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Author Topic: True wealth comes from income when you sleeping but earning  (Read 1511 times)
Viscore
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July 06, 2024, 10:54:00 PM
 #141

3 golden ways are:staking, Investing and DCA.
If you keep those things going on then it's impossible that you don't earn money when you sleeping.
Those who have fully done this will understand that sometimes it is not the golden way, other factors still allow you to fail as a stacker when you choose the wrong coin, make the wrong investment or are impatient to leave the investment for a longer period, and DCA is possible will experience doubts when seeing market conditions like today, even though you still have quite a lot of capital but seeing assets continue to fall of course there will be feelings of doubt, so these three can be the 3 golden ways but also vice versa, and still earning while you sleep is the dream of many people, it's just that achieving this is not easy and many fail to achieve it.
Well, if you end up with wrong choice of investments, it's certain that there will be failure and losses, but that's okay as long as you only invest on the amount you can afford to lose, and you re-invest this time with the right coins. These 3 golden keys do not guarantee all time profitability, but for a wise and well-rounded investor, he will certainly lessen the losses and maximize his profits at the end of the day.

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July 06, 2024, 10:55:36 PM
 #142

Exactly, we need to keep bringing new sets of ideas to make sure that we are consistent in terms of investing to the right sets of industries, yes, it's easy to say that money can work for us but the question is if the business that we are into will continually generating profits? the answer will be on how you pick the market and how willing you are to keep on improving your strategy making sure that it will continue to bring success.
IMHO, while it's good to have new ideas brought to the table. But, if there are ideas of investing that have been traditional and they're working well for you and you're able to grow your portfolio through it, you have to be consistent on that matter. It doesn't have to be new or old as long as it's effective and working on your end. There are so many investing vehicles nowadays that are also income generating in terms of holding that asset. We've got different routes on this matter, some chooses to be a VC investor, an angel investor, a crypto investor and all of them can be profitable but do not forget the risk that all of them possesses.

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July 06, 2024, 11:03:16 PM
 #143

3 golden ways are:staking, Investing and DCA.
If you keep those things going on then it's impossible that you don't earn money when you sleeping.
Those who have fully done this will understand that sometimes it is not the golden way, other factors still allow you to fail as a stacker when you choose the wrong coin, make the wrong investment or are impatient to leave the investment for a longer period, and DCA is possible will experience doubts when seeing market conditions like today, even though you still have quite a lot of capital but seeing assets continue to fall of course there will be feelings of doubt, so these three can be the 3 golden ways but also vice versa, and still earning while you sleep is the dream of many people, it's just that achieving this is not easy and many fail to achieve it.
Well, if you end up with wrong choice of investments, it's certain that there will be failure and losses, but that's okay as long as you only invest on the amount you can afford to lose, and you re-invest this time with the right coins. These 3 golden keys do not guarantee all time profitability, but for a wise and well-rounded investor, he will certainly lessen the losses and maximize his profits at the end of the day.

For one, staking is only profitable if you choose the right projects. It may seem easy to say, staking can earn you passive income but when you try your hands into it, you will understand that it is quite complicated. If you stake the wrong project, you can easily liquidate your funds. Remember, most alts are in the declining stage not in the increasing trend. So ask yourself every time you put your funds into staking mode - am I in the right project or need to keep an eye of this one?

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July 07, 2024, 01:30:19 PM
 #144


-.-
Yes, its never been easy but its not something impossible and this is why it would really be that ideal that you should really know on what you are doing in speaking about future plans.
If you are persevering on having that kind of passive income then you should work hard for it and made out some wise decisions on what are the things that you should gonna do. This is why it would really be
something relevant if we do speak about future plans and making those things to happen if you do are really that serious on achieving such goal. Yes, it wont really be giving out some guarantees
but at least you hade made yourself that having that kind of step or actions to make things happen. Try and try until you do succeed. Every success doesnt come on easy ways.

We are all thinking and wishing to have a passive income because we know that on the moment that you had achieved this thing then it does significant means
that you are havinv that good financial condition.

