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.
Forget about passive income. Just stick most into a good coin...like bitcoin and let it marinate. Does the price go up and down yep, but in the long run price appreciation should be much better than returns from safe passive income. Notice I say safe, there are high risk high reward options out there but most of them lose your whole stack in the process.