Quote from: goldcoinminer on November 01, 2016, 06:01:34 AM

Quote from: ethereumhunter on November 01, 2016, 03:31:29 AM

Quote from: Xenophoto on October 28, 2016, 11:47:14 AM

Quote from: ChronoLite on October 28, 2016, 11:07:48 AM

Quote from: techgeek on October 28, 2016, 10:57:21 AM

Quote from: Fatanut on October 28, 2016, 08:41:22 AM

I think those people that are looking for passive income are those people that are too lazy to work in real life. That's why there's a lot of victims of ponzi and cloud mining sites. The ones that are targeted the most are the newbies who are totally unaware of this bogus. I do not have a passive income for I believe that hard work is the only way that we're going to be successful one day.

Well there are those who are simply lazy, but there are also those who work cleverly.

It's a skill most of us don't have, and I really envy those who can make money work for them and not the other way around.

Passive income isn't for lazy person , this could be a hard job but promising if you're success to manage it (like referring peoples) . I've seen lot of successful person become rich with this method (and this isn't HYIP or Ponzi it just makes you broken).

I'm pretty sure that you're talking about MLM (Multi-level marketing). It would appear that there's a lot of people who have become successful because of MLM simply for the reason that they post on social media sites every single thing that they possess. The members of MLM that have failed on their journey simply shut up. Only those people that are on the top of the pyramid makes money in MLM. MLM is also called 'networking' in most places.

yes and its true that many people have sad by joining the wrong MLM and this is not the way to get passive income for life. i think for getting passive income is trying to what we can, step by step, although its just giving an info to many people with small fee like using affiliate programs.

but if you have much of budget the you can think to build the company and you can open the office, choose one or two person to manage the business you build, the rest you can have your free time to go to many places.

That's their fault in the first place because they got greedy for money, instead of doing it slowly they want to have it fast and they too the shortcut by falling on the MLM that has a return that is too good to be true. Once in my life I was invited about that program but I am a wise person so I did not fall for the trap. I'd rather do it slow and invest on proven legitimate investment.

Passive income is an money which is usually taxable a form of income generated through a business which taxable in any form like your jobs salary or particularly your own business earned money and registered to government which will be covered to government taxation law. Unlike bitcoin this should not be taxable because its an online form of monetary value which is digital currency.