4 Ways to Become Crypto-Rich With DeFi

For most people, the main way to make money from crypto is trading it or holding it until it appreciates. While these ways are lucrative, they’re just a scratch of what’s possible with crypto and the blockchain. In this article, you’ll learn how to become crypto-rich with decentralized finance (DeFi).

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17 thoughts on “4 Ways to Become Crypto-Rich With DeFi”

  1. Good article. But doesnt hurt if you also provide the risks associated with each of the mechanisms. There’s no free money and lots of new people in this space who’ll just jump in based on the APY.

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  2. Staking does more than enough for me. DAFI is my favourite there with super staking(especially with the super low cap). Then other POS staking.
    Nothing complicated. Less risk

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  3. Another good way to make money from DeFi Is through liquidity pools.
    Its always cool to earn passively especially when you can do so with reduced risk.
    Spool offers users the opportunity to earn by diversifying their funds on several yield generators

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  4. Thank you for sharing this article, buddy. We all want to be rich one way or another, and I agree that DeFi can, but it comes with a risk. To do so, we need to have proper knowledge & guidance or, in short, DYOR. In my research, I’ve come across RAMP DeFi. It is a DeFi lending platform that gives users some of the highest deposit yields and lowest borrowing fees on collateral assets w/in BSC & Polygon. Plus, recently, RAMP is now live on Avalanche, and Coinbase users can directly connect their wallet to Ramp’s platform. With 2022 still ahead of us, big things are coming!

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  5. You can stake mate. passive income is the best. staking with Ekta will definitely help you. Holding ekta tokens for 12 months would have 150% APR. You should check them out

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  6. One of the best ways to make money is from staking on pre-minings, buying presales or basically getting airdrops. I’m currently staking my Plug tokens to get otto tokens. I won’t say much, but I found that otto tokens would be very valuable when launched. That’s all I can say

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  7. Those ways will not make you “crypto-rich” but rather provide a steady income over the profits that you already made with trading / holding.

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  8. Knowing the basics of DeFi = becoming crypto-rich on an instant.

    Nice!

    Thank you ser, going to show this article to my frens managing treasuries.

    Seriously. I’m getting fed up with this “insane-rich” shit. Try to build wealth for the long run.

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  9. just buy high caps like BTC and ETH and hold the pegged version as tenBTC and tenETH on teneo, you will earn passive income without staking

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  10. Thanks for sharing your view… But I equally learnt another strategy in this dip. That’s all about stable coins staking in liquidity generators. Have been able to use AAVE, IDLE CURVE and then waiting for SPOOL platform to go live since it has more optimized features…

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  11. Nice text there. Everybody says here that you got to mention risks also. I agree with them. In crypto it is important to catch up reliable project. That for sure will reduce risks. If you jump on some unknown defi with huge APR (which never decrease) then you are maybe in huge risk to loose money.
    That’s why I like Nereus finance which is financed with 5bln WXT tokens from Wirex. Wirex is reliable veteran in Crypto world. They were the first who had crypto debit card. That is just one example, but there are more good projects for sure. Always DYOR. 🙂

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