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Author Topic: Anyone here into passive investing (of their time)?  (Read 483 times)
maydna
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February 14, 2023, 12:34:48 PM
 #21

You can earn passive income from crypto, but it takes a long time to make a lot of money. If you've been in bitcoin a long time and already have a lot of bitcoins or trade them to make money and then collect a lot of bitcoins and hold them, you can make money in the future. And those profits could be more than enough to support you for the next few years while you still have bitcoins in your wallet.

We can not achieve passive income quickly and you have to work hard to make it happen. You can create a business franchise and promote it to the public to get potential buyers who will follow you, selling businesses like yours. By working hard, you can achieve passive income, as well as your potential buyers.

Bitcointalk is also a passive investment for Satoshi Nakamoto because Satoshi Nakamoto introduced it to some people, who continued to increase from time to time. And now, Bitcointalk has gained popularity, and many people already know Bitcointalk and can learn more about bitcoin. Satoshi now achieved his passive investment through this Bitcointalk Grin
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February 14, 2023, 02:29:12 PM
 #22

Passive income is indeed everyone's goal to enjoy the results of hard work at a young age, then the business runs smoothly without the need to work in it. That's what you mean? Yes, it will be very nice when a writer, songwriter, artwork, get royalties for their hard work even though it has been going on for years later.

Then our task now is to find out what can be used as passive income for at least the next 10 years? considering that almost all business sectors are full of new or old platforms.

I started to think the business of developing organic farming on a large scale could be a good opportunity.
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February 14, 2023, 04:26:30 PM
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 #23

Over the past few years, from 2015 to 2019 I have been involved in various fields such as blogger, fiction book writing, being a content creator on YouTube (in the internet world), as for other business fields in the real world, I once opened a screen printing business specifically for music band logos. and I also had time to work with several bands abroad but that didn't last long because the pandemic immediately destroyed my work.

And in 2020 I tried to enter the agricultural sector and so far it has been quite successful. By utilizing land ownership whose territory is still tropical so it is suitable for planting fruit and vegetables. Now for myself, this is my investment that has a long chance, because the level of profit earned from planting seeds to harvest has increased dramatically.

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February 14, 2023, 05:36:45 PM
 #24

I am not talented in the world of blogs and YouTube, even trading in the stock market. I prefer to make my passive income by selling food that is loved by children.
the food that I make I leave it in the school cafeteria, for the last 2 years I have been doing it, I have gotten a better income than I have made articles
Selling is a kind of active activity (not passive) but passive is the one that makes money to you even at your sleep. A good example would be is investing. Trading isn't a kind of passive activity but youtubing can be but indeed that both of them can be hard as it requires a good amount of skill while selling can be done by any people as long as they have a capital to start one. One of the hardships of selling is to find a place to sell your goods but it's great that you already have a good spot.

You are only paying some commissions there aren't you? You think you can make a better money from this than making articles, that is because your site might not be that popular enough and then maybe the articles that you make isn't also in good quality.

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February 14, 2023, 05:45:51 PM
 #25

For passive income,a lot is needed to achieve that. Money,skill,knowledge, patience,sacrifice, commitment. Crypto,for example if you want passive income in bitcoin, you must be able to afford upto 1btc,whereby you understand the market and sell at every ATH,and buy at the dip and so on,I guess this shouldn't be a stress. Op just like you said there must be a regular updates to keep your investment alive.

Investing into real estates is also another option but this means that you are rich,through this you can just relax and your money keeps pumping in annually, depends on the duration your property is on lease.

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February 14, 2023, 05:55:29 PM
 #26

in the past I created a scientific site (something relating an aspect of biology but enough attractive for every one)
I was able to carry out discrete number of visits (100K+ more in less than one year) with a practically minimal effort.

unfortunately over time even that minimum effort has become quite a lot to "scale up". Finding banners/sponsorship etc etc requires time Sad
A site like this must to be  up-to-date on information constantly.... yes and finally I gave up... Cry

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February 14, 2023, 06:03:52 PM
 #27

When we talk of passive investments, if land is considered a passive investment, then I have some lands in some areas that are developing really fast and the prices of those lands has continued to appreciate from time to time.
Another passive investment I have is in crypto, I currently hold some bitcoin which I don't plan on selling anytime soon, but I don't really consider this one to be a passive investment, I've invested massively in a promising altcoin which I currently have staked and earning interest in it every epoch which have a circle of 2 days, this one is what I really consider as a passive income, because aside the money I invested, profit ive earned so far from staking is really good, and I don't have any plan of unstaking anytime soon, so the profit is just gonna keep coming while the project itself develops into maturity.

