Ethereum Generates Cool Revenue - Make It rain Cash

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At this point I'm much certain that so many people are bullish about Ethereum and can't just wait to see it soar higher and higher, prolly as high as Bitcoin did, yes I am also looking forward to that. The world's second cryptocurrency, both in price and founding days, has shown great potential and it's far from done if you ask me. But there's a little secret most people, I guess I'd call them crypto-novice don't know about Ethereum. The thing about investment is that it's almost wider than the human mind, there's always need to look deeper, far and near, in and out, but sometimes after all the outlook and inview, many don't realize the pot of Gold always sitting right inbetween.

This is NOT Financial Advice, Do your own research before taking any step on anything I share today, be bright minded, not naive.


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Ethereum Generates Cool Revenue - Make It rain Cash

To be honest I hold only a tiny fraction of Ethereum and I don't plan on growing it soon, not that I don't trust the project but just that I fuck around shitcoins more than king kongs. Ethereum, Bitcoin, COMP, Litecoin, Dash, name them as you know all the big boys crypto, has already reached crazy heights that at this point, it's only normal to have such coins only for contract relates, speaking of Ethereum being required for ERC-20 tokens transactions, that's just one reason why I hold Ethereum. But for all ye bullish citizens that really don't know it's potentials rather than the impulsive pumps, here's a little secret. Ethereum is a decentralized blockchain, ether is the native token of this platform. The Ethereum network is the most actively used blockchain, the rate of reproduction and revenue generation on the Ethereum network is non comparable to any other projects. Ethereum yields thousands of dollars in transaction fees, or as rather called "gas fee" The reason why the network is really stable and energetic is because of net interest impulsively growing daily. In the Ethereum Network, a buyer, hodler, and Investor are three different people. Yes you may say you bought Ethereum and stored it in your wallet but that only makes you either a short term or long term gold digger. Yes we are all gold diggers to be honest, we all wish to fuck the system and make a ton, that's the business strategy but not an investment ideology. A business man will always turn bearish when the market is bad, if there's a running down, a business man will quickly sell underpriced to avoid further losses, but a true investor is not even bothered when things like this occur. A real investor makes money while actually sleeping, a businessman buys in bucks when price dumps and expects to sell with interest, then the hustlers work 24hrs to earn some cash, three men chasing money but with different strategies and approaches.

Have You Heard Of Uniswap?

Well if you're following me you may have seen my recent post about uniswap, but notwithstanding, I was more focused on the price growth in Uniswap Protocol Token, but today I will focus more on the Earning opportunities therein the platform. The content of this article may not be new to most crypto believers, but nevertheless, if you're a newbie, or maybe an amateur in the Crypto-sphere, and most importantly if you fancy Ethereum then Have a deep look into this one, because it's really vital.

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Liquidation Of Ethereum

My apologies if these options may not work well for non Gold humans, but there's always a place to join in, just that rewards are calculated based on deposit amount. On Uniswap, there's more than just swapping tokens as it is labeled in real sense. Uniswap Protocol is only active and reliable due to an actively growing liquidity pool. The liquid pool helps in token swapping so that's why it is necessary. Instead of having $100 of Ethereum sit in your wallet and fluctuant every second, going down about $98 and then up or even lower, why not push it into the Liquidity pool and earn some interest on every swapping made on the protocol. The benefit of this is that you don't have to do anything, plus you don't have to constantly get worried about the price fluctuation, at every instance you know that you're earning plus plus, apparently $100 can become $200 if price pumps, and being a liquidity provider, you must have earn interest on your Ethereum, so we may just be looking at $300, for a $100 deposit. Note that this is just basically Illustrations figures, but there ain't far from the truth, a lot of people invest in these areas, buying and holding Ethereum is really old fashion, make your money work for you while you sleep.

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Ethereum Lending

As I mentioned on a post I made Yesterday about Compound and it's governance token, Compound is built on the Ethereum Blockchain and it runs and support a project called " Crypto Lending and Borrowing" Of course borrowers got nothing to earn from here, they are actually at expense to lose whatever it is their want to use as a collateral. But what the Compound Protocol supports that is really unique is Earning Interest on your lended crypto. Ethereum is widely used globally, if I am not mistaken it is highly demanded as well. Of course Ethereum is not the only cryptocurrency you can lend but lending Ethereum creates more chances of earning, reason being that The Ether token is not just an idle crypto, it's reputation reflects back to the Ethereum Blockchain, so then all projects therein requires Ethereum for finalizing transactions. The demand for it is bound to be high, and you stand a chance of earning more. It is absolutely risk free, but do well to research first, reason being that the crypto you lended are in no way locked in the system, you can easily pull it out at any time.

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Ethereum Staking

Staking is open to so many cryptocurrencies but in diverse sites. The Ethereum Blockchain recently published a staking pool, Staking on the blockchain is the act of pushing in ETH to activate validator software. This keeps Ethereum secure for everyone and earns you new ETH in the process. This process, known as proof-of-stake, is being introduced by the Beacon Chain. The most relevant amount for staking is 32 ETH, which makes this unreachable for many, nevertheless, one can stake less but the rewards for staking is also calculated by how much you're willing to deposit in the pool. Although you can earn rewards for doing work that benefits the network there's also a big risk, you can lose ETH for malicious actions, going offline, and failing to validate. So then there's always a need to invest with care.

Using Ethereum is far more profitable than other cryptocurrencies in many ways, buying and holding may yield profits but there's more than just accumulation the crypto in a private wallet waiting for a bull run to dump, there are so many projects to invest Your Ethereum But I can say this is the most trusted.

Thank You For The Attention Up Until Now

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Comments

Ethereum always look good to invest in, I guess the gas price spike is the only hindrance now. Nevertheless, it seems it's normalising in recent times, time to accumulate more ETH on a trusted wallet application from atomicwallet.io.

$ 0.00
3 years ago

I too, don't hold a lot of ETH but I believe its prices will soar sometime this year. The only thing that limits it for me is the gas fees and we're promised that they'll go away soon~

$ 0.00
3 years ago

Yeah, the ETH gas fee is a total bum, I didn't know there were plans to reduce it though, can you provide a link to the discussion?

$ 0.00
3 years ago