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Author Topic: How to invest 8k for passive income.  (Read 461 times)
Tipstar
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November 26, 2023, 05:37:17 PM
 #81

I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

If that is your target, I would recommend you to go with grid trading as that would be able to deliver you safely.
I'd not call a coin, choose the one you believe in. Put the lowest price in last 6 months the grids lower price and it's all time high as highest. When the price stays in between, you'd have a profit. If the price goes below grid, you would have got the coin you liked for a cheap price and if it goes above, you are already in a good profit.
Of the grid bots I'm running, the best one is yielding me 1% a day over a month now. And with the profit, I could adjust my poorly performing bots.


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GlacierBIT
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November 26, 2023, 06:05:41 PM
 #82

I think staking is a safe investment, but if you want a passive income of 10-20$ per day with 8k capital it is very difficult, for daily trading alone it might be difficult now if you don't choose the right coin
I would be very careful about staking, because these are altcoins, they have always been unstable. But it a very interesting and tempting method, before staking, you need to study everything in detail. Understanding the specific coin can help mitigate potential pitfalls.

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November 26, 2023, 07:11:56 PM
 #83

I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

There is no correlation in your explanation. You have $8k worth of crypto, probably usdt and you are looking for passive income but I'm afraid to tell you that the only passive income you will get in crypto is nothing but pure scam, if you are not careful enough, you will lose that $8k and be worthless at the end, so be careful with the choice of income you are looking about.

I'm not sure why you tried futures trading when you can do that on spot trading. What you need to do is to locate the most liquid trade on exchange, like for instance the last 2 weeks has been Solana, it's has been pumping greatly. You can simply hop into this trades and make something good without any leverage or split the capital into 1/3 and trade with it, you will be able to make $10 dollar easily a day and with consistency, you will be able to make more.

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martinex
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November 28, 2023, 04:40:49 AM
 #84

For the technique, just use filing and see where the price swings in the market will lead. The dominant of several methods that are practiced and the simplest is buy low and sell high and set the duration only per week if you can afford it, but if you tend to like taking risks, set it for 4 hours, not more. happy trading my Friend.

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