Passive income

[manggis97]

By look in to charting of total volume of staking, this type of invesment is increase rapidly and more people interesting to join it. If we have plan to holding coins for ayears is better to stake it, so while holding, we can earn other passive income. To avoid risk of bear market, we should stake coins when we buy it in the beginning of bull market, just like now. Stake SOL coin is my suggestion because the fundamental of the project is very strong.

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[asyakashi]

Actually not only $CAKE there are many more long-term farming coins worth trying. but my advice is Sfund. You can farm sfund in tosdis. normally every month APY will range around 800% it's very large, And as suitable for now because the price is currently down. From the project $SFUND is very suitable for the long term.

[Fredomago]

Staking is the best passive income but you need to have a big capital in order to get a big return, $5000 capital which is not bad. I already staked cake when the price was around $30 and now I'm losing money but still generating cake which is good. I think this is the right time to stake cake because the price is now cheap, you will gain much once the cake go double.. 

that's the risk but it's a good way about staking your money, buying while the value still cheap and keep earning your stake assets then wait for the value to rise back and earn more.

For practical investors they'll find this venue of investment as good source of passive income, you just need to have better knowledge for you

to take advantage of certain situation. Find the right staking coin and enjoy receiving your interest while waiting for more development coming from the team behind.

[xiboothrezi]

What are some of the best ways to earn passive income right now?~

My friends often ask this question. I said: it depends on your ability and will.

Every living thing has a different way to adapt to the environment, it all depends on the ability of each. Monkeys are good at climbing trees to get food, while fish are not, would it be wise if monkeys told fish to climb trees?
Based on that analogy, we must be able to find out what potential we can have to maximize profit. If you are interested in staking, then study it in-depth, learn the technique, what is needed to maximize the opportunities, then with that you will get the best way.
The best way for everyone is different. For me, it's easier to trade, but that's not necessarily the case for other people.

[Hamphser]

What are some of the best ways to earn passive income right now?~

My friends often ask this question. I said: it depends on your ability and will.

Every living thing has a different way to adapt to the environment, it all depends on the ability of each. Monkeys are good at climbing trees to get food, while fish are not, would it be wise if monkeys told fish to climb trees?
Based on that analogy, we must be able to find out what potential we can have to maximize profit. If you are interested in staking, then study it in-depth, learn the technique, what is needed to maximize the opportunities, then with that you will get the best way.
The best way for everyone is different. For me, it's easier to trade, but that's not necessarily the case for other people.

True, we do have our own capacities and capabilities on dealing up with things and you are right that it is just really depending on someone on how they would really utilize their skills and knowledge.

Not all would really be that same effective when someone do give out some hints and tips on how to make money.Its up to someone discovery if it does work or not.

When it comes to passive income then staking is considerable but basing up with ROI and risk factor then i dont really see the worth for someone
to put up funds on it but still its their choice.

[Tegxy]

What are some of the best ways to earn passive income right now? I was thinking about staking $CAKE, just staking it and not using liquidity farms. But not sure how profitable that would be, compared to some other methods. I have a 5000$ capital.

Okay. My recommendation for passive income is staking of $pCWS, Seascape Network token. Seascape Network has established several partnerships for this purpose one of which is its partnership with ApeSwap where an investor gets to earn a 172% APR on stake.

[Kez1817]

There are a lot of ways you can earn in cryptocurrency.

Here are the two examples of the most commonly used method

1.) Staking - Staking coins is a way to gain consistent returns on your cryptocurrency portfolio if you want to earn 1% a day. The standard holding period for staking is one to six months, but various fixed periods are available.
2.) Mining - You can profit from cryptocurrency without having to invest any capital. Bitcoin miners are rewarded with Bitcoin when they complete "blocks" of validated transactions added to the blockchain.

3. Trading - if you have enough knowledge and capital in trading, you can get a passive income from it. Just learn first before do trading to avoid huge losses if ever.

[Questat]

There are a lot of ways you can earn in cryptocurrency.

Here are the two examples of the most commonly used method

1.) Staking - Staking coins is a way to gain consistent returns on your cryptocurrency portfolio if you want to earn 1% a day. The standard holding period for staking is one to six months, but various fixed periods are available.
2.) Mining - You can profit from cryptocurrency without having to invest any capital. Bitcoin miners are rewarded with Bitcoin when they complete "blocks" of validated transactions added to the blockchain.

3. Trading - if you have enough knowledge and capital in trading, you can get a passive income from it. Just learn first before do trading to avoid huge losses if ever.

