Generating Passive Income

[Digital_Lord]

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,

PoS coins are probably your best choice you can look for them and then decide in which coin you would like to invest however you are going to need a huge amount of capital so the growth of your coins is worth it, I do not know if you have a big sum of money but that can be an option, another option are casino tokens since they pay dividends to the holders after a certain amount of time.

Very right with POS coins but in the real sense, I would rather prefer trading a large amount than trying to hold a POS coin for the little amount I get from it, but for an investor that is really looking for something pretty passive without having to do much, it is a good way to go about it.

One sure thing is that you are having something steady but like you said, you can only enjoy it when you have much but in that case, your trust on the coin you are holding should be strong, considering it is a lot of risk to take.

[1714604720]

1714604720

[1714604720]

1714604720

[ronafurw]

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,

PoS coins are probably your best choice you can look for them and then decide in which coin you would like to invest however you are going to need a huge amount of capital so the growth of your coins is worth it, I do not know if you have a big sum of money but that can be an option, another option are casino tokens since they pay dividends to the holders after a certain amount of time.

Investing on PoS tokens is quiet a good selection to consider but same as you said it does require big amounts for you to feel up such profits in a matter of time and it is way more better than casino monthly profits and i can assure to that since i have tried out these two things. They both need big capital to feel up the profits but difference can really be felt but somehow a good tandem or choice when you are really seeking for passive incomes.

It is really a good pick, but if choosing any of these coins, you have to consider the risk involved when you are trying to go in big or possibly just spread the risk on some of them. We also have to consider the volatility risk involved in some of these coins, but for the long of it anyway, one way or the other, a good coin should have a good support with an increase in value over time. At least one good thing is that you get an increase without doing much.

[biboy]

It is really a good pick, but if choosing any of these coins, you have to consider the risk involved when you are trying to go in big or possibly just spread the risk on some of them. We also have to consider the volatility risk involved in some of these coins, but for the long of it anyway, one way or the other, a good coin should have a good support with an increase in value over time. At least one good thing is that you get an increase without doing much.

You are right, this is a better good source of income actually, just make sure you have the idea what passive income means, because passive income should be just another extra income don't make it as a source of income because if you made it is not passive income at all.

[CodyAlfaridzi]

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 don't think there are any legit passive income scheme. Most of them are just ponzi scheme in disguise and 100% will collapse eventually. For example, the biggest "lending scheme" that recently collapsed is BitConnect. I have known that it was just a ponzi right from the start, I don't know why people are still falling for it.

So, there's no legit passive income in crypto yet. If you really want it, find some legit one in fiat currency.

[jaredl]

If you are looking for passive income generation, you should look for staking coins.

NEO allow you to stake their coins to generate GAS which you can sell.

There are many other staking coins out there too. And Ethereum is also moving to POS in 2018, so that would also

allow you to generate passive income.


You could also run a masternode in coins that support this feature and be able to earn coins passively in running a masternode but the cost of doing so is getting exorbitant...

[Rasshemark]

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.I see with what you do, this is a long-term investment, and this will upset you, and always want to know that the coin has gone up or not, and you are always curious, my suggestion you better.

[traderethereum]

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.I see with what you do, this is a long-term investment, and this will upset you, and always want to know that the coin has gone up or not, and you are always curious, my suggestion you better.

I think we can generating passive income from the cryptocurrency especially if we have bitcoin and many altcoins because each price of the coin will increase higher in the long-term. so I think if they can have many coins from now, they are making a lot of money in the future. I don't think that they will upset especially if they decide to invest for a long-term because they already learn and know that in cryptocurrency, they can make money in two ways which are short-term and long-term so if they go with a long-term, it means they really make a lot of money in the future. and if you can learn from the history of bitcoin, from 2009 until now, how much percentage that bitcoin could reach? but this is for just people which really believe with bitcoin and not underestimate in bitcoin and they still hold on tight their bitcoin for a long-term.