Who doesn’t like the idea of making money while you sleep? That’s exactly what passive income allows you to do. No wonder they are seen as the Holy Grail when it comes to investing. In spite of this, it’s becoming difficult to find a medium that allows you to generate this famous passive income. Have you thought about cryptocurrency? Whether you’re crypto-friendly or not, you should know that crypto now allows you to generate passive income.
Looking for Passive Income…
Passive income is becoming less and less easy to find. Yet for a long time, you didn’t have to look far to get it. All you had to do was open a savings account at your bank. In general, these savings accounts were remunerated in the form of interest. In concrete terms, each year you received interest, the amount of which depended on the rate.
However, due to the lack of inflation in particular, interest rates are falling more and more each year. Of course, this is a good thing for those who want to take out a mortgage or a personal loan. A low interest rate means less interest to pay back.