It is risky and couldn't be considered as passive income IMO.
Honestly, we can't find passive income here in crypto. Yes, you can make huge money from here IF given a chance and so unfortunate that not all the time comes.

If are absolutely looking for a passive income, let's have to find a stable job rather than staying here. Maybe offering skilled service in the forum could help but not taking, mining, and trading.

[Kimonoe]

What are some of the best ways to earn passive income right now?~

My friends often ask this question. I said: it depends on your ability and will.

Every living thing has a different way to adapt to the environment, it all depends on the ability of each. Monkeys are good at climbing trees to get food, while fish are not, would it be wise if monkeys told fish to climb trees?
Based on that analogy, we must be able to find out what potential we can have to maximize profit. If you are interested in staking, then study it in-depth, learn the technique, what is needed to maximize the opportunities, then with that you will get the best way.
The best way for everyone is different. For me, it's easier to trade, but that's not necessarily the case for other people.

True, we do have our own capacities and capabilities on dealing up with things and you are right that it is just really depending on someone on how they would really utilize their skills and knowledge.

Not all would really be that same effective when someone do give out some hints and tips on how to make money.Its up to someone discovery if it does work or not.

When it comes to passive income then staking is considerable but basing up with ROI and risk factor then i dont really see the worth for someone
to put up funds on it but still its their choice.

right, everyone has their own skills, just like trading. although we use the same technique, but not everyone has the same end result. maybe we are suitable for trading, but it is not necessarily suitable for others, maybe they are more suitable for investment. from that everyone has their own skills, and everyone can imitate certain skills, but not everyone can succeed

[wajik-tempe]

For me staking ETH for ETH 2.0 is much more promising since this coin has very strong fundamental since more than 5 years ago. $CAKE is quite new and could be just another hype coin in bullish market back then. So i think for long time passive income, staking ETH is more profitable

[TWW]

For me staking ETH for ETH 2.0 is much more promising since this coin has very strong fundamental since more than 5 years ago. $CAKE is quite new and could be just another hype coin in bullish market back then. So i think for long time passive income, staking ETH is more profitable

You are looking forward to that big update. are you following the key program for your ETH for ethereum 2.0? I hear it will make up a few percent of the total assets we lock. Is that true?
if you consider the timing, of course, buying when ETH momentum is at its peak is not that great.
except for the momentum when the market price is down like now. in the future, there is no doubt for improvement.
but CAKE, I believe it's not just a hype asset. he will be big in the future. just speculation but see how the exchange is put to good use. it will help grow CAKE.

[akirasendo17]

There are a lot of ways you can earn in cryptocurrency.

Here are the two examples of the most commonly used method

1.) Staking - Staking coins is a way to gain consistent returns on your cryptocurrency portfolio if you want to earn 1% a day. The standard holding period for staking is one to six months, but various fixed periods are available.
2.) Mining - You can profit from cryptocurrency without having to invest any capital. Bitcoin miners are rewarded with Bitcoin when they complete "blocks" of validated transactions added to the blockchain.

3. Trading - if you have enough knowledge and capital in trading, you can get a passive income from it. Just learn first before do trading to avoid huge losses if ever.

It is risky and couldn't be considered as passive income IMO.
Honestly, we can't find passive income here in crypto. Yes, you can make huge money from here IF given a chance and so unfortunate that not all the time comes.

If are absolutely looking for a passive income, let's have to find a stable job rather than staying here. Maybe offering skilled service in the forum could help but not taking, mining, and trading.

yes, i agree with you most of the passive income in crypto disappear after few months or a year, because some user will abuse it, to get more money and leave when they know it's going to fall apart, that passive income sometimes the money we get came from the people who just came in, and wan't to try but they don't know they will be trap.

[wxa7115]

Many people recommend staking their coins as a way to get some passive income but to me it is not worth it, if the rewards are too small then you are suffering a huge opportunity cost as you could invest that money almost everywhere and get a lot more profits.

And if the developers offer a huge return for staking your coins then that to me looks suspicious, truth to be told while passive income looks great on paper it is very difficult to get and the profits you can get by actively using that money are way better, so I do not see a reason to pursue passive income in this market.

[TheGreatPython]

My recommendation for passive income is staking of $pCWS, Seascape Network token. Seascape Network has established several partnerships for this purpose one of which is its partnership with ApeSwap where an investor gets to earn a 172% APR on stake.

