Update: How I’m Now Making $6720 a Month Passive Income from Crypto — My True Story

Flemming Arnott
Cryptozoa
Published in
5 min readDec 14, 2021

--

My monthly passive income has increased significantly and is likely to increase again very soon thanks to DRIP token price going up up up.

image source: depositphotos.com

If you haven’t read my previous DRIP journey stories you should probably read some now, or this won’t make much sense!…

The Brief Summary is This…

At the beginning of November 2021, I invested $13.5k into DRIP Network. I compounded the daily 1% interest, and by the beginning of December, I was withdrawing $2750 a month AFTER DRIP Network taxes (the ones that help to keep the system sustainable).

Then This Happened….

Then on December 6th, the DRIP smart contract was improved to address an issue with the way team rewards work, and this meant that my multi-wallet structure was no longer working as it originally had been… my daily rewards from hydrating my “self-referred” downline weren’t happening anymore. At first, I was horrified but quickly realized this was for the greater good! It meant that rewards were now working as intended.

I’d heard the main developer (Forex Shark) say in an interview that self-referring would not be profitable, but many people had found that to be untrue. Having multiple wallets “feeding” the rewards from daily compounding (“hydrating”) to the main “parent” wallet meant that the parent wallet didn’t need to be hydrated so much, and would continue to grow from the rewards coming to it from the self-referred downline. Sweeeeet. Until that loophole was fixed!

Fixing that loophole means the DRIP Network is more sustainable. This is really important because we all want to continue to grow our DRIP wallets and make a ton of money for the foreseeable future! So I decided I had better start hydrating my main/parent wallet for a while to build up its deposits even further, in order to increase the value of the 1% daily interest for that wallet.

Then Something Very Good Happened

I switched from “claiming” (withdrawing the 1% interest) every day to alternating between claiming and hydrating for a few days until something incredible happened… on December 10th Forex Shark announced the hard date for the launch of both the DRIP Liberation Contract and the DRIP Garden Game, and since then the price of DRIP has been on the rise — it’s been climbing steadily, unlike the rest of the tokens in my portfolio and it’s now at over $60! (it was $15-$19 when I initially invested).

So I’m back to claiming daily! This means that my monthly passive income after DRIP taxes is going to be approximately $6720. It also means that I will recoup my initial deposit much faster than I had anticipated (by mid-January, or possibly earlier if the price continues to rise!)

This is wonderful news for me!!

And it could be wonderful news for you too! It’s not too late to get into DRIP! In fact, if you get in now you will join approximately 21,000 other “drippers” (this number is growing rapidly with hundreds of new players investing daily) at an amazing time in this project’s story.

The much-anticipated Manor Farm is going live on 4th January, and is set to take Yield Farming to a whole new level. We are talking about incredible explosive growth for DRIP along with new opportunities to make significant profits from The Manor Farm. Plus, there are lots of other new DRIP-related projects on the horizon after the launch of Manor Farm!

DRIP is now (today) the 5th highest ranked DeFi application on BSC and will most likely keep climbing the rankings.

It’s an incredibly exciting time for DRIP!

I’m so pleased I got into DRIP when I did and if you’ve been sitting on the fence I wonder if this news is going to be sufficient to make you step up and dive into DRIP???

If this article has inspired you, and you would like me to be your buddy in the DRIP Network (and on the journey to wealth and very early retirement), I’d be honored! (note: you can’t invest without a buddy, please read my step-by-step guide to getting started with DRIP Network). I promise to be a good buddy and mentor to you, to encourage you, and help you to accelerate your earnings and ROI, and I can be your Drip guide and help you develop a strategy that’s right for you and your financial goals.

My buddy address is:
0xAcc646e707003383CC4077e37D67a9BC2cf32D0A

…and if you need a step-by-step guide to getting invested, I already wrote one that anyone can follow:

I am part of the Cryptozoa DRIP team. We are a global community of DRIP enthusiasts who are welcoming and helpful. We converse on our own private Telegram group where we share DRIP tips, strategies, breaking news, and more. If you would like to join in the conversation, please join the Cryptozoa team (buy getting into DRIP and using my Buddy address above), and then head over to the Cryptozoa Telegram Gateway. Let the admins on duty know that Farnott sent you — then once you are onboard find me and DM me, I’d love to hear from you!

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. ALWAYS DO YOUR OWN RESEARCH!

--

--

Marketing agency director. I help people create passive income and wealth for themselves by teaching them about new opportunities in crypto and DeFi.