Honest Report: My Crypto Passive Income Numbers for June
a month ago
4 min read

Honest Report: My Crypto Passive Income Numbers for June

June turned out to be a devastating month for my crypto passive income streams. I had to reshuffle many things, and some sources even stopped printing money. So here’s my very honest report about my crypto passive income in June!

Obviously, the crypto market faced massive challenges in June. Bitcoin traded below $20,000 and Ether even below $1,000. Therefore, it wasn’t surprising that the current market hurts my crypto passive income streams.

However, I am used to not thinking about problems but opportunities. Therefore, I used the current downturn to reshuffle my investments. On top of that, I started investing in several projects. As a result, my overall earnings haven’t declined compared to May — however, this was only possible through the injection of fresh money.

So let’s go through the streams!

#1 Dark Crystal (Cronos, Daily Income $100)

Dark Crystal has become one of my favorite projects and passive income streams. The project runs on the Cronos network and is based on the DARKCRYSTL token (pegged 1:1 to CRO). Dark Crystal started at the beginning of June.

Today there are various investment opportunities available: staking, nodes, yield farming, and others. Here’s a detailed article I wrote about the project’s investment opportunities.

On average, the project generated $100 daily in June. However, since I’ve kept compounding, my daily earnings are much higher today (around $500).

Although it is worth mentioning that I am a firm believer in this project. Therefore, I didn’t sell much of my income yet. However, I definitely consider Dark Crystal as a huge opportunity and long-term investment. The project team and community are amazing. Therefore, I really curious about how the project develops.

#2 Toxic Deer (Cronos, Daily Income $50)

Toxic Deer is the second Cronos project I invested in at the moment. Unfortunately, the project faced some serious issues during the Bitcoin decline. As a result, its share token lost value massively.

As a result, I reduced my investment to a certain extent. On average, Toxic Deer generated $50 daily.

Since I am currently bullish on Dark Crystal, I realize the daily income and shift it towards Dark Crystal.

#3 Grape (Avalanche, Daily Income $60)

Grape.finance is probably my all-time favorite source for passive income. Even in turbulent markets situation, the project kept printing stable daily rewards.

Currently, my return on investment with Grape is more than $40,000. So just think about this number: 40,000 dollars I didn’t have to work for.

Most of the income was generated with Grape Nodes. Consequently, I will increase my investment with Grape steadily. That means I won’t infuse fresh money but will compound my earnings to increase my daily return further.

In June, Grape printed $60 on average daily.

#4 Drip Garden (Binance, Daily Income $35)

Well, what shall I say about Drip. First, it’s simply sad to see how the Drip price keeps falling. There was a time when I received more than 100 dollars with my current investment.

However, due to the constant decline, my daily earnings went down to $35 on average in June. Well, that’s still more than $1,000 for doing nothing — but man, I could cry when I see the figures.

Therefore, my plan is not to invest new assets in Drip Garden but to take as much and as long as possible.

#5 Crypto Miners (Daily Income $150)

As I talked about in some earlier posts, many crypto miners pulled the rug in June. So I took this as an opportunity to move away from many miners.

On Binance, I’m still invested in BNB Miner (which seems to be the most solid) and Baked Beans (I’m just taking out as much as possible).

On Cronos, I am invested in Crocodile Nest and Minecroft.

Currently, I have no plans to add other miners to my portfolio. First of all, I was pissed by the amount of rug pulls, and secondly, I believe that I finally found some “legit” (I know that word doesn’t fit here) miners.

BNB Miner is currently generating around $80 daily, whereas Crocodile Nest and Minecroft generate ~25 each and Baked Beans around $20.

Overall Income ~11,000 Dollars but Bottom Line only 5,000 Dollars

As a result, I made around 11,000 dollars with the various income streams. However, there are two things to mention:

  1. The result has only been possible with a fresh injection of money (especially in Dark Crystal and Grape to a much lower extent). Otherwise, my earnings would have been around 7,500–8,000 USD.
  2. I had to cover some losses resulting from miner rug pulls. Overall, I lost around $3,000.

Therefore, my ultimate bottom line in June was (only) 5,000 USD. However, I do believe that I recreated the fundament for higher earnings in the following months!

Actually, that was one of my worst months for a long time. However, when looking at the overall crypto market, I think my income streams —still— performed exceptionally well.

 

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This article is for informational purposes only. It should not be considered Financial or Legal Advice. Not all information will be accurate. Consult a financial professional before making any major financial decisions.