Post
Topic
Board Altcoin Discussion
Re: How can i earn a passive income with Altcoins?
by
cabron
on 03/07/2022, 18:10:09 UTC
The easy and safe thing we do for earnings with altcoins is to use it for staking, even though the market is still red but I can earning from staking in some top exchanges and dex exchanges, besides that if we focus on the long term then use altcoins for staking is the thing better.
Yes, staking is one thing we can do in times of market conditions like this to keep making a profit,
but then again not everyone can do that and they also need to consider,
Top altcoins like Ethereum, BNB, or Matic I think it's worth buying and suitable for long term investment
Staking should only be done to really good top altcoins that have a good future ahead. Not just any stake able altcoin in the market fall under this category so I believe we should careful in choosing what coin for staking.

Matic will be good, its cheap and staking MATIC is also available even on binance itself.
If unsure, he could also be using the stablecoin staking,  this I think is good to do in bear market unless he picks a project like Luna. Stablecoin staking is less risky than altcoin staking and all he needs to make sure is that his coins stays in his custody, I'm not sure if there is something like this however.

Maybe to some platforms. I have not tried doing it on WAVES exchange but what I stake in waves.exchange are WAVES token.