GreatArkansas
Legendary
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Merit: 1394
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September 08, 2023, 01:42:14 AM |
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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... (....)
Well, for me, if you are a good trader, bear market condition is not an excuse, maybe you are just not trading fine, better to fix something from your trading. Maybe you are just in a spot or always long position. I understand your feeling, especially in a bull market where it's very easy to make money because who else not making money in a bull market? Where everything you buy just goes up. Good 'ol days.
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libert19
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September 08, 2023, 04:17:42 AM |
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I'll quote my yesterday's response given to similar question. I get 8-9% apr on Hive blockchain ( https://hive.blog is main frontend), your funds remain in your custody all the time. You can use services like dlease.io to lease your hive. Can undelegate anytime and receive back your hive, it will take 5 days for your undelegation to complete.
Hive was born of Steem because community didn't like Justin's takeover over Steemit. Hive is active community full of developers and bloggers. Multiple ways to earn, hundreds of dapps, feeless blockchain. I consider it much better than DeFi because what many of them are trying to achieve there, already happens here.
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TheUltraElite
Legendary
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Activity: 3052
Merit: 1329
Take good care of your parents!
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September 08, 2023, 07:56:43 AM |
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I agree that the bear market has been long and that it has taken its toll on traders. More so if the traders had bills and loans to pay off and they have exited the market even if at a loss if necessary.
Remember that the earning from the market is a long term game which is not compatible with the staking one yeild farming or other stuff gets popularized on the market.
At this point I feel that getting the full potential of the all time high markets is essential in trading that is what people should strive for.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | ▀█ | THE #1 SOLANA CASINO | ████████████▄ ▀▀██████▀▀███ ██▄▄▀▀▄▄█████ █████████████ █████████████ ███▀█████████ ▀▄▄██████████ █████████████ █████████████ █████████████ █████████████ █████████████ ████████████▀ | ████████████▄ ▀▀▀▀▀▀▀██████ █████████████ ▄████████████ ██▄██████████ ████▄████████ █████████████ █░▀▀█████████ ▀▀███████████ █████▄███████ ████▀▄▀██████ ▄▄▄▄▄▄▄██████ ████████████▀ | ........5,000+........ GAMES ......INSTANT...... WITHDRAWALS | ..........HUGE.......... REWARDS ............VIP............ PROGRAM | . PLAY NOW |
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tjtonmoy
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September 08, 2023, 08:42:02 AM |
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`Snip
This is what most people don't understand and keep sticking to staking. And people will still do it until they face the consequences. I am a victim myself. I staked up to $360 once on a platform. That got hacked! And I was left with only $18 in the end. It was locked so I was unable to move my funds or sell it. That's one case. The 2nd time that happened to me was a price drop. In the last bull market, I staked some tokens and it was also locked staking. I bought it for around $16 per token with $550 and the bear market started. It dropped slowly from $12 to $8 and then to $5 and the last price was $1.3. I could have sold around $12 or $8 and then buy again at $5 and the bottom at $1.3. But I was unable to do it. Why? Because the shit was locked. Guess the price now? $2.5 or something per token. This is the scenario with passive income from staking. Keep your funds to yourself and search for opportunities. Not your key, not your coin guys. Get it straight.
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taufik123
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Rollbit.com | #1 Solana Casino
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September 08, 2023, 09:15:02 AM |
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Well, for me, if you are a good trader, bear market condition is not an excuse, maybe you are just not trading fine, better to fix something from your trading. Maybe you are just in a spot or always long position. -snip-
This being the case, bearish market conditions should be capitalized on by good traders with a broad understanding of trading. Bearish or bullish both can be a place to profit, by trading Futures, always provide profits when rising or falling. Just need to see how good the understanding of technical and fundamental analysis trading science is. But if it does not take advantage of the moment of price fluctuations, then it needs to be questioned, of course, it does not have a good understanding of trading.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | ▀█ | THE #1 SOLANA CASINO | ████████████▄ ▀▀██████▀▀███ ██▄▄▀▀▄▄█████ █████████████ █████████████ ███▀█████████ ▀▄▄██████████ █████████████ █████████████ █████████████ █████████████ █████████████ ████████████▀ | ████████████▄ ▀▀▀▀▀▀▀██████ █████████████ ▄████████████ ██▄██████████ ████▄████████ █████████████ █░▀▀█████████ ▀▀███████████ █████▄███████ ████▀▄▀██████ ▄▄▄▄▄▄▄██████ ████████████▀ | ........5,000+........ GAMES ......INSTANT...... WITHDRAWALS | ..........HUGE.......... REWARDS ............VIP............ PROGRAM | . PLAY NOW |
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red4slash
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September 08, 2023, 09:44:23 AM |
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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... (....)
