How can I begin earning passively

Carpon

Valued Contributor
Passive income is indeed very good and anyone who wants to attain a level of financial stability should be able to improvise ways to begin earning passively. Passive income can be gotten from a number of sources and investments and below is an outline of such ways through which a person can begin passive earning.

✓ Buying long term shares
✓ Getting a roommate
✓ Renting your room
✓ Investing in stock market
✓ Investing in a business
✓ Renting your car or automobile
✓ Managing a business

These are some few ways that passive income can be generated.
Getting a roommate is a kind of passive income source most ideal for students who pay rent. Such a room mate can be able to cover up for some mortgages and also helps you in paying rent. You may pay $ 50 as rent but when you have a roommate, he or she will pay you part of the rent and you have more to spend and such was earned passively.
 

Chibson

VIP Contributor
Before anyone start making money passively online or offline he or she must understand properly what passive income means.

Passive income can be defined as a process of making money when you are not actively participating in the process of it. It is also important for you to know that there is no way you can be able to make passive income if you have not invested some money and time in the past.

There are several passive income opportunities for so many people on the internet in which anyone can capitalise on it and make some good amount of money for him or herself.

One of my most preferable passive income stream is Amazon Kindle publishing. If you know how to write books you can venture into Amazon Kindle publishing and stand a chance of making some good amount of money for yourself.

The beautiful thing about Amazon Kindle publishing is that you can also make money even if you do not know how to write books because you can publish low content books and you can also hire people to write for you.

It is therefore important for you to understand it properly if you really want to make profit in the long run. Blogging is also another passive income stream for anyone that really wants to succeed.
 

bluecouldron

New member
In connection to renting your room to earn passive income, you can also put up your holiday home or your rare used residence or home on AirBnB. Besides enabling you to earn some money, this move would help you to cater for the costs of maintaining such property.
I think this idea should guide people to build homes in areas with potential for AirBnB income.
 

Rubz

Active member
These are all good ways to earn passive income. I don't really agree with you on having a roommate as a means of earning passively. In my country, roommates split the house rent among themselves equally and at the end of the month or year, depending on their agreement with the landlord, they put the money together and give it to the landlord. I don't see how that is a means of earning passively. In my country, the most popular means of earning passively is by buying long term shares and investing in stock market. The one i personally prefer though is investing in a business, especially in a business that deals with agricultural products. This is because no matter how bad things are, people must always eat, so agricultural products are always purchased.
 

Sotherefore

VIP Contributor
Thanks for sharing , personally if I am interested to have a passive income , the most important thing I will do is to have a passive income that can be done online because that is the most convenient as everything can be done at the comfort of your home without you having to stress yourself..
Talking about having challenge, that does not mean that everything you are interested to do will be as smooth as possible , sometimes you may have challenges along the way when trying to make money passively..

Investing in stock market could have been a way I could have used to generate passive income online , but at the same time it is risky and instead of passive income with stock investment I rather look for opportunity to invest in real estate . It is profitable and can guarantee me a better way of making money passively offline .
 

Bash4j

Active member
I consider crypto passive income more profitable and flexible compared to other sources.
Crypto passive income involves maximizing returns on our crypto holdings. Although the need to hold a little capital is key and It takes time and effort to earn big,
Below are some of the few strategies to earn passively in the crypto space.

Staking. It involves committing your crypto holdings to be used to confirm transactions and support the blockchain network. In return, you receive rewards for what you’ve staked. A perfect example is the exchange flexible staking event with amazing APR.

Join Airdrop event
Airdrop in crypto refers to the sharing of cryptocurrency tokens or coins for free aims at gaining new followers, and strengthening the user base. Users can easily take advantage of emerging projects to earn free tokens. Many crypto projects or crypto exchanges often engage in airdrops to promote their coins and gain traction within the crypto community. The project/exchange asks crypto investors to help perform a specific set of tasks (such as sharing posts, signing up to the platform, etc.), and in exchange, users receive the project’s tokens. Just like the ongoing #LTC Halving countdown event that requires the participant to sign up and trade to win a share of $60k worth of $ the LTC prize pool.
Others include
Refer a friend to earn
Learn to earn
Play to earn and trade to earn.

in my opinion, the sign-up to earn or learn to earn seems flexible and affordable because users need little or no capital to participate in.
 

iamcryptic

New member
I consider crypto passive income more profitable and flexible compared to other sources.
Crypto passive income involves maximizing returns on our crypto holdings. Although the need to hold a little capital is key and It takes time and effort to earn big,
Below are some of the few strategies to earn passively in the crypto space.

Staking. It involves committing your crypto holdings to be used to confirm transactions and support the blockchain network. In return, you receive rewards for what you’ve staked. A perfect example is the exchange flexible staking event with amazing APR.

