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Author Topic: Generating Passive Income  (Read 3052 times)
Victor$
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March 07, 2018, 06:10:06 PM
 #241

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 that will be possible on investing your coins to a mining site. I am not sure if theres a passive way to make you proits grow. But maybe you can try on investment method.
I think it probably does. As far as i know, you cannot earn without doing work, so i guess it is maybe haed to earn passively by just investing in some investment plans, but first also you must research further about what you are actually entering like what you ar going to invest in. Aside from bitcoin, you can also have other cryptos as for long term investments example is ethereum, maybe it could help you someday.

You can buy a few altkoins and have a decent passive income. I do so.
No doubt it is good and effective way to get the smart income every month, buy bitcoin at right time and wait till it grow so fast, bitcoin has a lot of ways to make money as it can be use to invest in bitcoin, to trade with bitcoin, gambling and enjoying the free bitcoin money using the signature campaign and bounty campaign, choosing bitcoin as money making you will have to be careful as trading is risky way of money so be careful about it. I would suggest you to use bitcoin investment and to join the signature campaign.
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PizzaBTC
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March 10, 2018, 06:52:03 AM
 #242

It is not like banks that will give you interest LOL, its gonna stay still forever
No, it is not like it is going to stay still forever. Sure, for someone looking for passive, I feel it is even better trying to go the Proof of stake kind of way but in that case you will need some good capital and it is a lot of risk to take as well. I prefer just trading bitcoins in that case as the only thing required is knowledge, but considering that trading itself is a lot of job and you really need to be very careful, then I may say other options can be considered.

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March 10, 2018, 07:51:41 AM
 #243

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.

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March 10, 2018, 08:00:54 AM
 #244

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.

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biboy
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March 10, 2018, 01:47:09 PM
 #245


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.
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March 10, 2018, 02:08:59 PM
 #246

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,

Right now , it is all in Bitcoin because of how far it already reached in price. Being the strongest coin that sustained a lot of crashes, that is still the advisable investments you could invest to. You also got Ethereum, but you might need to keep building for your investment at that. As what you're totally asking which is the generation of passive income, you could also consider trading but you need first to build up your capital for that.

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March 10, 2018, 02:20:27 PM
 #247

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.
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March 10, 2018, 02:26:46 PM
 #248

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...


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Rasshemark
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March 19, 2018, 03:49:57 AM
 #249


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.
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March 19, 2018, 08:53:30 AM
 #250


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.
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