Does earning passively has a disadvantage.

[TOZZIBLINKZ]

Particularly there is absolutely no demerits or disadvantages to the act of making money online passively other than the fact that, majority of passive income earning website do demand monetary investment from its users and members, and in the process of individuals trying to invest in this website and platforms claiming to pay them passively they end up getting scammed and defrauded. Not all passive income earning websites are free and legit, and most of them have to do with the mining or the trading of cryptocurrency in order to be rewarded every 24 hours or more, or possibly the actual investments of real cash to buy a particular package in order to start earning.

Moreover, many passive income earning websites has to do with referrals and according to the system the more you refer the more you stand a chance to earn passively and automatedly. It may literally not be easy for people to refer others and that is because many usually have the mindset that investment demanding platforms and websites are fraud and scamming which is not entirely true if we were to capitalise on that.

 

[Knowlopedia]

There are a lot of people who are interested in earning money passively. However, there are also a lot of people who are skeptical about this method of earning money. They think that passive income has a lot of disadvantages.

One of the biggest disadvantages of passive income is that it can take a long time to start earning. This is because you have to build up a lot of momentum before you start seeing any results. This can be a big turn-off for people who are looking for quick and easy ways to make money.

Another disadvantage of passive income is that it can be quite unpredictable. This is because you never know when someone is going to stop buying your product or when a project is going to get cancelled. This can make it very difficult to plan your finances and can lead to some financial instability.

Overall, there are both advantages and disadvantages to earning money passively. It all depends on your own personal circumstances and what you are looking for in a way to make money. If you are patient and willing to take on a bit of risk, then passive income can be a great way to make money. However, if you are looking for quick and easy money, then passive income might not be the best option for you.

 

[Carpon]

Personally, I will also agree with you on the fact that passive income has virtually no disadvantages like come to think of it, earning without much stress. If there be any disadvantage that I may even pin point, then it will be that it makes you lazy

Once you know that your income is fixed, then you will not bother about working and since it is always there regardless of your effort, you will soon become lazy and lack the trait of hardwork. So I think if one is to be earning passively, he or she must be able to stay Disciplined and not forget that he or she needs to stay active in order to earn maximally.

But basically, passive income has numerous benefits and if the above is not present, the only thing which I think will be discovered from passive income is only benefits and zero negative effects or consequences.

 

[Rubz]

Well, i bekieve that every money making means has it's merits and dismerits, and earning passively isn't left out. It has it's advantages and disadvantages as well. The major disadvantage of earning passively is the risk attached to it. Most sites or apps where one can earn passively requires one to invest sometimes a huge amount of money before earning. For example crypto currencies and forex trading. This is why a lot of people are scared to earn passively. Most people are scared that of thet invest money into earning passively, they make be scammed and they may not make any profit. You can hardly refer people to work on sites where one cab earn passively because a lot of people are scared of the risks associated with earning online.

 

[AaronTahan]

M often, passive income requires initial investments and, as you wrote above, you can get scammed. You need to carefully check the project and real reviews before investing personal funds.

 

[BashirJasper]

It's hard to tell these days which investment platform is legit or fake especially after the negative reports around the financial market over the past 2 years. A lot of people fall to these scams because of the effect of falling world economy. But one thing that worked for me was my discovery of defi earning on reputable exchanges in the winter of 2021. Since then, a lot more has evolved and currently there are few defi earnings that have given real value for money invested. These include flexible staking (on Bybit, Bitget and OKX), shark fin product (on Bitget & OKX) and fixed staking (on numerous exchanges. There's also the BGB super airdrop and CandyBomb games (exclusively on Bitget)

 

[TRomanoS]

Particularly there is absolutely no demerits or disadvantages to the act of making money online passively other than the fact that, majority of passive income earning website do demand monetary investment from its users and members, and in the process of individuals trying to invest in this website and platforms claiming to pay them passively they end up getting scammed and defrauded. Not all passive income earning websites are free and legit, and most of them have to do with the mining or the trading of cryptocurrency in order to be rewarded every 24 hours or more, or possibly the actual investments of real cash to buy a particular package in order to start earning.

Moreover, many passive income earning websites has to do with referrals and according to the system the more you refer the more you stand a chance to earn passively and automatedly. It may literally not be easy for people to refer others and that is because many usually have the mindset that investment demanding platforms and websites are fraud and scamming which is not entirely true if we were to capitalise on that.

Totally agree with you! However, it's hard to have many friends in the sociophobic world, lol