Quote from: philipma1957 on April 15, 2024, 06:00:20 PM

It can’t be passive in the USA.

I can’t speak for other countries, but you are doing actions to get the income.

Even if you do it with a bot you had to set the bot up which makes it active.

That's not true at all.  With your logic there's no such thing as passive income.  I can't just passively open a bank account and collect interest because I had to open the bank account.

Please see the post above yours for HOW one would passively own a dropshipping business.

You don't run the bank you don't set the banks interest rate or policies = passive

You do run the bot as you set the parameters = active.

STOCK DIVIDENDS = PASSIVE
BANK INTEREST = PASSIVE
POS = passive


All of the above you don't control what they do for your income. All passive.
Running a bot you have active control of what it does for = active


In the USA you hire a person to work for you and run the business of drop shipping.

That means you are an employer you decide the work the worker does.

Once again you are actively participating in that business.

But rather than argue let me dust off my accounting texts. For USA law.

Give me a minute.

Renting a building you own is passive. It would be closer to your idea and still be passive.

https://www.investopedia.com/terms/a/activeincome.asp#:~:text=Active%20income%2C%20generally%20speaking%2C%20is%20generated%20from%20tasks,money%20from%20a%20business%20without%20much%20active%20participation.

the definitions are from above.

passive
portfolio
active.

Good traders are those who can buy before the hype with research and analysis that is close to accurate. They will benefit from the new coins, but they need research that really focuses on new coins, I don't have time to do that, that's why I prefer to invest in old coins

It is not easy to buy before the hype, the hype is something difficult to predict. There is no prediction that has 100% accuracy, it is strange if someone can do it. It is enough that we do research but it is no guarantee at all. The research may be wrong because of many factors. However, if we do it, it is already the right way. Anyway, if you invest in old coins, it won't spend too much time for the research because the history of old coins are very clear.

Today Arsenal will face Chelsea and this match will be a very difficult match for both parties. Be it for Arsenal or for Chelsea. Recently Chelsea also seems to have made very good improvements. And this could make some people trust Chelsea in this match. But for me Arsenal will still be the favorite. The position as host should still make Arsenal the favorite in this match. I think both teams will both score goals in today's match. But in the end Arsenal will win today's match.

Temporarily, in the 69th minute.
The result is:
Arsenal vs Chelsea
    4                 0

It is clear and very clear that Arsenal slaughtered Chelsea without a fight. Arsenal played quite aggressively and offensively, giving Chelsea no chance to fight back further. Arsenal's passing and attacks were also really good this time, making it very easy for their defense to concede. Chelsea really isn't Arsenal's opponent this season. I don't know how many more goals Arsenal will score in the future. because only in the 69th minute, it was already 4 - 0.

---

Update:
5 - 0
in 74'

maybe there will be more later.

Quote from: LUCKMCFLY on April 19, 2024, 09:58:50 PM

The DCA strategy is very good because it is usually bought like this if the price is very High , but you have to consider something, if a possible war between Iran and Israel is formed right now, things can change a lot for the market whenever there is a fundamental like this Well, things with bitcoin can lead to a lot of panic among investors, and that can cause the price to go down, which is not so bad because you can buy much more bitcoin and Cheaper, then in this order of ideas things can Manifest that it is a good option to buy, I assume that if the price is below the last ATH it is time to buy, and to buy well.

I agree, if you buy BTC now is the right time because BTC is already below the new ATH, and the war factor will also have a bad impact on BTC like during the Russian war yesterday, but over time BTC can rise again, so there's no need to doubt it. invest in btc when the market is red like now, don't wait for btc to go below 60k$ because it's not certain that it will reach below 60k$ again

Yes, it is true, these types of things are always fundamental to know, be all war in these cases because they are speculative markets, they are always at the forefront to know if there are new fundamentals and how the market can react, but it is a fact that Until now I see The war thing has calmed down somewhat, which is a good thing. It is also well known that when these types of things exist, we see that new business models are generated when there is an active war. What happens is that these business models are between countries and only they win, what can be given well is that if the loser wins then the main thing is to buy bitcoin cheaper, it is the most Profitable thing that can be given , with respect to the investors, they have nothing left but to wait .

I agree with you, we don't need to do things they don't need, especially people who don't understand crypto. They will always see crypto as bad, so it's useless to try to attract them with explanations about crypto. It's better for us to focus on our investments, rather than wasting time

Exactly. Just do what is necessary.
People who never know it, they will never know anything. Every explanation will be useless because they don't understand it at all.
Yes, just focus on our investment, there should be many things to do. The most important thing now is to monitor the development of the market trends.

We have many advantages from crypto both as traders and as medium and long term holders. I also hear a lot of stories of people who left their jobs in the real world and focused more on crypto.

Sure, there is the advantage of crypto business. However, it is no need to leave our main job in real life. I disagree if we should focus on crypto business only. The jobs in real life are important as well, it is what we must have. Crypto jobs is risky, it is better to have main job in real life.