Yatsan
Legendary
Offline
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
|
|
August 17, 2024, 07:32:05 AM |
|
Hey guys, The market is all acting up again. Probably because of US CPI data. And so bitcoin dropped to 59-57K again. Do ya'll think it'll go for 70k price target? Because I believe we won't be stuck on that price for so long.
Anyways, I believe some folks are looking for some passive income right now. It's not an uncommon thing to do, we'd earn by staking, giving liquidity in a dex and etc. but what can be a really good passive income?
So I am assuming that many investors are holding USDT due to market uncertainty. I believe we can stake USDT at any good staking platform. Platforms like Bitget offer attractive rates of up to 18% APR, while Binance provides a more modest 1.91%, so y'all know what's best.
Yes its common to say that the current drop in price of bitcoin in the US. CPI data underpin the impact of the volatility of the market. While it's possible, as far as i know with broader economic factors and market sentiment, to get back to $70K, some work in the ways of passive income, such as betting and providing liquidity. In USDT there's a guaranteed and consistent return, although countercheck with the reliability of the platform. While the offer of an 18% APR by Bitget amounts to a tempting offer in itself, but you should not forget the risk and safety features during investment. On the other hand, Binance offers just 1.91%, which is low but more stable. So to add to this trend, what I have seen as the most common way to earn passive income and suggests to was discussed on the forum investing in coins or tokens, so their next bull season, that increase in value over time is because of the 'significant' impact of inflation returns, which I emphasize and you need a lot of patience for this one. Also, this one helps me too, you need to set the balance between risk and return against the investment objectives and risk tolerance, just take you time and don't make sudden decision without consulting it to someone you know or someone who can help you.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
mich
Legendary
Offline
Activity: 3332
Merit: 1034
#1 VIP Crypto Casino
|
|
August 17, 2024, 07:49:20 AM |
|
Well for me I think we can make passive income with crypto but we must take a big risk. We can stake some tokens for earning passive income and we do not have to do nothing once they are staked.
Tokens like Eth, Sol, and Tezos are tokens we can make passive income off. But we must remember it can be risky if something does happen. I do not like to stake my coins anymore I did not like for them to not be in my hands at all times.
|
|
|
|
CK485
Member
Offline
Activity: 308
Merit: 22
WOITOKEN Play to Earn NFT Game
|
|
August 17, 2024, 12:12:05 PM |
|
The only passive income opportunity in crypto market is, mining or staking. I don't think any other passive income opportunity exists here.
People who do not have a huge amount of money to set up a mining operation, can surely benefit from staking. With pool staking you also do not need to have a huge amount in a specific cryptocurrency. You can start with little and gradually increase your stakes.
If you know about any other passive income opportunity, let me know!
the need for an effort to generate in the context of cryptocurrencies, but passive income can be obtained in various ways, including loans and network support, sharing dividends with token holders, to do this requires a process with risks for those who risk their coins and can lose some of their investment, if they agree to transactions that are not in accordance with cryptocurrency rules, and in lending platforms and cryptocurrencies the risk is not insured or supported by any government agency, the risk of losing capital is always there due to price changes.
|
|
|
|
libert19
|
|
August 17, 2024, 01:07:34 PM |
|
I don't trust any custodial staking platforms or exchanges, I stake natively until prices become favorable to sell — have $ATOM, $TIA, $OSMOSIS, $HIVE staked at the moment, I love Hive because you can delegate your staked coins and multiply your reward.
|
|
|
|
Dr.Bitcoin_Strange
|
|
August 17, 2024, 03:10:17 PM |
|
Hey guys, The market is all acting up again. Probably because of US CPI data. And so bitcoin dropped to 59-57K again. Do ya'll think it'll go for 70k price target? Because I believe we won't be stuck on that price for so long.
Anyways, I believe some folks are looking for some passive income right now. It's not an uncommon thing to do, we'd earn by staking, giving liquidity in a dex and etc. but what can be a really good passive income?
So I am assuming that many investors are holding USDT due to market uncertainty. I believe we can stake USDT at any good staking platform. Platforms like Bitget offer attractive rates of up to 18% APR, while Binance provides a more modest 1.91%, so y'all know what's best.
