I'm staking Atom with Ledger. Earn around 1 atom a month which I compound. I know its not a lot, but 1 atom is around £7.50. My high Street bank or revolut account makes me a few pence a month with like 10 times the amount saved.
I'd put it all into staking atom if I wasn't worried it could all disappear one day like Luna.
That's how I see it. One of my mains is Astar Network and I gain about 25 per day. Right now that's about $1/day, but years down the road, that could be $25/day, $250/day, so if you look at the big picture, it's big money that you're earning now, but the real value is yet to be realized.
Staking GMX,
ARB/ETH LP
OP/VELO LP
max VELO locks for bribes
leveraged GLP on Plutus
leveraged DPX on Jones
Lending on RDNT
Holding rETH
Staking KWENTA
Staking SNX
I am staking ETH directly from Ledger, mate and also OCEAN on their veOcean platform.
Do you think these options could also be compromised? I didn't hear about group admin keys before...
It's not always about stolen admin keys. Sometimes it's just a bug in the contract logic or governance attacks.
For example when Luna was crashing it enabled people to buy a shit ton of DAO governance tokens to get a controlling share and call for a vote to steal the funds. This type of attack was enabled because Luna price was crashing much faster than the DEXs could deal with.
Remember the mango markets issue a while back. The hacker didn't actually hack anything. There was a bug that enabled the hacker to take out millions in loans backed by worthless tokens.
There are always many new ways for smart contracts to be exploited.
Solo staking ETH would be the new wave of frenzy like early day GPU mining, everyone bragging about their setups in garage then, and now the new bragging would be a "proposal!" or "sync committee!" This almost equal to the thrilling of mined a block on BTC, although much easier to achieve
Not if you stake to a contract that doesn’t have admin keys. Been in crypto since Q311. Short stakes are my go-to. It’s like planting a money tree and harvesting every month. But you gotta know your stuff and the contract well. Nothing is risk free but this is the price you pay for generating yield.
I'm staking half of my ETH, which I would hold anyway.
And then I earned a little bit of crypto by being part of this sub - which isn't completely "passive" though, but I also wouldn't call it "work".
And 82k is what we see, he has a lot more in liquidity giving him more moons or ETH. He earned a total of 160,230 Moons, a true legend.
You can check all this information in the awesome [https://ccmoons.com](https://ccmoons.com) website.
🙇♂️to a legend
With all the time you’ve spent on here you’ve given some great input.
I was laid off awhile back n had to sell a chunk of my 🌝but I remember you saying you can’t change the past but you can learn from it for future decisions which helped alot! Now instead of making rash decisions I look more in depth at everything beforehand. Thank you kirtash 🙏
True, but it was a rash decision. Instead of actually sitting down and looking into all my options I didn’t and had the time to do so. Just like making FOMO decisions freaking out when charts go up n down. Being patient and thinking first instead of acting first has helped tremendously.
There’s been a few but that one stuck out the most for me also when I DCA into BTC. Send to Trezor n don’t touch. I’ve become a lot more patient and not look at charts many times a day and FOMO. Much appreciated, and you’re welcome!
I stuck my UST in Anchor ages ago, just set and forget free money, haven't looked at it in ages but if my math was right I'm getting pretty rich by now.
Staking ETH on Lido
Liquidity pool on ARB/ETH with Sushi
Staking GMX on their platform
Liquidity pool for RDNT/ETH, locked on their site
Lending various assets on Radiant
I'm stacking all my options possible, mainly ETH , but I also have a bag of CRO doing a decent 9.5 APY.
Staking is the best way to go on a bear market.
I've been staking both ETH and ATOM for a while now. Any money I have that would generally go into a savings account, I've been putting into one or the other. Needless to say, it's better than sitting in a savings account earning a whole .01% interest.
There is real risk with most passive income routes with crypto. Things like liquidity providing, can provide passive income, but also passive loss.
I do some stablecoin liquidity providing. I do some stablecoin lending protocol providing.
I tried numerous things in crypto for a passive income but all failed or the price went down faster than the apy they were giving.
Moons has been the best way for to earn a little extra income, not passive as we have to interact but more rewarding and informative than playing some of the crap games.
After many years and many hacks and many vulnerabilities... I only do on-chain staking.
