Here are some of the best cryptocurrency passive income hodls and strategies. At the end i talk about top cryptocurrency to invest in 2018.
I will include a list of best altcoins to buy 2018 on steemit. This video will help you decide which cryptocurrency to buy in 2018 in the next bull run and they might become the next big crypto, who knows...!
top cryptocurrency to invest in 2018 under 1$
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At the end I will share with you some of the coins that you can pick up to start generating some passive income.
Number 1 - This is an obvious one. Mining! Im going too deep into this one as it is becoming harder and harder to profit from this due to high competition. Especially for the larger cryptocurrencies, such as bitcoin and ether, the initial investment is usually high and it can take pretty long to get your ROI. Back in the day this was insane, I remember mining Monero all the way in the beginning and being able to mine BTC on an old laptop, those were the days!
Now you’re looking at either buying a mining rig and being strategic about energy cost (not saying you should steal energy wink wink) or resort to cloud mining and mining pools. Mining smaller coins could turn out profitable, but you never know, they could decrease in value too and this change is pretty high.
Number 2 - Masternode
You can find more information about running a master node and which cryptos have master nodes using the link in the description (https://masternodes.pro/) But essentially you get paid by the network for having a master node.
Number 3 - Proof of stake or POS
You can stop staking and sell your holdings at any time. If you want to see a list of all the Pos Coins check out the link in the description (https://www.poslist.org/)
Number 4 - My favourite, Dividends
Some blockchains offer dividends to holders of their cryptocurrency. These cryptocurrencies have to be kept in specific wallets. Holders are paid dividends or gas in accordance with how many tokens they own, they are incentivised to keep their cryptocurrency instead of selling or trading them. This, obviously leads to greater price stability, which I think is really smart.
In order to receive these dividends you should hold the coins in specific wallets like I said, but some exchanges also offer this. Im going to get into that in a second.
Here are some of the Most recommended passive income coins
Neo coin 2018
You’ve heard me talk about NEO countless times, I’m extremely happy with NEO. All you have to do to get paid dividends for your Neo holdings is store some Neo in an official NEO wallet or on Binance which is linked in the description under my favourite exchange. Other exchanges keep the rewards for themselves, but not Binance, binance is awesome! Check them out!
Neo holders are rewarded with GAS, the token that fuels the platform. This means that there are transactions on the Neo blockchain, Gas will be in demand and thus will hold value. I have a link in the description that allows you to calculate the gas rewards for your Neo holdings. (https://neotogas.com/)
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
Matthew Timothy (Cryptoland) is not a registered broker, analyst, investment advisor or anything of that sort. Everything that we provide on this site is purely for guidance, informational and educational purposes. All information contained herein should be independently verified and confirmed. We do not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services. Please be aware of the risks involved with any trading done in any financial market. Do not trade with money that you cannot afford to lose. When in doubt, you should consult a qualified financial advisor before making any investment decisions.