It’s been a bit since I’ve written in the Crypto Retirement Update series, and honestly that’s because things have been growing so quickly that I haven’t even had the time.

So in my last Crypto Retirement Update about DRIP I had earned $3,220 from DRIP in November, and was had $166.80 per day in DRIP earnings.

Since then, my team has grown a significant amount — as well as my daily amount available to claim or compound.

With the current price of DRIP ($72.95 as I’m writing) my current daily USD value available for me to claim or compound is $791. That is $791/day or $23k+/mo. My total December earnings were just over $13k.

So I guess you could say, things are getting pretty serious.

Like I said in the title, I’m going to step back and breathe for a few minutes — because what I’m seeing is everything starting to snowball and getting ready to explode even more than it has over the last month.

The launch of the Manor Farm, and the upcoming Animal Farm have created some serious electricity in the air for DRIP.

I got into the DRIP Garden on day 1 compounding every day, and then as soon as the Manor Farm launched on Jan 4th I got into the DRIP/BUSD LP Farm to earn REV Tokens as well. The Manor Farm stops giving rewards on Jan 18th. It was basically just a presale from the Animal Farm. There are a lot of elements that will continue (like the DRIP Garden and DRIP Liberation section to create DRIP/BUSD LP Tokens with no DRIP taxes taken out) — but we get a whole new concept.

I’m not an expert on yield farming, I’m mostly participating because I need to learn more about it all! But I can say that I’ve seen a LOT of excitement grow over the last few days (my own included) as we all start to get a better understanding of exactly how the Animal Farm will work.

So — if you’re looking for something new, go dive into The Manor Farm.

Back To DRIPAnother thing I’ve done over the last month or so is I’ve sworn off all other DeFi projects for now. There were just too many rugs and failed projects. I lost a not insignificant amount on Ring. As I was seeing that slip away, I had mentioned to several people that it’s ok — I’m not too stressed about it because I know that I can make it back over a week or two with DRIP if I needed it.

That made me step back and consider the fact that I’ve gotten into probably 12–15 DeFi projects over the last 4 months — and the ONLY project that has made me money and also been sustainable over that entire time, is DRIP.

Every single day, like clockwork I get my 1% from DRIP. I actually make a LOT more than 1% on my initial deposit though — but I’m going to write another story about that.

I’ve worked extremely hard, and built an incredible team. We have our own telegram group, along with the Cryptozoa Team telegram group where we all talk about various strategies and help answer questions when someone doesn’t quite follow along with what’s happening (Links at the bottom of the article).

Just this morning we had about a 30 minute long discussion about everyone’s strategies for the Animal Farm launch next week. It’s extremely valuable to have a close team environment where we all help and support each other.

We all have one common goal, and that is to make money. Sure some have side goals as well, like helping people to realize their own financial freedom — but at the core of it the goal is to make money. For me, for you, for my team members — and for everyone involved. And also, world peace!

So we all work together for that. We give feedback when someone writes an article, we discuss our strategies openly so others can gain from our ideas if they choose to. So much collaboration available if you want it. We help people grown their own teams, and welcome their new team members into the larger Cryptozoa community — so that they can gain the same support and benefits.

So there it is. I’m breathing this all in for a bit — enjoying the team community that I have helped build on Telegram — preparing for what I feel fairly certain will be a massive increase over the next month or so with the amount of new people joining DRIP.

December over 12,000 new people joined the DRIP network. That is more than double the November numbers. I bet January is double that. The Cryptozoa team was growing at about 12–15 members per day when I first started back in September. Yesterday we added 216 members, a new daily record. There are now over 8000 Cryptozoa team members.

The growth to this point is crazy, and it sure feels like we’re all just getting started. It’s still early. Come join us.

DRIP is a DeFi project that can provide passive income. You purchase your DRIP and deposit it into the faucet, then the faucet pays you 1% per day every single day in new DRIP tokens. You can choose to Hydrate (compound) your daily 1% back into your deposit so you receive more tomorrow, or you can choose to claim your earnings back out. That is an extremely simplified version, but hits the highlights. You can read more about it here: How I Could Buy All of My Christmas Presents This Year with Crypto, If I Wanted To! or you can see some of my very real numbers here: Crypto Retirement Update — 60 Days in DRIP, how does an extra $5,500/mo sound to you?

