My crypto earnings week 37 - China spreading the panic yet again
The crypto markets are a mess right now. Seems like the FUD will never stop and we just have to roll with the punches. China doesn't get enough of trying to destroy crypto and I think that there's another bomb coming once we blow past this hiccup. The next attack vector will be the e-waste generated from mining crypto, old hardware.
I identified my main sources of income when it comes to crypto and divided them into different categories:
- Faucets / Crypto casinos.
- Hive, Leo, and all the other writing-related tokens.
- DeFi (Cub and Autofarm) & CeFi (Celsius and Crypto.com)
My faucet rewards keep going lower and lower due to the price depreciation and some lack of effort from me to get new referrals.
It was not a bad week in terms of writing rewards but still a long way from my objective. Can't wait for winter to begin so that I can focus more on improving my writing.
Play to earn total: $159,86
Axie Infinity is a little disappointing at the moment and needs a rework on its economics before it is too late. The price of SLP keeps slipping,
I really enjoy the game and I wish the developers save the game.
- DEC: $26,97
- SPS Airdrop: $97,02
- SPS Staking: $13,97
DeFi & CeFi: $43,97
Cub is migrating all of their old farms to V2 so that we can finally start the next IDO!
I also found out that Crypto.com has a DeFi wallet on their blockchain where it is possible to stake CRO, so I'm finally putting my cashback rewards to good use! Another cashflow generating app
September is usually a bad month for the stock/crypto markets. I took the chance to grab some more BTC and ETH at cheap prices and might grab a little more if the panic continues.
I'm confident that October will be green and there's still a strong possibility for a moonshot before the end of the year!
Posted Using LeoFinance Beta