Crypto's 3rd Option

When it comes to crypto, people feel like they don't have a choice. Scam or be scammed. Launch a coin or chase one. But there's a third way. For creators, it's most important. Build something that pays you back over time.

I could choose one strategy. I rather combine five.

Bankrate lists 25 passive income ideas. Most people aim for one. Then, why try five? Simple. Everything compounds. The opportunity to create multiple streams with one activity is too great to ignore.

Now, most people are not wrong. A single source of passive income is better than none. The article offers many great ideas for a range of interests, too. A man who chases two rabbits may catch none, but a jack of all trades may compete with a master of one.

I must admit. I want explosive growth. I would not mind overnight, either. But evidence shows a slow system that compounds rewards abundantly.

Read how I combine the five.

Blogging (#4: Create a blog or YouTube channel)

This blog is no ordinary platform. It's worth less than $1,000 now. But the value if scaled, is immeasurable. And I don't exaggerate.

Value of Blog Today	Value if Scaled
$944.71	>$944.71
No ads needed for revenue	Self-funded campaigns
Decentralized sponsors	Crowdfund private projects
Suite of content	Educational material
Each post is a window	Greater earning potential over time

This blog doesn't need ads to generate revenue. Thanks to that, I can lead self-funded campaigns. Take this latest push, for example. I navigate into June with a story that began with blogging as passive income.

Instead of ads, decentralized sponsors show their support. Readers like you crowdfund my private projects, if you like my pitch. The act of blogging creates a suite of content that becomes educational material and more with effort.

Each post is an investment vehicle. Other blogs may argue the same, but the mechanics here set this platform apart. Input your time. Add attention to detail. Once you publish your post, a window opens. Deliver enough to your reader? They award you with the weight of their stake.

You tip a creator without spending a dime.

Other platforms may offer simpler ways to endorse us. I do accept coffees.

And I appreciate the wisdom, 'make it easy for people to pay you'. Even still, that coffee is no window to earn for 7 days. As with my philosophy on passive income, I welcome all strategies. I dare not discriminate against dosh accumulation.

Ease of payment aside, I accomplish more with this blog. Others may not see it. I feel the conviction of a farmer when I write. I grow organic. I live authentic. When I use a crypto blog to build, I'm not just playing a big game. I'm living it.

I build in crypto with crypto.

Selling Digital Goods (#2 Sell photography online)

Someone once said, "The reason we don't read more books is because they don't ring." It might also explain why people today ignore the market for digital versions as well.

When offered the suggestion to accept simpler payments like buy me a coffee, I balked. One passive income idea I endorse more involves selling photography. But the options don't end with images.

In fact, the number one creative passive income idea from the Bankrate article is to write an e-book. Why? No distribution costs, no physical inventory, and unlimited upside. In terms of accessibility, the e-book beats all rivals.

My paid resource offerings might feature: tutorials on getting started on $HIVE, anecdotes about different projects, cross-pollinated insights from different literature.

"Malcolm Gladwell helped me pick a memecoin."

To illustrate, there are 3 types of people you need to make anything viral.

They are mavens, salespeople and connectors. My document continues on, explaining the book's context for those uninterested in the literature. Focused on frameworks for choosing tokens, they continue reading my work.

Less than 1% of launches graduate. Don't just improve your luck. Enhance your sense for winners with my insights, backed by written literature and research.

The abundance I study to produce these posts alone could produce plenty more. Do not forget. Somewhere, a niche commands an audience. Command yourself to answer the call. Serve your niche with action.

If not my own goods, I promote the utility I deem worthy.

Affiliate Marketing (#17 Affiliate Marketing)

The tools I use daily vary. Few of them even offer affiliate links or rep programs. I don't earn enough from sponsorship to promote what I don't use.

And that's a good thing.

So many shill shit that's not it- they don't really use or buy it. They want to sell it. Think critically with me. Trust for my word comes from the lack of private interest. I have no backers. I can share what doesn't earn a kickback, because words earn for me.

