cryptoaddictchie
Legendary
Online
Activity: 2772
Merit: 1533
|
 |
December 03, 2024, 06:08:57 AM |
|
Or are there other passive ways of earning you will recommend for those that already missed the ongoing pump and are skeptical of price dumping on them?
For all you have mentioned aboved there are others but commonly these are employed. Before I am joining launchpool in binance since I hold bnb and thats a good profit for me. Well thats the thing its really a passive but since I dont hold now I resort to some like liquidity and farming which give some good tokens. Crypto still risky so not all are solid passive income. Maybe try some staking but that depend on the price too if its going down.
|
|
|
|
jcojci
Full Member
 
Offline
Activity: 1792
Merit: 197
Bitz.io Best Bitcoin and Crypto Casino
|
 |
December 03, 2024, 11:07:20 AM |
|
Or are there other passive ways of earning you will recommend for those that already missed the ongoing pump and are skeptical of price dumping on them?
For all you have mentioned aboved there are others but commonly these are employed. Before I am joining launchpool in binance since I hold bnb and thats a good profit for me. Well thats the thing its really a passive but since I dont hold now I resort to some like liquidity and farming which give some good tokens. Crypto still risky so not all are solid passive income. Maybe try some staking but that depend on the price too if its going down. Holding some BNB and stake in Binance is a passive income for me. I can earn return from staking BNB and other coins so when that is enough to collect and the price increase, I can sell it and make a nice profit. But holding Bitcoin now could be a passive income because when we buy Bitcoin at a few years ago, we are make a profit now. We can sell it for small amount and use that money for our needs.
|
|
|
|
albon
Legendary
Online
Activity: 2394
Merit: 2183
|
 |
December 03, 2024, 09:19:38 PM |
|
For all you have mentioned aboved there are others but commonly these are employed. Before I am joining launchpool in binance since I hold bnb and thats a good profit for me. Well thats the thing its really a passive but since I dont hold now I resort to some like liquidity and farming which give some good tokens.
Crypto still risky so not all are solid passive income. Maybe try some staking but that depend on the price too if its going down.
Since the staking is done on a CEX and with coins controlled by the platform, for me it is more risky than the potential profitability of this staking, and it also depends on the person's capital that he invested in these coins. HonestlyI tried this before, and I do not see that its profits are worth the effort and the period of time that I allocated for staking; as the market is volatile, it is possible that the profits will be erased with the decline in the price of the staked coin, and also CEX is not reliable for holding crypto for extended periods. In addition to the price of one BNB coin is now $700, which is $20 below its ATH, it requires any investor to have a good amount of capital to risk, which contradicts the principle of investing what you can afford to lose. These platforms entice investors with the features they offer for their coins, which increases demand. Still, no one can guarantee the impact of negative news about the platform that could directly affect the coin's price and the invested funds. From my observation of the trust associated with Op, it seems to be a "Shiller" for these exchanges, and a person should not be driven by his greed without calculating the risks associated with his decisions.
|
|
|
|
|
EluguHcman
|
 |
December 04, 2024, 09:02:02 AM |
|
There had been no new development around the corners of Bitcoin, staking, trading and invetainments features had all been potential interiors of Bitcoin. We can only say as time goes by and the scalability adoptions of Bitcoin goes to expand, so more potential that Bitcoin poseses is being discovered by users and minerals are also endeavoured to facilitate on the Blockchain technicalities and so also enthusiasts are encroaching to adopt the use of other cryptocurrencies like the Altcoins.