I will admit — I was a bit freaked out in the beginning about having to make my deposit, and only claim it out through the hydrate/claim method — as opposed to being able to pull my initial deposit back out at any time — but as I’ve gotten more comfortable with the DRIP Network, and look at the future projects getting ready to come out I wonder what would have happened if I had gone even bigger on my initial deposit.

I am part of the Cryptozoa DRIP team. We are a global community of DRIP enthusiasts who are welcoming and helpful. We converse on our own private Telegram group where we share DRIP tips, strategies, breaking news, and more. If you would like to join in the conversation, please join the Cryptozoa team (by getting into DRIP and using my Buddy address above), and then head over to my Personal Telegram Gateway. I can help you get going with DRIP if you need it, or answer any questions you have as well (to the best of my ability!)

Nothing in this article is to be construed as investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. The article may contain affiliate links.

Well, it’s quite simple really. As we often repeat, DIGITALAX is building out as the core infrastructure and protocol layer for digital fashion and its existence in the metaverse. With that said, our ultimate roadmap is centering as the distribution hub for every digital environment and realm. If we were to prioritise, at this stage, integrating with a platform like VR Chat it wouldn’t align with our current focus, which really is making sure we are building out the base infrastructure first. Think of DIGITALAX as a Layer 1 for the digital fashion industry and the metaverse. We see individual digital environments as Layer 2s. They can build on us when the time comes.

Wow. This is a low blow. As the industry keeps growing, so will the failings of the ICO era resurface in different forms.

Isn’t a bit sad that people have to resort to these scams instead of creating value and art for themselves. Some things never change, but, as we become more mature in our onboarding and education, hopefully a lot of these growing pains will diminish quickly. Be careful out there.

The silly fail and troll is all of the people that doubted Nas and co and early believers in the power of cryptocurrency. “I’m Coinbased, basically cryptocurrency Scarface. Join us, there’s gotta be more of us.”

Wormhole offered a $ 10 million reward for returning the funds and announcing to members that everything was fine and the money would be returned.It is the second-largest achievement of DeFi (Decentralized Finance, technology that eliminates the control that money has over money) of all time, immediately after the $ 600 million cryptocurrency robbery from Poly Network, and is the biggest attack so far on Solana, a rival to Ethereum that is gaining ground in the non-fungal token (NFT) and decentralized finance ecosystems.Ethereum is the most widely used blockchain network and a major player in the DeFi world, where programmable pieces of code known as smart contracts can replace intermediaries such as banks and lawyers in certain types of business transactions. A more recently introduced competitor, Solana, is becoming more and more popular because it is cheaper and faster to use than Ethereum.

Wormhole platform offCryptocurrency holders often do not operate exclusively within a single blockchain ecosystem, so developers have built bridges to allow users to send cryptocurrencies from one chain to another. Wormhole is a protocol that allows users to move their assets between Solana and Ethereum.Developers representing Wormhole have confirmed the attack on their Twitter account, saying the network is “shut down for maintenance” while analyzing a “potential exploit”. The official website of the protocol is currently offline.An analysis by blockchain cybersecurity firm CertiK shows that the attacker’s profits so far amount to at least $ 251 million worth of Ethereum, nearly $ 47 million in Solana, and over $ 4 million in USDC, a stable coin anchored by the price of the US dollar.

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But this is actually an age old question and an equation in fact.

Risk vs. Reward

We want the most amount of reward with the least amount of risk.

We could define reward as what we might get for our money when we invest.

We could define risk as what we might lose from our money when we invest.

The problem is, in most cases, when we increase reward we get a directly correlated increase with risk.

More reward creates more risk.

Less reward creates less risk.

So how do we invest so we can be as profitable as possible and as safe as possible; getting the most reward with the least risk?

I’ve covered this before and I’ll cover it again. The word invest actually at its root means “to clothe your capital” (to putting clothing on your money). We are clothing our money with the things we invest in just like we would clothe ourselves.

I only wear clothing on myself (and on my money!) that meet the following criteria:

If an article of clothing (asset) doesn’t meet all of these criteria, I’m not buying it.

In fact, if all of these criteria are met, I’ve increased the safety of my investment exponentially and I have reduced my risk and probably optimized my returns.

But there is 1 other major way that I make sure my investments are safe.

It is called Intrinsic Value.

There are technical definitions to this but I’m going to give you mine because it’s the most simple and easy to understand.

