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.