Post
Topic
Board Economics
Re: Crypto Passive Income - My Experience
by
Asuspawer09
on 27/06/2021, 20:51:12 UTC

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I do a lot of this passive income in the past years and I think it is a good passive income since you could earn an interest in holding different kinds of the token, but for me, it just wasn't that worth it in my experience and it's also a big risk since you are locking in investment in the website or wallet and its not decentralized meaning you could lose that money if they get hack or something.

For me, it just not the best investment to do since we have something a new concept like NFT's where a little similar, I mean it works for me, and NFT's is more profitable especially if you try blockchain games where is combine with defi where you need to stake and then receive a reward or just straight NFT's.

But still staking cryptocurrency is still great especially if you're aiming for long-term investment and if you invested at this like this where the market is just so low the potential profit in the future was big.