This basically are the fortunes of crypto users giving the privileges to diversification of their incomes. Otherwords... The Altcoins could have some new developments are newly coins are invented but Bitcoin has always been what it is today from it unset. That is why it is always advisable to invest on Bitcoin and if diversifying, be careful on what Altcoins to invest on.
|
|
██ ██ ██████ | R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | ██████ ██ ██ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ██████████████ THE #1 SOLANA CASINO
██████████████ | ██████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████ | ████████████▄ ▀▀██████▀▀███ ██▄▄▀▀▄▄█████ █████████████ █████████████ ███▀█████████ ▀▄▄██████████ █████████████ █████████████ █████████████ █████████████ █████████████ ████████████▀ | ████████████▄ ▀▀▀▀▀▀▀██████ █████████████ ▄████████████ ██▄██████████ ████▄████████ █████████████ █░▀▀█████████ ▀▀███████████ █████▄███████ ████▀▄▀██████ ▄▄▄▄▄▄▄██████ ████████████▀ | [ [ | 5,000+ GAMES INSTANT WITHDRAWALS | ][ ][ | HUGE REWARDS VIP PROGRAM | ] ] | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ | ████████████████████████████████████████████████ PLAY NOW ████████████████████████████████████████████████ | ████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ████ |
|
|
|
Peanutswar
Legendary
Offline
Activity: 2240
Merit: 1858
Alliance Of Bitcointalk Translator | ENG to FIL
|
 |
December 04, 2024, 02:04:10 PM |
|
In that goal you aim for holding your coins into your wallet and accumulate profit until next coming halving well that's most of the people want because they don't get hassle with the market volatility but again its all about the battle of emotions are you good seeing your funds value getting crash with the market because once you get owned possible you get feared and sell your asset. Hodl into a safe wallet and wait for the next halving that's the best effort you can do if you don't want to make a trading. Whats your plan about that DCA or just a full asset funds to hold?. Also staking is one of the trend now like you are holding plus the accumulated earnings through out the locked period.
|
|
|
|
|
SquirrelJulietGarden
|
 |
December 04, 2024, 02:51:26 PM |
|
Crypto still risky so not all are solid passive income. Maybe try some staking but that depend on the price too if its going down.
There is no solid thing can bring passive income certainly to you. Stocks, gold, real estate, Bitcoin, altcoins, they are all risky and only different in short term and long term. With your different expectation on ROI, passive income from your investment, you will choose different assets for profit. The asset can be stocks, gold if you like traditional market, but if you want to join emerged markets like Bitcoin and cryptocurrency market, it's good if you pick Bitcoin, and say no to altcoins. Thinking of passive income by buying altcoins and staking with high APY is very risky. Big lesson like Terra and some DeFi platforms in a last bear market are unforgettable with me. I am against idea of staking to have passive income. With staking, big risk from Impermanent Loss, if you don't know about this risk and can not control your portfolio well, don't join staking. Understanding Impermanent Loss.https://www.coingecko.com/en/impermanent-loss-calculator
|
.Winna.com.. | │ | ░░░░░░░▄▀▀▀ ░░█ █ █▒█ ▐▌▒▐▌ ▄▄▄█▒▒▒█▄▄▄ █████████████ █████████████ ▀███▀▒▀███▀
▄▄▄▄▄▄▄▄
| | ██████████████ █████████████▄ █████▄████████ ███▄███▄█████▌ ███▀▀█▀▀██████ ████▀▀▀█████▌█ ██████████████ ███████████▌██ █████▀▀▀██████
▄▄▄▄▄▄▄▄
| | | THE ULTIMATE CRYPTO ...CASINO & SPORTSBOOK... ───── ♠ ♥ ♣ ♦ ───── | | | ▄▄██▄▄ ▄▄████████▄▄ ▄██████████████▄ ████████████████ ████████████████ ████████████████ ▀██████████████▀ ▀██████████▀ ▀████▀
▄▄▄▄▄▄▄▄
| | ▄▄▀███▀▄▄ ▄███████████▄ ███████████████ ███▄▄█▄███▄█▄▄███ █████▀█████▀█████ █████████████████ ███████████████ ▀███████████▀ ▀▀█████▀▀
▄▄▄▄▄▄▄▄
| │ | ►
► | .....INSTANT..... WITHDRAWALS ...UP TO 30%... LOSSBACK | │ |
| │ |
PLAY NOW |
|
|
|
|
EL MOHA
|
 |
December 04, 2024, 03:34:56 PM |
|
In that goal you aim for holding your coins into your wallet and accumulate profit until next coming halving well that's most of the people want because they don't get hassle with the market volatility but again its all about the battle of emotions are you good seeing your funds value getting crash with the market because once you get owned possible you get feared and sell your asset. Hodl into a safe wallet and wait for the next halving that's the best effort you can do if you don't want to make a trading. Whats your plan about that DCA or just a full asset funds to hold?. Also staking is one of the trend now like you are holding plus the accumulated earnings through out the locked period.