Join Airdrop event
Airdrop in crypto refers to the sharing of cryptocurrency tokens or coins for free aims at gaining new followers, and strengthening the user base. Users can easily take advantage of emerging projects to earn free tokens. Many crypto projects or crypto exchanges often engage in airdrops to promote their coins and gain traction within the crypto community. The project/exchange asks crypto investors to help perform a specific set of tasks (such as sharing posts, signing up to the platform, etc.), and in exchange, users receive the project’s tokens. Just like the ongoing #LTC Halving countdown event that requires the participant to sign up and trade to win a share of $60k worth of $ the LTC prize pool.
Others include
Refer a friend to earn
Learn to earn
Play to earn and trade to earn.

in my opinion, the sign-up to earn or learn to earn seems flexible and affordable because users need little or no capital to participate in.
Nice analysis mate. The ltc having countdown event caught my attention. And I'll like to know more details about it such as the criteria for sharing in such a huge reward pool & where's it being held?
 

Chronos

New member
I consider crypto passive income more profitable and flexible compared to other sources.
Crypto passive income involves maximizing returns on our crypto holdings. Although the need to hold a little capital is key and It takes time and effort to earn big,
Below are some of the few strategies to earn passively in the crypto space.

Staking. It involves committing your crypto holdings to be used to confirm transactions and support the blockchain network. In return, you receive rewards for what you’ve staked. A perfect example is the exchange flexible staking event with amazing APR.

Join Airdrop event
Airdrop in crypto refers to the sharing of cryptocurrency tokens or coins for free aims at gaining new followers, and strengthening the user base. Users can easily take advantage of emerging projects to earn free tokens. Many crypto projects or crypto exchanges often engage in airdrops to promote their coins and gain traction within the crypto community. The project/exchange asks crypto investors to help perform a specific set of tasks (such as sharing posts, signing up to the platform, etc.), and in exchange, users receive the project’s tokens. Just like the ongoing #LTC Halving countdown event that requires the participant to sign up and trade to win a share of $60k worth of $ the LTC prize pool.
Others include
Refer a friend to earn
Learn to earn
Play to earn and trade to earn.

in my opinion, the sign-up to earn or learn to earn seems flexible and affordable because users need little or no capital to participate in.
This is really apt. Crypto is indeed a very good source of passive income, and within the Crypto system, airdrop events are my favorites. I saw some news about that LTC halving countdown event that Bitget is holding, yesterday on Twitter, and it seems like a great event. I planned to check it out but I forgot, I'll check it first thing tomorrow, hahaha.
 

GeneralEth

New member
I consider crypto passive income more profitable and flexible compared to other sources.
Crypto passive income involves maximizing returns on our crypto holdings. Although the need to hold a little capital is key and It takes time and effort to earn big,
Below are some of the few strategies to earn passively in the crypto space.

Staking. It involves committing your crypto holdings to be used to confirm transactions and support the blockchain network. In return, you receive rewards for what you’ve staked. A perfect example is the exchange flexible staking event with amazing APR.

Join Airdrop event
Airdrop in crypto refers to the sharing of cryptocurrency tokens or coins for free aims at gaining new followers, and strengthening the user base. Users can easily take advantage of emerging projects to earn free tokens. Many crypto projects or crypto exchanges often engage in airdrops to promote their coins and gain traction within the crypto community. The project/exchange asks crypto investors to help perform a specific set of tasks (such as sharing posts, signing up to the platform, etc.), and in exchange, users receive the project’s tokens. Just like the ongoing #LTC Halving countdown event that requires the participant to sign up and trade to win a share of $60k worth of $ the LTC prize pool.
Others include
Refer a friend to earn
Learn to earn
Play to earn and trade to earn.

in my opinion, the sign-up to earn or learn to earn seems flexible and affordable because users need little or no capital to participate in.
This seems like an enlighten me more about how this things works in the crypto space, i's prefer the staking option you mentioned thoughand enjoy the profit Alone. and ya i'll be checking out the exchange to get more insight about what you're really saying
 

Incarts

Member
I consider crypto passive income more profitable and flexible compared to other sources.
Crypto passive income involves maximizing returns on our crypto holdings. Although the need to hold a little capital is key and It takes time and effort to earn big,
Below are some of the few strategies to earn passively in the crypto space.

Staking. It involves committing your crypto holdings to be used to confirm transactions and support the blockchain network. In return, you receive rewards for what you’ve staked. A perfect example is the exchange flexible staking event with amazing APR.

Join Airdrop event
Airdrop in crypto refers to the sharing of cryptocurrency tokens or coins for free aims at gaining new followers, and strengthening the user base. Users can easily take advantage of emerging projects to earn free tokens. Many crypto projects or crypto exchanges often engage in airdrops to promote their coins and gain traction within the crypto community. The project/exchange asks crypto investors to help perform a specific set of tasks (such as sharing posts, signing up to the platform, etc.), and in exchange, users receive the project’s tokens. Just like the ongoing #LTC Halving countdown event that requires the participant to sign up and trade to win a share of $60k worth of $ the LTC prize pool.
Others include
Refer a friend to earn
Learn to earn
Play to earn and trade to earn.

in my opinion, the sign-up to earn or learn to earn seems flexible and affordable because users need little or no capital to participate in.
The previous halving events have been a good catalyst to boost price so I figure LTC will see a rise in due time, accumulating LTC now makes a lot of sense.
 

