📝 Brief Manual: Making Money in the Updated Crypto Landscape (Post-2021)
Glad to have you back! The market has become safer and more institutional, yet the principle for earning profits remains prioritizing safety. Disregard the risky leverage of 2021.
🔑 Crucial Modifications You Overlooked
* Prioritize Safety: The failures of FTX and Luna demonstrated that Self-Custody (keeping your own wallet) is the most crucial principle.
* Ethereum's Merge: The majority of passive income now derives from staking rather than mining.
3 Essential Low-Risk Income Strategies
These techniques emphasize safeguarding capital while producing returns:
* Liquid Staking (LSTs): This represents the new standard. Rather than stashing your ETH away, utilize tokens such as stETH to generate passive income while maintaining your asset's liquidity and usability.
* Tangible Assets (TA): The most significant change in security. Utilize stablecoins to generate yields supported by reliable assets such as US Treasury Bills, separating your profits from the volatility of cryptocurrencies.
* Verified DeFi Lending: Use trusted, audited platforms such as Aave or Compound to lend stablecoins (USDC/DAI). Steer clear of experimental initiatives that claim excessively high and unsustainable APYs.
The key takeaway: Prioritize self-custody and verified, clear returns. Cautious, gradual, and stable expansion is the leading approach in today's landscape.
