Building Authentic Sources Of Passive Income

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Hello, beautiful people of the hive community following the passive income strategy you will become rich, or in other words, you can be financially free. Now, let's say you are the only person who earns money You cannot make a duplicate of yourself to earn more money And that is where passive income works. when you see any financially successful person, you can also see the passive income with that person I mean that person always focuses on how to earn money by money. Now passive income does not mean you have to invest anywhere else where your money can drown. I’m talking about authentic sources of passive income.


Diversifying money is very important So let’s say if you use your 50% of the fund for an experiment like you want to experiment with the investment, so you can use that money to invest and earn a higher income. But for rest 50% you have to use only authentic passive income sources where there is less chance of Losing money. Like I have a great example for you And that is a HBD saving. So other side, many projects give you a higher APR But there is a fixed APR of HBD saving that is 20%, And 20% is still higher and HBD saving is a safer option for you.


This means I can count HBD savings as an authentic source of passive income Similarly, you can find multiple authentic sources of passive incomes, and you will have a fixed income and guaranteed income So when you work on it when you diversify your investment and increase the number of passive income sources then time by time, your income will increase. For example, before you were earning $200 per month. But now you have to work on authentic passive income sources. This way your income will increase from time to time And this is what I want to show you.


Now you can see there are many people here working in different companies and different sectors. But they are also hive user And they are investing their money in hive power and HBD savings. And also there are different projects on the hive. This way they are building their passive income sources Along with this, they are earning money by sharing content and also earning from their private work So that’s how they are increasing their income.


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Also, you should not depend on only one thing like many users just doing hive blogging, and there are no other income sources for them. So I want to tell them, to always focus on outsourcing income as well rather than only hive so that they can save their hive for the long term In other words, they can hold their hive tokens for the long term. Now, if you have only hive as your income source then you will need to sell your hive tokens And that’s where you are doing wrong You should focus on building first However, I have the same problem, but now I am focusing on my out source income so that one day I will get relief and I will not sell more hive here, I am talking about liquid hive coins.


What is your thinking regarding this information let me know in the comment section. Also, share this post on social media. Have a good day.


Lucky Ali


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185300304_441507187470261_6630906744872723300_n-removebg-preview.pngHi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested in learning new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥

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15 comments
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Dear you are right we should have passive sources of income except hive.

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But the question is how can we generate more passive sources of income except hive?

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you can do local offline business. And for online there bunch of ways to make money.

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At hive we have bunch of options for passive income and Splinterland is a great one. Your plan is good

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This post has been manually curated by @alokkumar121 from Indiaunited community. Join us on our Discord Server.

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Yay! 🤗
Your content has been boosted with Ecency Points, by @luckyali.
Use Ecency daily to boost your growth on platform!

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(Edited)

Sahe kaha bhai apne, hive to paise chapne ke machine he hai. Bas apko ise ek baar chalana aa gye 😅. Kitne sare options hai bas ek baar invest kro or bhul jaao. Hbd to best hai , bake dekho kya hota hai. 🙈😅

wow those are some great shorts thanks for sharing.

!DHEDGE

@sagarkothari88 vote 20%

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