When the money works for us it means we are actually Making Passive income and in such time Passive income can fix half of our money problems.
So, I asked myself to find possibilities of Making Passive Income on Hive and here I'm with those ways that can help every other hivers.
Possibilities of Passive income on Hive
I have found very exciting things always on hive and crypto as a whole comes with lot of opportunities to make Passive income.
Most of our action on Hive Blockchain brings passive income in form of rewards which went unnoticed like considered so normal and there are others possibilities that I will share one by one to clear this point of view.
Delegating HP to communities
This is Really interesting that we can earn fixed amount of Hive everyday by just delegating our HP.
OCD, @Leo.voter, indiaunited and different such communities have a system of rewarding delegators on daily basis.
The more HP you delegate it will Get more Hive. So, it's my wish of making passive income on hive which will become possible in the near future when I will have enough to delegate it.
Putting Hive Engine Tokens in Work
We do earn extra tokens in our Hive Post when use General tags such as; Proofofbrain, vyb, neoxian, creativecoin etc.
Usually people don't realize this and tokens just keep on accumulating and remains in wallet doing nothing meanwhile I always do put my tokens on work by putting them on staking mode.
It is kind of a slow process but at some point will be worth much for peace of satisfaction.
Hive Blockchain Games
I haven't stepped in Blockchain Games Yet where a lot of possible ways of making passive income exists. There are many Play 2 Earn Games on hive Blockchain such as; Sprinterland, Rising star, WOO etc.
We can earn by playing and even if we don't have time for playing Games than simply by renting out NFTs to other Player Games will earn us rewards also by staking Game tokens it earns X % APR which is Passive.
20% APR on Savings in HBD
So, one of best passive income is just sitting there in Savings side. It offers 20% APR on saving HBD and that's where I feels Like a Good way to make out something of holding and making work of money.
Also 2% APR on HP and than comes curation rewards and following trails we can do Good depends on our total Stake and APR which is where I need to work on real hard.
way of Making Passive Income in real Life
In my perspective there's many businesses that can help us generate side income like opening vending machines at different places, ATM machine is another nice way of Generating Passive income.
Well, for a student like me those Things are just dream and want to reach at that state to afford vending or ATM machines and start making Passive income.
For Now this is all I'm able to find about Passive income and hopefully this had taught something new to You and also do feel to drop your idea about passive income in comments. I would like to see your thoughts on this.
Memes are all mine and created using Meme Generator.
Thanks for reading.
Greetings.
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I kept saying to myself that I'll try some games but I kept forgetting it lol!
Kinda Same !LOL 😆 well, hopefully sooner or later we Gonna try that.
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I like the staking feature. The best way to earn a passive income.. Even following trails is also a one-way.
Me too! Fav feature.
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Delegate HP and earn more
These are the best way to make passive income in HIVE. Sometimes we ignore hive engine tokens, but these are a very good option to try out. I just started to accumulate LEO and increase my Leo Power. Thank you for sharing an informative blog.
Indeed.... Accumulating Leo is really a Great idea.... Leo power up day is almost here and that's Going to be Amazing. Hopefully you'll be able to increase more and more. Thanks for stopping by. Much appreciate your support tho.
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Most welcome. Thank you for your wishes. ✌️
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating to @indiaunited. We share 100 % of the curation rewards with the delegators.
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Great post my friend!
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Thanks bro. Much !LUV and Great day !PIZZA
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