Cryptocurrency "DRIP" program =$$$$
Stock investors who are focused on long term wealth accumulation look for other vehicles than the standard speculative "ride the bull" investing. That's where you find a stock that's undervalued and simply ride it the way up then selloff, taking a capital gains profit.
Other investors look for DRIP programs, (acronym for dividend reinvestment program). That's where you buy a dividend paying stock, and then when a dividend is paid, that dividend is used to buy more stock, creating a snowball effect long term.
So why not apply that strategy to crypto? I never liked day trading, I thought it always left too much room for shenanigans by brokers. Buying or selling $0.54 too late could cost you a fortune. Instead, treat your money like a ho. While you sit back tell your money to keep working, delegate the responsibility of making money to the money itself.
So how do you apply this philosophy to crypto?
Genesis Mining + Bitconnect (I'm probably way late, I'm sure someone has done this already lol, but Im new so I'll share anyway).
Mine coins via Genesis Mining, and choose the BTC payout. After a week or so of BTC payouts, go to Bitconnect, and lend them that week of bitcoins. With the return on the Bitconnect loan, buy more hash in Genesis mining. Mine more coins, then lend more in bitconnect until you reach $100,000 ($400-2,000 dollars a day it looks like). Just have to make sure the math is good when you trade and fees don't eat up your profits :) I'm a fan of using a system more so than sitting around waiting for dips.
$1,000+ a day sounds really nice
Bitconnect : https://bitconnect.co/?ref=Sutekh
Genesis Mining : D4FMAK 3% off