Post
Topic
Board Altcoin Discussion
Re: Crypto passive income - a bubble?
by
Hemady17
on 25/08/2020, 23:56:13 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?
Once you have been profited in your passive income, try to pull out gradually your capital. Save or either reinvest it to another such as business. Many people are saying that crypto is a bubble when they got rekt. Therefore, in order not to regret. Withdraw your funds when you think you should want to save it. So that, you will not blame the market when there is something to happen in your assets. Crypto is not a bubble, it makes a person millionaire.