How to Create Wealth with Crypto

How to Create Wealth with Crypto

Crypto is a hot topic now, and there has never been a better time than NOW to learn How to Create Wealth with Crypto.

Crypto is becoming more accepted and mainstream every day. Crypto moved $8,000 overnight on the news of Elon Musks company Tesla purchasing 1.5 Billion worth of Bitcoin. Tesla is going to start accepting Bitcoin for payment of their electric cars.

Companies like PayPal have recently announced that they will be adopting Bitcoin on their payment platforms. The Financial Review has headlines like ==> “Wealthy investors are buying Bitcoin as stigma fades” Headlines like these only drives the price of Bitcoin up.

When I first started buying Bitcoin, it was under $1000. My next big buy was around $10,000. At the time of writing this article, BTC is approximately $48,000. Capital gains in crypto can be huge. Crypto is a great investment tool because there are some many ways to use it for wealth creation.

Today I will talk about some of those options and show you How to Create Wealth with Crypto.

Choices – The How

You can Buy & Hold crypto also called HODLing. You will need to sell to realize capital gains.
You can trade crypto and make money no matter which direction the market is going, up or down.
You can Stake crypto and receive outstanding interest as well as capital gains.
You can mine crypto and be rewarded for P.O.W proof of work. Beware of cloud mining scams.
Yield Farming or Liquidity Mining might be another term you have heard of, and these are all ways to create wealth with crypto.

I personally do all of the above. I am not recommending that you do but simply showing you the different ways that you can use cryptocurrency for wealth creation. Different options suit different people, and everyone’s risk levels are different also. You need to be comfortable with your investment choices.

If you are constantly worrying about your investment and small price fluctuations, you should not be investing there. Let me show you a few of the different ways I use crypto so you too will know how to create Wealth with Crypto.

HODLing – Buy & Hold

No, it’s not spelt wrong. To HODL, crypto means to buy and hold it & never sell but to realize capital gains you have to sell at some point. With crypto, you don’t have to wait long if you make the right choice of coin to make good capital gains.

The examples below are not advice but rather real examples of some of the coins I have bought. You can confirm all these prices yourself on any charts, they are not made up but real examples of what is possible investing in crypto.

Bitcoin – BTC

My last significant Bitcoin investment, I entered around $10,500 in the middle of September. Today almost 5 months later, BTC is worth $48,000. If you bought 1 BTC, you would have made $37,500 profit in under 5 months.
Approx 360% R.O.I 

DFI

Another coin I started to invest in last year is the DeFiChains native coin DFI. I started buying it for 0.22c.
Today it is around $3.60 That is over 1200% R.O.I

BNB

BNB is the coin of Binance exchange. I made a purchase mid-October for around $28 today it is worth $93.
230% R.O.I
in 4 months

FTT

Start of January 2021 buy FTT for $7
Today FTT is over $17
150% R.O.I
in just over 1 Month

You need to pick the right coin to get these sort of gains, but it is possible for anyone to do. You need to research the coins to find out what they are about and see if they have any real potential.

There are also a ton of shitcoins out there. You can lose all your money as well if you pick the wrong one. Do your research and DO NOT get FOMO.

Trading Crypto

Trading crypto is another way you can learn how to create wealth with crypto.
You can also make some very impressive returns trading crypto if you get it right. The way I trade is 100% mechanical and very easy to learn even for a noob. The best part is I can offer you a Free Crypto Trading Course if you want to see what trading crypto is all about.

Trading does not have to be hard or time-consuming to make some good returns. You need to follow or copy someone already successful. Trader Cobb has experience in the market, and the strategies work on various timeframes and markets. They also have a great community of like-minded traders and different teaching or training options available backed up with fantastic support.

TraderCobb

Staking Crypto

Staking crypto is another way to create Wealth with Crypto. It is basically like earning interest on your crypto. I am currently getting between 5-37% interest staking my crypto.

You stake on various leading exchange platforms now like FTX, Binance & Kucoin and many more. I make the best returns on a platform called CAKE. You can make 37% staking the DeFiChain coin DFI. All you have to do is open an account at CAKE DeFi purchase DFI and click a button to stake it.

Staking is the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. You get paid rewards in crypto for validating these transactions. You don’t have to do this yourself physically; it is done for you.

If you stake at CAKE, you can also invest a small amount because they pool the funds. The more you invest, the more shares you receive in the staking pool, the more you earn. You can learn more by reading my post. What is Crypto Staking?

Liquidity Mining

Liquidity mining, also known as yield farming, provides liquidity via cryptocurrencies to decentralized exchanges (DEXs).

This can be a little riskier than the other options. I have been burnt a few times trying to find out what it is all about. I have however found a great way to do this now on the DeFiCahin. I am getting over 200% APY on some of the pools I am providing liquidity for.

CAKE DeFi is the easiest option for liquidity mining. You can open an account for free here ===> Liquidity Mining @ CAKE I started at CAKE, but now I do it straight on the DEX. CAKE is the best way to start and learn what it is all about. There are other options out there but be careful, like I said I had lost money on other platforms.

