Nice post. What would you say is the best combination of strategies for someone who has about 2 hours of time per week to build up and manage passive crypto revenue streams (outside of ICO investing and trading) and what kind of output can be expected by this? Hard question, possibly, but I'll try my luck :)
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Great question. Personally It would depend on your appetite for risk and how much you're willing to part with in hopes you'll never see it again. If time is the issue i'd go with Staking and Delegation on Steemit, but the returns diminish over time as the networks become more competitive so you need to get in early with a large investment
Loan coins and interest coins i'd say would be next since you have more control than staking you can add and remove as you see fit and feel comfortable with at any time. Just a warning is you're investing in a site and not a network like the steemit or Ark. Investing in a site is always risky as you dont know how well they are doing and when of if they will fold.
Hope that helps
Cool Thanks, I'll look into Staking and Delegation. You didn't mention airdrops - I personally feel they are not worth the time investment unless you could write a program that ticks off the token-individual checklists that qualify you for the airdrop automatically. Thoughts?
Majority of airdrops aren’t worth your time and even with a bot the problem is converting them can be costly and most airdrops leave you with dust so it’s not even worth converting
Airdrops are only worth it if you have a larger following and you can get a whole lot of refferal sign ups under you so you get allocated a decent amount of coin and even then it won’t v worth much
Majority of ERC-20 tokens are a waste of time and wont be a around for very long
Cool. Thanks for clarifying in the first two parts and 100% agree on the last part!