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Crypto Cash Flow, the key to passive income - THE NEW NORMAL EP 17
The key to financial freedom is cash flow. If you HAVE a ton of assets but no money to pay your bills, than you're going to be in trouble. Now what if I told you there was a way to generate cashflow by just owning Crypto. How can this be done? You’re about to find out.
MacNCheeasy and Jesse Friedland break down this crypto topic so anyone can understand in THIS WEEKS episode of The New Normal.
NEW EPISODES EVERY TUESDAY.
Discord: https://discord.gg/esTPa2aa65
Youtube: https://www.youtube.com/channel/UCFeFVytEkT8kaqPCJZGFswg
Timestamps:
00:00 – Intro
01:05 – Generating income with assets
02:19 – What is leveraging?
06:09 – How do you leverage with crypto?
08:00 – What is the magic of compounding?
10:05 – Where to find places to leverage your crypto
12:28 – Playing the game of yield farming
14:00 – Decentralized yield farming options
19:20 – Utilize incentive programs that pay you to borrow
22:07 – What are the risks associated with leveraging?
23:53 – Impermanent loss
30:25 – Staking: the less risky option
33:05 – What tools can you use to track your yields?
35:35 – Where do we personally farm?
37:20 – Leveraging assets means financial freedom
38:14 – Closing thoughts
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By The Incubator
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The key to financial freedom is cash flow. If you HAVE a ton of assets but no money to pay your bills, than you're going to be in trouble. Now what if I told you there was a way to generate cashflow by just owning Crypto. How can this be done? You’re about to find out.
MacNCheeasy and Jesse Friedland break down this crypto topic so anyone can understand in THIS WEEKS episode of The New Normal.
NEW EPISODES EVERY TUESDAY.
Discord: https://discord.gg/esTPa2aa65
Youtube: https://www.youtube.com/channel/UCFeFVytEkT8kaqPCJZGFswg
Timestamps:
00:00 – Intro
01:05 – Generating income with assets
02:19 – What is leveraging?
06:09 – How do you leverage with crypto?
08:00 – What is the magic of compounding?
10:05 – Where to find places to leverage your crypto
12:28 – Playing the game of yield farming
14:00 – Decentralized yield farming options
19:20 – Utilize incentive programs that pay you to borrow
22:07 – What are the risks associated with leveraging?
23:53 – Impermanent loss
30:25 – Staking: the less risky option
33:05 – What tools can you use to track your yields?
35:35 – Where do we personally farm?
37:20 – Leveraging assets means financial freedom
38:14 – Closing thoughts