Saturday, April 23, 2022

GOODBYE BITCOIN; SHIBA INU

 

SHIBA INU COULD BE THE NEXT ‘CRYPTO GOLD’! GOODBYE BITCOIN

Shiba Inu

The most prestigious status of ‘crypto gold’ can be snatched away by Shiba Inu from Bitcoin.

Although Bitcoin and Ethereum account for a sizable portion of this nominal increase in crypto market value over the past two years, its highfliers like Shiba Inu ( SHIB 0.12% ) have really drawn retail interest into the digital currency arena. This brings in the question of whether Shiba Inu can be the next ‘Crypto Gold’.

             

 link


The Rise of Shiba Inu

In a typical year, the top-performing publicly listed stock that isn’t a microcap is probably going to gain 2,000%, or perhaps a bit more. Last year, Shiba Inu delivered what may go down as the single greatest one-year gain we’ll ever see from an investable asset. The self-proclaimed ‘Dogecoin-killer’ has proven itself to be of much more importance, despite harsh criticism and negative investor analysis. The Shiba Inu coin produced massive profits in 2021 and astonished the crypto market with skyrocketing profits. The most obvious reason SHIB was unstoppable in 2021, was due to its increased visibility. As the token rose the ranks in popularity and market capitalization, so did its market liquidity and investor community. Shiba Inu celebrated its growing community in 2021 as it crossed 1 million. In fact, it became the most-searched cryptocurrency in 2021, overtaking Bitcoin and some other major cryptocurrencies. The launch of decentralized exchange ShibaSwap in July also helped its cause.

 

Google Search Shows ‘Lack of Interest’ in Bitcoin

Currently, it seems that the demand for Bitcoin from retail investors has declined in the past several months, at least according to data from Google Trends. The number of queries on the world’s largest search engine typically shows the behavior of smaller investors, which tend to arrive at the scene amid the most substantial bull runs. This was the case back in late 2017 when BTC spiked to its then-ATH at roughly $20,000.

 

The Silver Lining to the Current Drop

Shiba Inu has dropped 4% in price over the last week, however top analysts from FXStreet suggest a further drop will open up a unique opportunity to buy the dip. The price of Shiba Inu is currently at $0.00002555 according to CoinMarketCap. Shiba Inu’s relative strength index (RSI) has fallen below 50, indicating that investors are pulling out momentarily. Analysts have suggested this is because the new earnings quarter has kicked in in the United States. A fall in Shiba Inu could likely see $SHIB prices fall towards $0.000022 – a 12% loss. This however would create an opportunity for investors to buy the dip before prices rebound once more. Shiba Inu enjoyed incredible breakouts last year, and a new listing on Robinhood will open the door for millions of dollars to pour into Shiba Inu once it can make back recent losses.

9 best sites that pay in LiteCoin

 

9 best sites that pay in LiteCoin

Let me be clear, the platforms I will be including in this guide aren’t the only sites that offer LiteCoin as a reward. They are instead platforms that are really worth joining, in my opinion, since these platforms offer decent earning potential.

I will keep updating this list so make sure to bookmark this page and check back from time to time for new opportunities.

#1 – Timebucks

timebucks logo

Available in: Worldwide
Other payout methods: Bitcoin, Bank transfer, Payeer, AirTM, Skrill
Payout threshold:  $10
More information: Read full Timebucks review

Short summary:
Timebucks is a GPT site with many different ways to earn and you can always find tasks here no matter the country you live in.

You can earn by taking surveys, doing social media tasks, watching videos, watching online slideshows, clicking ads, and more.

Once you have earned $10, you can withdraw your earnings as Litecoin or choose between one of the many other payout methods Timebucks offers.

Join Timebucks

#2 – Idle-Empire



                            
 

idle empire logo

Available in: Worldwide
Other payout methods: PayPal, gift cards, Bitcoin, Ethereum, gaming platform currency
Payout threshold:  $0.1 for cryptocurrency, $3 for PayPal
More information: Read full Idle-Empire review

Short summary:
One of the best ways to earn free LiteCoin is to join Idle-Empire. This GPT site has evolved from a GPT site only for gamers to a truly versatile GPT site that anyone can join.