Holding an asset for a very long term is mostly a battle of psychology, most people tend to fail at this and that’s why they are shaken out when there is any dump or bear in the market. Example is this recent market range of bitcoin price after the $99k all time was reached, many investors didn’t take profit as they await the $100k, but some the market has started ranging I can clearly read the FUDs that are going round of bitcoin not reaching there and that there is more downward movement coming this has lead to the sell off by weak hands, because there emotions isn’t as strong as those with diamond hands. But one thing is certain only diamond hands get the greater rewards. As for staking I wouldn’t advice much on it because it will require you to have your bitcoin on custodial exchanges and the APR doesn’t worth the risk to me. But for Altcoin staking there is still this option of getting eligible for future airdrops on that blockchain but if you’re strong bitcoin holder which is safer and better, just hodl on a very good non-custodial wallet and hold for long if you can
|
|
|
|
Yucky
Full Member
 
Offline
Activity: 406
Merit: 192
Rainbet #1 non-kyc crypto casino & sportsbook
|
 |
December 04, 2024, 03:46:06 PM |
|
Or are there other passive ways of earning you will recommend for those that already missed the ongoing pump and are skeptical of price dumping on them?
The crypto space has really grown over the years, giving us more options to make money. And it's always wise to look for how to take hold of the next market opportunity rather than regret over lost ones. So, I recommend checking out DeFi as a passive investment in the crypto world. If you're sceptical about investing in Bitcoin or don't have the budget DeFi platforms allow you to lend, borrow, or farm yields on your crypto holdings. This way, you can earn passive income without relying on market fluctuations. And it's open to anyone with an internet connection.
|
|
|
|
Alphakilo
Sr. Member
  
Offline
Activity: 1036
Merit: 314
⭐ Razed.com ⭐ The Best Crypto Casino
|
 |
December 04, 2024, 06:36:41 PM |
|
Or are there other passive ways of earning you will recommend for those that already missed the ongoing pump and are skeptical of price dumping on them?
Don't look at the regular and common things—crypto lending (totally not recommended), crypto mining (99.9% are scams), or any other crypto investment that promises a high return of 100% after some period of time (likely to be Ponzi). Rather take a different approach. If you have a highly desirable skill or any skill at all, find a niche and find people who are progressive in their thinking who are in this niche who need what you have. Instead of making the exchange instead of fiat, receive crypto. While the above idea is not exactly passive, a typical passive earning strategy is to have a product that people resubscribe to without you doing anything new but they pay in crypto. Creating a software application that they have to make purchases in crypto, a book where they can always come and pay in crypto and others. There are so many of the non-typical passive earning methods.
