3 Pct Weekly Interest? Yes, please.

3 Pct Weekly Interest? Yes, please.

Is it possible to find an investment, that will give back a 3 pct weekly interest?
You have probably noticed that not only inflation is on the rise, but also the interest rates. So, the question is – is now the time to go back to the bank and receive interest on your deposits?

Well, it depends on your risk profile – if you do not want to take any risk, you might find it attractive to earn maybe 1% interest on your deposit annually – but as you know inflation is also up, your money will be worth less in one year.

You need to be more risky, however, stocks are currently only taking one direction – down – so then what do you do? How can you achieve approximately 3 pct weekly interest – return on your investment, ROI.

Forex Trading

The international money market, foreign exchange or forex, is a market, where currency pairs are rated against each other, so when one currency goes up it is always in comparison to another currency. For example, EURUSD is the pair of Euros versus US Dollars. 

As you can probably imagine Forex is a very complex market, and not very easy to navigate in, if not a seasoned trader.

So how can you take advantage of this market, without spending months learning the ins and outs of foreign exchange?

Novatech FX is a platform where you can trade foreign exchange. 

Why Novatech FX?

There are many of these platform, so why mention Novatech FX specifically? 

Novatech FX gives you the opportunity to put your money to work in the foreign currency market, without spending more than maybe 10-20 minutes per week. You’ll simply let them trade for you. In simple terms, you create a PAMM¹ account with them, transfer the amount you would like them to trade for you, and every Friday you log in and see the output from one week of trading.

Sounds simple enough, right? So, what can I expect in returns, you might ask – or of course, you ask that….

3 Pct Weekly Interest!

Novatech FX has for three years running steadily returned around 3% per week!

Obviously, they don’t do it because they have a bleeding heart for you. You pay $25 per month to participate, so as long as you invest more than $250, you should be in the black figures.

Take a quick look at this calculation – initial amount $1000, monthly $25 deducted(withdrawals) – that’s a 365% growth after one year. Which bank offers that?

Calculation Projection image

You will notice that compounding is set to weekly in this example. Each week, your earnings are paid to your bonus account, so you will need to logon and move this amount to the trading account, thus compounding your earnings.

Of course, please don’t invest more than you can afford to lose. Use risk capital. I have fond trust in this site, but please do your own research!

If you believe this is for you, here’s how you get started:

  1. Register – point your browser to https://tcl.novatechfx.com/enroll , I suggest you do this on a computer, their mobile phone site is not optimal.
  2. Fill out the registration form. Should be self-explanatory.
Back Office Menu

You’ll be assigned an ID and an e-Wallet. The e-Wallet is your account on their site.

Once registered you’ll have access to “My Back Office”, which is your portal to view your account and profile. It is a comprehensive platform, so the back office is a bit wordy, but initially, not much will be useful. 

First, you will want to fund your account. 

To do so, login to your account, go to “My Back Office”. 

Upgrade account screenshot

Then click on “Funding”

Next you’ll click on “Upgrade Account”.

Now, you’ll see the PAMM upgrade page.

You’ll need to enter the amount in USD that you wish to deposit. Then, in the next section, select “CoinPayments”.

PAMM Account Page screenshot

Next you’ll get a payment page, with a BTC address to send your payment to. (Or another coin if you’ve selected that). Make sure you include the exact amount of the coin that you’re being billed.

Send your BTC in (within 24 hours)

You’ll receive email confirmation from CoinPayments.net once your payment has been received.

Then, on your My Back Office Page, you can click on QuickView (My Account), and you’ll see your account balances. Once your deposit has been accepted, it will show up under “Trading Balance”

That’s it! Once it shows up there, it is now going to be used for your PAMM account (the one that automatically invests for you).

You’ll get rewards once a week, on Friday morning. Then, you can reinvest into your trading account again, and begin a great cycle of compounding!

As you have probably noticed, you need to fund the account using crypto currency. 

How To Transfer Funds

Unfortunately, there is no option to pay directly in US-dollars, but fret not – I will be happy to help you go through this process. Using a crypto-exchange you can send your money into your own crypto-wallet, from which you can send the money to the account at Novatech FX. I suggest you start by signing up for an account at one of the below exchanges:

Crypto.com 

Binance

Coinbase

If you prefer another exchange, then by all means use that. Follow the instructions on either of these sites and soon you are in crypto-land 🙂

These sites all give you the option of transferring money via credit card or bank transfer.