To earn from Idle-Empire, you just have to answer surveys, complete offers, watch videos, and invite other people to join the site. You then have various options to withdraw your earnings. You can withdraw it via PayPal, or convert it to gift cards, gaming platform currency, or cryptocurrency.

If you choose to withdraw your earnings via PayPal, you will need to earn $3 first. For Litecoin and other cryptocurrencies, the threshold will be a lot lower ($0.1). So, it’s really fast to earn enough to get paid in cryptocurrency.  And the good thing about this site is, it is available globally.

Join Idle-Empire

#3 – Freecash

freecash logo

Available in: More or less worldwide
Other payout methods: PayPal, gift cards, Bitcoin, Ethereum, in-game items
Payout threshold:  $0.10 for cryptocurrency, $5 for other rewards
More information: Read full Freecash review            

                              


                                                                           

Short summary:
Freecash started the same way as Idle-Empire. It was initially designed for gamers but has since evolved so that anyone can benefit from it. This GPT site will allow you to earn by answering surveys, completing offers, and inviting other people to join the site.

When you want to cash out, there are several options to choose from. You can, of course, convert your earnings to cryptocurrency (LiteCoin, Bitcoin, Ethereum), as well as gift cards. You can also convert your earnings to cash via PayPal.

The threshold for cryptocurrency rewards will only be $0.10, while for the other payment options, it will be $5. Freecash is also available more or less worldwide, so you can register as a member regardless of where you live.

Join Freecash

#4 – Cointiply

cointiply logo

Available in: Worldwide
Other payout methods: Bitcoin, DOGE, DASH
Payout threshold:  $3
More information: Read full Cointiply review

Short summary:
Cointiply is one of the best sites to join if you want to earn popular cryptocurrencies for free (including LiteCoin). And since it is a GPT site, you can expect to earn in several ways. To earn rewards, you can answer surveys, play games, complete paid offers, click ads, roll for free points, watch videos, and a lot more.

Cointiply is specialized in cryptocurrency and this is the only reward it offers. And the threshold you need to reach to withdraw your earnings will actually depend on the cryptocurrency you want to withdraw.

For example, if you want to redeem DASH, DOGE, or LiteCoin, you will need to earn $3. But if you want to withdraw Bitcoin, you will need to earn $5. You can expect to receive the payment within 24 to 72 hours, which is actually a decent turnaround, in my opinion. And, it is available worldwide, so registration won’t be a problem.

Join Cointiply

#5 – Latium

latium logo

Available in: Worldwide
Other payout methods: Other cryptocurrencies, PayPal
Payout threshold:  $5
More information: Read full Latium review

Short summary:
Latium is a kind of freelance platform where you can find many different types of jobs. You can find small fast tasks as downloading apps, signing up for websites, and more, but you can also find bigger freelancing tasks where you can earn by writing, developing websites, marketing, design, and much more.

Many of the bigger tasks give really high pay so if you have the skills to do some of these, Latium can be a great way to earn Litecoin and other cryptocurrencies.

Some of the jobs will pay directly in Litecoin while others pay in other cryptos or USD. But Latium also has an exchange sp you can convert your earnings into the currency you want.

Join Latium

#6 – Bizdustry

bizdustry logo

Available in: Worldwide
Other payout methods: PayPal
Payout threshold:  $5
More information: Read full Bizdustry review

Short summary:
Bizdustry isn’t one of the most well-known GPT sites around but it isn’t a bad one. You can earn decent money from it by posting on forums, completing offers, and inviting other people to join the site.

Aside from your LiteCoin wallet, you can also withdraw your earnings via PayPal once you’ve earned at least $5. Earning from forum posting can, however, take a bit of time. So, if you aren’t prepared to invest some time on this site, then you are better off joining other sites.

