Passive Income

[Anonymous No.8860056]

What are some of the best ways to make passive income, /biz/ you seem like you might have some good Ideas.

[Anonymous No.8860077]

>>8860056
There is no such thing as passive income.

[Anonymous No.8860391]

>>8860056
Trading daily or swing, even buying so you can sell for more profit later, is equivalent of robing a store.

You can rob store once and you will live nice and comfy for a week or a month, even a year. But then you will have to rob again. And again after a while. And again.

What you ultamatly want to do is get into small companies that turn huge and pay dividens. Why small companies? Because stock/token price early vs late is huge difference and you can get alot more stocks/tokens early.

If you have 1 million and buy google or apple stock now, the dividens on that million is so small because of the amount of stocks you can get. But buying snapchat or twitter now (before they accualy start earning money) and you can make HUGE dividens once they explode.

See, its all about getting huge about of shares early and HODL that crap in good companies.

[Anonymous No.8860399]

>>8860056
Buy LINK, run node

[Anonymous No.8860405]

>>8860056
Let dudes fuck you in the ass while you’re asleep

[Anonymous No.8860429]

>drop $5,000 into COSS when is was $0.05
>have 100,000 COSS
>get $1,000 a week when the exchange's volume increases

[Anonymous No.8860454]

I have some apps that make $500/month (total) on the Play Store in ad revenue.

Trying to make more.

[Anonymous No.8860572]

get in on gvt and let pros handle it

[Anonymous No.8860809]

>>8860056
EOS airdrops

[Anonymous No.8860840]

Pimpin. It ain't easy, but if you keep them in line, you can have a nice income rolling in.

[Anonymous No.8860844]

Monkey Project (MONK), staking has been working pretty well for me.

[Anonymous No.8860857]

>>8860391
>implying snapchat and twitter will ever turn a profit
lmao

[Anonymous No.8860874]

>>8860454
What apps?

[Anonymous No.8860966]

>>8860874
consumer junk that's relatively easy to make. think of stuff in the personalization/entertainment category

[Anonymous No.8860981]

>>8860966
What do you use to code? How easy is it to just rip a stupid game off and charge 50 cents for it?

[Anonymous No.8860984]

>>8860056
exchange.weakdrugs.com

lockedin.io

Both of these sites provide huge dividends and are being actively developed.

[Anonymous No.8860985]

>>8860840

True dat, have to smack a bitch every once in a while.

[Anonymous No.8861156]

>>8860056
Real Estate

[Anonymous No.8861171]

>>8860056
ownership and renting to persons without accumulated capital to begin owning themselves.

[Anonymous No.8861228]

>>8860056
If you have money: Buy property and hire a property manager to manage it.

If you have skill and imagination: Write some utility applications and sell them on android/apple stores

Otherwise buy some cheap dividend cryptocurrency like COSS and pray the volume rises.

[Anonymous No.8861467]

>>8860077
this
based dubs anon tells truth. there is nothing passive in this world except death.
passive income is a yt guru meme and you have to be more of a brainlet than clink bag holders to believe it.

[Anonymous No.8861483]

[Anonymous No.8861495]

>>8860981
react native. it's not easy to code, major pain in ass. i don't rip games so i don't know how hard

[Anonymous No.8861499]

>>8860056
blue chip stocks with high dividends

vanguard ETF

real estate

[Anonymous No.8861510]

>>8861156
real estate is far from passive you absolute brainlet the only people who think that are people who don't own any much less make money off of it.
There are 2 ways to make money from realestate and that's sales and renting and both of them are very active occupations.

[Anonymous No.8861511]

>>8861483

[Anonymous No.8861514]

gitting gud

[Anonymous No.8861522]

>>8861467
this, unless you literally don't know you have it generating income, you are still going to worry about if it stops generating income or generates less income.

passive income is a meme.

[Anonymous No.8861523]

>>8861511
This one is barely paying for electricity but I let it run anyway

[Anonymous No.8861535]

>>8861523
This one is the cheapest entry level one (used 470s)

[Anonymous No.8861562]

>>8861535
Based 580s to dump on gaymerfaggots for msrp once they hit 1.8 years use (and they will call it a steal)

[Anonymous No.8861564]

>>8861511
How much are you bringing in monthly?

Are you holding on to your coins or selling?

Paying electricity out of pocket?

