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Author Topic: Crypto passive income - a bubble?  (Read 947 times)
Bitlover10
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September 13, 2020, 12:52:16 AM
 #141

Crypto become a passive income but for that you need to use proper risk management in trading. If you did not use or known risk management then this is not for you. You have to have know what you holding for and what news or events coming regarding your holding. You need to buy in dip and wait for price increase. Patience is key of profit. Once you realized you are in a good profit then sold it and wait for other good opportunity that's way you make a passive income.

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September 13, 2020, 05:26:42 AM
 #142

what is clear is the time, to support and develop the project so that the launch of the new token goes well and is successful. then as an investor who funds the launch of the new token, of course, also spend a lot of money and that can also be called a sacrifice that is worth it when in the end the token is successful and gets a lot of profit.
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September 13, 2020, 06:06:14 AM
 #143

I agree with you these days many platforms available which are offering passive income on your cryptocurrency investment but other side the price of cryptocurrency decrease but new people in this industry have no idea that their portfolio is decreasing but If we use stable coins for Passive income then it's fine because their price is not fluctuate
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September 13, 2020, 06:30:22 AM
 #144

I agree with you these days many platforms available which are offering passive income on your cryptocurrency investment but other side the price of cryptocurrency decrease but new people in this industry have no idea that their portfolio is decreasing but If we use stable coins for Passive income then it's fine because their price is not fluctuate

Even with the stable coins, the investment is risky. Most of these companies are online and we do not know the physical presence or legal status of these companies. We have seen many times in the past too, that most of these fraud companies run away after collecting the money from the people. Before investment, a through investigation about the sites is to be done to avoid the scams.

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September 13, 2020, 06:44:10 AM
 #145

yeah the passive income is there and legal and possible but you need to know that it's only a small percentages APR and you can expect some good money only if you have a big capital, recently binance has added some new way to make that called Binance savings but only with 6% APR, so I guess that's why many people don't touch it.
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September 13, 2020, 07:29:09 AM
 #146

For staking, I usually stake in an exchange like Binance, they offer quite a lot of staking programs for the type of coin.
You can follow and see the contracts provided such as 10 days 1 week, 1 month, depending on how long you want to keep it, staking here is very easy you only need to hold a few coins and lock it for a certain period.

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September 13, 2020, 07:49:18 AM
 #147

I see that more and more investors are interested in a passive income that comes from cryptocurrencies. But, I am a little bit afraid that all these concepts: staking, crypto lending, and all form of income that is generated from nothing will end up sooner or later. When you compare mining, you have to buy mining rigs at first, then you need to pay electricity, so you spent a lot of money to mine a Bitcoin and that makes it valuable. What about staking? What you sacrifice to receive new coins?

This is actually true. In all the businesses you want to start with you have to have a capital. And with crypto, it is buying new tokens, add to it that it is risky considering crypto is unstable.




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Krislaw
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September 13, 2020, 10:53:38 AM
 #148

Mining isn't ideal especially if you have a small capital, but there are many ways to have a passive income in crypto such as staking and lending and trading, but for me staking is the best way to earn you just need to sacrifice the time that you need to spend to wait for it, but the good thing is it has less risk but you need to pick a good coin that you will stake like EOS, ADA, NEO or TRON.
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