Top 5 Ways to Earn Crypto While You Sleep

[JessicaVL]

Everyone wants to earn a little bit of extra crypto every now and then. I mean, there’s nothing wrong with building your portfolio. Still, for those of us without much time on our hands, earning crypto while we’re sleeping sounds like a dream come true. Luckily, that dream can very much be a reality! Let’s take a look at the top 5 ways to earn crypto while you sleep.

5. Lending
Crypto lending is a great way to earn while you sleep. It’s a method of generating income through crypto that has become increasingly popular over the last year, as many traders see it as a useful tool. There are essentially two types of crypto lending available to you:
Custodial: This is when a crypto lending site takes your money, lends it out to borrowers and pays you the interest.
Decentralized: A decentralized crypto lending service allows you to have far greater control over who you lend your crypto to.

Check out CoinLoan and Nuo.  

4. Bot trading
Crypto trading bots are a type of software program that is tied to cryptocurrency exchanges. They monitor the fluctuations of the market, and essentially trade on your behalf as you sleep (or do any other activity). They make decisions for you based on various data such as price movements within the market, and will look at market volume, current orders, prices, and the time - although you can set up things to be a little bit more involved too!

Traditional trading bots are pretty expensive, but the crypto market is always ready to subvert the nonsense that the traditional markets get up to. Crypto exchanges give users access to their market and their exchange order book, which makes using a crypto trading bot much more simple and far less expensive.

https://www.youtube.com/watch?v=I3QYt6xU_wQ

3. Open trades
Open trades refer to current trades that are still active in your account. Open trading means that you have an open position in investing in any established or entered trade that has not closed with an opposing trade yet. For example, if you own 100 shares in a stock, you have an open position on that stock. When you sell the shares, your position closes. You can either hold your position, short-term trade, or day-trade with your open trades. Naturally this all applies to cryptocurrencies.

2. Offerings on Vertex
Launching offerings on a marketplace like Vertex.Market can earn you some really nice profits  while you sleep. You can buy and sell more than 1000 cryptocurrencies from more than 200 countries with Vertex, so just launch your offering, set it and wait for other traders to buy. Since it’s P2P, you have full control over how much you want to sell and you can set your price.

https://twitter.com/Vertexplatform/status/1191441784892772353

1.Staking
The last entry on the list of the top 5 ways to earn crypto while you sleep is staking. Staking is a way for crypto traders and investors to earn passive income off of their digital assets, regardless of the fluctuations of the markets.

The word “staking” is based off of the term “Proof of Stake,” which is a type of consensus algorithm. Crypto staking can basically be described as similar to earning interest over a certain amount of money that sits in a bank account. The coins you have will be locked in a wallet for a period of time, and as a result you’ll earn more coins. The more coins you stake, the more you earn.

Staking is a way of helping to validate blocks for the network that you are staking coins from. It’s an excellent way of earning passive income, and also contributing to a platform.  

https://www.youtube.com/watch?v=M3EFi_POhps

The right passive income method for you
Now that we’ve had a look at the top 5 ways to earn crypto while you sleep, which passive income generating method do you think is the right one for you? Between selling your own crypto on a marketplace, staking, lending, bot trading, and open trading, there are a bunch of great options here. Do your own research and you could soon be earning crypto in your sleep too!
https://medium.com/@official_83664/top-5-ways-to-earn-crypto-while-you-sleep-76eeacd903c3

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[befriendmywater]

lending? are you seriously? I don't think this is a safety measure. there have been too many great losses from Bitcoinnect and most of the other bad businesses. This is really not a good advice. Instead of having a lot of capital, we should do a mining or staking work. It's one of the most profitable ways out of the way you set.

[audaciousbeing]

lending? are you seriously? I don't think this is a safety measure. there have been too many great losses from Bitcoinnect and most of the other bad businesses. This is really not a good advice. Instead of having a lot of capital, we should do a mining or staking work. It's one of the most profitable ways out of the way you set.