Readers rest assured I mention tools and services based on merit.

Take Obsidian. It shines for personal knowledge management.
I also like HolderScan. The data from the API increases my shareable insights.
LunarScan costs and delivers more. The info it holds makes it an uncracked safe.

I connect with this platform's monetization ability. Creators do not need to "get clicks" to earn. They don't need to host ads from companies. Where SEO blogs funnel to a single desired action, $HIVE leaves no other choice.

Each post is a funnel. Likes are payments.

Things change, trends evolve. The latest in evangelism leverages affiliates who "clip" livestreams into short-form videos.

It also holds, anyone can clip their content and make it evergreen.

Grow Evergreen Content (#21 Create a course)

In an information age, who excels? Teachers and students. Anyone with an inclination to learn could thrive.

After all, we live in blistering ignorance. I spent 7 years in crypto without learning how to trade. Imagine 7 years without financial experience in a financial markets industry!

With the value of networks having monetary equivalents, knowledge becomes the tool to sharpen and hunt big game- people's attention, time, and value.

First, Sahil Bloom followed a framework he designed until he reached 1 million followers on Twitter. Then, he sold Maven courses closely coaching people on how to do the same, with his achievement as the headline.

To no one's surprise, these days he's promoting a book he recently published, 5 Types of Wealth.

I anticipate a similar timeline for my work. The Tipping Point framework from Malcolm Gladwell creates strong strategy for those seeking investment narratives.

To start, PDFs perform well. The one-page document features the 3 important people to go viral and discusses three real industry examples that exemplify the concept.

Gladwell's literature explains the phenomenon. My work connects Malcolm's elements to actionable insights within crypto. I translate applicable information to crypto for its users.

Build a Dividend Portfolio of Posts (#6 Dividend stocks )

To treat a blog like an asset strikes me as odd at first. Previous conditioning reinforces, assets are physical: gold, silver, cash, a home, a car. However, the unusual perspective unlocks positive benefits.

"Shareholders in companies with dividend-yielding stocks receive a payment at regular intervals from the company."

A post needs one thing to count as a dividend: occur at regular intervals. If the post follows on-time, rewards will too, even if they vary.

The faith required to move forward into that uncertainty isn't immense. It comes from the confidence earned with experience. Experience follows action. Repeated, reward or punished action.

The current "yield" on time favors the patient. Good work takes time.

Writing a blog is like forging a katana. You spend a majority of time within different activities.

Writing. Making the steel.
Rewriting. Purifying the steel.
Revising. Forging the blade.
Proofreading. Sharpening and hardening.

They all beg for attention to detail. The completion of each task to its utmost results in a fine katana. The same applies to writing.

Experience is not time alone. It involves education. More effort does not equate to more reward. Yet, the more creative, elaborative, provocative, the greater the potential for returns.

The seven-day earning window remains a fundamental in the world of this blog. Different questions come up.

Do old posts learn?

Yes.

Old posts earn through new posts, resurfacing as quotes, backlinks and refinement of previous, strong prose.

I love what someone said the other day,

"$1 a day could easily become $10 later through consistency and price fluctuation."

He's right. Post don't just earn. They also appreciate.

Pick One or Pick Five, But Pick Something

To review, Bankrate has a great list of ideas. The multitasking approach features some risk. The solution is simple, then. Start with one passive income idea. Even the execution of a single idea requires a great effort. The smartest thing you can do is not give up.

Then, build a stack.

My journey began with photography. I crafted photos for years searching for a place to monetize them. In truth, each platform requires the same of anyone: consistency. I found blogging as a natural way to incorporate the imagery with my thoughts. I studied skills to improve my writing next.

You can do anything for money. You won't do what you don't like, though, so might as well love it.

The list is abundant. Your passive income picks don't need to be. One is more than enough. But if you're in crypto and not building something that pays you back, you're playing the wrong game.