How 1% Daily Compound Interest (in Crypto) Can Make You Filthy Rich! (2023)

How 1% Daily Compound Interest (in Crypto) Can Make You Filthy Rich! (1)

Are you searching for a way to get wealthy? How much wealth do you want? Are you thinking complete financial freedom wealthy?

It’s absolutely possible, and more than that, it is well within your reach and I can explain the exact steps to achieving it. You can get started right away, and within a year you could replace your current income.

Within a couple of years, you could be mortgage-free and retired. If you don’t believe that’s possible… it is! And I’m doing it! Here’s how:

1% daily compound interest.

It grows at an exponential rate. Do you understand what that means? Hey! I don’t mean to sound patronizing or to insult your intelligence, I just want to be sure that you have a grasp of the immense power of this financial phenomenon! Albert Einstein reputedly called compound interest the “most powerful force in the universe”.

Here’s a little graph that illustrates it simply and beautifully (t = Time!):

How 1% Daily Compound Interest (in Crypto) Can Make You Filthy Rich! (2)

There is actually no evidence that Einstein ever said anything about compound interest being the most powerful force in the universe or even the “8th wonder of the world” as some have claimed — it was most likely a marketer who started that myth, but the phenomenon of compound interest is, without doubt, something to marvel at and get excited about.

Compound interest is the addition of interest to the principal sum of a deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest. Compound interest is standard in finance and economics.

Thanks Wikipedia!

Simple, right? Yes indeed, and incredibly powerful, depending on the compounding frequency. Obviously the more frequently the interest is compounded (added back to the principal amount) the faster the principal amount will grow! Imagine how rapidly your principal amount (initial deposit) will grow if you add the interest to it daily so that the amount which earns interest the next day is greater. Check this illustration out to see how more frequent compounding accelerates the growth:

Have You Heard About a Certificate of Deposit?

A Certificate of Deposit is a product offered by banks and credit unions that provides an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period of time.

Thanks Investopedia!

These financial products are widely available and they’re great if you want to effectively lose money! Yes, that’s right… these things cause you to lose money because the amount of interest they pay is way less than the current rate of inflation, so locking your savings into a regular Certificate of Deposit means it will be worth a lot less by the time you get it back (by which time everything costs more). Honestly, traditional CDs are pathetic in terms of returns, you will probably need to lock your savings away for 5 years to get 1% interest and you won’t get that compounded daily, it’ll most likely be monthly. If you want to beat inflation you need something with real superpower!

I am happy to tell you that I have found that thing!

It’s a DeFi project called DRIP. And it is making millionaires. Regularly and with ease. DRIP is revolutionary! It is by far the best thing I have ever invested in, and it’s what is allowing people (myself included) to retire early. If I sound preachy about it, well that’s because I feel so passionate about this beautiful project! I want everyone to know about it! The people who created it are heroes to me!

I’m really pleased you asked! Because it’s wonderful — almost magical — it pays 1% interest on your deposit every day and that interest can be compounded every day.

DRIP is a token that anyone can buy, trade, hold, HODL, whatever you prefer. Is it currently on an upward trajectory (it was under $20 when I first bought some a few weeks ago and it’s now over $60). So if I had simply bought, held, and sold, I could have made an easy 300% ROI. But that would have been foolish — here’s what I actually did:

I bought approximately 600 DRIP tokens at the start of November. I compounded the daily 1% interest and I grew my deposit. I am now in a position to stop compounding and instead withdraw the 1% interest each day and I’m withdrawing the equivalent of a six-figure annual salary!

I’m withdrawing 9.6 DRIP every day (7.8 DRIP after network taxes*) which means at the current price of $64 I’m withdrawing nearly $500 a day without diminishing my deposit which — just like with a traditional Certificate of Deposit — is locked. All I can ever withdraw is the daily interest.

I will have recouped my initial deposit by Mid-January!

This is important and thanks to the recent price increase I’ll have recouped my initial investment sooner than I expected but don’t let this make you think you missed the boat — you didn’t! The price is likely to continue appreciating thanks to several new DeFi projects being developed within the DRIP Network (e.g. a revolutionary Yield Farming project is launching on January 4th).

Now, I will most likely restart compounding my daily 1% interest once I’ve recouped my original investment in order to grow my deposit further — the goal is to grow it to a point that it will pay out thousands of dollars worth of DRIP tokens every day, making me a millionaire in the process.

*Yes there are taxes on transactions within the DRIP network, and I for one am happy to pay them!

