Is there a way to earn interest and passive income with cryptocurrency? Decentralized Financing (DEFI), Cryptocurrency Exchanges, and Dividends all offer the potential for passive income streams using cryptocurrency. But there are several lesser known ways to earn passive income that you should know about also.
I am very conservative with my approach to cryptocurrency and finances in general. I believe there is a big future for cryptocurrency, however that doesn't mean I want to bet my whole financial future on speculating and wishful thinking. I am willing to take a slow, consistent approach to building wealth and my portfolio. With that in mind, the rest of this article is aimed at sharing some ways that I have found to grow my cryptocurrency portfolio with a long term view in mind.
Keep reading to learn about 11 ways to make your cryptocurrency work for you to earn passive income.
What is Facebook Libra Coin?
Libra coin is a cryptocurrency project being led by Facebook. It is an open source digital payment solution allowing customers to make transactions through Messenger and WhatsApp without the need for a bank or credit card company.
When I first heard about this project I only half understood why it was so important. The implications of this project are massive and represent a tectonic shift in financial policy, regulation, and business. If Libra Coin is launched, consumers like you and I would be quickly swept into the age of digital currency. For better, or worse, change is on the horizon. The question is will you be ready for it?
Keep reading to understand how this project works and how it would impact you.
Did you know buying a coffee with Bitcoin is taxable? In fact, almost every transaction you make with cryptocurrency is taxable. AND YOU ARE RESPONSIBLE TO KEEP TRACK OF IT!
You probably stumbled upon this article because you were asking yourself "How do I keep track of my cryptocurrency transactions?" The answer to your question is...TokenTax. Keep reading to learn the best practices for tracking your cryptocurrency...plus three important tax saving strategies.
What are dibs? dibs is a virtual currency, created by Life Leadership, as a medium of exchange between customers and participating businesses. It is an acronym that stands for Dollars Into Bitcoin Satoshi's.
You may be wondering if this program is legitimate and how it works. If you are, keep reading. You will find answers to all the questions you may have about this program and I have also included some of my recent experiences using dibs.
What is Coinbase Impact? The Coinbase Impact program is an affiliate program designed for content creators. Content creators are rewarded with 50% of trading fees for referring customers to Coinbase. This is a free upgrade to the existing referral program.
I have personally used Coinbase for most of my cryptocurrency purchases since I began buying cryptocurrency a couple years ago. I have also utilized their existing customer referral program as I have talked to friends about buying cryptocurrency. So when I heard about this improved affiliate program I was quick to test it out for myself. Overall, I have been pleased with this new program but have also found that there are some advantages and disadvantages that people should know about.
Keep reading for details about the Coinbase Impact Program.
What is Enjin Coin?... and is it the best blockchain gaming company? Enjin coin has indeed separated itself as the best of several up and coming blockchain game companies.
Blockchain games have become a hot topic in the cryptocurrency and blockchain space. They offer a unique connection between blockchain technology and the end user. I began to wonder which blockchain gaming companies had the best chance of leading the way in the future. I researched 8 different gaming companies and it quickly became clear that there is one company making major inroads toward the mainstream marketplace. Here are some important things to know about Enjin Coin.
What is Ethereum? According to Vitalik Buterin (creator), Ethereum is a platform on which decentralized apps (Dapps) can be built. It uses a universal programming language and smart contracts, which are transacted through a blockchain, to provide a foundation for a wide array of potential uses.
A couple years ago I began to hear about a cryptocurrency called Ethereum. At first, I felt a little bit lost in all the techy language, and I had a hard time understanding why there was so much hype about it. But as I began to grasp how groundbreaking this technology is I became really excited about its potential to help transform our economy. I decided that I would write this guide to help you learn everything you need to know in simple language, and in one resource, so you don't have to look at 10 different websites. Whether you are an investor, new developer, or the average person wanting to learn more, this article is for you!
What is a Bitcoin and what should you know about them? Bitcoin is a form of digital money that operates without the need for a centralized entity such as a bank or credit card company.
This is a very simple answer to a much more complex question, but I think it is a good place for us to start. I bought my first Bitcoin a few years ago and quickly realized why this technology is so intriguing. I also began to realize that there is a lot of technological complexity which directly impacts how they are used, what their value is, and their potential impact on our future economic landscape. My goal with this article is to discuss everything from A to Z, in the simplest way that I can think to explain it. And, it will all be compiled in this one helpful article so you don't have to search 10 different places to find your answers. Let's dive in!
If you’re even remotely interested in science fiction then surely you’ve seen at least one movie or read one book about an Artificial Intelligence (AI) growing in knowledge and power until it surpasses humankind and enslaves us to its own will.
Possibly more extreme an outcome than how reality will unfold, but this future view is still based in some fairly real concerns. First of all, an AI is designed to learn, grow, develop, and advance. If allowed to do so unchecked, what could it eventually be capable of? This isn’t even getting into the notion of self-awareness. Without getting overly metaphysical, an AI could still advance and by simply employing the core jobs it was given it would attempt to grow and learn further.
What blockchain or cryptocurrency games are currently working and active? There is a growing list of blockchain games active in the market, and many more will be available in the near future. Arcade style games, adventure games, role play games, strategy games, simulation games and many more genres are beginning to quietly disrupt the video gaming industry.
I wrote an article explaining why video games will play an important part of blockchain and cryptocurrency going mainstream. At the same time, I began playing some of the blockchain games that are currently active in the market. I found a handful of blockchain games that were fun, addicting and paid out cryptocurrency as a reward for playing. On the other hand, I found a few games that were boring, annoying and just not worth the time. Check out my reviews to help you find some fun new games to play.
Here are the best (and worst) blockchain games and my reviews: