Why Building Crypto Wealth Is Still Possible For Smart Investors
One of the scariest aspects of investing in Crypto is the risk of significant loss. Despite the industry as a whole increasing in value over time, many projects fail and fall into oblivion. You can only imagine what becomes of investors in these projects. If they are lucky, they will walk away with a few percent in their pocket.
Most people reading this heading would consider it to be clickbait or a flat-out lie. However, it is much more realistic once you understand how to create this exposure. Any capital invested is at risk; how do I propose to eradicate this risk? Firstly, an investor needs to take funds from an existing investment or wage.
If I approached you with the capital to invest, your funds would not be required and would ultimately remove all risk. So, we need to find a way to generate income to invest without actually doing anything for it. This seems like an almost impossible task. However, the Crypto space is packed with exciting ideas, especially with WEB3.
Easy Income In Crypto Still Requires Planning And Effort
Many suggest creating content on sites such as Publish0x or the Hive blockchain. These are great ways to earn some additional income! However, there is still work to be done. You may not have to head off to a work location, but you will still need to put in the time and effort to create a decent article. The effort is minimal but still present. Some may indeed argue that the risk remains, then, as the capital is produced through some form of work.
A Simple Crypto Investing Solution For Better Results
The only remaining option is to find a way to monetize what you are already doing every day. In other words, to extract capital from the actions that you perform daily. Everybody walks. What if you could monetize your steps? Everybody uses search engines every day. What if you could monetize your searches? WEB3 and Crypto in general are loaded with monetized models.
We will look at downloading apps and services that will pay you in Crypto as you go about your day. What needs to be understood is that this is a strategy to gain exposure to risk without taking on the risk, a way to increase the original investment without making a substantial personal investment. Earnings might be modest, but they are compounded over time, especially if the projects in question appreciate. Some may choose to swap their earnings into BTC immediately. It’s entirely up to you.
What Every Crypto Investor Should Keep In Mind
This is not a traditional HODL approach, though one could apply the same principle by allocating funds to BTC and other alts. However, given that the dollar amount earned is not high, the gains will not be sufficient to generate wealth. Over time, they would most likely become valuable BTC holdings, but not significant. By using DePIN opportunities, one may increase this strategy’s potential.
I guess it is up to each individual. Do you want to take a bit of a risk, considering it is not really your capital at risk? Or do you want to use these methods to build a modest BTC stack over time? A dedicated strategy that maximizes free opportunities can actually produce surprising results, especially within DePIN. A $600 annual airdrop from a single DePIN application is a good start!
How A Simplified Crypto Strategy Can Improve Long-Term Returns
The objective here is to use the Crypto earned from these apps to purchase high-risk micro-cap alts that display promise. This is probably the most difficult part of the strategy. It is quite difficult to identify a star before it actually shines. The main reason for applying this strategy to this income source is that it eliminates risk. So, effectively, we are removing the risk from the riskiest investment approach in the Crypto space. Micro-caps can be quite a gamble, even with thorough research, which is why this strategy is so promising.
Why Long-Term Thinking Matters More In Crypto Investing
When it comes to investing in micro-caps, the time frame required is often 2 years or longer. The reason is that smaller, unrecognized projects need time for the market to recognize them. This is actually a good thing, as it gives a decent window of opportunity. By choosing a handful of potential projects, investors can begin allocating funds to build positions. In the current market, 5 years seems to be more applicable. However, micro-caps can surprise at the strangest of times.
Micro-caps can remain below the radar longer than you think. Some projects have even exploded after five or six years of obscurity. You really have to embrace the long-term view regarding altcoins. This will require serious conviction, as your decision will most likely be tested on multiple occasions. Knowing that you have exposure to these assets without actually having skin in the game, so to speak, is a comfort.
Top Crypto Tools And Apps For Building Long-Term Wealth
Presearch is a decentralized search engine that pays users for the searches they conduct. In this article, I explain the earning model and make the case that it could be utilized to create BTC holdings. In this instance, it can generate meaningful value over time, as mentioned earlier. Unfortunately, in a bear market, micro-caps take a beating. However, they can just as easily surge in a bull market.
Another app is sMiles, which pays users for the steps they take. Users will need to open the app daily to complete steps that qualify for compensation. This application earns and pays in BTC via the Lightning Network. It’s not much, but it’s basically passive. You need to open the application to update your daily earnings. Failing to do so will result in forfeiting that particular day’s earnings. There is now also a browser extension for sMiles.
Hi Dollar is another application that operates via WhatsApp or Telegram, which pays users 1 Hi Dollar every day. This one will, however, take about 10 seconds of your time, which isn’t much time at all. However, the valuation of this particular token is likely to drop significantly, especially since it is marketed as a form of UBI.
At current valuations, the approximate daily income is $2, or $60 per month and $720 per year. Unfortunately, earnings generated on Hi are only unlocked after a 12-month period, at which point they can be sold and used to purchase alts. The value of these tokens obviously fluctuates over time due to the nature of the Crypto market. The majority of freely earned tokens also face heavy selling pressure, ultimately leading to extreme price fluctuations.
Even if you can only withdraw your earnings once a year, you can allocate your free capital to projects you have identified through extensive research. Repeat the process every year, and that’s it. Many DePIN applications release tokens via a multi-month or annual airdrop.
How To Build Long-Term Crypto Returns With Smart Positioning
If that seems too long or extremely unattractive, then chances are that investment is not your thing. Investments generally take years, even decades, to become meaningful. The fact that this investment idea does not require your time or capital should make it appealing to a person with an investor mindset. This Crypto would be worth approximately $1,500 after 2 years of effortless accumulation. This is at current valuations, which can increase or decrease.
Put that into coins that perform a 350X return, and you have half a million dollars. Before you say that is impossible, let me give you some real-life examples. I purchased UBT at the end of 2019 at $0.01. UBT recently peaked at $4.22, which is a 422X. I purchased Solana early on in 2020 at approximately $0.26. Solana peaked last month at $213.00, producing an effective return of approximately 820X. This is more than double the returns I am using as an example. Read more about these trades here.
DePIN is another sector one can utilize to produce passive income. By simply downloading a browser extension, one can generate free Crypto. Grass is one of the most notable projects within the sector. The Machine Economy is absolutely loaded with free ways to generate additional Crypto. It’s one of my favorite sectors in the space, largely due to its passive-income slant.
Want More Crypto Wealth Tomorrow? Master These Habits Today
You could always accelerate this by using funds generated with minimal effort that you are willing to write off. There is, however, one hurdle: you have to select the correct coins. This can be made easier by conducting research and considering the picks of investors who have previously made accurate calls. Once you have amassed a meaningful amount, that capital can in turn be put to work in other investment strategies.
Final Thoughts
If you have been wondering how to invest in Crypto with zero capital, think no more! The Crypto space is packed with opportunities; one has to take advantage of them. DePIN is a new and promising niche within the Crypto economy. One that I expect to grow significantly by 2030. It’s a good time to build a base. However you approach this investment idea, or not, ensure that you have performed your own due diligence. All the best! See you next time!