Generating Passive Income

[balanghai]

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.

Mining is not worth for try at the moment , IMO
I'm usually earn passive income from my speech on local forum since I've been trust as a speaker for bitcoin so yeah.. there is a lot way to earn bitcoin without spending too much expense

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[jaysabi]

you can read up on the POS (proof of stake) algorithm.
It is designed to reward people that hold (stake) a certain amount of altcoins for a certain time.

This way, you can create passive income, however, it's only a limited number of altcoins that use POS, if you pick an altcoin to stake, and you gain 10% in one year, but in the same time, the altcoin's price goes down 50%, you end up with more altcoins but with less actual value.

Theoretically, the POS interest you receive should make up for the inflationary loss of the value due to an increasing number of coins. Whether it's POS or POW, inflationary increases in the number of coins should decrease the value of the coin over time, UNLESS demand for the coins rises faster than the inflation. But viewing the PoS interest as free money doesn't make economic sense. Over long periods of time, it the total value of your holdings should be constant, even if you had more coins than before as the coins are worth less due to inflation.

[Bezobraznike]

you can read up on the POS (proof of stake) algorithm.
It is designed to reward people that hold (stake) a certain amount of altcoins for a certain time.

This way, you can create passive income, however, it's only a limited number of altcoins that use POS, if you pick an altcoin to stake, and you gain 10% in one year, but in the same time, the altcoin's price goes down 50%, you end up with more altcoins but with less actual value.

Theoretically, the POS interest you receive should make up for the inflationary loss of the value due to an increasing number of coins. Whether it's POS or POW, inflationary increases in the number of coins should decrease the value of the coin over time, UNLESS demand for the coins rises faster than the inflation. But viewing the PoS interest as free money doesn't make economic sense. Over long periods of time, it the total value of your holdings should be constant, even if you had more coins than before as the coins are worth less due to inflation.

   Jaysabi your comment is very good, that is something that holds me back from investing in some POS alt-coins. Some
people have nice income from POS alt-coins. I know that decision is on us but I would like to hear do you recommend
any POS alt-coin, or you think that its not worth the time and money? I could not understand from your comment
what do you recommend others to do.
   I am reading about POS/POW alt-coins for some time and they looks like good investment and with good amount
this POS/POW alt-coins can generate nice monthly income. It is hard to choose right one!

[Valkyria_Obscura]

Wow, I was not expecting this post to take off this hard. Thanks for all the replies guys, has been enlightening.

[Yamifoud]

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.

Holding your bitcoins doesn't give you a passive income and it doesn't make your money to multiply. Working your money beyond holding just like trading might give you more profit.
And talking about passive coins, it can be hardly to find since all of this are very vulnerable for changes anytime. Only we have to do is to give trust and be positive to generate profit from of what coin we have now.

[andrei56]

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.

The only problem is that if you have one bitcoin it does not matter if the price goes up or down you still have one bitcoin nothing has changed so if you want to increase the amount of bitcoin you have, you will have no other option but to trade or to lend your bitcoin.

[Chrystora123]

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?

there really is no guarantee that the coin you have invested gives you a passive income,
and if it gives you the advantage of luck one of the big ones.....

[Bagaji]

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,

Buying Bitcoin and hold for a while till its value appreciate before you sell is really a good way of generating passive income for yourself. And You can equally invest some altcoins and be making profit at the end of the day, especially when Bitcoin value is decreasing some altcoins will be increasing. So Op, try and research well to know more about the altcoins that will give you what exactly you are looking for in your investment pursuits.

[Raegorl]

There are 2 very good coins that have DPoS (delegated proof of service). What this means is that you keep your coins in your wallet and you vote for a delegate, and in turn they share a fixed % of what they forge (kinda like mining) with you. The coins are Ark and Lisk, with Ark paying out roughly 10%/year and Lisk a little bit less.

[mrcash02]

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.

Holding your bitcoins doesn't give you a passive income and it doesn't make your money to multiply. Working your money beyond holding just like trading might give you more profit.
And talking about passive coins, it can be hardly to find since all of this are very vulnerable for changes anytime. Only we have to do is to give trust and be positive to generate profit from of what coin we have now.

If you bought a Bitcoin for $6000 and sold it for $7000, consider $1000 a passive income... So I think holding worth much more than AltCoins passive income. We know the Crypto-Currency that get more value along the time is Bitcoin, then it's the best option to hold, invest and make deals (maybe one or another currency are good too, but not like Bitcoin).