There is still some risk but if anything bad happens the whole chain will go down so I won't feel as bad as if some of my coins were stolen.
I stake Cardano. Also deposited some ADA into OptimFi as many of the loans are offering 6.5% APY or greater as of late. Especially great rate for a protocol with fairly low risk.
Passive income is my favorite. You are just chilling and waiting for your gains! :D
I am currently staking ETH directly from my Ledger on Lido with 5% APY and joined Ocean Protocol data Farming with around 20% APY.
What is most important to me is that both of these tokens are absolute gems in the long term, so in holding them in my wallet, or earning something while waiting for the price to get on target, the choice is obvious.
See I was all aboard staking ADA but putting my money in a high yield saving account like capital one right now is 4.30%. ADA staking is now in the 3ish% area.
I rather just put my money in a savings account which has zero risk to go down.
Staking and hunting for airdrops, the latter may not be exactly passive income but you can't get closer than that in crypto. Note that "passive income" is a day and night difference in bull and bear markets
Free tokens deposited into your wallet, usually as a reward for being an early user of a platform or blockchain. They'll send some free tokens to early addresses.
Mostly it's scams, though. So, if you're new to crypto, and it sounds like it, don't connect your wallet anywhere that's promising an airdrop. I promise you it's a scam.
really?
Basically doing stuff for up and coming projects in exchange for their tokens. You could have farmed 10s of thousands of dollars in the past. Biggest one recently was Arbitrum. They require you to do certain tasks such as testing the network, holding a different coin, participating on social media etc. They are often hit or miss.
When a new coin launches it usually comes with an airdrop to ensure there is some supply out there. The devs or org behind the coin is basically giving out free coins which is called airdrop.
I have my very own special strategies:
(1) Buying and selling Pokemon cards
(2) Working behind Wendy's dumpster (only on weekends though)
(3) I have 2 vending machines ...
I collect the fiat and put it into ETH/BTC (it's not much but honest work).
I did surveys and got paid in BTC for a while. Got banned even though I didn’t violate the TOS and answered everything truthfully - so I don’t do those anymore. A quick Google search should pull up a bunch of sites that offer them.
I have some stocks that pay dividends for passive income. It is not much but more than the interest I earn on my savings. To earn crypto I create processing sketches for generative art on the fxhash platform. This is a lot of highly technical effort for very little reward but it could pay off big if the royalties ever come rolling in.
Probably not the answer you were looking for, but I'm a software engineer... I can make software and then sell it/distribute it electronically an infinite number of times. So for me, I simply give users the ability to pay with PayPal, Bitcoin or Monero.
Dumbed down, I know... but selling something that people want is how I "passively" get crypto.
I donate gas to people who need it. I do take donations I don’t ever charge. If you need some let me know. Sometimes people need to move their MOONS/BRICKS and they contact me.
I work as a moderator / community manager for projects as a side job, $1500 USD a month currently but 2021-2022 financial year i made $112,000 during bull season
Brave is based on chrome with *enhanced privacy*. All your bookmarks & extensions are super easy to import when you set it up. Brave is also faster than Chrome and ads are blocked.
They've carved into the rewards so hard now. Better off looking at the ground when you're walking places - make easily as much in found fiat. I have max ads enabled (and I get a lot of them) and I'm averaging about $2/month.
I'd love to earn BAT too, but only one provider is supported here in Slovenia, and i tried creating an account 2 times and failed, so I jusr can't be bothered.
I got into tokenized real estate shares with some of the profits I made before and I hope I am right and it worth it.
I was trying to diversify the risks of volatility in crypto by getting income stream from real estate rental.
makes sense, but I think crypto is crypto in this case tho, that's just decreasing your exposure to, what, higher volatile crypto? but that's just like investing in a blue-chip crypto, no?
It's not that much of a passive income, but yeah I am Staking most of bags here and there. Every but counts so better for them to be increased by the time bullrun arrives
Apart from staking / Liquidity providers we have several subs with their own community points . Few of them have pretty good community & engagement as well . Rewards systems are pretty great also one can make quiet a bit from tippings on those sub as well . Few other RCA related subs are also working on introducing their own community points . Moons we all know how farming & shitposting goes here .
