My Top 5 Passive Income Sources In June

A few ideas on how to earn some passive income

I have a quite a few sources of crypto and stock passive income.

In this email I wanted to cover the top 5 earning sources that weren’t portfolio appreciation or my businesses (which do have passive aspects).

#1 - Bitcoin mining: $4124

I have been mining Bitcoin for almost a year now. I started with 6 Bitcoin miners and later added another 10. To date I have mined 1.55 BTC with these machines.

They are hosted at a remote facility (in another state) and are completely hands off for me. I just pay the hosting fee.

I made a video recently going much deeper into the details if you are interested:

#2 - Stock Options: $1,908

I started selling stock options at the tail end of March. I have slowly been adding more and more capital to this one.

I have added about $18,000 to my Robinhood account to try this strategy out.

To date I’ve made almost $4,500 in about 3 months doing this.

I covered this in a recent video in depth too:

#3 - Flux nodes: $1,368

Crypto nodes can be hit or miss (and sometimes very risky), but my Flux nodes have been going strong since 2019.

I run 10 of these nodes and they have been consistently earning me money despite the market and despite the price of Flux being down quite a bit.

#4 - Trading Bots: $356

I run a few crypt trading bots (WarBots) and they have been earning anywhere from 5% to 9% per month.

I think this is a higher risk strategy, but so far it has been performing well.

#5 - Blocksquare staking $331

Blocksquare is a Top 5 crypto portfolio position for me and you can stake the tokens for a 13% annual yield.

I think tokenization of assets like real estate is going to be a big part of the future and Blocksquare is one of my top picks in this space. Bonus points that it also generates a yield for me.

So in total, these 5 sources brought in $8,087 in totally hands-off passive income.

I have a bunch of others on top of these that are more speculative or ones like my crypto mining rigs which are mining crypto projects that don’t have a price yet. Those could be potentially thousands in returns.

Hopefully this gives you a few ideas of what’s out there so you can build some passive streams for yourself!

Andy