HYIP. But it is dangerous

To the HYIP owner is profitable but not to the investor or user.
Its very risky in investing in HYIP because the HYIP owner can take your money in instant.

[Betwrong]

HYIP strategies can also be profitable.
If a person has enough money for a serious investment, it can try to multiply them in HYIP. But it is dangerous

To the HYIP owner is profitable but not to the investor or user.
Its very risky in investing in HYIP because the HYIP owner can take your money in instant.

I personally knew couple of people who profited from investing in high-yield investment program (HYIP). Pyramid schemes were very popular business models in the 90-s where I live. But of course I knew much more people who lost their money to those schemes.

If we are talking about a stable passive income, investing in HYIP is definitely a bad choice.

[ged00u]

HYIP strategies can also be profitable.
If a person has enough money for a serious investment, it can try to multiply them in HYIP. But it is dangerous

To the HYIP owner is profitable but not to the investor or user.
Its very risky in investing in HYIP because the HYIP owner can take your money in instant.

yeah it is true that you can never earn money from HYIP unless you are the manager. HYIP are very dangerous and it is considered as an illegal activity for many years which is based on the Ponzi scheme. And I have promised that I will never join this scheme because this activity will support this scheme and make it stronger everyday

[King Sastro]

My passive income I get is from rent the land to someone else, to have the land made me enough and don't need to work, every day I'm learning to stocks.

[TastyChillySauce00]

HYIP strategies can also be profitable.
If a person has enough money for a serious investment, it can try to multiply them in HYIP. But it is dangerous

To the HYIP owner is profitable but not to the investor or user.
Its very risky in investing in HYIP because the HYIP owner can take your money in instant.

That's right, some people might say that HYIP can be profitable if you know the right time to withdraw and the right time to invest, but, it's actually not true, the owner of the HYIP could easily make the website offline and run away with the money even before the first ROI were reached or the first withdrawal from the website. There's no point on risking your money into such kind of business that give you unworthy profit with very high risk which in my opinion as high as gambling.

[sunsilk]

My passive income I get is from rent the land to someone else, to have the land made me enough and don't need to work, every day I'm learning to stocks.

I do have also this type of investment and I'm getting my passive income through this type of source. I used to make my garage as rental space.

It is really a good way to get passive income, because when you got tenants. You got some cleaners on it for while getting paid for your space monthly.

This will always be the best passive income.

[onefinecoin]

Any income remains passive only for a certain time, everything will have an expiry when it will start requiring you to put in ur time or efforts else it will evaporate.

Some idea that come to my mind -

- Realestate would be 1st one
- Investing into a premium domain which has steady traffic
- Investing into cloud mining contract ( until they run away with ur money )
- Investing in some business as a sleeping partner, so ur partners do the work while u just hold ur ownership by investing

Crypto mining, gambling, trading are not at all passive incomes, they all require energy and time to maintain the steady flow of income.

[Xenophoto]

Any income remains passive only for a certain time, everything will have an expiry when it will start requiring you to put in ur time or efforts else it will evaporate.

Some idea that come to my mind -

- Realestate would be 1st one
- Investing into a premium domain which has steady traffic
- Investing into cloud mining contract ( until they run away with ur money )
- Investing in some business as a sleeping partner, so ur partners do the work while u just hold ur ownership by investing

Crypto mining, gambling, trading are not at all passive incomes, they all require energy and time to maintain the steady flow of income.

There could also be times when you're just an investor (shareholder, stockholder) and nothing else. You don't do anything about the company, other people do all the work in the company. Not all companies end up in the trash just like what's on your mind. For example, the early investors of Facebook. They never did anything about the project other than invest on it.

But as an investor, you have to put some work for your company even little things like mentioning the company to people that are interested, etc. Most of the time, though, shareholders and stockholders don't do anything at all except attending board meetings and whatnot.

[upsidedown75]

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. 

HYIP strategies can also be profitable.
If a person has enough money for a serious investment, it can try to multiply them in HYIP. But it is dangerous

HYIPs are a total scam never trust them unless if you are willing to lose your money, all the new sites are all scams, and the old ones are just not profitable no more the only way you could make a passive income is by learning a skill and working hard to earn that money not gambling or trading, it could be a lot faster and less tiring but it has many risks.

[freemanjackal]

what investments in gambling sites could be profitable

[freemanjackal]

what investments in gambling sites could be profitable

not a scam site, cause some days ago i made a deposit in minegate.org and they havent give me the buyed GH, or deposit btc in my accounts

[Zadicar]

what investments in gambling sites could be profitable

not a scam site, cause some days ago i made a deposit in minegate.org and they havent give me the buyed GH, or deposit btc in my accounts

You are fooled by your greediness which you do believe on those cloud mining sites because if you are talking about GH then thats already a mining term.We should really do remember that those investment schemes are just total scams and should not be considered to put our money on.