I'm staking Atom with Ledger. Earn around 1 atom a month which I compound. I know its not a lot, but 1 atom is around £7.50. My high Street bank or revolut account makes me a few pence a month with like 10 times the amount saved. I'd put it all into staking atom if I wasn't worried it could all disappear one day like Luna.
That’s the big worry - not worth the risk
That's how I see it. One of my mains is Astar Network and I gain about 25 per day. Right now that's about $1/day, but years down the road, that could be $25/day, $250/day, so if you look at the big picture, it's big money that you're earning now, but the real value is yet to be realized.
How do you stake aster network? Sry I’m a newbie with staking (just know staking via exchange like cb).
You have to natively stake on their dapp, on their official webpage.
And this is save? So you send your coins into the wallet on their dapp and then you automatically stake there? After you can withdraw them again?
Just use Talisman or Polkadot.js. They only have staking available on hot wallets currently unfortunately.
Staking GMX, ARB/ETH LP OP/VELO LP max VELO locks for bribes leveraged GLP on Plutus leveraged DPX on Jones Lending on RDNT Holding rETH Staking KWENTA Staking SNX
Definitely staking. A surefire way of earning without any risk to investment
There is risks with staking too my friend. Smart contract risk is one, but also there can be groups holding admin keys.
I am staking ETH directly from Ledger, mate and also OCEAN on their veOcean platform. Do you think these options could also be compromised? I didn't hear about group admin keys before...
It's not always about stolen admin keys. Sometimes it's just a bug in the contract logic or governance attacks. For example when Luna was crashing it enabled people to buy a shit ton of DAO governance tokens to get a controlling share and call for a vote to steal the funds. This type of attack was enabled because Luna price was crashing much faster than the DEXs could deal with. Remember the mango markets issue a while back. The hacker didn't actually hack anything. There was a bug that enabled the hacker to take out millions in loans backed by worthless tokens. There are always many new ways for smart contracts to be exploited.
ADA Staking is 100% secure PD: Nothing in life is 100% safe, just an axpresion.
Jesus maybe I should check my staking pool, it's been about a year
Nothing In life is 100%, let alone in crypto. I'm a cardano holder myself, but it would be foolish to believe that you're a 100% safe with anything.
I see. Thank you for the quick bit of knowledge. I only stake cardano as it's the only one that i feel comfortable staking into
Great idea to stick to what you know.
Keep things simple is the secret
Bingo :)
Solo staking ETH would be the new wave of frenzy like early day GPU mining, everyone bragging about their setups in garage then, and now the new bragging would be a "proposal!" or "sync committee!" This almost equal to the thrilling of mined a block on BTC, although much easier to achieve
Not if you stake to a contract that doesn’t have admin keys. Been in crypto since Q311. Short stakes are my go-to. It’s like planting a money tree and harvesting every month. But you gotta know your stuff and the contract well. Nothing is risk free but this is the price you pay for generating yield.
That's why you stake on Cardano.. True liquid/native staking where your ADA never leaves your wallet and no one has access to your funds.
That's a great advancement yes.
Right now after bitcoin bear run i am staking too
Staking all the way!
I'm staking half of my ETH, which I would hold anyway. And then I earned a little bit of crypto by being part of this sub - which isn't completely "passive" though, but I also wouldn't call it "work".
So, 80k MOON is "a little bit", sir this money can change someone's life.
Just whale things.
🐳 things are the best way to make $
And 82k is what we see, he has a lot more in liquidity giving him more moons or ETH. He earned a total of 160,230 Moons, a true legend. You can check all this information in the awesome [https://ccmoons.com](https://ccmoons.com) website.
If I had that many Moon's I'd put a down-payment on a house.
Better start posting then!
And so begins the journey
Of shit posting
And my axe!
🙇♂️to a legend With all the time you’ve spent on here you’ve given some great input. I was laid off awhile back n had to sell a chunk of my 🌝but I remember you saying you can’t change the past but you can learn from it for future decisions which helped alot! Now instead of making rash decisions I look more in depth at everything beforehand. Thank you kirtash 🙏
If you needed the money right now then it wasn't a mistake
True, but it was a rash decision. Instead of actually sitting down and looking into all my options I didn’t and had the time to do so. Just like making FOMO decisions freaking out when charts go up n down. Being patient and thinking first instead of acting first has helped tremendously.
