Smart Decisions Don't Require Exhaustive Measures
This is especially relevant and true within the Crytpo realm. Most people who are wanting to change their financial position in life usually consider a second job or demanding side hustle. The thought for most is too devastating to consider. Having to work all day and then still having to put in additional hours at a secondary job. The truth be known, many people already have to do this in order to survive, never mind save or invest. Traditional finance, as well as traditional investment vehicles, have managed to disillusion the average person. For many, the idea of making a 100X to 800X return in a matter of 2 to 3 years is not only preposterous but clear signs of some type of Ponzi.
In my most recent post, I mentioned a few free and passive ways to generate capital without any effort or capital requirements. There are a few downsides, in that the funds are locked for a lengthy time, or withdrawal thresholds are fairly high. However, there is no real risk as it is not taking up your time, or making a demand on your wallet. These are the types of things people should be looking at in order to accumulate free Crytpo, which they can, in turn, invest in higher-risk opportunities.
There are many other ways to get your hands on "easy" Crypto that will not require much effort and can be done at leisure. However, this post focussed on the opportunity that is possible without any effort.
A Double Blessing
Not only can you accumulate Crypto effortlessly, but you can invest that Crypto into projects that are high risk but also potentially extremely profitable. You may also dedicate yourself to other active strategies but who passes up on free investment capital? Although it is not investment advice, I advocate putting at least 3% to 5% of any portfolio into micro-caps with huge potential.
In the event that all is lost, it is merely 5% of your portfolio. In the event that you secure even one 300X, it has the potential to change your entire portfolio. That 5% holding can become a 95% holding. Understanding risk and allocation can make all the difference. Life-changing returns are generated by investing modest amounts in high-risk altcoins and micro-caps that eventually gain recognition. Unless of course, you have significant capital at your disposal or a lot of excess time to work on generating Crypto.
The idea is to allow the average working person some options to gain some free Crypto without sacrificing additional time that they may not necessarily have. If this turns out to be a profitable move, they can consider other options. Personally, I do as much as possible to secure myself a solid foundation because I know where we are heading. This incorporates ideas such as the one mentioned, ideas that require some effort, ideas that require significant effort, as well as ideas that require capital allocation. Not everything works out, which is why diversification is good, as is accumulation without investment or time. This investment idea is explained in "Create Exposure To Crypto Wealth With Zero Risk" on my independent blog. Don't despise the day of small beginnings, you do not know where it may lead.
Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
Lindo día. Soy de las que usa mucho estas paginas donde al final recibo monedas gratis y como bien dises sin mucho esfuerzo. Eso sí a largo plazo pero para nada soy esa persona avariciosa que piensa que si el proyecto no le da mucho pues ya no sirve. Al final es un regalo y veneficio so ya que al final podrás con ellas invertir en proyectos más grandes y mejor monetisados.
Feliz miércoles te mando un abrazo y te deseo un mundo de felicidad y éxitos constantes. Te saludo desde Cuba.