Guys is this a scam?

Guys is this a scam?
blockfi.com/
Sounds like it should work, basically you keep crypto there, they loan it/trade, and pay you interest, which compounds if you leave it there
Anyone had any experience with stuff like this?

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kdp.amazon.com/en_US/how-to-publish-childrens-books
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No such thing as passive income. That's how people get scammed. /thread

if in inherit an asset which pays a grand per day, that's not passive income?

also general passive income thread

My experience with it is:
Gamedev - very risky, you invest a lot of time in creating something that basically depends on randomness to succeed if you don't invest time and money into user acquisition, had some success
3D stock models - only made around 50 bucks all in all, but I only sell one model pack, which is cool, because that means that if I continued with those packs it would start crosspromoting etc, which seems comfy if you are willing to put time into it

look at you are literally without brain

>passive income
Why poors are obsessed over this? Do you want commies to win?

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Real Estate is the basis of all wealth.

Have books ghostwritten and then post them on Amazon Kindle, literal passive income. I make a juicy 15k a month on average from 10 books.

Just another me too way to lose your money.

i know, but you need to get that capital from somewhere if you don't inherit anything, I own 0 assets by inheritance, neither will I inherit anything, thus I have to rely on accumulating money, and wageslaving isn't an option, some kind of money needs to be generated on the side

Lol, you sound like a poorfag. This is only proves my point. Dreams of "passive income" are how idiots like you get scammed. I am 100% sure you are also a wagie. But go ahead and try that blockfi shit so you can post another thread with a pink wojak.

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I was thinking about that, but couldn't find anyone willing to ghost write, they dismiss me as an immoral person

I won't, that's why I am talking to you faggots, literally in the first sentence I said that I am aware it's probably a scam, since when is discussing stuff on a discussion board shunned?
I was never scammed in my life and earned a nice fat chunk of passive income in the last 5 years by providing digital products that had a demand on the market

A small book 40 ish pages is like 100-200 bucks user... anyone can do it

lol fiverr has ghostwriters bro

>pay you interest

For taking the risk. Risk of them losing all of your cryptos due to bad investments or scam.

No such thing as passive income without risk, though the risk can be very low.

yeah well that's the risk you take as an investor, but some funds actually work, this one probably not, but i don't see a reason why that wouldn't exist in the cryptosphere

yeah haven't considered finding writers online

You are individually making things to get passive income instead of building a system that makes them without your presence. That's why your gains are limited.

I love how all the normal finance instruments are coming out for crypto and you tards are absolutely AMAZED about how they work.
>omg I loan someone money and they pay me a % of the loan in interest on top of the principal! FUCKING BRILLIANT NEW USE CASE PARADIGM!
You people are so financially illiterate you should be concerned, but at the same time you are too dumb to realize that.

That's true, but in order to employ people that do the work for you and on a bigger scale you need initial capital, which is what I am trying to build by having multiple streams besides wage so I can invest it in building a system

focus on childrens books.

mostly images

get all your stuff from fiverr, artists, illustrators, ghost writers, if ur too lazy to do it urself

im not joking u can easily make a couple grand a month

Well not everyone comes from the field where they could pick up on stuff that you consider to be everyday, same way you get amazed by other industries doing something which was standard before a new paradigm etc, people being amazed by computers even though the first one is centuries old

Instead of insulting provide info or guidance for others to educate themselves

Do illustrated children books sell on amazon kindle? Isn't that for digital copies only?

kdp.amazon.com/en_US/how-to-publish-childrens-books

you can sell both kindle versions and physical versions

make sure you get rights to the artwork from the fiverr seller, u dont want that lawsuit years down the line

DYOR

it truly is a passive income for life

I tried helping you fucktards out with the tax shit 2 years ago and got told I didn't know what I was talking about. I'm an accountant.

Now I just shitpost while shitting and laugh at you cryptards.

i fucking love accountants, fucking math nerds saved me millions lol

Personally would never insult you and would listen to everyone's advice without judgement, then applying it if it seems logical, putting samaritan effort once and then becoming jaded makes for a bad mental state, not that I am asking you to do it again, but don't be bitter, you get nothing long term worthwhile for your life from it

Thanks user, will look into it

ur welcome little guy

now go make millions

Isn't this just a bank? So yes is say its a scam.

prob better to use ycurve or whatever its called. alot more transparent

I too saw that workshop from kiyosaki email.

>If I inherit an asset that pays $365,000 a year for no work and needing no kind of upkeep or wealth preservation strategy

Why is the first post so often the best post?

you retards are just playing with word meanings
ofcourse it's expected that you have to put work into everything, passive income to everyone not braindead means creating or gaining an asset that generates money around the clock, if something interrupts the machine's way of working it's normal that you have to maintain it, nobody sensible thinks it's work free money, but work that you put upfront + maintaining

If somebody is promising to pay you an absurd APR for holding your money/assets, you are being scammed or engaging in extremely risky behavior.