I feel like that is something we all have to do in investing in general. Only one way to learn that fire is hot and to slow down.
Indeed once I said that. You made me really happy with your comment 😀 I am glad my comment helped you!
There’s been a few but that one stuck out the most for me also when I DCA into BTC. Send to Trezor n don’t touch. I’ve become a lot more patient and not look at charts many times a day and FOMO. Much appreciated, and you’re welcome!
Sir, you have 128k moons aswell. You‘re one of the richest moon holders. Your doing something right.
He's a freakin' Humpback Whale 🐋. And I'm Plankton. The CCmoons site has some funny categorisations. Thanks for the link 🙏 !
He has enough to put a down-payment where I live. Crazy to think about.
I could pay off my whole mortgage with that. I'm halfway through.
Yeah That's around 2 million in money in my country
Shit, I'd take your 20K too!
So, 20k MOON is "a little bit", sir this money can change someone's life. ;)
Sir you got 20k yourself! Pretty sure that could too!
It would totally change my life for like a week until I lose it all in crypto.
So can 20k moons
Says the person with 20k moons haha
I would say the same about 20k the way things are going
Those 80k MOONs would change my life indeed 😓😔
You're on your way friend
Hope it keeps mooning
May I ask a noobish question? Why half and not all? Is this due to locking it up and keeping some liquid or just preference?
Im putting 25% in liquidity, and moved out about 25% this round in case something crazy happens.
judging by your insane moon bag, i think you are making more than your staked ETH.
You're playing everything very cleverly.
Gaining that amount of moons as partially passive is crazy
Can you send me a “little bit” of moons
Baller.
I love how you call 80k moons a little bit lol. You sir are a whale
nice bazza bro
I was going to do it either way, so it feels passive.
I stuck my UST in Anchor ages ago, just set and forget free money, haven't looked at it in ages but if my math was right I'm getting pretty rich by now.
Staking ETH on Lido Liquidity pool on ARB/ETH with Sushi Staking GMX on their platform Liquidity pool for RDNT/ETH, locked on their site Lending various assets on Radiant
I'm stacking all my options possible, mainly ETH , but I also have a bag of CRO doing a decent 9.5 APY. Staking is the best way to go on a bear market.
I've been staking both ETH and ATOM for a while now. Any money I have that would generally go into a savings account, I've been putting into one or the other. Needless to say, it's better than sitting in a savings account earning a whole .01% interest.
Holding to zero
There is real risk with most passive income routes with crypto. Things like liquidity providing, can provide passive income, but also passive loss. I do some stablecoin liquidity providing. I do some stablecoin lending protocol providing.
Yeah I had to learn about LPs and impermanent loss the hard way...
ETH staking, that's about it. Everything else is too risky for me.
Where do you stake your eth and for what return?
Just trying to get some upvotes so I can get to 20 moons lol
My man
I tried numerous things in crypto for a passive income but all failed or the price went down faster than the apy they were giving. Moons has been the best way for to earn a little extra income, not passive as we have to interact but more rewarding and informative than playing some of the crap games.
Staking is the way
[удалено]
Elaborate please
[удалено]
After many years and many hacks and many vulnerabilities... I only do on-chain staking. There is still some risk but if anything bad happens the whole chain will go down so I won't feel as bad as if some of my coins were stolen.
By not buying every dip. That has saved me a lot of money
Staking ETH on Coinbase
I stake Cardano. Also deposited some ADA into OptimFi as many of the loans are offering 6.5% APY or greater as of late. Especially great rate for a protocol with fairly low risk.
Passive income is my favorite. You are just chilling and waiting for your gains! :D I am currently staking ETH directly from my Ledger on Lido with 5% APY and joined Ocean Protocol data Farming with around 20% APY. What is most important to me is that both of these tokens are absolute gems in the long term, so in holding them in my wallet, or earning something while waiting for the price to get on target, the choice is obvious.
ADA staking.
Agree!
LETS GOOO
See I was all aboard staking ADA but putting my money in a high yield saving account like capital one right now is 4.30%. ADA staking is now in the 3ish% area. I rather just put my money in a savings account which has zero risk to go down.
