In this article, I will share exactly what I’m doing right now to earn way more than the average salary passively through crypto.
Crypto has presented some new opportunities for passive income that we haven’t seen the likes of ever before like in my life.
I didn’t think it’d ever be this easy, but for a myriad of reasons, the opportunity is here now. It will not last forever, and you need to capitalize on it before it runs out.
There are huge risks involved in cryptocurrency, and absolutely everything you do in any instance where you give your money to a company, you could lose absolutely everything.
None of what I say is financial advice. This is all just entertainment and fun.
The average bank account right now is going to be netting you about 0.01% interest a year. Throw inflation on top of that, and your money is melting away.
You are literally losing money by putting it in a bank account. People think, I don’t want to do risky stuff I don’t want to invest, so they just put all their money in cash in a bank account.
But they don’t realize that because of inflation, what you’re actually doing is investing in a guaranteed loss. So all you need to do is take out a little bit of time to educate yourself on various assets you can invest in.
And then you can actually take on a very low amount of risk and outperform inflation. And now, with crypto, we’ve got opportunities to earn anywhere from 10 to 100 percent returns.
It took me far too long to get into this. When I first heard that, I thought this sounds a bit scary a bit risky. Because risk and reward are always correlated, and that has been something I’ve always found to be true.
However, there is another element to this. There are other reasons why right now, you can actually earn a lot more money in crypto than you can anywhere else.
Take a look at what we’ve got with crypto, which is even more complicated than I, who’ve been here for four years still took a little bit of time to get used to and comfortable with DeFi.
So how is the average person going to get comfortable with this? But DeFi isn’t the only option we’ve got a lot of easy ones as well, but that barrier to entry that barrier to getting comfortable is one of the reasons there are many opportunities here right now.
But it’s not going to last forever, so you need to act fast. And then the next thing is there are so many different options.
No one knows what’s good, where they should invest, what the risks are, how it works.
But don’t worry, I’m going to break everything down for you so you understand and can move forward a lot more comfortable even though the decision is yours and none of this is financial advice. Remember, you can lose everything in these.
There are two types of platforms that you need to be aware of. There are centralized ones and decentralized ones. Read More…
Categories: CRYPTO 101 GUIDE, CRYPTO NEWS
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