- Passive income with crypto.
Yield farming, staking, mining, and masternodes
are a few of those ways.
And today I'm gonna be sharing with you,
My Blue Print
from my Crypto Passive Income portfolio
and how it's projected to make me over $200,000
this year.
Now, is this possible, and is it really going to happen?
I'll be breaking down the numbers in each project
and how much I've invested,
and those returns as well as my reason for each investment,
plus my exit strategy as well.
And you're gonna wanna stick around
to the end of the video,
because I'll be sharing with you
my large and small cap projects
that my portfolio consists of as well.
So, let's dive right in.
(upbeat music)
What's up guys, my name is Kris
and on this channel,
I cover all things online money
with the goal of sharing with you
my journey of creating as many passive income streams
as possible.
And today's passive income stream,
we'll be talking about crypto passive income.
Now, this breakdown is going to look at
my entire portfolio
and the incomes expected to generate
from those particular projects.
And I truly do think that investing in crypto
has the potential to make the most millionaires
within the next three to five-year timeframe.
However, just as many stories there are
about people investing in Dogecoin
and then waking up the next day as a millionaire,
there are even more stories of people losing
all of their money,
which leads me into the disclaimer of today's video.
I'm not a financial advisor,
none of these returns are guaranteed,
it's entirely possible
that none of these returns come into fruition.
However, I do think a blueprint and outline is useful
and not only is this is going to be fun to look at,
but hopefully, you could get some ideas from my portfolio
and implement it into yours.
Now, I'm breaking these projects up
into this different categories.
DAOs, masternodes, yield farms,
and then lastly, are the projects that I'm holding,
and I will appreciate that you can download below
if you want this similar format structure.
So be sure to check that out.
Now, it was first up for the DAOs,
but before I get into that,
if you enjoy videos about making money online,
make sure to like and subscribe
for new videos coming out every single week,
and also check out the free Discord
in Facebook group in the description below.
Now, up to this point on this channel,
I've covered multiple DAOs
and I've invested in over five DAOs at this point.
There's only two I'm invested in right now
that I think have a chance
to generate any kind of return
are Time Wonderland
and Hector DAO.
Now, the DAOs I'm going to be talking about today
are decentralized autonomous organizations,
incentivize investors with these high APYs
to back their treasury,
as well as fund other projects in their ecosystem.
And these rewards are compounded three times per day,
which gives you the high APYs.
Now, the first DAO I invested in
was Time Wonderland
and I put in about $13,200.
And since my original investment,
I withdrew $3,500,
which takes my original investment down
to 9,700 bucks.
I currently have seven time Wonderland,
and that comes out to be $17,500
based on the current price.
Now, to check our future time at Wonderland investment,
what we can do is we can go over to the website
and use their calculator.
And then on the project's website,
Time Wonderland has a calculator I'll be using
and I'll be plugging in very conservative results here.
So, I'll be using a 50,000% APY,
which the project hasn't even hit that low yet.
A future price of time of $2,000.
And the reason why I'm picking $2,000 is it looks like
there's a strong support at the $2,200 region.
So, I think $2,000 is fair to say,
especially with the fact that
they will not be printing
or burning time anymore.
And when I plug in all of that information,
it says I will make $6 million this year
from my Time Wonderland investment.
And I'm going to give you a couple of reasons
of why that's not going to happen.
They've recently made some updates
that have to do with their print and burn rates,
and this is because time will no longer be minted.
This will remove that inflationary aspect I talked about,
but it also means I'm curious to see if there's high APYs,
are as sustainable.
Number two, as you can see from the calculator
at that point, I will have 3,100 time.
And I think at this point,
the selling pressure will be so high
from all of those people holding Time Wonderland
that I just put down $75,000 as my expected income,
and I'll share with you on how that came to be.
On my calculation to get this was in roughly 60 days,
I have a realized gain of $3,500,
and I have an unrealized gain of $9,000,
and that comes out to be about 12K in total.
Now, if I do that over the course of the next five months,
that means that I'll profit about $75,000.
Now, as you can see from my Hector DAO,
I took that similar philosophy,
so I originally, put in $2,000,
right now it's worth about 1500 bucks
and using those same metrics
on the Hector DAO calculator,
that $1,500 investment that I have now,
should be worth about $6,500,
which comes out to be about $400 profit a month.
And I realized that this $400 is not going to be even
throughout the course of the 12 months,
but I just put it like this
because these are just investments,
and it's really not that much
of my entire portfolio,
so I just decided to keep things simplistic here.
Now, next up are masternodes,
and this is probably my favorite area of my portfolio.
Masternodes are just where you're staking
a particular token,
they usually have minimum requirements,
and you'll receive rewards
for those projects
in that projects token
for problems you're solving on the blockchain.
First up is StrongBlock,
a node based service on the Ethereum blockchain.
And some quick math right here,
it takes 10 strong to make one node
and you earn .091 strong per node.
Now, when I bought into strong
and I bought my two nodes,
it was about $13,800 for the both of them,
and that does include my Ethereum fees
to purchase the StrongBlock Node.
And as you can see this sheet right here,
I plan on reinvesting my strong,
every 10 strong I get back into another node,
and if you continue to do this,
you can see by my calculations,
if you start with two nodes,
by day around 210
is when you should have 10 nodes.
