Newsletter #9: Passive income with crypto

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Written by

Sharing my experiences on earning passive income with crypto

3 years ago

Topics: Defi, Crypto, Cryptocurrency, Passive income, YieldFarming

My name is Roger and I try to earn some passive income with crypto, especially with DeFi on Binance Smart Chain- and Polygon projects. I also love to share my experiences. These are not financial advice and may contain affiliate links.

This is newsletter #9 and I have already shared a lot on my Medium account.

After my huge mistake with phishing are started to build up my crypto portfolio again and also started using a hardware wallet (Ledger Nano S).

4 lessons I learned from crypto robbery

How to setup your first hardware wallet

Further in this episode:

New start with several projects
New projects
Ended projects

But first …

China

The last weeks it has been exciting times in the crypto world. Especially what happens in China with the Bitcoin ban. This appears nothing new in this regime but it has impact on the price of $BTC and therefore most of the other coins and tokens.

https://www.cnbc.com/2021/09/24/what-investors-should-know-about-chinas-cryptocurrency-crackdown.html

I keep on investing but as always nothing more than I can afford to loose ;-)

Building up on projects I love

After I have lost lots of coins I started to build up my portfolio again.

Nexo and Celsius

Just keep earning my interest on both Nexo and Celsius platforms. I have sold some $BTC and $ETH that I used to invest in other BSC projects. The reason is simple, I needed new cash and did not want to use my fiat savings.

https://medium.com/crypto-and-defi/earning-passive-income-with-celsius-8e112be55ed3

Drip Community

Building up my team and deposits again. Unfortunately the price of $DRIP did drop quite a bit (from $22 last month to $7.23 at the time of this writing). Hopefully it can recover.

As you can see I have doubled my deposits. Still compounding at the moment.

https://medium.com/crypto-and-defi/earning-1-each-day-for-passive-income-f29fdcc55eed

BISwap

Due to the bearish market? the price of $BSW also has dropped a bit but still aut-compounding in the $BSW launchpool. There is still a lot of development going on and new features are introduced.

https://medium.com/crypto-and-defi/earning-passive-income-with-biswap-f66fd6a0b2b6

New to this project is the Lottery.

Feeder Finance

I still think this project has great potential.

With my new wallet I currently only invest in the FEED-BNB Farming.

https://medium.com/crypto-and-defi/hard-to-choose-defi-projects-4b7ce32278d8

Tosdis (SFUND)

I also still keep farming (SFUND-BNB LP) on SFUND. One of the tokens that is not dropping is $SFUND.

New projects

Minter and BNB projects

I stepped into a couple of new projects. I call them the “minter projects” and the “BNB projects”. I have written an article about BNB projects and why I do not step into these projects again. However months have passed and things have changed a it. Make no mistake these projects are still HIGH RISK but also HIGH REWARDS. Most of them rely on new investors and can be considered Ponzi. Because currently the balance is still going up, I stepped into a few. I diversify and always invest with money I can afford to loose.

BNBFactor

This is the project where I earn the most. It has several plans and referral program. I have earned my deposits back already due to the referrals.

Furthemore I have invested in all the different projects which earns me 2 to 4% daily. It is paying until the balance is not draining.

https://rvdkimmenade.medium.com/earning-2-4-passive-income-with-bnbfactor-60600ed19cc0

BNBMiner

Another BNB project that is currently having my attention is BNBMiner.

At the time of this writing the BNB balance and deposits is sky rocketing. Its current BNB balance is 6000 BNB! It earns 3% daily but this percentage is dependent on the balance. This is unique compared to other BNB projects.

The steps are easy:

Goto https://bnbminer.finance?ref=0xf28404eeC38e9a7e1669Ac95D9CDD3664cbDB7c2
Connect you wallet
Enter the amount of BNB you want to invest to hire miners
“Hire More Miners” is the other name for compounding (re-investing what you have earned) and “Pocket Your BNB” is withdrawing what you have earned

CryptoEggs

Another project that even earns 10% daily is CryptoEggs.

The current balance is 588 BNB.

Steps:

Goto site: https://cryptoegg.games?ref=0xf28404eeC38e9a7e1669Ac95D9CDD3664cbDB7c2
Enter amount of BNB that you want to invest
Start earning BNB!
You can compound (Reinvest BNB to buy miners) or withdraw the earned BNB

Warning: You cannot withdraw what you deposit, you only earn dividends!

BUSD Minter

Another project that I started to invest in is BUSD Minter. The principle is as with CryptoEggs and BNBMiner. Just deposit $BUSD and earn $BUSD (3% daily depending on the balance). The balance at the time of this writing is 603,000 BUSD. You can check the balance on their site.

Steps:

Goto site https://busd-minter.finance/index.html?ref=XX3PmE1DSWZNhNKSRWum5LSegUQHLD+wuhpLdkTt0H9lGcASJ8z7SmH+eMDoR7CLzM
Enter the amount of BUSD you want to spent and Approve

Fill in the amount

Start earning
You can compound (hire more minters) or withdraw the earned BUSD (Pocket your BUSD)

The last project I would like to mention that I am trying is Smartinu.app

Smartinu.app

This is also what I call a BNB project, in which you deposit BNB and earn more BNB. The difference with all the other projects I mentioned before is that the interest yield is dependent on the BNB balance and your personal hold bonus (which depends on the number of days you do not withdraw).

The current balance is not high yet: 138 BNB

So I am very cautious about this one and invested 0.1 BNB. See how this one is going.

Steps:

Goto site: https://smartinu.app/user/f28404eec38e9a7e1669ac95d9cdd3664cbdb7c2
Connect you wallet
Goto “Make Deposit” and enter the amount of BNB you want to deposit
Start earning BNB !

Planet Finance

The last project I like to mention is the Planet Finance. Within this project you can choose between different planets which have different investment options.

I invested in the USDC-BUSD AQUA Farm that has a current yield of 46%.

Note that this are NOT PancakeSwap LP tokens but from the Aqua platform itself.

Ended projects

Due to the robbery I also decided to end some projects, or at least not to invest in these projects at the moment. These are:

Complus (Polygon). The liquidity was extremely low and I think I was the only one that was adding liquidity because when I removed my liquidity the price impact was 70%.
BetFury

I like the project, however I had to choose. Maybe later I will continue investing in this project.
MoonWilly

This meme coin had some problems with its v1 contract. After v2 was introduced I stepped out.

Crypto.com

This is one of the most famous Crypto Apps in the world and I use it to buy some crypto, to sent my profit (from the BSC projects), and to use its VISA creditcard to actually pay bills. In fact this is my platform to actually use the passive income I make with the projects I invest in. My goal is to pay my monthly bills with it and to save more money.

Some interesting features:

Buying and selling Crypto’s
Earning interest on your coins
Having a real VISA card and get up to 8% back in $CRO coins when spending
Getting 100% back on Spotify and Netflix

(I have the Ruby Steel card and Spotify for free)

Note: I will write a more detailed story on this platform later.

Further if you use this link we both get $25

BUX Zero

BUX Zero is an app only platform in which you can buy and sell shares real easy. It is very helpful when you are a beginner in the shares business. At the moment I just wanted to see it and only have shares from: KPN, Aareal Bank and Spotify. Maybe I will do an article on this (off topic) one day.

In case you want to try it out and use it, you can use my link and we both get a free share! I got a share from Spotify the other day.

https://invite.getbux.com?kid=1GKY6Q