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Author Topic: Top 5 Ways to Earn Crypto While You Sleep  (Read 1097 times)
atjiat
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November 26, 2019, 05:07:49 PM
 #21

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.
Of course, theoretically trading with bots looks very attractive, but as a person who never resorted to trading bots, I have some doubts.  I cannot distinguish truthful reviews from untruthful ones when it comes to the practical application of the trading bot and the results of such trading.  Many users express their opinion that trading bots make several successful operations, and then merge the entire balance to zero.
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November 26, 2019, 08:10:03 PM
 #22

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?
Supposed to say the same thing which i have notice it first when reading up above.So lets go back on whats being discussed on here about earning passive while you sleep?

Lending can give you that but considering on the equal risk im sure you would really have that hard time to sleep minding if those borrowers would repay you on due time.  Grin

Staking? Not an option yet not even profitable. Bot trading? I dont know why you included this one and you cant be sure with it and you might woke up a certain time where your trading account balance is already blown up.

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November 27, 2019, 02:11:19 AM
 #23

well , i just agree about staking and bot trading, although bot trading somehow it's quite difficult to say give a constant profit,
and just forget about lending profit , i never do that anymore, even they claim came from biggest institute , i still worrying about where my money go.
btw , what the heck is vertex ?

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November 27, 2019, 04:31:03 AM
 #24

lending I think is not convincing, a lot of people experience losses from lending. Trading bots may provide a bit of hope even though sometimes if a trading bot experiences an error it certainly has a big effect on profits

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November 27, 2019, 05:20:12 AM
 #25

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.

Staking is the option for me. But you need to have a good selection of coins for staking as you might be staking a dying coin, which is not a profitable anymore. While in terms of mining, this is only applicable if you have the equipment. And usually, they are pretty expensive investment. But if you do have, you can mine good coins. That is, if your electricity is cheap. Because if not, mining might not be a good option for you.
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November 27, 2019, 05:57:27 AM
 #26

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.

Interesting when you mentioned BitConnect and don't forget about Miracle Tele also PosToken when they launch lending platform all going bad, my fund lost in PosToken lending platform. If see 3 lending platform that I had mentioned all of they been setting to be Ponzi Scheme.
I will prefer to choose Staking, the earned not much but more safe if compared with other method like Lending. Open traders usually do when the orders doesn't executed.

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November 27, 2019, 06:15:45 AM
 #27

Number one and five is something I did from a few months ago, and the reward is not bad. I don't feel familiar with the other option although I already tried to using bot trading but that not give me a nice profit. Maybe I need to learn more about how to set the bot so the bot can run as I want. Number two and three are something new for me, and I will search more about that, so if I can find that those two things can help me to make more money, I will try it later.

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November 27, 2019, 06:30:40 AM
 #28

Interesting when you mentioned BitConnect and don't forget about Miracle Tele also PosToken when they launch lending platform all going bad, my fund lost in PosToken lending platform. If see 3 lending platform that I had mentioned all of they been setting to be Ponzi Scheme.

Have you tried Compound? MakerDao? Instadapp? Or Nexo?

I'm not sure about Nexo but I can vouch for Compound. Yes, it's risky but not as scammy as hell as Miracle Tele which clearly gives you red flags from the beginning. If you're afraid of crypto lending then join something like Koinworks, then use the profit to buy crypto.

lending I think is not convincing, a lot of people experience losses from lending.

How many? Any factual data that you can provide? I'm interested to see the comparison.

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November 27, 2019, 07:33:05 AM
 #29

Interesting when you mentioned BitConnect and don't forget about Miracle Tele also PosToken when they launch lending platform all going bad, my fund lost in PosToken lending platform. If see 3 lending platform that I had mentioned all of they been setting to be Ponzi Scheme.

Have you tried Compound? MakerDao? Instadapp? Or Nexo?

I'm not sure about Nexo but I can vouch for Compound. Yes, it's risky but not as scammy as hell as Miracle Tele which clearly gives you red flags from the beginning. If you're afraid of crypto lending then join something like Koinworks, then use the profit to buy crypto.


I have never tried platform you mentioned above.
Nexo is more often discussed by members of this forum. Nice if there are trusted members like you can give a vouch about a platform because that means you have already tried.
I'm interest about Compound, I have question how long You use this platform? What cryptos you use?

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November 27, 2019, 11:34:02 AM
 #30

Lending and bot trading is a no go for me.
Damn too risky and with lending information leaks. I don't like that idea even if I am the lender.

Bot trading have so much issues. You could get it wrong and all your capital will go down with it.
Staking is a good idea but it takes time and same with open trades.

I guess I will choose staking since open trades could be difficult and you might get bored with it.  Grin
With staking you could add more funds for a better return. Yeah, staking it is.
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November 27, 2019, 02:54:12 PM
 #31

Lending and bot trading is a no go for me.
Damn too risky and with lending information leaks. I don't like that idea even if I am the lender.

Bot trading have so much issues. You could get it wrong and all your capital will go down with it.
Staking is a good idea but it takes time and same with open trades.

