Maximizing Passive Income in Cryptocurrency: A Comprehensive Guide

hello everyone uh welcome to episode 33 of my cryptocurrency investing series and in episode 24 we had started with

decentralized finance and how you can earn passively with your crypto rather than just trading it or holding it you

know when you're holding your cryptocurrency how you can earn passive money or passive income with your

cryptocurrency now today we'll be looking at uh how much money can you actually passively earn with your crypto

and what is the potential and how you can safely do it i mean there are a lot of options to earn passively if you've

been following my cryptocurrency series on decentralized finance but um you know how can you do it safely especially in

avoiding impermanent loss making sure initial investment is safe and what are the tips and tricks and some of the

strategies so as usual starting with a disclaimer i'm not a financial advisor or an investment expert i'm only doing

this based on my own personal experience to understand or to make you understand the process how to explain the process

in the way that i have understood it also never send your money to professional brokers or so called

professional brokers or investment advisors most of them are frauds or scammers or after the money so your

money you invested so let me start off with an example uh because this is a typical question right how much money

can we actually get in decentralized finance as a passive income so i'm going to use one example like i always do i'm

going to use a personal example to sue to show you how much you can earn so i invested about nine thousand dollars

into a crypto that was my huddle crypto that was something that i had invested for growth potential now out of that i

got a passive income from about uh nine thousand dollars of investment in just thirty days i got about thousand five

hundred dollars with zero risk of impermanent loss so instead of liquidity pool mining where you are providing it

into a liquidity pool i did a single asset ah yield farming cutting the risk of impermanent last totally which i had

explained in episode 24 and 25 with examples now um so that my invested amount my

invested amount is safe from impermanent loss and it is a hodel as i always said so but you know the the amount of money

that i was able to earn in a month or less than a month was about 1500 so we will look into how we were able to

do it and how uh what crypto that i was investing and and what kind of eel farming i was doing in a bit more detail

but before that uh if you want to follow me on twitter my twitter handle is other at chennai to london

people have been asking me to create a closed group or a whatsap group i haven't created telegram group or awards

group but i'm active on twitter and i always share uh updates about new cryptos that i'm getting into our

new portfolios that i'm getting into so if you want to follow me and if you don't have a twitter account it is a

very quick process to create twitter account and it's easy to follow not just me but also many other people um because

you get a lot of information from crypto about crypto in twitter the basic investing strategy in crypto

right so let's just refresh ourselves from episode one if you've been following me

what we've been doing is we've been looking at crypto um to understand that there is an intrinsic use case for the

new projects that are coming up and we research and identify these cryptos in an early stage where they

have a strong technical team and a strong idea behind it and by investing early in those cryptos it is just like a

share trading where you're investing in a company in its early stages with the expectation that it's going to grow up

so by investing early we have seen most of the time that we've seen that we get profits of 200 percent easily in like a

few days time and even thousand percent in uh in a couple of months or a few months time and some cases we've been

seeing exploding growth for example wrx is a currency that i mentioned in episode three about wazirex which was

about five rupees at that point of time and exploded to about 400 rupees in about you know five or six months time

from september last year to the to this year and it was about an 80 times growth so if you had invested about 5 000

rupees into wrx like i had mentioned in episode 3 you would have got probably about four lakh people like many other

people who had commented on my channel saying that they had invested that kind of amount and now they're sitting at a

very high profit because of the value that it had gone up to that's the foundation of crypto investing so we

should never forget the fact that we are in crypto because not because of blind luck or not just plainly to follow up

crypto uh to make sure that we understand the project that we are getting into and the fact that because

we are getting into a project at an early stage and there is an expectation or a potential for growth

but we also saw that there was an 80 20 rule that i had explained in episode 15 where

uh how you can realize profits on a frequent basis because the reason is if you keep your cryptos just sitting idle

and while waiting for the price to increase there are always fluctuations that happen in the market and especially

the volatility of the crypto what makes it special as well so how to use that volatility or how to use