CAKE is trustworthy, has great support, is 100% transparent, and it works.
To learn more have a read of my post What is Liquidity Mining | CAKE DeFi Review

My Final Thoughts

I personally do all of the above because I understand the risks, and I am comfortable with them. Crypto has opened up a whole new world of investment opportunities.

It is not hard to learn How to Create Wealth with Crypto. You need to do a little research. When I find something new, I always put a small amount in first to test. If it works and once I fully understand it, I will invest some more. I like to diversify my investment options, and this is why I do all of the above.

Making money with crypto does not have to be complicated. There are some massive opportunities to make money in the crypto world right now if you want to get in the game. The options I listed above are not hard, and even a complete Noob can do it. So if you have been sitting on the sidelines or you are still a little unsure about crypto DON’T be. It is real & it DOES work.

Don’t miss out on your opportunity to learn How to Create Wealth with Crypto, click the links and get started today.
There is no time like NOW to start investing with crypto.

FREE Trading Course

Staking, Mining, Investing @ CAKE

Be the Best you can Be

Crypto Dave


❗ DISCLAIMER: I am not a financial advisor. This is not financial advice. The content and material I provide on 2dsirecrypto.com is my opinion only and general in nature. Always do your own research before investing any money. You should always understand the risks involved in trading and investing and seek advice from licensed professionals before undertaking any investments of your own.

8 thoughts on “How to Create Wealth with Crypto”

  1. Crypto is certainly a hot topic right now, a lot of people who can afford are willing to invest. Crypto sounds like a great investment opportunity. I love the fact that you mentioned that one must understand the risk, research must be done and before investing one should find someone who has done well in that field.

    1. I think it makes sense to copy someone who already has success, it speeds up the process.

      What have you invested in Diana?

      Crypot Dave

  2. I have definitely been hearing a lot about Crypto and wondered the validity of it all.  I have no experience or very limited knowledge of Crypto.  Is Crypto an actual coin or is it digital currency?  Can your spending with Crypto be tracked by the government?  What makes Crypto so appealing to investors?

    1. Hi Chris, Crypto is digital. Some are calling it the new digital gold. Regulation is coming into the crypto world & yes it can be tracked if they want too. Crypto is so appealing because of the high returns that can be made. Now is the time to invest.

      Elon Musk & Tesla just bought 1.5 billion worth of Bitcoin and rumour has it Apple is just about to make an even bigger purchase.

      Crypto Dave

  3. Thanks for this comprehensive information.

    This is a subject that I have never looked at before.  I must admit that I find it all very scary.

    I therefore thank you for explaining the different ways to get involved.

    I wonder how much you need to invest to make it worthwhile.

    Also, I wonder what the best option for someone just getting started.

    1. Hi Geoff, Yes the fear of the unknown. I choose to educate myself on crypto and it is honestly one of the best decisions I ever made. CAKE  is one of the best places to start where you can put your crypto to work for you and earn some really good interest.

      I opened an account with $100 for my wife at the start of the year and now that account is worth over $400. You can start with a small amount Geoff. 

      At CAKE DeFi you can put your crypto to work and get paid interest + get the capital gains.

      Have a look at my post ===> How to get started in Bitcoin that will give you a few options to get started.

      Be the Best you can Be 

      Crypto Dave

  4. Crypto currencies have certainly been in the news a lot recently, and specially after Elon Musk invested so heavily in Bitcoin. Because of the volatility of crypto currencies, I invested in an ETF in Ethereum, with the view that it will be a long term investment, rather than daily trading. 

    I am still a bit wary of storing crypto safely and have heard about hot wallets and cold wallets. What is you opinion on investing in blockchain technology, rather than the actual crypto currency?

    If I only have around £3,000 to invest, which crypto would you choose that is slightly more “affordable”?

    1. Blockchain technology is definitely the way of the future, so investing in it makes sense for me. Any coin or project that is solving real-world problems is good to invest in because they have a future.

      DeFiChain is a project in the DeFi space (decentralized finance) DFI is their native coin. I believe it is a great project and coin to invest in as they are solving a lot of problems in the DeFi world. I started buying them for 22 cents in Sep they are now $3:70.

      You Know you can buy part of a Bitcoin, you can $10 if you want. What I would do is invest in a few of the top market cap coins. Some in ETH some in BTC and some in DFI spread your risk over a few coins.

      Cake DeFi is an excellent place to invest for beginners. You can buy ETH, BTC, DFI and a few other coins on the platform and then put it to work and earn interest on the crypto you hold. I have been using them for over six months and they have been great. You can get a guaranteed 5% interest on BTC and over 100% Liquidity mining. 

      Ultimately it is up to you I can not tell you how to invest but you won’t go wrong with CAKE DeFi if you open an account from this link you will get a $30 bonus if you deposit $50 or more ==> Open CAKE DeFi Account

      As far as security goes a hardware wallet is the best to store your crypto.

      Be the Best you can be

      Crypto Dave

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top