$1,000+ Per Day Yield Farming BTC and ETH | Crypto Passive Income

Summary

In this video, the speaker discusses the ongoing opportunities for yield farming in a bull market, emphasizing the potential for passive income by staying correlated with assets like Bitcoin and Ethereum. They share their own success, earning $40,000 a month through crypto investments, while also focusing on financial freedom through decentralized finance. The speaker encourages viewers to treat their crypto portfolio like a business, continuously reinvesting profits to build long-term wealth. The next year is expected to be highly lucrative, and they urge others to take advantage of the opportunities available in the crypto space.

Takeaways

• 😀 Yield farming is still a profitable strategy during bullish markets, as it allows for both cash flow and price appreciation.
• 😀 You can earn consistent yield by focusing on high-correlation assets like Bitcoin (BTC) and Ethereum (ETH), even during market fluctuations.
• 😀 The speaker demonstrates their success with a portfolio generating up to $40,000/month, showcasing the potential of yield farming.
• 😀 The strategy involves taking profits, reinvesting them, and moving funds into more stable assets like BTC and ETH to build long-term wealth.
• 😀 During sideways markets, yield farming focuses on generating fees, while in bullish markets, the focus shifts to price appreciation.
• 😀 Financial freedom is achievable by treating your crypto portfolio like a business—tracking profits, maintaining a balance sheet, and reinvesting wisely.
• 😀 Market correlation is key—when BTC and ETH are closely correlated, investing in liquidity pools that include these assets can be highly profitable.
• 😀 Crypto is a tool for achieving financial independence and freedom, as it allows individuals to escape traditional systems and build their wealth without relying on centralized institutions.
• 😀 The upcoming year is expected to be highly lucrative for those who understand and capitalize on the opportunities in the crypto space.
• 😀 Everyone has access to the potential of yield farming and crypto investments, not just the elite—there are opportunities available for everyone willing to learn and act.
• 😀 The speaker urges viewers to stop being distracted by non-essential activities and to focus on the financial opportunities in front of them, emphasizing the importance of making smart, informed decisions in the next 12 months.

Q & A

What is yield farming, and why is it important during a bull market?

Yield farming is the practice of earning rewards by providing liquidity to decentralized finance (DeFi) platforms. During a bull market, yield farming becomes even more lucrative because, in addition to the rewards from liquidity provision, the value of assets like BTC and ETH also increases, allowing investors to benefit from both passive income and price appreciation.

How much is the speaker making through yield farming each month?

The speaker is making approximately $40,000 a month from yield farming, which translates to around $55 per hour, passively, by leveraging their crypto portfolio.

What assets does the speaker focus on in their portfolio?

The speaker focuses mainly on BTC (Bitcoin) and ETH (Ethereum), with about 95% of their portfolio consisting of wrapped ETH and BTC, as these assets are highly correlated and offer consistent returns.

What is the significance of staying in correlated assets like BTC and ETH?

Staying in correlated assets like BTC and ETH allows for more predictable and consistent returns, as the price movements of these assets tend to align closely. This reduces risk while still providing the potential for both yield and price appreciation.

What strategies are suggested for different market conditions?

In a bull market, the strategy involves focusing on both yield generation and price appreciation. In a bear market, the focus shifts more toward generating yield and less on price appreciation, as the market may not be favorable for significant asset growth.

How does the speaker reinvest their earnings from yield farming?

The speaker takes their profits from yield farming and reinvests them into their 'Bull Run bag,' which is a portfolio of assets designed to benefit from price appreciation during a bull market. This is part of a long-term strategy for wealth building.

What is the speaker's target return on investment per month?

The speaker aims for a 10% return on investment per month. This is achievable with their yield farming strategy and the price appreciation of their assets like BTC and ETH.

Why is the next year expected to be lucrative for crypto investors?

The next year is expected to be lucrative because of the combination of earning yield from crypto investments and the potential for significant price appreciation. As more people become aware of the opportunities in crypto, there are numerous ways to profit from both yield farming and asset growth.

How does the speaker treat their crypto portfolio differently from others?

The speaker treats their crypto portfolio like a business. This involves managing it with a profit and loss (P&L) mindset, tracking cash flow, and reinvesting profits into high-value assets. This strategic approach contrasts with casual or speculative approaches often seen in the crypto space.

What is the speaker's mission regarding financial freedom?

The speaker's mission is to help others achieve financial freedom through decentralized finance (DeFi) and crypto investing. They believe that by embracing these tools, individuals can break free from traditional financial systems, gain control over their finances, and contribute meaningfully to society without relying on authority figures.