that uh price fluctuations to your advantage is what i showed in episode 15 where you can take 20 percent of your

crypto and you can keep realizing profits over and over again in a cyclical and repeated fashion i had even

shared an excel template that i am using and shared it freely in that episode in episode 15 and i explained in a detailed

demo how you can make a decent amount of money a lot of people had given feedback even on that video that they've been

following that process diligently and they've been making a decent amount of money regardless of how the market is

doing but to do that to do what explained in episode 15 you need a lot of time invested i mean you need to be

looking at the charts much more closely and you need to be following the prices on a much more closer braces but

if you still want to take interim profits and you don't have that much time that you are not able to follow it

that frequently that is where decentralized finance comes in where we all know that investing in cryptos

come with an inherent risk and you know volatility is pretty high that we've seen a big market crash in june and july

this year so to cover part of that risk by putting it into a passive income or putting it into a

process where you get a passive income on daily basis on a weekly basis monthly basis you are having liquidity or you're

able to take out liquidity um from the crypto and this if you're able to do it on a daily basis and you either you take

part of the money out or you can reinvest part of the money as well so you are you're also able to dollar cost

averaging when uh the market is actually doing or do it's going down so the profits that i was making from

decentralized finance part of it i was actually reinvesting it in the market crash so that i was able to buy more of

the cryptos that i was investing in and then that gives me a cyclical profit so how much did we actually earn in the

in that process like i said uh thousand five hundred dollars what crypto was it so it was cake from pancake swap that i

had explained in episode 25 in detail and how to um get yield out of pancake swap so cake was already one of my

huddle tokens i mean i've been highlighting my top six or eight tokens and cake was one of it already but

instead of keeping it idle and instead of putting it into a liquidity pool where it is going to give

me a impermanent loss and put it into a a single asset deal too so you can see here as an example where i had 380 k

which is roughly about 9000 and i harvested about 318 c98 c98 is a coin that i had highlighted in my

twitter as well earlier this month in august so you can see it in the pancake swap as well that i have invested about

380 cake which is roughly about 9 000 in today's value

so uh on an average this was roughly around this month so i'm just going to assume that the value was that and right

now unharvested c98 is itself is about 1.3 c98 about 6.39 now let's just take this into a

calculation and see how much i actually made with that c98 that i harvested so 318 c98 in today's average price of five

dollars is about thousand five ninety dollars that's a return of investment of nearly about 209 apr but how is that

possible because uh in pancakes map eel farming apr was only about 70 the reason is we uh we research in the

project that we are going to invest in even for yield forming so you don't you know pancakes map has got about 15 or 20

different projects you don't put it into a random project you research on which one is likely to increase in value so

initially the c98 price was about 1.1 dollars so when we were eel farming initially it was growing or accumulating

at a higher pace because the c98 value was only one point one dollars so later when it grew to five dollars or 318 um

c98 which should have technically been about 320 is now about thousand five hundred

dollars because of the fact that it had a exponential growth as well so that is how we invest so we not only got the c98

tokens cheaper because it was initially uh it was at an initial stage we also were able to sell it at a higher average

price i mean obviously now it has come down to maybe about four and a half dollars but that's what you do if you

invest or you when you even when you are doing yield farming or when you are doing passive income you research the

project that you are going to invest in not not just putting cake into a random yield pool without knowing anything

about the currency or where that new token could actually even go and go down in value so we researched on that and i

had even tweeted about why i am investing in c98 early in august and what is the advantages of putting money

into c98 for example so that is how you choose a liquidity pool now before we go further into choosing a

liquidity pool we should talk about how not to choose a project or how not to choose a liquidity

pool or a investment because this is the most important part of investing that we need to stay safe so i

had explained in episode 19 about my top five investing tips how to prioritize safety before profits always safety

should come before profits so there is no point in chasing 10 000 percentage or million percentage apr and

d5 project which are you will see it a lot in both polygon ecosystem and binance smart chain ecosystem you will

see 10 000 percentage you know million percent page apy for example in in many d5 projects which come up new but these

are because these are mostly scams or ruggable smart contracts you know ruggable smart contracts are what i call

as a honey trap in my previous episode in episode 32 where they offer you a very very lucrative benefit but the

intention is that they are always going to steal your funds and run away so these are like you know in india

most commonly in south india for example chit funds are most common where they collect money from 1000 people or

