avatarMatt Lillywhite

Summary

The article humorously presents unconventional and risky methods for generating passive income, including investing in cryptocurrencies and NFTs, and gambling in Vegas.

Abstract

The author of the article shares their personal journey and success with creating passive income streams, suggesting that readers can achieve similar results. These streams include taking out a loan to invest in a volatile cryptocurrency market, purchasing NFTs based on Reddit tips, and gambling in Las Vegas. The author acknowledges the high risk associated with these methods but emphasizes the potential for significant financial returns. The article is intended for entertainment and should not be taken as financial advice.

Opinions

  • The author believes that investing in risky cryptocurrencies can lead to quick wealth, especially if one can afford to take significant financial risks.
  • Trust is placed in the opinions of Reddit users regarding the potential increase in NFT values, suggesting a belief in the wisdom of the crowd.
  • Gambling in Vegas is portrayed as a passive way to increase one's net worth, despite the traditional view that gambling is not a reliable investment strategy.
  • The article concludes with a disclaimer emphasizing that it is a work of fiction and should not be considered serious financial advice.

HUMOR

These Passive Income Streams Changed My Life

Hopefully, they’ll do the same for you

Photo via Pixabay

If you’re reading this, you probably want to make a lot of passive income in 2022. You also want to have more money in your bank account, so you can spend time doing things you enjoy. The only problem? You don’t know where to start.

While I don’t pretend to have all the answers, I can certainly give you some tips that worked for me. That’s why I’m going to share several passive income streams that improved my life. Hopefully, they’ll do the same for you, too.

1) Invest In Risky Cryptocurrencies

In my opinion, this is the best way to get rich quick.

I got a small loan of $100k from my father and invested every cent into a sketchy cryptocurrency coin. Then, I paid several celebrities with millions of followers to promote the coin on Twitter.

That strategy worked like a charm. Within a couple of hours, my initial investment of $100k turned into $674k. Yay.

Sure, some people might criticize me for investing such a large amount of money without doing any research. But since my father is rich, I could easily ask for another $100k loan if the value of my investment went to zero.

2) Buy Lots Of NFTs

If someone on Reddit says the value of an NFT is going to the moon, I always assume they don’t have a conflict of interest. Nope. Instead, I purchase it with a smile and wait for the value of my investment to skyrocket.

I need to be honest. The value of my NFTs has dropped by an average of 78% since purchasing them a year ago. However, I trust the good people of Reddit. They would never lie or create fake hype to promote their own NFT projects. Right?

3) Go to Vegas And Put Everything On Black

After arriving at the casino in a limousine, I put all my money on black and hoped for the best. And after maintaining an impressive winning streak, the casino kicked me out because they lost too much money. Oops.

Sure, most people wouldn’t call this passive income. But since I just sat at the roulette table drinking margaritas while tripling my net worth, I’d say the process was fairly passive.

I made passive income by investing in risky cryptocurrencies, buying lots of NFTs, and gambling my entire net worth at the casino. Of course, making a large amount of money might seem difficult. But I’ve done it. Which means you can, as well.

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Important Disclaimer: This article is a joke, fictional, and for entertainment purposes only. Please don’t take it seriously. Therefore, it should not be considered financial, investment, or legal advice. If you decide to spend money at casinos, gamble responsibly and never spend more than you’re willing to lose.

Passive Income
Personal Finance
Money
Entrepreneurship
Startup
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