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Author Topic: Seeking Passive income offer with low risk  (Read 447 times)
Iamcrypticguy (OP)
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September 06, 2023, 01:57:04 PM
Merited by Fivestar4everMVP (1)
 #1

This is the longest bear market I've ever witnessed, and I've been in the crypto space for about 4 years now. I've blown my trading accounts many times and have taken numerous risk management courses in preparation for the bull market. I'm tired of waiting, and I don't have the mental fortitude to keep trading, haha. This brings me to why I'm writing this...

I've been searching for an opportunity that will enable me to earn extra income to keep me afloat in anticipation of the bull run, but I've always hit a roadblock due to several reasons like low APYs, dicey processes, and high risk, etc. I'm more conservative with finances, so I would appreciate any suggestions on a passive income offer or product with low risk. Preferably, my capital would be protected, and the potential for growth would work well for me.
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September 06, 2023, 02:47:03 PM
 #2

If you want passive income, I recommend staking your funds. I believe now is a fantastic moment to stake because cryptocurrency prices are too low. Staking is superior to investing since you can earn more tokens while keeping your assets. If you acquire Bitcoin or altcoins today, you can profit more when the price rises. In my perspective, we are already in a bull market. However, because we are in the retracement phase, it is not too late to buy; we only need to figure out what the potential swing point is before the price continues to rise.
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September 06, 2023, 04:33:26 PM
 #3

This is the longest bear market I've ever witnessed, and I've been in the crypto space for about 4 years now. I've blown my trading accounts many times and have taken numerous risk management courses in preparation for the bull market. I'm tired of waiting, and I don't have the mental fortitude to keep trading, haha. This brings me to why I'm writing this...

I've been searching for an opportunity that will enable me to earn extra income to keep me afloat in anticipation of the bull run, but I've always hit a roadblock due to several reasons like low APYs, dicey processes, and high risk, etc. I'm more conservative with finances, so I would appreciate any suggestions on a passive income offer or product with low risk. Preferably, my capital would be protected, and the potential for growth would work well for me.
You don't like low APYs which is the safe and low-risk way of investing in this market. There's no other choice that you've got upon having this condition of earning with lesser risk. If you want to protect your money from any risk then you can visit the branch near you and ask them for their products like a time deposit. That will secure your money more if you've got this type of condition. Staking is like the counterpart of it on this market but as you've said, you don't like low APYs.

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September 06, 2023, 05:40:00 PM
 #4

This is the longest bear market I've ever witnessed, and I've been in the crypto space for about 4 years now. I've blown my trading accounts many times and have taken numerous risk management courses in preparation for the bull market. I'm tired of waiting, and I don't have the mental fortitude to keep trading, haha. This brings me to why I'm writing this...

I've been searching for an opportunity that will enable me to earn extra income to keep me afloat in anticipation of the bull run, but I've always hit a roadblock due to several reasons like low APYs, dicey processes, and high risk, etc. I'm more conservative with finances, so I would appreciate any suggestions on a passive income offer or product with low risk. Preferably, my capital would be protected, and the potential for growth would work well for me.

BTT is definitely one that sounds supportive in this regard, because you get to make some amount of income if you get your rank up and write for a campaign here. It is a passive income for those who have it to thank for and a true source for those who may be financially incapable or conservative as you hinted.
Besides this, unless you got no choice or naysay about trading physical products or offering services with your skills, then trading altcoins using copy trading features and AI bots, might just be the solution to your inconsistent effort so far in the crypto space.

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September 06, 2023, 05:57:25 PM
 #5

As the market has been waiting for a good time for four long years I think the time has come for you after a long wait. The market condition is much lower now compared to other times, so you can invest the amount you have saved in these four years for a long period of time if you want. Now if you can invest in the market then undoubtedly you will get some good returns from the market. I appreciate your patience as you have waited for four years and since you have enough patience you will be well ahead in seizing this opportunity. Invest in any coin and wait some more time. While waiting like this, you will see a profit of twice the amount you have invested.

