What is the best way to make passive income?
No cryptocurrency
>>2833832
Get diagnosed with an incurable mental disorder
NEETbux forever
>>2833832
Sell stuff you don't need anyway.
Ad revenue
Attention is money nowadays
>>2833850
this
also start a business building wordpress sites for people, or do social media marketing, or dropship. I do all three and its paying for my living expenses at college and cryptocurrency habit.
Here's what I do, mid-term investment.
Look for when things are going badly in global politics, like the US election. When Trump won, Mexican currency and share prices crashed, so I bought lots of Mexican shares, knowing Trump wasn't actually going to do anything to Mexico. A couple of months later people realised this and the price went back up and I made 40%.
Did the same thing with Russian oil a couple years ago. When the oil price collapsed I bought Russia oil shares since I knew that oil price would go back up eventually. It took a bit longer than I expected, but I held on and eventually it did go back up a lot (not to original level, but that doesn't matter since I bought so low) and I made like 20% profit
>>2833907
How is that different than buying shitcoins low and selling high
>>2833907
>Politics
After lurking biz I regret not buying £ when brexit happened
>>2833907
wow bro are you warren biffit?
>>2833926
Less volatile and you actually have a good idea of what will happen. With crypto no one actually understands it so nothing is certain
>>2833942
>No one actually understands
I fucking do I research the hell out of this stuff almost 24/7.
Speak for yourself and stop projecting.
>>2833832
grow weed
>>2833926
There is a reliable and guaranteed market for currency and commodities, where as there is not for crypto.
That is one thing the crypto market doesn't have is guaranteed securities exchanges. If you are holding 10,000 GayCoins and the market completely crashes, you can't even sell your GayCoins for the few cents they are now worth if there are no buyers. That isn't how stocks work, though.
Sell your cryptocurrency. Buy an apartment building at a low cap rate, leveraged with as much mortgage as you can bear (get that credit score up). Rent it out. Profit.
selling drugs lmao
>>2833832
cryptocurrency
>>2833832
Buy solar panels
Sell electricity
>>2833879
any guides on dropshipping?
I think i get the basic concept but i just cant imagine there being money in it