Now that the markets is not too favourable to invest, why can you avail yourselves in earning some passive income.

Passive and semi-passive ways to earn income from crypto

When people think of making money from cryptocurrencies, they typically imagine someone manically day-trading or constantly buying into new ICOs. However, there are many other ways to earn income from cryptocurrencies that are not as active and do not require as much time. These methods range from semi-passive, which require a small amount of time, to fully passive, which require no time at all. Depending on your available capital and willingness to sign up for things, certain methods may be better suited to your current investment capability and/or personal preferences.

Passive methods:

STAKING....

When you look at the statistics, many cryptocurrencies are owned in majority by few entities, Bitcoin is no exception to this. A new report out recently by Finance Magnates actually highlights that overall, less than 1% of Bitcoin investors actually have the capacity to control over 35% of the network, therefore one could argue that Bitcoin really isn’t so decentralized after all.

Simple - ask yourself this one question: "If I had this money in cash, knowing what I know now, would I buy this coin over any other coin I could put my money on? " When you think about it, that is what you are choosing to do every day that you don't sell. If the answer is yes - well then you know what to do. But if the answer is no? Then why are you still in?

If governments could effectively stop a peer to peer network, they would’ve shut down the illegal practices of torrent websites over a decade ago. Trying to ban bitcoin or regulate it in a manner that allows actual oversight would be much the same. It’s impossible on a technical level.

Even tracking individual people who own specific wallets is difficult. While the public blockchain might allow governments or law enforcement to track down certain bitcoins, tying them to a real-world person is very difficult. An owner can hide his or her identity with a VPN, Tor, or even physically move a wallet into cold storage (offline) form, making it invisible to the world.

Technically, the ball is well within the bears' court, which has been the case since the supporting ascending trend line, breached on 22nd May. Bears are eyeing a retest of June 13th lows at $35.86, a break could be catastrophic, selling the price move potentially as low as the mid $20 region.

A common trend about ICO airdrops and bounties is that people don’t mind getting a portion of every new token that debuts on the crypto space. Anybody may think this is a wise thing to do, since the tokens are valued assets, and could rake in a lot of money for the holders of it when the prices hit high on the markets. But then, as sensible as this claim may be, it is also laden with high risks that could turn out catastrophic for the unsuspecting enthusiast.

Bitcoin does not have a centralized system that would be managed by one organization. Security control and, indirectly, the way the development of the currency is carried out by the participants - people who are engaged in "digging", launching Bitcoin software on their computers.

Bitcoin does not have a centralized system that would be managed by one organization. Security control and, indirectly, the way the development of the currency is carried out by the participants - people who are engaged in "digging", launching Bitcoin software on their computers.