Is it possible to earn passive income with BTC?

3 answers

• Dec 16, 2021 · 3 years ago
  Yes, it is possible to earn passive income with BTC. One way to do this is by investing in Bitcoin and holding onto it for a long period of time. As the value of Bitcoin increases over time, you can sell it at a higher price and make a profit. This requires patience and a long-term investment strategy.
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• Dec 16, 2021 · 3 years ago
  Absolutely! Investing in Bitcoin can be a great way to earn passive income. By buying and holding onto Bitcoin, you can benefit from its price appreciation over time. However, it's important to note that Bitcoin is a volatile asset and its value can fluctuate. It's always a good idea to do thorough research and consult with a financial advisor before making any investment decisions.
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• Dec 16, 2021 · 3 years ago
  Sure, you can earn passive income with BTC. One popular method is staking, where you hold a certain amount of Bitcoin in a wallet and earn rewards for validating transactions on the blockchain. This requires a minimum amount of Bitcoin and a compatible wallet. Some exchanges, like BYDFi, also offer staking services for their users.
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