The 3 Tiers Of Generating Crypto
From Micro Earnings To Substantial Earnings
Whether you are looking to stack up a few extra sats or looking to compensate for your living expenses, Crypto is an absolute treasure trove of opportunities. Earning free Crytpo has evolved from a more niche opportunity to one where more and more people are getting involved.
The recent trend of Play2Earn gaming has also been a massive awakening! People have now realized how easy it can actually be to earn free Crypto. This is beginning to reshape online earning models and is clearly the way of the future!
Micro Earnings
Micro earning sites have been around for ages in the form of faucets and other incentivized platforms, such as Cointiply and Coinpayu. These sites generally have a cap of a couple of dollars a day. The upside is that the time required is minimal and can be done at any time of the day, as users find they have a free moment. These platforms are great tools for increasing Crypto holdings over time.
This is especially true as sometimes the asset being accumulated is an asset that will later go on to 100X in value or more. This happens in Crypto and is often a surprise to people outside of the space. They battle to comprehend how something can actually grow so much in value within such a small amount of time. Either way, the time required is minimal and so often attracts users that are looking to accumulate Crypto for the long term.
Average Earnings
Do you enjoy writing or blogging? There are a number of platforms that will dish out free Crypto for quality content. In some cases, it is actually the community that is providing the incentive. Hive is one such place and probably holds the best opportunity for content creators who provide quality and informative content. These platforms generally have the ability to earn users anything from $20 to well over $100 per post! It all depends on how they are utilized and how good the content is.
Content creators generally do need to have a fairly significant amount of followers in order to see meaningful rewards. These are also great opportunities in that users are free to contribute when they have spare time. I have personally been approached by platforms wanting me to write for them on a contract basis.
I turn them down every single time, as I want to choose when and what I write about. I don’t want to see what I do be reduced to monetary exchange. I write about what I am doing, as well as the aspects of Crypto that excite me. I will endeavor to keep it that way.
Substantial Rewards
This approach is however directly related to the amount that is invested and is, therefore, an approach that requires capital allocation. Can one really call it free then? Well, when you look at the interest rates offered by banks, I guess perhaps you could. Depending on your own personal risk appetite, yields can vary from a few percent to as much as 100% or more.
This is generally achieved by making use of staking, DeFi, and lending opportunities. In essence, this is aimed at the wealthier individual wanting to gain even more Crypto, whereas the first two options are aimed at individuals wanting to accumulate free Crypto without any expense and don’t mind giving a bit of their time in order to receive it.
The dollar amount is of little importance at this stage. Quality assets will grow exponentially into the future, as the shift is in essence only just beginning.
It is therefore imperative to ensure that your sources of information are accurate and reputable because selecting the wrong assets will be of little help. Investors need to identify the correct assets that will ensure growth and stability going forward.
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.
Creator economy is the next frontier. People will truly have an opportunity to be the next millionaires - artists, content writers, photographers - the entire industry will go through an overhaul.