The current world situation has left many people without jobs and income. The global pandemic covid-19 has left many people searching for new ways to make money to support themselves and their families.
I have a keen interest in passive earning. People are trying to work and earn from home as much as possible, so there are many ways to earn a passive income online. There are a few that require a start-up investment that will not be returned to you, so that's not for me. There is cold call work and building a team of people. You earn from their investments- this is also not for me as we all know that these have to fall off somewhere and someone will not gain anything and lose their investment- I couldn't sleep at night thinking I had made money from another person's loss.
I have tried the Defi craze but found this to be very dangerous as often projects would do the now-famous "Rug Pull" and all your crypto is gone.
The most common ways to make money that require very little or no work are investment opportunities. So this is where I spent my time researching. Most banks offer investment opportunities to their customers this is in the form of a savings account - the ones I looked in to were 12-month deposit account this had the highest rate of interest available was 0.90% and then there was another option of accessing your money at any time, the rate of interest paid on this was 0.01%.
With this is a minimal rate of return, so I decided to investigate some other crypto projects to see what they had to offer. I have a few different masternodes from different projects to help in my passive income streams. I am always looking for new methods or earnings.
So I decided to do some further research and discovered HODL Coin Offering from Sinovate, the reason why I like this is the interest in the coins is quite substantial when compared with local banks. I like the idea of getting a fixed amount back over the 12 months similar to a bank but better, here is an example of the ROI between Sinovate and a leading bank.
$105 for 75K SIN coins $15.86 Profit
$105 @ 0.90% = $0.94 Profit
The other big plus is that the coins are locked in safely for 12 months. Another positive attribute is that you have full control of your coins in your crypto wallet.
There are a few rules that you need to follow:
There are 3 options, three months, six months, and 12 months.
The max deposit is 75k SIN per address +
There is no cancellation of locked coins.
The user must wait until the maturity of the chosen lock period.
The campaign lasts for 75 days.
I feel that this is a great option for anyone that is looking to build up their position in SINOVATE without any danger of loosing their coins. As the coins are always in your wallet.
Check them out also on Twitter: https://twitter.com/SinovateChainhttps://twitter.com/home
Any comments just let me know on here or on Twitter also: https://twitter.com/masternode_man
