Quote from: rodskee on December 11, 2024, 07:47:52 AM

Quote from: seoincorporation on December 11, 2024, 03:30:14 AM

Some days ago i get my Nu card, it has a feature called boxes, you can freeze there your money to get a passive income, something between 12% and 14% each year.

And i was wondering if something like this exists with Bitcoin or the crypto world in general.

the most common way of earning in crypto is literally holding which allows you to earn money passively buying crypto is an investment that about anyone can do while bitcoin has now reached really high prices you can still buy smaller units of bitcoin depending on what you can afford, hold it, and let it grow over the years you can think of it as an interest rate same with other centralized banks or services except it's just the value of bitcoin that you are holding that is increasing and no one is issuing that interest rate for you

Well said, investing in Bitcoin not just any crypto out there is one good way to make passive income for a long time. The only problem these days is that many people want to live off of their passive income which I think is wrong. We have our monthly incomes and passive income, we are meant to spend on our expenses using the monthly income we get from our job, skill, or business. We keep our passive income saved or invested to serve long-term purposes which include buying a car, or house to mention a few.