I live in Czech republic and working as programmer. But always thinking about passive income or changing my job. You know everyone is telling you "do what you want" but on the other hand you have to pay mortage and other things...
So I decided few month ago to invest into cryptocurrencies. From what I can say now, it was a good decision. I bought some coins and they get like 2x to 10x more of a value. Yes thats not much but better than nothing :-)
I started with 1k usd and make from that total about 5k - 10k usd (depends on BTC price) in crypto. Also took that initial investment out and some money above that (1.5k usd). So now I have nothing to loose cos I took my initial ivestment out.
What projects I believe that have a future? Masternode coins! This is the best passive income you can get. You just need to obtain some ammount of coins and run a masternode. After that you will be rewarded just for running that. The oldest masternode is Dash coin. And you can see Dash coin masternode is worth about 700k USD now and giving you each month about $4,482 USD!
Yes thats great but now you have to find some cheaper ones cos ROI of DASH masternode is now low. So you have to keep looking for cheaper masternodes coins which have potential to become big.
Nice list of masternode coins is here: https://masternodes.online/
What is masternode here: https://coinsutra.com/masternodes/
I also find steemit.com and yes this is a great place to share some ideas and get paid for it. its not completely passive income cos you have to write articles but I like writing articles :-) So no problem for me! I am just on beginning of this so not having high hopes money will come quick. But everything good isn't made over night. So I will keep on posting and maybe some day coins will come :-)
I am also running a small website with cooking recipes in czech language: http://lepsikucharka.cz so I am constantly adding there content and visit rate is increasing. So maybe I will pus some google ads there. I have created instagram for that so can use it somehow too.
Will work also on english website of cook book. Because we have just 10 million people in czech but people speaking english? A lot of more than 10 millions :-)
Making some videos? Nice idea but never done that before and don't have much time now but I hope I will get to it later. People like videos.
So thats all my plans. Run some masternodes, have steemit account and few websites...Don't know if I will be rich from that but few hundred USD per month is not mission imposible.
What about you? Do you have some plans on how to get "passive" income?