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February 14, 2023, 06:04:40 PM
 #28

I think a lot of you have some missunderstading not only in what the OP say and want, but also because HOLDING ITS NOT A PASSIVE INCOME.

And a lot others say things about agricultural lands, man if you are not going to lease that soil to another to produce and sell the production and after that you take a part of that, its not passive if you sow work and harvest, no matter if the plant took 5 year to make to his full growth, in that time you spend work and time.

A singer can have a lot of passive income with the royalties of his songs for all his life. A lot of composer live of this. THAT ITS PASSIVE INCOME AFTER YOUR WORK.


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February 14, 2023, 06:18:01 PM
 #29

I think a lot of you have some missunderstading not only in what the OP say and want, but also because HOLDING ITS NOT A PASSIVE INCOME.

No, I have no misunderstanding. Someone who buys bitcoin at $20k and sells partially at $40k, $60, $100k etc gets passive income, as he just has to click.

As for stocks the same thing. Typically dividend paying stocks are considered passive income but if you have a stock that pays 3% a year but loses value at 5% a year you are better off buying an S&P 500 index fund for an average 10% annual return and making partial sales in bull markets.

You are not going to tell me that making two clicks to obtain income is active, are you?

Over the past few years, from 2015 to 2019 I have been involved in various fields such as blogger, fiction book writing, being a content creator on YouTube (in the internet world), as for other business fields in the real world, I once opened a screen printing business specifically for music band logos. and I also had time to work with several bands abroad but that didn't last long because the pandemic immediately destroyed my work.

How went those projects?

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February 14, 2023, 07:08:02 PM
 #30

I think musicians are like that too, like you release a song but every time people listen to it, you make money as well, plus when you have a concert, people will ask for that song, so the more you have, the better chance you can have songs people will listen to everyday. Books of course like that I agree, software is like that too in a way.

I mean you have to sell it, but if it is good enough, you work and build it once, then upload and then people will pay for it forever if it is good. Those type of stuff are quite important and you would be lucky to do that, but these are all things that require you to be very good at what you do, you can't be a terrible one and still make a lot of money just because you did it.

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February 14, 2023, 07:27:26 PM
 #31

I think a lot of you have some missunderstading not only in what the OP say and want, but also because HOLDING ITS NOT A PASSIVE INCOME.

No, I have no misunderstanding. Someone who buys bitcoin at $20k and sells partially at $40k, $60, $100k etc gets passive income, as he just has to click.

perhaps the most unclear term here is "passive investment", rather "passive income" perhaps. I certainly wouldn't call bitcoin holdings "passive" whatever.
if someone buys a house for $100k and after a year sells it for $150k. is it a passive investment?
also, after that final click, maybe there is some fiat profit, but what about the further growth of bitcoin? and what if in a year you can no longer buy 1btc, but only 0.8btc? is it then a passive investment or a missed moment of conversion to fiat?
for something to be called passive income or investment, I think that some kind of profit would have to come periodically without affecting the initial investment. at least in theory.

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February 15, 2023, 06:10:07 AM
 #32

A few years ago I got passive income from Google adsense, at that time I had several blogs with good visits so earnings from adsense could be 5x greater than my monthly salary, unfortunately I didn't focus on taking care of the blog and making rankings on search engines go down then it's gone, I made a site since school and about 3 years started to get earning which I think is satisfactory.


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February 15, 2023, 07:13:23 AM
 #33

for something to be called passive income or investment, I think that some kind of profit would have to come periodically without affecting the initial investment. at least in theory.

