Now I Understood "Passive Income" - Learning Through Hive Multiple Options.

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When I had an active source of income I.e when I was working, my friends / colleagues were always bothered about some passive source of income. They wanted to earn and always in look out for some other source to get them financially independent. That time I never bothered about passive source as I was pretty happy with my sole active earning.

Now as I left the job, and spending much time on Hive, I understood the actual meaning of passive income. It is actually a way to earn some extra, without much labor and effort.

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I belive there is no other place than Hive to earn passive income handsomely. Over the years, it has been a great source of Passive income apart from regular blogging. Here are some of the fun good way to get Passive Income directly into your wallet.

  • Commenting : An important way to live upon Hive is to engage through meaningful comment. If some stakeholders comes across then definately they reward your comment. Honestly, my first big source of reward of $8 came through commenting. I remember it was 4 years ago from an @adsactly post.

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  • Curation : If you earn some good amount of Hive token or you can bring your fund to stake Hive Power. Then it will be icing on cake. The hive Power can put in best use to reward other authors and simultaneously you will manage to earn some Passive curation reward. In case you are not active for manual curstion, then you can follow voting trail of whales and leave it to them to get additional reward by enjoying pop corn at home.

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  • Delegation : In case, you unable to give much time into curation, you can delegated your HP to other through @dlease and get daily or weekly return as per the ongoing market. Just seat and enjoy the incoming values. Your Hive Power will put into best use.

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  • HBD Saving : I think this has been discussed more than anything else on #Hive. One of the hottest topic since the interest changed from 10% - 12%. To recap, just earn 12% interest on your HBD saving. Better than any other saving option. Even your saving bank doesn't gurantee you same rate of interest.

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  • Renting : Renting is more or less of Delegation. But Renting is used in the #play2earn gaming section. In case you own some gaming assets like of #splinterlands or #chaoslegion you can rent them out into internal market to earn daily return. I am too late into this but already earn good in last few months or so. Now #ragnorak in sight of launch, renting play a crucial role.

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What else and how you want, to have a Passive source than sitting and enjoying some running fund into your wallet.??

These are some of the most common way of earning passive income through Hive blockchain. There are alternative of everything easily available on #Hive. In case you are not good at writing content, you may opt out commenting, in case your are not good at commenting, then get into gaming, further , even if you are not good at playing games, the easily rent out your assets.

Hive taught me to choose for any of the above option and enjoy life meaningfully.

Peace !!

Namaste @steemflow

Posted Using LeoFinance Beta



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15 comments
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Great article. I remember commenting was rewarding back then. But these days I don't see comments being rewarded a lot.

You should also consider writing about leo, SPT, pal and other smart contracts. Passive income from those is good too.

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Not everytime you will get a bigger amount on your comment...but yes any reward is worth through commenting.....the second layer token is not kind of passive income...leo/spt/ etc... they give a good investment option....

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I am not sure if you are aware of delegations of SPT, Leo, Pal etc. They passively give you more tokens like hive delegation on dlease. Additionally your staked SPT gives you SPS airdrop.

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Ohhh I see...I mention about Delegation didn't mention about Hive sub tokens

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Thanks for this article. Another thing I learnt about HDB savings which I had overlooked.
Though commenting and manual curation still requires active participation, all the rest are surely passive incomes which make money even when you are sleeping. 🤑
My goal is to build/own enough assets that will generate money to cover my yearly expenses and become financially independent.

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Your goal is similar to many I belive....everyone want to have such goals 😉

While.commenti g and engaging is an active involvement ..the reward is a Passive source..I meant people who were chatter can utilize their time andalso earn income....

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You are correct! Commenting and curation can help build account at a much faster rate if you love chatting with people :)

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That's true that is why Hive is build upon it...

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

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

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

Do you know that you can earn a passive income by delegating to @indiaunited. We share 100 % of the curation rewards with the delegators.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

Read our latest announcement post to get more information.

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Please contribute to the community by upvoting this comment and posts made by @indiaunited.

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That's a lot to dig in. I'm into Hive but seems like I'm living under rocks.
Currently, I'm doing HBD saving from last month, let's see how much I can get.
Thanks for the informative write-up.
BTW, good to see #Hiveflow, I also need to change it...hehe...My user name pisses me off 😅

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You have a good support so soon you end up stacking more hbd. ...👍...
Wish I could change the account name too...but just for display and let user know ..I am not steemian....but I am a hiver....

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Thanks for the wishes.
Yeah, that's great.
Have a good day.

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