What you will learn Today
- How to earn money online with cryptocurrency
- How to earn passive income online
- What are crypto dividends
- A much higher ROI on your Investment
Why are Crypto Dividends Better than Stock Dividends?
Many people invest in dividend-paying stocks. They also take the earnings and reinvest in additional stocks. However, there is a catch. There is no guarantee that a company that is doing well, is going to pay out any dividends to it’s investors.
When a dividend is payed there is often a change to the price of the security.
Here is an example using Apple Stock and trying to earn minimum wage with just dividends:
Here’s how we did the math. First, we took the minimum wage of California, Apple’s home state, which is 8 dollars an hour. For a 40 hour work day that takes place over an average of 22 work days per month, the average Californian minimum wage employee makes $1408 a month, before taxes. Since Apple pays the $2.65 dividend quarterly, we multiplied $1408 by three months, giving us a quarterly minimum wage earnings of $4224.
So how many shares of Apple stock would you need to earn $4,224 in dividends per quarter? 1,594 shares paying a $2.65 dividend every three months.
And how much does 1,594 shares of Apple stock cost? At writing, the value of one share of AAPL costs $598.35; 1,594 shares would cost you $953,747.32 on the market.
Got that? To earn minimum wage on the new Apple dividend, you need to own almost a million dollars in Apple stock. source: cultofmac.com
This is why cryptocurrency dividends are so much better. You do not need to rely on the goodwill of a company. Dividends are payed out based on code.
Earning passive income with NEO
Example 1: Let’s take a look at NEO and how much NEO we need to earn 1400$ per month: (NEO: 51$ ; GAS: 16.14$)
You would need 10,000 NEO/S (= $510,671.00)
Theory dividend: 4.65%
Actual dividend: 3.36%
Curated List of Cryptocurrencies to Earn Passive Income
I made this list with cryptocurrencies and platforms that I trust and have used before. I have never used hyip (high-yield-investment-programs) and will never promote them.
The return on investment of many of these assets depend on the value of the coin or trading volume. You will also need a good amount to get a decent sum of mouney per year. However, compared to other investment opportunities, this is much more lucrative. I have excluded certain coins from this list as I have either not used them or do not trust their payment model.
NEO – The Chinese Ethereum
A while a go, I wrote a post on how to calculate your Gas reward with NEO.
An important thing to note with NEO is that you only get gas if you keep your NEO in your NEON desktop wallet on Kucoin or Binance. Bitfinex does not pay out GAS dividends.
Another point to remember, is that NEO is not divisible. You can only send and receive a whole NEO.
Ticker: NEO | Annual Return ~5.5% | https://neotogas.com/?p=profit
Kucoin – The People’s exchange
Kucoin is a world-class cryptocurrency exchange that was launded in mid 2017. They have been getting good traction in the last months, thanks to referral links and aggressive marketing. Similar to Binance they have their own native token called Kucoin shares. The bonus you receive is 50% of the trading fees until April. The fees will then be adjusted to 15%.
The dividend you receive with Kucoin is based on the trading volume per day and the amount of shares you have. You can click on the image below to access a google spreadsheet Kucoin dividends calculator (credits to: iDontlikeApple)
You can buy Kucoinshares on Kucoin.
Ticker: KCS | ROI: Varies according to trading volume
OmiseGo – direct dividends, from staking
ARK – direct dividends from delegates you support.
Receiving dividends from ARK is a bit more complicated. You need to select a pool. This can be done from within the ARK wallet. A guide on how
How much will I get from voting?
How much you receive is up to the pool operators and not contingent on any rules set up by the ARK Crew. You can check sharing approximations in one of the community built calculators:
- Dafty’s Pool Sharing Calculator
- Bioly’s Pool Sharing Calculator
- Toon’s Pool Sharing Calculator
- Reconnico’s Pool Sharing Calculator
- Faustbrian’s Pool Sharing Calculator
Here’s the calculator: https://calculator.reconnico.com/
Ticker: ARK | ROI: Depends on the amount and the pool you chose
Lisk – direct dividends for voting for delegates
Calculate your rewards using this tool: dpostools.com/lisk
Ticker: LSK | ROI: Approximately 10-15% depending on pool payout
Coss is a cryptocurrency exchange based in Singabore. A good thing since Singabpore is one of the most crypto-friendly countries in the world. Similar to Kucoin, coss pays 50% of the trading fees to the COSS token holder.
This one has a lot of potential! Many of the other tokens such as NEO, Lisk and so on already have a higher price and marketcap. It is a lot harder to get a decent amount of tokens to stake.
At the moment we are in a cryptocurrency dip where everything is down. When the bull run starts again, all exchanges will be full. That means people will be looking for smaller exchanges like COSS to buy their ERC20 tokens.
What does that mean for us? Well. We can make some small calculations on how much we can earn per month when COSS gains much more volume.
20 000 COSS costs approximately 3800$. Quite a sum of money yes.
You can also get 10 000 COSS for 1900$ 1 COSS = 0.19$ (31.03.2018)
In the first scenario, which is now. We are looking at a 11.95% ROI or 228$ per year. Find a stock that gives out this kind of dividend.
This is not all! If we pump up the volume to Cryptopia (50M)
Now we are getting more serious. A ten times increase in volume. 2280$ per year or 119% ROI per year.
You can do some more fun calculations on coss-stats.com
What about the hype? Should I be worried it will crash?
Never say never. However, the hype phase was in January. Now everyone is selling or hodling because they bought at the top. If you buy now you will be at an advantage during the next bull run.
An other indicator that we have definitely passed the hype phase is when we look at google trends
Until the shills come back out from under their rocks, we have some time to accumulate good projects.
Ticker: COSS | ROI: starting at 11% growth dependent on volume | Buy on:
Neblio ($NEBL) – direct dividends, from staking
Neblio is a blockchain platform which allows people to build decentralized applications on them. Neblio’s main goal is to simplify blockchain to enable widespread enterprise adoption.
I hope you found this list useful. Always remember to use a risk/profit strategy when investing in new projects, to protect your portfolio from unexpected dips.
Have a great day : )