Hey folks,
I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?
Appreciate any replies,
I realise that the simplest way to make a profit on crypto at the moment seems to be just buying and holding Bitcoin, but I'm curious if there are any coins or tokens designed specifically to generate ongoing passive income for holding them and if so, how they work?
Appreciate any replies,
yes i think there are some coins that rewards the people who hold their coins for a long period of time.. this is what they it proof of stake (POS) .. some coins i know is ARK and PIVS .. will good roadmaps and projects is okay to hold that two coins with the value keep increasing and when you hold it you have a rewards or passive income just like dividends or profit sharing in stocks. POS is not the same with Proof of work (POW) .. coins that is POW is the coins that is mineable just like bitcoin, litecoin, digibyte and plenty more. im not very knowledgeable about this. feel free to share some insights that you know to me. thanks