Zeddicus

Member
I consider crypto passive income more profitable and flexible compared to other sources.
Crypto passive income involves maximizing returns on our crypto holdings. Although the need to hold a little capital is key and It takes time and effort to earn big,
Below are some of the few strategies to earn passively in the crypto space.

Staking. It involves committing your crypto holdings to be used to confirm transactions and support the blockchain network. In return, you receive rewards for what you’ve staked. A perfect example is the exchange flexible staking event with amazing APR.

Join Airdrop event
Airdrop in crypto refers to the sharing of cryptocurrency tokens or coins for free aims at gaining new followers, and strengthening the user base. Users can easily take advantage of emerging projects to earn free tokens. Many crypto projects or crypto exchanges often engage in airdrops to promote their coins and gain traction within the crypto community. The project/exchange asks crypto investors to help perform a specific set of tasks (such as sharing posts, signing up to the platform, etc.), and in exchange, users receive the project’s tokens. Just like the ongoing #LTC Halving countdown event that requires the participant to sign up and trade to win a share of $60k worth of $ the LTC prize pool.
Others include
Refer a friend to earn
Learn to earn
Play to earn and trade to earn.

in my opinion, the sign-up to earn or learn to earn seems flexible and affordable because users need little or no capital to participate in.
I love earning passively a lot especially when it has to do with getting tokens airdrops. $60k LTC prize is huge to earn from, would be participating in it for my own share if I'm deemed worthy of it.
 

Bash4j

Active member
Thanks for sharing this opportunity, I will definitely check it out. Although the flexible and user-oriented nature of exchange events coupled with their decent trading fees are why I'm into the $LTC
 

AaronTahan

New member
Passive income is indeed very good and anyone who wants to attain a level of financial stability should be able to improvise ways to begin earning passively. Passive income can be gotten from a number of sources and investments and below is an outline of such ways through which a person can begin passive earning.

✓ Buying long term shares
✓ Getting a roommate
✓ Renting your room
✓ Investing in stock market
✓ Investing in a business
✓ Renting your car or automobile
✓ Managing a business

These are some few ways that passive income can be generated.
Getting a roommate is a kind of passive income source most ideal for students who pay rent. Such a room mate can be able to cover up for some mortgages and also helps you in paying rent. You may pay $ 50 as rent but when you have a roommate, he or she will pay you part of the rent and you have more to spend and such was earned passively.
Thanks for the options listed! I have friends who own real estate and renting out brings a good passive income.
 

Bash4j

Active member
Thanks for the options listed! I have friends who own real estate and renting out brings a good passive income.
Wow. Amazing opportunity you got there.
The truth is that cryptocurrency is an extremely volatile asset. Investors need to understand that owning crypto involves taking on a great deal of risk in their portfolios. But for investors who understand how to manage risk, crypto could present great opportunities. Interestingly Top tier CEX are beginning to upgrade features to ease crypto beginners' experiences and boost their profit margin via AI related tech.
 

dukar

New member
he outlined ways to earn passive income are practical and varied, catering to different financial situations. Utilizing a roommate to cover expenses is a smart strategy for students or those with extra space. Diversifying income sources is essential for financial stability.
Passive income is indeed very good and anyone who wants to attain a level of financial stability should be able to improvise ways to begin earning passively. Passive income can be gotten from a number of sources and investments and below is an outline of such ways through which a person can begin passive earning.

✓ Buying long term shares
✓ Getting a roommate
✓ Renting your room
✓ Investing in stock market
✓ Investing in a business
✓ Renting your car or automobile
✓ Managing a business

These are some few ways that passive income can be generated.
Getting a roommate is a kind of passive income source most ideal for students who pay rent. Such a room mate can be able to cover up for some mortgages and also helps you in paying rent. You may pay $ 50 as rent but when you have a roommate, he or she will pay you part of the rent and you have more to spend and such was earned passively.
 

Bash4j

Active member
I must say I enjoyed your list and details steps to earn passively. A few of then might be helpful to me. I was only replying in a crypto-related content with available options.
 

MichelleAnt

New member
There are many opportunities to earn in crypto, buy cryptocurrencies for a long time, trade, and other platforms for earning. Although trading can hardly be called passive income, because this is what you need to understand first of all
 

Bash4j

Active member
There are many opportunities to earn in crypto, buy cryptocurrencies for a long time, trade, and other platforms for earning. Although trading can hardly be called passive income, because this is what you need to understand first of all
Sure mate. Aside of passive opportunities like staking, holding exchange native token for a long-time passive strategy might also allow investors keep a relatively stable portfolio over time, regardless of short-term fluctuations, example is the BGB which serves as a utility token within the Bitget ecosystem, offering a range of benefits to token holders. Users can enjoy discounted trading fees, access to exclusive events, participate in token sales, and potentially gain other privileges within the platform.
 

Joshdgeek

New member
Bro, earning passively in crypto is usually by staking your token.. but the yield on staking is usually super low for me.

I would have also recommended trading future stocks via binance or gift vouchers on Buysellvouchers, Paxful etc but it’s quite tricky to classify them as passive income opportunities
 
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