That is the classic definition. Typical would be a stock that pays you dividends, but whether an investment is more passive or less passive depends on how much time you spend on it.

If you are a landlord of 100 properties and you don't work on them at all, but you hire people to run them, meeting with them maybe a couple of times a year to review accounts, you have a more passive investment than if you have two properties and you are the one who is on the phone, the one who is in charge of going when there is a problem, preparing the house when the tenants leave and others are coming, etc.

Normally a large amount of capital makes it much easier for the investment to be more passive.

As for Bitcoin, and following what I have explained, you can also get passive income, which would not be what is called typically passive income, but it does not take more work than a few clicks.

I don't know about you, but I prefer to have passive income from Bitcoin, which gives me a return of 100% per year on average or more, than from a stock that pays dividends and gives me a net 5%, or -7%.

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February 15, 2023, 08:59:13 AM
 #34

A few years ago I got passive income from Google adsense, at that time I had several blogs with good visits so earnings from adsense could be 5x greater than my monthly salary, unfortunately I didn't focus on taking care of the blog and making rankings on search engines go down then it's gone, I made a site since school and about 3 years started to get earning which I think is satisfactory.
What surprised me about your story is why you didn't focus on taking care of your blog properly, even though you have already felt the results and it's also very extraordinary because the results from your Google Adsense blog can beat your own monthly salary. But for some reason you don't take care of it anymore and prefer to look for something else, even though it's clear that everyone is always looking for big income in an easier way so that the focus can be maximized.
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February 15, 2023, 08:39:30 PM
 #35

A few years ago I got passive income from Google adsense, at that time I had several blogs with good visits so earnings from adsense could be 5x greater than my monthly salary, unfortunately I didn't focus on taking care of the blog and making rankings on search engines go down then it's gone, I made a site since school and about 3 years started to get earning which I think is satisfactory.
What surprised me about your story is why you didn't focus on taking care of your blog properly, even though you have already felt the results and it's also very extraordinary because the results from your Google Adsense blog can beat your own monthly salary. But for some reason you don't take care of it anymore and prefer to look for something else, even though it's clear that everyone is always looking for big income in an easier way so that the focus can be maximized.
I used to have a blog too and I stopped as well and I can tell you my reason, no idea why he stopped but I am guessing it could be a similar reason as well. First of all, it requires a lot of work to keep doing it, even if you end up writing just one post per day, that is a lot of work, and most share multiple posts a day, there are big websites that posts 10 posts a day, you are competing against these people and having even one blog post per day is hard, 10 is near impossible for a single person, if you have multiple websites, calculate how much more posts.

Secondly these other companies and websites spend a lot more on marketing, so you have to spend more as well, and that causes a trouble as well and you can't afford it. So, it becomes near impossible to fight against these giants, and even when you work and spend money, you may end up not getting much in return.

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February 15, 2023, 09:41:37 PM
 #36

A few years ago I got passive income from Google adsense, at that time I had several blogs with good visits so earnings from adsense could be 5x greater than my monthly salary, unfortunately I didn't focus on taking care of the blog and making rankings on search engines go down then it's gone, I made a site since school and about 3 years started to get earning which I think is satisfactory.
What surprised me about your story is why you didn't focus on taking care of your blog properly, even though you have already felt the results and it's also very extraordinary because the results from your Google Adsense blog can beat your own monthly salary. But for some reason you don't take care of it anymore and prefer to look for something else, even though it's clear that everyone is always looking for big income in an easier way so that the focus can be maximized.
Bad decisions in life could really happen and this is where people do end up on regretting later on just because they had just missed out that opportunity.Unless there are things which they could regain it back but depending if ever it would be still a hit or had been totally forgotten.We know that even trying out to getting accepted or approved by Adsense is never been that easy.If you do see some results or progress then it is really that a huge mistake that you would really be just refocus into other things and leave it behind until you do realize that it was really that wrong on what you had done.
We are all looking for passive income which it would be understandable that we would really be doing our best to be financially free or earning more than with our main job.

