Click on “Passive” above to see the drop-down menu and to have a look at the different investment platforms we are investing in.
What is Passive Residual Income?
All opportunities are totally free to explore and you can open a totally free account. There are no monthly fees or website fees and also no requirement to introduce others. You can introduce others by using your unique referral link once you have opened your FREE account and even earn referral income. You can then use this referral income to invest if you do not have funds of your own. You have nothing to lose and only risk what you invest. Do not invest more than you are comfortable to risk losing.
Our approach is to diversify our investment portfolio in order to minimize risk. We, therefore, have several programs that we recommend that have a proven track record and where we have invested our own funds and where we have personally earned income and have withdrawn funds.
The investment platforms we recommend are all higher risk and offer very good returns. There are safer more long-term investment platforms that also offer a larger return than saving on a fixed deposit at a bank with lower risk. As with all investments, there is a risk and we do not offer any financial advice or guarantees. We therefore strongly advise that you only use discretionary income that you can risk losing, but at the same time stand to gain considerably.
With investments, the higher the risk, the greater the reward. We believe in a good return at a calculated risk.
The basic principle we recommend is to start small and with what you feel comfortable with and then use your profits to invest and diversify into other investment platforms.
They all offer referral commissions, however referring is optional and not required to earn. It is free to participate in the referral programs of all these recommended investment platforms.
You will need Bitcoins to invest in most of the opportunities we recommend and there are several available options:
Luno is a very secure and easy way to obtain Bitcoin. You buy and sell Bitcoin to Luno and it is customized for our South African market.
You open your free account/wallet with Luno, then you need to confirm your cellular number (they send you a 4 digit code that you enter in) and you need to upload your ID that they need to verify before you can buy Bitcoin.
You then choose the investment you want to purchase and go through the process of selecting payment by Bitcoin. They will give you a Bitcoin address and the Bitcoin amount – save this in your Notepad. Now you need to purchase the required Bitcoin.
You then fund your Luno wallet by EFT from your local bank account to purchase the amount of bitcoin you need to purchase. You can then just sent the Bitcoin to fund any of the two options above – each option above will give you a Bitcoin address (a long number & letter chain) that you must copy and paste into Luno to send it to that wallet.
You can also transfer Bitcoin to this wallet and transfer it by selling the Bitcoin to Luno and they pay the money in Rands into your local bank account that you have linked with them. It is really safe and easy.
Go to www.luno.com to open your wallet for FREE.
To start it is advised to at least verify your cell phone number (Level 1) so that you can deposit or withdraw up to R15 000 over time. To increase this to R50 000, you need to upload your ID (Level 2) and for no limit, you need to upload Proof of Residence.
How to sign up for a free Luno wallet:
How do I buy or sell digital currency?
Buying through the Exchange is slightly more complicated, but you save on fees and can get a much better deal – it is the best way. Take a few extra minutes to read up on how the LUNO Exchange work:
Coin Mama is just as easy and you use your debit or credit card to purchase Bitcoin (BTC) or Ethereum (ETH) – you also copy the Bitcoin address of the option above where you want to fund (AGAM is only BTC):
It is also very easy and you are buying Bitcoins from the market and the pricing will differ – you need to look for the cheapest and also a secure or rated supplier and purchase by EFT from your local bank account. Once paid the supplier will transfer the Bitcoin into your LocalBitCoins.com wallet and you transfer it from this wallet to the option you want to fund: