Crypto Passive Income
REFERRALS, YIELD & PRICE APPRECIATION
One great thing about crypto is the opportunity for passive income. While you've got tokens waiting for the bull market to kick in, you can stake your tokens and earn yields. Of course this could be a risk for your tokens, especially if they're traditionally staked in a proof of stake setup, but everything in crypto carries a level of risk.
I already wrote about Stakelayer, a layer 2 restaking ecosystem for Bitcoin. It's still in presale stage and I was paid a little but in USDT to make a video about it by the marketing team. I bought some presale tokens using the USDT and, already, I've taken my money out from the referral program, while still having my tokens. I've also earned about 100% of my original tokens in about a month from the yields and referral income. These two aspects are 100% passive. Well, almost 100%. I did leave the referral link in the description section of my video for people to click on.
Finally, the presale price has since doubled, which means the (unrealised) value of my tokens have already doubled too. Now we are awaiting the token generation event where the tokens actually become claimable. When such a time comes, I'm expecting a big dump, which I will be hoping to front-run. If I miss the dump, then I'd wait till the price inevitably recovered in the coming bull run. Either way, I am not totally risk free with this token, and that's a very good place to be indeed.
Not financial advice as usual, do your own research.
Peace & Love,
Adé