It is available globally, so you won’t have a hard time registering as a member.

Join Bizdustry

#7 – PicoWorkers

picoworkers logo

Available in: Worldwide
Other payout methods: PayPal, Ethereum
Payout threshold:  $5
More information: Read full PicoWorkers review

Short summary:
PicoWorkers is a bit different from the other sites on this list. It is a micro jobs site that will allow you to earn rewards by doing simple jobs like visiting sites, signing up as a member of sites, reading articles, and a lot more.

It has a low payout threshold of $5 and once you reach it, you can then withdraw your earnings via PayPal or Ethereum (aside from LiteCoin, of course). And it is available globally and offers many options in all countries.

It can serve as a decent secondary site to earn from to boost your LiteCoin earnings.

Join PicoWorkers

#8 – Prediqt

prediqt logo

Available in: Available in many countries
Other payout methods: PayPal, gift cards, Bitcoin, Ethereum
Payout threshold:  $10 for gift cards, $5 for PayPal and Bitcoin, $1 for LiteCoin and Ethereum
More information: Read full Prediqt review

Short summary:
Prediqt is a cool GPT app where you can earn rewards by completing offers from their offerwalls, answering surveys, watching videos, and collecting idle rewards. You can even avail of cashback offers if you like to shop online.

Apart from LiteCoin, you can also get paid in Bitcoin or Ethereum. Or, you can choose to earn cash instead and withdraw via PayPal. And like most GPT sites and apps, you also have the option to redeem various gift cards.

The threshold for PayPal and Bitcoin withdrawal will be $5, while for gift card redemptions, you will need to earn at least $10. For LiteCoin and Ethereum, the threshold will be a lot lower ($1). Prediqt is not available globally but it is available in many countries. Just check your app store to see if you can download it.

Join Prediqt

#9 – Gain.gg

Let me be clear, the platforms I will be including in this guide aren’t the only sites that offer LiteCoin as a reward. They are instead platforms that are really worth joining, in my opinion, since these platforms offer decent earning potential.

I will keep updating this list so make sure to bookmark this page and check back from time to time for new opportunities.

#1 – Timebucks

timebucks logo

Available in: Worldwide
Other payout methods: Bitcoin, Bank transfer, Payeer, AirTM, Skrill
Payout threshold:  $10
More information: Read full Timebucks review

Short summary:
Timebucks is a GPT site with many different ways to earn and you can always find tasks here no matter the country you live in.

You can earn by taking surveys, doing social media tasks, watching videos, watching online slideshows, clicking ads, and more.

Once you have earned $10, you can withdraw your earnings as Litecoin or choose between one of the many other payout methods Timebucks offers.

Join Timebucks

#2 – Idle-Empire

idle empire logo

Available in: Worldwide
Other payout methods: PayPal, gift cards, Bitcoin, Ethereum, gaming platform currency
Payout threshold:  $0.1 for cryptocurrency, $3 for PayPal
More information: Read full Idle-Empire review

Short summary:
One of the best ways to earn free LiteCoin is to join Idle-Empire. This GPT site has evolved from a GPT site only for gamers to a truly versatile GPT site that anyone can join.

To earn from Idle-Empire, you just have to answer surveys, complete offers, watch videos, and invite other people to join the site. You then have various options to withdraw your earnings. You can withdraw it via PayPal, or convert it to gift cards, gaming platform currency, or cryptocurrency.

If you choose to withdraw your earnings via PayPal, you will need to earn $3 first. For Litecoin and other cryptocurrencies, the threshold will be a lot lower ($0.1). So, it’s really fast to earn enough to get paid in cryptocurrency.  And the good thing about this site is, it is available globally.

