Ok Jow Forums, I want to find good crypto in which I can invest today and get passive income in future from staking while keeping my stack. The goal is to have at least $8k per month. Hope u guys will give me some suggestions. I've already considered the following options :
- Ethereum: Pros: -low risk, there is a little probability that in the future price of Ethereum will be lower than it is today; Cons: -we don't know exactly when PoS will be launched -low early ROI - around 5%. If I run my own node of 32 ETH, and if price of ETH hits 10k in the next bull run(which is optimistic), I will only have around $1300 per month. That's not bad but far from my goal. To have $8k per month, I'll need 6 nodes of Ethereum, but I don't have that much money atm to buy almost 200 ETH.
-ATOM: Pros: -risk is still low -project is developing so there's a high chance that the price will grow in the future not only in dollars, but in satoshis too. Cons : -reward is still low - around 7% per year. Even if my stack once becomes worth $1M, I'll only have around 5800 per month. -coins can be slashed if delegated to wrong validator.
Dash : Cons: I don't have $150k to create my own Masternode. So there is no need to count pros.
Semux: Pros: -High Roi - around 38% yearly - it's low cap and cheap, $0.14 per coin while total supply will only be 32M of coins. - there is no minimum amount of coins to start staking - totally unique codebase - inflation will drop soon by 1/3 so price should increase Cons : - It's almost unknown and developers dont do any marketing, so once it can become abandoned - Price has dropped significantly last month - inflation will drop by 1/3 soon, so ROI gonna be lower.
Linda aka Metrix Pros : - High ROI - around 44% - low cap - so there's where to grow - Big community - no minimum amount of coins required to start staking Cons : - U have to pay them $10 per month via fucking PayPal to stake - staking is done on their servers,so I dont keep my private keys. Discuss.
I was staking PIVX and their wallet just straight up forked on its own. I checked their reddit and twitter and a ton of people had the same issues. Took a couple days to fix it and they say it shouldnt happen with their latest version of the wallet but it was annoying.
Anthony Stewart
>No mention of xsn despise the fact they are actually giving tech knowledge welfare to dash and its the only staking platform with unique characteristics on top of being an insanely low cap
Seriously dude, do your homework
Justin Young
>ill ONLY have 1000s of dollars a month for doing effectively nothing
even before taking anything else into account the degree to which this seems detached from reality is enough to convince me staking will always be a complete meme and no one will be making this kind of free money
I haven't done any research about it, but I heard it's kind of dead coin because it's devs don't know in what direction to move in future. How will it reach 30 bucks? Also roi is quite low atm, better than ATOM's or ETH's, but I need a ton of these coins to have $8k/month even if it hits $30.
Isaac Fisher
bitcoin interest (bci) pros: free if you had btc at the time of the fork cons: low volume, low cap, only trade at bitfinex, shit price.
Nicholas Clark
> XSN Never heard about it, redpill me. C'mon dude, I'm accumulating 32 ETH anyway but I only mentioned that their node gives less than $8k. Principle of low risk - low reward works in crypto too.
Evan Morales
Crypto is too volatile for passive income. Take your crypto gains and put it in something like p2p lending where you get 11% interest backed by real estate as security.
Pls tell me more, I'll write down ur ref code and use it if I decide to invest there in return. Btw I guess now it's not the best time to put money into real estate, because a big recession is coming, much bigger than in 2008 or even 1929. This is one of the reasons why I'm so confident about crypto.
