In the crypto world, there are various strategies to earn returns without constantly monitoring the market. Here are some alternatives:
1. Cryptocurrency loans: Platforms like Aave or Compound allow you to lend your digital assets to other users and earn interest in return.
2. Yield Farming: By providing liquidity in DeFi protocols, you can earn rewards in the form of additional tokens.
3. Cloud mining: Companies like Genesis Mining offer mining services without the need for your own hardware.
4. Running network nodes: Participating in transaction validation on certain blockchains can generate income from fees.
5. Participate in referral programs: Many crypto platforms offer rewards for inviting new users.
Do you know any other ways to generate passive income in the crypto world? Share it in the comments!