Join Idle-Empire

#3 – Freecash

freecash logo

Available in: More or less worldwide
Other payout methods: PayPal, gift cards, Bitcoin, Ethereum, in-game items
Payout threshold:  $0.10 for cryptocurrency, $5 for other rewards
More information: Read full Freecash review

Short summary:
Freecash started the same way as Idle-Empire. It was initially designed for gamers but has since evolved so that anyone can benefit from it. This GPT site will allow you to earn by answering surveys, completing offers, and inviting other people to join the site.

When you want to cash out, there are several options to choose from. You can, of course, convert your earnings to cryptocurrency (LiteCoin, Bitcoin, Ethereum), as well as gift cards. You can also convert your earnings to cash via PayPal.

The threshold for cryptocurrency rewards will only be $0.10, while for the other payment options, it will be $5. Freecash is also available more or less worldwide, so you can register as a member regardless of where you live.

Join Freecash

#4 – Cointiply

cointiply logo

Available in: Worldwide
Other payout methods: Bitcoin, DOGE, DASH
Payout threshold:  $3
More information: Read full Cointiply review

Short summary:
Cointiply is one of the best sites to join if you want to earn popular cryptocurrencies for free (including LiteCoin). And since it is a GPT site, you can expect to earn in several ways. To earn rewards, you can answer surveys, play games, complete paid offers, click ads, roll for free points, watch videos, and a lot more.

Cointiply is specialized in cryptocurrency and this is the only reward it offers. And the threshold you need to reach to withdraw your earnings will actually depend on the cryptocurrency you want to withdraw.

For example, if you want to redeem DASH, DOGE, or LiteCoin, you will need to earn $3. But if you want to withdraw Bitcoin, you will need to earn $5. You can expect to receive the payment within 24 to 72 hours, which is actually a decent turnaround, in my opinion. And, it is available worldwide, so registration won’t be a problem.

Join Cointiply

#5 – Latium

latium logo

Available in: Worldwide
Other payout methods: Other cryptocurrencies, PayPal
Payout threshold:  $5
More information: Read full Latium review

Short summary:
Latium is a kind of freelance platform where you can find many different types of jobs. You can find small fast tasks as downloading apps, signing up for websites, and more, but you can also find bigger freelancing tasks where you can earn by writing, developing websites, marketing, design, and much more.

Many of the bigger tasks give really high pay so if you have the skills to do some of these, Latium can be a great way to earn Litecoin and other cryptocurrencies.

Some of the jobs will pay directly in Litecoin while others pay in other cryptos or USD. But Latium also has an exchange sp you can convert your earnings into the currency you want.

Join Latium

#6 – Bizdustry

bizdustry logo

Available in: Worldwide
Other payout methods: PayPal
Payout threshold:  $5
More information: Read full Bizdustry review

Short summary:
Bizdustry isn’t one of the most well-known GPT sites around but it isn’t a bad one. You can earn decent money from it by posting on forums, completing offers, and inviting other people to join the site.

Aside from your LiteCoin wallet, you can also withdraw your earnings via PayPal once you’ve earned at least $5. Earning from forum posting can, however, take a bit of time. So, if you aren’t prepared to invest some time on this site, then you are better off joining other sites.

It is available globally, so you won’t have a hard time registering as a member.

Join Bizdustry

#7 – PicoWorkers

picoworkers logo

Available in: Worldwide
Other payout methods: PayPal, Ethereum
Payout threshold:  $5
More information: Read full PicoWorkers review

Short summary:
PicoWorkers is a bit different from the other sites on this list. It is a micro jobs site that will allow you to earn rewards by doing simple jobs like visiting sites, signing up as a member of sites, reading articles, and a lot more.

It has a low payout threshold of $5 and once you reach it, you can then withdraw your earnings via PayPal or Ethereum (aside from LiteCoin, of course). And it is available globally and offers many options in all countries.

It can serve as a decent secondary site to earn from to boost your LiteCoin earnings.

