Passive Income Sources

[noorman0]

-snip-
OP, do you really expect people to disclose their various streams of passive income (assuming they have any) on this forum?

Of course not, this is just a simple question as preamble of the real purpose, shillings about "divi".
Some of them:

Divi

Divi

Divi

Divi

Divi

DIVI

DIVI

DIVI

Divi

[1715203897]

1715203897

[1715203897]

1715203897

[1715203897]

1715203897

[Ruvi2000sew]

The demands of life are constantly increasing; if we rely too heavily on active income, such as working or trading, we will be unable to earn money when we are sick. This forces me to invest in a variety of places, including stocks and cryptocurrencies. I am hoping that the performance of about 50+ coins that I own will skyrocket, allowing it to become passive income.

[dezoel]

People do not fully understand passive income as well, that creates the biggest problem. For example let's assume that you have a blog website, it is simply a website that shows how you can do stuff in crypto, like how to buy something on binance, or how to use ledger nano s, how to connect your ledger to metamask etc etc basically information that rarely ever changes and not opinion pieces.

You may write 1000 of these posts, which helps people, and then you can stop. Writing 1000 posts that help people will be very hard work, you will be tired beyond your logic, it is incredibly hard to write even one of them, and we are talking about 1000 of them. However after you are done, it is passive income, you did it and from that point forward you rarely ever work, maybe some small stuff but usually that's passive income afterwards. People only think of staking or something when they think of passive income and that makes the biggest difference.

[Timelord2067]

-snip-
OP, do you really expect people to disclose their various streams of passive income (assuming they have any) on this forum?

Of course not, this is just a simple question as preamble of the real purpose, shillings about "divi".
Some of them:
(Snip)

I'm away from my desk for a few hours, but a quick check if those UID's shows at least a couple were created in the same date.  A sure marker of alts shilling.

Case in point, the brand new user who posted directly above me for their first post.  Archive [1a] [1b]

[boyptc]

House rental.

Car rental.

Thats true!! One of my favorite passive incomes are from the cryptoworld, i have by now three and my firts it's from Divi i LOVE It and It helps so much cause it's have a good incomes

Staking you mean? it also depends on the crypto you're going stake.

[Francrypto]

On the average, millionaires have 7 sources of passive income. Share your streams of passive income as this may help a reader build more wealth.

Currently I have a source of passive income, I am staking with Divi

[Hydrogen]

Can you even withdraw BAT that you earn from your Brave browser without having to go through KYC?  Anyway, I'm not sure getting daily airdrops is a good way to get passive income--it certainly is passive, but what you get is of questionable value at best.  At least with PoS coins you're getting paid in kind and can sell the coin as long as there's some liquidity and an exchange that has it listed.  With tokens and airdrops you really have to receive enough to be able to sell at whatever the minimum amount is on an exchange--and that's assuming there's an exchange that lists the token.  NFTs are a whole different story.

Bad news:  KYC is mandatory.

Good news:  BAT can now be withdrawn through gemini exchange. Uphold no longer has a monopoly over brave browser BAT withdrawal. A lot of people had problems with uphold wallet not updating their BAT balance for months. Hopefully those issues clear up with the inception of another payment option.

...

The way splinterlands SPS airdrops work, there are 365 days of airdrops scheduled. We're 56 days into the 365 day cycle. Everyday for 1 year people will receive SPS depending on their holdings in game. Those who got in early and amassed large account holdings could earn $30+ a day for 1 year. The main downside is SPS losing value over time (similar to BAT). Most dump their SPS holdings expecting the price to diminish, there's no HODL incentive built into the mechanics of the token.

Some of the collectible card NFTs that are used in game, I bought for less than $5 months ago. Are worth more than $100 now. But to be honest, this is a fun thing for me. I never took it seriously as a money maker. And still don't. I haven't even tried to cashout my SPS or my NFTs to see what the process is like.

Its overflowing with options, in terms of NFT auctions and being able to rent out NFTs to other players. I wish more games would pursue a similar open market format supported by devs. Rather than being paranoid over in game market abuse and offering as few options as possible.

DRIPs are great, and those stocks I own that pay dividends are in DRIPs, not held in a brokerage.  But yeah, you have to have enough money to invest in them in the first place if you plan on retiring early.  But the power of compound interest is quite amazing.

Exactly.

Back when mixed martial arts was a more one dimensional sport. It was possible to earn consistently good compounding interest betting on fights. These days things are different though. With the unreliable judging and shenanigans its a lot harder now.

