For steady income anything with bitcoin is not possible i think. I suggest you find lower risk investment, such as 510% interested, and live off the interest. If you invest like $100k then it is $5,000-$10,000/ year. Bitcoin is risky. I dont think that bitcoin can provide you with steady income. It's always fluctuating.
Crypto can't be considered as steady income for everyone, and there is no investment place which offering over 5% for interest. The possible thing is about the ponzi investment and it's really bad.
I think I didnt make it clear there. My mistake. With less risky investment, I meant stocks or bonds. I consider bitcoin as a complete opposite of steady. As for now, bitcoin can never provide steady income.