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February 15, 2023, 10:59:44 PM
 #37

A few years ago I got passive income from Google adsense, at that time I had several blogs with good visits so earnings from adsense could be 5x greater than my monthly salary, unfortunately I didn't focus on taking care of the blog and making rankings on search engines go down then it's gone, I made a site since school and about 3 years started to get earning which I think is satisfactory.
What surprised me about your story is why you didn't focus on taking care of your blog properly, even though you have already felt the results and it's also very extraordinary because the results from your Google Adsense blog can beat your own monthly salary. But for some reason you don't take care of it anymore and prefer to look for something else, even though it's clear that everyone is always looking for big income in an easier way so that the focus can be maximized.

you have to understand at some point people got burned out with what they are doing even if you say they are earning good income from that side job. just take for example, those people who quit their high paying jobs. you will think that why would they quit if they already have it? sometimes it is the stress, the environment and other factors that people quit their respective jobs.

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February 15, 2023, 11:08:41 PM
 #38

Most of the passive income is created by money investment.  If we invest on stocks and some company that gives dividends.  Same goes when we buy Bitcoin as what @OP state or other token that have a staking program just like Biswap and other cryptocurrency that had been running a staking program for years now.

A few years ago I got passive income from Google adsense, at that time I had several blogs with good visits so earnings from adsense could be 5x greater than my monthly salary, unfortunately I didn't focus on taking care of the blog and making rankings on search engines go down then it's gone, I made a site since school and about 3 years started to get earning which I think is satisfactory.
What surprised me about your story is why you didn't focus on taking care of your blog properly, even though you have already felt the results and it's also very extraordinary because the results from your Google Adsense blog can beat your own monthly salary. But for some reason you don't take care of it anymore and prefer to look for something else, even though it's clear that everyone is always looking for big income in an easier way so that the focus can be maximized.

you have to understand at some point people got burned out with what they are doing even if you say they are earning good income from that side job. just take for example, those people who quit their high paying jobs. you will think that why would they quit if they already have it? sometimes it is the stress, the environment and other factors that people quit their respective jobs.

True there are people who gets tired of doing stuff again and again and they look for other option because they gone tired of making content every day.  It happen because it is not the passion of the person, if it is the passion of a person, he wil never leave it since he has been earning and doing what he wanted the most.
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February 15, 2023, 11:57:43 PM
Last edit: February 16, 2023, 12:22:11 AM by DOH!
 #39

Passive income is basically the same as creating multiple other sources of income at the same time.  Surely most will look for more passive income generating channels to support the main work in times of crisis like today because: passive income - less working time, less labor but creating wealth  accumulated assets.  My priority is to invest in bitcoin, gold, long-term securities for passive income, have friends introduce tiktok, sell online but it's not suitable for my work time.
Most of the passive income is created by money investment.
Yup. Passive income can be generated by investing more labor.  Passive earning channels like Tiktok, youtube, etc. are channels that need to invest more time, attention and effort.

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February 16, 2023, 03:35:46 AM
 #40

you have to understand at some point people got burned out with what they are doing even if you say they are earning good income from that side job. just take for example, those people who quit their high paying jobs. you will think that why would they quit if they already have it? sometimes it is the stress, the environment and other factors that people quit their respective jobs.
His past job was become a blogger which is there's no pressure since all the control will depends on him, he can write anywhere, so environment factor is really wrong here. Having a any jobs will have a stress, people who have no jobs have a stress too. I believe he's the main problem why his blog is gone, if he keep learning and don't get satisfied with his result, I'm sure his blog is still survive and make money until now.

there are big websites that posts 10 posts a day, you are competing against these people and having even one blog post per day is hard, 10 is near impossible for a single person, if you have multiple websites, calculate how much more posts.

Secondly these other companies and websites spend a lot more on marketing, so you have to spend more as well, and that causes a trouble as well and you can't afford it.
Now it's possible for one person to create 100 articles per day because we have ChatGPT Cheesy

Many sites even copy pasting from the other articles and put the original source on the bottom, so it's not a plagiarism anymore and not broke copyright law.

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O F F I C I A L   P A R T N E R S
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ASTON VILLA FC
BURNLEY FC
BK8?.
..PLAY NOW..
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