A Lot Of Ways To Make Passive Income In Cryptos - Some Sustainable and Some Probably Not

Starting Defi In Crypto For Passive Income 

As of today 2.16.22 the adoption of bitcoin is becoming more well known. Russia and India have announced how they plan to play a part in crypto with regards to taxes and mining with Russia stating that they want to be one of the largest miners of Bitcoin Today Conoco Philips announced they will be selling natural gas to bitcoin miners out west in the USA to foray into crypto mining - mining is the actual hashing or computer part of the Bitcoin smart contract. The node will actually store pieces of the contact. 

Many of the main players in traditional finance are starting to get into bitcoin and cryptos including Fidelity. The main credit card companies are working fast to get their credit cards out that give 15% back in bitcoin. Remember in the last 5 years the US dollar lost 97% of its purchasing power against bitcoin. That is a staggering number One of the best plays in crypto is the passive income side However, if you don't know what you are doing there are a lot of big holes that you can fall in to 

Defi has been around for almost 1.5 years with the majority of the innovation taking place in the last year. So if you have been in Decentralized finance for 6 to 8 months then you are a season veteran. And normally I would turn my nose up at that but with this it is very true. There are a lot of lessons I have learned in the 6 months that I have been in but I also have been able to get in on the ground floor of several projects that work.

One of my favorite Eco Systems is the Avalanche ECO. I love a lot of the projects and they seem to do a real good job with bringing on protocols or projects that compliment each other. In the next blog post I will go over some of the best ways to do well on the Avalanche block chain If you are wanting to get set up with a wallet and start doing so trading or buying crypto or maybe even set up some of the different passive income accounts then contact me and we can go from there.

  • Staking
  • Nodes
  • Best Stable Coin Farms
  • Wallet or Meta Mask Set Up
  • Which Dex or Decentralized or Even Centralized Exchanges To Use
  • How To Move Around Crypto
  • How To Spot Rug Pulls
  • Which L1's To Send Crypto On So You Don't Lose It


Stay Tuned To Future Blog Posts Where I will answer a lot of these questions But Remember to stay up to date and check back daily as what was going on yesterday may have a different look today.

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