Yes, I understand and I agree with what you say, but what I want to emphasize is that I do not believe that we can create a passive income stream with the cryptocurrency market, with programs like staking and lending or investing in altcoins...
If someone makes an effort, is constantly diligent and has a good plan, creating a passive income source is completely possible. It's quite a difficult task, but not impossible. But like I said, passive income becomes a reality when we own rental real estate, businesses...there is no way to earn passive income in a volatile and risky market like cryptocurrency.

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July 07, 2024, 04:27:52 PM
 #145

3 golden ways are:staking, Investing and DCA.
If you keep those things going on then it's impossible that you don't earn money when you sleeping.
Those who have fully done this will understand that sometimes it is not the golden way, other factors still allow you to fail as a stacker when you choose the wrong coin, make the wrong investment or are impatient to leave the investment for a longer period, and DCA is possible will experience doubts when seeing market conditions like today, even though you still have quite a lot of capital but seeing assets continue to fall of course there will be feelings of doubt, so these three can be the 3 golden ways but also vice versa, and still earning while you sleep is the dream of many people, it's just that achieving this is not easy and many fail to achieve it.
Well, if you end up with wrong choice of investments, it's certain that there will be failure and losses, but that's okay as long as you only invest on the amount you can afford to lose, and you re-invest this time with the right coins. These 3 golden keys do not guarantee all time profitability, but for a wise and well-rounded investor, he will certainly lessen the losses and maximize his profits at the end of the day.

For one, staking is only profitable if you choose the right projects. It may seem easy to say, staking can earn you passive income but when you try your hands into it, you will understand that it is quite complicated. If you stake the wrong project, you can easily liquidate your funds. Remember, most alts are in the declining stage not in the increasing trend. So ask yourself every time you put your funds into staking mode - am I in the right project or need to keep an eye of this one?

You need to do your research and study what type of project that you'll going to invest your money and you should always ask yourelf if you really doing the right thing in choosing the coin that you'll going to invest in, plus the time frame that you are willing to wait, most of the time the value of the coin declines and if you don't have the right knowledge about it, you'll be forced to sell it with big losses when you feel that there's nothing left that the project will offer and that decision is very crucial it change the direction of your investment and leads you losing your your hard erned money.

..Stake.com..   ▄████████████████████████████████████▄
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July 07, 2024, 06:01:23 PM
 #146

You need to do your research and study what type of project that you'll going to invest your money and you should always ask yourelf if you really doing the right thing in choosing the coin that you'll going to invest in, plus the time frame that you are willing to wait, most of the time the value of the coin declines and if you don't have the right knowledge about it, you'll be forced to sell it with big losses when you feel that there's nothing left that the project will offer and that decision is very crucial it change the direction of your investment and leads you losing your your hard erned money.
If the relationship is with crypto then I can say that the best investment if someone dares to take a chance on bitcoin. To do the right thing in achieving financial freedom, one must know what investment provides the best opportunities and if someone is not able to recognize it then it is impossible for the investment to be successful. Bitcoin has been proven to be the best investment and there are many advantages that can be achieved by people when invested correctly.

The value of some coins does decrease every time and it is the same with bitcoin but bitcoin always manages to get out of the process of decline towards a new price improvement after the correction process takes place. That's why bitcoin is much better to invest in compared to other coins because even if a decline occurs, there will always be a process of improvement towards the next ATH.

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July 07, 2024, 07:21:52 PM
 #147

3 golden ways are:staking, Investing and DCA.
If you keep those things going on then it's impossible that you don't earn money when you sleeping.
Those who have fully done this will understand that sometimes it is not the golden way, other factors still allow you to fail as a stacker when you choose the wrong coin, make the wrong investment or are impatient to leave the investment for a longer period, and DCA is possible will experience doubts when seeing market conditions like today, even though you still have quite a lot of capital but seeing assets continue to fall of course there will be feelings of doubt, so these three can be the 3 golden ways but also vice versa, and still earning while you sleep is the dream of many people, it's just that achieving this is not easy and many fail to achieve it.
Well, if you end up with wrong choice of investments, it's certain that there will be failure and losses, but that's okay as long as you only invest on the amount you can afford to lose, and you re-invest this time with the right coins. These 3 golden keys do not guarantee all time profitability, but for a wise and well-rounded investor, he will certainly lessen the losses and maximize his profits at the end of the day.

