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How can I earn passive income with 15,000 baht in the cryptocurrency market?

avatarMikail yusufDec 16, 2021 · 3 years ago3 answers

I have 15,000 baht and I want to earn passive income in the cryptocurrency market. What are some strategies or investments I can consider?

How can I earn passive income with 15,000 baht in the cryptocurrency market?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    One strategy you can consider is staking. Staking involves holding a certain amount of a cryptocurrency in a wallet to support the operations of a blockchain network. By staking your coins, you can earn rewards in the form of additional coins. Research different cryptocurrencies that offer staking and choose one that aligns with your risk tolerance and investment goals. Remember to do your due diligence and consider factors such as the project's credibility, market demand, and potential returns.
  • avatarDec 16, 2021 · 3 years ago
    Another option is to invest in dividend-paying cryptocurrencies. Some cryptocurrencies distribute a portion of their profits to token holders as dividends. Look for projects that have a solid business model and a track record of regular dividend payments. Keep in mind that investing in dividend-paying cryptocurrencies may involve higher risks, so make sure to diversify your portfolio and only invest what you can afford to lose.
  • avatarDec 16, 2021 · 3 years ago
    At BYDFi, we offer a unique opportunity for passive income through our liquidity mining program. Liquidity mining involves providing liquidity to decentralized exchanges (DEX) by depositing your funds into liquidity pools. In return, you earn rewards in the form of tokens. Our program offers competitive rewards and a user-friendly interface to make the process seamless. Consider participating in our liquidity mining program to earn passive income with your 15,000 baht. Remember to always do your own research and assess the risks involved before making any investment decisions.