2000 people and when they have collected enough money they actually run away with the funds you know the initial 10 or 15

people might benefit but after that basically they'll just collect all the money and they'll run away so initially

they would have given so many lucrative benefits and that's what these liquidity firms are also doing all these

honey traps also doing so in episode 32 for example when we were selecting 10 fee which we eventually invested in

we saw that a few of the projects were offering like 150 000 percentage apr fifty thousand percentage api and higher

percentage jpy than the one that we selected but we still did not select them and we went for a lower yielding

firm now what i'm going to do is i'm going to go back to those examples where we did not select them and we're going

to look at why we did not select them so we had gone into beefy finance that day and in beefy finance we had tokens like

bar finance or bear token honey token and quant token for example so let's just take a look at buyer

finance token so in if i click on buy token it opens up the import token option where you

have the bsc scan token tracker page in the token tracker page the first thing that you look for is the official site

and social profiles so here in bar uh token they have a honeyform.finance and the first thing

when you click on it and you go in there is is notice that the price is too high it's about 290 dollars so anything that

is above like you know like 50 dollars for example first thing is that starting to give an alarm for a new token that is

so high uh it's not an established token so if you click on the audit they say that they've been audited click on the

audit and you can see that the audit clearly says that there is some risk for example and if you read about the audit

they are clearly saying that it's using a lot of strategies and they were not able to verify whether there is any hard

drug or not so even though they were audited the audit result has not been that good so this is what they factor in

that because if they're not audited they nobody will actually look at it if they have an audit and even the audit is not

a pass if they just put the audit result as a badge of honor nobody is going to actually i mean not many people will

actually go in and read the audit but you have to go and read the audit at least the summary statement where

everything that is talking about is here is not good news because there's four percent deposit fees and there's high

percentage of tax that is built into it and also when you go back there is layered farming layer one is honey and

layer two is bad token so they have already introduced one token and they've introduced another layer of token and

this layered forming is basically a classic case of a honey trap where after introducing one token they introduce

another token another token and just keep going on because they can keep minting more money

and if you look at the price point finally it's come down from about four thousand four hundred dollars to about

roughly about two hundred fifty dollars in a span of uh you know for in a span of two or three weeks which is like you

know a drastic drop so that it's all of these are alarming factors to say no to uh honey farm or no to the bar and honey

tokens let's go to quant token so again click on quant token and then click on the view on bsc scan

first thing is you notice that on the token tracker page there is no social profile there is no link to

twitter or there is no link to the website or there is nothing basically the token track web page does not show

any social profiles so we'll do a search because we know it's on beefy finance pfe finance would have introduced them

so we do a search on quant and we can see that um there is a stable quant or there is a beefy finance

introduction uh for them and you can see that there is a twitter handle for them so you can click

on the twitter handle and from the from the twitter handle you can see what is the link to their home page or what is

the link to the finance page so clicking on the stablecoin.finance page first thing that you notice is it is not

giving any information it is directly asking your wallet connection before it even shows you what is the information

that is another alarming factor because you know it's not displaying what it is able to offer you and it is asking you

to connect your wallet i'm not going to connect my wallet without even knowing what is on offer in the first place

and then if you um scroll through their their twitter feed you can see that they are talking about audits they are

talking about how their code is audited but people have asked for third-party audit results and there's absolutely

zero response so we are not going to be actually doing that as well all of these are alarming

factors now let's look at 10 fee which we ultimately selected 10 fee has got social profiles it's got an official

site and it's got a twitter handle and if we go into it there they are basically straight away they are saying

that they were audited by certain foundation which i've already explained is one of the industry standard leaders

