I'm a staunch advocate for passive income.

I get a very good reward for trading the financial markets, but ultimately my greatest income source has been my passive holdings.

At the moment, I don't have too many passive holdings. I live in the US for now(really regretting that decision at the moment), although I am primarily of British origin. So there are some passive income generating investments I'm not allowed to touch.

However, crypto is open to everyone. And that's where I make most of my yearly income from anyway.

But although I make a sizeable income from crypto trading, I still make about 10% of my yearly income from crypto by not actively using my crypto.

I mostly stake, as well as lend.

I use the Trust wallet to stake, and the compound.finance dApp to lend.

The trust wallet is my go to to stake coins, because they surprisingly give higher interest rates than most of the services I've compared.

For instance, on Tezos, the coin I'm staking, Coinbase gives an approximate 5%APR, while Trust wallet gives an approximate 6.2%APR. That 1.2% difference might seem small, but over the course of a year, it can snowball as the interests also earn interests.

I started off staking Tezos September last year, and I spent a few thousand dollars on Tezos. I have decided to add $10 every month to my Tezos stake holdings, and will start taking my profits off in about 2-3 years.

My other passive income source: Lending.

Now I don't do that in person, mostly because it would be hard to check if someone is trustworthy or not. Remember, the name of the crypto game is to eliminate the trust from the equation. Proof ONLY.

That said, I use a service that uses smart contracts to ascertain that I do get paid.

The service I use is Compound.finance. I also use it within the trust wallet dApp browser. I'm currently lending out DAI, and the cash from Publish0x helps a lot. 

I started off early September last year lending out DAI, and I started with about $500. At 6%APR compounded every year, that's a small amount, but just like the Tezos account, I also add $10 every month to my DAI holdings. That plus my Publish0x additions really help my portfolio A LOT. I'd start seeing some reasonable profits on this account in about 3 years, but I'm willing to wait.

Anyway, those are my passive income streams. Remember, it starts off small, and then snowballs into something you can't handle. And I love that!

Thanks for reading!