Hello Steemians! Today I'm going to share a strategy that made me generate passive income with cryptocurrencies, any suggestion or doubt, you can contact me and I will give you free advice.
The cryptocurrency world is a constantly ´´Up and Down´´ one day the market hits All Time Highs and the other day they crash like never before, is understandable that you can be afraid to invest (even when they have proved to have incredible results in terms of investing) nobody wants to lose money, but, ¿What If I told you that there’s a way to avoid the losses from their volatility?
We can find the answer in the cryptocurrency known as Tether (USDT) this coin is made to avoid volatility, every Tether is backed with a dollar, so 1USDT=1USD$ because of this, we can avoid the losses from market crashes.
But, If Tether has no volatility ¿How can I get benefits?
It is right here when It starts to get Interesting, we’re going to use Tether as a tool to enter the market when the market make corrections or crashes, for that, we’re going to use another tool, Tether ´´can’t be mined´´ and even though this is true, the website Cryptominingfarm allows us to ´´mine´´ Tether this website gives us the chance to invest (the investments are made through Bitcoin) and withdraw in Tether giving us at least a 30% of profit from our investment.
Join Cryptominingfarm using this link: https://www.cryptomining.farm/signup/?referrer=59E4BFFE7B4BA
Now ¿How do I use Cryptominingfarm to make money?
Luckily, this website is very simple and easy to use, so I will explain step by step how to make benefits with It, also, I will explain a financial technique that will allow you to maximize your benefits.
In this point, we should be already registered on the site, our dashboard Is going to look like this, here we can look all the options of our profile, to make our investment, we must click on the ´´Buy´´ or ´´Deposit Funds´´ option (as we see on the image)
Once we press any of these buttons, we’re going to a page in which we can choose the amount of GHS (GigaHashes) and the time that our contract is going to last (I recommend to pick the 3 month, 6 month or the 1 year contracts) the price will depend on the duration of the contract and the amount of GHS, the longer the contract, better benefits for us, we proceed to pick the best plan for us and we can start to mine and earn.
In order to start to mine Tether we have to edit our profile (the option is marked on the image)
Once we get to these options, all of our data will appear, we’re going straight to ´´Mining Type´´ option and we pick Tether as our option, then we save this configuration.
To withdraw our funds, we just look for the ‘withdraw’ button and we can see the different commissions for all the cryptocurrencies of the website.
¿Which technique can we use to make a better profit?
The answer to this question is based on a financial strategy called Compound Interest this strategy looks difficult but is really easy to apply: ´´is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest´´
In conclusion Compound Interest is nothing more than a Reinvesting Strategy in which you use the interest that an investment gives you and reinvest that money in order to make big amounts of money, now, I will give you some tips to apply this.
Recommendations:
- Exchange your Tether for another cryptocurrencies when these are low: Due to the high volatility of the market, the coins usually go down in price in high percentages, when a coin falls in price usually is more than 10% that’s the moment to exchange your Tether for another cryptocurrencies.
- The market tends to go down on the days before the 15th day of the month and the last day of the month.
- Buy at least 3000 GHS (GigaHashes): This is an investment of around 200$ in the website, due to the fact that the website gives you back everyday a portion of your investment ¡You could go from 3000 GHS to 4000 GHS in a month!
- Share the strategy: Don’t be afraid to share this strategy, the more you share It, the more your earnings will grow (Be sure that people register from your referral link).