Post
Topic
Board Altcoin Discussion
Re: How to invest 8k for passive income.
by
Bushdark
on 26/11/2023, 12:30:53 UTC
I have 8k worth of crypto how to invest

This amount to get 10 or 20$ per day safe methods

I tried future trading and lost

Is there any methods related to crypto or something else
And i dont want to invest in altcoins or buying

Providing liquidity in any lending protocol can manage you get good interest. I saw in AAVE their stable coin interest sometimes goes up to 12% which is pretty decent. Though this interest won't be stable, you will get it at around 5% most of the time. You can also provide liquidity in any early project that is trending in the market like BLUR. Its price goes up dramatically due to its potential airdrop from its L2 network BLAST. Its trading volume in dex also increased. Even some centralized exchange provide high APR for early project to lock up stablecoin or other major alts. This can be risky but if you can take calculated measure it can be profitable for you.
Their are many coins in the market op can invest in and make profits from them. Investing in cryptocurrency should not be difficult but we need to act smart so that we don't put our money on investment that would not be profitable for us. We should be expecting more altcoins in the market by the time the bull run commence. This will be the time when we are menst to know good and bad project team.
Spreading the fund to differ investment would be profitable than just leaving it on a single investment.