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.
there are two ways to get passive income at this time, that is you can staking altcoin that you have (although only a few altcoin can staking) or you can earn to play (like playing Axie Infinity), because the income from Axie Infinity is also quite large (although of course at this time the capital is also very large to play Axie Infinity), but of course I prefer staking, because the risk is smaller than if you choose "play to earn".