Join PicoWorkers

#8 – Prediqt

prediqt logo

Available in: Available in many countries
Other payout methods: PayPal, gift cards, Bitcoin, Ethereum
Payout threshold:  $10 for gift cards, $5 for PayPal and Bitcoin, $1 for LiteCoin and Ethereum
More information: Read full Prediqt review

Short summary:
Prediqt is a cool GPT app where you can earn rewards by completing offers from their offerwalls, answering surveys, watching videos, and collecting idle rewards. You can even avail of cashback offers if you like to shop online.

Apart from LiteCoin, you can also get paid in Bitcoin or Ethereum. Or, you can choose to earn cash instead and withdraw via PayPal. And like most GPT sites and apps, you also have the option to redeem various gift cards.

The threshold for PayPal and Bitcoin withdrawal will be $5, while for gift card redemptions, you will need to earn at least $10. For LiteCoin and Ethereum, the threshold will be a lot lower ($1). Prediqt is not available globally but it is available in many countries. Just check your app store to see if you can download it.

Join Prediqt

#9 – Gain.gg

gain gg logo

Available in: More or less worldwide
Other payout methods: Bitcoin, Ethereum, CS:GO codes and skins
Payout threshold:  $0.2 for the first cashout and $0.01 for the succeeding cashouts
More information: Read full Gain.gg review

Short summary:
Gain.gg can be a great option simply for the reason that you can redeem rewards quickly because of its very low payout threshold.

To earn rewards from this site, you can complete offers, watch videos, answer surveys, and invite other people to join the site. Once you’ve earned enough rewards, you can withdraw your earnings via your Bitcoin, Ethereum, or LiteCoin wallet.

For the first cashout, you will need to earn 200 coins, which is worth $0.2. But for the next succeeding withdrawals, you’ll just need to earn $0.01 to cash out. It has a very low payout threshold and it is available more or less worldwide, but you need to be a bit more patient with this site since it doesn’t pay that well compared to the other platforms on this list.

Join Gain.gg

So that about wraps up my guide on the best ways to earn LiteCoin for free. And as I’ve mentioned at the beginning of this guide, all the sites mentioned above are legit and free to join. You just need to invest a bit of time and some effort to earn a decent amount.

As recommended, if you want to maximize your earnings, you should join around 5 to 7 sites/apps to get access to the most opportunities so you can earn more. I will regularly be updating this list if I find more sites and apps that are worth joining, so remember to bookmark this page and come back to it from time to time.

If you have any comments, questions, or have any experiences with sites that pay you in LiteCoin that you think belong on this list, I would love to hear from you in a comment below.Available in: More or less worldwide
Other payout methods: Bitcoin, Ethereum, CS:GO codes and skins
Payout threshold:  $0.2 for the first cashout and $0.01 for the succeeding cashouts
More information: Read full Gain.gg review

Short summary:
Gain.gg can be a great option simply for the reason that you can redeem rewards quickly because of its very low payout threshold.

To earn rewards from this site, you can complete offers, watch videos, answer surveys, and invite other people to join the site. Once you’ve earned enough rewards, you can withdraw your earnings via your Bitcoin, Ethereum, or LiteCoin wallet.

For the first cashout, you will need to earn 200 coins, which is worth $0.2. But for the next succeeding withdrawals, you’ll just need to earn $0.01 to cash out. It has a very low payout threshold and it is available more or less worldwide, but you need to be a bit more patient with this site since it doesn’t pay that well compared to the other platforms on this list.

Join Gain.gg

So that about wraps up my guide on the best ways to earn LiteCoin for free. And as I’ve mentioned at the beginning of this guide, all the sites mentioned above are legit and free to join. You just need to invest a bit of time and some effort to earn a decent amount.

As recommended, if you want to maximize your earnings, you should join around 5 to 7 sites/apps to get access to the most opportunities so you can earn more. I will regularly be updating this list if I find more sites and apps that are worth joining, so remember to bookmark this page and come back to it from time to time.

If you have any comments, questions, or have any experiences with sites that pay you in LiteCoin that you think belong on this list, I would love to hear from you in a comment below.