|
| RAZED | | | 100% |
WELCOME BONUS | │ | █████████████████████ █████████████████████████ ████████████▀░░░░▀███████ ██████████▀░░▄▀▀▄░░▀█████ ██████████▄▄██▄▄██▄░▀████ █████▀░░░░░░░▀██░░█░░████ ████░░████▀▀█░░██▀░░▄████ ████░░████▄▄█░░█░░▄██████ ████░░█▀▀████░░██████████ ████░░█▄▄███▀░░██████████ █████▄░░░░░░░▄███████████ █████████████████████████ █████████████████████ | █████████████████████ █████████████████████████ ██████████▀▀░░░░░▀▀██████ ████████▀░░▄▄█░░▀▄░░█████ ██████▀░░▄█████▄░░▀░░████ █████░░▄████▄▀░░█▄▄░░████ ████░░▄███▄▀░░▄▀██▀░░████ ████░░▀▀██░░▄▀███▀░░█████ ████░░▄░░▀█████▀░░▄██████ █████░░▀▄░░█▀▀░░▄████████ ██████▄▄░░░░░▄▄██████████ █████████████████████████ █████████████████████ | | | NO KYC | | │ | ███████████████████████ RAZE THE LIMITS ►PLAY NOW
███████████████████████ |
|
|
|
cryptoaddictchie
Legendary
Online
Activity: 2772
Merit: 1533
|
 |
December 04, 2024, 06:55:22 PM |
|
Isnt that a con for providing liquidity? Im prettt sure I know staking cause I am doing it since then, and also I am providing liquidity on some of my holding assets so IL or impermanent loss is part of the game. The only downside of staking are the following but not limited to market volatility which could fluctuate token price due to dilution and many participants joining. I recommend staking as good since it can give you passive income while holding it with some risk associated due to what I explained.
|
|
|
|
|
Orpichukwu
|
 |
December 04, 2024, 06:59:16 PM |
|
Holding some BNB and stake in Binance is a passive income for me. I can earn return from staking BNB and other coins so when that is enough to collect and the price increase, I can sell it and make a nice profit.
But holding Bitcoin now could be a passive income because when we buy Bitcoin at a few years ago, we are make a profit now. We can sell it for small amount and use that money for our needs.
Staking is actually one way to be holding coin, waiting for the right time to take profit, and at the same time, be earning on a weekly or monthly basis from that which you hold. With the way BNB has doubled in price, those who have bought and have been holding it for long and have staked it will definitely be enjoying their profit now. But profit is not always guaranteed in staking. I mean, you can stake and lock up your coin and miss out on good selling opportunities, which you could have made good profit compared to what the staking reward offers you + the current price of that currency.
|
| ..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|
DubemIfedigbo001
|
 |
December 04, 2024, 07:17:30 PM |
|
Since the staking is done on a CEX and with coins controlled by the platform, for me it is more risky than the potential profitability of this staking, and it also depends on the person's capital that he invested in these coins. HonestlyI tried this before, and I do not see that its profits are worth the effort and the period of time that I allocated for staking; as the market is volatile, it is possible that the profits will be erased with the decline in the price of the staked coin, and also CEX is not reliable for holding crypto for extended periods. In addition to the price of one BNB coin is now $700, which is $20 below its ATH, it requires any investor to have a good amount of capital to risk, which contradicts the principle of investing what you can afford to lose.
These platforms entice investors with the features they offer for their coins, which increases demand. Still, no one can guarantee the impact of negative news about the platform that could directly affect the coin's price and the invested funds. From my observation of the trust associated with Op, it seems to be a "Shiller" for these exchanges, and a person should not be driven by his greed without calculating the risks associated with his decisions.
Most times I get discouraged with the processes associated with getting these free tokens or thereabouts from exchanges, Sometimes they find a way of even denying you the rewards. I paused to ask myself if it's worth the stress. Working your ass off, spending data and wasting mental resources all for those peanuts. You only get good rewards when you invest good amount of money. It's better to wait for the bear run if your interest is in short term gains, invest in these promising coins and wait for the bull run to Cap good profits. People should know that if you channel the same energy you invest in chasing these faucets and mining pools into actually learning a skill, you'll develop yourself, offer your services to companies and get enough money to invest in the bear run and there are still companies that pay in crypto. It's all about aiming for the bigger fish.
