Crypto passive income - a bubble?

[SomeJasonGuy]

Passive income is a feature of fiat money too. And even financial instruments like stocks or bonds that give you an interest. The interest surrounding it probably is a bubble, but the actual feature surely isn't.

[totoy4741]

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.

I agree and I don't really that you'll be able to get big amount of profits in just staking it unless you put a lot of amount to stake. Most of the project usually give about 5-10% of stakes yearly which is I think not that big. There might be some risk if the project you ate staking is a little bit under the radar, if those coins that have been doing for long time, I guess you there is no risk at all.

[marcous]

Staking coins on a blockchain can indeed get passive income, but not a bubble. Staking coins on the network and getting rewarded is a proof of stake algorithm scheme. you have to look for coins that are really legit, you can transfer them on coinmarketcap. there are lots of staking and masternode coins there.

[usm2000]

to save on the cost of mining i had a buying vps suport the mining of her course to require no electricity but its working very long,I never do staking but and i think i read that staking mining is similar to where we need capital, big bets even greater than the capital for mining,

[bayu7adi]

back in the days, the passive income you can invest your money with is in the cloud mining where people don't really need to do anything after they deposit the needed amount for their investment after that every day they can get the benefit of what they've invested. However, after years one by one, they turned out to be a scam until the cloud mining business is no more. nowadays we have this thing called staking but this is safer than cloud mining does. here you are the one who controls your money and it's up to you whether you want to sell it or not.

Agree with u
The lack of greedy human literacy is easily exploited by con artists who make promises of great benefits from doing nothing.

We all know that KFC does not exist in an easy way.  McD also had a very extra struggle to be like this, Apple is not possible, did nothing to become today.

Life is full of risks, and if you want to achieve your goals, you have to make sacrifices.  And if you are currently struggling, make sure you have a goal for your struggle.

That said, Staking / Masternode is much better than Cloud mining.  And don't talk about cloud mining anymore, don't make it your goal anymore.

[Mpamaegbu]

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.

Everybody is yet to find out if staking will also end up in tears like what we experienced in 2017 with lending coins. I rue that era (lending coin era, so to write) because I bought and invested in a lot of lending coins that later turned scam projects. A lot of old members here will remember those inglorious days of Bitconnectcoin (BCC) and how a coin that was above $400 became zero in less than 24hours. It was hearts retching for a whole lot of people. So, OP my advice to you is to avoid any staking coin that gives more than a month lockdown period before your contract can be terminated.

[malekbaba]

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?

You are mixing btc with whole crypto concept. We need decentralization, we need financial freedom. We dont want to be controlled by whales anymore. My money, my rules. This is crypto. If you think mining drive the market, i will say, you are not entirely right. Fixed supply, unlimited demand, global acceptance, decentralized, free third party, all these are features of crypto. Logical Speculation is the driver

[South Park]

...
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

This is correct, I think people are still confused and think that we are in 2017 when almost any bounty gave significant profits, at that time it seemed as if the good times will never end, but who knew? They did come to an end and now bounty campaigns are for the most part a waste of time as ieos became the dominant way for good projects to release their coins and they did not needed bounty hunters at all for their business model, and since then bounty campaigns have become nothing but time sinks of which people still try to get profits but with no results.

[shakesbear]

Greed will not lead to a good result, we will all pay for it in the future, I hope most will have time to fix the profit.

[Quidat]

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?

Theres no other way on attaining coins but by only on mining, staking, or just simply buying it. When it comes to passive then it would be particular means about investing
neither on a gambling house, coin staking ,lending.I cant find any other way on attaining but only into this kind of method.Talking if its a bubble? No its not since you can
legitimately getting up some gains but when it comes to profitability then thats always been a question since no one would really able to predict on how market would behave.
For people who do consider on this kind of income then its always accompanied by risk so its a matter of choice.

[djmixen]

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?

In terms of Mining, it is really much better to buy your own rigs at least, even it's too expensive you are far losing your money dude, unlike in cloud mining investment. The only passive income you could get is from Bitcoin and top altcoins in the market such as Ethereum, chainlink, Band, Busd, Binance, and more than about in staking, I never try that ever since I started it before.

[wack slacker]

Exactly bubbles, people are racing to buy those coins and lock them up for rewards. Those who come first are the winners and when the market grows to a high-level someone will start to take profits, the domino effect will cause the market to crash. I suspect projects with anonymous dev team have a higher risk of a crash, it's like gambling, we are playing a game without knowing who is behind them.

[ilovealtcoins]

It could be a bubble as there are currently too many projects that allow staking and the value of those cryptocurrencies is volatile. But we can consider staking stable coins, the risk is low, and the value of those cryptocurrencies hasn't changed much over a long period.

https://topstaking.com/staking-stablecoins-best-ways-to-earn-interest-on-stablecoins/

[bangkecol]

no at all that the staking is bad. For example you can staking vechain you Will get vtho , or you can staking Neo to get gas. so , we can get passive income from this type of coins. Then, we can get passive income from cloud mining but it mostly scam.

[Xanxus024]

It depends on what coin or token will be mining, if building a mining rig it really cause high, the electricity bill will consume more and the maintenance of the mining rig but it is legit, but if the miners will join in a cloud mining I think it sound so scary because more people got scammed using cloud mining.

[South Park]

Exactly bubbles, people are racing to buy those coins and lock them up for rewards. Those who come first are the winners and when the market grows to a high-level someone will start to take profits, the domino effect will cause the market to crash. I suspect projects with anonymous dev team have a higher risk of a crash, it's like gambling, we are playing a game without knowing who is behind them.

Well anyone that is investing in a project with anonymous developers that itself is not focused in bringing anonymity to its users is just asking for trouble, however the most recent bubble was caused by the DeFi hype and while it lasted for some time it eventually crashed like all the bubbles, but what I do not understand is why people always delude themselves thinking this time will be different when it has been proven time and time again that things never really change.

[molecularman]

I really don't understand any of it.  The whole DeFi thing has blown up and I'm either too dumb or too lazy to really grasp it.

With most things, it seems like the real money is being made with those that already have plenty of money.   My small amount of X token will generate enough to cover fee's and that's about it.   

[kapalmabur]

The passive income feature is not a bubble! How can you think it's a bubble? Do you understand bubbles?
Passive income such as staking, lending, masternodes are only future features of the cryptocurrency ecosystem

[btcltcdigger]

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?

How about non-crypto investments with crypto. What I'm talking about is tokenized realestate.
Basically, just like any real-estatre investing, you purchase a house, or a share of a house, and you get your cut from the monthly rent.

Well imagine that, except tokenized on eth blockchain, and rent is paid in crypto.

I even wrote and article about it https://medium.com/@btcltcdigger/passive-income-from-tokenized-real-estate-cdde9cc59f52

[South Park]

I really don't understand any of it.  The whole DeFi thing has blown up and I'm either too dumb or too lazy to really grasp it.

With most things, it seems like the real money is being made with those that already have plenty of money.   My small amount of X token will generate enough to cover fee's and that's about it.   

You know what they say you need money to make money, and there is no market in which this is even more true than in this one, the stories about people making a fortune by just claiming bitcoin from faucets are without a doubt very interesting but those days are way behind us, if you want to make money you have no option but to risk a significant amount of it in a coin that is not very well known, but that is not something that I recommend taking into account the number of scams in the market.