Post
Topic
Board Altcoin Discussion
Re: Crypto passive income - a bubble?
by
Kelvinid
on 25/08/2020, 22:05:45 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?
It is all about finding where we become comfortable, some did it feel good staying in here but some didn't that is why they leave crypto space.

We could say that it is not a good idea considering crypto as a passive source of income, indeed it was right but we can deny also that some did it. Some spend the whole time in crypto, fully committed in trading, and risking their money buying expensive and powerful equipment for mining. They saw that there is a huge chance that they can make a profit from here and they've been tested many times that it brought them to decide and live crypto for the whole life.