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.

How To Lock In 2.5% Daily On Your Investment

How To Lock In 2.5% Daily On Your Investment

If you haven’t been living under a rock, you will have noticed that just about any market seems to be in a downward spiral. It makes for a sour mood where your senses are telling you to keep a great distance to investments of any kind. Here’s how to lock in 2.5% daily return on your investment.

If you have been investing before, you have probably told yourself “if only I had gone in earlier” or “why didn’t I see this stock was about to rise?”. So where can i put my money to earn the most interest?

It is extremely difficult to buy at all time lows and sell on all time highs — there really isn’t a formula for this, no matter what people are telling you.

But as in any other bear market we’ve ever had, the current one is not really a problem — it’s an opportunity! About now might just be the right time to push in your chips, if only we knew where, right?

In my view, the most exciting projects right now are Furio  and Drip, possibly Elephant and maybe Piston!

What they all have in common, except for being part of my recent investments, is the opportunity of daily compounding your stake, to grow your investment exponentially — even from a very small initial amount.

Furio

Today is about Furio.

Furio ($FUR token) rewards you with 1.75–2.5% daily return on your investment. Let’s do the math — investing just $1000 and compounding for 11 months. As this is written the current $FUR price is: 5.42268 USDC — so you will receive $FUR 183.34

First 28 days calculation

The First 28 Days

When you join, you will start by getting a daily return of 1.75% of your initial $FUR 183.34.

In 28 days with daily compounding, you will reach $FUR 298 – the reward for staying with the program and not yet claiming your daily returns is that  from now on you will start earning 2.5% daily interest.

 

5 Months of Compounding

Now keeping at compounding another 5 months and 2 days, your vault deposit will reach $FUR 13,030.00. So 6 months in you could change to a schedule of compounding 5 times weekly, but claiming twice a week. Let’s elaborate a little on what that means. The penalty of claiming twice a week is that your daily interest falls to 1.25% – which is stil very good, but now you are claiming $FUR 293 weekly – or USDC 1425 after “taxes”. And actually this amount grows, as you are still compounding 5 of 7 days in the week. The first month you can retrieve around $6000!

Can you invest $1000? Even half of that will give you a substantial extra income – so isn’t it time to get going…

Where Do I Get Started With Furio?

Here’s my referral link – start here:
https://app.furio.io?ref=0x41F7edc6ACe7652EA0E5Aee518556286c392D498

  1. Swap USDC (BEP20) for $FUR here: https://app.furio.io/.
  2. Make sure to add a referral ID and click the “Deposit directly to the Vault” checkbox. Feel free to use my Referral ID: 0x41F7edc6ACe7652EA0E5Aee518556286c392D498
  3. Return at least once per day to Compound or Claim. Auto-compounding is also an option and will make things easier, but possibly a little more expensive in transaction fees (gas)
  4. Welcome to the Cryptoid FAST Team

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.

“Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it

Albert Einstein

Don’t hesitate to reach out if you need help getting started with crypto investment or maybe you are not comfortable with crypto and web3 terms such as wallets, blockchain, DeFi and so on.

Telegram: teeceel.t.me

How to Use a Defi Platform to Earn Passive Income – Step by Step Guide to +$100K

How to Use a Defi Platform to Earn Passive Income – Step by Step Guide to +$100K

How to Use a Defi Platform to Earn Passive Income – Step by Step Guide to +$100K

Many people dream of the day when they can comfortably live off their investments and not rely on their job.

Do you know what it takes?

$100,000 a year seems like it will take care of all the necessities. Compounding crypto is your route to $100K. I thought it was going to be hard until I read about Drip. I kept wondering if it could be done and with a small investment.

What is Drip?

Drip Network is a decentralized platform on the Binance Smart Chain that gives you 1% rewards in Drip tokens each day. You can either sell your Drip tokens to get cash, or invest them back into your initial deposit to receive more Drip rewards. Follow this:

  1. You have 100 Drip in you deposit account
  2. Every day, you earn 1 Drip (1%)
  3. You can choose to claim that 1 Drip and sell it into something else (BNB, USD, EUR, …)
  4. Or you can compound – reinvest – it into your deposit, which will now hold 101 Drip. You will now be earning 1% of 101 drip every day, or 1.01 Drip.

So how is this sustainable you might be thinking?

