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Author Topic: Generating Passive Income  (Read 3322 times)
richkellj
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October 22, 2017, 07:15:07 AM
 #81

Holding BTC is not considerably passive income, but rather a form of investment. I see projects that works exactly the way you are referring to which pay your for a certain period, eliminating staking which requires you to even open your devices (expensive electricity). Revenue sharing projects is what you are looking for, place your tokens and get dividends paid, COSS, Binance, Trueflip (not sure) tokens grants you shares of their profit every period and its literally passive income as you don't need to do anything, as it scales with the amount you invest.... then actually it's like FD or simply bank's interest i'm afraid.
Bitcoin is the best passive income that can help in time of need and those who are investing in it a minimum portion of their salary they will enjoy a worry less life in future and bitcoin Is the best investment that helps to manage expenses and investing small amount will generate huge revenue one day and as coming future is all about bitcoin and its joyful to receive regular currency in bitcoin.
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October 22, 2017, 07:24:13 AM
 #82

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.

I think we do not have to wait for passive income sources. We can make an active income by our ability, just hard work. Waiting for passive income is a boring job.

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October 22, 2017, 07:32:53 AM
 #83

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,

Freebitco is giving away passive interest on the amount of bitcoins you are holding on their site. Though small percentage but compounded interest daily added to your account is not bad either. All you have to do is not to gamble and keep on holding it on their site. It is one of the most trusted site since 2014 or so so I recommend you to check it out.
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October 22, 2017, 09:29:47 AM
 #84

Set up some Masternodes (many options but my cheap plug:  Solaris XLR  and ZEncash ZEN).
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October 22, 2017, 01:19:41 PM
 #85

for us to have passive income, right now, we must build up our wealth first, and then do invest, just like what we are doing now, bitcoin is giving us a positive capital gain and, for those who have had invested on bitcoin for years now, are already feeling the the fruit of the investments, given that bitcoin's value has rose over the years and is always making record breaking breaches, and just within this years, it broke a lot a targets, and will still continue its bull run. investing in bitcoin and seeing the capital gains, is already a passive income, trading bitcoins is also having passive income,  the definition of passive income, is that you are still earning even though you are not working, and in bitcoin, even though we sleep, bitcoin is still working, which we can say n advantage compared to the traditional stock market, since they have an opening time and closing time, however for bitcoin, the moment the value started to rise, there has no closed hours, the earning capacity is continues, i think what we should do is that we must first earn a lot of bitcoins as much as we can and then, try relax from time to time and in the moment, we would like to retire, with the capital gains that the bitcoin you have is gaining you are already living on interest, which is one of the promising traits of having a passive income.
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October 22, 2017, 01:36:09 PM
 #86

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,
Maybe by doing a massive campaign about the coins that will be created later. So enthusiasts will be interested to try it first after starting there is a significant coin movement certainly will not close the possibility that the coin can compete with various other types.

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October 22, 2017, 01:43:49 PM
 #87

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,
Masternodes and Proof of stake will be your best buddies for passive income, you have to buy alts which have masternode or proof of stake algorithms and they will generate passive income from staking rewards. You can check mnrank.com or masternodes.pro to see the status and which one you'll buy later.

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October 22, 2017, 03:41:44 PM
 #88

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 think, no coin or cryptocurrency is designed to generate income passively. What were seeing in bitcoin is the product of many investors and believers that are investing and holding bitcoins. Alt coins could also be like bitcoin as long as it has investors like bitcoin.
Right! It is either you work and get paid in bitcoin (which in itself is a passive income), and buy some altcoins from there hoping the value will increase later in the future just like bitcoin.
Buying and holding is not a passive way of making money as you are just hodling for a hope to have more value in future.

Passive income is what you earn for doing some work online and getting paid. And there are so many ways to do that from signature campaigns, bounty campaigns etc.
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October 22, 2017, 03:43:09 PM
 #89

You can also create cryptocurrency related websites.

https://codecanyon.net/item/bitcoin-faucet-list/20435722 for example, will earn you passive cryptocurrency.

