The term earning while asleep is commonly found on the internet. When you are surfing some sites, you may come across some pop-ups talking about earning while asleep.
Of course, many people do not understand what this term means and how they can benefit from earning while asleep. This article will discuss what earning while asleep mean and how you can really earn while you are asleep.
Earning while asleep
This does not mean that there are opportunities where you get paid because you are asleep. However, this simply means that you create your own opportunities where you earn even in the middle of the night while you are asleep.
Most notably, it refers to earning passive income. In simple terms, passive income means the interest or returns you earn from your investments. Let’s have an example to assist our understanding.
Say, you invest $1 000 with a reputable and reliable company such as Web Token Profit and you get a return of 0.9% per day, as it currently offers. This 0.9% is the amount you earn for keeping your $1 000 in the Web Token Profit for 24 hours. As you can see, the other part of the 24 hours you will be asleep. So you earn the money while you are asleep.
Put differently, earning while asleep means investing your money and receiving an earning for it. It is different from active earning of money, where you are paid for completing a task.
However, in our very recent terms, earning while asleep does not only mean invest and earn interest. It also encompasses other activities that you carry out and earn continuously from that, without additional effort.
As an instance, you can install a mobile earning application on your phone, where you do not pay any money and mine tokens or coins. However, by having this mobile application you earn every day. That is earning while asleep. An example of a mobile phone where you earn while asleep is Bee and Pi Mining. I talked about Pi Mining previously.
How you can earn while asleep?
In this part, we discuss a few ways you can earn while asleep.
Staking: Staking involves freezing your tokens or coins for a specific period of time. You will not use them during that time. In return, you earn an interest quoted as APY. There are many staking sites including many exchanges such as Atomic, Coin Galaxy and BTC-Alpha.
Unique staking platform is OroPocket, through UniFarm, where you stake one coin and receive up to five tokens. This is a great earning opportunity. The best of the staking programs.
Mining: Mining is a process of releasing more cryptocurrencies. Some people call this minting new cryptocurrencies. This takes different forms, such as airdrops and faucets.
However, most companies these days, allow you to pay a certain amount of money and earn the token over a period of time, starting from 24 hours. Popular mining sites include Genesis, ECOS, Mining City and Crypto Accelerator.
My short focus shall be on Crypto-Accelerator, the most unknown platform by standards. However, this is my favourite mining site. Once you join this platform, you mine a coin called WEC. This is another so popular cryptocurrency but performing very well.
But my focus is on Crypto Accelerator. You can start earning from mining by paying as little as $33 by the current rate. The good thing about this site is that you reinvest your earnings at any time.
Any you can also terminate the mining contractor at any time. For more information visit Crypto Accelerator.
Yield Farming: This is a third way of earning money while you are asleep. However, it is more like investing. Many people confuse staking and yield farming because they work in a similar manner. You stake your coins in order to earn a return.
Here is the difference between staking and yield farming. Staking normally means staking a single cryptocurrency. However, yield farming involves staking two cryptocurrencies, which are paired. For example you can stake BTC/UNI pair of tokens/coins. In some cases, you get an LP.
However, this explanation should not digress us from our discussion about earning while asleep.
Mobile applications: This is probably the latest type of earning while asleep and most people do not realize that. But let me explain. You simply install a mobile application, where you earn tokens/coins through a mining process. The application installed on your mobile phone simply mines some coins.