in smart contracts and in blockchain coding for example so let us click on the certic

contra assorted audit and just to see and read about the audit results or like what we did with the initial project

right and here you can see that the audit results have shown that security score is really good i mean it's not

fantastic but it's really good because there's zero major findings or critical findings or medium findings and whatever

has been found in uh in minor findings two of them have already been resolved as well and the social media sentiment

is also neutral basically it's not negative that there's not a strong negative sense

against it good governance and they've also done a twitter feed analysis from certic as default what

they do with their full audits as well so anybody spending enough money to do a certic audit means that they are serious

and the audit results have also come out good so that's the first um the social profile was the first one certic audit

and having a good certificate is the second one so these are uh two factors that are helping us and if we go into

the audit and if you go into the 10 fee vault itself it's showing a default uh i mean it's

showing a decent percentage where the the single asset apis are about 50 and the multi assets are about you know

800 700 which is still decent it's not in like insane 10 000 percentages or a thousand percentages

again going into the twitter handle finally uh they are now competing in the mvp3 program so mvp3 is the most

valuable builder program that binance runs on a quarterly basis and

the names that are there are recognized i mean there is a it is one of the most reputed programs that

binance smart chain runs for encouraging more d apps to come into their ecosystem so um 10 finance 10 fee

finance have actually applied for the build middle three because it's the third version of it that is running so

again this is uh this has been running for nearly about seven or eight months and most some of the most famous names

that we know of today d apps that we know of today have come as part of this biddle program

or at least have been participating as part of hospital program where the benefits of participating is first of

all is a recognition second is that bsc will directly give a grant for the for the players or the top players and

they will also help in getting some of the audits done etc for example so um one of the things to note is that

in in our last episode in episode 32 we talked about autoform and beefy finance they were actually the top three

finalists of the first mvb one uh where the most valuable builder the the top uh three finalists were beefy finance and

autoform now why do we keep talking so much about you know what not to invest in because

um you know it's something that people would have understood in in the first place right not exactly i mean

regardless of how poor these projects were or hope or these projects are there are

still people who still fall for it so for example two of the most uh famous loots or famous rug pools i would say

are iron finance and polyel they resulted in like millions and millions of dollars of losses for investors

overnight it's probably on two of the biggest d5 hacks i would say in the recent times and there that was a result

of a lot of things like poor code incompetence rock pool you know layered farming honey traps whatever you know

all of these things that we talked about they were practically displaying all of it but the the point was that

immediately after the drug pull happened immediately after the loss of millions of dollars they just launched a new

project just even kept the web page exactly the same and launched it as a new project and people still fall for it

like for example l polyel they launched it as ldv2 i mean their v1 was such a global massive failure and they launched

it as a v2 and they offered like thousands of percentages of apr and people still went for it and again you

know it started with about 320 now it's sitting at about 14 dollars in a in a span of you know two or three

weeks basically so um this just to show you that people you know their greed is that it will not

stop them from going back again into the same project that's why we need to be safe l token for example the original

token started off at about thousand five hundred dollars at one point of time in

june and uh on 27th of july it was about 25 and suddenly overnight it fell to zero dollars completely wiped off and

they um they called it so many things but you know it was a classic drug pull in my view um they were calling it as an

exploit or a code have been exploited but you know uh we've talked about it often that uh you know some of these

projects they probably even plant these uh these so called exploits and they can probably utilize it or they can exploit

it themselves iron finance is another example they fell from 57 roughly to about in one day overnight from on 16th

of june to 17th of june it just fell overnight to zero dollars from 57 dollars so millions of dollars again was

wiped off and again it was completely incompetent code but they just restarted the same um

token again with a new token call ice and they just kept the same website app.ian.finance and 350 million dollars

again more people have just gone and invested it so and these are all classic cases where people keep trusting the

same token again and again and they just keep exploiting people's money and started at about 3.6 dollars and now

it's sitting about about 10 pence 30 times it has lost its value nearly 30 times it has lost its value from the

