How do I turn 10k into a passive income of $250 a week

how do I turn 10k into a passive income of $250 a week
thanks

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Take out $250 a week

buy a helium hotspot for $350 dollar. It will earn you ~ 100 HNT tokens p/week which is worth 120 dollars today. I have been doing it for months.

250 of 10k is 2.5% a week.

x50 (50 weeks) is 125% a year. 125% a year is hard to find in general

To get such return you need to be quite risk averse, if you willing to do it though, I would say pool the farm/usdc and stake it on harvest.
If you can't be riskaverse, you will have to settle with a lower return, try pooling in balancer or curve.
I got 5.5 farm in last week and staking 20k, so that's rougly 500$ a week
Also, harvest is underpriced imo (27m mcap with 500mil TVL?), it could be an ok investment as well. Perhaps Andre will pick it up as well)

>how do I make passive income of 130% per year

I have 10k in peer to peer that generates me like 70$ a month.... fixed 6,75% return that gets added everyday and feels comfy to me. 250 is just a little much for 10k.

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What is this peer to peer you speak of?

It’s pretty popular in Europe, not sure what good services are in the us. Maybe search for Bondora (I use that) or Mintos to get an easy explanation how it works. Essentially it’s lending money in pools, automated by companies, mostly east Europe. The one I’m using has been operating for many years, started right in the financial crises of 2008-2009, so far it runs like a charm and has growing numbers in every aspect. Not completely risk free obviously but worth it in my opinion for cash you want to store away for a short time

Use the money to get a job

How is the risk worth 1.92€ a day?

go back to work wagie, your break is almost over

This kek

>doesnt know what risk averse means
the absolute state of pajeets

Buy potter supplies

you could start staking some shitcoins on Bonded.finance once it gets all started. My guess is all those partnerships incoming and prolyl a cex listing or two this month will help with that

The risk is slim, just wanted to mention it. Nothing that gives you a return is free from risk, that’s nature. You make a better return investing in a boomer etf afterall, the great thing about this is that you can pull out your money anytime without having to pay a thing and you get your return everyday. What I have there is money I use to buy cheap crypto in case of a sudden correction etc, also just to diversify your investments. I‘m already 90% crypto so I might Assel hold some stocks, peer 2 peer, you Name it. There is a reason it’s so popular in Europe, read into it

get into ICX. ~6% net gains and solid moon mission with 100x in a 3-5y horizon.

>Bought a hotspot
>It's supposed to ship this month
>I live in a suburb with only 2 hotspots within 2 miles so I'll need to change the antenna and might not even witness them anyways

Tbh I'm probably never getting my $264 back but at least it might be kind of fun to mess with

are you staking stablecoins? or usdc/farm ? how can you get an apy of 120%. it says like 15% apy

Invest that mover (and some more) in index funds and/or rental property for a couple of decades.

how much did you invest? 10k? 2 eur daily on a 10k investment?

just wait a couple of decades, till you old and senile

Put 10k into Wiseling pyramid scheme and get 140 each day

First you have to increase your 10k to 185714k and then you buy AT&T for all your money.

there's 250 dollars a week.

What do you hold in crypto?

Like 10k, like I said, it’s short term. I take some out, then add some the next month, depending on various things

I hold well above 300 eth, some btc, link and xmr. That’s it tho, got out of all other alts end of 2017/early 2018, dipped my toes in yield farming but figured it’s not for me

A few million Bonded Finance, swing 1M at 10x, re-buy 1-2 months later. Stake for 50% APR in 2021 until you're absolutely euphoric.

dextools.io/app/uniswap/pair-explorer/0x64c29aac69d3122f6e5531ceca1b753f95350af4

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>Use your own money to get a job

Care to elaborate on this?

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>6.5% income per year
>you literally give loans to poor people from shithole countries who can't get a loan from a bank
>significantly higher risk than junk bonds with about the same return
Imagine falling for the P2P scam. Du bist so eine Kartoffel lmao.