I guess I will choose staking since open trades could be difficult and you might get bored with it.  Grin
With staking you could add more funds for a better return. Yeah, staking it is.
Yes ! It is too risky. I rather wake up in the morning so early or make a short sleep so that I could get the price that I wanted. Instead of using that why dont you set a notification so that when the right time came at right price you wi be notified and wake from your sleep. Sleep is more important than anything else, I mean, health is important but dont use bot.
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November 27, 2019, 03:16:36 PM
 #32

This is great and it helps newbies understand more about the types of markets that can make money passively and diversely. But I think that in all the ways we should choose staking for coins that are less volatile. For example, the Binance exchange previously opened staking services for BNB, USDT, Bitcoin, and ETH at an interest rate of 12.5% per year.
This is one of the attractive programs and you should prepare a lot of dollars to join such staking programs. and absolutely do not use BNB or bitcoin, because the volatility of these coins is very strong.

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November 27, 2019, 03:21:28 PM
 #33

How about mining? It is also a way to earn crypto while you are sleep.
You are right.. I think the OP forgot this  Cheesy I have a small mine in my room, my mining machine works 24 hours, even when I sleep, so Mining is one way to get Crypto when sleeping.

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November 27, 2019, 03:38:22 PM
 #34

Actually the strategies is good. Or at least risk from strategies that OP mention almost all of us understand it. But i am type that will cancel buy order in trading when i sleep. If i already bought it, maybe i will left it with small sell order percentage so i hope when i wake up in the morning, my order already executed. Sleep with buy order usually really hard for some people.

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enhu
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November 27, 2019, 03:41:10 PM
 #35

Lending and bot trading is a no go for me.
Damn too risky and with lending information leaks. I don't like that idea even if I am the lender.

Bot trading have so much issues. You could get it wrong and all your capital will go down with it.
Staking is a good idea but it takes time and same with open trades.

I guess I will choose staking since open trades could be difficult and you might get bored with it.  Grin
With staking you could add more funds for a better return. Yeah, staking it is.

And you can't sleep when you see there are more than 10 people took loans from you that haven't paid yet. That is something that you might just need to call every hour when the due date is almost over.  Its not like doing it offline where you can send your best goon to knock the doors of your loaners.

Staking is good, requires a lot of funds but somehow profitable unless the project ends not the way you expect. We've seen this happen already with Minexcoin.

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November 27, 2019, 03:46:42 PM
 #36

trading with bot is very risky sometime you profit but most time you losing your money. Grin
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November 27, 2019, 03:49:49 PM
 #37

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.
I wasn't aware Yobit offered such a thing, but I would never take advantage of something like that with an exchange like Yobit, nor would I keep a substantial amount of crypto on any exchange for longer than a few hours at most.  Look what just happened to Upbit and how many exchanges have been hacked just this year.

Staking is a good idea but it takes time and same with open trades.
Depends on which coin you're staking.  If you stake with NEO, for example, you're constantly earning GAS with it and you don't have to wait until you win a block like you do with other PoS coins.  

OP didn't mention masternodes, but those are mainly for people with a lot of investment capital they don't mind tying up for the long-term.  Having a Dash masternode is a way to earn Dash while you sleep.  In any case, I think staking is probably the best way to do it.  Lending?  That's way too risky and you're always wondering if the borrower is actually going to pay you back or if you'll have to sell the collateral--plus you have to be careful about collateral scams and whatnot.  It's just not worth it to me.

And you can't sleep when you see there are more than 10 people took loans from you that haven't paid yet.
Right, that's what I was getting at.  I've only lent money a couple of times in the past 4 years, and each time was very stressful--plus I got scammed on my last loan to the tune of 0.3BTC and learned my lesson from that.

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November 27, 2019, 03:51:15 PM
 #38

I just hope it just sounds too good to be true but in reality most of these strategies are riskier than you think. I bet you can't sleep if you let your bots go on a trade with lots of losses instead of gaining profits. It just all depends on a person on how he will going to handle trading and most of these strategies are for professionals only who knows what is the run of each strategy.

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November 27, 2019, 04:45:41 PM
 #39

As for me, trying to find ways just to earn a good amount of money while asleep or even without working for it has a lot of risks. Everything should be work for here in the world of crypto. An effort is still needed to be exerted. It's hard to entrust your funds in bots. It's better if you'll do things in actual just to monitor your funds unless you have huge capital and if you're ready to face the risks.
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November 27, 2019, 04:52:10 PM
Last edit: November 28, 2019, 06:09:14 AM by redsun114
 #40

My way of earning while sleeping is HODLING; not sure why OP is not considering about holding as it must be an easier way of making big money without efforts. This may be perfectly working with respect to bitcoin investments as most other investments or altcoins are not suitable for holding. Holding eliminates all the risks but gets you chances to be richer, I highly recommend each and every crypto adopter to keep at least 1 BTC in cold storage for a decade Cool.

It's hard to entrust your funds in bots. It's better if you'll do things in actual just to monitor your funds unless you have huge capital and if you're ready to face the risks.
Trading with the help of bots definitely leads to disasters one day or other. Bots may be helpful but keep watching them is a must needed task. This way, in my opinion bots cannot be suitable for earning while sleeping.

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