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October 22, 2017, 03:48:26 PM
 #90

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,
You can invest your money with a few potential coin. Maybe you want to invest long, the best choice is still Bitcoin, then some altcoin like: Eth, Ltc, Waves, Ark, ....
You can buy altcoin now, but Bitcoin need wait for a time, now its price is too high.

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October 22, 2017, 03:52:12 PM
 #91

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.
you have make a good recommendation as the prove of stake make things easier to generate passive income. Most times also you can buy a good bots that can generate passive income for you by buying and selling some coins for you. There are also some tokens you can buy now and in few years from now you can generate passive income. We also should try and make a software that can generate passive income for us.
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October 23, 2017, 03:35:40 PM
 #92

I have not even heard it at all if there is definitely can be used as additional income later. I still often buy and hold various types of coins to make a profit and keep trying to follow various kinds of airdrop.
There are some websites like freebitco.in or crypto-games.net that gives you a certain percentage daily or weekly (very low though) and can be considered as something that can give you some good stuff if you have much of bitcoin anyway.

However, even though some of these sites have been around for long, it is still a risky way to invest, but if you trust them, you can leave your funds in your wallet there and let it be increasing, possibly, that increase might amount to something pretty huge in future. If you have skills you can offer, that is just the best way to earn something good.

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October 23, 2017, 05:01:39 PM
 #93

Well,  I think affiliate marketing is a good example of a passive income where you put some efforts and you get the returns after some period. However, passive income is not a permanent income, you have to keep putting efforts and you get returns for the work that you did earlier. Generating a passive income need patience in my opinion and you have to keep trying in multiple ways to find the best possible combination that brings most out of your efforts.
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October 23, 2017, 05:05:03 PM
 #94

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,
Hold bitcoin, the rate of return is much better compared to bank interest or gold. It's easily one of the easiest way to make money. Don't spend a lot on altcoins unless you are ready to face ups and downs, bitcoin's value has increased and has become better than Gold too.
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October 23, 2017, 05:09:27 PM
 #95

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,
Hold bitcoin, the rate of return is much better compared to bank interest or gold. It's easily one of the easiest way to make money. Don't spend a lot on altcoins unless you are ready to face ups and downs, bitcoin's value has increased and has become better than Gold too.

altcoins price and supply reduced when compare with the bitcoin dude.
If you hold the bitcoin or invest the bitcoin related platform means you will get the easy returns with in some months. This is happening due to the price volatiliy of the bitcoin. If you invest in bitcoin trading you will be able to make the money daily according to price changing time only.
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October 23, 2017, 05:14:34 PM
 #96

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,

Just hold bitcoin if you want to be rich one day but if you want to focus with other alt coins too try to look for those alt coins that has a big market cap or try to do your own background checking for each alt coin because most of them has future. But there are some alt coins that their devs are giving up that affects it so stick with alt coins that has better road map and white paper that's for reality.

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October 23, 2017, 05:56:17 PM
 #97

Mining cryptocurrency is also a passive income IMO.
The returns vary but depending on your power cost you should be able to ROI in 1-2 years.
It's a long term investment but a good one if you ask me.
I recently bought a mining rig with 18 Nvidia GTX 1060 6GB.
Im now mining zencash and i mine about 1 zencash each day.
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October 23, 2017, 06:00:39 PM
 #98

If you want to have a passive income then you should invest in real estate because if you will have a lot of properties like a multi-family home then you can have a rental business where you will rent your properties to other people and it will give you money every month and you can enjoy the life because you are not the one who is paying to the expenses but your money that is working for you.

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shinchan123
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October 23, 2017, 06:08:56 PM
 #99

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 think there are some cryptocurrencies created for passive income, you should try to invest in a real estate because it's one of the best way to earn a passive income. If you can invest a lot of bitcoin, you can earn a lot of passive income if you're going to hold it for a long time.
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October 23, 2017, 06:12:10 PM
 #100

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,
But it is better to invest in something that gives you the opportunity to earn a term and receive its yield from time to time rather than invest money and just wait for the market to grow.

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