The Dream Of Passive Income In Crypto

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Let me share with you a story about entrepreneurship.....

When I was about 10 years old, I had the decision to build a business. It was my own version of a lemonade stand and when it was ready, I was so excited. I had no idea about profits and losses. No concept of marketing or advertising...I was just a ten year old kid that had an idea to build some products and sell them...

(Mostly to my mom and some friends in the neighbourhood mind you....But it was a start!)

That little project way back in my youth, transformed the way I would think about making money for a lifetime. When I started making sales (and I did) the idea got stuck in my brain....I can come up with something (idea) and put it to market....And if people find value, they will buy it. If I do this over and over and over again, I'd never have to work a day in my life.

And while this wasn't 'passive income' at first, I did see the benefit of putting in the work now, so I could grow my business down the road. And eventually, build that holy grail of entrepreneurship....Passive income.

I wrote about this in our little side of the interwerbs last week...

And the idea behind that post was to take my current 'green candle' mentality of picking a crypto and hoping that it goes to the moon...AKA casino gambling. And turning it into a much more structured approach to building something 'passive' online.

So while I don't have any grand ideas of my own right now, I do see opportunity in the projects I'm involved in. And more specifically I see the potential for passive income to become a thing in my life again.

Take someone else's idea, and see if I can make it fit my goals and plans for the future.

And it happened again tonight....

Here's my weekly payment from holding around 7000 SURGE tokens.

Now obviously, 20 bucks in $HBD isn't going to set me up for life. But the foundation is being built. For me, I see this new goal materializing in my life of trying to hit $100 a week in passive income....From my crypto investing and efforts.

This again, is a change in my thought process because ever since I started getting into crypto, my goal was always....Buy something and hope that it goes to the moon. Which honestly, when push comes to shove, is everyone's initial goal in crypto. We might say we're in it for the tech, but let's be honest....We want the Lambos lol Or whatever 'peace of mind' you have in your life.

All of it, is fine! And I'm not saying I don't want to see the things I hold go to the moon...I do.

But I keep asking myself...How do I build residual, weekly, passive income with this stuff?

I truly believe, as I mentioned last week, it comes in the form of...

SURGE - Weekly payments

TTSLA - Daily yield

The foundation is built for me with SURGE right now, and I'm just getting started with TTSLA. But the dreams man, I can't help but think of the potential these two tokens have to become income generators for us here on chain.

A key nugget though, from my lessons in entrepreneurship at age 10. I had to put in the work. I have always maintained that passive income is a product of active income. Which means you have to gt the ball rolling. Roll up your sleeves, put in the work, make the sacrifices you need to...

Because we never know how this stuff will go. These tokens may be the greatest thing ever right now and then....Poof in a year or something changes. So you always have to be ready. But wow, this opportunity right here in front of us...Is just too good for me to pass up now!

Note: 5% of the rewards from this post will go to both @leostrategy and @leofinance

Posted Using INLEO



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7 comments
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I don't have anywhere near that. I'm slowly powering down to buy up more SURGE and TTSLA. Only yesterday, I decided to switch back to HBD payouts and am putting the HBD in Savings. I know it's a step down in yield, but I figure daily, weekly, and monthly payments could be beneficial.

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This is also my plan with HIVE in 10 years, having an enough HP. Hope HIVE will have a good price then.

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I don't have TTSLA yet but I'm happy with SURGE. No need to stake, just buy and HODL to earn weekly HBD 😀

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Passive income is always nice. I didn't get into SURGE, but its looking great. I guess I do have HBD savings for some passive income though.

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SURGE is fantastic and generating passive income is too, but you always have to take into account the associated risks as well as diversifying the sources.

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I'm going to take a look at those two tokens you mentioned. They seem very interesting to me, as I'm just starting out in the world of crypto and entrepreneurship. Thanks for sharing.

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turning it into a much more structured approach to building something 'passive' online. That's it friend, this is something we missed in our early days of investing. Pursuing green candles is and will remain a gamble. Wishing you the best in your long term passive income goal
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