To my knowledge, the most used passive income in crypto is holding and trading. I believe that there are so many investors that have only invested into Bitcoin, altcoins and memecoin, while there are other investors who are taking advantage of the market volatility and they are earning profit from trading. Those that can not risk trading on future market are just doing averaging. Although there are still many investors that love Staking but I don't think there population is higher than holders and traders. The risk of staking is that you don't have your asset under your control, if any happens to the platform you staked your asset, you might lose your money.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Beparanf
|
|
August 17, 2024, 03:22:18 PM |
|
Looking for a passive opinion is not so easy except for the risks that we have to go through every time we start trading, there is no other choice but to dare to take a stand and defend the coins you already hold, rather than betting on other passive coins. For bigger profits, we usually have to keep the coins in our wallet for the next few months, that's the only sure solution.
He is not referring to passive coin but rather he is looking for investment opportunities that provides passive income like staking on DeFi or Earn feature of exchange. You should read carefully the content of the topic before you jump into post like this. @OP, Your best choice is still DeFi such as Lending or Staking. They are still the best in getting passive income as DeFi already evolving to different type of staking such as liquid staking an some sort related to staking into a pool to earn passive profit.
|
|
|
|
Lilybasil
Newbie
Offline
Activity: 35
Merit: 0
|
|
August 18, 2024, 06:02:01 AM |
|
Hey guys, The market is all acting up again. Probably because of US CPI data. And so bitcoin dropped to 59-57K again. Do ya'll think it'll go for 70k price target? Because I believe we won't be stuck on that price for so long.
Anyways, I believe some folks are looking for some passive income right now. It's not an uncommon thing to do, we'd earn by staking, giving liquidity in a dex and etc. but what can be a really good passive income?
So I am assuming that many investors are holding USDT due to market uncertainty. I believe we can stake USDT at any good staking platform. Platforms like Bitget offer attractive rates of up to 18% APR, while Binance provides a more modest 1.91%, so y'all know what's best.
Yes its common to say that the current drop in price of bitcoin in the US. CPI data underpin the impact of the volatility of the market. While it's possible, as far as i know with broader economic factors and market sentiment, to get back to $70K, some work in the ways of passive income, such as betting and providing liquidity. In USDT there's a guaranteed and consistent return, although countercheck with the reliability of the platform. While the offer of an 18% APR by Bitget amounts to a tempting offer in itself, but you should not forget the risk and safety features during investment. On the other hand, Binance offers just 1.91%, which is low but more stable. So to add to this trend, what I have seen as the most common way to earn passive income and suggests to was discussed on the forum investing in coins or tokens, so their next bull season, that increase in value over time is because of the 'significant' impact of inflation returns, which I emphasize and you need a lot of patience for this one. Also, this one helps me too, you need to set the balance between risk and return against the investment objectives and risk tolerance, just take you time and don't make sudden decision without consulting it to someone you know or someone who can help you. I agree with you about the best ways to earn passively is buying low and selling high but staking comes close. Gives you a leverage though their apr is often little. When op mention Bitget gives an 18% apr on usdt staking, I didn't believe so I went to do some digging. Turns out it's for south Asians as a way to celebrate independence day. More details here >> BG independence day staking offer. Op should specify from henceforth..
|
|
|
|
dezoel
Legendary
Offline
Activity: 2212
Merit: 1081
Leading Crypto Sports Betting & Casino Platform
|
|
August 19, 2024, 03:39:31 PM |
|
We are having too many options and ideas from the members of this community about this all but still we need to understand there is no passive income in this world of crypto because we are having volatile market where things can take serious changes, and we can lose our capital in quick time just before doing any investment for this purpose we need to understand this all and also done our search and work because this is best for having our money on better place.
After reading many posts and views I have feeling currently mostly are feeling Staking is the best option but still it's not giving reward or return of investment as we needed because their return is very low but mostly are having other options as well because they feel comfortable with this and after having experience and hard work many are doing good because they understand how to use their money for better return and other things about this investment.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
o48o
Legendary
Offline
Activity: 3052
Merit: 1166
Leading Crypto Sports Betting & Casino Platform
|
|
August 19, 2024, 05:59:26 PM |
|
Hey guys, The market is all acting up again. Probably because of US CPI data. And so bitcoin dropped to 59-57K again. Do ya'll think it'll go for 70k price target? Because I believe we won't be stuck on that price for so long.
Anyways, I believe some folks are looking for some passive income right now. It's not an uncommon thing to do, we'd earn by staking, giving liquidity in a dex and etc. but what can be a really good passive income?
So I am assuming that many investors are holding USDT due to market uncertainty. I believe we can stake USDT at any good staking platform. Platforms like Bitget offer attractive rates of up to 18% APR, while Binance provides a more modest 1.91%, so y'all know what's best.