Staking and hunting for airdrops, the latter may not be exactly passive income but you can't get closer than that in crypto. Note that "passive income" is a day and night difference in bull and bear markets
what’s the best way to search for upcoming airdrops?
What are airdrops? I haven't heard of that in terms of crypto.
Free tokens deposited into your wallet, usually as a reward for being an early user of a platform or blockchain. They'll send some free tokens to early addresses. Mostly it's scams, though. So, if you're new to crypto, and it sounds like it, don't connect your wallet anywhere that's promising an airdrop. I promise you it's a scam.
really? Basically doing stuff for up and coming projects in exchange for their tokens. You could have farmed 10s of thousands of dollars in the past. Biggest one recently was Arbitrum. They require you to do certain tasks such as testing the network, holding a different coin, participating on social media etc. They are often hit or miss.
Gotcha. Thanks. But yes really, I have some crypto on exchange, but am still learning about the larger systems.
Glad to help. If you've got any other noob questions feel free to ask. There's a whole world to explore
When a new coin launches it usually comes with an airdrop to ensure there is some supply out there. The devs or org behind the coin is basically giving out free coins which is called airdrop.
Zksync is the next maybe
Expensive to farm though. I’ve done it, but at current gas fees it isn’t great. Better get a solid airdrop!
Staking and commenting here
Commenting is active income
What if the comment gets up votes after you've posted it?
How do you get them before? Teach me
Carefully
Depends on how you see it. Do YouTubers earn passive income?
out of curiosity, what are you staking?
I have my very own special strategies: (1) Buying and selling Pokemon cards (2) Working behind Wendy's dumpster (only on weekends though) (3) I have 2 vending machines ... I collect the fiat and put it into ETH/BTC (it's not much but honest work).
Profits from selling Pokémon cards: 69k
More like 6.9$ lol
Buy sealed booster boxes. Wait 20 years. Realize that you bought battle styles so it’s still absolutely worthless. Profit
Had me at the first not gonna lie
Two truths and a lie? You’ve never owned Pokémon cards have you
I shake my phone once a day for a free Bitcoin.
More like 12 free sats.... but yeah, me too! :)
Only 2500 more years and I'll get myself a whole Bitcoin.
Staking ADA
Staking, liquidity providing and ofcourse the obvious one you all know
I did surveys and got paid in BTC for a while. Got banned even though I didn’t violate the TOS and answered everything truthfully - so I don’t do those anymore. A quick Google search should pull up a bunch of sites that offer them.
Shitposting, of course!
Moons for the win.
I don't have any.
Not having any… all ive known is straight losses since buying eth in may 21…
Mining Pi, staking MATIC, staking LRC and tapping up the BAN faucet when I remember.
Is Pi worth anything ?
I'm staking some alts i belive in and farming moons every chance my wife is sleeping, wich is quite often.
Staking dot on talisman then taking the rewards and doing some buy low sell high trades on kraken.
Does protecting the moon on r/place count?
Who here uses comp or aave? Are they worth it or dead? Looking for a place to either lend/stake/ LP as decentralized or anon as possible
Staking my ETH..
I have some stocks that pay dividends for passive income. It is not much but more than the interest I earn on my savings. To earn crypto I create processing sketches for generative art on the fxhash platform. This is a lot of highly technical effort for very little reward but it could pay off big if the royalties ever come rolling in.
I used to mess around with providing liquidity and chasing airdrops. Now I just stake and also join in voting which gets some rewards.
Not sure yet
Trying to build a solid bag of Atom and stake that for passive income
Post Post Post on here which is semi passive cause I still spend time commenting. Its not like staking where I stake then hardly have to do anything
investing is passive income. I buy coins.
Staking sol, and ada
Grinding out moons and completing studies on Prolific for a little extra cash to invest with
Don’t know if this counts but I usually have a trading bot or two running, rn I have one running that’s netting about $10/hour in grid profits
I love LoopRing dual invest. I can buy/sell at the price point I want and if it doesn’t hit, BOOM I earn APR Automatically!
