Generating Passive Income

[alisafidel58]

You are right holding bitcoin is the easiest way for generating passive income but i dont think there will be other alt coin that can do that.
At the current rate of other coin is going on the market you may seem to profit but just a few dollars unlike just being focus on bitcoin.

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[gamalzour]

Hey folks,

I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?

Appreciate any replies,

It's true, however, since you can earn passive income, why not earn more income instead of waiting for your passive income. There's a lot of ways t earn bitcoin, you can join signature campaigns, trade and a lot more. It's good that people were able to discover bitcoin.

Now I got what the op is trying to know– he wants to know whether there is any coin that keeps on rising in price without falling (a steady increase in price) there is none like that. And that’s not a good way for a coin.

[ElizaZX]

Hey folks,

I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?

Appreciate any replies,

There are no such coins, and there will be no. Here the mechanics is simple. You need to do something to get the coin gaining a price, just so passively it will not yield an income. It can be sold to receive profit and buy again, but as interest in a bank, this will not happen. Although the idea of interest in the bank is interesting. The first bank is crypto currency!

[lordquanta]

You are right holding bitcoin is the easiest way for generating passive income but i dont think there will be other alt coin that can do that.
At the current rate of other coin is going on the market you may seem to profit but just a few dollars unlike just being focus on bitcoin.

I don't understand if someone is hodling the Bitcoin then how is a passive income generating from it. Passive income is something person gets on monthly, weekly basis without working actively for it. If you are hodling bitcoin for long then it is called as investment which will give you returns when you decide to sell them. Till that selling time, those bitcoins are not going to earn a penny for you. Their price or valuation will increase over the period of time. However increase of that price is not a passive income.  that In order to generate some income person need to cash out the profit without touching the base amount. Passive income is Like to put a house on rent to someone is passive income for landlord. Now compare the renting a house to holding bicoin, you are getting monthly rent on regular basis. However you are not getting any regular income from the bitcoin. Only benefit with hodling bitcoin is that in the long run the return will be huge.

[Gozie51]

Hey folks,

I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?

Appreciate any replies,

I'm not really sure if that's really possible passive income that they earn, just like other said, it's not a regular bank stuff. ALL this people holding btc is waiting for a perfect time to sell, I also believe that these people do have regular job aside from mining, holding btc. Just saying  

I don't think most people who are holding bitcoin are in regular jobs. Bitcoin and cryptocurrencies are big business. You can actually have a life time asset with this new found business that is spreading rapidly across the globe only that, one has to be meticulous not to be scammed or make a transfer to a wrong wallet.

Hey folks,

I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?

Appreciate any replies,

I do believe that many coins have the potential of being held and to give profit in future if one can wait. For instance, sic is doing well and has tripled in less than two weeks.

[Ewinsane]

You can invest in bitcoin for passive income. But better invest for a long time.
If you have a more money saving in bank, you can try invest bitcoin for your future.

Bitcoin is good, and by just funding your wallet it can be an investment. But if you’re going to rely on waiting for increase before you make some earnings, then it’s a waste of time. This doesn’t work all the time, it will only happen occasionally, so you have to wait if that’s what you want to be doing. I will prefer working and gaining what you need through other means like signature campaign.

[Fulmand]

You can invest in bitcoin for passive income. But better invest for a long time.
If you have a more money saving in bank, you can try invest bitcoin for your future.

Bitcoin is good, and by just funding your wallet it can be an investment. But if you’re going to rely on waiting for increase before you make some earnings, then it’s a waste of time. This doesn’t work all the time, it will only happen occasionally, so you have to wait if that’s what you want to be doing. I will prefer working and gaining what you need through other means like signature campaign.

To have passive income you must prepare into bitcoin in two strategy option of buying and holding because it was surely it can generate passive income on that. Just making sure you have extra effort of patient and exact time on monitoring the price value of bitcoin to have a perfect time in generating income.

[andrei56]

I know two 'methods' for passive income in crypto world:

1. Investing in casino bankrolls

2. Buying and holding POS currencies. There are few good around but the real deal will become in few month when ETH switch to POS.

Proof of stake is one of the easiest ways to make some passive income but you need to have a lot of money already invested in the coin and finally investing in casino bankrolls are a great idea but at the same time more and more casinos are choosing to create their own coins.

[el kaka22]

You can invest in bitcoin for passive income. But better invest for a long time.
If you have a more money saving in bank, you can try invest bitcoin for your future.

