Is Axie Infinity A Good Investment Still?
Let’s Compare It To Real Estate…
( This Was A Post, I Posted In A Private Group, Enjoy ❤ )
This Is Why I HATE Real Estate (Rentals Properties)
📌My 2015 property went from $118k to $220
📌My 2016 property rent from $122k to $225k
📌My 2017 properties went from $268k to $400k
📌my 2019 property went from $286k to $365k
😞What Is Even Worse Is I Was Getting:
12% Cash on Cash Return. A YEAR!?!?
And That Already Accounted For:
Don’t Get Me Started On How I Was Able To:
Cash Our Refi On My First 3 Properties.
Buy A 4 Unit Without Any Money Out of Pocket.
The Old School Investor Would Love These Numbers.
But If You Are Someone, Who Is Looking To Collapse Time,
💅Those Are Rookie Numbers.
Keep In Mind What I Am About To Tell You About Was
Nerfed 93.74% Already.
We Are Currently Buying These:
Income Producing Assets For $500–600
(Even After Being 93.74% Nerf)
Each Asset Makes:
$60 A Month, Or 10% Cash on Cash Return Monthly.
Did I Mention This Is From A Video Game?
Yes. We Are Buying Income Producing NFT’s In A Video Game.
👉Axie Infinity. ( A Crypto/Blockchain Video Game)
But What Fun is 10% Cash On Cash Return /Monthly?
THIS IS NOT FINANCIAL ADVICE
We Take A Portion of Our Profits And Convert It To Eth.
We Can Then Earn On Our Eth From Staking.
& Borrow Around 50% Of It From A Liquidity Protocol.
Take $2,000 From Our Profits In A Passive Income Video Game.
Stake It. (Or $20,000 It’s Scalable )
Earning On The $2,000 In Eth.
ProTip: If You Stake On Aave, You Can Earn A Secondary Token For Staking & Borrowing.
Borrow $1,000 ( Now You Are Now Have $3,000 Earning)
SideNote: This Is Called Leveraged And You Can Get Rekted.
I Love Magical Internet Money.
You Can Take That Borrowed Money And Stake It On Anchor And Earn A Cool 20% On A Stable Coin.
Essentially Yield Farming On Borrowed Money
And Making The Difference On The Yield
Borrow At 3.5%
Pro Tip: Borrowing Against Your Crypto In Aave, You Essentially Wipe The Borrowed Interest Rate (Rewards > Interest)
Side Note: You Are Essentially A Bank, Playing The Spread, But You Get Get Free Money(Airdrops) On Anchor, So Better Than A Bank.
Extra Side Note: Full Transparency, I Don’t Yield Farm Stable Coins, That’s Too Slow. But It’s “Safe”. DYOR
You Now Have A Golden Goose That Is Earning 10% Cash On Cash Returns Monthly Without Having To
Earning Staking Rewards In Ethereum From The Profits You Take.
While Also Earning Another Token(Matic/Avalanche) (2Fer1)
Borrowing Against Your Assets Into A Stable Coin.
(Pretty Much Free Interest )
Earning A Solid 20% APR On A Stable Coin.
Anyways, I Gotta Go My GoldFish Is Drowning.
Gotta Save It.
Ps. You Can Easily Sky Rocket Your 10% Monthly Cash on Cash Return To An Easy 20–30% Monthly With Some Other Staking Tactics;
Check Out Learning More About Axie Infinity.