For one, staking is only profitable if you choose the right projects. It may seem easy to say, staking can earn you passive income but when you try your hands into it, you will understand that it is quite complicated. If you stake the wrong project, you can easily liquidate your funds. Remember, most alts are in the declining stage not in the increasing trend. So ask yourself every time you put your funds into staking mode - am I in the right project or need to keep an eye of this one?

You need to do your research and study what type of project that you'll going to invest your money and you should always ask yourelf if you really doing the right thing in choosing the coin that you'll going to invest in, plus the time frame that you are willing to wait, most of the time the value of the coin declines and if you don't have the right knowledge about it, you'll be forced to sell it with big losses when you feel that there's nothing left that the project will offer and that decision is very crucial it change the direction of your investment and leads you losing your your hard erned money.
And other thing on which you do need to consider is on the risks that you could really be able to put up with because we know that when it comes to this aspect then it would really be that needing up
to have those considerations and tell yourself that there would really be no guarantee when dealing up with crypto investment on which we know on how volatile this market could be. If you are
someone whose really that not good when it comes to risks handling then you would really be finding yourself to be that impulsive into this regard. This is why it would really be that important that you should
really know on what you are doing so that you wont really be that easily panic out on the things that you would really be gonna doing.

We are all hoping to have that passive income on which we know that when it comes to this aspect then its something that could really be obtained or something that you could
really be able to make it happen but of course it would be basing up on the decisions you are making or actions that been done along the way.

R


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July 07, 2024, 09:57:13 PM
 #148

Well, if you end up with wrong choice of investments, it's certain that there will be failure and losses, but that's okay as long as you only invest on the amount you can afford to lose, and you re-invest this time with the right coins. These 3 golden keys do not guarantee all time profitability, but for a wise and well-rounded investor, he will certainly lessen the losses and maximize his profits at the end of the day.
It must be a risk that is realized from the start if we talk about investing because after all when we have decided something then there will definitely be risks that must be borne, moreover this deals with money so we have to be prepared with all conditions so that in the end this does not become a regret and from this we must really dive directly when in investment because this is not just trial and error but indeed this is a step to determine our goals for a better life in the future.

Although the word loss and risk is realized, it does not mean that we want to make this a failure because I think it is wrong to consider failure in investment as a normal action. It is true that there will be experiences that are owned but of course as much as possible we must minimize so that this does not happen.

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July 08, 2024, 12:03:01 AM
 #149

The value of some coins does decrease every time and it is the same with bitcoin but bitcoin always manages to get out of the process of decline towards a new price improvement after the correction process takes place. That's why bitcoin is much better to invest in compared to other coins because even if a decline occurs, there will always be a process of improvement towards the next ATH.

To be honest, no matter how good Bitcoin and other cryptocurrencies are, I wouldn't consider them sources that can be used to earn passive income because a passive income should be stable and you should keep getting money as long as your source is live, but when it comes to Bitcoin and other cryptocurrency investments, you don't earn when the market is going in negative but you start losing what you have already earned.

For example, if you have $1,000 worth of Bitcoin when you are going to bed and Bitcoin is worth $30,000. When you wake up, the price of Bitcoin has reached $15,000 and you have $500 left, you have lost value when you were sleeping and a passive income doesn't work that way.

I agree that Bitcoin can be a great investment in the long run, but in the short run, you can't depend on it to earn you money constantly.