Well, every buy, sell, transfer, deposit and so on is taxed 10%. It is these taxes that pay for the 1% rewards that are pushed out to all of us with Drip in our deposit accounts. Only exception to this is buying Drip on the Drip platform (0% tax) or reinvesting your deposit (5%).

Alright, ready to start on the journey toward $100K per year?

image showing graphs and candlesticks
1) Buy Drip on the Drip Platform

So, for this you need $2112 to spend. You can of course start with less or more, results will just come later/earlier.

Now you are ready to get started on the path to building a stream of passive income. The first thing you’ll need to do is convert your USD or other currency to BNB on the Binance Smart Chain and buy Drip within the ‘Fountain’ on the Drip platform (https://drip.community/fountain). Because we’re buying it on the platform, we do not have to pay a tax. At the current price (approx. $13), you now have 162.462 Drip.

2) Deposit Drip into the Faucet

The Faucet? undecided

You will probably get the water theme terms by now, so the faucet is the staking rewards deposit account on the platform. 1% a day is what you will receive once your Drip is in the faucet. As a result of the 10% tax, your balance will now show 146.215 drips. I will share my address if you need a buddy address: drip.community/faucet?buddy=0x41F7edc6ACe7652EA0E5Aee518556286c392D498

3) Receive your first Drip and Hydrate

I imagine coming up with all this was like a hike through the desert. Anyway, time to hydrate.

Once your Drip is in the Faucet, it will immediately start to generate the 1% daily rewards. About 24 hours later, it is time to make your first reinvestment into the Faucet, or ‘hydrate’ — which is what it is called on this platform ( 1% of 146.215 is 1.462 drip, but we also pay a 5% tax for ‘hydrating’, which puts our new balance in the faucet at 147.604 Drip. (146.215 + 1.462*0.95).

4) Hydrate Daily for a Year

You’ll continue to hydrate every day for 364 days. On the 364th day, we will have 4,567.67 Drip in our ‘Faucet’ account ($59,379 at the current price of $13), which means that we are earning roughly 43 Drip per day ($562 at the current price of $13). You’re now making enough to retire on a +100k salary!

5) Claim 4 Days a Week and Hydrate the Other 3 Days of the Week

So why not just claim your 1% every day and live off of that?

First of all, we need to keep in mind that the Faucet has a Max Payout of 3.65 times the deposit amount!

This Max Payout is the maximum amount that can be claimed (taken out of the Faucet) based on the current deposit amount. So our Max Payout at a deposit amount of 4,567 Drip is  16,671 Drip. This means that if we claimed every day, our Max Payout would stay the same, and we would stop getting our 1% reward once we hit 16,671 Drip (when ‘Claimed’ = ‘Max Payout’). But if we hydrated some days and claimed others, our deposit amount would continue to grow as well as our Max Payout amount. What we need to know is — what is the maximum amount of times we can claim a week so that we do not hit our Max Payout? The answer: if we claim 4 days a week and hydrate 3, we will not hit our Max Payout amount (until we hit the maximum-Max Payout amount of 100k Drip).

6) Retire or work less or ...

Regardless if you understand the last step, we now know that we should hydrate 3 days a week and can claim the other 4. So how does this math workout to a +100k salary? Let’s look at it:

  1. 4,567 Drip in the Faucet rewards 1% a day or 45.67 drip per day
  2. 45.67 Drip per day works out to $593.79 per day at the current price of $13
  3. There’s a 10% tax to claim Drip out of the Faucet, so $593.79 * 0.9 = $534.41 per day
  4. There’s another 10% tax to sell Drip, so $534.41 * 0.9 = $480.97 per day
  5. We’re claiming 4 days a week (as explained above), which works out to $480.97 * 4 = $1923.90 per week
  6. And with 52 weeks in a year, 52 * $1923.90= $100,042.94 a year → you’ve made it!

Note: To perform this exercise, we had to assume that the current price of $13 would stay the same over the course of the year. There has been a low of $2 and a high of $54 since the launch, so the price could fluctuate. After the 12 months, we would still be hydrating 3 times a week, increasing our deposit in the Faucet, so our salary would continue to increase over time. I mentioned that there is a maximum-Max Payout of Drip at 100k. If we add more to our deposit, the Max Payout in our Deposit will no longer grow, even if we add more. We will want to claim every day and transfer our money to another wallet in order to continue getting the 1% rewards.

Nothing in this article is to be construed as 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. The article may contain affiliate links.

Set To Go?

