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Author Topic: Passive income from Bitcoin?  (Read 741 times)
jak3 (OP)
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March 24, 2018, 06:16:55 PM
 #1

As the title says, is passive earning from Bitcoin is possible nowadays. Let's face the facts mining is very much expensive for most of the users and I have encountered with many people who think they do not have any skill or do not want to learn any soon. There must be anyway by which you can make money by using most of your time by investing only once or by a little investment.
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March 24, 2018, 06:25:11 PM
 #2

As the title says, is passive earning from Bitcoin is possible nowadays. Let's face the facts mining is very much expensive for most of the users and I have encountered with many people who think they do not have any skill or do not want to learn any soon. There must be anyway by which you can make money by using most of your time by investing only once or by a little investment.
I just invested my time to earn Bitcoin and Altcoin most especially erc20 tokens because I don't have money to invest. I am participating in signature campaigns, bounties and airdrops but I spent my full time for now in sigcamp. Mining Bitcoin is good but not nowadays it needs much bigger capital and it is not that profitable these days due to some reasons like expensive electricity and hardware. I don't have a passive income right now but I am looking forward to have something like that in due time.



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March 24, 2018, 06:25:54 PM
 #3

Yea mining BTC is not economically viable but are people mining alts to
trade mined tokens for BTC?

Would signature campaigns and bounties be classed as passive income?

There is nothing for nothing, there has to be some human input in order
to earn an income.

R


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March 24, 2018, 06:39:42 PM
 #4

Just by investing Bitcoin you will get a passive income. Bitcoin is a financial asset that the value of it over time will appreciate instead of depreciated. So, I believe we can get a passive income from cryptocurrency.

Would signature campaigns and bounties be classed as passive income?
I don't think it classified as a passive income, both jobs require a work.
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March 24, 2018, 06:43:06 PM
 #5

As the title says, is passive earning from Bitcoin is possible nowadays. Let's face the facts mining is very much expensive for most of the users and I have encountered with many people who think they do not have any skill or do not want to learn any soon. There must be anyway by which you can make money by using most of your time by investing only once or by a little investment.

Well i think that you can earn a respectable amount of money just participating at some Bounty campaigns wich are a part of the ICO projects , so you can look for them if you want , just take in consideration that a goos part of them are scams so pay attention at the clarity and the quality of the informations that you read.You can invest too but you take a risk, it's not certain that you are making more money than you invested , so yes the first is more secure.

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March 24, 2018, 06:47:40 PM
 #6

As the title says, is passive earning from Bitcoin is possible nowadays. Let's face the facts mining is very much expensive for most of the users and I have encountered with many people who think they do not have any skill or do not want to learn any soon. There must be anyway by which you can make money by using most of your time by investing only once or by a little investment.
You already invested on Bitcoin which itself will give income soon,you no need to do anything just sell them when it reached high price.If you do anything with that bitcoin to earn money which iis not called as passive income.

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March 24, 2018, 06:50:32 PM
 #7

Yep, Bitcoin mining is very expensive for the moment, even the money spent for electricity is over cost. If you want to do mining, you should to try altcoins for it, because you can earn it from the mining of altcoins, so you can sell when the price rises and you can earn more profit than Bitcoin. Of course, you can also participate in signature campaigns on the forum for passive income.
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March 24, 2018, 06:59:29 PM
 #8

Earning bitcoin this days is not very easy compares to those days when the price is quite low. I bet if those shitty faucets that gave out a lot of bitcoin knew what the price would have become now probably they wouldn't have given it away. This days, you have to work very hard for every bitcoin you intend to have or buy it; there is no easy way to get it. Even most people aren't even giving it out for again. 2017 taught every cryptocurrency lovers to hold on to their btc because it might be worthing thousands in weeks or months to come (probably).
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March 24, 2018, 07:03:00 PM
 #9

As the title says, is passive earning from Bitcoin is possible nowadays. Let's face the facts mining is very much expensive for most of the users and I have encountered with many people who think they do not have any skill or do not want to learn any soon. There must be anyway by which you can make money by using most of your time by investing only once or by a little investment.
Passive income from bitcoin was only when the price of bitcoin steadily increased. It was in 2017. This year took away everything that people earned last year so passive income can always turn into passive loss. I don't like the notion of passive income at all. Under the rolling stone gathers no moss. For me, income is real only when you need to work to achieve it. Tales of passive income come up with scammers.
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March 24, 2018, 07:05:57 PM
 #10

As the title says, is passive earning from Bitcoin is possible nowadays. Let's face the facts mining is very much expensive for most of the users and I have encountered with many people who think they do not have any skill or do not want to learn any soon. There must be anyway by which you can make money by using most of your time by investing only once or by a little investment.

I always find passive earning to be a very interesting field to think about. When I think about passive earning, I want to say that it should be a form of income where you may not be making as much as if you were to work for 8 hours a day, but that often is not the case with cryptocurrencies. If you're investing, then you have to spend a good amount of your time looking at what you're putting your money into and doing research. However, with some other forms, such as signature campaigns, I think bitcoin can be considered a medium of passive income. So in general, I think it's just based on what method one is thinking about in terms of passive earning.