Saturday, April 9, 2022

Crypto earning

 

Ways You Can Earn Passive Income With Crypto

Many of the potential ways to earn passive income with crypto involve lending and borrowing. Other methods, including running a node, mining, or staking coins, are more technical.

Here are eleven ways to earn passive income with different types of crypto.

1. Proof-of-Stake (PoS) Staking





                                                         


Proof-of-stake is a consensus method used in blockchain technology that serves as an alternative to Bitcoin’s proof-of-work. PoS networks agree on which transactions are valid through a process that involves nodes locking up or “staking” large amounts of tokens for a time. Crypto staking replaces the role of mining.

Instead of “miners” receiving new block rewards as in PoW, “validators” receive new block rewards in PoS. Validators do not need expensive computer hardware, but they do need to have sufficient tokens to have a chance at adding the next block to the chain. Many networks require an initial investment before allowing staking.

Some popular types of cryptocurrency available to stake on large exchanges include Cosmos (ATOM), Tezos (XTZ), and Cardano (ADA).

2. Interest-Bearing Digital Asset Accounts

A number of service providers allow users to deposit their crypto and earn a yield on it, as they might with a savings account. This has become an attractive product for investors because traditional cash savings accounts yields have fallen so low in recent years.

To use such simply open an account and deposit their crypto or stablecoin. There might be a “lockup period” involved, where users can’t access their funds for a fixed amount of time.

In exchange for the deposit, users earn interest on crypto. Stablecoins like U.S. Dollar Coin (USDC) and Dai (DAI) often have the best interest rates. BlockFi, Celsius, and Vauld are a few popular companies offering these types of accounts.

3. Lending

There are several ways that investors can lend out crypto. In all cases, the idea is to loan crypto to someone else for a time in exchange for a fee. The amount earned will depend on three things:

•   The total value of crypto being lent

•   The duration of the loan

•   The interest rate

Higher rates, longer loans, and larger loans can lead to more income from the interest paid by borrowers. In some cases, those earning crypto passive income in this way get to choose the terms of the loans they create. In others, a third party negotiates the terms ahead of time.

Margin Lending

Margin lending is lending crypto to traders who want to trade using leverage from borrowed funds. This allows traders to amplify their positions with those assets and repay the loans with interest. Crypto exchanges handle most of the details on your behalf in this case. Users only need to make their digital assets available.

Centralized Lending

Centralized lending involves relying on the lending infrastructure and terms set by a third party. In this case, the interest rates and lock up periods will be fixed ahead of time. Users must deposit their crypto to the lending platform before earning interest.

Decentralized Lending

Also known as DeFi lending, this option involves using lending services directly through the blockchain. There are no intermediaries, and lenders and borrowers interact through smart contracts that automate interest rates.

Peer-to-Peer Lending

Platforms that enable peer-to-peer lending make it possible for people to borrow from each other directly. Users have to first deposit their crypto into the lending platform’s custodial wallet. Then they can set the interest rate, terms of the loan, and decide how much they’d like to lend. This gives users some control over the crypto lending process.

4. Cloud Mining

Mining proof-of-work cryptocurrencies requires substantial investment in computing hardware along with the necessary technical knowledge. Cloud mining contracts offer an alternative.

Instead of setting up a new mining rig, people can simply “rent” hashing power from an established operation. In exchange for a fixed sum of money, people can buy cloud mining contracts that entitle them to a certain hash rate for a certain period of time. The contract owner receives new coins in proportion to the size of their contract.

Warning: Many cloud mining scams exist. Those interested in cloud mining would do well to do as much research as possible and make sure the company offering the contract is legitimate.

5. Dividend-Earning Tokens

Tokenized stocks are cryptocurrencies backed by shares of equity in a company. Sometimes these tokens offer dividend payouts in the same manner that shareholders receive dividends. Dividends are usually paid on a quarterly basis.

6. Yield Farming

The term “yield farming” became popular in 2020 and 2021 with the rise of decentralized exchanges, which rely on smart contracts and liquidity provided by investors.

