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Passive Income: How To Make $100 Per Day With Cryptocurrency



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Here are several investing strategies that you can use to make Passive Income with Cryptocurrency in 2022 - Enjoy! Add me on Instagram: GPStephan

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1. INTEREST BEARING ACCOUNT
Just like you could go to the bank, deposit your money, and earn a lovely…half a percent interest rate…you can deposit your cryptocurrency throughout several exchanges and earn a pre-set return depending on the amount you hold, and the return is actually pretty good.

2. STAKING
Since there’s no central authority overseeing each transaction, there needs to be a checks-and-balances in place to make sure everything is working as it should - and, as a way for no one person to have control over the entire system - users can “stake” their coins and receive a reward, without the computing power to solve complex problems.

By doing this, transactions are “validated” from users who deposit their cryptocurrency on the network - and, in a way, the amount you stake translates into a “vote” on the blockchain. When the majority of votes all move in the same direction, the transaction is confirmed, and those who stake their coins make more money.

3. LENDING
Under this business model, you’re able to lend your cryptocurrency to someone else - who agrees to pay you back, with interest, for a set period of time. But, unlike other “unsecured” loans, where the borrower has nothing to risk if they don’t pay it back…besides their credit score…cryptocurrency lending is sometimes BACKED by the borrowers own cryptocurrency, so in the event they fall behind - you still get all, or some of your money back. The RISK, however…is that leverage and borrowing only works…until it doesn’t…and, in the event of a market crash…things could go south, pretty quickly.

4. LIQUIDITY POOLS
At any given point, there are an unequal number of buyers and sellers willing to trade or exchange their cryptocurrency for another cryptocurrenc. So, as a solution: A LIQUIDITY POOL IS BORN. This allows investors to buy, sell, or exchange different pairings of cryptocurrency - at any day, at any time, on a moments notice, no matter what the price is, without sitting around waiting for a buyer or seller.

However, the DOWNSIDE is that - by becoming a liquidity provider - there’s the chance of a term called “Impermanent Loss,” where you have less money investing in a liquidity pool, than you WOULD’VE HAD, if you just held on to the underlying cryptocurrency and done nothing.

5. NFT's
Some websites offer a protocol where NFT owners can lend their NFT’s to someone else for a set period of time and price, with the assurance that - after that timeframe - they get their asset back.

So, overall…in terms of my own thoughts…personally, I think these strategies are worth exploring….but, for most people….simply staking, or holding your cryptocurrency within an interest-bearing account would be the easiest approach while maximizing the amount of work and risk involved.

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*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. Public Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/
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Cryptocurrencies
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