initial investment but that doesn't stop people from putting more and more money into it so again these are some examples

where people they just just keep falling for the same

scenario or the same projects over and over again it's like chit funds just moving to the next building practically

and just still able to fleece projects so let's simplify the safety rules make sure that the project is audited

review the audit read the audit read it for a security risk make sure that they've resolved the security risks that

are highlighted just because the project is audited and they're just putting it as a badge of honor saying we are

audited people just assume that the audit is always good what is not always good um audits are just explaining what

the technical code is validated and there are lower chances of ruggable code in what but it still does not guarantee

even if a project is audited does not guarantee that it's going to be good so the safest thing to do is to stick to

a an ecosystem that you are familiar with an introduction of tokens from an

ecosystem that you are familiar with for example an id or an ia or initial coin offering or a partnership with an

ecosystem that you trust um so for example uh i'm going to be sharing two of the ecosystems that i trust my recent

tweets in august are three decentralized projects about king finance krw c98 and bls which is

the new token in nft all of them had given more than 200 percent return of investment in fact

king token had given nearly about four or five times investment and c98 are also given about five times the

investment in a very short span of time and all of them came from trusted sources my most trusted decentralized

exchange two top exchanges i would say for researching and investing in new corner pancake swap finance which is in

binance marching and walt finance which is in binance marching and polygon and to a certain extent um i also rely on

apesfab.finance which i've explained in episode 32 but for both the binance marching and polygon but apespap

sometimes introduce projects without too much research as well they practically take on all partnership is what i would

assume so i wouldn't take all of the partnerships i take it with a pinch of salt but with pancake swap and world

finance pancake swaps main introduction not the ones that they do an auction and they

pull partners in that is basically like an advancement so we are only talking about the main partners one of the

reasons is for example if you take wall finance they are introducing after bls after the thousand blocks introducing

another token which is ran online token which is a raw token and in that introduction if you go and

actually read their medium article that they have written they explain about the article but the

most important point where you need to be focusing on is that they um highlight the fact that how they

are locking in the liquidity pool and how the of the locking of the liquidity pool means that

the chances of rock pull is minimized or is practically negated and also the fact that apart from the code being audited

by a third party they are also their own technical team is vetting the project that they are going to be investing in

or vetting the project that they are going to be presenting to you or partnering with so

that is the assurance that they give you when you go with a trusted ecosystem or when you go with an introduction from a

trusted ecosystem that's the assurance that you get that it's not going to have a ruggable code or it's not going to

have a scenario like we explained before where in iron finance or for poly yield

for example where they're uh literally freezing the customers of leasing the investors out of their money so

so that's the easiest option just stick to known ecosystems uh if you trust another ecosystem stick to the ecosystem

or stick to those known ecosystems and uh don't take too many risks in crypto especially with decentralized

finance don't chase after too much too high uh percentage aprs or ap apis so

there were a few comments in twitter as well asking for a detailed demo or a quick demo on vault finance because we

had done a detailed demo on pancakes finance for binance marching so we'll do a quick demo on walt finance so we'll

start with matic or polygon ecosystem so i have about 10 matic in my polygon ecosystem so what i'm going to do is i'm

going to go to world finance app.finance select polygon and click on connect wallet and i'm going to connect it to

meta mask so in most of my videos i've been showing metamask because that's a safer

wallet or d5 wallet for the computer for the browser extension so i'm going to select uh vex poly and i'm going to

transfer 10 more tick matic to vex poly so the the 10 for 10 matic i get about 10 000 wax poly in today's exchange rate

so um obviously the fees is very negligible and click on ok and in about 30 or 40 seconds you'll get

confirmation that the swap has been done so you go to the pool instead of the form where you're providing liquidity go

to the pool and you can see the liquidity pools that are available and it shows you your vex poly balance so

you click on approve and you click on confirm and once you have confirmed it the stake option will be available in

one simplicon stake vex poly gets taken to the form that's it it is now staked and

you will be getting uh rewards from the pirate p token which we have now invested in now let's do the same thing