|
| █▄ | R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | ▀█ | THE #1 SOLANA CASINO | ████████████▄ ▀▀██████▀▀███ ██▄▄▀▀▄▄█████ █████████████ █████████████ ███▀█████████ ▀▄▄██████████ █████████████ █████████████ █████████████ █████████████ █████████████ ████████████▀ | ████████████▄ ▀▀▀▀▀▀▀██████ █████████████ ▄████████████ ██▄██████████ ████▄████████ █████████████ █░▀▀█████████ ▀▀███████████ █████▄███████ ████▀▄▀██████ ▄▄▄▄▄▄▄██████ ████████████▀ | ........5,000+........ GAMES ......INSTANT...... WITHDRAWALS | ..........HUGE.......... REWARDS ............VIP............ PROGRAM | . PLAY NOW |
|
|
|
|
lizarder
|
 |
December 05, 2024, 12:08:14 PM |
|
With the bull market insight, seems a lot of people are enjoying the pumps from several coins they have invested in during the bear market but for those that didn't invest during that period, this product can still be utilized as the APRs have increased significantly unlike the bear market.
Or are there other passive ways of earning you will recommend for those that already missed the ongoing pump and are skeptical of price dumping on them? Innovation will continue to grow and there are many ways for people to make money in this industry, besides that we can also see the opportunity to make money with the extent of the opportunity. If we miss out on the pump that is happening now then the opportunity depends on the purchase value in the coin and trading although there is a big risk if someone does not understand the structure in recognizing opportunities and how. If starting from the case of a beginner who is just learning to enter crypto then the safer way is to only get involved in investing using potential coins even though the profit cannot be obtained during this period but that is one of the much better recommendations in my opinion.
|
|
|
|
|
palle11
|
 |
December 05, 2024, 01:47:10 PM |
|
But profit is not always guaranteed in staking. I mean, you can stake and lock up your coin and miss out on good selling opportunities, which you could have made good profit compared to what the staking reward offers you + the current price of that currency.
About staking your coins, it is better done during the bear season when you know that bull is not expected and by that time you won't be under pressure to unstake. If you are not sure to wait long, you can stake for a month and by that time you won't miss out in the bull because bull season don't happen only for one month duration. But I think it is a guarantee for you to make some money from staking your coin no matter how small it is because you have a percentage you get from your coins and if you sell it, it is still some profit despite that it can be small. If you are not sure of missing out of the bull, you only stake for short term.
|
|
|
|
|
|
armanda90
|
 |
December 05, 2024, 04:04:36 PM |
|
Possibility earn passively earning in cryptocurrency without trading by staking, saving or adding liquidity but have problem with small earn than how much profitable from trading, its looks staking or saving reward only for every trader or investor scare take risk by trading and looks comfortable although have small return from staking or another interest return from cryptocurrency.
Nowadays have many exchange coins give interested offering if want staking coins, not only BNB with their launchpool project at Binance almost every month but also have Bitget with their BGB coins always offering launchpool and reward for member stake coins. For trader or investor have earn much from trading looks not interested from staking with small reward received because not stable yet from staking reward depend how many user joining.
|
| . BC.GAME | ███████████████ ███████████████ ███████████████ ███████████████ ██████▀░▀██████ ████▀░░░░░▀████ ███░░░░░░░░░███ ███▄░░▄░▄░░▄███ █████▀░░░▀█████ ███████████████ ███████████████ ███████████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ███░░▀░░░▀░░███ ███░░▄▄▄░░▄████ ███▄▄█▀░░▄█████ █████▀░░▐██████ █████░░░░██████ ███████████████ ███████████████ ███████████████ ███████████████ | ███████████████ ███████████████ ███████████████ ███████████████ ██████▀▀░▀▄░███ ████▀░░▄░▄░▀███ ███▀░░▀▄▀▄░▄███ ███▄░░▀░▀░▄████ ███░▀▄░▄▄██████ ███████████████ ███████████████ ███████████████ ███████████████ | │ │ | DEPOSIT BONUS ..470%.. | GET FREE ...5 BTC... | │ │ | REFER & EARN ..$1000 + 15%.. COMMISSION | │ │ | Play Now |
|
|
|
|
Doan9269
|
 |
December 05, 2024, 08:18:00 PM |
|
Or are there other passive ways of earning you will recommend for those that already missed the ongoing pump and are skeptical of price dumping on them?