[Anonymous No.8861569]

>>8860056
You're welcome, anon. This is just simple graph reading, DYOR into the company for more reasons why this is one of the best passive income stocks

[Anonymous No.8861577]

>>8861562
560s I got for $80 each used. Pretty decent at cryptonight. Ofc I had to rice it up with some gay ass leds

[Anonymous No.8861581]

>>8861564
I mine and hold the coins and pay the electricity out of my pocket, I have a business though and can write off my electricity bill.

[Anonymous No.8861608]

>>8861564
Im holding but kind of regret it after the crash. Still going to keep holding. I cash out electricity and 10% monthly earnings to hedge some of the hardware

This one was a very good deal I got from a panic selling newfag

[Anonymous No.8861658]

>>8861608
This isnt mine but I helped set it up. Romania has cheap kw prices so we bought the cheap antminers for $400. R8 cable management

[Anonymous No.8861697]

>>8861608
I had some good luck buying hardware during this crash.

I bought 6 1070s on an octominer for 3,000

Great board by the way, I'm running HiveOS on it and have had no issues

[Anonymous No.8861702]

>>8861658
Also have some fresh cards, just waiting for the other parts. Fucking ram/13 card mbs are hard to find. I should probably stop dumping money in more cards by now

[Anonymous No.8861703]

>>8860429
This
But biz still thinks it's a meme coin

[Anonymous No.8861704]

>>8861495
You said pretty specifically Play Store but the main point of react native is for iOs too isn't it?

[Anonymous No.8861712]

>>8860391

>snapchat and twitter
>earning money

pick one

[Anonymous No.8861723]

>>8861697
3k full rig? Its an ok price, but definitely not a great deal. At least not here, 1070s go for $450 new

[Anonymous No.8861735]

>>8860056

Passive income requires significant initial capital to be truly passive. Even a meme niche website selling affiliate products needs to run a social media ad campaign during juicy seasons, install updates, maintain email lists, update links/content, and so on.

Once you have a few million, laddering CDs is truly passive income.

Buy one CD each month for a year with a 1yr expiration, and perpetually roll it over. This will make sure that money stays safe from inflation and nets you a little extra dosh once the first year is up. After year one, that money will continually return money every month until you stop the rollover. Reinvest the returns to compound growth.

You won't have access to that money until you end the deposit though, so it's more "passive wealth" than passive income.

The only true way to get passive income is to run an efficient business in which you're hands off from the day to day operations and only manage big events like major purchases or expansion.

Sadly there isn't really many ways to make money without doing anything.

If you can license a patent or SaaS, that's good. Sell books or get royalties from music/TV? That's good. Sell popular apps? Even better. Those will all require consistent maintenance though, whether it's support, supply chain, or debugging.

Focus on making more revenue streams before you worry about passive income.

[Anonymous No.8861748]

>>8861723
They are 500 on ebay here. So getting the board and plugging it in same day here puts me ahead probably $550

[Anonymous No.8861778]

>>8861735
Kek, started with a shitty ass 2k rig last year mining shitereum and have about 60k in hardware and 45k in various shitcoins I ocasionally use to buy more cards. (I try to keep it 50/50)
23 yo college dropout

[Anonymous No.8861783]

>>8861704
yes, but there are different guidelines for what's acceptable and technically possible on each platform. i just publish for android atm. it's still a better dev experience than doing it natively (imo) and if i need to wagecuck it is a good stack to know.

[Anonymous No.8861785]

>>8860056
mining on cryptoknight.cc

[Anonymous No.8861791]

>>8860857
twitter already turned a profit you fucking retard.

[Anonymous No.8861814]

>>8861783
Got it, makes sense bro. Was only asking as I've been looking into starting something similar, but flutter could be the better choice for me once it implements native apps

[Anonymous No.8861825]

If you cant find a way to make money while you sleep, you will never make it.

[Anonymous No.8861828]

I've got a method for truly passive income, but involves ad fraud and other dubious tricks.

[Anonymous No.8861832]

>>8861778
College is the biggest waste of time and money

[Anonymous No.8861850]

>>8861658
Bravo tie coaie

[Anonymous No.8861854]

>>8861748
Im patiently waiting for the new novidia cards to run a few tests. I can actually get them early so I can make an assessment on what their mining value will be.
If they turn out to be beasts, Im going to dump my whole stack on them and resell at a 30% premium. My guess is the 2080s ti will hash around 800 sols on equihash for $1000 msrp. If they hit something crazy like >1200sols, im in

[Anonymous No.8861864]

>>8861814
go with react native, it's already established, tons of people around so 80% of the shit you need is already on github. google doesn't maintain their projects

[Anonymous No.8861877]

>>8861864
what are you trying to make?

[Anonymous No.8861886]

>>8861864
> google doesn't maintain their projects.

