What you will learn Today
- How to earn money online with cryptocurrency
- How to earn passive income online
- What are crypto dividends
- A much higher ROI on your Investment
Why are Crypto Dividends Better than Stock Dividends?
Many people invest in dividend-paying stocks. They also take the earnings and reinvest in additional stocks. However, there is a catch. There is no guarantee that a company that is doing well, is going to pay out any dividends to it's investors.
When a dividend is payed there is often a change to the price of the security.
Here is an example using Apple Stock and trying to earn minimum wage with just dividends:
Here’s how we did the math. First, we took the minimum wage of California, Apple’s home state, which is 8 dollars an hour. For a 40 hour work day that takes place over an average of 22 work days per month, the average Californian minimum wage employee makes $1408 a month, before taxes. Since Apple pays the $2.65 dividend quarterly, we multiplied $1408 by three months, giving us a quarterly minimum wage earnings of $4224.
So how many shares of Apple stock would you need to earn $4,224 in dividends per quarter? 1,594 shares paying a $2.65 dividend every three months.
And how much does 1,594 shares of Apple stock cost? At writing, the value of one share of AAPL costs $598.35; 1,594 shares would cost you $953,747.32 on the market.
Got that? To earn minimum wage on the new Apple dividend, you need to own almost a million dollars in Apple stock. source: cultofmac.com
This is why cryptocurrency dividends are so much better. You do not need to rely on the goodwill of a company. Dividends are payed out based on code.
Earning passive income with NEO
Example 1: Let's take a look at NEO and how much NEO we need to earn 1400$ per month: (NEO: 51$ ; GAS: 16.14$)