Post
Topic
Board Altcoin Discussion
Re: Crypto passive income - a bubble?
by
ADLANE33
on 24/08/2020, 03:51:15 UTC
I see that more and more investors are interested in a passive income that comes from cryptocurrencies. But, I am a little bit afraid that all these concepts: staking, crypto lending, and all form of income that is generated from nothing will end up sooner or later. When you compare mining, you have to buy mining rigs at first, then you need to pay electricity, so you spent a lot of money to mine a Bitcoin and that makes it valuable. What about staking? What you sacrifice to receive new coins?
Yeah, it feels like most of "passive" crypto income is kind of grey. Bunch of stocks can grant you passive income with dividends so you don't have to worry about profits.
But crypto has no clear way to do this - staking, mining, bounties thats all require sort of effort so its not so passive after all