Passive Income

[Dudeperfect]

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

Fortunately, newbies try to make FREE money when they can earn 10X than free money using their skills and talent. I have seen many newbies wasting their time in bitcoin faucets and like similar stuff. Faucets are good to get initial bitcoins in the wallet to learn about transactions and all but it's not worth it when it comes to the business. One can learn profitable skills from the internet by giving some valuable time.

[jaysabi]

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

What do you mean by a public officer? It sounds like a paid post. It wouldn't be passive income if it's related to a duty.  It's also not an investment, so maybe I'm missing how it's relevant. Gauranteed rate is the less important of the aspects anyway. If you have to dispose of the investment to realize the gain, it wasn't an income. A passive income is a stream of payments that does not diminish the investment stake. Dividends are paid in cash or stock. In both cases, they are a payment on top of the investment. The gain doesn't come from disposing of the asset, in this is it markedly different from a capital appreciation gain which is only realized upon diminishing the initial investment. If you are paid dividends in stock, you can sell those shares without diminishing the initial investment stake. You can't do that with a capital gain. The only way to monetize a capital gain is to diminish the initial stake.

[death69]

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

Fortunately, newbies try to make FREE money when they can earn 10X than free money using their skills and talent. I have seen many newbies wasting their time in bitcoin faucets and like similar stuff. Faucets are good to get initial bitcoins in the wallet to learn about transactions and all but it's not worth it when it comes to the business. One can learn profitable skills from the internet by giving some valuable time.

I had to face with the same issues when I was a newbie. We have to sympathize to what they are doing because there is no one guide them in this field. They have no teachers, no upline, they have to walk by their own feet. Well, they will understand and earn more knowledge when time has passed. No one can be good in the beginning

[Dudeperfect]

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

Fortunately, newbies try to make FREE money when they can earn 10X than free money using their skills and talent. I have seen many newbies wasting their time in bitcoin faucets and like similar stuff. Faucets are good to get initial bitcoins in the wallet to learn about transactions and all but it's not worth it when it comes to the business. One can learn profitable skills from the internet by giving some valuable time.

I had to face with the same issues when I was a newbie. We have to sympathize to what they are doing because there is no one guide them in this field. They have no teachers, no upline, they have to walk by their own feet. Well, they will understand and earn more knowledge when time has passed. No one can be good in the beginning

Agree, The time is the best teacher for everyone (we learned and still learning day by day because we give some valuable time for it). I always advise newbies to spend maximum time in reading the posts of the experienced members because experienced members share their lessons for free which can save a lot of time and energy of the newbies by learning from the experience of the others.

[PaymyBills]

If you want a passive income i think you must need to work hard for your own gain and not to hope that other will help you all the time you must stand to your own feet and profit as much as you can

[rainingbitcoins]

If you want a passive income i think you must need to work hard for your own gain and not to hope that other will help you all the time you must stand to your own feet and profit as much as you can

If you work hard on it to earn money then it is not an passive income as you are investing your time into it the best way to get passive income is to invest it somewhere and get regular profits without putting your time and efforts.

[Prohodimec]

If you want a passive income i think you must need to work hard for your own gain and not to hope that other will help you all the time you must stand to your own feet and profit as much as you can

If you work hard on it to earn money then it is not an passive income as you are investing your time into it the best way to get passive income is to invest it somewhere and get regular profits without putting your time and efforts.

Yes you are right. But it will still need to make an effort. Constantly monitor the company where you have invested your money. Decisions are made and in case of danger to be able to quickly withdraw their money

[boyptc]

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.

Yes don't generate income, it's just like a matter of bonus when you will deposit to them. But there are banking services that you can have passive income to them, it's like you are going to lend your money to them and they are the ones that will look for the people that will borrow it for bigger interest rates.

[deisik]

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

What do you mean by a public officer? It sounds like a paid post. It wouldn't be passive income if it's related to a duty.  It's also not an investment, so maybe I'm missing how it's relevant. Gauranteed rate is the less important of the aspects anyway. If you have to dispose of the investment to realize the gain, it wasn't an income. A passive income is a stream of payments that does not diminish the investment stake. Dividends are paid in cash or stock. In both cases, they are a payment on top of the investment. The gain doesn't come from disposing of the asset, in this is it markedly different from a capital appreciation gain which is only realized upon diminishing the initial investment. If you are paid dividends in stock, you can sell those shares without diminishing the initial investment stake. You can't do that with a capital gain. The only way to monetize a capital gain is to diminish the initial stake.

