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Author Topic: Best way for steady income  (Read 335058 times)
bitbob82
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December 18, 2016, 07:13:57 PM
 #2021

Hello All,

What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.

Steady income more likely to be 'small & secure' than 'big & risky'.

Thanks,
BR Oinas
If no trading ,gambling and loan, all i can think is only investing to a well known company.
Maybe buy and sell could be one thing to have a steady income.
yes in fact it is very very difficult to get a steady income from bitcoin, i think the only possibility is to earn bitcoin from signature campaign, and onliy from a signature campaign you can get steady income.
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December 18, 2016, 07:52:51 PM
 #2022

I prefer a combination of trading and lending. Still it's difficult to have a steady income because of the unpredictability of the price.
The profit from lending maybe steady but it is too lower and what if the person who get loan escape away? so it is much risky. and the income from trade is not steady sometimes you will get the income and sometimes you will have to wait for a good time for the asset to get value.
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December 18, 2016, 07:59:34 PM
 #2023

Best way for steady income is for you to get a day job and start everything from there. In that way you would be certain that you'll have something in your pocket to get by everyday and to finance your investments in bitcoin or whatever things your heart desires.
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December 18, 2016, 10:02:55 PM
 #2024

Best way for steady income is for you to get a day job and start everything from there. In that way you would be certain that you'll have something in your pocket to get by everyday and to finance your investments in bitcoin or whatever things your heart desires.
That's the most convenient alternative, if the purpose is to obtain a stable income. It is possible to get good profits in crypto, but hardly the individual will achieve a stable income.
Even in the stock market this is something difficult to do, because prices constantly change and the market never stops.
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December 19, 2016, 05:14:40 AM
 #2025

The food business is one thing that never dies, everyone eat every day and of course it's nice if we the business of food. If you have no money I suggest to borrow money in the bank.
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December 19, 2016, 06:31:05 AM
 #2026

The food business is one thing that never dies, everyone eat every day and of course it's nice if we the business of food. If you have no money I suggest to borrow money in the bank.

It means it is outside bitcoin world, but that is a good way to have a steady income... I like your idea, man really eat most of the time so the tendency for your business to not success is low ( maybe if you put your stall on places with no people around )... The left over could also be consumed by the family as table food, so you could save on your food expenses every day...

Money isn't a problem when you want to open up a small scale food stall, you can borrow money from lending or there are cooperatives who lets everyone with business to borrow capital...
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December 19, 2016, 07:29:45 AM
Last edit: December 19, 2016, 07:49:42 AM by hulla
 #2027

The best way is to dare to borrow capital to the bank, and then use for real business or trading, but we have to be responsible to pay for it, certainly paid off when we can offer to borrow more.
Borrowing is not a good one thinking of the consequence cos you'll provide a collateral and if the business you invest the money into don't yield a good result? I don't see borrowing money and invest the money as a means of making a steady income mate.

This is not the best way for a stable income though. You need to be sure of the trading/investment that can return back that profit needed to incur the loan and the collateral along with proper profits. It seems more of a desperate attempt at making some money with a loan. You can get sued and tried if you cant pay it back in time and if the investment ends up being a fraud one to scam you.

Its better to invest in sectors which have been long standing and worth investing in, the type of investment referred to as HYIPs and ponzis which are obvious scammers - be careful of those.
Getting a loan and invest into cryptocurrentcy trade is even more than desperate attempt cos it could end up in some really bad. Unless, there's another means pr plan in securing the loan.

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December 19, 2016, 07:32:51 AM
 #2028

The best way is to dare to borrow capital to the bank, and then use for real business or trading, but we have to be responsible to pay for it, certainly paid off when we can offer to borrow more.
Borrowing is not a good one thinking of the consequence cos you'll provide a collateral and if the business you invest the money into don't yield a good result? I don't see borrowing money and invest the money as a means of making a steady income mate.

This is not the best way for a stable income though. You need to be sure of the trading/investment that can return back that profit needed to incur the loan and the collateral along with proper profits. It seems more of a desperate attempt at making some money with a loan. You can get sued and tried if you cant pay it back in time and if the investment ends up being a fraud one to scam you.

Its better to invest in sectors which have been long standing and worth investing in, the type of investment referred to as HYIPs and ponzis which are obvious scammers - be careful of those.
Getting a loan and invest into cryptocurrentcy trade is even more than desperate attempt cos it could end up in some really bad. Unless, there's another means to secure the loan.

True I don't think loan or borrowing of many to anyone is the option. Why not find a job or an extra work. Then save some and invest or trade in btc. Just by simply saving btc in wallet you can earn same with doing signature campaign.

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December 19, 2016, 07:38:18 AM
 #2029

The food business is one thing that never dies, everyone eat every day and of course it's nice if we the business of food. If you have no money I suggest to borrow money in the bank.

That will also depend on the location on where you are going to establish that food business. But I guess as long as there are people in your location.

And your food is not that exotic but needed by the residents then for sure that is going to click and will give you steady income.

Here in my country there are food parks that come out like mush room, they are everywhere.

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December 19, 2016, 10:55:28 AM
 #2030

That will also depend on the location on where you are going to establish that food business. But I guess as long as there are people in your location.

And your food is not that exotic but needed by the residents then for sure that is going to click and will give you steady income.

Here in my country there are food parks that come out like mush room, they are everywhere.
Food business is one of the great business for me like selling variety of meals. Well, I know starting a business is a job and is not easy but you can be a successful if you make things right. Having an eatery will let you survive in a long, it's our basic need. You don't have to buy in other stores just to provide for your tummy because you have it already free.

