One-Minute DRIP Part 3
There are many ways to DRIP
In Part 2, I talked about the magic of hydration in the abstract. Now, let’s take a look at a couple of concrete examples. Both are based on an initial deposit of 10 DRIP, which will be 9 DRIP after the 10% deposit fee. Here are two common approaches:
- Hydrate Like a Boss: do nothing but hydrate for an extended period of time. By deferring withdrawals, you will reach higher payouts in a shorter period of time.
- Every Other Day: this will give you some passive income right away and allow you to begin to recoup your initial investment. As you continue, the amount you claim and compound will increase, but not as quickly as the previous strategy.
The results for the first 2 years are below. Both strategies will result in the same 100,000 DRIP maximum, but the first will get there a lot more quickly. Of course, it is also possible to combine the approaches to find what works best for you.
I hope you realize how remarkable these numbers are. 2.83 DRIP at today’s price of $30 is $84.90 a day, and 89.5 DRIP is $2,685! And the amounts go up from there!
In the next article, I will explain what happens as you approach the maximum payout. See you there! — Dex G
I am very happy to help you get going with DRIP. Feel free to reach out to me on Telegram: @xDexG (note the extra ‘x’ before Dex). If you use my buddy code, I will help you through the process step-by-step.
Go here to join DRIP: drip.community/faucet?buddy=0x6041de7003247d15FcBfDd61A82ae634FF94149F
You will need a Buddy (referral) to join DRIP. If you would like to use my Buddy code, here it is: 0x6041de7003247d15FcBfDd61A82ae634FF94149F
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.