[ethereumhunter]

If the passive income sources can give me monthly money, then I do not think I have one now, but I am still trying to have a passive income source. If you are staking any coin and earn decent money that can cover your cost monthly, then that will be a passive income. If your staking does not earn you decent money, that is not a passive income source, but you are on the right track to having passive income sources.

[Chato1977]

i am not a millionaire and i only have 2 passive source of income.

though i don't need to disclose here .

On the average, millionaires have 7 sources of passive income. Share your streams of passive income as this may help a reader build more wealth.

Currently I have a source of passive income, I am staking with Divi

Nice so you have advertise your coin here lol

[teaatnighttime]

I think the answer is simple yet complex in a time-consuming manner. We all know this means we should 1) own stocks 2) rent out 3) author a book 4) make You-Tube videos 5) have a primary source of income like a part-time job 6) market yourself on all forms of social media and 7) invent/innovate/ something. You know what to do you just have to put forth the work and make an answer for yourself. Everyone is probably capable of it but nobody is willing to go through with it and it doesn't necessarily have to be much. Find the niche with that one answer and act on it. If you wait or sleep it off then it will be a wasted opportunity. For example right now, I can tell you electric vehicles are going to be the new fad. This opens up a whole new industry. You can open up a business selling parts for electric vehicles. You can repair electric vehicles. With all of this knowledge you gain from electric vehicles you can turn it into videos, books, journals, social media posts, buy property, land, businesses, become a businessman, a boss, a doer, an executioner. That's what I believe. Just sit in your own peace, when you have been fed and cared for, then act.

[Chato1977]

I have below 7 passive income sources and one I would like to disclose is PoS coins like Divi since as time goes on ETH would bring a realization to staking and would be very expensive to run a node with Eth by then people would find diverse ways of running nodes on great projects and with that much attention Divi would appreciate a lot in value and all rewards gained by then would be really reliable

You group of DIVI shill account , Wondering your passive income is spamming this forum from your Shitcoin owner.

I lost my appetite in this Divi project and will never invest a penny as this is a obvious scam .

[smyslov]

On the average, millionaires have 7 sources of passive income. Share your streams of passive income as this may help a reader build more wealth.

I have four passive incomes so far and looking forwards to add more, 2 of them are based on Cryptocurrency, you should not put all your eggs in one basket, you should diversify because there's no guaranty that one passive income will give you the desired income the best way to get rich is to have money for you while you are sleeping.

[Dennnis]

On the average, millionaires have 7 sources of passive income. Share your streams of passive income as this may help a reader build more wealth.

What do you think about real estate investments?

I found an interesting article on this topic, what is your opinion?

https://groysmanconstruction.com/apparent-benefits-of-home-additions/

[boyptc]

4) make You-Tube videos

This is really a good passive income if you have built your audience, community, and channel. And you can add to it with blog websites if you like writing.

But with making youtube videos, when you've grown your channel and make your great content then you're now going to being full-time on it.

[Renampun]

for now I have 3 sources of income...

My main income is from the signature campaign, then passive income from investing in pancakeswap, the last one is selling masks or women's clothes online.

[bitterguy28]

I just have 1 aside from crypto investment ..

[semobo]

Passive income source and income source are different, most people here claim that their job is also a passive income source which is actually wrong. Passive income source is something that gives returns every year or short term with no effort from is which are dividends for example.

[Barinekapaul]

On the average, millionaires have 7 sources of passive income. Share your streams of passive income as this may help a reader build more wealth.

Its good to have passive income though as that will make you more financially independent.
The sources of income I have that has been helping me are; Taking online surveys, freelances,
affiliate marketing etc. As I mentioned in the poll that its less than 7 though

[boyptc]

Passive income source and income source are different, most people here claim that their job is also a passive income source which is actually wrong.

Who said that their salary is a passive income? I haven't seen someone said that and that's obviously an active income.

Passive income source is something that gives returns every year or short term with no effort from is which are dividends for example.

After making that much effort in building that passive source of income then that's what's next, you'll earn from it as if it looks easy.

[Iron Fist]

There are a wide range of passive income sources, some more lucrative than others. What's important to realize is that you need to know what type of return on your investment you will be looking for. In general, the returns you get from a passive income source should be more predictable than other types of investments.

You will be able to work toward generating a high level of passive income over a long period of time and then you can expect a high return on your investment. With that said, it's important to know that you will need to invest the time to identify and achieve a passive income source that will yield returns.

According to Investopedia, there are four passive sources of income that are worth exploring:

1. Real Estate
2. Peer-to-Peer Lending
3. Dividend Stocks
4. Index Funds

The Bottom Line
The benefits of passive income investments can be great, but as with any investment, it's important to weigh potential losses against the expected returns.