So today I logged on to cryptophyl.com (my ref link is https://cryptophyl.com/?r=kain if you want to try it out)
and was pleasantly surprised to see I had 4500 DROP.
DROP is CP their own token which they are going to use to airdrop new tokens based on traders their activity on CP.
I traded a lot of of SPICE/BCH in August but none in september so I did not thing I was going to get any DROP. However it turns out that also my volume in august was counted towards getting DROP.
This 4500 DROP I quickly sold on CP for about 1.3 BCH. That's almost 400 USD! (Don't worry CP, I will buy back DROP but I had to cash out first so I could trade more, new profit from trading will flow back in to DROP)
So if you look at my reddit history you can see I have been handing out some BCH (and spice to reward people for installing Electron Cash SPL edition) on various /r/videos thread and stuff.
I would really love for everybody to follow this example.
Learn how to trade successfully by being informed and joining the non bullshit initiatives. Learn how to join the inner circles of the BCH community so you can develop the personal relationships you need to be able to judge if new initiatives are bullshit or genuine. Trust goes a long way but you need to be properly connected with enough peers to be get in a position to judge people their characters. Once you have judged the founder of a new initiative their character this puts you in a position to judge the value of their startup as well.
I had to do this with cryptophyl and I did, which put me in position to benefit from being an early adopter without to much risk. On an investment of exactly 1640 CAD in July, I was able to put 2100 CAD back in to my bank account at the end of August (cause I want to buy better music equipment) and still have about 400 CAD left in crypto to trade with.
Learn how to safeguard your crypto capital by going in to stablecoins and DAI when needed. Avoid Tether at all cost, trust me ... if you don't it will bite you in your ass. One day people will kill themselves over this, don't be involved with Tether at all.
There is nothing wrong with doing this to protect against the market's volatility. I don't care what your capital is in, even if it's in fiat as long as it's available to grow cryptocurrency as a whole and to reinvest back in to Bitcoin Cash. Don't go the way of the Bitcoin Cash Fund/Bitcoin Cash Association, who utterly failed to safeguard their capital and now are almost completely defunct. (hiring full time people and paying themselves a large wage certainly did not help either)
Realize that it's in the best interest of your own crypto capital and the community as whole to put this new form of money in to the hands as much people as possible.
Remember, Satoshi Nakamoto originally intended to reward every Bitcoin user for just running the software. Greed came in a killed this but in a good way. Because of this, the network is now secure from easy take down.
However nothing stops us from further releasing the coins to the public by just handing them out.
This is where BTC will thoroughly fail and BCH will succeed. BTC fails to generate the first new user experience that new users need to turn crypto from magic to something tangible in their heads.
BCH does not fail, but only if the people here that can afford it do their judy.
It's beneficial to BCH and crypto as a whole so what are you waiting for? You generate any form of income with crypto, pass some of it on.
If everybody in BCH that generates income with it would pass on 10% of their profit to on board new people, BCH will grow like nothing else in the space.
This is the banks their worse nightmare. Satoshi was unable to get Bitcoin in to the hands of enough of the common folks to really kick start the revolution so he needs your help.
Don't do it for him though, do it for yourself.
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source https://www.reddit.com/r/btc/comments/d7m1ls/if_you_are_generating_any_income_whatsoever_with/
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