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cabron
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September 06, 2023, 06:06:55 PM
 #6


There are passive income opportunities in crypto, it is not however low risk. Since the bear market is almost over, you may even think the prices have already hit the rock to which it gonna be time to bounce.

If you are investing in the staking tokens (POS) I think is time after all their prices have already bottomed. In the next bear market in 2026 I guess it wouldn't drop to the current price anymore. Staking is a passive income, it a long wait to become sufficient however and we are not even sure how much you make with 32 ETH.

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September 06, 2023, 06:21:19 PM
 #7

Staking would be the common solution. I personally don't have any idea to recommend on how to earn passive income in cryptocurrency right now aside from staking. It's a long bear market and maybe this is the time for you to invest on your chosen token as we are nearing the bull market. The long term plans might have a much worth that small gains you can get today.

Providing service would be the safest choice to generate income but yes, it's not a passive income.
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September 06, 2023, 06:26:09 PM
 #8

You can't have a low risk factor and a high yield at the same time. I can't think of anything that can suit your needs except staking, which provides you with quite decent opportunities, depending on how much you're willing to risk. Firstly, you could go for stablecoins, either algorithmic or the most known ones such as USDC, TUSD, and so on; these, however, won't yield any significant APY but are generally safe options. On the other hand, algorithmic stablecoins offer much higher yields, but there's always the risk of facing a possible depeg for a variety of reasons, like we saw with UST.

Moreover, you can opt for other pairs, except stablecoins, and achieve higher yields; however, with those, you'll face the risk of losing money due to impermanent loss, which is the possible devaluation of the coins you're staking.

R


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September 06, 2023, 06:43:12 PM
 #9

Passive income with bitcoin is tough, there are few places like binance and freebitco.in that end up doing something like that, but its usually not that big of a deal, and not a big return. I would say just DCA and accumulating is the only way to move forward right now. You shouldn't try to make profit during the bear market, you should minimize the loss during the bear market and if it works then it works, if it doesn't work then it doesn't work. But trying to make a profit during the bear run will lead you to riskier and riskier stuff that would not be smart, just staking for %1-2 return could be the only thing you could do at this moment, nothing else for passive income.

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September 06, 2023, 07:00:50 PM
 #10

If you want passive income, I recommend staking your funds. I believe now is a fantastic moment to stake because cryptocurrency prices are too low. Staking is superior to investing since you can earn more tokens while keeping your assets. If you acquire Bitcoin or altcoins today, you can profit more when the price rises. In my perspective, we are already in a bull market. However, because we are in the retracement phase, it is not too late to buy; we only need to figure out what the potential swing point is before the price continues to rise.

Apart from staking, there are also different ways to generate passive income in a bear market. These include DeFi lending, yield farming on DEX/CEX, etc. However, if the OP wants a lower-risk option with capital protection, then he/she can consider this : https://www.bitget.com/earning/snowball
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September 06, 2023, 07:13:02 PM
 #11

This is the longest bear market I've ever witnessed, and I've been in the crypto space for about 4 years now. I've blown my trading accounts many times and have taken numerous risk management courses in preparation for the bull market. I'm tired of waiting, and I don't have the mental fortitude to keep trading, haha. This brings me to why I'm writing this

Anything new can come up anytime from now, we've been on this altogether but it only require more time with enough patience to get to where we are heading to, the bear season will definitely end anytime soon, we only have to be more adaptive to this current market before things start to be changing for good, bitcoin is the only currency we can always have it assurance to rise whenever it falls, all that is needed is to continue with holding for now if we can persevere without releasing yet till it's all gone.

