Set & Forget Ways To Earn Passive BTC

Set & Forget Ways To Earn Passive BTC

By Sapphire | Sapphire Crypto | 10 Jun 2021


Passive Is Best

When prices drop, the best thing to do is to have passive mechanisms earning you BTC. There is something that many people seem to overlook when it comes to earning additional BTC and that is that this is not liveable or instantly meaningful income. This is a way to slowly grow your BTC stack over time. It can also be a way that requires only 5 minutes of your time to set up and will continue producing BTC for you in years to come. The most important aspect of this strategy to linger upon is the fact that these mechanisms continue to produce year after year. This makes the time required to setup one of these mechanisms a very valuable investment.

Most people will only look at what it produces within a day or month and consider it too small. That unfortunately is a rather foolish perspective. Look at it over a year or two and see your return for the 5 minutes of your time that you invested in order to gain this return.

Something I endeavour to bring home to readers is that Crypto investors need to be exhausting every single avenue in order to build a decent portfolio over time. DeFi, staking, lending, trading, futures trading, passive income mechanisms and even faucets for the smaller portfolios. If you embrace every opportunity for what it is and has to offer, you can proceed with realistic expectations and grow your portfolio over time.

Methods That Require A One Time Effort

There are free ways that you can setup a system that will continue to earn you small amounts of BTC indefinitely, while only needing to dedicate 5 minutes of your time. That is a one time 5 minute investment of your time that will continue paying you dividends forever. These model types offer a continuous BTC drip that can amass into large amounts over years, especially if you have a significant amount of them running in the background. One such app is sMiles, which requires you to have the Google Fit app downloaded on your phone. Data is extracted from Google Fit to the sMiles app and every step earns you free BTC. This is great if you are a very active person, or your job requires a lot of walking. Payments are done via the lightning network and minimum withdrawal is only 1000 sats.

Download, forget and withdraw from time to time. You will just need to open the app every 24 hours to keep it live. There is no maintenance or further time required on your part. The app simply records your steps and assigns satoshis to your balance in real time. You are welcome to make use of my invitation code PrintBTC783, in order to download sMiles.

36b6675c94cde66078ae7140f209d71c1495ce740e40702cd93ed9a37d1c6fce.png

CryptoTab is another one that I set up on an old laptop and allow to run in the background. I set the speed at half and have it running 24/7 in the background. Some people love CryptoTab, while others absolutely despise it. I find it a great passive earner, especially if you have an active network. Considering that it does not require any time, the fact that it almost single handedly pays for my car insurance every month is definitely worth it to me.

0894c9c35158b26a9ac7176ebc70b0c0d0c1770444ab54cb35c56f2e1a75ad56.jpg

Earning can be a tad volatile as it adjusts with the BTC price, as well as Monero because the browser extension is actually mining Monero and paying out in BTC.

Passive Generators That Require Investment

If you have idle Crypto lying around you may want to consider holding some in custodial platforms and wallets such as BlockFi and Celsius. BlockFi has a bit of a bank feeling to it, while Celsius feels more like a traditional wallet such as Trust or Coinomi. BlockFi has a referral program that will reward you with $10 of free BTC by joining via my invitation link. A minimum deposit of $100 is required in order to qualify and gives you more satoshis to stack and earn 5% APR in BTC. Interest can actually be set to be received in any of the available assets, such as ETH, LTC and USD.

e05eeb6a07c84fbf25201b5c89a8f88d5297c8ed4910709bb772e355ecfccd5a.jpg

Celsius also offer a 10% welcome gift if you sign up via my invitation link and deposit a minimum of $400. This is a fair amount higher than BlockFi but the great thing is that your gifted BTC is worth $40 and not $10. Depending on where you are along your journey, you can choose which will be more beneficial to you. Celsius actually has quite a large selection of assets to deposit and earn interest from and by choosing to receive your rewards in their native token you can increase your income. There are a lot of other platforms and apps that I make use of but they do require more significant capital and are somewhat riskier.

This should not be considered investment advice but merely informative. Please do your own research as you navigate your way through the Cryptoverse. 

 

5ca46610fb33ae26fcae71cd16c5d10de3ff75d2db4c6e995b06b333b14381eb.png

Earn Crypto By Using Presearch Browser

 

How do you rate this article?


419

15

Sapphire
Sapphire

Interesting views, news, opinions and all things Crypto. Independent and honest assessments of Crypto projects and earning opportunities within the space. Opinions are my own and not financial advice.


Sapphire Crypto
Sapphire Crypto

Interesting views, news, opinions and all things Crypto. Independent and honest assessments of Crypto projects and earning opportunities within the space. Opinions are my own and not financial advice.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.