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Author Topic: What are your top coin to invest in for passive income?  (Read 1302 times)
cliber
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October 29, 2021, 07:25:13 PM
 #121

With there being thousands of coins all earning diferentes APY percentajes ir can be hard to choose which coin invest in to get passive income.

Share your experiencies
Consideration is on each of us in choosing the top coins to make a profit. With so many good coins it will take a lot of analysis before deciding to buy, especially those from the NFT project...

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October 29, 2021, 07:43:41 PM
 #122

With there being thousands of coins all earning diferentes APY percentajes ir can be hard to choose which coin invest in to get passive income.

Share your experiencies
Consideration is on each of us in choosing the top coins to make a profit. With so many good coins it will take a lot of analysis before deciding to buy, especially those from the NFT project...
Invest on bitcoin, ethereum, SOL and BNB, and you'll start earning passive income in the future. Its true that there are a lot of coins to choose from and takes a lot of analysis, but if you are smart enough, you will just focus on these solid coins and everything good will follow. Though they may not give quick profits like meme coins do, but at least you are not losing too in just a quick of time. And you won't be worrying if the market suddenly dump because these coins have proven it already that they can withstand through all the tests. Maybe just be more patient this time.

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October 29, 2021, 09:30:30 PM
 #123

Consideration is on each of us in choosing the top coins to make a profit. With so many good coins it will take a lot of analysis before deciding to buy, especially those from the NFT project...
Going for passive income is never been good idea in crypto because you can scam, or you can face other issues as well just try to have some good knowledge of trading or good coins which better reputation good teams and better use case this can give you massive profit in long run which is helpful instead of going for passive income because currently going for staking or any other option also have no surety about income or good profit too many meme coins or scam devs projects are giving big loses just stay on course with your real time search and try to stay with good and strong projects having small profit or income is much better than losing your all money in chase of big.

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October 29, 2021, 09:32:51 PM
 #124


It is very important to find a prospective coin on the early stages of its development. But to do this development it is necessary to check. For example something like this - https://pacificdefi.medium.com/pacific-defi-weekly-report-oct-11th-18th-d41f66363dfb

It is good that now investors have a big choice of cryptocurrency projects but big choice means big work. It is necessary to carefully check all the projects.

Now the cryptocurrency market raise, it means that the price of many tokens will raise too.
But it is important to evaluate the prospects of the project to be sure that the price of the tokens will continue to raise in the future.
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October 29, 2021, 09:42:26 PM
 #125

These are all great information that people shared, there are shitcoins in there but when you have been around for a long time, it becomes something that you get used to after a while and can see them easily.

I personally believe that we should not be doing something that is risky in the crypto world so should be careful, specially with things that propose constant income since it is such a tough thing to achieve. As long as you hit one that is long term and has been around for a while, then you are going to be mostly fine, or at least weave the bad ones out.

The ones that promise the heavens for you and been around for just 3 weeks are the shit ones, sure they may reach to years and years eventually, and getting early could mean a lot, imagine if you got into cake on early days, but why risk it? For every cake, there are 1000's of shitcoins, so pick the ones that offer a decent return and has been around for many years.

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October 29, 2021, 09:59:03 PM
 #126

These are all great information that people shared, there are shitcoins in there but when you have been around for a long time, it becomes something that you get used to after a while and can see them easily.

I get to see hundreds of new projects coming out daily with billions and even trillions in supply. Some of them also give more than 30-2000x depending on the team's legitimacy and seriousness behind 'shilling' about it.

Quote
I personally believe that we should not be doing something that is risky in the crypto world so should be careful, specially with things that propose constant income since it is such a tough thing to achieve. As long as you hit one that is long term and has been around for a while, then you are going to be mostly fine, or at least weave the bad ones out.

Shitcoins also have their time, and their time is now if I'm not wrong. Shiba Inu is one example of how a shitcoin can become hope of today's trader. I see them talking that this coin could be even worth $1 (totally unrealistic).

Quote
The ones that promise the heavens for you and been around for just 3 weeks are the shit ones, sure they may reach to years and years eventually, and getting early could mean a lot, imagine if you got into cake on early days, but why risk it? For every cake, there are 1000's of shitcoins, so pick the ones that offer a decent return and has been around for many years.

None of the coins which promise heaven are good, but taking early advantage and leaving that coin forever is a prudent decision a trader must make. Learning how to play with these shitcoins can also make a fortune to the guy who trades it.

I will never go all in on these shitcoins but putting $10 or $20, or even $50 is not a big deal if the team is doxxed and the token is hyped a lot as it may bring me $500 which can help me gain 75% of my monthly expenses. Shitcoins are not to be taken seriously but they have potential, and without taking risks, fortunes can't be made. Wink
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October 30, 2021, 06:47:19 AM
 #127

Right now, YLDY (Yieldly). I'm getting a nice 30% APY for staking it on the token's native platform. I'm also bullish on yieldly long-term, so I see it as an investment, not just a good source of APY.
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October 30, 2021, 10:34:52 AM
 #128

Normally I chose the project with great interest and success. For example if the project is listed in exchanges and they have strong team. I buy their token and put it on staking. Passive income is another way to earn income specially at this pandemic where we really need money to provide our daily needs. For example Banana and pancakeswap tokens I bought a little and stake them.

To succeed and get passive income of course we have to dare to take risks, unfortunately to know whether the project we are following is good or not is very difficult, scam projects do the same thing as real projects, the easiest way is we spread our money to buy lots of cheap coins and hold for at least a year.
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October 30, 2021, 12:48:22 PM
 #129


It is very important to find a prospective coin on the early stages of its development. But to do this development it is necessary to check. For example something like this - https://pacificdefi.medium.com/pacific-defi-weekly-report-oct-11th-18th-d41f66363dfb

Now the cryptocurrency market raise, it means that the price of many tokens will raise too.
But it is important to evaluate the prospects of the project to be sure that the price of the tokens will continue to raise in the future.