You didn't really get the aspect of lending he is coming from. Yes Lending is very risky because you are lending someone who you don't know his locality or anything else about him and you are expected to sleep while making money when the person can decide to deactivate or even hibernate while the collateral he put forward might be worthless. But what he is saying is that you can transfer the risk to someone else which are the services he has provided. All you have to do is to put your funds there while they handle the rest.

Another one OP didn't mention is some sites pays you daily interest for keeping your funds there. I know about Yobit but this also comes with its own risk because should the site crash, there is nothing that can be done.

[gentlemand]

But what he is saying is that you can transfer the risk to someone else which are the services he has provided. All you have to do is to put your funds there while they handle the rest.

In what universe does delegating the risk to another quasi anonymous third party on top of the quasi anonymous third party who's going to steal it from you lessen the risk? Look at the track record of these lending places. They're disgusting.

In recent times joints like Blockfi have turned up that at least lend to supposed traders rather than random internet crackheads but I still would never put a penny into them.

[CryptopreneurBrainboss]

lending? are you seriously? I don't think this is a safety measure. there have been too many great losses from Bitcoinnect and most of the other bad businesses. This is really not a good advice. Instead of having a lot of capital, we should do a mining or staking work. It's one of the most profitable ways out of the way you set.

Bitconnect and her likes were just Ponzi, scams disguise as leading platforms. This isn't what the OP is referring to, read the OP again and you'll understand he isn't asking you to invest in any worthless project advertising themselves as lending coins. Instead, there are platform out there were you can lend out your bitcoin and selective altcoins to loan seekers and in cases of loan default, you get compensated from the site with the collateral deposited by the loan seeker before the transaction was initiated. Before you patronize any of this platform, do some research to make sure you aren't patronizing a scam or shady platform.

You can also successfully used the forum as a host platform to offer this lending service but be cautious of those you deal with and it's preferable to ask for redeemable collateral (minimum 120%) preferable well established cryptocurrency to unattract scammers hoping to leverage on a non collateral loan to scam.

[nicolas1979]

Today, earn money while you sleeping is very popular but knowing the risk will make us think twice before joint. Your post is good but when market is red your value will goes down too. Second thing is about fund we should invest/ stake/ lend is not cheap specially in mining, not all of us is rich person. Last one, the web can scam without notice, do you already back up plan or just you ignore it?

[shield132]

What are the landing websites that you can trust? I have heard https://nexo.io/ but idk how trustworthy they are. Haven't heard anything about CoinLoan and Nuo.
I would stay away from bot trading. The sad fact is that some newbies fall in words AI Trading Bot. In reality bot can't read news and analyze it, following only charts and etc isn't that beneficial, carries risks which I think can ruin your ability to sleep without being nervous.
Also another way I think is to deposit on freebitco and hold for as long as you wish, they deposit interests daily.

[gentlemand]

I would stay away from bot trading. The sad fact is that some newbies fall in words AI Trading Bot. In reality bot can't read news and analyze it, following only charts and etc isn't that beneficial, carries risks which I think can ruin your ability to sleep without being nervous.

Aye. A lot of people get raped by them going haywire. They seem like a ticking time bomb to me. Loads of stuff has context and requires analysis. You're basically leaving your wallet open and at the mercy of a dumb algorithm.

[Rodeo02]

lending? are you seriously? I don't think this is a safety measure. there have been too many great losses from Bitcoinnect and most of the other bad businesses. This is really not a good advice. Instead of having a lot of capital, we should do a mining or staking work. It's one of the most profitable ways out of the way you set.

possible to happen but he is only giving a way to earn passively without doing anything and lending is part of it. If you know the risk why not try it but dont invest all your money because you already know what will be possible to happen. For me staking is the best option just what coins you want to invest.

[goaldigger]

I would stay away from bot trading. The sad fact is that some newbies fall in words AI Trading Bot. In reality bot can't read news and analyze it, following only charts and etc isn't that beneficial, carries risks which I think can ruin your ability to sleep without being nervous.