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July 09, 2024, 07:53:58 PM
 #150

Exactly, we need to keep bringing new sets of ideas to make sure that we are consistent in terms of investing to the right sets of industries, yes, it's easy to say that money can work for us but the question is if the business that we are into will continually generating profits? the answer will be on how you pick the market and how willing you are to keep on improving your strategy making sure that it will continue to bring success.
IMHO, while it's good to have new ideas brought to the table. But, if there are ideas of investing that have been traditional and they're working well for you and you're able to grow your portfolio through it, you have to be consistent on that matter. It doesn't have to be new or old as long as it's effective and working on your end. There are so many investing vehicles nowadays that are also income generating in terms of holding that asset. We've got different routes on this matter, some chooses to be a VC investor, an angel investor, a crypto investor and all of them can be profitable but do not forget the risk that all of them possesses.
Well, all investments have its certain risks. If you are not knowledgeable enough, you will certainly fall on its risks and may find it hard to succeed on your chosen investment. However, if you know your investment well and you are taking calculated risk, then the chances of generating profits later on is highly possible. But I suggest when you see your investments working already, don't just stop there and limit yourself, but also diversify your investments by putting your money in different basket, not just on a single basket as the risk to lose is obviously high.

R


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July 10, 2024, 12:40:30 AM
 #151

Well, all investments have its certain risks. If you are not knowledgeable enough, you will certainly fall on its risks and may find it hard to succeed on your chosen investment. However, if you know your investment well and you are taking calculated risk, then the chances of generating profits later on is highly possible. But I suggest when you see your investments working already, don't just stop there and limit yourself, but also diversify your investments by putting your money in different basket, not just on a single basket as the risk to lose is obviously high.
It is true that in reality there will always be risks from every investment and this will also be very commensurate with the profits that will be obtained, but we must first understand it in order to be able to take advantage of the investment that we are carrying out and it is very unlikely that we will be able to make a profit on the investment that we are making. we carry out without having a good understanding of the investment that we are going to carry out, so it is very important for every person who will carry out an investment to first understand well the risks they face and how to solve the problems faced when carrying out an investment, because without understanding Well, it is very unlikely that we will be able to get good results on the investments we make.

Having several areas of investment will indeed be very profitable. If one of them fails then there are other sources of profit that we can get, but we have to be able to do it well and don't let it happen that we can't run it well so that we will experience losses in everything we do. and if we are not yet capable, there is no harm in just focusing on one area first, but after we feel capable of doing it in several areas we can try it simultaneously to be able to generate more profits.
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July 10, 2024, 02:38:54 PM
 #152

To be honest, no matter how good Bitcoin and other cryptocurrencies are, I wouldn't consider them sources that can be used to earn passive income because a passive income should be stable and you should keep getting money as long as your source is live, but when it comes to Bitcoin and other cryptocurrency investments, you don't earn when the market is going in negative but you start losing what you have already earned.
Passive income should be planned and it should not only depend on investment because fluctuating conditions sometimes force us not to be able to make a profit. Why do some people have good financial abilities because they have several sources of income and do not only depend on investment. That's why it is important to have a side job to make money so that we don't depend on all of it for investment needs.

For example, if you have $1,000 worth of Bitcoin when you are going to bed and Bitcoin is worth $30,000. When you wake up, the price of Bitcoin has reached $15,000 and you have $500 left, you have lost value when you were sleeping and a passive income doesn't work that way.

I agree that Bitcoin can be a great investment in the long run, but in the short run, you can't depend on it to earn you money constantly.
Bitcoin is indeed more reliable to invest in the long term because its value can increase at the time of the ATH moment. But in the short term people can also make a profit as long as they understand the market movement. Expecting to get passive income in one place is impossible, especially if it is related to crypto or bitcoin because we cannot predict the price with certainty. The short term is only used to make a profit and not think passively in making money.

There are many people who may understand how to trade but they spread several assets. So when one coin goes down they still have a chance in another coin. But this also does not necessarily give us passive income because the market talks about coins that are always fluctuating.

