Honey at Home: Multiple Streams of Income – Cryptocurrency as Passive Income

If you’re here, reading this, that means you’re probably interested in cryptocurrency so I’ll keep this pretty short and sweet. I currently have the privilege of taking my sweet time exploring every avenue of at-home income. Active and passive, alike. Each are what they sound like, active – you work for it. Passive – you just sit back (with a little initial investment, of course) and watch the profits roll in. 

Many people play the stock market, obviously. Some have 401ks, in some cases, those two are related, often in the form of a stock or retirement portfolio. While that is a beautiful, wonderful thing, there are limits on how much you can invest in your retirement, and many people can’t afford to invest in their retirement just yet. Plus, you can’t invest in a stock, then just cash out every week.

With cryptocurrency, you can get started with less than a $50 dollar investment. But, obviously, the more you invest, the more you earn. There are several different platforms you can be involved in. Currently, I am involved in one, the one I believe I’ll make money the fastest and the easiest, and I can cash out any time. But, I could add to that platform, and eventually be involved in up to 5 different platforms. There is no reason not to be.  Remember, multiple streams of income, always!

There is also the fact that you must claim this income on your taxes, and I found there are easy ways to keep and collect all the tax information for this with apps.

If you want me to bring you in under my wing in Cryptocurrency, I’d be happy to. When I found out my friend made over $1000 her first week I was sold. Seemed like a pretty good investment to me, and you can withdraw your earnings any time you want, as long as you’ve earned money for that time period. Spend, save, or invest, as you choose.

Others have made more than $1000. You can research that for yourself, but if you partner with me, I make more money. So email me or message me so I can bring you in with my team, if you’re serious about investing.

As I mentioned before, multiple streams of income, so below the box, I will further this blog post with more about that, and if you want to know more about Cryptocurrency, find me on Facebook or contact me.

If you don’t know what Cryptocurrency is: 

Cryptocurrency (or crypto currency or crypto for short) is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. It typically does not exist in physical form (like paper money) and is typically not issued by a central authority. Cryptocurrencies typically use decentralized control as opposed to centralized digital currency and central banking systems. When a cryptocurrency is minted or created prior to issuance or issued by a single issuer, it is generally considered centralized. When implemented with decentralized control, each cryptocurrency works through distributed ledger technology, typically a blockchain, that serves as a public financial transaction database.

Bitcoin, first released as open-source software in 2009, is the first decentralized cryptocurrency. Since the release of bitcoin, over 7,000 altcoins (alternative variants of bitcoin, or other cryptocurrencies) have been created. Source: Wikipedia

If you are tired of being broke, sitting around doing nothing, and not having the money to do anything, then just stop it, stop the cycle. Don’t just sit there and do nothing. You can find ways to do something. I’m self-trained in nearly everything I’m doing, and if I’m not it’s because I went out there looking for answers. 

What are your goals? What are your dreams? What can you afford? To make money you have to have money, am I right? 

Well, I started my proofreading and copyediting business, that investment did cost me about a thousand dollars, I’ll be honest. 

The blogging business cost me maybe $100, but it didn’t have to, I could have gone cheaper on the website, but I needed it anyway for the proofreading business.

Cryptocurrency you can start at any level you want for around $50 or less, up to as much as you want. So, if money is your problem, and time isn’t on your side, I’d start there. It’s passive income because after the initial investment, there’s very little you have to do to make money after that. Plus, you can cash in your income at any time.

Jeannie Culbertson ~ The Noteworthy Mom

 

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