Below is a comparison table of the top 3 passive income opportunities I’m most excited about for van life (or any freedom-seeker!), re-claiming my time and living life on my own terms!
Each are in the cryptocurrency space (sorry folks; crypto just has far superior opportunities at the moment. If you’re looking for non-crypto, try these: PoD and Tshirt design, property investment, writing books & audiobooks – all are fairly passive and suitable for van life).
The 3 opportunities are very different and can’t really be compared ‘like for like’ so, below the table, I’ve written a few paragraphs on each and provided links to more in-depth reviews of my experience to date.
- Best risk-reward: HyperFund
- Most passive: YieldNodes
- Highest risk-reward: StrongBlock
Note that none of these opportunities are ‘financial products’ and they are all very different in how they operate, however each provide an opportunity to generate a passive source of income.
My Experience: Initially, in December 2020, I went ‘heavy’ on HyperFund and lighter on YieldNodes. I then withdrew from HyperFund regularly and deposited to YieldNodes for a few months, before starting to part-rebuy, part-withdraw. Now, June/July 2021, I’m withdrawing a bit extra to invest in buying Strong nodes.
In the short-mid term, I’ll likely aim for a fairly even balance between each for diversification / risk-mitigation.
Overall, I’m excited about all three of these passive income opportunities and feel all can be life-changing…
My top 3 passive income sources compared
I have grouped these under the umbrella of ‘passive income’ however that term might not be technically accurate for tax and other purposes…eg they may be categorised as capital gains or some other means. Please consult with a professional!
The above table provides some ‘at a glance’ information that enables you to loosely compare each opportunity.
Use your mouse or finger to scroll down the table and see all the comparisons – from minimum cost to participate and withdrawal fees to how ‘beginner-friendly’ it is..
Below, I go into a little more detail. You’ll also find links to individual in-depth posts on each.
Hyperfund is a private membership rewards opportunity and my #1 vanlife opportunity for several reasons. Firstly, it costs the least of all the opportunities to get started — a 300HU membership costs 300 USD (1HU is equivalent to 1 USD) and will reward you with 900HU which can then be exchanged for cryptocurrency and withdrawn. Obviously, $300 won’t make you a fortune, but at least you can test the water with minimal risk.
The second reason is that if you’re new to crypto, which many vanlife folks are, they educate you too; and education in this industry will help you understand the future of money and other crypto opportunities.
They’re also the largest and most diversified of the three. HyperTech Group have been established since 2014 and have multiple revenue streams. HyperFund has been delivering rewards since 2019. The education provided is not only on their product, but on blockchain in general and they have a lively member community always online. It is also the most stable of my three favourite opportunities; the reward delivery is fixed – currently delivering 3X your membership value at 0.5% per day of the purchase price (ie. you get approx 15% of your membership cost back per month).
Basically, this means if you do absolutely nothing except buy a membership and withdraw, you should have your initial membership cost back in 200 days (0.5% X 200 = 100%) and then you will continue to get your rewards for a further 400 days, ie. until the 3X is fully delivered. The rewards are daily and you can exchange and withdraw as soon as you have 50H – $50 worth. It takes 12-48hours to withdraw. In my experience, usually less than 24hrs. There are also options to ‘rebuy’ and grow your rewards further every time you have 50HU of rewards — this is the fastest frequency of the three opportunities in terms of growing your rewards within the system as quite quickly you’ll be able to rebuy every week and then daily (Yieldnodes you can compound monthly and with Strong it depends on how many nodes you have – you’d need about 10 nodes to ‘rebuy’ a node every 2 weeks).
Hyperfund is an invite-only passive opportunity, however they also have a lucrative and sustainable community building system to accelerate your rewards (ie to get your 3X back faster)…which initially put me off until I understood it better. It’s basically a business opportunity.
It means even if you have only a little money you can ‘make it’ with HyperFund through understanding the system and helping build the community. If you are good at chat or have a decent network, you can start with very little and really accelerate your rewards with a bit of effort.
I have been a completely passive member since December 2020 until late June (ie. I never took part in any of the ‘business opportunity’ aspects) and am very happy with those six months. Now, I have started spreading the word and ‘community building’. Read more here or request an invite below.
YieldNodes is a server rental and profit sharing opportunity based primarily on masternoding. It is a relatively new company, small in size and the team are clearly working very hard. The minimum you can invest is 500 Euro (approximately 600 USD) which is paid in Bitcoin. They have a simple method to deposit directly with a bank card using third parties.
Yieldnodes has been delivering since 2019. I discovered them in November 2020 and invested in December 2020. Yieldnodes take 15% of the profit they make and deliver the remaining 85% to its users. The profit since 2019 delivered to users is 11% per month average and, over my full six months, this is almost exactly what I have received — there was a bumper 19.2% spike in February during the crypto bull run explosion and during the May/June crypto crash we seen a rather impressive 7.9% and 9.1% respectively.