Well, for me, if you are a good trader, bear market condition is not an excuse, maybe you are just not trading fine, better to fix something from your trading. Maybe you are just in a spot or always long position. I understand your feeling, especially in a bull market where it's very easy to make money because who else not making money in a bull market? Where everything you buy just goes up. Good 'ol days. OP is not very good at applying some of the basics, especially in implementing financial management, so he is experiencing difficulties like now. When it comes to this long-lasting bear market, I think there will be a lot of people who are also really hoping for a bull market to come in the not too distant future. But that's what happened, we have to wait longer to see something like that. Here, our mentality will play an important role in determining our own future. And it seems like the OP didn't prepare enough, including looking for additional income that should have been done even before the undesirable thing happened. Things like this must be prepared from the start, lest we confuse ourselves later. Or if we really can't take it anymore, then the best step is to stop trading for a while.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | ▀█ | THE #1 SOLANA CASINO | ████████████▄ ▀▀██████▀▀███ ██▄▄▀▀▄▄█████ █████████████ █████████████ ███▀█████████ ▀▄▄██████████ █████████████ █████████████ █████████████ █████████████ █████████████ ████████████▀ | ████████████▄ ▀▀▀▀▀▀▀██████ █████████████ ▄████████████ ██▄██████████ ████▄████████ █████████████ █░▀▀█████████ ▀▀███████████ █████▄███████ ████▀▄▀██████ ▄▄▄▄▄▄▄██████ ████████████▀ | ........5,000+........ GAMES ......INSTANT...... WITHDRAWALS | ..........HUGE.......... REWARDS ............VIP............ PROGRAM | . PLAY NOW |
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AnonBitCoiner
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September 08, 2023, 09:45:34 AM |
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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. All safe coins offering low APYs and you should accept it if you want to stake securely but if you are looking for high return then you should mindset of high risk because those projects offering high apys didn't stay long often. staking is best option in bear market because every coins is down, when you stake, it will not only gives you passive income but also possibility of price increase. I will recommend to stake only thise coins which offering something for long term or coins used for gas fee like Eth, Atom and other Proof of stake coins. CRP. is also best option you could mine. The token price currently trading at 0.4$ and chances of reaching 1$ is high. you need utopia wallet to do this. I am not sharing because I wearing signature but infact the whole ecosystem is improving day by day so we can expect something great and also staking will give you good reward where risk is absolutely low
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▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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TheSpiral
Full Member
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Sinbad Mixer: Mix Your BTC Quickly
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September 08, 2023, 10:10:37 AM |
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You said that this is longest bear market so I want to tell you that before this there was one of the longest bear season in 2021 and 2022 which was longer than this and that time the price was much lower that if you think about past then you will be thankful to this worth of bitcoin.
People are rushes towards trading and investment but they are not interested in other thing so I think they just know about these two and are unaware that other beneficial task are also present in cryptocurrency world.
So I will suggest that keep your bitcoin hold but also engage yourself in bounties and signatures campaign because this little amount will give you courage to continue your investment.
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rozak
Sr. Member
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★Bitvest.io★ Play Plinko or Invest!
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September 08, 2023, 11:21:18 AM |
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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...
If you are tired of waiting then get out of investing. if you are not mentally strong enough to trade then never put your money in a trade. no minimal risk. actually you already know what you have to do. simply buy Bitcoins and wait for the bullish season to arrive. all you need is patience. if you are impatient then put your money in the casino to double it or lose it.
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Don Pedro Dinero
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September 08, 2023, 01:36:20 PM |
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<...> 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.
The best options for finding passive income with low risk are outside the realm of cryptocurrencies. As cabron says: There are passive income opportunities in crypto, it is not however low risk.