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September 06, 2023, 08:30:51 PM
 #12

This is the longest bear market I've ever witnessed, and I've been in the crypto space for about 4 years now. I've blown my trading accounts many times and have taken numerous risk management courses in preparation for the bull market. I'm tired of waiting, and I don't have the mental fortitude to keep trading, haha. This brings me to why I'm writing this

Anything new can come up anytime from now, we've been on this altogether but it only require more time with enough patience to get to where we are heading to, the bear season will definitely end anytime soon, we only have to be more adaptive to this current market before things start to be changing for good, bitcoin is the only currency we can always have it assurance to rise whenever it falls, all that is needed is to continue with holding for now if we can persevere without releasing yet till it's all gone.

But merely holding without yielding anything on your Bitcointalk can be really discouraging you know? Staking should be encouraged in as much as it's on a safe platform.
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September 06, 2023, 08:55:30 PM
 #13

This is the longest bear market I've ever witnessed, and I've been in the crypto space for about 4 years now. I've blown my trading accounts many times and have taken numerous risk management courses in preparation for the bull market. I'm tired of waiting, and I don't have the mental fortitude to keep trading, haha. This brings me to why I'm writing this...

I've been searching for an opportunity that will enable me to earn extra income to keep me afloat in anticipation of the bull run, but I've always hit a roadblock due to several reasons like low APYs, dicey processes, and high risk, etc. I'm more conservative with finances, so I would appreciate any suggestions on a passive income offer or product with low risk. Preferably, my capital would be protected, and the potential for growth would work well for me.
Having with those low APY's is better and less risky compared to those who do offer bigger ones which this is mostly been offered into those non-so established coins here on the market. If you do find yourself not really that too patient when it comes to this market movement in between bear and bull cycles then this market isnt for you but since you've been here on this market for 4 years then its impossible that you arent really getting used to it. Somehow i do really be able to understand the pain and the boredom when it comes to waiting game which it would really be that so normal that on the time that you do see your portfolio or earning or income isnt really that something that in fast pace or that a significant one then this is where doubts would really be starting. You would be seeking for other options even though its less risks but something profitable. It doesnt exist i should say because dealing up with this space does really signifies that you would really be needing to deal with possible long bear market season and instead on freaking out then it would be better on securing out your position
at the bottom and find and reap those profits on the time that market make out some reversals which i could say that this is only the situation.

R


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TimeTeller
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September 06, 2023, 09:00:32 PM
 #14

Passive income with bitcoin is tough, there are few places like binance and freebitco.in that end up doing something like that, but its usually not that big of a deal, and not a big return. I would say just DCA and accumulating is the only way to move forward right now. You shouldn't try to make profit during the bear market, you should minimize the loss during the bear market and if it works then it works, if it doesn't work then it doesn't work. But trying to make a profit during the bear run will lead you to riskier and riskier stuff that would not be smart, just staking for %1-2 return could be the only thing you could do at this moment, nothing else for passive income.

I hope the OP is thinking thru about this as some suggestions are quite risky.
Passive income is indeed hard to accomplish in this market, you will be more on the side of losing.
Staking is good if you found a progressive alt, but if its value is going down, you won't get profit from it.
I will prefer more on holding btc if you are financially capable. And just wait for the time when bullish season comes again.
Investing in lending platforms for me is quite risky also. As you won't know their lifespan, they can even abandon their site without a warning.
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September 06, 2023, 09:55:47 PM
 #15

There's one thing that's obvious about you , OP, and that is the fact that you are simply new here. Unless you have been here for long and only just became more active.
The bear run has been on for sometime now, but we have also witnessed a few short spell bull runs in between. I don't presume you are a full time trader, else you would have noticed the few bull runs and traded to your advantage within this period. Hence the importance of joining a group where crypto signals and news is shared regularly so as to keep abreast with the market speculation and trend.

This Bitcointalk offers a source of passive income, as much as Quora, YouTube , and any other social media could offer to any of its consistent and persistent users. The more one ranks up here, is the more they develope their writing skills and at some point , writing for a signature campaign could earn you more than what a salary could afford in a month.