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July 10, 2024, 03:14:44 PM
 #153

True wealth comes from income when you sleeping but earning
That's nonsense, people wake up and those who work hard don't necessarily make money/a stable economy, what's more people sleep, that's misleading, you think doing activities in the crypto market can make money while sleeping, you're wrong, where does the knowledge you get come from? That.

Investing in the crypto market is not as easy as flipping the palm of your hand, buy a certain crypto, then go to sleep and sell it, if you don't understand market conditions and developments regarding the type of coin in question, I guarantee that if you don't do well economically in terms of investment, you will see your money sitting there for years.

You need understanding and knowledge in carrying out activities in the crypto market, especially in investment, you can't just come look at random coins and then put all your money there, we are now in the internet world You won't know what will happen, if you have money, invest in what you need and need in the future, so that you can quickly recover from the economic side.

R


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July 11, 2024, 12:24:28 AM
 #154

True wealth comes from income when you sleeping but earning
That's nonsense, people wake up and those who work hard don't necessarily make money/a stable economy, what's more people sleep, that's misleading, you think doing activities in the crypto market can make money while sleeping, you're wrong, where does the knowledge you get come from? That.

Investing in the crypto market is not as easy as flipping the palm of your hand, buy a certain crypto, then go to sleep and sell it, if you don't understand market conditions and developments regarding the type of coin in question, I guarantee that if you don't do well economically in terms of investment, you will see your money sitting there for years.

You need understanding and knowledge in carrying out activities in the crypto market, especially in investment, you can't just come look at random coins and then put all your money there, we are now in the internet world You won't know what will happen, if you have money, invest in what you need and need in the future, so that you can quickly recover from the economic side.

Pretty sure that this do means about passive income type of investment or businesses on which you don't need anymore to work and.coild earn even if you do sleep on which this is something on where those rich people or wealthy ones who do really have this kind of condition and only a few in the society such having state but for us on whose trying out to achieve such goal then it would be understandable that you would really be needing to work hard and be wise on making investment decisions.Dont get afraid on taking up a risk since it's just normal for a business or any venture to have.The importance on here is on how you do have that risks management.

Some do succeed but there ones who do really fail and this what makes other people afraid to take up some risks and that's why they would really be that contented on what they do have and just deal up with their 8-5 work or job and won't really be hassling themselves on taking  up such actions.

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July 11, 2024, 07:05:58 PM
 #155

So many people have a desire to make income when they sleep, but they don't know how to go about that. Even the ones that do know, don't dare to risk their money in a volatile investment.

People have different mindsets and reasoning on how they follow up the ideas of others on how they are going make income when they sleep. You can tell someone to invest in bitcoin for future income, but they won't accept it because they see it as "risky"

I haven't given up everything about finance but you see that advice about wealth, I have given up on that long time ago. I have decided to walk on my own path and do everything possible and not take too much advice because you will have nothing left with all this advices that are been share about wealth when the OP himself don't have what it preach, everyone is rich by writing but have nothing in reality.

There are some people in life that can make wealth and when I say wealth, I mean money from doing just one thing and will make the wealth someone with passive income will never make a year, some people are lucky in life to get some things with ease. I have seen a wallet bought a meme coin with $89 worth of coin and sold for $64, seen big wallets makes many return on their investments and that's what they might have been doing. Just know that different strike for different folks.

R


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July 11, 2024, 07:23:24 PM
 #156

True wealth comes from income when you sleeping but earning
That's nonsense, people wake up and those who work hard don't necessarily make money/a stable economy, what's more people sleep, that's misleading, you think doing activities in the crypto market can make money while sleeping, you're wrong, where does the knowledge you get come from? That.
This is the vanilla dream of many, when you do nothing and get rich. But you correctly emphasize that wealth doesn't come easily (you can't just sleep and get rich) and just like that, even with such an asset as crypto (which has only become more expensive in recent years).

