In Search Of The Next Layer 1 "Money Printer"
**It’s A Numbers Game** One of the most profitable moves you can make as a Crypto investor is to identify and gain exposure to a **Proof-of-Stake** coin, prior to it receiving any meaningful recognition and adoption. Ideally, this should be a layer 1 coin. A random PoS project is more likely to experience price Instability, as opposed to a solid project that is actually being utilized as a foundation. Whatever is built on a **layer 1 blockchain** helps to assign value and importance to that particular chain. https://leofinance.io/@leoglossary/leoglossary-proof-of-stake-pos https://sapphirecrypto.org/2023/04/18/injective-protocol-a-new-layer-1-contender-is-up-900-in-2023/ Identifying the leaders of tomorrow, especially within the PoS niche can be incredibly lucrative. Ultimately, early access, and subsequently, **investment** adjust the numbers in your favor. After all, it’s a numbers game… and this is quite simply, the best way to leverage the game to your advantage. Finding an under-the-radar PoS layer 1 project that goes on to secure significant success is similar to purchasing a business for pennies on the dollar. https://leofinance.io/@leoglossary/leoglossary-investment Extrapolating real-life price performance is the best way to realize just how powerful this simple strategy can be. Let’s look at **Solana**. Purchasing SOL during the ICO, and even shortly after would have given you an average price of approximately $0.30 per SOL. A modest investment of $2000 would have secured you approximately 6666 SOL. At an average **APR** of 7%, the monthly return would be approximately 39 SOL. https://sapphirecrypto.org/2023/04/01/revisiting-solana/ https://leofinance.io/@leoglossary/leoglossary-annual-percentage-return-apr
At the all-time high levels that would secure a passive monthly income of $10.1K off of a $2K investment. Even if one chooses to look at the current valuation, it is still incredibly lucrative. At the current price of SOL, your monthly **income** would be approximately $936. This is basically a monthly return of 100% on your investment. https://leofinance.io/@leoglossary/leoglossary-income This is unparalleled and incredibly powerful. However, it hinges on an excellent entry, which can only be achieved by extensive research, excellent execution, and a bit of good fortune. A similar dynamic is at work in the price performance of other successful PoS layer 1 projects such as **Cardano** and others. https://sapphirecrypto.org/2022/11/18/cardano-looking-more-like-the-obvious-choice-for-2025/ Remember, the **interest rate** is calculated in coin value and not dollar value. This is where the brilliance of this formula lies. For example, if you hold 10K SOL, you will always receive approximately 700 SOL per year, provided the APR remains at approximately 7%. Essentially, you purchase your coins for cents and then get paid in coins that you either sell for tens of dollars or even hundreds of dollars. There are always new projects coming out, and that will always be the case. https://leofinance.io/@leoglossary/leoglossary-interest-rate
Free Fantom https://faucetcrypto.com/ref/211417 **Final Thoughts** The only trick is to get in on the right ones, which is a lot more challenging than it appears. That is why I always prefer a rather modest initial investment in terms of dollar valuation. If the project then goes on to appreciate, further allocation can be made. A new project that is headed in the right direction is a great opportunity for **dollar-cost averaging**. It’s almost a guaranteed trade… even though there are no guarantees, this is as close to it as you are going get. https://leofinance.io/@leoglossary/leoglossary-dollar-cost-averaging-dca I am looking at publishing a few articles this week, addressing some of the potential opportunities I am considering, in relation to this particular strategy. That’s however it for this one… catch you in the next one!
Free Ethereum https://www.coinpayu.com/?r=Collector99 **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. This article was first published on **Sapphire Crypto**. https://sapphirecrypto.org/2023/07/24/in-search-of-the-next-layer-1-money-printer/
No comments yet