What is the Best Platform to Make Passive Income?

[Mika]

You can make passive income through multiple methods and multiple platforms, but what do you think is the best platforms to make passive income? Well, if you are looking for an easy platform and a free platform to earn money without putting in a lot of active effort, Amazon is a great choice. You can make passive income on Amazon through multiple method, from ebooks, affiliate marketing to selling merch

Youtube is another great platform for passive income. It takes a long time to build subscribers and views but once you managed to grow big, you will earn from the same content again and again.

 

[Dedemary]

I think for my opinion, the best platform to make money is moneymaking apps

 

[King bell]

Various factors such as your abilities, hobbies, resourcefulness, and risk tolerance will determine the best passive income platform for you. Some common picks are dividend stocks, real estate investment trusts (REITs), peer-to-peer lending, rental properties, dividend exchange traded funds (ETFs), mutual funds, or online courses; each has its own way of providing passive income.

Affiliate marketing can make you money passively through promoting products from other companies; licenses on intellectual property earn royalties; higher-yielding savings accounts or CDs may be invested in; staking cryptocurrency is a possibility together with using automated trading systems. This calls for multiple streams of revenue, platforms review and commitment to long-term success.

 

[Activator230822]

While the affiliate marketing venture viewed as a great way for the earning of the passive income, the process for making a sustainable income from that is very costly for sure.
First and foremost, when we go for the affliate marketing one would be required to make so much commitments, hardworking and work diligently with consistency . At times one would be required to spend some upront money for that venture.
lt really needs very patience and consistency to build a large fan base for you to leverage on the YouTube.