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How to Generate Passive Income By Investing $1,000?
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[QUOTE="Mika, post: 241186, member: 29399"] If you want to build passive income sources by investing $1000, here are some ideas: Cryptocurrency: Cryptocurrency is a volatile market therefore, it is considered very risky. However, crypto is also a highly profitable investment. You can make a lot of money when the market is favorable. For instance, BTC is priced at around $38,400 at the moment. you can buy $1000 worth BTC. If BTC gains value and becomes $40,000 in 1-2 days, you might be able to easily make $50-$100 by actually doing the hard work. If you can hold for longer, you might even double your investment. However, I don't suggest you invest in BTC. In my opinion, the best coin to invest at the moment is AXS tokens. It is priced at around $43 at the moment, you can buy 23 AXS tokens. You can just wait for the tokens to increase the value because this is metaverse token and metaverse is going to explode soon. However, AXS also comes with a high staking reward. On Binance, you can earn 120 percent APY by staking AXS for a period of 90 days. This is the best way to earn from crypto. You can also try Matic it offers 21 percent APY> [/QUOTE]
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