Post
Topic
Board Economics
Re: Earning Passive Income of BTC without reducing the amount too much?
by
MakeMoneyBtc
on 17/11/2017, 14:11:42 UTC
How can we use btc and live of this growing asset? I dont like the idea of using some of that BTC to live. Just like real estate, you buy it, it continues to appreciate in value in general but you also get rental income.

Bitcoin does not do that, all it can do is just go up in value but how can you live of it? Would it be to buy rental properly with it, let THAT go up in value and then take rental income while your other stash of BTC grows?

What is a likely idea here to earn passive income of BTC without reducing the BTC holdings?
Investing in bitcoin is not the same thing with investing in a business. Bitcoin is like real money, for example with you dollars you can buy EURO and wait for the price to go up. I think it is pretty much the same thing because in both case you have 1 "asset" and you wait for the price to go up.

I dont think right now you can earn passive income directly with Bitcoin because there are no business that accept bitcoin. Aldo you cannot buy properties with bitcoin. Best thing to do is exchanging your bitcoin into real money, then looking for real, legal business that can grow your money.