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December 19, 2016, 11:37:47 AM
 #2031

That will also depend on the location on where you are going to establish that food business. But I guess as long as there are people in your location.

And your food is not that exotic but needed by the residents then for sure that is going to click and will give you steady income.

Here in my country there are food parks that come out like mush room, they are everywhere.
Food business is one of the great business for me like selling variety of meals. Well, I know starting a business is a job and is not easy but you can be a successful if you make things right. Having an eatery will let you survive in a long, it's our basic need. You don't have to buy in other stores just to provide for your tummy because you have it already free.
Food business is cool business and it also one of the best way for making a steady income. But to make a steady income one must the right spot for the business with right varieties of food,drink etc. Actually, I was planning to do the food business,you know? Smiley

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December 19, 2016, 02:48:55 PM
 #2032

I tried trading. I tried lending. I tried selling stuff. I tried gambling. And I fully agree with your preference.
  • Gambling - Too risky. You might lost all your coins!
  • Selling stuff - Good. But you don't have unlimited stuff to sell to. So you can't call it "steady".
  • Trading - Good. The higher investment the better. Also choose a trusted trading company.
  • Lending - Good. Just beware of scammers. Evaluate your borrowers thoroughly.

About selling stuff, you ca always restock your item. So virtually we can say that it will have a continuous supply of items.  I wonder why a stable job is not included there.  RL job is the best way for steady income.  You have an employer and a contract that will secure your position on that job.  And you will have a fixed income monthly.

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December 19, 2016, 03:01:16 PM
 #2033

That will also depend on the location on where you are going to establish that food business. But I guess as long as there are people in your location.

And your food is not that exotic but needed by the residents then for sure that is going to click and will give you steady income.

Here in my country there are food parks that come out like mush room, they are everywhere.
Food business is one of the great business for me like selling variety of meals. Well, I know starting a business is a job and is not easy but you can be a successful if you make things right. Having an eatery will let you survive in a long, it's our basic need. You don't have to buy in other stores just to provide for your tummy because you have it already free.
Food business is cool business and it also one of the best way for making a steady income. But to make a steady income one must the right spot for the business with right varieties of food,drink etc. Actually, I was planning to do the food business,you know? Smiley

Food businesses like Hotels and bakeries can be profitable despite the competition if you are able to provide delicious and quality food for the best rates. Make sure that you don't compromise of cleanliness and you set your hotel in such a way that your customers can relax and enjoy when they visit your establishment.
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December 19, 2016, 03:24:19 PM
 #2034

Hello All,

What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.

Steady income more likely to be 'small & secure' than 'big & risky'.

Thanks,
BR Oinas

If you don't want to do anything and your bitcoin keep growing, first condition is huge amount of bitcoin, at least you need min BTC10 to invest on some sites such as casinos bankroll or exchanges that offered loans. Both of them are the common investment which are available on this forum and many people already involved.
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December 19, 2016, 03:57:52 PM
 #2035

I recommend getting a job. You know? Like adults have them.
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December 19, 2016, 04:08:59 PM
 #2036

Hello All,

What you think is the best investment to gain steady income in btc without actively doing anything?
So no trading/gambling/loaning etc.

Steady income more likely to be 'small & secure' than 'big & risky'.

Thanks,
BR Oinas

If you don't want to do anything and your bitcoin keep growing, first condition is huge amount of bitcoin, at least you need min BTC10 to invest on some sites such as casinos bankroll or exchanges that offered loans. Both of them are the common investment which are available on this forum and many people already involved.

the more bitcoin we have is more better because in future, we can see that our investment in bitcoin will make us to earning big money but we need to be patience. but you should remember that when you want to make investment, don't put all of your investment in one place, make in separate place so you don't have to worried.

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pealr12
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December 19, 2016, 04:20:51 PM
 #2037

I recommend getting a job. You know? Like adults have them.
Getting a job is the number option to have an steady income.  But some people even they have a  nice job ,they want  to have another way to earn extra income ,most often those family with lot of members,and youre the bread winner for them all.
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December 19, 2016, 04:44:17 PM
 #2038

If u want a steady income ,first u have to study well and be expertise in ur field then u can get a job and earn a lot of money .well to be honest i am studying electrical engineering and i think if i work hard from now on i will get a job with steady income.

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December 19, 2016, 05:48:50 PM
 #2039

I tried trading. I tried lending. I tried selling stuff. I tried gambling. And I fully agree with your preference.
  • Gambling - Too risky. You might lost all your coins!
  • Selling stuff - Good. But you don't have unlimited stuff to sell to. So you can't call it "steady".
  • Trading - Good. The higher investment the better. Also choose a trusted trading company.
  • Lending - Good. Just beware of scammers. Evaluate your borrowers thoroughly.

Trading is good but I don't agree you concerning it to be a means of making steady income as the topic says cos there can be a rise or fall of price which will affect the cryptocurrency you invested in.

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December 19, 2016, 07:47:57 PM
 #2040

All you have to have is miner buy a miner and install it at your home and wait until you get the amount you want, but for sure your electric bill will hit high where but then OP wants steady income but without actively doing anything, and I guess mining is for him.

Mining is never a good solution for an steady income because there you will have more headaches than how much you will earn in a month, because the expenses would be even more than what you earn or even if they are not higher but the profit you will get wont be worth the work you will have to do.
Yes, it is not easy to get a steady income from mining, in fact for mind you need a continuous supply of electricity, and then you have to compare the mined income and the cost of electricity, and I think most of the time they will not remain the same therefore the income from mining is not a steady income.
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