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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 81731 times)
traderMax
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February 24, 2017, 09:43:13 PM
 #1161

Rent income is not a good passive income. Property tax, building costs, etc. You need to think about expenses like.
Operating the money is the most logical method. So standing money does not make much use to you. By using different investment tools, you can grow your money even more.
A trading system that works independently from you is the best passive income.
rent income in my country is very profitable.

 sometimes you need to take risks for getting some proffits, and that could mean losses sometimes

Which country do you live in?

Rent income can be considered as passive income. But when you rent the house you can not use the house money anymore.
For example, the value of your home is $ 1 million. You get $ 5,000 in monthly rental income. You get $ 60,000 a year.

But you can evaluate 1 million dollars with different investment tools. It can earn you more than 60 thousand dollars.

That money can definitely be invested in a way that will generate you a better return, but you then for example need to start trading (could be stocks or Bitcoin), which then can't be called passive income anymore. Or you need to find something else that will generate you better returns every month. $60,000 per year is 6% in gross returns isn't all that bad. Much better than having that same money sit in your savings account for a poor below 1% interest rate.

I wrote 5 thousand dollars as a round account. Normally the rent value will be lower than this.
You will also have to pay an annual tax for the house. The house is in the way of wear and tear. You have to pay for whitewashing and renovations at tenant changes.

Instead of keeping the money steady, using it is a more logical choice. It would be more accurate to run the money and earn money from money.
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February 24, 2017, 10:23:05 PM
 #1162

what are the options for digital passive income? lending to poloniex? POS coins?  Bitcoin bank?

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sunsilk
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February 24, 2017, 10:44:04 PM
 #1163

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.
i think gambling or casino sites are very risky there is a lot of people lose their bitcoin in huge amount through gambling you should invest your bitcoin in other project or in trading i think trading in bitcoin or altcoin is much more profitable than gambling. 

He is pointing out about using the profit into something reasonable. And he is pointing out that investing in casino's not gambling in them.

ICO's are good but they are not passive because what will happen after the project and the devs decided to stop supporting that project.

There are a lot of projects that are doing that.

It's because these "devs" are just here to pretend that they're doing something about their coin. They pretend like they are doing their best to promote the coin after the ICO blah blah blah but in reality, they are ready to get out of the scene any time that they wanted. They are just letting the coin die slowly just so they can say "Oh, the coin was a failure" or some other lame comments that doesn't help at all revive their coin. They've already gotten the profit that they wanted, so they are too busy enjoying it instead of empowering the coin that they created.

ICOs are actually a passive income, but it's only for the devs. Sad but it's the truth nowadays. I'm not even going to be surprised if an ICO dev will run away all the funds right after the collection has finished.

It's really hard to think that ICO's can be passive income for us investors because after investing there you might get out of the scene already.

It is why many ICO's are coming because the devs know that they will get passive income from the good and potential investors.

Not knowing those investors are thinking also for the profit and passive income that they might get from it.

blockman
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February 24, 2017, 10:57:32 PM
 #1164

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.

Rent income is not a good passive income. Property tax, building costs, etc. You need to think about expenses like.
Operating the money is the most logical method. So standing money does not make much use to you. By using different investment tools, you can grow your money even more.
A trading system that works independently from you is the best passive income.
But if a person is able to spend some money in building a house etc and can afford the expenditure then he will get a better passive income because after renting that building he will not need to advertise much for that and he will get someone sooner and then will easily get the profit without any work.

Yeah what makes you think that rental income is not passive? You don't have to work for it and you'll just receive it monthly or semi monthly depending with the contract you got with the tenants. I find this type of business a very passive income I wish that I could have some units in the future since I don't want to work anymore.

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traderMax
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February 24, 2017, 11:30:14 PM
 #1165

what are the options for digital passive income? lending to poloniex? POS coins?  Bitcoin bank?

Passive income is a business model. It is a system set up independently of the money. After you install this system, you can get pay in the currency you want.
Doamader
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February 25, 2017, 12:06:27 AM
 #1166

what are the options for digital passive income? lending to poloniex? POS coins?  Bitcoin bank?

Ico arent nowdays anymore the best way to get a passive income, several shitty coins had used ico to scam and steal investors money. It would be easy try to build some project related to crypto world, being exchange, casino, dice, or something new. The easy way for those which has a lot bitcoin is using the lending service at poloniex and kraken.
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February 25, 2017, 12:30:36 AM
 #1167

what are the options for digital passive income? lending to poloniex? POS coins?  Bitcoin bank?


