I have an idea for a website that will attract many visitors.
I will need to put a lot of effort to build it,
but then it will run (almost) by itself.
What will be the best way to convert it to some passive income?
Advertising? Affiliates? VIP registration?
How much should I expect to earn from it?
Smart passive income for me is when you go for trading so everyday you can earn more money. But before that you can learn more and be smart to used your bitcoins.
I think smart passive income is when you can buy something at lower price, you hold it for a long time, then now the price is up so high and you don't need to sell all the amount but you only need to sell a small amount to get your money back. this is happen with bitcoin and I am sure that people which buy bitcoin in 2010-2013 is really happy because in that time, they can buy a lot of bitcoin with small money and now, bitcoin price is up to $10k so they don't have to sell 1 bitcoin to get their money back.