What are some of the best ways to earn passive income right now? I was thinking about staking $CAKE, just staking it and not using liquidity farms. But not sure how profitable that would be, compared to some other methods. I have a 5000$ capital.
You can use $ 5k for short-term trading, at least $ 100 you can get every day. But if you do staking, you also have to see if the daily income is in accordance with the capital we spend, if not, then leave that way.
So you are claiming that it is very easy to make $100 per day by short-term trading? I would love to make a bet with you and see how you consistently make $100 per day for a 30 day period. It also depends on the capital you have available of course, but I would even be ok with you to just finish every single day with black numbers. There is no guaranteed income anywhere and the worst method you can try to achieve consistent and guaranteed income is definitely short-term trading.