Post
Topic
Board Altcoin Discussion
Re: What is the most used option for crypto passive income right now?
by
VicManton
on 21/08/2024, 07:51:26 UTC
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.

Since the bear market in 2021, I have sought for an alternative way to make the most from the market without burning my account up again just as you have said, I used several safe ROI products instead of the very volatile one and just recently that India celebrated their independence, I have participated in the USDT staking event on Bitget as well, nothing too special, just that if folks can sit to calculate the difference in profits they make from those volatile trading and the APR they can get from saving maybe it will help provide a clear direction as to what to do next.