It's a myth. Like a holy grail of income some people are still believing into. There are no shortcuts, and people who are making passive income are making it because they were early on something. Because they chose to pursue something before it become a thing. Then others try to find a key element from that, like yield farming or something, but they never work, because only reason someone made passive income in the first place was because they were just in the right place at the right time. And you can't copy being lucky. You can always just to create your own luck by being aware of everything that's new in here. Like few people did with NFTs before majority of people even grasped what they were, or had even heard of them.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Victor4
Newbie
Offline
Activity: 22
Merit: 0
|
|
August 20, 2024, 05:55:53 PM |
|
The market is in its most volatile state yet, there are many factors contributing to it from the US election to the threat of a new lockdown, even to the one you mentioned so yeah, I do agree that staking seems to be one of the best options available rn.
As for the difference in returns, it's expected not every platform can offer as much APR as Bitget or even focuses on staking.
|
|
|
|
VicManton
Jr. Member
Offline
Activity: 154
Merit: 4
|
|
August 21, 2024, 07:51:26 AM |
|
Hey guys, The market is all acting up again. Probably because of US CPI data. And so bitcoin dropped to 59-57K again. Do ya'll think it'll go for 70k price target? Because I believe we won't be stuck on that price for so long.
Anyways, I believe some folks are looking for some passive income right now. It's not an uncommon thing to do, we'd earn by staking, giving liquidity in a dex and etc. but what can be a really good passive income?
So I am assuming that many investors are holding USDT due to market uncertainty. I believe we can stake USDT at any good staking platform. Platforms like Bitget offer attractive rates of up to 18% APR, while Binance provides a more modest 1.91%, so y'all know what's best.
Since the bear market in 2021, I have sought for an alternative way to make the most from the market without burning my account up again just as you have said, I used several safe ROI products instead of the very volatile one and just recently that India celebrated their independence, I have participated in the USDT staking event on Bitget as well, nothing too special, just that if folks can sit to calculate the difference in profits they make from those volatile trading and the APR they can get from saving maybe it will help provide a clear direction as to what to do next.
|
|
|
|
dbshck
Staff
Legendary
Offline
Activity: 2454
Merit: 1617
Crypto Swap Exchange
|
|
August 21, 2024, 08:58:11 AM |
|
Anyways, I believe some folks are looking for some passive income right now. It's not an uncommon thing to do, we'd earn by staking, giving liquidity in a dex and etc. but what can be a really good passive income? Apologies for shilling Hyperliquid again but there's an interesting opportunity here that I think more people should be aware of. Hyperliquid has a community-owned vault called Hyperliquidity Provider (HLP), designed to provide liquidity for their perpetual markets. Key points: - Current vault size: Over $257 million USDC
- Recent performance: 23% APR in the past month (previously exceeded 30% before a recent surge in deposits)
- Strategy: Unlike traditional AMM pools prone to impermanent loss, HLP employs a sophisticated market-making strategy developed by the Hyperliquid team
- Revenue streams: Profits from market-making, a share of Hyperliquid's trading fees, and acting as primary liquidators for perp markets
- The vault has consistently generated profits across various market conditions (see PnL chart below)
If you're looking to put some USDC to work, the Hyperliquid HLP vault might be worth investigating. As always, please do your own research and be aware of the usual risks associated with DeFi platforms. Platforms like Bitget offer attractive rates of up to 18% APR
How could they offer such high rates? (I'm too lazy to look it up myself) Unless it's just a promotional rate with capped amount, this sounds too high of a return for passive USDT staking.
|
|
|
|
justdimin
|
|
August 21, 2024, 12:22:30 PM |
|
It's a myth. Like a holy grail of income some people are still believing into. There are no shortcuts, and people who are making passive income are making it because they were early on something. Because they chose to pursue something before it become a thing. Then others try to find a key element from that, like yield farming or something, but they never work, because only reason someone made passive income in the first place was because they were just in the right place at the right time. And you can't copy being lucky. You can always just to create your own luck by being aware of everything that's new in here. Like few people did with NFTs before majority of people even grasped what they were, or had even heard of them.
