Crypto passive income - a bubble?

[South Park]

So, maybe we should try to contribute to the community to make more profit instead of just expect our money to make money.

Unfortunately I do not think this is possible, for the most part people do not really like their jobs and some of them even hate them but they keep going on because they need the money, as such for the most part people have two different dreams, the first one is that they dream of getting their dream job, they dream of doing something that doesn't feel like a job but still getting paid as if you are in one, and the second dream is to get a source of income that is passive and they never have to work again, in my mind both are valid but both are incredibly difficult to pull off successfully.

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[casperBGD]

So, maybe we should try to contribute to the community to make more profit instead of just expect our money to make money.

Unfortunately I do not think this is possible, for the most part people do not really like their jobs and some of them even hate them but they keep going on because they need the money, as such for the most part people have two different dreams, the first one is that they dream of getting their dream job, they dream of doing something that doesn't feel like a job but still getting paid as if you are in one, and the second dream is to get a source of income that is passive and they never have to work again, in my mind both are valid but both are incredibly difficult to pull off successfully.

agree on both, and would like to point out that to obtain passive income is not easy, and this with crypto seems easy, since they are giving good interest rates on your capital, on the other hand, banks have similar strategies, they are providing more interest where the risk is bigger, so one can conclude that stacking crypto should be seen as risky business, and we do not know how all this will end up, on which side, positive or negative

one should estimate the risk before stacking any coin, known tokens are always better option, IMHO, but this should not be taken as financial advise

[Sebas.tian]

Mining is a pleasure at a very high cost, which may not always be profitable enough. Passive income earned from betting also requires serious financial investments. In the absence of such, the most acceptable option is trading. With the necessary knowledge, the return will be the most significant.

Trading is profitable to those who exactly understand the process and most importantly is not meant for all cryptocurrency enthusiasts or participants. Mining was good when they newly came into existence but later turned out to became scam investment. Betting is not good when you don't have the ideas about it, the only bubbles in cryptocurrency is staking. Through trust wallet I had to start staking Tron token to get some good airdrops but unfortunately they have stopped. Staking is the safest.

[GWS My Boy]

excellence in crypto cannot be used as a benchmark all depends on ourselves in which position we understan trading, bounty or airdrop, I have skills in bounties and of course make money in the world of bounties although the results are not as big as they used to be at least I can afford what I want

[ubay]

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?

No matter how many coins are in circulation, I still believe in bitcoin, because we have all become living witnesses of its power. But there is one more unique Proof-Of-Person Blockchain, the name is IDENA. This is a new project where we are required to validate that we are Human if we want to join the validation ceremony. Mining on the average laptop and it's great to be a part of that community.

[minersday]

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?

Just like mining and proof of work where you invest your money in buying mining rigs, with staking, you spend money buying coins to be used as collateral in order to start earning. Considering both mining and staking, you need to spend money in order to earn or receive new coins. Both mining and staking require you to invest money to receive or earn new coins.

[bobyhodob]

excellence in crypto cannot be used as a benchmark all depends on ourselves in which position we understan trading, bounty or airdrop, I have skills in bounties and of course make money in the world of bounties although the results are not as big as they used to be at least I can afford what I want

Unfortunately, bounty campaigns cannot guarantee that you always get profit because we know that bounty campaigns do not always exist and there are only a few bounty campaigns that can become participants, so don't make boutny campaigns your main income because no one can guarantee that bounty campaigns always exist .

[MCobian]

Passive income is indeed one of the reasons why many people are interested investing in cryptocurrencies that have a high enough risk.
But the fact is that getting passive income in cryptocurrency is not as easy as we imagine. One of them is through mining relatively large
costs are required, because you have to buy mining equipment and large enough electricity costs are the reasons for mining not profitable
anymore. The next option with staking coins is safer and has a low risk, I highly recommend for those want to generate passive income.

[cryptovigi]

Staking is perfect for Hodlers if you trust coin and are going to keep it anyway, so it's better if you increase the amount of coin in the process.
But I don't think mining is much better than staking. What difference does it matter if you spend thousands of dollars on GPU or ASIC and then hundreds of dollars a month on electricity or you will spend this money on coins and you will stack them, it's all about the same - today there are many coins and thanks to minig / staking their number increases and that's it.
Ok, in one case, mining is safer - if the coin you invest in turns out to be a scam with a GPU or ASIC, you can transfer mining to another coin theoretically safely, but on the other hand, in a few years your GPU / ASIC will lose a lot of value ...