I’m deadly serious about being a millionaire soon. It’s important for you to understand that this isn’t just “pie in the sky”, this is really happening to a lot of people I know. Since investing in DRIP I have joined a growing community of DRIP enthusiasts on Telegram as part of the Cryptozoa DRIP Team, and there is tremendous bullishness for DRIP right now, despite what’s happening in the rest of the markets. People are literally retiring early left right and center. They are discovering the financial freedom that so many seek. This is my current projection if I re-start compounding my daily 1% interest in January:

How 1% Daily Compound Interest (in Crypto) Can Make You Filthy Rich! (4)

If you’re observant (and I hope you are!) you will notice that I set the daily interest rate to 0.95% (not 1% as I’ve been saying all along) and this is because of the DRIP network tax that is applied to compounding. There are a lot of network taxes (most are 10% and these are what help to make this project sustainable — you must have asked yourself “how can this possibly be sustainable?” well don’t worry, everyone asks this question!

As you can see, if I restart compounding my daily 1% (0.95%) interest, a year later I will have over 15,000 DRIP in my account and the daily interest available to me every day will then be 150 DRIP (nearly $10k worth EVERY DAY!) Holy s**t! That is crrrrraaazy!!!! (Yes I know it is!)

OK, time to tackle this “popular” question! The answer is, that the DRIP network is a set of Smart Contracts on the Binance Smart Chain and has been inspired by similar previous projects such as Hex (which recently celebrated its second anniversary) — the developers of DRIP have been able to examine and improve upon the smart contracts of the previous projects (and they have had several other successful projects of their own and zero rug pulls) in order to create something genuinely incredible.

For further reading about DRIP’s sustainability please check these links:

Of course! Just like any other financial product of its kind. New investors are required to ensure the sustainability of DRIP. People often ask “What if new investors stop investing?” so let’s be realistic — that isn’t going to happen any time soon. This project is so revolutionary and so incredible that it is going to be attracting new investors for the foreseeable future. And remember the other projects I mentioned earlier that are in development or have recently launched to build liquidity and provide more DRIP tokens to the DRIP vault (this is where the rewards are paid from). The DRIP liberation contact launched last week along with the DRIP Garden, and the Manor Farm launches on January 4th, 2022.

Now is the time to get involved! And you don’t have to go “all in” like I did. I was impatient and I wanted to accelerate my ROI. But every DRIP account earns the same return (regardless of the initial deposited amount) eventually:

The maximum you can get out of a wallet is independent of starting amount, given enough time, provided you hydrate (compound) sometimes and don’t exceed your max payout before withdrawing all you can.
How much can we squeeze out of 1 little DRIP? The answer is always about 43.6K Drip (before selling). It’s the same amount as we can squeeze out of 100 DRIP or 1000 DRIP.
Kelly Snook, ex NASA scientist.

I expect you just want to know how to get started! Remember that you can start with just 1 DRIP (and some BNB for gas fees) and you will eventually achieve great wealth! I recommend you get yourself a copy of my friend Dereks’ DRIP calculator Spreadsheet (File -> Make a copy) and play with the numbers in the yellow cells to see what kind of payout you could expect from DRIP. Don’t forget that investing more doesn’t make the payout bigger, it just makes it happen sooner!

If you have questions you can find me on Telegram:

I’d love to hear from you!

If this article has inspired you, and you would like me to be your buddy in the DRIP Network (and on the journey to wealth and very early retirement), I’d be honored! (note: you can’t invest without a buddy, please read my step-by-step guide to getting started with DRIP Network). I promise to be a good buddy and mentor to you, to encourage you, and help you to accelerate your earnings and ROI, and I can be your Drip guide and help you develop a strategy that’s right for you and your financial goals.

My buddy address is:

…and if you need a step-by-step guide to getting invested, I already wrote one that anyone can follow:

Getting Started With DRIP — a Complete Step-by-Step (video) Guide That Anyone Can FollowI’ve been invested in DRIP for just over 2 weeks and I am so excited about it I want to help you get invested so that…

And if it’s more reading you’re looking for, I recommend you start with one of my recent updates:

Update: How I’m Now Making $6720 a Month Passive Income from Crypto — My True StoryMy monthly passive income has increased significantly and is likely to increase again very soon thanks to DRIP token…
How 1% Daily Compound Interest (in Crypto) Can Make You Filthy Rich! (5)

Check out this Telegram group of real life DRIP success stories!

I am part of the Cryptozoa DRIP team. We are a global community of DRIP enthusiasts who are welcoming and helpful. We converse on our own private Telegram group where we share DRIP tips, strategies, breaking news, and more. If you would like to join in the conversation, please join the Cryptozoa team (buy getting into DRIP and using my Buddy address above), and then head over to the Cryptozoa Telegram Gateway. Let the admins on duty know that Farnott sent you — then once you are onboard find me and DM me, I’d love to hear from you!

Nothing in this article is to be construed as investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. The article may contain affiliate links. ALWAYS DO YOUR OWN RESEARCH!

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