There are a lot of ways to get digital passive income. And those you have given are just examples of it. But what do you mean by bitcoin bank? But if you are still kind of new in terms of earning online. You need to know that even in youtube you can earn passive income and also with blogging with adsense, that can give you passive income.
By knowing that there are different ways of passive income, it will help you what to prioritize and do, of course you cannot focus in doing everything especially if not within your interest. Me, I don' have enough idea with digital passive income therefore I stay away with it as probably it's just a waste of my time, I would rather hold bitcoins as long term investment, whatever you call it (active or passive) but one thing I'm sure of, I will make a fortune on it.

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cryptocr
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February 25, 2017, 12:41:31 AM
 #1168

Hi guys I honestly don't know if it has been mentioned here before but  I have found that the Burst coin Asset market is great for making passive income. Meaning you can purchase shares, trade shares and also keep shares for weekly or daily dividends.  Currently the asset market has a bunch of great daily, weekly and monthly paying assets!

I personally have invested in assets which involve GPU mining and are run and manage by trusted community leaders.

This is also a great time to buy Burst and invest in it because its currently low due to the bitcoin run we have seen.  Burst coin is also one of the few coins that can be mined with HDD so that's also a great alternative to mining since your HDD does not draw much power.

My current favorite asset so far is Uniburst its pretty new and shares are moving fast and at great prices. So if your are looking for a short mid term good investment vehicle this Asset is a great opportunity right now.

https://www.burstnation.com/wbb/index.php?thread/524-asset-pre-release-uniburst-the-burst-universe-asset-crowetic-managed-multi-facet/&postID=10471#post10471

more info on Burst:

Burstcoin Forum: https://www.burstnation.com/wbb/

Cheers!
BALIK
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February 25, 2017, 03:05:23 AM
 #1169

what are the options for digital passive income? lending to poloniex? POS coins?  Bitcoin bank?

There are a lot of ways to get digital passive income. And those you have given are just examples of it. But what do you mean by bitcoin bank? But if you are still kind of new in terms of earning online. You need to know that even in youtube you can earn passive income and also with blogging with adsense, that can give you passive income.
It's not easy to get passive income on Youtube. You must have a popular niche and legit videos before you can get many views, I suggest gaming niche since it's very popular these days. Just play League of Legends or Dota with your girlfriend or friends, I'm sure it will gain more views if your play is good.

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February 25, 2017, 03:24:43 AM
 #1170

what are the options for digital passive income? lending to poloniex? POS coins?  Bitcoin bank?

There are a lot of ways to get digital passive income. And those you have given are just examples of it. But what do you mean by bitcoin bank? But if you are still kind of new in terms of earning online. You need to know that even in youtube you can earn passive income and also with blogging with adsense, that can give you passive income.
It's not easy to get passive income on Youtube. You must have a popular niche and legit videos before you can get many views, I suggest gaming niche since it's very popular these days. Just play League of Legends or Dota with your girlfriend or friends, I'm sure it will gain more views if your play is good.
A great idea indeed, but, it is really hard to have many viewers it takes time and more effort so you are worth to watch otherwise your just ignored. Why not do trading instead? Or rather do trading at the same time while doing youtube. A lot of opportunities out there if we really wanted to. Just always keep an eye.
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February 25, 2017, 03:51:24 AM
 #1171

To have a passive income we need to focus on building assets. But this requires capital. We can still have a passive income without a big capital, by creating a blog then sell goods, online courses, join affiliate programs, selling e book or rent out advertising space.


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FLoving
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February 25, 2017, 10:08:05 AM
 #1172

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.

Rent income is not a good passive income. Property tax, building costs, etc. You need to think about expenses like.
Operating the money is the most logical method. So standing money does not make much use to you. By using different investment tools, you can grow your money even more.
A trading system that works independently from you is the best passive income.
But if a person is able to spend some money in building a house etc and can afford the expenditure then he will get a better passive income because after renting that building he will not need to advertise much for that and he will get someone sooner and then will easily get the profit without any work.

Yeah what makes you think that rental income is not passive? You don't have to work for it and you'll just receive it monthly or semi monthly depending with the contract you got with the tenants. I find this type of business a very passive income I wish that I could have some units in the future since I don't want to work anymore.
In your first sentence if you are replying to me that make sure that I am of the view that rental income is a complete passive income because I also know that you do not need to work for it but only in the start and after getting started your building the rent to you. You do not need to do any work.
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February 25, 2017, 01:09:51 PM
 #1173

Want to have passive income, the most important thing is you must have capital. A lot of work to create passive income such as deposit in the bank, you will get interest rates every month or do real estate business. You can also do a service for hire or lend at interest, you should find out carefully. The rich believe in passive income, the poor believe in active income