To evaluate the prospects of the project it is necessary to have experience. But investors that carefully choose the projects they get experience from their work.
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October 30, 2021, 03:52:26 PM
 #130

Passive income is everyone's dream, currently I work in an office 5 days a week and it takes more than 10 hours in total to get a salary of around $600 per month, this is a small value and I find it difficult to save, the presence of crypto is my hope to be able to increase income and every month I force myself to invest around $50 and I usually buy cheap coins because they have the potential to earn big profits.

Same here, I also work from 8am-5pm but we all know that it isn't enough to save for future or emergency funds because the bills and needs are also catching up. Good thing cryptocurrencies is there to help as have a passive income.

I really prioritize bitcoin as my main passive income, even if I don't have much in my portfolio but I still have trust in it knowing that bitcoin has grown so much for the past 10 years since it was introduced by Satoshi Nakamoto. I personally try to invest weekly while also holding it until I am comfortable to diversify it to other altcoins. For now, I'm currently investing into BTC and ETH because as I said, I'm still working on daily basis and doesn't have plenty of time to work full-time in this forum and other means to make profit in crypto.

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the ghabbar
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October 30, 2021, 09:12:47 PM
 #131

To evaluate the prospects of the project it is necessary to have experience. But investors that carefully choose the projects they get experience from their work.
It is experience that teaches us to be able to think and evaluate every failure in the past, when all this has been passed, then we will be more mature in choosing. Investors are not just careful, they even risk a lot of things from what they do, so that every decision taken is based on careful consideration, otherwise they will also experience the same thing as us.
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October 31, 2021, 08:43:40 AM
 #132

With there being thousands of coins all earning diferentes APY percentajes ir can be hard to choose which coin invest in to get passive income.

Share your experiencies
To get it, try to choose a coin or token that is in a state of hype and choose it for the short term. I think if you do that, then I'm sure you will get the income you want. You can try on SHIB, AXIE tokens.
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October 31, 2021, 06:27:00 PM
 #133


It is very important to find a prospective coin on the early stages of its development. But to do this development it is necessary to check. For example something like this - https://pacificdefi.medium.com/pacific-defi-weekly-report-oct-11th-18th-d41f66363dfb

To evaluate the prospects of the project it is necessary to have experience. But investors that carefully choose the projects they get experience from their work.

It take a time to get experience. That is why it is important in the beggining of investment do not spend big money not to lose money and carefully check everything.
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November 01, 2021, 04:21:22 PM
 #134


It is very important to find a prospective coin on the early stages of its development. But to do this development it is necessary to check. For example something like this - https://pacificdefi.medium.com/pacific-defi-weekly-report-oct-11th-18th-d41f66363dfb

It is good that now investors have a big choice of cryptocurrency projects but big choice means big work. It is necessary to carefully check all the projects.

Big choice is a big opportunities. Cryptocurrency allows a lot of different opportunities and it is necessary to use them.
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November 02, 2021, 01:01:21 PM
 #135

I get a fairly large passive income from staking $cake $nmx. I have tried many AMM platforms but only pancakeswap and nominex have good price stability. Wink
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November 02, 2021, 01:10:31 PM
 #136

With there being thousands of coins all earning diferentes APY percentajes ir can be hard to choose which coin invest in to get passive income.

Share your experiencies
Hey guys, Paybswap DEX sounds all in one to me.
- The first cross-chain AMM on BSC.
- Interoperable based on their bridge from BSC to ETH via the Polkadot relay chain.
- NFT Marketplace
- Low transaction fees
- Staking pool
- High APR farms
 
Amazing. Isn't it?
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November 02, 2021, 01:32:22 PM
 #137

I get a fairly large passive income from staking $cake $nmx
I have tried many AMM platforms but only pancakeswap and nominex have good price stability

You can try to do your own research on good assets for staking but I suggest you only choose crypto assets that have a large back up, a large community and also a good reputation. Shocked Shocked Shocked
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November 02, 2021, 06:24:49 PM
 #138


It is very important to find a prospective coin on the early stages of its development. But to do this development it is necessary to check. For example something like this - https://pacificdefi.medium.com/pacific-defi-weekly-report-oct-11th-18th-d41f66363dfb

Big choice is a big opportunities. Cryptocurrency allows a lot of different opportunities and it is necessary to use them.

To use this opportunities it is necessary to study and check all information about the project. It is important to find this opportunities.
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November 02, 2021, 09:09:47 PM
 #139

With there being thousands of coins all earning diferentes APY percentajes ir can be hard to choose which coin invest in to get passive income.

Share your experiencies

I frequently stake on the Binance exchange in a very short time. Maybe three months at the most. The APR is not very high compared to the Pancakeswap exchange. However, I often stake BNB if I get the chance. Since the BNB coin is very active the rate of price changes, so the opportunity to earn profits after staking can be guaranteed.
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November 03, 2021, 07:41:35 PM
 #140


It is very important to find a prospective coin on the early stages of its development. But to do this development it is necessary to check. For example something like this - https://pacificdefi.medium.com/pacific-defi-weekly-report-oct-11th-18th-d41f66363dfb

It takes time to check the project especially if you check the development of the project. In the first stages, it is very difficult to evaluate how active the project is developing.

Development take a time. And you can not check development on the fist stages when project just appeared.
Many projects promise a lot but not all of them fulfill their promises.
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