Hi Steemians,
In this post today i want to discuss something that might be interesting for you all. Perhaps you have seen similar posts in Steemit but for me it is still new and I am excited to share it to you.
What I want to share is about Passive Income. What is Passive Income? Basically a situation where your Bussiness or Investments generates money for you without/ with minimal effort from your side. For example, you own a property and you rent it out, then you generate a passive income every month (even if you on vacation).
Another example is to have dividends in a traditional stock market. Normally, companies give quarterly (every 3 months) of dividends to its shareholders (people who own the company's share/stock). As long as you hold that shares at the right companies, you will get your dividends.
Passive Income is one of the best way to get you out from your boring and dull work that you don't really want to do.
But then what if you don't have enough money to buy property or buy stocks? How can you get passive income?
This is where cryptocurrency comes in. You see, we are at the cusp of global transformation where crypto millionaires are being minted every year. And this is where you can play and generate passive income!
HOW?
By EARNING and OWNING cryptocurrencies... There are several ways, let´s start:
(PS: Please do your own research, what I post here may or may not suitable for your own situation so act wisely)
PSS: Use Binance to buy these cryptos below, here use this link to register:
https://www.binance.com/?ref=25822913
Joining STEEMIT
Of course! Steemit is a platform where you get rewards simply by posting or curating other people´s posts. Granted that in the beginning you will earn less but if you stick to your gun, work hard in producing good content, build your followers, and maybe invest some money i.e 100-500 usd/2 months to buy Steem Power then you can earn a lot faster.
I myself still working hard in building my account and I believe that one day I can be a Whale on Steemit :)
Buy Bitcoin
Last year Bitcoin (BTC) did 3 Hard Fork and everytime a fork happenned, each Bitcoin´s holder got the same amount of the new coins. In other words, free money! Owning Bitcoin is also have it´s advantages because it serves as a store of value and a gate to enter the crypto world
Own Ethereum
Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications (dApp). It was developed by Vitalik Buterin in 2015 and now it is the second most valuable crypto out there. So owning some of it really made sense plus from time to time if there is a new dApp being launch, sometimes they will do an airdrop or giveaway their tokens to all ethereum holders. In other words: Free money, again :D
Own EOS
EOS is aiming to become a decentralized operating system which can support industrial-scale decentralized applications. It is being developed by Dan Larimer (the guy who also created this Steemit, in case you don´t know). And the plan is they will launch the blockchain in June 2018 with many dApps already being built on top of it. The good news now, there will be an Airdrop by Everipedia to all EOS token´s holder by the end of february or beginning of march. So again: FREE MONEY
read the link here:
Own NEO
NEO is is a next generation smart economy platform. It was traded 0.17 usd in January 2017 but now has risen to 121 usd! My personal believe it will continue to grow in value this year. And if you keep your NEO tokens in a NEON wallet , as long as you keep them there, you will also generate NEO GAS (or they just say it GAS) every 24.1 seconds!. GAS is the fuel that power the transaction of NEO. Currently GAS is traded around 45.83 usd
Simply put, by owning some NEO you own a share of the blockchain and GAS is your dividend of that blockchain
Again: FREE MONEY
Install CINDICATOR (CND)
Cindicator is a new comer in crypto world. It aims to be able to accurately predict the market by combining human analysis and it´s AI. Right now they are still in very early stages but I can see tremendous value of their products!.
Unlike any other newcomers, Cindicator has already a built up prototype called Cindicator Bot. By owning their tokens, you can get various predictions of the market (traditional and crypto). Also, if you install their App from Apple store or Google play you can join answering their questions and make predictions too! Every correct predictions you made, you will get points and at the end of the month, depending of how much points you get you will earn Ethereum as your reward!
The questions itselfs is simple and direct, and it doesn´t take long time to answer it. So it will not take much of your time...
Sooo what do you think?? do you have any other strategies in generating passive income in cryptos? please share them below (seriously, I want to know too!). Thank you for reading my post!
Help me grow by upvoting, following, and re-steeming my posts then I will help you in giving you useful informations for your day...
your information is correct.
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thank you
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This post has received a 1.97 % upvote from @boomerang thanks to: @dimas-alfaruq
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Thank you dimas-alfaruq for making a transfer to me for an upvote of 1.08% on this post!
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You got a 3.35% upvote from @ipromote courtesy of @dimas-alfaruq!
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