Being early is one way, being rich is also another way. If you are a rich person then you can find a million ways to actually make some good returns, otherwise it is not going to be that easy to handle it, and will definitely cause a lot of trouble for a lot of people. Poor people trying to invest into things to have passive income will usually find things with high risk and high return promises and get scammed during the process instead. We need to learn to control our emotions and just wanting this is not enough reason to do it, because if it's a fake thing then you will lose your money. In the end, we have something decent with bitcoin, if you really want profit and not have much money then just invest whatever you have into bitcoin and wait, it will go up. If you have a lot of money then you will find plenty of stuff to get passive income anyway, the best way is usually proof of stake, which ETH has, and gives 5% or so return yearly at the moment.
|
|
|
|
Wexnident
|
|
August 21, 2024, 01:12:05 PM |
|
~
Calm your tits, Bitcoin has dropped below 60k quite a few times already, pretty sure it's time to get used to it and consider it a norm at this point (which it is, tbh). Afaik staking as you've said, yes, is the most used option for crypto passive income? I mean I reckon a lot more would stake regardless of the warnings people say about not your keys not your coins cause it can bring profit on top of the possible profits from the coin growing in price itself. I prefer just letting my coins appreciate by themselves though.
|
RAZED | │ | ███████▄▄▄████▄▄▄▄ ████▄███████████████▄ ██▄██████▀▀████▀▀█████▄ ░▄███████████▄█▌████████▄ ▄█████████▄████▌█████████▄ ██████████▀███████▄███████▄ ██████████████▐█▄█▀████████ ▀████████████▌▐█▀██████████ ░▀███████████▌▀████████████ ██▀███████▄▄▄█████▄▄██████ █████████████████████████ █████▀█████████████████▀ ███████████████████████ | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ███████████████████ | RAZED ORIGINALS SLOTS & LIVE CASINO SPORTSBOOK | | | NO KYC | | │ | RAZE THE LIMITS ►PLAY NOW |
|
|
|
o48o
Legendary
Offline
Activity: 3052
Merit: 1166
Leading Crypto Sports Betting & Casino Platform
|
|
August 21, 2024, 07:06:08 PM |
|
It's a myth. Like a holy grail of income some people are still believing into. There are no shortcuts, and people who are making passive income are making it because they were early on something. Because they chose to pursue something before it become a thing. Then others try to find a key element from that, like yield farming or something, but they never work, because only reason someone made passive income in the first place was because they were just in the right place at the right time. And you can't copy being lucky. You can always just to create your own luck by being aware of everything that's new in here. Like few people did with NFTs before majority of people even grasped what they were, or had even heard of them.
Being early is one way, being rich is also another way. If you are a rich person then you can find a million ways to actually make some good returns, otherwise it is not going to be that easy to handle it, and will definitely cause a lot of trouble for a lot of people. Poor people trying to invest into things to have passive income will usually find things with high risk and high return promises and get scammed during the process instead. We need to learn to control our emotions and just wanting this is not enough reason to do it, because if it's a fake thing then you will lose your money. In the end, we have something decent with bitcoin, if you really want profit and not have much money then just invest whatever you have into bitcoin and wait, it will go up. If you have a lot of money then you will find plenty of stuff to get passive income anyway, the best way is usually proof of stake, which ETH has, and gives 5% or so return yearly at the moment. I have mixed opinions about the belief that controlling emotions being the key to riches. It's not even clear what people mean with that as some just seem to think it's suppressing emotions. Imho it's more about the attitude of being interested, looking into things combined with circumstances and luck than emotion control. Emotions might as well be good source and motivation for acting fast when needed. There are lots of stories about people "aping in" without research because they felt like it and that has made people both rich and to lose money. You just have to find right thing at the right time. Controlling emotions, (or understanding them while feeling them more like it) helps us in lots of situations, but that's not really a key to make anyone rich. People who say that it helps usually mean day trading and keeping your nerves not to sell. But from my experience decision of not to sell has been easier then selling. It's way harder to sell the tops or cut your losses when you are waiting for 1000x more. And when you use lots of money to stake eth, you still need to remind your self that eth gives around 5% yearly in eth, not in dollars. That's the reason why it's considered risky investment.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
AVE5
|
|
August 21, 2024, 09:43:21 PM |
|
So I am assuming that many investors are holding USDT due to market uncertainty. I believe we can stake USDT at any good staking platform. Platforms like Bitget offer attractive rates of up to 18% APR, while Binance provides a more modest 1.91%, so y'all know what's best.
