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How To Generate Passive Income?


Xarv

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Posted

Greetings Ladies amd Gents.

Today I would like to discuss about Passive Income through Crypto.

Recently I have stumbled upon Tron (TRX) and it's perks, long story short you can Freeze your asset and use it to Vote for a certain Super-Representative and they will reward you daily, proportionally to your amount of votes. (The Rewards changes depending on which SR you have voted for, some in TRX, some in TRC20 Token)

The ROI is nothing huge but the fact that you earn daily and you can re-invest/freeze those TRX to better your daily reward is something that I like. 

Are there any other methods out there that I have missed ? I wish I knew sooner about TRX and its benefits.

Please share with us if there are any other or better ways to generate some passive income in the crypto world.

Posted

There was always ways of earning passive income in the Cryptocurrency market, one of which you have just described - Staking. 

One of the other ways include running a Masternode, which you can Google for more information. 

Most of these methods include having a large amount of a certain coin and using that to your advantage.

 

Posted
3 minutes ago, nuuuitsjdragon said:

There was always ways of earning passive income in the Cryptocurrency market, one of which you have just described - Staking. 

One of the other ways include running a Masternode, which you can Google for more information. 

Most of these methods include having a large amount of a certain coin and using that to your advantage.

 

I will look up on Google for Masternode, Thanks.

Do you know what other coins has this Staking feature ? The little research I have done most of the coins seems really dodgy or has almost no value in USD. The only coin I am aware of (that I think is "safe") is Steem, which I still need to do some research on before hopping on the wagon.

Posted
1 hour ago, Xarv said:

Recently I have stumbled upon Tron (TRX) and it's perks, long story short you can Freeze your asset and use it to Vote for a certain Super-Representative and they will reward you daily, proportionally to your amount of votes. (The Rewards changes depending on which SR you have voted for, some in TRX, some in TRC20 Token)

Will surely look into it. 

 

41 minutes ago, nuuuitsjdragon said:

One of the other ways include running a Masternode,

Didn't knew about this either :) will explore further about both TRX and Masternode  Let us know any more methods if you guys know :)

Posted

there are many ways to get passive income through crypto. one of them is through Investment & Stock Trading.
but we must learn first about the new world of investment that we will do. It can be done by attending workshops / training about investing and trading stocks, by reading many reference books about the world of shares and another important thing we must have a mentor who guides us in managing the new world.

Posted

The one passive income that comes to my mind is to find wealthy affiliates to play on Stake where each of their bets would become your earned commisions. ;)

Posted
On 10/6/2019 at 8:34 AM, sheenazbay said:

there are many ways to get passive income through crypto. one of them is through Investment & Stock Trading.
but we must learn first about the new world of investment that we will do. It can be done by attending workshops / training about investing and trading stocks, by reading many reference books about the world of shares and another important thing we must have a mentor who guides us in managing the new world.

I wouldn't consider Trading as passive income, more like semi. 

On 10/6/2019 at 11:11 PM, Etude said:

The one passive income that comes to my mind is to find wealthy affiliates to play on Stake where each of their bets would become your earned commisions. ;)

Yes, if you managed to find someone who actually plays with a significant amount this can be lucrative. 

But A, Where to find them ?

And B, How long will they play for ? 

I've tried hunting affiliates many times, most of them wil quit without even starting to play lol, some others will stick around but eventually quit. 

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