The YieldNodes user experience is excellent, and whilst they have support and guides you don’t really need them as everything is intuitive. They also provide a concise monthly email which I love. Yieldnodes is the most passive of all three — it has a simple auto-compounding feature built in; set and forget. If not compounding (or partially compounding) you can withdraw your monthly return each month.
The other good thing about YieldNodes is that you can withdraw or liquidate your capital after around 7 months (6 months + the month-ish withdrawal request timeframe). Obviously if you were to do this your monthly return would drop as you’d have less capital to earn from, but it’s good to know.
However, the withdrawal process is the slowest of all three… Yieldnodes business model requires them to carefully manage their hardware and coins, so to withdraw, you must submit your request before the 15th of the month and the withdrawal will be sent by 8th of the following month via Bitcoin. Read more about Yieldnodes here, or head on over visit the Yieldnodes site.
StrongBlock generates income for their users via STRONG nodes and ‘nodes as a service’ (NaaS). The barrier to entry is much higher for StrongBlock than HyperFund/YieldNodes. However there are great rewards to be had. If you’re new to crypto, STRONG might be a bit technical (you’ll need to be familiar with wallet security, MetaMask functionality and gas fees); crypto newbies are probably best starting with HyperFund or Yieldnodes.
I stumbled across StrongBlock in March/April 2020 but unfortunately didn’t look too closely (price was about 5X higher when I eventually bought #doh!). I created my first node the first week in June 2021, a few more first week in July and made my final purchase in August so I’m relatively new, however I feel this might be the goose that lays the golden eggs.
Strong nodes require the most capital to get started with as each node costs 10 STRONG (+£14.95/mth, +ETH network fees). Multiply the current price of Strong by 10 (and add a bit extra!) to work out roughly how much a node would cost you (ie the minimum to get started).
Current Strong price:
The current return is 0.1 STRONG per 7,000 blocks — around 0.092 STRONG day, per node. If the price were to remain stable, it would take around 110 days to return your capital, taking into account ballpark fees. If the price goes up, those days would reduce and if it goes down, it would take longer.
The rewards will get reduced at some point (unknown). If you’re starting out with just one node, Strong will be the slowest to ‘compound’ as you need to wait until you have accumulated 10 STRONG before you can do anything with them (plus fees)…around 115 days.
If compounding is your plan, it is better to try and start with as many nodes as possible (within reason!) so you can accumulate 10 STONG faster. Due to gas fees, in reality you generally would not want to claim any more frequently than 2 weeks anyway so there is a ‘limit’. But essentially if you started with 2 nodes it would cut compounding to about 60 days, 3 nodes would be around a month.
To ‘withdraw’, you claim rewards. Each time you do this there is a ETH gas fee per node and a variable based on the number of STRONG in the claim…because of this, it generally makes more sense to withdraw less frequently regardless of how many nodes you have eg. every 3 weeks depending on what the gas congestion is like (check at https://www.gasnow.org/) otherwise gas fees can eat up a lot of profit.
I have varied 1-3 weeks based on factors such as compounding and gas.
Like many blockchain companies, StrongBlock is a ‘startup’. It has been operating since 2018 with an experienced CEO, David Moss (ex-EOS), and their Strong Nodes as a Service (NaaS) launched December 2020. At time of writing, Strong sits around position 500 in market cap and so has a lot of room to grow. However, with crypto, and especially with ‘single coins/tokens’, there is also great risk due to the massive volatility.
StrongBlock’s business model is decentralized ‘Blockchain as a Service‘ (BaaS), however we are currently in early days and most of the rewards come from Strong itself — that 10 STRONG you pay for a node essentially pays for node rewards. Why? Well StrongBlock need to grow it’s number nodes and prove the concept before it can commercialise and become self sufficient, until then the node rewards are primarily funded by node purchases. A lot of the ‘information’ is quite speculative at this stage and so it is currently a high risk investment with potentially very high returns. The commercialisation phase is about to commence #excitingtimes. Watch this space. Read more about Strong Nodes here.
I’m blown-away by all three of these passive income opportunities. They are phenomenal and if managed well could easily fund your van life adventure or a trip around the world. I encourage you to read up more on whichever interests you most and do some due diligence.
Ping me a message if you have any questions 🙂
Here are links to more in-depth articles on each passive income opportunity:
- Best risk-reward: HyperFund (crypto education included)
- Most passive: YieldNodes (also the most simple)
- Highest risk-reward: StrongBlock (prior crypto experience recommended)
Disclaimer: As with everything on this site, this article is for informational purposes only and is not investment advice. I simply share my experiences and my opinions for information. I am not a financial adviser and I am not providing investment advice. Cryptocurrency is high risk and these opportunities exist in new, high risk and unregulated markets. Please do your own research and due diligence; do not blindly follow anyone!