A lot of Investors might be holding their funds on USDT as a result of the depreciation of cryptocurrency but something to be asked is if are those doing the right thing? What's the essence of DCAing and how we can hodl to increase our assets? If we also believe converting our crypto assets to USDT is the best move as a result to save our values, then buying at the Dip would be feared as we can buy on a cheat rate and still covert the yet unprofited volatile values to stable values omas USDT. I just needed to make us understand that we don't need to follow the crowd but otherwise doing the needful.
|
|
|
|
DiMarxist
|
|
August 21, 2024, 10:19:08 PM |
|
Op I must say this, your topic and content are contradicting because you asked of the option of positive income of cryptocurrency and in the content you are saying of USDT and centralized exchanges. Please always have a coherence with your subject and the body. As for the topic it is investment is the best possible way to have crypto income while the body is Bitcoin only for long term investment because USDT is a stable coin that will not generate any good gain in the long run. Therefore I prefer using Bitcoin and be patient to wait for a long term for investment.
|
|
|
|
Godday
|
|
August 22, 2024, 04:41:59 AM |
|
That's right, if I had to choose, I would also choose Binance, especially if we hold the coins that support the launch, it will provide a lot of benefits from the results of the stake that we make, even though it's only 1.9%, it can provide profits.
It is a smart strategy for those who are long term hodlers and do not trade their coins. Other than Bitcoin I think holding coins that have launchpools like BNB or TKO in my country has many benefits. As you said we can keep DCAing BNB and over time the accumulation will increase and the percentage of rewards from the launchpool will also increase. I have been doing this for a few months and it is very good for me who does not do day trading.
|
|
|
|
beerlover
Legendary
Offline
Activity: 3066
Merit: 1188
|
|
August 22, 2024, 05:42:21 PM |
|
Anyways, I believe some folks are looking for some passive income right now. It's not an uncommon thing to do, we'd earn by staking, giving liquidity in a dex and etc. but what can be a really good passive income? Apologies for shilling Hyperliquid again but there's an interesting opportunity here that I think more people should be aware of. Hyperliquid has a community-owned vault called Hyperliquidity Provider (HLP), designed to provide liquidity for their perpetual markets. Maybe they put their money into hyperliquid and make a lot and then offer 18% back to customers? Lol. All jokes aside if you weren't a legendary staff account, I would consider that as a total shill and nothing more, if you were a newbie I would consider not only a shill, but a spam and would tell moderators to delete it because it could be rug pull ad. However, because you are a staff legendary account, I had the desire to check and seems like they are actually legit and trying something. Like you said everyone should do their research and just because it had some good period doesn't mean that this would go on forever, maybe one would see them do great, get in, and next day it crashes because it gets hacked or something, defi's are prone to hacks after all, we seen so many, everyone thinks they won't be hacked before they do. However, so far, I can say that they are fully legit and actually trying to build something good, rare to see something like that.
|
| | . .Duelbits│SPORTS. | | | ▄▄▄███████▄▄▄ ▄▄█████████████████▄▄ ▄███████████████████████▄ ███████████████████████████ █████████████████████████████ ███████████████████████████████ ███████████████████████████████ ███████████████████████████████ █████████████████████████████ ███████████████████████████ ▀████████████████████████ ▀▀███████████████████ ██████████████████████████████ | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | ███▄██▄███▄█▄▄▄▄██▄▄▄██ ███▄██▀▄█▄▀███▄██████▄█ █▀███▀██▀████▀████▀▀▀██ ██▀ ▀██████████████████ ███▄███████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ▀█████████████████████▀ ▀▀███████████████▀▀ ▀▀▀▀█▀▀▀▀ | | OFFICIAL EUROPEAN BETTING PARTNER OF ASTON VILLA FC | | | | ██ ██ ██ ██
██ ██ ██ ██
██ ██ ██ | | | | 10% CASHBACK 100% MULTICHARGER | │ | | │ |
|
|
|
bastian466
Sr. Member
Offline
Activity: 1400
Merit: 251
Buzz App - Spin wheel, farm rewards
|
|
August 22, 2024, 07:59:20 PM |
|
Passive income in cryptocurrency is available but it comes with risk. Staking is the most common form of passive income and usually exchanges are the best place for staking as the returns are high. The risk is that you will never have control over an exchange wallet. If anything happens to the exchange you will lose your coins. The best thing to do is to buy good coins and then hold them in non custodial wallet and wait for the price to go up. In the mean time you can continue accumulating more whenever the price of the coins go down.
I never staking for a specific reason, but sometimes there is a curiosity to do it, but I often buy good coins but do not store them in a non custodial wallet but store them in the exchange wallet itself for the simple reason that it is easier to see the development and make transactions quickly without having to move from place to place
|
|
|
|
|