1% Magic

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(Edited)

Growth fueled by growth

Rinse, lather, repeat.

If you have been following my blogging ramblings here, then you probably already know I have a thing for faucets and staking platforms that pay out daily dividends. Adding to my position regularly has become some sort of healthy addiction for me, and it's been a blast so far.

The instant gratification vibes are real. I'm slowly but steadily building my passive income empire on the web, all thanks to the revolutionary blockchain tech and the various ways in which it has enabled people like me to create digital piggy banks that grow organically.

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Source: Pixabay

Compounded interest is no joke. It's crazy how it all starts to snowball quite fast if you stick to the plan and remain disciplined. One step at a time can take you far in the long run; patience holds the key to success in the crypto business, and consistency pays off.

After all, success is nothing but the sum of small efforts repeated day in and day out, no matter what it is you're currently working on and aiming for. That said, risk is always part of the equation, but hands down better than regret.

Crypto is for the brave anyway.

Tricks to the trade.

The best part is that I get to blog about my strategy and progress on places like Hive, Noise.Cash, Read.Cash, Torum and Publish0x, raising awareness and bagging referrals in the process. I've already acquired hundreds of refs mainly thanks to my Publish0x contributions, and the daily commissions are making it all the more easy to increase my growth rate.

So, approximately a month ago I decided to go about pumping my stakes by 1% on a daily basis through token wagering. Sure, there's risk involved, so please don't go about thinking this is the way to easy riches.

Investing in projects with real use cases that aim to solve real problems and holding it out through the storm is the recommended way of approaching business in this realm. And while I am actually holding and building on some future moonshots like Hive, I figured why not play around with some of my commission earnings in a controlled manner?

I thought we were supposed to have some fun here.

Betfury

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Betfury is one of my favourite staking platforms. We are talking about a Bitcoin casino that offers a wide range of games, slots and services. Holding the native token (BFG) comes with daily staking rewards in BTC, ETH, BNB, TRX and USDT, depending on one's stake.

I bought myself 6k BFG at $0.018 and have managed to double my stake in less than 30 days of action by adding 1% or even 2% every day through wagers. I will just log in, claim my staking rewards and grab 100 or 200 more BFG tokens playing the Dice game. Takes less than 5 minutes of my time and then I'm out.

Currently sitting at 12.3k BFG and earning roughly $0.4 per day passively. The best part is I follow the same principle regarding my BTC, ETH, BNB, TRX and USDT income on the platform, so it's all growing slowly but steadily.

If it all goes to hell, oh well, life's still good. This is a risk I can and am willing to take. To be honest though, it's been almost a month now and this strategy seems to be paying off.

Fingers crossed!

Freebitco.in

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Source: freebitco.in

No need to say anything about freebitco.in, I guess everybody knows about this platform.

It is without a doubt the most reliable BTC faucet on the web and has been providing credible services since 2013. Early adopters have bagged tens of BTC tokens through wagers and referral commissions all these years. It's crazy but true, and goes to show that the early bird catches the worm in such a dynamically evolving space.

I'm currently holding 250k sats in my freebitco.in account and earning compounded interest on it on a daily basis. Having acquired 79 referrals through blog contributions, I get a small but nice boost to my holdings as most of them remain active. A couple of them are superstars actually, providing me with more than 200 satoshis each per day through their activity on the platform. I sincerely hope they're doing well and not losing money.

As for me, life's good. I earn roughly 3k - 8k sats per day combined and it's a nice loot considering that I only spend a couple minutes per day here. At this level, I'm wagering 2.5k sats per day by following the 1% a day rule, and I'm happy with my loot.

The mathematical formula for calculating compound interest puts me in the stratosphere in a couple of years time, not to mention the possibility of BTC blowing up in the future and buying us all Lambos and stuff. The best part is I have invested zero in this platform. It's all profit, so there's no real risk involved for me. Regardless, I stay disciplined and am satisfied with my 1% daily cut.

After all, the journey of a million miles begins with one small step. Thankfully, I'm so busy trying to remain active on a wide variety of crypto-related platforms that it's easy to take it slow and remain patient.

Conclusion

It is true that the crypto revolution of our time has made it so easy to generate income from the safety of your home with zero financial risk whatsoever. It only takes time and effort to get started if you do not have extra funds laying around, and if you stick to it you can achieve big things provided that you give it time.

These are just two of the platforms I use to build my passive income empire, so I will be back soon with another post for those interested. Now please excuse me as I have to get back to working on the plan for world domination through stacking crypto.

That sums it all up for now.


Never forget!

NFA - DYOR

I'm just a random guy with opinions. This is by no means financial advice. Just my personal thoughts and experiences.

Have a good one everyone!
@lordneroo

Posted Using LeoFinance Beta



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4 comments
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Compounding interest, faucets, airdrops and staking - the 4 buzzwords that make me feel rich even though I'm just a minnow! Thanks for the overview, was a helpful read!

!1UP

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