To yield farm, investors deposit tokens into a special smart contract called a liquidity pool. Those who provide liquidity in this way receive a portion of the fees generated through traders accessing the pool.

Yield farming is one of the more complex options listed here and will require a lot of additional research for those interested. But it can also be one of the most lucrative options available to make passive income with crypto.

Yield farming often requires some Ethereum (ETH) along with a DeFi token of some kind like Uniswap (UNI) or Pancake Swap (CAKE) or possibly a stablecoin like Tether (USDT).

7. Running a Lightning Node

The Bitcoin Lightning network is a layer-2 scaling solution that allows for lightning-fast affordable micropayments at scale. The nation of El Salvador, which has made Bitcoin legal tender, uses Lightning for its Bitcoin transactions, for example. Lightning nodes facilitate these transactions. Those who run nodes receive a small portion of each transaction fee that gets routed through their node.

Running a Lightning node generates very little income. Because fees are so low, those who run a node might only make a few dollars per month in Bitcoin, or less. Some users report earning as much as $25 in one month, though (this also depends on the price of BTC versus a user’s local fiat currency).

This method doesn’t generate that much Bitcoin passive income. Most participants do it to support the use of Bitcoin as a medium of exchange. And as the Lightning network grows and more transactions get routed through it, the income for node operators will presumably rise as well.

8. Affiliate Programs

Affiliate programs exist for many different business models, one of them being crypto-related products and services. Some exchanges offer affiliate programs, for example.

To participate, users simply have to:

•   Sign up, submit an application, or share an affiliate link

•   Introduce a platform or product to their friends, family, or social media followers

•   Get paid each time someone takes a certain action, like signing up for an account on a given exchange

For example, at the time of publishing Coinbase offers a small Bitcoin incentive to those who get a new user to sign up for an account through their affiliate link. Affiliate programs might not be the fastest way to generate passive income with crypto, but they could be one of the easiest.

9. Master Nodes

Some blockchain networks, like DASH, contain a specific type of node referred to as “master nodes.” Those who run these nodes can receive large payouts.

This won’t be available to the average person, however, as running a master node often requires holding a significant sum of the network’s cryptocurrency. To run a DASH masternode costs 1,000 DASH, or about $130,000 at today’s prices.

Masternodes receive a portion of the block rewards each time a new block is mined.

10. Forks and Airdrops

Forks happen when an existing coin branches off into a new chain. Airdrops happen when new coins are created and “dropped” onto users as a reward for one reason or another.

Recommended: Different Types of Crypto Airdrops and How to Find Them

Users don’t have any control over when these events might occur. But being active in the crypto ecosystem increases the odds.

In 2017, for example, everyone who held Bitcoin (BTC) received an equivalent amount of Bitcoin Cash (BCH) when the network hard forked. Someone who had 1 BTC, for example, would have received 1 BCH.

In 2021, users of the KeepKey hardware wallet (among other groups) received an airdrop of FOX tokens from the company that runs the ShapeShift platform. Those who had logged into ShapeShift during a certain time period automatically received the tokens in their crypto wallets.

11. Sun Exchange

Sun Exchange is a South Africa-based company that crowdsources funding for solar power projects. Customers can purchase solar cells used for community projects in South Africa and receive a regular payout once the projects begin producing solar power.

Customers can pay for solar cells in either fiat currency or Bitcoin, and can also receive their payouts in fiat or Bitcoin. This method of generating passive income with crypto differs from the others in that there’s a tangible investment. While the other options are financial products, Sun Exchange allows people to invest directly in renewable energy projects built in South Africa.

The returns from solar projects are typically small, paid out monthly, and spread out over many years. Over time, the returns could add up to much more than the initial investment.

GOODBYE BITCOIN; SHIBA INU

  SHIBA INU COULD BE THE NEXT ‘CRYPTO GOLD’! GOODBYE BITCOIN The most prestigious status of ‘crypto gold’ can be snatched away by Shiba Inu ...