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February 25, 2017, 01:31:19 PM
 #1174

I had some passive income sources like my investments on cooperatives in the company I am working right now, they offered investments opening fixed amount from every salary deductions. This generates profit annually at around 14% every year and best benefit is i have also a patronage dividend being received. If we adopt this way from bitcoin earnings you have and invest it in another options that also earns bitcoin, well surely bitcoin will grow of its value and this how passive income works.
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February 25, 2017, 01:51:39 PM
 #1175

Want to have passive income, the most important thing is you must have capital. A lot of work to create passive income such as deposit in the bank, you will get interest rates every month or do real estate business. You can also do a service for hire or lend at interest, you should find out carefully. The rich believe in passive income, the poor believe in active income

Yes having a passive income needs to have something to get from your pocket. And there's no such passive income without investment involve. And depositing in the bank is not going to be passive income because it will just give you small amount of interest from your money. Real estate business is more reliable to have passive income.
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February 25, 2017, 02:05:52 PM
 #1176

Want to have passive income, the most important thing is you must have capital. A lot of work to create passive income such as deposit in the bank, you will get interest rates every month or do real estate business. You can also do a service for hire or lend at interest, you should find out carefully. The rich believe in passive income, the poor believe in active income

Yes having a passive income needs to have something to get from your pocket. And there's no such passive income without investment involve. And depositing in the bank is not going to be passive income because it will just give you small amount of interest from your money. Real estate business is more reliable to have passive income.
Deposits in banks practically do not generate income because the interest on which increases your contribution destroys inflation. The crisis of 2008 has shown that the myth of the return on real estate does not work. Passive income is a fairy tale. To have the income you need to work.
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February 25, 2017, 02:45:41 PM
 #1177

Want to have passive income, the most important thing is you must have capital. A lot of work to create passive income such as deposit in the bank, you will get interest rates every month or do real estate business. You can also do a service for hire or lend at interest, you should find out carefully. The rich believe in passive income, the poor believe in active income

Yes having a passive income needs to have something to get from your pocket. And there's no such passive income without investment involve. And depositing in the bank is not going to be passive income because it will just give you small amount of interest from your money. Real estate business is more reliable to have passive income.
Deposits in banks practically do not generate income because the interest on which increases your contribution destroys inflation. The crisis of 2008 has shown that the myth of the return on real estate does not work. Passive income is a fairy tale. To have the income you need to work.
Banks can only gives you 1% of your deposit when you are going to invest to them but if i will choose i will probably choose the best one who already had names that can safe with my money. Passive income needs business that will costumers back to you because of your unique items or other things that you will to them. Passive income is not a fairy tale it's real when you hard work for it.

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February 25, 2017, 04:33:08 PM
 #1178

Want to have passive income, the most important thing is you must have capital. A lot of work to create passive income such as deposit in the bank, you will get interest rates every month or do real estate business. You can also do a service for hire or lend at interest, you should find out carefully. The rich believe in passive income, the poor believe in active income

Yes having a passive income needs to have something to get from your pocket. And there's no such passive income without investment involve. And depositing in the bank is not going to be passive income because it will just give you small amount of interest from your money. Real estate business is more reliable to have passive income.
Deposits in banks practically do not generate income because the interest on which increases your contribution destroys inflation. The crisis of 2008 has shown that the myth of the return on real estate does not work. Passive income is a fairy tale. To have the income you need to work.
Banks can only gives you 1% of your deposit when you are going to invest to them but if i will choose i will probably choose the best one who already had names that can safe with my money. Passive income needs business that will costumers back to you because of your unique items or other things that you will to them. Passive income is not a fairy tale it's real when you hard work for it.
Investing in bank is the silliest thing you can do in your entire a life. Not only they can still our money but also frozen your account and do not let you withdraw. Moreover, the interest which banks offer is useless, it is the same as the inflation rate. Therefore, you will have nothing with this activity. However, it is still better than letting your money die at home lol





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The_prodigy
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February 25, 2017, 05:27:02 PM
 #1179

It can possible that income from bitcoin and from business are good when you are good in business you can make profit from it but if you dont have any experience on business try to attend on seminars bitcoin can be passive income when you had miner and when you can earn profit daily from trading and other things.
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February 25, 2017, 05:51:41 PM
 #1180

It can possible that income from bitcoin and from business are good when you are good in business you can make profit from it but if you dont have any experience on business try to attend on seminars bitcoin can be passive income when you had miner and when you can earn profit daily from trading and other things.

You are absolutely right. In order to do business requires certain skills. If a person can not do this, then his business will not be successful.
I believe that any business offline will not be a passive source of income
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