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March 24, 2018, 07:11:54 PM
 #11

I think that passive income from bitcoin is possible only due to mining. The other options in one way or another require you to be directly involved. However, today, mining is not accessible to everyone. This is a very energy-intensive process and in many countries it is banned. Therefore, mining is not an option either. I believe that in order to succeed in crypto-currencies, you need to be an active participant in the process.
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March 24, 2018, 07:16:56 PM
 #12

As the title says, is passive earning from Bitcoin is possible nowadays. Let's face the facts mining is very much expensive for most of the users and I have encountered with many people who think they do not have any skill or do not want to learn any soon. There must be anyway by which you can make money by using most of your time by investing only once or by a little investment.

There are some 3rd parties that will pay you interest for you to "lend" them you bitcoins, I know that some companies do this but it is usually small amount + you have to really trust them. What you can do else is try to build up blog, website, followers on social media and then try affiliate marketing.

If you are interested in investing with some altcoins to earn money I can sugest coins with dividends that will pay you off if company/platform is doing well. Something like kucoinshares, coss etc. Other thing is to buy crypto like NEO which produces gass or try steem as there are many ways there to make passive income through delegation and voting bots (although cashing out might take you time to do so there), POS coins etc.

Altough getting passive returns from altcoins have their own risks as it is tied to it's own price fluctuations and maybe sometimes you will accumulate more in particular cryptocurrency but on the other side price might be dumping so you have to calculate the risks here.

You already invested on Bitcoin which itself will give income soon,you no need to do anything just sell them when it reached high price.If you do anything with that bitcoin to earn money which iis not called as passive income.

It's not passive, you buy or earn bitcoin and simply hope that price will go up and give you more in the long run, but it's not guaranteed profit that you can generate.
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March 24, 2018, 07:18:37 PM
 #13

As the title says, is passive earning from Bitcoin is possible nowadays. Let's face the facts mining is very much expensive for most of the users and I have encountered with many people who think they do not have any skill or do not want to learn any soon. There must be anyway by which you can make money by using most of your time by investing only once or by a little investment.

you can earn passive income by proof of stake coins. If you investmen is high you can make masternodes in coins like Dash.

Or more easily you can just hold Neo or Komodo and gain 5% annual profit. All you need to do is keeping the coins in the wallet

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March 24, 2018, 07:21:19 PM
 #14

As the title says, is passive earning from Bitcoin is possible nowadays. Let's face the facts mining is very much expensive for most of the users and I have encountered with many people who think they do not have any skill or do not want to learn any soon. There must be anyway by which you can make money by using most of your time by investing only once or by a little investment.

You can invest in blowing up a growing cryptocurrency. There are also many trust funds. You give them money and you get dividends.
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March 24, 2018, 07:22:33 PM
 #15

Passive income or residual income ? If you mean to make a little investment and have others like referrals working for you this is called residual income. You can earn this way from faucets. You can join faucethub.io and not spend much time by claiming yourself but advertising your referral link in different websites, a best way would be to buy a banners spot in freebitcoins.com website run by user BayAreaCoins here in the forum.

If by passive you mean really passive only buying bitcoin and storing it as store of value you may earn passive income this way but after some time not directly.

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jpespa
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March 24, 2018, 07:27:28 PM
 #16

Well there are many websites where you can earn passive income if you invest money on them but most of the time they turn out to be scam sites. Just buying bitcoin you can already consider it as an investment since the value of bitcoin changes from time to time if you just hold it.

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March 24, 2018, 07:28:41 PM
 #17

Passive income or residual income ? If you mean to make a little investment and have others like referrals working for you this is called residual income. You can earn this way from faucets. You can join faucethub.io and not spend much time by claiming yourself but advertising your referral link in different websites, a best way would be to buy a banners spot in freebitcoins.com website run by user BayAreaCoins here in the forum.

If by passive you mean really passive only buying bitcoin and storing it as store of value you may earn passive income this way but after some time not directly.

Faucets are waste of time to try to earn from them by affiliates, they pay small amounts to people anyways. I am not sure if it is worth the time tbh
tylerderden
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March 24, 2018, 07:34:54 PM
 #18

As the title says, is passive earning from Bitcoin is possible nowadays. Let's face the facts mining is very much expensive for most of the users and I have encountered with many people who think they do not have any skill or do not want to learn any soon. There must be anyway by which you can make money by using most of your time by investing only once or by a little investment.
Investing once is not at all a good idea as the condition of the market is different from time to time, so it's best to invest every fixed period of time like weekly or monthly, for most people weekly investment is a little bit hectic as people get salary monthly so what we must do is take a little chunk from that salary first and invest it.
That's because most people think of investing at last and first try to do all other work, when the turn of investment comes they are left with no money at all to invest, so first invest periodically and then do other stuff.
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March 24, 2018, 07:45:49 PM
 #19

It's quite easy to make a passive income here if you really pay attention.
You can try:
1. Day trading. Since Bitcoin market fluctuation is quite big, you can utilize it into a simple trading. Buy low sell high. BUT do this if you really know what you're doing. Otherwise you will loose A LOT. Be careful!
2. Setup mining rigs. But you need a bigger investment in the beginning and some computer literacy.
3. Join the bounty campaign.
4. Offer your service to helps others and get pay in Bitcoin in return.
5. Profit?
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March 24, 2018, 08:36:50 PM
 #20

mine does take a lot of time to produce bitcoin.
If investing, indeed with a short time we can get bitcoin, but it all depends on the project that we will invest. If the project is successful then we will get a big profit for sure
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