Investing in the crypto market is not as easy as flipping the palm of your hand, buy a certain crypto, then go to sleep and sell it, if you don't understand market conditions and developments regarding the type of coin in question, I guarantee that if you don't do well economically in terms of investment, you will see your money sitting there for years.
The chances of getting rich on cryptocurrencies bought with a bet on luck are actually no higher than winning the lottery. Without sufficient experience and knowledge, investments in cryptocurrencies (except for the top ones) will be frozen (long-term decline in value, held back from selling due to the hope of cost recovery) or completely depreciate.

Wait, LTC, EOS and some others were also top coins. And where is it all now? Well, you got the hint, right?

You need understanding and knowledge in carrying out activities in the crypto market, especially in investment, you can't just come look at random coins and then put all your money there, we are now in the internet world You won't know what will happen, if you have money, invest in what you need and need in the future, so that you can quickly recover from the economic side.
Isn’t that exactly what all newbies do? Smiley After which they lose money forever.

The cryptocurrency market is not a place where you can “sleep and make money” without any effort.

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boyptc
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July 11, 2024, 09:59:46 PM
 #157

There are many people who may understand how to trade but they spread several assets. So when one coin goes down they still have a chance in another coin. But this also does not necessarily give us passive income because the market talks about coins that are always fluctuating.
It's not passive unless you're doing something active to participate for you to be able to learn. While it can be said as a passive income because you buy and wait until you sell, it really comes handy when you'll make some profit and describe it as a passive income.

It's true that any investor have spreading their assets somewhere else for them to have a larger portfolio.

And that is because we do understand how it is important to rely on many assets that will save us in the right time. So, if a trader or an investor earns from the crypto market, you can spend it to anything you want. But as a wise person, you'll spread it to the other assets that can grow it further.

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Gozie51
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July 11, 2024, 10:31:49 PM
 #158

There are many people who may understand how to trade but they spread several assets. So when one coin goes down they still have a chance in another coin. But this also does not necessarily give us passive income because the market talks about coins that are always fluctuating.

You can get passive income from such fluctuations especially if you are trading the coin. So if there is a downward movement, some people have benefited one way or the other and likewise up movement too, people make passive income.

Apart from trading, people are now also making passive income through mining of coins through different medium like telegram

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Ndabagi01
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July 11, 2024, 10:39:46 PM
 #159

No matter how little you earn by doing nothing but if you can earn it you make more money from money.
My number one thing now is crypto staking on many different exchangers and self custody wallets stablecoins and altcoins.

Actually if you’re not a smart person, you won’t get to know about passive investment opportunities. When you’re just glued to one path and have no idea how things are going on the broader world, you’ll lose relevancy early and you will not be engaged on again from that time. Trying to source out for information, connections is what makes you strive better among your circle and with that you’ll be open to more opportunities and information that will build you inwardly and physically.

Get an investment plan that will work for you and not necessarily investing in cryptocurrency if you can’t bare the volatility nature of the market, you can try something else out that will be giving you passive income. Money kept in bank or any other safe will lose value overtime if affected by inflation. If invested, the passive income will be adjusted with the current flow of economy at that time which is why investment is a better choice than saving money in the bank.

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bestcoins1
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July 11, 2024, 10:42:19 PM
 #160

You can get passive income from such fluctuations especially if you are trading the coin. So if there is a downward movement, some people have benefited one way or the other and likewise up movement too, people make passive income.
This method is still very much relied on by everyone who wants passive income through trading, because it is still quite real and can provide passive income to everyone. Even though there is still a certain level of risk in carrying it out, for those who understand enough about getting passive income, they will always understand the risks and try to stay on the right track so that the passive income they want can continue to be realized. And I think it's a good option that can still be used by anyone who has more courage in every condition.

Quote
Apart from trading, people are now also making passive income through mining of coins through different medium like telegram
And something like this is also quite viral at the moment, even though I personally haven't tried it yet, but when I started seeing several people who had done it, of course I also had the intention to do it one day. Because who knows, this could also be a suitable thing to do as long as it can provide passive income as we have always wanted, even though this is a new method that never existed before. So it wouldn't be wrong if it could be used by many people and get passive income for a long period even though things like that still depend on the value of the coins we mine later.

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