I hope you’re now about as excited as I was when I discovered Drip. It’s a revolutionary platform that provides a sustainable source of passive income. With a little patience and a little persistence (connect each day to click the hydrate button!) you can also realize your financial goal utilizing crypto compounding.

How to get started with DRIP

1. Go to https://drip.community/fountain and exchange BNB for DRIP using your Meta Mask wallet or Binance Smart Chain wallet. You’ll need at least 1.2 DRIP if you want to deposit it later to earn the rewards.

2. Go to https://drip.community/faucet to deposit the DRIP that you purchased. You’ll need to enter a buddy address in the Referral section in order to make a deposit (clicking the ‘Buddy Detected’ button will automatically populate my buddy address in the field).

Consider joining using my buddy address: 0x41F7edc6ACe7652EA0E5Aee518556286c392D498

3. Deposit at least 1.12 DRIP to receive 1 DRIP in your faucet (Note: Make sure you have enough BNB to pay for the gas fees which are typically ~0.01 or less per transaction. I suggest you leave 0.1 BNB)

4. Once deposited you’ll start to receive 1% daily. Every 24 hours compound by clicking the HYDRATE (re-compound) button.

Invest In Your Future

Invest In Your Future

Forex has often been called the ‘big money game’, it is a complex financial market where people come to make their fortunes. It is the biggest financial market in the world, with an average daily turnover of 5 trillion dollars.

A Forex trading system must meet certain criteria to be successful. The program should have a high win rate and be able to produce consistent profits even in trending markets. The program must also be easy enough for a novice trader to understand and implement, but still, provide enough depth to allow an expert analyst to have an edge over their competitors.

An experienced development team is searching day in – day out, testing every possible combination of indicators trying desperately to find the Holy Grail of Forex.

The Forex market is a fast-paced and extremely competitive place to trade, but with the help of our expert advisers, you will increase your chances of making a healthy profit. By removing all guesswork from your trading adventures, we have created a fully automated system that can operate on autopilot once set up.

You can have the confidence that our proven indicator sets are working for you whilst you sleep. There is no longer a need to stare at your screen all day waiting for the perfect moment to enter and exit trades. Our AI system will do it all for you, even keep track of your daily profit and loss and display it in an easy-to-read dashboard.

This is an opportunity to work with the best teams in the industry, dedicated to helping you achieve financial freedom.

The Forex market can be very intimidating for newcomers, but thanks to our technology and expertise this journey has never been easier. Join us today and let us help you invest in your future.

The Who, What, Why, and How of Forex trading | Gains and Profit

The Who, What, Why, and How of Forex trading | Gains and Profit

The forex market (also known as the foreign exchange market, forex, FX, and currency market) is the worldwide market for the trading of currencies. It has been estimated that $1.5 trillion worth of foreign exchange takes place every day, making it the largest market in the world.

The currency of a country is the unit in which money values are expressed. Currency trading involves the buying and selling of currencies for profit or to hedge against adverse movements, such as a drop in value due to inflation. Forex (foreign-exchange) markets are those that deal only in foreign exchange; these may be thought of as the casino of the financial world.

If you want to be a successful trader, then take note of a few simple, yet important tips:

·          Patience is key – You should stay calm and composed even if things are not going according to plan. It will take some time until you get used to your trading pattern.

·          Stay Organized – Make a schedule for yourself and make sure that you stick to it. By setting goals, this will also help keep your confidence up.

·          Leave Your Emotions Behind – Thou shall not trade on emotions! As a trader, your goal is to stay as cool as possible and never let your hopes or fears get in the way of your trading.

·          Have a Trading Plan – Before entering the market, you should have set rules for entry and exit points. Make sure that you stick to these rules at all times. You should never bend your trading rules no matter how much money you are making.

·                Stay Focused – Be in the present and don’t let your mind wander. You have to focus on the market at all times and not get distracted by other things that may come up during a trade.

·          Accept Losses – You should realize from the very start that losses are part of trading. There are ways to keep them to a minimum, though. The best way is to risk only 1% of your trading capital on each trade and have the proper stop-loss in place.

·          Don’t let Emotions take over – You should never deviate from your plan; rather than risking everything you make, you should aim for consistent growth.

·          Don’t trade too much – You should never open more than three trades at a time. It is very risky to be trading with many positions at the same time. If you want to do it, then keep your risks down by not risking more than 1% of your capital on each trade.