If you are passionate about sailing the world but have a hard time figuring out how to finance your endeavours, this article can inspire you to live your life to the fullest.
Are you serious about following your dream and discovering the world by boat – or by any means really? Boat life, van life, globetrotter – no matter how you want to live, the big concern is always going to be – how can I afford it?
Putting money aside of each month’s pay will for most people never get you there, at least if you want to do this before retirement. And if you also need to buy a boat or a van, then it easily becomes unrealistic. So if you did not win the lottery, inherited a fortune or bought bitcoin in 2010 then what?
It takes money to make money! Well true, but let me show you a route to make $5500 into a $125,000 blue water sailboat, and a monthly income of another $22,000.
As mentioned above, in this example you are starting out with $5500. If you have less, don’t fret, it will take a little more time, or maybe you can get by on a slightly smaller budget, and it will still very much work for you. If you can start with more, great, you will just get there faster…
If you are new to the whole digital money – crypto – scene, there will be a lot of new terms to learn, but fear not, this is exactly why this article has been written – to take you from newbie to crypto investor.
Here are the steps you need to take:
1. first you will need to move your $5500 into a digital wallet.
2. Once that is done you will buy your (first, maybe?) crypto and invest it in DRIP.
As of this writing the rate is $90 per DRIP – so you should get about 61 DRIP’s. Now you are set up for earning a daily interest of 1%. I suggest you come back every 3 days and compound those earnings.
3. After about 50 days you should reach 100 DRIP in your deposited amount. As you will now earn 1 DRIP per 24 hours, going forward you will come back and compound your earnings daily – this will take you about one minute a day – so that’s the work expected from you. You do also need the time to plan what to bring and where to go once the sailboat is in the water.
If you are like me, you want to play it safe, i.e. you want your invested money back as soon as possible. So, after 90 days, you will start a schedule of compounding and claiming your earnings every other day.(Claim Monday, Compound Tuesday, Claim Wednesday, …) – and with the wonders of compound interest you will have your $5500 back in your account in 6 months AND still be in high pace towards that $125,000 boat. Once your invested money is back with you, you will go back to compounding your earnings daily.
4. After 365 days – one year in – you will again start taking out your earnings every other day, while still compounding every other day. At this time you would have 1,275 DRIPs in your deposit, and every other day you will claim just over $1000 – fast forward 160 days, and you have claimed your $125,000, and as you will keep tending to your alternate schedule of claiming and compounding, you will now have a yearly income of +$240,000 – and it is time to set sail – 540 days from now.
DRIP – What Are You On About?
DRIP is a stake-able coin that pays 1% a day on your staked investment. It becomes more powerful when you recompound your 1% earned daily interest into your staked investment. You can compound your interest and grow your investment tremendously.
The DRIP community is growing by the minute, and if you are eager to just getting started, follow the easy steps below.
Connect to crypto.com – select to buy $5,500 worth of BNB (Binance Coin)Move your BNB to a wallet – for this guide, we will be using MetaMask, which is a very popular choice. >> How To Get a MetaMask wallet
Point your browser to drip.community/fountain. Use almost all your BNB to buy DRIP. Leave 0.5 BNB in your wallet. These will be used for gas fees (transfer fees)
Deposit DRIP. You’ll need a buddy ID : feel free to use mine. ( 0x41F7edc6ACe7652EA0E5Aee518556286c392D498 )
You are now starting to earn 1% of your deposit each day. As you started up with 61 drip you will be earning 0.61 DRIP by tomorrow. Tomorrow you will return here, and click the hydrate button. This will put your earnings into your deposit, and now you will earn 1% of this amount. Repeat every day – or follow the plan outlined above.
After 90 days you will now have 140 DRIP. Now start an aggressive claiming where you claim 1 day and hydrate 1 day. In 90 days you have now withdrawn $5,500, and you have your initial investment returned. Want a free sailboat? Go back to compounding each day. After 365 days, you return to claiming every other day and you are now earning over $3000 per week. Just after 5 months you have claimed more than $125,000 – and at this time you are making more than $240,000 yearly – you made it, you can buy the boat and set sail.
The above scenario is based on a steady price of DRIP.
How to Start
- Go to https://drip.community/fountain, and exchange BNB for DRIP.
- Go to the Faucet, and enter a Buddy address in the Referral section. Consider adding the Cryptozoa team member Thomas’ address for your Buddy: 0x41F7edc6ACe7652EA0E5Aee518556286c392D498
- Deposit at least 1.12 DRIP (Ensure you have 0.05–0.1 BNB for transaction fees.)
You’re setup on DRIP. Get ready to receive 1% daily! But, do come back regularly to hit that hydrate/recompound button!
Need help getting started? Join the Cryptozoa Telegram group (https://t.me/joinchat/PbTulqLoCmAzZmQx) and tell them that Thomas (@teeceel) sent you.
DRIP Lightpaper — https://www.docdroid.net/0i3RJTu/drip-lightpaper-pdf
NOTE: The amount Deposited is not withdrawable. In exchange you receive 1% of that staked amount on a 24 hr basis for the next 365 days, which can be rehydrated/recompounded, or claimed.
Nothing in this article is intended to constitute investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. Readers are encouraged to perform their own due diligence and research, or consult a licensed financial advisor or broker before making any and all investment decisions. This content is intended for general informational and educational purposes only. Though the author strives for accuracy, the data contained within the article cannot be relied upon. The author may own cryptocurrencies and tokens discussed in the article. The article may contain affiliate links.
Decentralized finance is a system by which financial products become available on a public network. They’re open to anyone to use, instead of going through a middleman. Government-issued ID, Social Security number, or proof of address are not necessary to use DeFi. It is possible for buyers, sellers, lenders, and borrowers to interact peer to peer or with a strictly software-based middleman rather than a company or institution facilitating a transaction thanks to the Defi system.