New AETHER Mining Rig purchased, Alcor AETHER/ WAXP liquidity pool.

If you follow my Hive posts you probably know I believe Rplanet NFT staking is some of the most profitable asset staking available. Utilizing collections I had been purchasing anyway is usually how I generate AETHER. Since I have been tracking my earnings from the Rplanet NFT staking for a few months the AETHER earned made looking into a mining rig NFT from Rplanet viable.

So why buy a rig NFT instead of staking KOGS or alien worlds for instance, The Mining Rig NFTs from Rplanet have a set amount of AETHER generated per hour this does not change. Other NFT collections you can stake to Rplanet have a Staking rate which fluctuates.

While good for those that do not wish to put that much money specifically into staking on NFTs Rplanet. This isn't a viable option in the long term, Given that my Staking to Rplanet has generated a little under $70 USD worth of WAXP over the last 3 months my mining Rig in effect bought itself. I exchange my AETHER generated for WAXP on alcor when the price is favorable if this wasn't obvious by my aforementioned earnings being listed as WAXP & not AETHER.
https://wax.alcor.exchange/swap?output=WAX-eosio.token&input=AETHER-e.rplanet

Shopping for a Mining Rig NFT

When your looking to purchase a Rplanet mining rig NFT as I just was recently you find yourself asking two important questions. The first is fairly simple the price which is to high for most situations mine being an exception as my previous AETHER earned from Rplanet had paid the cost of the Mining NFT 410.00 WAX($57.11). To me that is to expensive if it hadn't been no cost to me overall I would never consider it.

The second question you find yourself asking is how Much AETHER is generated by said mining rig NFT. While now this seems obvious I still had to google this to be certain the AETHER generated by each Mining Rig NFT is listed at the top of the Image.

AETHER for Staked NFTs on Rplanet accumulates hourly, through the course of a week my previous NFT staking generated 70,000 AETHER a week on average about $10 worth of WAXP when converted on a favorable market price. My previous NFT staking generated just over 300 AETHER an hour.

Given this information I surmised that if the market remains stable my Mining Rig NFT specifically the Turntable Rig 3.2 NFT from the Rplanet WAX NFT colection would generate a little under $5 a week in AETHER if the price remains more or less the same on both WAXP and AETHER.

Long term plans on this crypto market?

Sounds crazy right remain the same BTC just got cut down $20,000 a piece market price and almost all crypto assets are feeling the impact, long term investment plans requiring a consistent price point doesn't seem plausible.

Odd as it may seem there was a time lite coin LTC cost less then $40 Doge less then a penny. While this market seems to be suffering I have been dealing with blockchain around 3 years now & trust me times are still good.

In my experience I have learned a few things that seem to be a deal breaker when it comes to the general public. One of the most important to a consumer at large is ease of use, No one wants to learn anything about crypto unless they want to develop project on or invest in a particular Blockchain.

Barring these exceptions the average game player for instance doesn't want the specifics involved with crypto to profit from playing a game. Same can also be said for collectors or fans of certain sports or franchises.

An NFT mass adoption of the general public is actually viable with WAX, Ease of use is the name of the game and WAX is so easy to use without any prior crypto experience at all. On WAX games are simple to play and the collectables are straight forward and easy to purchase.

Since this blockchain was so easily accessed by your average person I knew to keep an eye on it.

Now that I know that MLB, Sony, & five nights at Freddie's all intend to have WAX NFT collections. I'm more certain then ever that the WAX blockchain has a bright future.

Not only are there promising projects launching on WAX but the fact that WAX blockchain is green when compared to any other NFT producing blockchain. All of this adds up to a solid investment potential in my opinion.

So yes the market may dip in the short term but I feel confident ill get my money back for that NFT purchase before to long.

Alcor liquidity

Since Alcor is a essential part of my outlined process for profiting off of AETHER earned by staking NFTs to Rplanet. Now is probably a good point to mention another good means of profiting off AETHER a liquidity pool on Alcor. I just began messing with this as I hadn't really looked into the pairings and potential earnings.
https://www.publish0x.com/hobbyist-crypto/how-to-earn-tlmwax-from-liquidity-xmmdpmv
However I have seen some individuals doing

• well with a TLM WAXP liquidity pool so I'm going to go ahead and start charting what I can make using a

WAXP liquidity pool.
Very helpful tutorial for those new to the concept of liquidity pools, I have never used alcor liquidity pools so ill have to mess around with this when I have some more WAXP & AETHER to see if the amount exchanged on alcor will make this profitable.

https://wax.alcor.exchange/swap?output=WAX-eosio.token&input=AETHER-e.rplanet

Economics

The crypto market appears to be doing very poorly as of late, as I'm sure many of you can attest it makes you second guess certain investments, namely forms of crypto.

I'm not religious but this is the one instance I feel faith actually has relevance, peoples faith gives an economy its power without faith, its but plastic cards paper money and digital files. Inherently meaningless until we as a society put our faith in it this is how every economy functions since the beginning of recorded history.

The market crashing means nothing tell we as a society loos our faith in the economic system in question. While yes the bitcoin market may never get back to where it was blockchain has diversified to the point where bitcoin isn't the only option.

My apologies if this offends anyone as I'm sure many of us have lost quite a bit of our invested funds even more so if you had no choice but to cash out.

The United states economic system to me is inherently more risky even in a market like this. Due mostly to the susceptibility of these systems when technology continues to advance. Crypto stands a far better chance of its encryption being safe for years to come when compared to the USD banking system.

Times like this are tough to see an upside to my personal utilization of crashes like the one WAXP is currently going through is to make the best of a bad situation.

Taking advantage of the prices on the smaller assets taking a while to feel the impact.

If panicking about the market I try to immerse myself in blockchain games or faucets that can actively generate crypto instead of freaking out and short selling.

What I'm smoking

Todays I find myself smoking some gorilla cookies, a strong as hell strain Gorilla Cookies is a sativa dominant hybrid strain (70% sativa/30% indica) created through crossing the classic Thin Mint Girl Scout Cookies X Gorilla Glue #4 strains, Grown by a friend here in town look at the bud I got its over 3.5 Grams

Most of my relatives and friends grow I have had my door kicked in to much to even bother its not worth the risk. All of that would be legal still they try and raid my house & make me contest it in court, its happened before they do it to try to rob home owners that grow by seizing the assets.

This is why I grow a single plant or just get it from a store smoking pot helps ignore the market as well BTW.

Free NFT 1 time airdrop URL

I try to include a single claim airdrop URL for WAX wallet users containing free NFTs, It may only be claimed by the first lucky person to click the link. After claimed once the URL will no longer be active. The lucky reader should receive 5 NFTs if you received less then 5 check your whitelist settings.
https://wax.atomichub.io/trading/link/138706?key=5JiJBTjkB6Cy6k99kWMojagXRvhaXZ5Et2kDtznVndw1DukyaGK

Once claimed please let the other readers know in the comments it helps.

Perhaps your interested in purchasing any of my NFTs from my ever expanding collection you may do so here.

My stock constantly rotates so it changes daily
https://wax.atomichub.io/explorer/account/akyqy.wam

Prospectors topping the NFT sale value for 3 days now also a free to play game check it out at the link below.
https://prospectors.io?waxref=akyqy.wam

more free WAX games, rewarding free NFTs/Crypto
https://alienworlds.io/
https://rplanet.io/

Earned that EOS in less then an hour and getting the NFTs while a longer process will be generating more EOS the whole time.

If you want to try womplay yourself please consider using my referral all revenue from this will roll back into airdrops for you readers to enjoy.
https://womplay.io/?ref=EDHNQLM