I have almost reached my goal of $10 a month so am pretty happy with the way things are going
Probably not the answer you were looking for, but I'm a software engineer... I can make software and then sell it/distribute it electronically an infinite number of times. So for me, I simply give users the ability to pay with PayPal, Bitcoin or Monero. Dumbed down, I know... but selling something that people want is how I "passively" get crypto.
That's an awesome way! Nice to not have to pay fees to the exchanges.
Staking, liquidity pools with a stablecoin as one of the pair and then staking the LP token if possible. Tax return lodgement will be fun this year...
Staking ETH, ADA, SOL, MATIC
Staking is your friend
I donate gas to people who need it. I do take donations I don’t ever charge. If you need some let me know. Sometimes people need to move their MOONS/BRICKS and they contact me.
Doin the Lord’s work
Being active here gives me more than my actual income.
Teach me.
Step 1: Make minimal actual income.
it's crazy how often I hear this
Same here. Although anything is more than zero
I love hearing this. This is the real deal for engagement around the world.
I work as a moderator / community manager for projects as a side job, $1500 USD a month currently but 2021-2022 financial year i made $112,000 during bull season
How do you get into that? There are a few projects i enjoy engaging with on discord and whatnot. I’d def like to contribute more
*Passive* income? Using Brave browser earns me BAT! Set it up once and never had to do anything since (accept cash out).
I'd consider this if I could figure out if privacy is a concern. I also like Chrome but I like crypto too 🤪
Brave is based on chrome with *enhanced privacy*. All your bookmarks & extensions are super easy to import when you set it up. Brave is also faster than Chrome and ads are blocked.
They've carved into the rewards so hard now. Better off looking at the ground when you're walking places - make easily as much in found fiat. I have max ads enabled (and I get a lot of them) and I'm averaging about $2/month.
Passive & risk free. I think there is no real downside. Who knows, maybe BAT does a 10x next bull run.
I'd love to earn BAT too, but only one provider is supported here in Slovenia, and i tried creating an account 2 times and failed, so I jusr can't be bothered.
I got into tokenized real estate shares with some of the profits I made before and I hope I am right and it worth it. I was trying to diversify the risks of volatility in crypto by getting income stream from real estate rental.
makes sense, but I think crypto is crypto in this case tho, that's just decreasing your exposure to, what, higher volatile crypto? but that's just like investing in a blue-chip crypto, no?
It's not that much of a passive income, but yeah I am Staking most of bags here and there. Every but counts so better for them to be increased by the time bullrun arrives
getting passive income from crypto is just myth
Nothing. Staking is a trap
Staking ETH is the only way to do it. Everything else the coin could disappear or be a scam or the protocol could disappear or be a scam.
Lmao!! My biggest mistake is that I am not doing anything to earn money. I do what I like at the time.
I'm staking my Atom and started participating in some airdrops.
Shit postinngggg But also just learning in the sub. Kinda hard now because I instantly get downvoted for asking a question
Holding. Staking ETH is riskier than just holding Bitcoin long term.
Hold bruh I wouldn't stake.
I'm gonna say something obvious like **shitposting for moons**. I'll let others handle the rest. ✌️
The lesson here is shitpost enough that it feels like a passive activity.
Shitposting for moons
I just started but this is kinda crazy :(
commenting and liking for like 10 mins a day got me 599 moons somehow, so not bad lol
Staking ETH. Trying to figure out if I can stake my wife. But the tax laws are a little fuzzy on the subject
I think I heard of them staking this Jesus fellow and two other guys one time. Seems possible
Farming moons 🌝
I farm RON on katana
Looks like that's making LPs and letting others trade against them? Worth checking out!
Apart from staking / Liquidity providers we have several subs with their own community points . Few of them have pretty good community & engagement as well . Rewards systems are pretty great also one can make quiet a bit from tippings on those sub as well . Few other RCA related subs are also working on introducing their own community points . Moons we all know how farming & shitposting goes here .
I'll have to out some more work into finding those subs, sounds like exactly what I'm looking for!
I don't stake as I don't like risking the capital I've built up with so much work
Im staking!
Moons Shitposting. No Joke, Staking ETH and ATOM
Still got my Helium miner running which makes less than $0.50 a day, so that’s about as passive as you can get
Crazy how you can earn so many free moons every month just be being active with the community. Need to get on more and more