My $1,000,000 Mission — 120 Day Update

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Same Golden Egg — More passive income

Well, I am a little late on this one, about 3 weeks. Today is really day 138 in my DRIP journey. DRIP is at $140 now and we are earning 3 per day. Since this is an update on my progress I’ll be repeating some things from previous articles while still showing you the power of this project.

I am only showing you the success I have had with this project. I have been in DRIP for just under 5 months and it has delivered exactly what the contract says. DRIP promises you 1% daily of your total deposits compounded as often as you choose.

I am at a point where I am now alternating weekly claims and hydrates. I’ve written about this in previous articles but I am now claiming half the month and hydrating half the month. When I claim I am claiming directly out of DRIP to my MM wallet to Binance.us then out to my bank account. From there I pay bills with DRIP.

While that isn’t as exciting as people writing about Lambos and other exotic toys, it is a real use case

DRIP is not only paying bills for me now but I still get to take advantage of compound interest the other half of the month.

The great thing with DRIP is that you can hydrate and claim on your own schedule. You’ll just want to make sure you aren’t claiming to the point of having a negative net deposit value.

Since I am going to a claim/hydrate schedule vs a hydrate only my journey to $1,000,000 per year in passive income will be delayed.

I should hit that magic mark of 20 DRIP per day sometime in March of 2023. So if everything with DRIP stays the same I am about a year away from millionaire status, sooner if DRIP continues to increase, a bit longer if it dips.

Screenshot just before hydrating while still at 314 in total deposits.

Just before Hydration
After Hydration

A screenshot just after hydration.

Currently, I am earning 3.2 DRIP per day at $140 per DRIP. $448 per day minus the 20% tax (10% on Claim, 10% on Sell) of $90 = $358 per day x 365 days puts me at $130k per year entirely passive!

Now that I have documented my success I’d like to mention that I have read some negative articles on DRIP and I do believe that a small number of them bring up some valid concerns however most are just negative without having done any research on this project.

Valid concerns? — Well sure, This is crypto, we are in the infancy of DeFi so there are inherent risks with anything new. We don’t know the future of this project or anything else in the DeFi space.

There is also a risk in keeping your money in the bank, investing in the stock market, investing in real estate, you name it. We also don’t know the future of those entities.

There is risk involved in ANYTHING you put your money in.

So yeah sure — there is risk but in my opinion it is only risk of the unknown.
This project doesn’t favor one side or the other. Everyone gets 1% of their total deposits, no more, no less. No matter how much or how little you invest. You get 1% of YOUR contributions.

I will say that I haven’t read even 1 negative article from someone who’s invested in DRIP.
If you have, please link to it in the comments.

My suggestion would be to ignore the FUD and invest if and when you are ready.

If you are waiting to get in at a lower price I am not sure you are going to see DRIP much lower than it is now. Lately, it’s been fluctuating between $120 and $150 and we just had a farm launch and more utilities are on the way.

However — don’t worry about the price, don’t let those numbers scare you. The power of this investment is the 1% daily compound interest of your deposited DRIP.

You’ve probably noticed many of us are writing articles about DRIP recently. People are discovering this amazing opportunity and they are spreading the word.

DRIP has seen huge growth recently. Since I’ve been here, the community I joined (Cryptozoa) now has almost 12,000 members and we are just one of the communities out there!

If you don’t have $14k to get 100 DRIP initially then you just invest smaller and compound your DRIP tokens over time.
That is all good, you will be successful!

This will happen quickly. I have 3x mine in just under 5 months!

Start with 15 DRIP and hydrate only once per week and you’ll be at 51 DRIP in 138 days. So that means in less than 5 months you are now earning .51 DRIP per day at the current price of $140. That’s $70 per day, every day.

I would normally suggest hydrating until you get to 100 DRIP before you start claiming but you can claim and hydrate however it makes sense for you!

The performance of DRIP isn’t unique to me. This performs the same for everyone. There is nothing special about me or the way I approached it. I am just taking advantage of compound interest and price appreciation. You can too, all you have to do is start.

Oh and I almost forgot, the gas fees of my hydrations to this point. I have hydrated about 45 times (about once every 3 days) and they cost about $1 per hydration. So you want to keep some bnb in your wallet to pay for hydrations. $45-$50 is a good start to get through about 4 months. If you plan to hydrate aggressively (once per day) you’ll want to account for that.

In August of 2021,I was just learning about DRIP and reading articles the same as you are now.

I finally invested a month later and my only regret is not investing a month earlier.

My articles are meant to show you that ANYONE can do this. I do not have a special set of skills, I am not Liam Neeson. This is simply compound interest coupled with taxes done right. Every transaction gets taxed and everyone benefits from that tax.

Stay tuned as I continue to document my journey to financial freedom.

If you need further details on how to get started or if you want to just stop by to say hello please reach out to me via Telegram. Gavin https://t.me/gavin1177

Thank you for taking the time to read this. If you liked this article, please follow me on Medium and subscribe to get e-mail updates.

I have other articles on this amazing opportunity — please give them a read.

DRIP — The path to financial freedom

Financial Freedom 60 day update

My Million Dollar Play

The Keys to Early Retirement — DRIP

My life-changing gift to my parents — funding their retirement with only $200

My Million Dollar Mission — 90 Day Update

The path to $1,000,000 begins with one DRIP

How to turn $2,000 into $2,000,000 in less than 3 years

$4,000 per month in passive income — Anyone can do this

How to Join the labor shortage and make $6,000 per month from home

How to Start

  1. Go to https://drip.community/fountain and exchange BNB for DRIP. (if you need help with this please email me or leave a comment and I will send you detailed instructions)
  2. Go to the Faucet, and enter a Buddy address in the Referral section. Consider using my buddy address: 0x22d344e21247dc779112963630BB75CF7B0c984F
  3. Deposit at least 1.12 DRIP (Ensure you have 0.05–0.1 BNB for transaction fees.) However I would suggest starting with the maximum you are comfortable with.

That’s it! — you will now earn daily passive income and are on your way to financial freedom.

Be sure to return often and hydrate!

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 0x22d344e21247dc779112963630BB75CF7B0c984F), and then head over to the Cryptozoa Telegram Gateway. Let the admins on duty know that Gavin sent you — then once you are onboard find me and DM me to say Hi!

Note — You DO NOT withdraw your initial deposit. Instead you will receive 1% daily. If you decide you do not like the project and want your money back, simply return as often as your schedule permits and withdraw your DRIP tokens. You should be able to withdraw 100% of your deposit in 100 days (depending on the price of DRIP when you purchase vs sell). Even if you choose to leave you should still return at your convenience to take your 1% daily until you reach your max payout which is 365% of your deposits. So even if you do NOTHING for a year you are still going to get a 365% return on your deposit.

Disclaimer: This article is not to be considered investment advice. You need to do your own research (DYOR) before investing and only invest what you are willing to lose. We are in the infancy of Decentralized Finance (DeFi) and you should familiarize yourself with the risks and rewards of DeFi and being an early adopter before investing.