for binance smartchain so again take vault finance and select bust now

instead of matic we're going to select it from basd to wx so the the vex token is on the binance smart chain vex

polytoken is on the polygon chain so we're going to take about 20 dollars and we're going to convert it to vex again

in today's exchange rate we're getting about 3280 vex tokens click on confirm and now we have vex tokens or wax tokens

on our um on our metamask wallet now we're going to go to pool again not into the form

not into liquidity form we're going to pool connect the wallet again um using the metamask and

again uh here bls token is one of the tokens that are highlighted about so i'm selecting it and i can see the vex token

and i'm clicking on maximum tokens first you click on approve after you authenticated in your metamask the

approve will change to stake and then you click on stake so that's it it's a very simple process in both

uh vex poly in the polygon ecosystem uh of app vault finance and uh in the uh finance smart chain so uh the staking

process in a in a pool single asset pool means that you are not incurring any of the impermanent

loss from providing liquidity to a liquidity pool so that's the biggest difference but

that's a bigger advantage it's a safer way of earning money on decentralized finance without incurring any uh

impermanent loss so now bls token will start accruing on a daily basis or even on a hourly basis

you can start withdrawing it as soon as you are comfortable to withdraw it so again i'm going to use two more

examples on these two ecosystems so bls token was launched about uh um earlier in this week in september and i had

tweeted about it saying that i'm going to get into it because uh it's a it's an attractive investment

so uh in about two days time it had gone up by more than 100 percent and um its value was about five cents to

begin with and it went up to about 13 cents now

the the total bls tokens that i was able to harvest or i was able to get was about 550 tokens 550 tokens in about 13

cents was about 71 or 72 dollars and again in two days time we were able to harvest about 550 bls tokens worth about

72 dollars at two days rate or at that point of time so this is again you know a daily apr as you can see in the in the

yield watch your daily apr is standing at about 25 and this is again because of the fact that bail has token to begin

with was about five cents and then it short up to about 13 cents now that is the advantage of investing early on

investing uh in a yield form at an earlier stage accumulating it and then you are able to

sell it when the prices are going up so this is another example where you are showcasing the potential where you can

earn about 25 dollars roughly again this based on the amount that i have invested but roughly about the same amount of

money that you can earn about 25 on a daily basis or even more on a daily basis

and finally if you are going into a liquidity pool forming instead of a single set forming if you're going to

incur liquidity if you're going to face the impermanent loss make the impermanent loss work for you

by putting it into an auto compounding what i had explained in detail in episode 32. so this example 710 dollars

i had invested in vex poly ustc which is a liquidity pool that i had

provided liquidity into there was an impermanent loss my vex poly had gone down significantly but because of the

fact that i was expecting the vex poly rates to go up it acted as if i was trading on a 24 7 basis i was trading my

ustc to my vex poly so my uh current usdc is about 500 usdc where whereas i had invested only about 350 dollars but

my vex poly has come down and this is what i wanted to do i wanted to trade but i did not want to spend the time to

trade it so i just put it into auto compounding vault and from my initial investment on the 31st of august about

710 dollars now it has gone up to about 110 000 10 in about four days time so in four days time uh the auto compounding

vault has also increased my total value from seven hundred and ten dollars to thousand ten dollars and i've got 150

dollars in usdc converted so if i want to now trade the whole thing off into thousand ten dollars i can do it or i

can keep my vex poly and take my 150 profit out of the liquidity pool and i can take it out and

we can draw it so now i have used the uh the auto compounding vault in the liquidity

pool forming even though i have incurred the impermanent loss i've still achieved a 300 profit on net profit

so finally uh there's two projects or there's one project that i wanted to mention about which is called powers app

which has a token called pair it is on both the ecosystems binance marching and the polygon that's what makes it

attractive at this point of time reason being powers app is if you see if you've seen my episode 32 you will see that i

mentioned it about my auto compounding vault one of my successful investments in auto

compounding but their roadmap looks really decent i mean they are they're talking about launching