Now, 10 nodes is when I will plan
on about taking out profits
and at 10 nodes,
that means I'll be withdrawing 9.1 strong per day,
and since there are 145 days left in the year,
that's how many days I would be accumulating
the 9.1 strong for.
However, let's make it conservative, right?
Let's pretend that strong does a have in
which they've already done one
and I assume that they'll probably do another one this year.
This means, that instead of accumulating 9.1 strong per day,
I would be accumulating 4.55 strong per day.
And then let's pretend the price of strong,
which is currently at $600,
let's pretend it's going to be at 200 bucks.
That means that for the remaining 145 days,
I will make $131,000.
I think the main risk associated with this project
is can it withstand two years?
There really hasn't been a project
like it up to this point,
and December of 2022 will mark the two year mark.
And although, StrongBlock
does have some great founders on the team,
it doesn't mean that it's immune
from completely crumbling to nothing,
but I figured a 13.8K risk
is worth 130 plus K risk,
so I was willing to take that chance.
Next up is SRX,
a masternode that focuses on cloud-based storage.
This differs from strong
in a couple of different ways,
unlike strong, where you have to pay that token
and you'll no longer see that original investment,
you could unstake your SRX at any time,
also you can't stake through the SRX website,
which you could on StrongBlock,
this means that you have to use a third party VPS,
and currently I'm using PuTTY.
Now, the numbers break down like this.
It takes about 10,000 SRX for a node,
and this can fluctuate.
And per month you earn 1,350 SRX.
And SRX is a 20 cent token,
this means the node is roughly about $2,000,
and you're earning about $250 per month
after your PuTTY fees.
Now, I don't have a system
where I'm reinvesting back into the project into this one,
I think I'm just gonna stack my rewards
and then cash out periodically.
This means that my $250 per month
will come out to be about $3,000 per year,
assuming the price of the token stays the same.
Now, the last node I'm going to be covering
is a Gala Games founder node,
and this costs me $84,000.
Now, my business partner and I,
we actually purchased two of these.
So, I'm just considering one of these as mine
and that's the one I'm going to be covering.
Now, this is a gaming company
that specializes in blockchain games,
and it's unlike any other master node project
that I've come across.
So, not only are you earning 350 Gala per day,
which can fluctuate depending on the amount of nodes
that are online,
but you also earn tokens from the games themselves.
So, we're also earning about 2 to $3 in town hall games,
and the more games that launch on the system,
the more rewards there will be.
Think of it as investing in like Nintendo,
and instead of just getting Nintendo stock,
you also get stock in Mario, Zelda, Donkey Kong,
and all these other games that launch on the platform.
Along with earning tokens to the game,
you can also earn NFTs, land parcel NFTs,
as well as nodes of the games themselves,
which could be worth tens of thousands of dollars.
I just went ahead and I clocked this in at $43,200
for income this year.
I think it's going to be much more than that,
but once again guys,
I'm trying to play this as conservative as possible.
Next step I have yield farms,
and yield farms offer investors liquidity
and decentralized finance for awards in return.
And I have $3,000 across four different yield farms.
And if you didn't see my yield farm video,
I'll put that in the description below,
but I'll put the yield farms I'm invested in right here,
and on average across all four yield farms,
it'll average to be a little over 130% APY
on my $3,000 investment per year.
However, I am going to play conservative
and just say it's 100% APY,
which comes out to be $3,000 earned
on that $3,000 investment,
which comes out to be about $250 per month.
Now, last up are the projects
that I'm holding within my portfolio,
and although they aren't generating me
passive income per say,
this is how I've made the majority of my money
in crypto is buying projects and then holding,
and then when they appreciate in value,
selling those projects.
And I do wanna say that,
this is just that me at the time filming this,
I could sell some of these projects at any time
or I could add more to my portfolio.
It really just depends,
and it always seems like every month
when I say I'm not going to add more projects,
I end up doing so.
So, if you do wanna keep up
with what I am currently adding or talking about,
I would say the Discord group
is probably the best bet to see
what I'm currently investing in.
Now, the first two projects that I'm holding
that are large caps,
meaning over 1 billion in market cap,
is VeChain and NEAR Protocol.
VeChain has a 5 billion market cap,
and it's a leader in the supply chain space
inside of cryptocurrency.
And then there's NEAR Protocol,
which is the largest cap project that I actually own
just under a 10 billion market cap.
I think this one has the potential
to be a competitor for Ethereum.
One medium cap project that I'm holding
is Vader Protocol,
and this is a decentralized liquidity pool
that combines the aspects of Rune, Terra LUNA
and Olympus DAO,
and although the project is relatively early,
if USDV takes off,
a large part of its supply could get burnt,
causing the price to really go up in value,
so I decided to hold that one as well.
Moving into some small cap projects that I'm holding,
I'm holding DS Token and Equilibrium Games,
both metaverse tokens
that I've covered on the channel before,
I'm holding two meme coins,
because what portfolio wouldn't be complete
without some Doge meme coin,
so I'm holding Baby Doge and Dogelon,
and you just never know on the ironic chance
of what could end up blowing up
and making you a millionaire.
So, who knows it could be these Doge coins.
Now, my question is this,
what passive income projects are you invested in?
Let me know in the description below,
if you do like videos like this,
be sure to subscribe,
new videos coming out every single week,
check out my other playlist,
stay safe out here guys,
and I'll see you next time.
(upbeat music)