How to Maximize Your Passive Income from Cryptocurrency

[kryptqnick]

staking or Lending?

I think long-term holding is better than both. One can invest in Bitcoin long-term, and if that works out well enough, one can just gradually sell bits of BTC when needed, while the value of the rest will continue growing in the long run (if you believe that it will, as nobody can say for sure). Staking is alright, but it probably requires freezing your funds for a certain time period and/or storing them on a centralized platform. That's a limitation of financial freedom and a risk. Also, if a coin doesn't grow long-term, staking is pretty useless anyway.

[justdimin]

staking or Lending?

lending is much more work than staking in my opinion

it will depend on the platform and their conditions or how they operate but you are still going to have to interact and learn more about who you are lending your crypto to and it’s a whole lot more contracts to deal with

it will be such a headache if borrowers don’t pay

I feel like lending to shorters or basically leverage/margin etc those type of crazy traders, doesn't really make sense to me because you make money from one side or the other whoever loses, but you are just risking based on volume and that means it may not be that much. Check anyone who has done this for a full year, and you will see that the return isn't as profitable as people think it is. I am not saying it is terrible, of course it can be good for some people but I find it very low.

Staking on the other hand depends on what you are staking, sometimes you stake a bit and sometimes you don't but in the end we are talking about something that will take a while and shouldn't really be all that much of a profit if you are careless.

[Stablexcoin]

I get to choose staking. Staking is a great way to earn passive income especially when you invest your profits back through staking instead of spending. In this case, there is a lower risk chance if you stake Bitcoin. The annual return is quite good but the problem why people do not like staking is because they are scared of staking in the wrong centralized exchange. One does not know what will happen within the year and once a coin is staked for the entire year it cannot be tampered or withdraw untill the period elapse.

staking or Lending?

I think long-term holding is better than both. One can invest in Bitcoin long-term, and if that works out well enough, one can just gradually sell bits of BTC when needed, while the value of the rest will continue growing in the long run (if you believe that it will, as nobody can say for sure). Staking is alright, but it probably requires freezing your funds for a certain time period and/or storing them on a centralized platform. That's a limitation of financial freedom and a risk. Also, if a coin doesn't grow long-term, staking is pretty useless anyway.

Staking inderectly seems to be the same thing as Long term. It as yearly staking period Just that there is an option to stake for months, it could 3 months, 6 months or whatever.

[dezoel]

Well I think it depends on the amount of your capital in which you want to take part in. If you are ready to really put yourself out there and know that you could risk a specific amount, then you should stake and make Your money work for you. Lend If you have Good place to lend to, especially if there are points to be earned and then maybe have an airdrop depending on the project.

I think it would be a great thing if you could do both.

Well, in any money-making opportunities, we must always be ready and face the risks that comes ahead. Now for both Staking and Lending, I'd say it depends on the platform or the person if we are lending them money, as some can only require a small capital but there are some who requires a bigger one.

A good place is also important for the both of them, so that we will have a less chance of being scammed or hacked. That's great if the place offers some extras or perks such as that '' Airdrop '' because we can maximize our income potential there. Doing both are I think too obvious that it could require a bigger capital than usual. The risks are higher as well but it can all be compensated once everything ends with a positive result.

[MarjorieZimmermanGinger]

staking or Lending?

Staking has several types and almost all of them have risks that you need to know about and vice versa with loans. Staking also does not offer huge profits because they will reduce profits at the end. So making a decision to choose staking or borrowing must be based on your own abilities. However, in the case of loans when you increase the interest rate it can be profitable, but there are also risks involved. Sometimes people have different views on the two, but I prefer the concept of building investments independently.

I prefer to keep my coins myself so that all profits will be mine personally compared to choosing both. Something that is expected to produce large profits must be planned and definitely requires a lot of capital to achieve the maximum profit percentage because now there is no chance of getting something for free.

[Scarlett_23]

Staking is mainly done on centralized platforms.  So I do not risk keeping my own funds with third party in long term.  Taking APY in the long term must be considered.  When you get a stakingoffer with a big APY you should invest wisely.  If you want to expect anything good from here, you must have an alternative road.  You can't just rely on it.  Because it is not fixed it fluctuates all the time.  Of course, if you want to give a loan, you must take collateral from the lender.

[arwin100]

Staking is mainly done on centralized platforms.  So I do not risk keeping my own funds with third party in long term.  Taking APY in the long term must be considered.  When you get a stakingoffer with a big APY you should invest wisely.  If you want to expect anything good from here, you must have an alternative road.  You can't just rely on it.  Because it is not fixed it fluctuates all the time.  Of course, if you want to give a loan, you must take collateral from the lender.

There's always a reminder that don't keep your funds on third party platform since we know the consequences of what will happen if everything falls apart. That's why I'm also not been attached or get attracted to any staking platform since its like we are dealing up with the risk especially if we decide to stake it for long term since we don't know what will happen to those centralized platform in future.

This is the reason why holding bitcoin is more favorable to me then accumulate more when there's a chance to do that especially if we got extra money since for me this is more better rather than riding up to the promise of those platforms that they could earn more better and assure that there funds is safe with them.

[Fuso.hp]

Staking is not completely safe for you. Before this I have done dollar staking in many staking sites, for some time I got regular interest from that project but after some time I got cheated from there. In this case you can tell me why I am not using important exchange for staking. There is definitely a big reason behind this, there are many coins that have staking benefits but there is a small amount of interest that we expect from staking your money for a long period of time. There are many other ways to earn from cryptocurrencies without staking. We can do trading if we want by applying our skills and if we have any other skills then we can do that. If we focus on the work that we can do perfectly then we can definitely earn passive income from here.