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September 06, 2023, 10:08:33 PM
 #16

If you have your mind set of driving passive income from any venture,  then you should be ready to face any risk that comes along with that,  this is because most of the passive income models are of high risk,  while some people will suggests staking as means of making passive income,  I will like to point out a number of risk associated with staking which are numerous in number and for the fact that you are going to lose the custody pf your asset to a third party is some thing that beat all other advantages that comes along with staking and for such fo happen we have to look in the direction of sending the tokens into the staking platform and there after making some activities to be be qualified for the rewards at the end of the day,  this formula with stakiing have lead many people to loses in the past and that is why we have to look away from such.

The thing is that,  the world passive could mean a lot of things and this could possibly push is into some wrong directions,  for the fact that seeking passive income itself breeds a lot of risk,  it is far better to just buy bitcoin and hold just by taking the old long road to achieving financial stabilities.
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September 06, 2023, 10:58:37 PM
 #17

Passive income with bitcoin is tough, there are few places like binance and freebitco.in that end up doing something like that, but its usually not that big of a deal, and not a big return. I would say just DCA and accumulating is the only way to move forward right now. You shouldn't try to make profit during the bear market, you should minimize the loss during the bear market and if it works then it works, if it doesn't work then it doesn't work. But trying to make a profit during the bear run will lead you to riskier and riskier stuff that would not be smart, just staking for %1-2 return could be the only thing you could do at this moment, nothing else for passive income.

I hope the OP is thinking thru about this as some suggestions are quite risky.
Passive income is indeed hard to accomplish in this market, you will be more on the side of losing.
Staking is good if you found a progressive alt, but if its value is going down, you won't get profit from it.
I will prefer more on holding btc if you are financially capable. And just wait for the time when bullish season comes again.
Investing in lending platforms for me is quite risky also. As you won't know their lifespan, they can even abandon their site without a warning.

Despite the fact that the crypto industry is synonymous to risk, I quite agree with you and will recommend the OP explore some exchange earning product which are similar to staking. I was shuttling between OKX and Bitget at some point subscribing in their Shark Fin product which has been eventful but tbh one must have sizeable amount of assets to earn something reasonable. I also learnt another similar earning product (Snowball) was recently launched on Bitget.
It could be worth exploring cos imho HODLing alone can be boring but could be interesting when you can utilize some of these product to compound your holding.
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September 06, 2023, 11:05:54 PM
 #18

so far the thing that i've seen having low risk and yet massive return is following the IEO of certain project supported by venture capitals in which in getting whitelisted take a lot of efforts like you need to do some task here and there but the point is that, you're not risking your money to get the chance, but once you get the chance to invest which is limited, maybe for the purpose of keeping the demand there even after IEO finished then you can almost be sure that you will always have some increase in your investment, the project like these are sui and many more, though sometimes some of the project outright just airdropping like arbitrum but sometimes they also open ways for people to get the coins through investment.
so far i've see that as the most beneficial and advantageous investment nowadays unlike others, the pain point only lies in the getting whitelisted and thats it.

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September 06, 2023, 11:38:57 PM
 #19

Trading is not for the passive income first of all, as far you are investing a decent amount of capital in the market, this means that trading can be taken as a complete side Business setup in which if a trader educates himself and performs well, He doesn't need to be dependent on the other skills for his livings. If you really don't have time and trying to figure out the bter financial investment opportunities, rather than trading on a timeframe you should prefer BITCOIN accumulation for the long term, or Buy Hold. In this way be a side investment you can generate decent gains on every Bull market still risk involved but it can be taken care of.

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September 07, 2023, 02:05:17 AM
 #20

-snip-
but I've always hit a roadblock due to several reasons like low APYs, dicey processes, and high risk, etc.
Business instruments that sound more reasonable with fair profits for both parties offer high APY and high risk,  and vice versa. There are no offers that are really what you want, if there are they usually don't last long.

You should change your way of thinking to be more rational before you fall into dangerous investment schemes that you are not aware of.

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