Day 10 – our sights on the future

Yesterday already showed us that the routine is realy setting in. By using the faucets and games consistently we have managed to get a steady revenue stream  with a range between $ 6 and $10 on average daily and today falls well within this average, with a clean $ 6 from the faucets, a steady $1 in SHIB from the games and we added another 14 Space tokens to the pool.

As stated in the previous report, today we had an additional $ 13 coming in which brings the total of OSMO tokens to $ 44’s worth, so if we keep true to our routine we should hit $ 50 and start the staking for OSMOSIS at 22% yearly. Like with the staked ATOM tokens this generates roughly $ 1 in interest monthly, so with the second passive income stream we added we will have doubled the passive revenue, just like that. We will continue to add more streams until we have reached 10 staked tokens. This will ensure we have diversified enough, which minimizes risk. As you know crypto is volatile and can rise and fall in a matter of minutes. It is only when we swap the tokens for Stabile coins they will be in calmer waters, but that is the last step in this process and we are not there yet, and won’t be for quite some time so we diversify our income streams.

Once the ten streams have been set up we will keep on growing them in the same fashion we are setting them up, by hitting the faucets, games and PTC sections to make that daily $6 on average and in addition we will be re-staking the interest we earn from staking on a monthly basis and the first goal there will be staking $ 1500 worth per staked token, because once we reached that, we are looking at approximately $ 1 a day per token, so we will be having $ 10 every day in passive income we can use to build up more streams by staking more tokens and the speed to do it more than doubles because we keep implementing the routine.

Of course the above still sounds and actually is very far away, but it is important to understand what you are building towards because that way you can work much more efficiently towards the goal. Our deadline is the start of the next Bull market where we stand to make bank on all our efforts we are making now, while at the same time playing it safe because through staking the compounding interest we ensure we will make bank eventually no matter what happens. The only thing that varies is the time it takes. The outcome will always be the same. We will make an excellent living from Crypto once we are done.

Anyway, it looks like tomorrow we will once again be a small step closer to the goal and we can start setting up KAVA and after that pick the next tokens to start staking with after that. If we keep getting smooth sailing like we have in the last ten days we should have ten passive income streams in approximately one month and that is making excellent time in my book!

See you tomorrow for the report on day 11!