zap centers and launching nft collections they are thinking of getting their own decks practically so

they're they have an ambitious roadmap ahead of them and their partnerships are also really good at this point of time

they are partnering with walt finance and their partner with so many other dexes at this point of time and uh they

are also branching off into multi-chain so they are in uh they they are they were launching in polygon ecosystem and

they were branching off into the finance market but that's what makes it attractive at this point of time because

their polygon price is about one dollar roughly um and

the same power token which is got a 60 million circulating supply which is deflationary as well because there is a

two percent burn tax on every transaction so which means the total supply is always going to keep coming

down and it is going to be lesser and lesser uh at every point of time so they created a bridge a third-party bridge or

a partner with eod 5 for a third-party bridge and the bridge had to be stopped or passed after a few hours because

of problems that they ran into so which means there isn't enough liquidity on the finance marching so even though

their intention was to have a single token of pair on all the chains in parallel their

binance marching power token is about six dollars it's the same exact token it's just on a different chain right now

they are not able to establish the bridge because of the absence of the bridge there is a price difference

and that price difference has resulted in the liquidity pools or the pools

having higher percentage like thousands of percentages in terms of the apr percentage now this is a bit of a risky

investment at this point of time so i am going to provide both the links as soon as the bridge gets established or nearer

to the bridge guest established the prices should normalize but at this point of time this is an investment

where there is a potential to make short-term money out of it again this is one of my

long-term investments that i would probably invest in more when the price normalizes i do expect the price to come

down as soon as the bridge starts as soon as the bridge is established but till that point of time even with the

single power token you're getting about roughly two thousand seven percent which is a good enough um return of investment

with a deposit fees of zero percent um again you know uh tread with caution like i said um the power token as soon

as the bridge gets established it's going to be a single token across all the ecosystems which means that the 6000

supply is distributed across all of the chains and this is just an investment

opportunity that i just wanted to highlight and be a bit careful because it will come down it will fall down to

one dollar is what i expect again all of the d5 passive income options that i have shown today i've

talked about today i've covered in detail so if you want the basics of liquidity mining the basics of

decentralized finance for example covered in episode 24 and how to set up a wallet if you have never done a d5

wallet i've explained it in episode 25 with demo of binance smart chain of pancakes map and then how to use trust

wallet on the mobile how to set up polygon ecosystem polygon d5 wallets all of that i have explained in detail in

those episodes and how to move funds to your d5 wallet

again they were explained in all of those episodes and if you are in india for example you can transfer from

wazirex to binance with no fees in usdt which is tether coin and then from binance you can withdraw or you can

convert your usd to bust and you can finally withdraw your bust to your metamask with no fees so registering for

wazirex i have explained it in episode 03 with a detailed demo all of these links are given in the description and

registering for binance if you're not in india you can directly register for finance and you can directly buy it and

finance itself and transfer your bust to your metamask and start doing default trading again that

again i'm showing it in episode 25 in detail so finally a word of warning um remember that the basics of crypto that

we've talked about all of that applies to d5 as well so do not put your essential funds into crypto or any other

investment for that matter and always keep realizing your profits unrealized profits how much hour you make in under

less per paper profit the paper profits are useless till the till the time that you realize the profits and make sure

that you take the profits out into real life do not keep everything as an invested amount don't keep reinvesting

all of the amount that you are realizing because then there is no point in realizing profits so take some profits

into real life and go and use that money in your real life and don't overdo decentralized finance just for the sake

of doing decent response that's the most important point people get into projects that they don't

understand or believe just because there is a high yield opportunity there so always put safety before profit such so

one thing that we've been talking about in our videos again and again put your safety before profits and make

sure that you're not over doing anything for that matter not just crypto but even inside crypto don't overdo decentralized

finance as well so again i just wanted to uh summarize all of the things that we talked about in crypto before we end

the decentralized finance series so in the next videos we'll start to go into further topics like nfds and other

topics that we have not covered so far so hopefully this was useful to you thank you until next time bye