Passive income from Bitcoin?

[Ausgewielt]

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 is another way to gain passive income from cryptocurrency, mining tools is very expensive and the high costs of electricy and maintenance will reduce the income. Masternode can be a good solution for people who aren't not be able to do bitcoin mining due to the high rate cost of electricy in their countries.but since those masternode coin is only depend of the development of the project then we should be careful and always check the price.

[Lilmon]

Mining is only expensive in countries where the electricity cost is high, but i agree that BTC is a good passive income earner, and can and you even more money than the active source

[SiDtHeBeSt]

Well cryptocurrency trading mighy be a good option for income in such a case, but you need to have a lot of knowledge about cryptocurrencies for it. Also, even if you have a lot of knowledge, you might still suffer from a loss. So, the safest possible option would be to invest in a good coin and hold it for a long time.

[Doge dealer]

the mining of bitcoins is a capital intensive venture so for most of us that way will not work for us as we are low on cash at this point, however we can still participate in bounties to earn some tokens which we can with a little skill, and knowledge invest and trade and  eventual convert into bitcoins . if we need fiat we can then exchange these bitcoins into cash.

[danggoron]

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.

Moreover, income from bounty is not fixed, depending on the success of the project. Sometimes the payment is not timely. Mining is potential as passive income but maintenance and operational costs are quite large, as well as trading that is highly dependent on market conditions. So, cryptocurrency as passive income is less effective because there are many factors that make it unstable.

[MintDiceSupport]

Investing in crypto could be seen as passive income, especially if you implement some sort of strategies such as dollar cost averaging or laddering. Crypto index funds are also gaining a lot of buzz, maybe it's something it's worth reading into.

[lelangsabun]

yeah, i still doing my job and making a bitcoin as side job, that's realy good to earn some profitable from bitcoin
and sometime i just set it as a little investment for the future, getting to know it more profit then my real job, but still i need a lot of exprience if i want to become a full trader with bitcoin

[hartadiningrat27]

for me, is still need a lot of time to earn bitcoin, but i think slow but sure, with study and research more about it, i still don't have a profit
because my bitcoin not convert to a fiat
i really wanting to see bitcoin potential, and i belive that this stuff is a future thing

[belphegory]

There is another way to make income from BTC that is mostly passive....

You can try out Bmybit which has the Personal Automated Trading System which is very similar to a bot but more intuitive as it has up to 6 simulations\strategies it can run on each pair you want to trade in.

Please use my referral link : https://bmybit.com/?r=124303 (and this will give you 10 strategies instead of 3 when you signup)

I have personally made quite a bit on this system last year (unfortunately not as much this year due to the markets) and would recommend it highly. It requires you to only create your strategies once and then leave it. The new dynamic strategies are available to you from the get go and really make a difference when the markets go up or down as the strategies can adapt.

As with the other bots you need to install and run on your machine or a machine but with Bmybit you do not need to as its via their web interface which
is online and running 24/7.

Regards

[tannerchum]

I don't believe that income in bitcoin is passively coming but rather actively coming eventhough it run slowly it is okay rather than never. Right? We all knew that all of us waiting for the biggest profit but we can wait for the exact time to come along. We cannot determine when but we have the values of being patience.

[belphegory]

for me, is still need a lot of time to earn bitcoin, but i think slow but sure, with study and research more about it, i still don't have a profit
because my bitcoin not convert to a fiat
i really wanting to see bitcoin potential, and i belive that this stuff is a future thing

I fully agree! You know like in almost any futuristic movie or series....they only have 1 currency?? I think BTC\blockchain is the beginning of it.....

[ArnoldChippy]

yeah, i still doing my job and making a bitcoin as side job, that's realy good to earn some profitable from bitcoin
and sometime i just set it as a little investment for the future, getting to know it more profit then my real job, but still i need a lot of exprience if i want to become a full trader with bitcoin

Most of the wise people have the same strategy i think, that can easy mange both in one time, i myself have a  day job and still i can give good time to bitcoin trading, Investment in bitcoin for a long time can be consider as passive income. While the income that we can get from trading different crypto  currencies is not passive income. To me i personally not in favour of passive income.

[Zentor]

I do not know those types of incomes. Maybe some specific loaning? Most people receive incomes with an old scheme "buy cheap, sell expensive"

[boy130]

There's lots of ways to earn passive income with bitcoin, I'll list a few basic ones here, and you can research further;

1. Mining, doesn't have to be as expensive as you say if you buy used graphics cards. In fact, some stores have up to a 1 year return policy, so just buy the GPU, use it and return it!
2. Investment funds, you can deposit your funds into websites that lend it out, or exchanges that allow margin lending (e.g. Poloniex)
3. Invest in the bank roll of a dice or casino site.

[MakeMoneyBtc]

It is not possible to have a passive income from bitcoin because there are only a few ways to make money from bitcoin. There could be a very few ways but I am sure they are hard to find and make because even in real life its not easy to get a passive income and we are talking about bitcoin here wich is not so recognized globally.

[mostkey]

all right. for people who do not have the capital to invest, it's just enough to hoard all the income they earn from campaign and the like. collecting bitcoin altcoin and token is the most appropriate action to do for those who want to invest because believe me, the price will grow

[tonyosa]

Passive income from bitcoins? i make a few from bitcoin cloud mining service.It is a life time contract and i have already recuperated my capital.Although profitability has reduced significantly,i am HODLing the payouts till when bitcoin price recovers.It is amazing.I however would warn you invest on in companies with a good reputation and show evidence of mining,else you will caught -up in some ponzi schemes

[colvis]

well bitcoin have make earning very chip this days.. we get paid for just spending some hours on our system, pc, Ipad, phone.. etc.. the rate at which we get paid is far more better than the way civil servant are being paid here in my country.

[arrmia11]

That's true. Bitcoin mining is expensive especially if you are starting but it can give you a passive income. I have one now and I am still saving to buy more. Although I am doing bounties and signature campaigns, unlike in mining it is a fixed income already. What I can suggest is to learn more about bitcoin and altcoins by joining bounties and if you have enough knowledge and money to start with mining then go ahead.

[tonyosa]

Investing in crypto could be seen as passive income, especially if you implement some sort of strategies such as dollar cost averaging or laddering. Crypto index funds are also gaining a lot of buzz, maybe it's something it's worth reading into.

Please what are crypto index funds?please any useful link will be helpful