The poor man's guide to becoming crypto rich.

The poor man's guide to becoming crypto rich.

By MadMaxx | Psycho Crypto | 26 Mar 2020


Full disclosure: This post was made possible by Changelly, however their input doesn't bias my thoughts on their service, or any of the services included in this post. Equally, all Changelly links included in this post are affiliate links of mine, and will reward both of us should you use them.(So please use them!)

Hello, and welcome to my guide on becoming "crypto rich".

I created this guide to answer the questions I get concerning new traders jumping into the market.

Ever since I shared my personal telegram link, I have received at least a dozen messages from new traders wanting to jump into the market, and take a piece of this multi billion dollar pie.

Well, in this post, I'll try to convey the message of how I did it, and how you can too.

Do note that I said "crypto rich", which means you'd have a shit ton of crypto, but no actual dollars unless you decide to convert. Your choice. I personally stick with crypto, and my portfolio thanks me for that.

Ok. So I'll explain the methods I use to multiply my crypto holdings and get more crypto.

  • Trading
  • Personal affiliations with big crypto companies (I leverage my blog here)
  • Blogging on Publish0x

Ok. Let's go over all of them.

1. Personal Affiliations with big crypto companies.

If you have read some of my previous posts(and this one too), you'd have seen something like "sponsored by Changelly", or "this post has been made possible by Changelly".

Well, I'll explain how that is one of my biggest sources of crypto (after trading) and how you can do it too.

I started blogging here in December of last year, but I realised that this platform could be more than just getting a handful of free BAT here and there.

So I decided to grow my followers to the point where I could make money off them, but without them ever spending a dime.

It was hard work, but I eventually got to 500 followers after about a month and a half.

I shot Changelly a message, because they're my favourite instant exchange. I said I would like to promote their services to my audience (both followers and non followers alike) and would like a reward in return.

So they accepted my offer (very strangely) and gave me a special link. Now this isn't your regular affiliate link.

It still has the features of a regular affiliate link(which means I still make affiliate commissions), but I also get special rewards for each user I bring to the platform. 

I thought it'd be fair if my readers also got rewarded for using my link, so I got them to slash 20% off all instant exchange fees for anyone who uses my link.

You can try that service out here.

That has been one of my biggest earners aside from trading. I think my total earnings to date would be about 1.05BTC, much more than what Publish0x has paid me in the time.

I haven't actually made much from affiliate commissions, but you can change that by using the link above!🤪

So the secret behind this method is to consistently grow an audience on a platform, and then monetize that audience with a useful service that would add value to them. The service must be useful and add value to its users.

It's one way to become crypto rich. That's 1BTC that I wouldn't have had in my Ledger had I sat on my hands.

2. Trading crypto

This one wasn't easy. If you read my story of 0-0.1BTC, you'd understand why.

I paid my tuition to the markets well before I learnt how to trade.(that's just a fancy way of saying I lost a shit ton of money)

It took me a whole year to hone the skills, and then another 5 months of blowing 2 accounts to finally come up with the strategy I'm still using 5 years down the line. It's been an incredibly rewarding journey.

The thing I'd say to most enthusiasts is: "learn to trade". It's a very rewarding sport, and you'll become a better person by trading.

How? Well, you'd learn the important of patience and not jumping the gun. You'd also learn self control and you'd throw away greed. You'd also be reminded that you're not very special and that you can't and don't know everything. The market really humbles you.

Trading has accounted for more than 85% of my earnings to date, with Changelly's partnership accounting for 11%.

The remaining 4%?

3. Publish0x!

This place is a gem, period. I'm not sure I would have as much crypto as I have today should I not have discovered Publish0x.

I'm not a hodler by any means, but when you get the crypto for free, you have no other choice but to hold.

From this platform alone, I've earned over 1000BAT for free, and that has been added to my Ledger. When BAT eventually moons and passes space, I would sell that stash for FREE MONEY!

How could you possibly go wrong with that?

 

That's my guide guys. It wasn't really a guide, more of what I think you should be doing. Anyhow, leave your questions, comments and suggestions down below. Thanks for reading, and thanks to Changelly!


MadMaxx
MadMaxx

Shitcoin flipper. Derivatives and options trader. Bitcoin and Ethereum futures and inverse swap contracts. Professional trader. Never financial advice.


Psycho Crypto
Psycho Crypto

Fun experiments with crypto!

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