Post
Topic
Board Economics
Re: Crypto Passive Income - My Experience
by
livingfree
on 02/06/2021, 21:12:08 UTC
But I would be away from staking through exchanges, if it's possible to stake to a wallet, that will be my better choice.
I would definitely not stake on an exchange, even if they're one of the more reputable ones.  Not your keys, not your coins--you never know what kind of snag is going to prevent you from accessing your coins, and if they're on an exchange it's all out of your control.

As far as cloud mining goes, are there any such operations that aren't a scam?  It seems like nobody around here mentions cloud mining anymore, so I assume they've gone by the wayside.  And yeah, I'd stay far, far away from them.  There are much better, less risky ways of earning passive income.
Exactly. We don't own the keys there and despite being reputable, I would not trust them with my coins. And as for cloud mining, it seems that it's dying a gradually and I've noticed also the there's not that much talk about it anymore. I hope that the same thing will happen to crowdfunding that's being abused by scammers and the legitimate projects will remain.

Talking about sharing experience, I would like to share my experience about stacking tron. when the price of each tron was around 0.02 dollars I bough some trons and started staking on my tron wallet it was the first experience and I would earn ~2-3 dollars per day, if you also count rising of the price my passive income gone insane. Another, experience was holding some bitcoins on Binance earn and taking profits, while I was enjoying the bullrun I got some interest over my money. However, here I would like to note where are many scammers abusing people by promising them passive income or even doubling their money so I would suggest to avoid the projects giving you too much interest in short term and do your own research.
Looks like you've got a bunch of Tron on staked. How are you then right now and how much is the estimate you get to earn from it daily since we're in the bull run?