The absolute state of frontend dev's and their ability to see beyond js.

[Anonymous No.8861901]

>>8860056

Literally too passive to make passive income...

[Anonymous No.8861918]

>>8861864
I'll have another look into it, thanks bro

[Anonymous No.8861961]

>>8861850
It was literally my savings. Im still poor from an american point of view, but I could actually buy a house and a car here

[Anonymous No.8862295]

>>8861961
Bine fra dar nu trebuie sa ma iei in eng
(are you actually not romanian and just living there or.. ?)
PS: Daca esti roman nu iti cumpara nimica aici ca nu ai nici un viitor. Pleci dracului oriunde dar nu sta in romania ca e praf

[Anonymous No.8862327]

im looking to make about 500 bucks for a flight before the summer

any tips that don't require too much long term investing?

[Anonymous No.8862399]

>>8862295
Im portuguese but I have some friends here. My romanian is still rusty, I can basically survive

[Anonymous No.8862475]

>>8860056
Let's face reality together. Get a job.

[Anonymous No.8862504]

>>8860391
>trading daily

Do you even know what "passive income" means?

[Anonymous No.8862557]

>>8862399
How alike is Portuguese to Romanian? Wondering as both your language have vulgar latin roots, with the whole crude K sound on C and so on. Is spanish/Italian easier to understand despite this?

[Anonymous No.8862579]

>>8861854
I think you are right. There is going to be a big jump.

I stopped buying AMD

[Anonymous No.8862683]

>>8860966
how do you find consumers? do you pay to advertise? where do you list your apps? how do you popularise?

[Anonymous No.8862685]

>>8862557
Romanian is a big mix kek.
Portuguese is closer to pure latin, like italian and spanish

[Anonymous No.8862851]

>>8861735
Would agree with this and add high yield dividend stocks as an option but
>requires significant initial capital

[Anonymous No.8863600]

>>8860429
>when
if

[Anonymous No.8863751]

Neo gas. What ever you do dont buy pos. They have been my worst perfoming coins. With the exception of bit bean

[Anonymous No.8863928]

>>8860056
I sell used VHS's that I get for free from places on ebay

[Anonymous No.8864333]

index funds

[Anonymous No.8864368]

>>8860056
Moria token.

Wait for it to hit the exchange. Watch is drop in price below the 1USD list price. Receive 20% dividends in ETH a quarter.

This only works if you actually have like 10k+ and assuming that ETH gets and stays above ~800

[Anonymous No.8865526]

mining rigs

[Anonymous No.8865540]

>>8860840
This

[Anonymous No.8866057]

Blue chip dividend stocks and bonds. just buy and hodl forever

[Anonymous No.8866605]

sell crack/heroin to politicians and uni students

[Anonymous No.8866622]

>>8865975
ICO pools like Pooltrade are about to explode

[Anonymous No.8866637]

>>8866622
how much would an ico pool group bring in on a monthly basis?

[Anonymous No.8866647]

>>8866637
I’m actually not sure but I’m sure the token itself will give you dividends based on each ICO invested in.

[Anonymous No.8866667]

>>8866647
the more that i think about it, the more I like it
amerimutts cant invest in a lot of icos but this will allow it, right?

[Anonymous No.8866687]

>>8866647
With the virtual tokens? Basically kek

[Anonymous No.8866696]

>>8861735
But muh /r/financialindependence
This is why I come to /biz/.

[Anonymous No.8866699]

>>8866687
oops meant to reply to
>>8866667

[Anonymous No.8866710]

>>8866687
sheeeiiitt is that legal?
>>8866699
no worries nigger

[Anonymous No.8866718]

>>8866710
I guess we’ll find out sooner or later but I’m pretty sure it’s legal somehow

[Anonymous No.8866731]

>>8860056
buy a linda coin masternode for 3k and get 96% return over a year.

[Anonymous No.8866748]

>>8860056
ETF's: REIT's, Preferred Shares, Bonds
Selling Options

[Anonymous No.8866797]

>>8866696
all financial subreddits are like "do nothing to enjoy ur life, eat beans and rice, retire by 33"

like why the fuck would i want to do that lol

[Anonymous No.8866808]

>>8860077
Dividends from shares is passive income

[Anonymous No.8866903]

>>8861577
idk anything about mining, but these just neat. even if it wasnt plugged in

[Anonymous No.8866908]

>>8862327
Try getting a job

[Anonymous No.8867261]

>>8863928
nice

[Anonymous No.8867318]

powh.net getting good passive eth here