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Author Topic: What are your top coin to invest in for passive income?  (Read 1302 times)
hodlftw
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November 19, 2021, 07:59:22 AM
 #181

Don't have any at the moment but am hoping to stake ETH one day. I know you need 32 ETH atm and more equipment, I am hoping that will get simplified one day. Would be awesome to earn passive income on such a prestigious asset.

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MadeMen
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November 19, 2021, 08:16:55 AM
 #182

With the increase in projects that supports staking and decentralized exchanges that allows users to provide liquidity, there are several ways by which one could make passive income in the industry. Providing liquidity could be very lucrative for whales but for low coin holders staking of coin could be a good source of passive income.
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November 19, 2021, 08:50:03 AM
 #183

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 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

What of after investing or staking them and they start to fall will the stake be removable so that it can be use to buy any other coin or it will remain permanently until the time placed is completed

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JackieAinsley
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November 20, 2021, 10:00:35 AM
 #184


Now meme coins are very popular and they allow to earn more than other coins like this https://twitter.com/defidotoken/status/1438810085636116482
Many meme coins offer to get passive income too.

Meme coins are very popular now and they raise in price a lot. But also meme coins are very volatile. Now many people use meme coins for trading and speculations to ean more money.

Because meme coins are very volatile they are very risky. It is possible to earn money on meme coins but also it possible to quickly lose all your assets.
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November 20, 2021, 04:48:03 PM
 #185


Now meme coins are very popular and they allow to earn more than other coins like this https://twitter.com/defidotoken/status/1438810085636116482
Many meme coins offer to get passive income too.

Because meme coins are very volatile they are very risky. It is possible to earn money on meme coins but also it possible to quickly lose all your assets.

There is a big hype around meme coins. That is why they raise in price a lot. Now other assets raise so much like meme coins.
daxetoken
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November 21, 2021, 05:54:42 PM
 #186


Now meme coins are very popular and they allow to earn more than other coins like this https://twitter.com/defidotoken/status/1438810085636116482
Many meme coins offer to get passive income too.

There is a big hype around meme coins. That is why they raise in price a lot. Now other assets raise so much like meme coins.

Because of hype investing in meme coins are very risky. But some people earn big money on a big hype Smiley
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November 22, 2021, 06:22:30 PM
 #187

One should not forget that during a bear market Altcoins can lose up to 90% or even 99%. This risk renders any source of staking income (that is supposed to be used as a passive income to pay bills) practically useless when looking over a time period of a couple of years.
For a stable income look at possibilities to earn stablecoins for your crypto. For instance liquidity providing can be a good thing.
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November 23, 2021, 09:28:18 PM
 #188


Now meme coins are very popular and they allow to earn more than other coins like this https://twitter.com/defidotoken/status/1438810085636116482
Many meme coins offer to get passive income too.

Meme coins raise a lot but they also can fall a lot too. That is why investing in meme coins is very risky too.  They are very volatile that is why they are actively used for speculations.

Because meme coins falls a lot the most important thing is to sell this coins in a right moment Wink
People who sell their coins in a right moment can earn a lot of money.
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November 23, 2021, 11:28:22 PM
 #189

when you want to start investing don't use your doubts. even though there are so many types of coins to choose from, you can just convince yourself to buy a few coins that you think can benefit.
for example you can buy ETH, BNB, solana, and LTC coins.
but before investing, you better have a strategy so that you are far from losing

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November 24, 2021, 03:01:24 AM
 #190

Currently when it comes to ROI R U Generous is the best project Smiley

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November 24, 2021, 04:35:03 AM
 #191

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
Currently I have selected some tokens for investment. Hopefully the tokens can give good profit at any time. Such as- SHIB, SCLP, CEX etc. But this is just advice for your investment, whether you invest or not will depend on you because we all know that investing is always risky.

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November 25, 2021, 04:59:43 AM
 #192

Then choose the coin that has already popular and top coins in the market. Yes, there are many coins that you can get a passive income but mostly are meme coins with high APY.. This is so risky if you invest in the meme coins because they will turn scam. You must be careful what you invest and do research the project first. I already had a passive income in pancakeswap.. which is a good platform to earn extra money.

There is a casino platform that gives you profitability by having the token of it, having the token on the platform generates staking and the staking is for currencies such as BTC, TRX, ETH and some more, so I think that the more it hodl the Token of the platform and the more you have the native token is the more amount of staking that is generated, however there are other ways, in biswap is the way you can place a coin and generate BTC, BNB whatever you want to put in staking, of course All this has its risks, but you have to take certain risks to see long-term gains, for now this is the way I have found to make passive income.

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November 25, 2021, 05:24:48 AM
 #193

There are several coins that one could invest with high APR, but what should be considered is not only the APR of the project, but the feasibility of the project in terms of reliability and integrity. Some projects gave unimaginable  Apr but backed up even before the investors could cash out on their investments. The space requires a great deal of carefulness especially as it relates to investment decisions.
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