Post
Topic
Board Altcoin Discussion
Re: Crypto passive income - a bubble?
by
tsaroz
on 26/08/2020, 09:03:31 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?

Most of the so called cloud mining are just scams. Staking coins too won't be able to promise the same price for the investors as it really depends on how useful the coin is or how much they can manipulate it and how long.
For anyone to give us a profit, they need to generate more profit from our money. Trading is a good way of making money that's why exchanges can provide us with interest, similar are the case with legit lending platforms and Defis.