Aye. A lot of people get raped by them going haywire. They seem like a ticking time bomb to me. Loads of stuff has context and requires analysis. You're basically leaving your wallet open and at the mercy of a dumb algorithm.

The bot still need the decision making of the trader because bot will only follow what you have input and of course bot can’t predict the market. Though you can still make money on bot trading while you are sleeping as much as you have studied your preferred trade but if you depend totally on bot then your money will soon gone.

[iamaruf]

Don't think bot trading is good.Because bot is not human. Bot can't take decision.Though I didn’t tried bot trading but heard that stay away from bot trading. Because they faced horrible situation and lost money. So i don’t prefer bot trading.               

[Rodeo02]

Don't think bot trading is good.Because bot is not human. Bot can't take decision.Though I didn’t tried bot trading but heard that stay away from bot trading. Because they faced horrible situation and lost money. So i don’t prefer bot trading.               

Using a bot can also lost all your funds so ita not recommended even profesional traders dont recommend this one. If you trust your trading skills you dont need to rely on a bot just trust your own prediction and you can still earn.

[Soots]

I'd love to do staking and use trading bots which I never experienced yet since from the start of being a trader. Right now I am staking my other crypto holdings, but I couldn't consider it as profitable due to market value.
If we seek for a good income, we must work hard for it and those were just recommendations, your decisions will still prevail as long as you're comfortable with it

[zeze18]

lending? are you seriously? I don't think this is a safety measure. there have been too many great losses from Bitcoinnect and most of the other bad businesses. This is really not a good advice. Instead of having a lot of capital, we should do a mining or staking work. It's one of the most profitable ways out of the way you set.

Lending hype is over and most of the lending projects are scam and confirmed as a ponzi. So, i think nowadays no people are interested with lending except new people in crypto who don't know the history of lending programs like bitconnect and other ponzi scheme lending projects. Nowadays passive income from crypto is from staking , but with less profits. Most of them are just 15-20% per year which make sense compared to lending which can earn 1-2% each day.

[Reid]

I'd rather be in the staking process than with the other options.

I have been staking like 3 coins by now.
It might be slow but it takes away nothing from me.

The best part is that their value doesn't go low. (for now)
The chances though to make larger profits are higher when you have better amount than anyone.
Still, anyone could join as long as you have something to stake.

Better than risking with bots or lending which is a load of work. Getting more lazy these days.  

[JC btc]

Everything that you have said are good except that I don't prefer having lending in cryptocurrency, I know that lending is profitable but it is too risky especially if you want to lend in anonymous people. So, I wouldn't recommend that especially to those who are new in crypto or here in the forum. Better to trade and stake with that you are handling your own fund.

[panganib999]

I suppose you could say lending is one of the top ways to earn, but it isn't the best, nor the most efficient, nor the safest way to earn crypto. It is way too risky after all. Trading,Open trading and Bot trading doesn't differ that much, they're still both tradings after all.  The staking is an interesting way to earn, but again, security and safety of the coin isn't guaranteed since you don't hold your coins and it is pretty much locked to their wallet.

[rijaljun]

It seems like staking have the lowest risk and probably is the only legit one, the four others could be shitty very much and could give you loss instead of profit.

2. Offerings on Vertex

On the other side, you are promoting your own platform, aren't you?

[ReiMomo]

How about mining? It is also a way to earn crypto while you are sleep.
Lending is very risky because it is only a small amount of interest you will be earned and sometimes there are some borrowers did not pay.
I prefer bot trading because it is a great help and it makes you easier in trading. Simply set when the buying point and the selling point and then leave for a while. But it will need to purchase first and spend a little amount of your money.

[ChrisPop]

We must not forget that even lending has its own risks like people or the company defaulting on your loan. Nexo does have a $100 million insurance for example, but how do you know that will cover your loan? - You can't. The question is if you are willing to accept the risk for that low yearly return per annum. Also bot trading is very risky that's why there are only a few bots that really "work" and they are either not for sell or they cost fortunes.