The best income is the passive income, where you don't have to do anything, just watch your money grow. The only thing you need to worry about is the risk of losing money, but if you invest smart, then this should be a minimal concern.
I have alway searched for ways to set up passive income streams, and you should too, because this is the future of making money. I can't believe people still do their 9-5 jobs and are happy with it, people should search for alternative ways to earn money.
In this article I will highlight a few ways you can earn passive income with cryptocurrencies.
1) Investing in Altcoins
Although it's not as passive as it sounds, because you still need to do the research and analysis of the coin you would invest into, but it's better than a 9-5 job by all means. After you invested in the altcoin of your choice, you can just sit back and watch your trade go in the right direction if you traded at the right time. Although this is risky too, it doesn't really give you the "sleep well at night" mood, because if you have few trades, you will risk too much and worry too much, and if you trade too many times, then it's not that passive and requires a lot of work. Regardless, it's a popular income source for many crypto enthusiasts.
2) P2P Lending with Collateral
It's not that widely used because it requires a smart way of doing it and most people are not capable of it. I am not talking about those lending platforms, I think those cause more harm than good, because it's full of scammers. But if you lend out Bitcoins and if you take a 110% collateral for it for example, then you can make some very smooth passive profit with very small or no risk. Bitcoin interest rates will inherently be low, since it's deflationary and there are tons of lenders out there already, however the risk is also very low with a proper collateral, so it should be an easy way to make passive income.
3) Casino Investment
I have already talked about this earlier, you can use websites like
Satoshidice,
Betking and others to invest your Bitcoins into, and you could earn a profit from what the house makes daily. Its easy money, and these casinos are very reputable so the risk of theft & hack should be fairly low. Read my review article to get a sense of this:
@profitgenerator/satoshi-dice-a-low-risk-investment-opportunity
4) Mining Bitcoins / Altcoins
This is no comment, but apart from the maintenance work and calculations that are necessary to run a profitable BTC mine, it should be fairly passive, after all it's the ASICS that work, not you.
5) Investing in Steem Power
Last but not least, there is Steem Power. Although STEEM has been going down lately, I think the downtrend is over. Nontheless if you believe Steemit will succeed in the long term, then you could bet on this by tanking up with SP. After reading my automatic curation theory, it should be fairly easy to earn money here by doing nothing if you have a lot of SP:
@profitgenerator/easy-passive-income-on-steemit
Disclaimer: The information provided on this page might be incorrect. I am not responsible if you lose money using the information on this page! This is not an investment advice, just my opinion and analysis for educational purposes.
Sources:
The Monero Project
Jack Cai
Oxygen Team
Upvote, ReSteem & 