If you want to receive a low-risk income you can buy treasury bills or government bonds from reliable countries, which will give you an interest, which we can consider passive income, but which does not actually beat inflation, so you are actually losing money. If you want to beat inflation, the investment is going to have more risk, and the higher the potential return, the higher the risk. You have been given some advice in the thread. What I would recommend is to buy bitcoin now and start selling partially when the price breaks the ATH of $69K and when it breaks $100K or close to it. You can make a 3 or 4X in a short time, which is not exactly passive income, which is usually understood as receiving a periodic income, monthly for example, but it is quite passive and a fairly safe bet. Although I recommend that you never sell all your bitcoin.
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Eureka_07
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September 08, 2023, 02:33:23 PM |
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<snip>
Staking is definitely less risky than yielding DeFi tokens, so I believe staking is one of the better choices if you're looking for a safer investment option. By the way, are you specifically seeking for something to invest in? You could also consider offering your services or taking on extra jobs to increase your funds while waiting for a bullish market.
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Fivestar4everMVP
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Leading Crypto Sports Betting & Casino Platform
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September 08, 2023, 03:10:55 PM |
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Well, if you are not ready to start taking risk in buying some bunch of shitcoins to stake for daily, weekly , or monthly APYs , then, trading remains your best choice. I will only advice you try and educate your self more on trading, buy courses that could teach you how to read charts, make a perfect market analysis, know the right sources to depend on for breaking news relating to the market..
And also, you could diversify your trading into forex and crypto, and very importantly again is to have a good trading tools.
Though I myself don't trade all the time, but I have friends who are professional traders, by professional traders, I mean they do nothing else aside from trading, some are with family, and they are making enough money to Carter for themselves and their family, living very comfortably. This is why I believe you can still make a good living from trading if you are doing every thing right ..
But then, if you are still interested in other means of earning, which is not bad any way.. You can look into .. - Staking - don't stake on centralized exchanges. - Liquidity provision on dexs like uniswap, pancakeswap and so on, but be very careful here as well to only put your money in legitimate shitcoins only .
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Ultegra134
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September 08, 2023, 03:45:24 PM |
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Well, if you are not ready to start taking risk in buying some bunch of shitcoins to stake for daily, weekly , or monthly APYs , then, trading remains your best choice. I will only advice you try and educate your self more on trading, buy courses that could teach you how to read charts, make a perfect market analysis, know the right sources to depend on for breaking news relating to the market..
And also, you could diversify your trading into forex and crypto, and very importantly again is to have a good trading tools.
Though I myself don't trade all the time, but I have friends who are professional traders, by professional traders, I mean they do nothing else aside from trading, some are with family, and they are making enough money to Carter for themselves and their family, living very comfortably. This is why I believe you can still make a good living from trading if you are doing every thing right ..
But then, if you are still interested in other means of earning, which is not bad any way.. You can look into .. - Staking - don't stake on centralized exchanges. - Liquidity provision on dexs like uniswap, pancakeswap and so on, but be very careful here as well to only put your money in legitimate shitcoins only .
The truth is that hyped shitcoins yield great results if you're lucky enough. They're providing far greater APYs' than the alleged safer coins. The issue with those is that you can suddenly be found without money because they're well-known for being extremely volatile. Personally, I don't know if I'd take such a risk. You could try with smaller amounts, perhaps, but don't expect huge returns from $100. Cyber and SEI, for instance, two newly created coins, were quite decent opportunities. I'd also advise you to stay away from centralized exchanges for staking purposes, not only due to security and privacy reasons but also because they offer lower APYs'.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | ▀█ | THE #1 SOLANA CASINO | ████████████▄ ▀▀██████▀▀███ ██▄▄▀▀▄▄█████ █████████████ █████████████ ███▀█████████ ▀▄▄██████████ █████████████ █████████████ █████████████ █████████████ █████████████ ████████████▀ | ████████████▄ ▀▀▀▀▀▀▀██████ █████████████ ▄████████████ ██▄██████████ ████▄████████ █████████████ █░▀▀█████████ ▀▀███████████ █████▄███████ ████▀▄▀██████ ▄▄▄▄▄▄▄██████ ████████████▀ | ........5,000+........ GAMES ......INSTANT...... WITHDRAWALS | ..........HUGE.......... REWARDS ............VIP............ PROGRAM | . PLAY NOW |
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el kaka22
Legendary
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www.Crypto.Games: Multiple coins, multiple games
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September 08, 2023, 04:52:41 PM |
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Like we all know, bank interest is the only thing that could end up being low risk in this regard. Bitcoin in itself is a passive income, you wait long enough and you make a profit. I think it should be important to realize that even though bitcoin prices goes up and down, the long term would be going up and that should be the most important part.