Apart from even holding for a long time, there are so many things one can do to earn passively. Definitely, you can save and watch it grow but how about watching even the amount of the bitcoin you have grow. I simply like the sound of that more anyway, so it is best you look for skills you can offer on the forum or on freelance sites and get to work. they pay, you do not have to use the whole day and once you complete your gis, you get paid.

[richardsNY]

Proof of stake is one of the easiest ways to make some passive income

It looks like so from a simple perspective, but what's this 'income' worth when it means that there are constantly more and more coins getting pumped into circulation? In easy terms, you gain a certain percentage annually, but you also have to accept that in the long term, the exchange rate is only going down as result of that. I always avoid coins with basically an infinite number of supply, because it can never end well in terms of holding long term value. But then again, since most people here only care about short term investments, the afore mentioned won't be that much of a problem I guess.

[prtty2gal2]

You are right holding bitcoin is the easiest way for generating passive income but i dont think there will be other alt coin that can do that.
At the current rate of other coin is going on the market you may seem to profit but just a few dollars unlike just being focus on bitcoin.

I don't understand if someone is hodling the Bitcoin then how is a passive income generating from it. Passive income is something person gets on monthly, weekly basis without working actively for it. If you are hodling bitcoin for long then it is called as investment which will give you returns when you decide to sell them. Till that selling time, those bitcoins are not going to earn a penny for you. Their price or valuation will increase over the period of time. However increase of that price is not a passive income.  that In order to generate some income person need to cash out the profit without touching the base amount. Passive income is Like to put a house on rent to someone is passive income for landlord. Now compare the renting a house to holding bicoin, you are getting monthly rent on regular basis. However you are not getting any regular income from the bitcoin. Only benefit with hodling bitcoin is that in the long run the return will be huge.

I thought I was the only one reading all those. Passive is more like something that you get more often and holding bitcoin is more like an investment for the long time. Generating passive income is not something that can be achieved with holding bitcoin. unless most people do not really understand what passive and most especially income means.

Income is like salary, pay or earnings from a particular thing you do and it is something that requires some work on your part. For example, trading, writing articles, managing campaigns, joining signature campaigns, handling a project etc are some of the things that are considered as passive income generators. Holding from an investment is totally a different ball game.

[bitofc]

ASIC mining for BTC, LTC, or DASH
GPU mining for many alt coins.

Running incentive full service node.
DASH, and NEM.
soon for Zcoin (XZC) and SYS.

[Redanim]

You can also deal with bitcoin mining or other cryptocurrencies, but for mining you will certainly have to spend a lot of money.  And besides bitcoin you also need monitoring stable cryptocurrencies such as etherium, litecoin, ripple, monero or other cryptocurrencies, at the moment, of course, there is nothing better than bitcoin.

[trinhdinhthang20007]

There is no actual passive income in online business models.
You need at least work few hours a day to get paid.

I agree with this view, I invest in altcoin and daily analysis to increase my BTC.

[killerfrost]

I believe that if you invest in Bitcoin or any other large amount of Altcoin that can help you make money without doing anything else, let's say it is passive income. However, everything has the downside of it, maybe you will lose money when investing or not profitable in the long run. So I do not encourage this to happen frequently, you still need a stable job

[trinhdinhthang20007]

I believe that if you invest in Bitcoin or any other large amount of Altcoin that can help you make money without doing anything else, let's say it is passive income. However, everything has the downside of it, maybe you will lose money when investing or not profitable in the long run. So I do not encourage this to happen frequently, you still need a stable job

In my opinion, investment is not a passive income. Auto income is built on solid systems and automatically generates profits. It requires the preparation of the system, such as a high-value, long-term famous book.

[StephenJH]

Passive income can be used for retirement or for any other purpose if you can collect them smartly. I mainly avoid from using hype projects which promise daily or weekly gains after some time. Better make your own research and decide by yourself.

[ettessuta]

Hey folks,

I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?

Appreciate any replies,

If you have extra bitcoins try to use POS will make high price (if you have Big amount of Bitcoins)

other wise get trust and make your own exchange site

[keenjester]

Hey folks,

I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?

Appreciate any replies,

Yes it is of course, but the thing is your profit will be less than investing in another ICO or surfing with Bitcoin's price. Buy it at low price and sell at high price. So with the same capital but you will earn more if you're doing that.

[trinhdinhthang20007]

Passive income can be used for retirement or for any other purpose if you can collect them smartly. I mainly avoid from using hype projects which promise daily or weekly gains after some time. Better make your own research and decide by yourself.

For me, I always pursue a project that serves the community, I build it, develop it so that when strong enough it serves me. I have a plan and a strategy to do it, it's great to be doing things that I'm passionate about with my own decisions.