How to Make Passive Income with Crypto

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When I first heard about crypto, I thought it was a scam.

Another “get rich quick scheme.”

And honestly, a “fool’s way” to invest your money.

It was a new asset class that just seemed way “too young” for me to invest in, compared to stocks, bonds, etc.

But then I did some digging, and I realized that the individuals who are making money in crypto are “the early adopters”.

But here’s the problem with being an “early adopter”: once the market gets saturated and everybody hops on the “hype train” the likelihood that you can continue to get fat returns diminishes.

Your current trading strategy busts, you make an error in picking the wrong coin, and you start from ground zero again - but now you’ve been through an emotional rollercoaster with less money to your name.

Yeah, in this article we won’t talk about the newest “hype strategies”. My goal is to teach you a “new way of thinking” about how you should look at crypto, and introduce a plan that has helped me that I think could help you make passive income.

Ready to make passive income with crypto?

But First, Let’s Go To The Basic Understanding of “Investments”

“The Individual Investor Should Act Consistently As An Investor and Not as a Speculator. - Benjamin Graham, author of Intelligent Investor”

At its core, investing should make you more money than what you initially put in.

But let’s focus on what it’s not:

It’s not investing in something because you took a recommendation by a friend…or YouTuber

It’s not letting your emotions dictate when you sell or when you buy an investment

It’s not having your eyes glued to a screen with a heart drop of anxiety every time you lose a penny

Investing is incredibly boring.

Making passive income is incredibly boring.

Why?

Because you should prefer consistency and stability in your gains, over booms and busts.

The principles of investing should remain the same no matter if you’re investing in cryptocurrency or another asset class.

Basic Principles You Should Know

Don’t invest more than what you can lose, be okay with losing 100% of it

Do your research

Diversify, Diversify, Diversify

Making Passive Income on Crypto with The Plan by Dan Hollings

Now that we’re clear on how we should approach investing with crypto.

Let me show you the steps I took to make passive income off of crypto currency. We’re going to discuss a high-level overview of the strategy and my results above.

Complete transparency. I’m an affiliate for the course that I’m going to recommend. But, I 1000% recommend it as it has done wonders for myself.

HOWEVER, my goal is to inform you of an opportunity I took, that is all. If you decide to purchase the course from my affiliate link, know that I get a commission off of the sale at no extra cost to you. Affiliate income is one of the many ways I make money from blogging, and it allows me to write more articles for you. I would really appreciate it, but it’s in no way a requirement to get started with The Plan by Dan Hollings.

The High-Level Overview

While I can’t give you the step-by-step process (I signed an NDA), I can give you a high-level overview of what I did with The Plan by Dan Hollings to make passive income off of crypto.

Some terminology you should know:

Coin pairs are like the concept of buying/selling stocks.

Bots are like “mini workers”. Instead of you doing manual trading, you have a program (also known as a bot do it for you).

Essentially, with the Plan by Dan Hollings, you learn how to program a bot to train crypto coin pairs for you.

The bot works by making “mini trades” as the price of the coin pairs go up or down.

For example, you would normally manually buy an asset price at $1, and then you manually sell it at $1.20, you make a .20 cent profit.

Or, you decide to make money when the asset is at a lower price. For example, you manually buy an asset at $1, and then the price of the asset goes to .80 cents, then you still make a .20 cent profit.

With the crypto trading bot in place, the bot makes both buy/sell orders for you - without you having to be present. Henceforth, that’s what makes having this crypto bot a source of passive income.

The Plan by Dan Hollings will show you how to set the parameters for buying and selling the crypto assets without losing money. I can safely say I haven’t lost money with this course. My results will not be your results.

Speaking Of, Let’s Talk About My Passive Income Results

“Well Tina, you said you haven’t lost money? But I see a big -66.53% red number in your picture?”

Great question, I still haven’t lost money.

Here’s why.

For example, let’s say you buy a house for $100,000.

And then suddenly the market crashes and now your house is worth $90,000 - In theory, that means you lost $10,000.

BUT, you don’t realize the loss until you actually go to sell.

We showed a similar concept for my results above.

Now, I could have just cut off that portion of the screenshot. But alas, I have integrity. I don’t give BS and I tell you how it is - I'm in service to you.

So technically, I haven’t lost money on that bot because I haven’t sold my position to realize the loss.

There are a lot of reasons I’ve kept it, mostly because I have a belief the asset will bounce back - thankfully the support team with The Plan by Dan Hollings has been helpful in giving me an exit strategy if necessary (a true test to their great customer support).

Where Do I Get More Information About The Plan by Dan Hollings

If you’re wanting to learn more information about how to get started with The Plan by Dan Hollings, I recommend you sign up for their webinar, or get their free wiggle factor report in case you missed the webinar registration.

If you happen to catch the webinar, they’ve informed me they’re giving away $500 to 5 random winners who attend the call. There is no cost to attend their webinar and you could have the potential to be one of those lucky $500 winners.

Either way, my goal is to share with you an opportunity that has worked for me. Again, I am an affiliate for this course. Any purchase you make through my links will give me a commission at no extra cost to you. If my article or content has been helpful to you, please purchase from my affiliate link. It’s a small step that goes a long way in supporting me.

I’ve been honest with my experience, and if it works for you great, if not no worries - there is no pressure to buy if you’re not ready.

I have a more in-depth review on my experience with The Plan by Dan Hollings Here:

In summary, I’ve shared with you the fundamental principles of investing. I’ve also shared with you an opportunity to learn how to make passive income with The Plan by Dan Hollings. If you decide to sign up for the course, I make a commission at no extra cost to you. Attend their webinar as you could be one of the 5 lucky individuals who win $500 - there is no cost to attend the webinar.

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