There is nothing new to what we already have known or heard about bitcoin opportunities, if we can invest, then we are going to stand a chance to earn as well form it, holding is another way, buying the dip or the use of a purchasing power of DCA could also be another means through which we can arrived on something, lastly, we can also go into trading if we have the required skill needed.
|
|
|
|
Krishna1942
Jr. Member
Offline
Activity: 76
Merit: 2
|
 |
December 08, 2024, 12:44:08 PM |
|
At present I am doing tasks and accepting crypto as a payment option. I want to try binance investment products also in future. Ofcource it is not easy to get passive income.
|
|
|
|
|
|
Patikno
|
 |
December 08, 2024, 06:29:11 PM |
|
At present I am doing tasks and accepting crypto as a payment option. I want to try binance investment products also in future. Ofcource it is not easy to get passive income.
In this forum, we can join signature campaign and bounties, you can find it by quick search. Doing some tasks within the predetermined tasks to gain some rewards, but this not passive income, I guess, this is just working and get paid.
|
LUCKY ANON | | ▄▄█▀▀▀▀▀█▄▄ ▄▀▄█░░░░░░░░░█▄▀▄ ▄█▀░█░░░░░░░░░░░█░▀█▄ ▄█░░██▄▄░░░░░░░▄▄██░░█▄ ▄█░░░█░▄▄▀░░░░░▀▄▄░█░░░█▄ █░░█░█░▀██▄░░░▄██▀░█░█░░█ ██▄░█░█░▀██▌░▐██▀░█░█░▄██ █▀▀█▄▀░█░░░░░░░░░█░▀░█▀▀█ ▀█▄▄██▄░█▄░░░░░▄█░▄██▄▄█▀ ▀█▀░░██▀░▀▄▄▄▀░▀██░░▀█▀ ▀█▄█▀░█▄░░░░░▄█░▀█▄█▀ ▀█▄█▀░█░░░█░▀█▄█▀ ▀▀█▄█▄█▄█▀▀ | | | | ▄████▄░░░░░▄████▄ ██░░▀██▄░▄██▀░░██ ▀██▄░░▀███▀░░▄██ ▄███████████████████▄ █████████████████████ █████████████████████ ███████████████████ ███████████████████ ███████████████████ ███████████████████ ███████████████████ ███████████████████ ███████████████████ | | | | | | [ PLAY NOW ] |
|
|
|
tvplus006
Legendary
Offline
Activity: 2996
Merit: 2531
|
 |
December 08, 2024, 09:02:02 PM |
|
...This strategy was quite more rampant during the bear market where products like Binance launchpool, high yield earns and Bitget sharkfin, dual investment and the rest where the best strategy to navigate the storm of the season. ..
Now such launchpool no longer bring tangible profit and, at best, you can earn 0.5-1% of the investment. You need to pay attention to the DeFi sector, where in addition to the annual rate, you can get tokens of new coins, which you can later sell and get a good profit.
|
|
|
|
Cryptmuster
Legendary
Offline
Activity: 2632
Merit: 1700
|
 |
December 09, 2024, 08:40:43 AM |
|
Before you start using such products, assess the risks, if you are talking about staking, you need to understand that the profitability will not be that high in relation to the risks. The average APR will be about 10%, which is not much, but almost any staking requires you to lock your tokens for 14-30 days, which will not allow you to withdraw them quickly enough if necessary, and the price of tokens during their staking can fall several times, and it is clear that in this case you will not get any benefit from staking.
At the same time, a 10% pump happens quite often for any coin and what you can earn in a year in staking you can take in one transaction in trading. I understand that you want to use passive income, but in practice it is not as safe as it seems and the profit is very conditional...
|
|
|
|
|
|