I would think twice before holding my money in AltCoins just to receive passive income from this POS feature as it's very probable the AltCoin's price will stay stable, increase only a bit or drop hard while BTC is skyrocketing...

[JTTech]

Proof of Stake would be the way to make completely passive income off of a cryptocurrency. Check out the mechanics behind any PoS coin. I've learned personally that you need a pretty hefty amount of coins to really produce anything significant from them though. But it is passive regardless. You'de be better off learning about trading to make money with crypto. Obviously, that is not passive though. Personally it's a big goal of mine to establish a few passive sources of income even outside of crypto. Keep the money flowing!

[orions.belt19]

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.

Holding your bitcoins doesn't give you a passive income and it doesn't make your money to multiply. Working your money beyond holding just like trading might give you more profit.
And talking about passive coins, it can be hardly to find since all of this are very vulnerable for changes anytime. Only we have to do is to give trust and be positive to generate profit from of what coin we have now.

Yes, that’s true. Although holding is a good investment, it won’t generate passive income. Holding coins or one bitcoin won’t give you passive income but it would increase in value in the future. There’s a difference. The coin itself won’t multiply or increase. I guess another way for you to have some passive income would be to invest in other projects, because there you will get paid even without doing anything - thus it is passive.

[orions.belt19]

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.

Holding your bitcoins doesn't give you a passive income and it doesn't make your money to multiply. Working your money beyond holding just like trading might give you more profit.
And talking about passive coins, it can be hardly to find since all of this are very vulnerable for changes anytime. Only we have to do is to give trust and be positive to generate profit from of what coin we have now.

Yes, it’s true. Just holding your coins would not generate any passive income. Although that holding coins or one bitcoin would increase in value in the future, it is different from generating passive income because it would not multiply or increase the coin itself. There are other ways of generating passive income such as perhaps investing in a project - you would then be given some income even without doing anything - thus that is passive income. You could do this with other coins as well, just choose or invest wisely.

[StarofBTC]

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.

For passive income, investing in bitcoin is the best and one of the easiest way. According to my point of view investing in bitcoin is hundred times better than keeping your money in bank because by investing in bitcoin, it will give you a very fine profit over time.

On the other hand if you are keeping your money in bank so than you have to pay taxes and pay bank charges, which means it is reducing your money by some means.

[giga_999]

One of the good ways to generate a passive income is to pledge skills and time by giving feedback to the projects and get rewarded.

Crowdholding has started giving rewards in its tokens on its platform by creating its eco-system. product+custmer, direct dialog. You as a platform user give feedbacks to a project regarding their products and get rewarded with a token. you can check the tasks here

[andrei56]

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.

Mining is not worth for try at the moment , IMO
I'm usually earn passive income from my speech on local forum since I've been trust as a speaker for bitcoin so yeah.. there is a lot way to earn bitcoin without spending too much expense

Mining is always worth a try but only if you are able to meet three requisites, first you need to have a significant amount of money so you can buy the latest miners, second you need to have access to cheap electricity in your country, and finally you need to join a mining pool.

[ItsEzMkay]

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 these are coins that mine through either staking or through a masternode. The best coins generally give upwards of 10%+ interest in a year and this can make some good money on the side especially if the coin rises in

value as well!

[Lpim01]

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?

there really is no guarantee that the coin you have invested gives you a passive income,
and if it gives you the advantage of luck one of the big ones.....

Though it won't have any assurance for that but I'll give trust to my coins that it may give me something in return after all. Even though how potential is your coin, but if you don't work for it then there is nothing will happen.

Buying and holding potentially profitable coins is a great idea but be sure you have monitoring it's flow in the market place and you can sell it when it's price will go high.

[mmedinas]

For Generating passive income, I would recommend to Buy Trading bot like Gunbot and setup on VPS
for 24/7 Crypto Trading..

GunBot available at https://tradingbotpro.com

[PancherBitCoin]

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?

there really is no guarantee that the coin you have invested gives you a passive income,
and if it gives you the advantage of luck one of the big ones.....

Though it won't have any assurance for that but I'll give trust to my coins that it may give me something in return after all. Even though how potential is your coin, but if you don't work for it then there is nothing will happen.

Buying and holding potentially profitable coins is a great idea but be sure you have monitoring it's flow in the market place and you can sell it when it's price will go high.

and a very difficult moment in this matter is the choice of a project whose coin will have a trading potential. because if it's bad to take this issue, you will have to control only the real price drop and the collapse of investment.