Post
Topic
Board Bitcoin Discussion
Re: Passive income from Bitcoin?
by
LeaderAMB
on 20/04/2018, 15:03:02 UTC
As the title says, is passive earning from Bitcoin is possible nowadays. Let's face the facts mining is very much expensive for most of the users and I have encountered with many people who think they do not have any skill or do not want to learn any soon. There must be anyway by which you can make money by using most of your time by investing only once or by a little investment.
As far as my viewpoint, we can't generate passive income from Bitcoin. Definition of Passive income:
Passive income is income resulting from cash flow received on a regular basis, requiring minimal to no effort by the recipient to maintain it.
While if you are a trader then you have to spend a lot of time to research and inspect the market such as that you still have to hard work to generate income. If you are a miner beside you have to invest in initial capital, you also have to hard work to sure that all device is good performing.
Both cases showed that you have to work to generate income so it can't be Passive Income.