I mean government (public) service (like that of a clerk in some department or ministry)

What I refer to here is that you get paid irrespective of what you do or whether you do anything at all (at least, as long as your senior officer doesn't think you are openly neglecting your duties). That's why ordinary people often consider government service as a sort of sinecure (i.e. "a job for which you receive payment but which does not involve much work or responsibility", as per dictionary). Regarding passive income from investments and not diminishing your investment stake (since that seems to be the corner stone of your second point), this is what I'm talking about precisely. By selling part of your investment, your stake may not diminish in dollar terms. For example, you bought 10 bitcoins for 200 dollars per coin so you now have 2,000 dollars' worth of bitcoins. Then Bitcoin price surges to 1,000 dollars per coin and you sell 8 bitcoins. But you still have 2,000 dollars' worth of bitcoins as before (2x1000=2000). What is it if not a passive income according to your own logic? Regarding dividends, you yourself set the condition (even as your major point) that there should be a fixed rate of return that is guaranteed, i.e. "the interest rate is known beforehand". Dividends are nowhere near that (they are not even guaranteed to be paid at all), but they are obviously a passive income by any means (which you yourself seem to agree with)

[Bitcoin0916]

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

I think it depends on the capital, the greater the course the more passive income. For a small example is a property business, I think there is no special skills, just bought the land, and then make the building and rent it then we get passive income.

[Wandering Soul~]

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

I think it depends on the capital, the greater the course the more passive income. For a small example is a property business, I think there is no special skills, just bought the land, and then make the building and rent it then we get passive income.

No. it's not just the capital that you need the most but your skills play a great role  too in your success, They should both come hand in hand together . The certain skills you need depends on what kind of business you want to do . It is still a business and managing it will not be easy especially if you are new to it . But the hardest thing in rental property business is finding and making tenants happy .

[1Referee]

I think it depends on the capital, the greater the course the more passive income. For a small example is a property business, I think there is no special skills, just bought the land, and then make the building and rent it then we get passive income.

It's not as easy as it looks. In order to purchase ground you must investigate all possible scenarios, which a few of them are; the type of ground, the location, the climate, who owns the ground (in case of the government owning the ground, chances are high that you can only rent the ground), all kinds of taxes, etc. Then you just have the ground. Next step is building something that will then help you in getting back your initial investment amount. It could take 20 or so years. Not something I personally look forward to.

[TastyChillySauce00]

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

I think it depends on the capital, the greater the course the more passive income. For a small example is a property business, I think there is no special skills, just bought the land, and then make the building and rent it then we get passive income.

Running a property business do require a special skill. You can't just buy land here and there without making some sort of analyzations, otherwise, you will be doomed. If you want to make a building and rent it, you must make a good planning and buy the right land which is near some special places then people will start to think that it's worth it to live there.

[bravehearth0319]

Hello everyone.

When I first started studying marketing and business the first suggestion I received from some successful people in my niche was to first establish a source of passive-income. For some this is placing ads on their personal website or otherwise capitalizing on their hobbies (e.g capitalizing on your forum hobbies with signature campaigns), and for others this means developing a product or service-solution which manages and sells itself.

Passive-income sources should be thought of as an investment. Like any kind of asset, it can be analyzed to determine whether your time-input is sufficient for your income-output. For example, if it takes you X hours a week to post on forums and you make $X.XX... maybe it would be more cost-efficient for you to learn a trade-skill, or take on some over-time, or make YouTube videos to promote your personal website or hobby. ¯\_(ツ)_/¯

Whatever it is you do, whether you manage an online-store or you post on BitcoinTalk forums on your weekends, share your knowledge with us so we can all support each other.

Shalom aleichem.

In this industry there is truly have passive income in cryptocurrency, We have 3 passive income that I can said here first is Signature campaign. There are campaign that has a long term project like 777coin, Yobit, Bitvest, Rollin and others but different pay rates to their participant. Second was Trading, you can earn here for if you exert effort on the exchange platform of course you need to buy coin first before you do trade, then the last one is Cloud mining, but its too risky ROI will happen on long waiting and sometimes it worst. So I would suggest never try this.

[Golftech]

Hello everyone.

When I first started studying marketing and business the first suggestion I received from some successful people in my niche was to first establish a source of passive-income. For some this is placing ads on their personal website or otherwise capitalizing on their hobbies (e.g capitalizing on your forum hobbies with signature campaigns), and for others this means developing a product or service-solution which manages and sells itself.