You have posted a lot in favor of Seascape network as I can see from your posts history, as much as I would like to know more myself and learn about it maybe, can you help us understand how the project looks fundamentally? I don't mind discussing it with you via DM if you want.

Personally, I don't think staking is a bad option but with staking coins the value of the tokens goes down slowly which is always a concern. I think lending is another option but because of the nature of cryptocurrencies, I don't think everyone can do it safely without getting cheated every once in a while. There is even identity theft going on in the name of lending, so borrowers are not comfortable giving away their documents, and rightly so.

[peter0425]

What are some of the best ways to earn passive income right now? I was thinking about staking $CAKE, just staking it and not using liquidity farms. But not sure how profitable that would be, compared to some other methods. I have a 5000$ capital.

hope that you did not invest In Pancake(CAKE) the time that you created this thread because that is the beginning of the fall.

May is the last month that CAKE makes its way upward and from then the fall starts abd until now it is getting slower to climb.

[inanilujimi]

What are some of the best ways to earn passive income right now? I was thinking about staking $CAKE, just staking it and not using liquidity farms. But not sure how profitable that would be, compared to some other methods. I have a 5000$ capital.

hope that you did not invest In Pancake(CAKE) the time that you created this thread because that is the beginning of the fall.

May is the last month that CAKE makes its way upward and from then the fall starts abd until now it is getting slower to climb.

Every crypto investment has a high risk, I think the OP understands everything before investing. I am personally optimistic that the bull market will come again at the end of the year, hopefully we will see new ATH in every top altcoin.

[MarjorieZimmermanGinger]

What are some of the best ways to earn passive income right now? I was thinking about staking $CAKE, just staking it and not using liquidity farms. But not sure how profitable that would be, compared to some other methods. I have a 5000$ capital.

First you have to see a big opportunity in some coins, try to analyze it well and don't be rash in taking action to invest, make sure that your investment this time has the perfect value.

In the market there are lots of cheap coins but the movement is good for now, you need some right coins for you to invest, a great opportunity for you if you can see good coins for now, to get passive income you need to follow the steps of people who has succeeded in the crypto world with the right strategy and analysis.

After everything you do, then instill confidence and optimism in the decisions you take, rest assured that something we start with good consideration and analysis, will produce something big without sacrificing a little confidence, that we have the ability in this field.

[livingfree]

For me staking ETH for ETH 2.0 is much more promising since this coin has very strong fundamental since more than 5 years ago. $CAKE is quite new and could be just another hype coin in bullish market back then. So i think for long time passive income, staking ETH is more profitable

I still don't think that staking ETH would be a good idea at the moment. I am an Ethereum holder but by calculating the stake profitability, I don't think that it's good to take the chance and have your funds lock in some platforms.

Wait until its fully implemented that you can remove or withdraw it at anytime. But owning Ethereum for now is a good idea and investment. Well, just as holding bitcoin, the profit that you'll get when its price goes up is worth it.

[fullhdpixel]

Many people recommend staking their coins as a way to get some passive income but to me it is not worth it, if the rewards are too small then you are suffering a huge opportunity cost as you could invest that money almost everywhere and get a lot more profits.

And if the developers offer a huge return for staking your coins then that to me looks suspicious, truth to be told while passive income looks great on paper it is very difficult to get and the profits you can get by actively using that money are way better, so I do not see a reason to pursue passive income in this market.

I have a similar feeling about staking but then it's pretty safe and still a good way to stack more coins and don't just look at it from a selling point of view. If you like the project you can hold the tokens for a later stage and then cash even bigger profits for the staked coins earlier.

There aren't many passive earning ways in crypto to be honest.

For me staking ETH for ETH 2.0 is much more promising since this coin has very strong fundamental since more than 5 years ago. $CAKE is quite new and could be just another hype coin in bullish market back then. So i think for long time passive income, staking ETH is more profitable

Indeed but it remains to be seen how it goes because when there's too much hype about something, it usually doesn't dwell well for the project and right now the hype for Ethereum 2.0 is quite a lot.

[tvplus006]

Staking is is a great way to earn passive income right, because of the volatile nature of the market right now it most difficult to guarantee a passive income in cryptocurrency. But staking gives some guaranteed income, even though you can’t get a stable price for your rewards token, so it is most likely not passive.

Staking not only allows you to get passive income, but also to lose all or part of your money. In this case, it all depends on the platform on which you place your coins. And the higher the APY, the higher the chance of losing money. And accordingly, the more reliable the platform, the lower the APY offered by it.