I think it should be remembered that we are talking about a profit that should be possible long enough, that should be the important case. If you could do that then you are fine and it shouldn't really change much in the end. Going higher at bitcoin price is sort of like passive income, you do nothing about it and you get more money in return of the bitcoin you bought.
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Nrcewker
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September 08, 2023, 05:13:03 PM |
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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.
Staking your funds is actually a great idea to make a passive income without any hard work. You don’t have to do any specific work, just lock the funds for a certain period of time. Moreover due to the bear market, you won’t have any plans to sell the coins. So it’s better to stake it for a certain period of time and enjoy interest from it. Moreover there is always a chance to do freelancing stuff to earn extra money.
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kentrolla
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September 08, 2023, 08:16:43 PM |
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After going through your post I could suggest of participating in bounties though most of them will be abandon you but still there is a thin chances that you may end up in a genuine bounty which could provide you a passive income. I would also suggest to provide your expertise as a service I have done that in the past I was moderator for multiple telegram groups with whom I connected through this very same forum.
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Captain Corporate
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September 08, 2023, 08:29:28 PM |
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Bitcoin is not a place for passive income that's what I would agree with. We are talking about something that is a bit more different and difficult to handle and the results are not going to be the same. I think bitcoins volatility is the greatest gift to us and we should be keeping it going that way if we can, that definitely makes it worth. I know that its not going to be simple and not going to change much in the end but that's the best we could do when we could do it. Just trade it from the ups and downs, which should result you with some income if you are good at trading, rest of the stuff you want to have is not that simple and usually leads you to get scammed.
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Aanuoluwatofunmi
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September 08, 2023, 09:15:55 PM |
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Well i don't know how possible it is to generate a passive income and that's if one even exist with trading, also, talking about risk, we just have to take and embrace the risk you're seeing, trading is not what we can just do without passing through any form of risk while doing it, though what we individually do while trading are different and so i expect the results we should all be having to be different as well, trading can generate income but i don't think there's this assurance of having a passive income with trading as some may thought.
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jeraldskie11
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September 08, 2023, 11:28:50 PM |
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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.
Staking your funds is actually a great idea to make a passive income without any hard work. You don’t have to do any specific work, just lock the funds for a certain period of time. Moreover due to the bear market, you won’t have any plans to sell the coins. So it’s better to stake it for a certain period of time and enjoy interest from it. Moreover there is always a chance to do freelancing stuff to earn extra money. That is correct. There are numerous ways to make money passively. It's also a good idea to look for additional jobs that will allow you to earn money while you waiting from your passive income, such as virtual assistant or data entry. You may also take on physical work if you have a lot of spare time because you don't have to spend time staking your funds. So, while waiting for the bull market's momentum to develop, make the most best use of your time to maximize your revenue.
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tygeade
Legendary
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Activity: 2282
Merit: 1061
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September 09, 2023, 03:49:55 AM |
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If you want to receive a low-risk income you can buy treasury bills or government bonds from reliable countries, which will give you an interest, which we can consider passive income, but which does not actually beat inflation, so you are actually losing money.
If you want to beat inflation, the investment is going to have more risk, and the higher the potential return, the higher the risk.
You have been given some advice in the thread. What I would recommend is to buy bitcoin now and start selling partially when the price breaks the ATH of $69K and when it breaks $100K or close to it. You can make a 3 or 4X in a short time, which is not exactly passive income, which is usually understood as receiving a periodic income, monthly for example, but it is quite passive and a fairly safe bet.
Although I recommend that you never sell all your bitcoin.
Isn't that the worst . I get that the lowest risk things are those, but we all know that they are so terrible that it could even sink a bank. Banks who bought those with the money they had in their vault, ended up spending a lot more to people who invested with them, and that resulted with the gap being a loss and banks are not managed properly, they are stretched too thin, has always been like that which means that they keep making a loss for just a few quarters and they end up bankrupting. This is why people should definitely not do it, that will be lower than that inflation rate and you are not making an income, your money goes up, but your value goes down and you are actually making a loss if you look at it that way.
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