[deisik]

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?

Yes, it would be passive income as you surmised. For the bank example, it is different from capital appreciation because 1) there is a set rate of return that is guaranteed (the interest rate is known beforehand) whereas capital appreciation is not guaranteed, and 2) the gain/payment is recurring and pays on top of the asset, whereas capital appreciation is a one-time gain that only occurs when you dispose of or otherwise re-monetize the asset. For capital appreciation, the whole point that disqualifies it from being a passive income is that, even if it's appreciating, you cannot realize the gain without disposing of the asset. Passive isn't the determining word in "passive income"; income is more important, because capital appreciation can indeed (perhaps necessarily) be a passive gain as you have pointed out

Your points are in fact highly debatable

First, the interest being guaranteed is not actually important for a very simple reason, e.g. if you are a public officer you are more or less guaranteed as well to get paid once or twice a month. Does it make it a passive income? Obviously, it doesn't. In this manner, the fact that your payment (or interest) is guaranteed cannot be considered as a sufficient condition for a passive income. On the other hand, if you own some stocks and expect dividends to be paid every year, this without doubt would count as a passive income. But you are in no case guaranteed to be paid a fixed amount or just be paid anything at all at the end of the day. Second, you don't have to sell all your assets that appreciated since you can just sell only a part of them keeping their total nominal value at the same level (i.e. at which you acquired them). As to me, the profits thus booked could well pass as interest

If you own a property that you rent out, you earn a passive income on it (the recurring rent payments), but you can also earn a capital gain on it if the value of the property appreciates. But that capital appreciation is not an income because the value gained is trapped in the investment until you monetize it by either mortgaging it to take advantage of the appreciation, or selling it to monetize the gain. Same for a security that pays a dividend: the dividend is a recurring income stream that you earn simply for owning the asset, but any appreciation of the stock is tied to the ownership of the stock and cannot be realized until the stock is sold. I do consider the recurring nature and non-ability to monetize without disposing an investment to be the most important aspect as to whether something is a "passive income" or not.

See the dividend example above

[Harlot]

what investments in gambling sites could be profitable

not a scam site, cause some days ago i made a deposit in minegate.org and they havent give me the buyed GH, or deposit btc in my accounts

You are fooled by your greediness which you do believe on those cloud mining sites because if you are talking about GH then thats already a mining term.We should really do remember that those investment schemes are just total scams and should not be considered to put our money on.

None there is no such thing as investments in gambling sites.  The gamble or risk you are taking from the gambling site is way different from the risk of any investments in fact in gambling the risk is way higher than any investments you can think. That is why it is called gambling the money you place your bets on can be gone in an instant. In investing that won't happen because the risk can be controlled by you.

[sunsilk]

what investments in gambling sites could be profitable

There are a lot of reputable casino's where you can trust and invest your bitcoins like bitvest, safedice and kingdice.

But the possible profit you can get there will depend also on how much you are going to invest, so if you will invest higher.

The higher profit you can get and vice versa.

[cellard]

The favorites remain:

1) Real state that does not require any maintenance (such as parking spots, which is basically a rectangular spot of cement)
2) A highly ranked website that sells products, does not require much maintenance, sometimes next to none (the products must be sold in a way that doesn't require you to be there keeping track of unhappy clients and whatnot, I have heard people doing money on Amazon FBA and dropshipping but I have no idea how to rank stuff and get the money)
3) Highly ranked, high paying millionaire-viewed youtube videos, which will have guaranteed views monthly and hence get some cash from there

[xIIImaL]

what investments in gambling sites could be profitable

There are a lot of reputable casino's where you can trust and invest your bitcoins like bitvest, safedice and kingdice.

But the possible profit you can get there will depend also on how much you are going to invest, so if you will invest higher.

The higher profit you can get and vice versa.

You could try with bitdice casino, just join the chat room and collect the ideas and you can win. Just use your profits n gambling because personally i won't prefer gambling with our own earnings. Sometime we might feel due to failure. Hope for the good luck on it.

[richardsNY]

what investments in gambling sites could be profitable

There are a lot of reputable casino's where you can trust and invest your bitcoins like bitvest, safedice and kingdice.

But the possible profit you can get there will depend also on how much you are going to invest, so if you will invest higher.

The higher profit you can get and vice versa.

I have been reading that investing in bankrolls can turn out to be a profitable practice -- just to get an idea of the possible earnings, what if one invests 1-10 BTC in the bankroll of a reputable/highly trusted casino. What are the returns that can be expected and on what basis are you being paid? Also, can you withdraw your coins in case you think it's enough, or are your coins stuck in the bankroll for a certain amount of time?