Post
Topic
Board Economics
Re: Best way for steady income
by
AK47-
on 26/04/2017, 04:55:25 UTC
For steady income anything with bitcoin is not possible i think. I suggest you find lower risk investment, such as 5–10% 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.
Well, but steady income is only for investors with bigger capital, majority of us here are risk takers and we will gamble a small amount of money to grow it into a bigger amount. Also, I think big investors are seeing a potential to grow their money bigger compared to traditional form of investment, the more it is risky the more it is exciting for investors.
I agree but question here was for steady income. Thats why I answered in that way. I too take risk for better returns.