[Pamadar]

excellence in crypto cannot be used as a benchmark all depends on ourselves in which position we understand trading, bounty or airdrop, I have skills in bounties and of course make money in the world of bounties although the results are not as big as they used to be at least I can afford what I want

If you have that skills in sorting good projects you can really make good money out from this venue, and while making good income
you can also use part of it into trading or investing making extra passive opportunities.
There are lots of opportunities if you will use your time and your knowledge don't just be stuck with what you are doing try to add more.

[nutriagrigia]

excellence in crypto cannot be used as a benchmark all depends on ourselves in which position we understan trading, bounty or airdrop, I have skills in bounties and of course make money in the world of bounties although the results are not as big as they used to be at least I can afford what I want

If you have skills in bounty campaigns, then you can work in case you lose your money or if you want to leave your job and earn money only online. Bounty is a very good skill

[Skinny48]

If you want to stake coins make sure they have good demands in today's market, I'm sure you've heard about POS coins that later become worthless? Try not to let that happen to you

[Skinny48]

Mining is just better if you have the money because you can switch to other coins once the present one isn't profitable anymore, this isnt the same with staking coins, your coins will be in lock until the circle is over, maybe monthly or annually, this is like putting your coins at greater risks

[Akoldi_ibk]

Every concept you mentioned; staking, crypto lending and so on are provided by these projects for different reasons and among is to provide alternatives for people to earn more and likewise to encourage holding, cushion against sudden price fall. For good projects with absolute confidence in what they are doing, I stake to earn more and it always guide against panic sell. But for projects with low confidence, I prefer to simply hold without staking, providing a way to sell once I smell any rat in the project.
For Bitcoin mining, I believe it is for the big guys to handle.

[Danslip]

Mining is just better if you have the money because you can switch to other coins once the present one isn't profitable anymore, this isnt the same with staking coins, your coins will be in lock until the circle is over, maybe monthly or annually, this is like putting your coins at greater risks

Mining was profitable years ago, now the costs are higher than profit. I recommend to make some research about graphic card prices and compare the electricity costs/mined share price of BTC. The staking is a way to go if the investor has an good research about the future of the project, otherwise, the tale is as same as the alternative methods of crypto passive income. Lending and staking are my preferences for making some monthly passive income but these options also carry some unexpected risks.

[Kang TB]

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?

no, this is not a bubble my friend
staking and run a masternodes from a good masternodes coin is the best way to get passive income in cryptocurrency and in my opinion its better than mining

[cryptovigi]

...
If you have skills in bounty campaigns, then you can work in case you lose your money or if you want to leave your job and earn money only online. Bounty is a very good skill

Hope no one listens to this guy ....

Sorry but quitting my job to do bounties is the last thing I would advise anyone. Yes, why not? Try bounty in your spare time, take a week or a month off and see if you succeed, but NEVER quit your job for bounty. Bounty does not look as pink as described by campaign managers. 1/100 will actually bring you a lot of money, but from the remaining 80 you will get nothing, and from 19 you will get a few - several dollars but only in a few weeks or months ...
If you are a good poster, try signature campaigns at trusted manager paid in BTC for $ 20-50 per week but remember that they will not always be available and the rates may decrease ... so if you have a job, do not throw it for a bounty

[Dedewahyu]

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?

Some cryptocurrencies that are based on Proof of Stake Blockchain, require investing in the form of the project coin itself for the continuity of the Network. these investors get rationed coins reward if they break the block of transactions, maybe this is known as passive income. in some projects it is very worth it like Dash coins, but sometimes many projects end up with a scam. we must be good at analyzing and monitoring the progress.

For Bitcoin, we indeed have to invest in a device to mine coins and get coins from sharing income if we mine in the Pool. Both of these investment activities have the same objective, only to get profit.

Currently, there are other sacrifices to gain profit, namely the sacrifice of time and intelligence. one of them is a proof of person based project, you only have to have a computer and an internet connection, you can mine coins just by completing the flip picture challenge. you don't spend any money even you get income from it.

[popeye95]

Passive income is the most attractive offer in crypto since human is lazy. This leading to a lot of passive income schemes like PoS, lending, distribution,... and I think definitely the main problem for those coins is trying to keep it not going to inflate. If they actually can do it, good. If not then clearly just crashing down or still in a bubble zone, making those types of coin is very risky.

[ampu]

I think every opportunity requires a trade-off, it's a game of people who have patience and take great risks to win rewards. The closest scam project is YBDAO (token: YBREE), a lot of investors joined this project and donated up to 7500 ETH. I'm sure they lost a lot of money. But if successful, the profit will be huge. We cannot be sure of anything in this market. Opportunity comes with risks, we will not know anything tomorrow.