Obviously when we invest, if it goes well, we are getting a rate of return right? Which means a rate of return almost becomes a commodity and it is very easy to simply go around looking at charts and chasing the highest return.

So when I invest I ask myself, other than a rate of return, what am I getting?

Why? Because a rate of return isn’t guaranteed. So if I don’t get a rate of return, have I lost everything or do I still have something of value? If the answer is that I still have something of value even without a rate of return, that is Intrinsic Value. If I don’t, I have lesser or even no intrinsic value.

Here is an example of intrinsic value:

I buy a local business as an investment. That business has shown a strong profit and they also own lots of assets. They have a building, equipment, inventory, intellectual property, a list of clients, talented staff and systems and procedures in place for running the business. If I buy this business and it fails and is unprofitable, I don’t earn a return. But I still own the building, equipment, inventory, etc. I can keep these things and use them myself, I can sell them, or I can repurpose them to start another business. To a degree, I have some downside protection and my money is safe because I bought real assets that have Intrinsic Value.

Here is an example of no intrinsic value:

I invest in a new Crypto. It has only been around a few years, but in the time it has existed, it has earned triple digit returns. But it is not actually a currency and does not provide any real utility value other than the ability to be bought, sold and transferred. It doesn’t pay a yield and there are no underlying assets. If this new Crypto fails and is unprofitable, when do I have? I have nothing I can personally use, I have nothing I can really sell to someone else for them to use and I can’t repurpose it or use it for something else because it doesn’t do anything other than be bought, sold or transferred. I have no downside protection and my money is not safe because I bought virtual assets that have no intrinsic value. (Hint: if something is “virtually” an asset, that means it isn’t one. If I “virtually” bought a Ferrari it means I don’t actually own a Ferrari.)

This is the case for digital/virtual assets and also for many paper assets.

So how to I invest safely?

By investing for Intrinsic Value. By diversifying the value I receive out of just a Rate of Return and pegging it to real assets that I own and can use regardless of performance, I am getting something for my money no matter how the returns are. And if I check off all of the boxes for clothing my capital then the returns should be there too and then I get both!

So what are some examples of things that have Intrinsic Value?

The other thing I can focus on is investing in things that pay an income. If an asset pays an income it means I don’t have to sell it to make money. I can just hold onto it and it will pay me. What does this mean? That to a degree, the price of it doesn’t matter because I have no plans to sell. So if the market for that asset “crashes” I don’t care because it pays me and I don’t intend to sell. You see, if an asset pays me no income, then it’s a very big deal if the market crashes because selling the asset is the only way I can make a profit as an investor. So if it crashes, I can’t sell it for as much money as before and therefore I make less profit or even no profit.

The idea that investing has to be risky is a myth. The truth is 90% of people don’t actually know how to invest. Many of them are actually speculating (gambling or betting) and think they’re investing.

In summary,

Invest in what you like.

Invest in what you understand.

Invest in what fits you.

Invest in what fits the occasion you need it for.

Invest in things that are vital and not fads.

Invest in things that are not overpriced.

Invest in things that are real and have intrinsic value.

Invest in things that pay you an income.

If you do all of these things, you will ensure you invest and keep your money safe!

I hope this has been helpful for you and I am going to include a free course that I taught on my 6 favorite investments below!

I also teach a new online course on Finances every Friday night at 10:00 pm EST from my office in Tampa, FL. This week I am going to talk in detail about the safest ways to invest and how to keep our money safe when we do invest.

I want to invite you to register for that for free by clicking here!

Here is the free video on my 6 favorite investments:

To Purpose, Wealth & Freedom,

Jerry Fetta

Jerry Fetta is the CEO and Founder of Wealth DynamX. He is a nationally recognized financial expert featured in Forbes, Yahoo Finance, Fox, Chicago Weekly News, New York Finance, interviewed on over 45 podcasts with world renowned experts, earning endorsements and affiliations throughout his career with names like Kevin O’Leary, Grant Cardone, Dave Ramsey, and Pamela Yellen.

Jerry’s mission in life is to help create millions of financially educated and solvent families achieving greater financial freedom and sharing the truth about money with those around them.

Learn more at www.WealthDynamX.com

(DISCLAIMER: The information in this content should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Wealth DynamX can and does not provide advice unless/until engaged by you.)