Passive-income sources should be thought of as an investment. Like any kind of asset, it can be analyzed to determine whether your time-input is sufficient for your income-output. For example, if it takes you X hours a week to post on forums and you make $X.XX... maybe it would be more cost-efficient for you to learn a trade-skill, or take on some over-time, or make YouTube videos to promote your personal website or hobby. ¯\_(ツ)_/¯

Whatever it is you do, whether you manage an online-store or you post on BitcoinTalk forums on your weekends, share your knowledge with us so we can all support each other.

Shalom aleichem.

In this industry there is truly have passive income in cryptocurrency, We have 3 passive income that I can said here first is Signature campaign. There are campaign that has a long term project like 777coin, Yobit, Bitvest, Rollin and others but different pay rates to their participant. Second was Trading, you can earn here for if you exert effort on the exchange platform of course you need to buy coin first before you do trade, then the last one is Cloud mining, but its too risky ROI will happen on long waiting and sometimes it worst. So I would suggest never try this.

if you can understand more about crypto you will able to survive with trading, knowing what would be the possible outcome of certain project will make you earn from that particular trade, if you can use your earnings coming from signature campaign and let your knowledge guide you on how to gain from tradings it can be qualified as good passive income weekly or monthly basis.

[target]

One thing that I can recommend to have passive income is that you upload some photos to youtube while you have some adsense channel set up on it. With that you can have income from google without doing much effort for every ads clicked by users on your youtube videos can get you to earn $.This is a good opportunity for everyone but having an adsense account though isn't easy these days.  Agasense account is very difficult to acquire because of the requirements they ask for publishers.  But it should be worth for you to have a passive income forever.

[RealPhotoshoper]

One thing that I can recommend to have passive income is that you upload some photos to youtube while you have some adsense channel set up on it. With that you can have income from google without doing much effort for every ads clicked by users on your youtube videos can get you to earn $.This is a good opportunity for everyone but having an adsense account though isn't easy these days.  Agasense account is very difficult to acquire because of the requirements they ask for publishers.  But it should be worth for you to have a passive income forever.

i always want to do that kind stuff such as an ads publisher etc .
it is really can gives you a good passive income but unfortunately for me looks like it wasn't my way.
have tried to be a good earner over there , nothing significant change , i got a very low earning , now i prefer to do invest on altcoin ( a reputable one ) and get a profit later in the future as my passive income.

[conected]

One thing that I can recommend to have passive income is that you upload some photos to youtube while you have some adsense channel set up on it. With that you can have income from google without doing much effort for every ads clicked by users on your youtube videos can get you to earn $.This is a good opportunity for everyone but having an adsense account though isn't easy these days.  Agasense account is very difficult to acquire because of the requirements they ask for publishers.  But it should be worth for you to have a passive income forever.

- This is a great idea, however difficult to succeed because too many people have known it. Just a few years ago, work with youtube and adsense bring us a huge passive income but because many people know about it, so the rules become harder and then it is no longer a potential market. But if we have creative ideas, it will become a very good source of income for us. This is not a simple work, do not try if you do not have the patience and passion

[Oralmat]

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

Fortunately, newbies try to make FREE money when they can earn 10X than free money using their skills and talent. I have seen many newbies wasting their time in bitcoin faucets and like similar stuff. Faucets are good to get initial bitcoins in the wallet to learn about transactions and all but it's not worth it when it comes to the business. One can learn profitable skills from the internet by giving some valuable time.

Brother, when someone is new in online earning through bitcoins, not many options are available to earn and most easy one is the faucet. Although it pays less but i think most of us have started their online journey through faucets. I  remember i used to spend a lot of hours on faucets and never feel tired.

[target]

One thing that I can recommend to have passive income is that you upload some photos to youtube while you have some adsense channel set up on it. With that you can have income from google without doing much effort for every ads clicked by users on your youtube videos can get you to earn $.This is a good opportunity for everyone but having an adsense account though isn't easy these days.  Agasense account is very difficult to acquire because of the requirements they ask for publishers.  But it should be worth for you to have a passive income forever.

- This is a great idea, however difficult to succeed because too many people have known it. Just a few years ago, work with youtube and adsense bring us a huge passive income but because many people know about it, so the rules become harder and then it is no longer a potential market. But if we have creative ideas, it will become a very good source of income for us. This is not a simple work, do not try if you do not have the patience and passion

I saw it on TV where a father just taking a video of her kid playing a toy and this kid tried to explain on the video about what this toy is and some stuff about it. They upload it on their youtube and now the kid is like a youtube sensation where toy manufacturer contact them so they give free toys for this kid and cash too just so the kid give reviews about their new toy releases. If i remember they first started with a doll and then later some fisher's toy and so on. 

Just imagine how easy their life had be come which they eventually bought another house with better studio for their youtube videos.