Hey guys, The market is all acting up again. Probably because of US CPI data. And so bitcoin dropped to 59-57K again. Do ya'll think it'll go for 70k price target? Because I believe we won't be stuck on that price for so long.
Anyways, I believe some folks are looking for some passive income right now. It's not an uncommon thing to do, we'd earn by staking, giving liquidity in a dex and etc. but what can be a really good passive income?
So I am assuming that many investors are holding USDT due to market uncertainty. I believe we can stake USDT at any good staking platform. Platforms like Bitget offer attractive rates of up to 18% APR, while Binance provides a more modest 1.91%, so y'all know what's best.
To my knowledge, the most used passive income in crypto is holding and trading. I believe that there are so many investors that have only invested into Bitcoin, altcoins and memecoin, while there are other investors who are taking advantage of the market volatility and they are earning profit from trading. Those that can not risk trading on future market are just doing averaging. Although there are still many investors that love Staking but I don't think there population is higher than holders and traders. The risk of staking is that you don't have your asset under your control, if any happens to the platform you staked your asset, you might lose your money.