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.
I don't think you can make big profits in staking now a days. The competition is getting higher and the profits are getting lower. Infact you can make bigger profits in trading but one needs to be good at that. A good trader can make more money in scalping then staking.