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Is Investing in Crypto for Passive Income Goals a Good Idea-l? by@newsletters
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Is Investing in Crypto for Passive Income Goals a Good Idea-l?

by newsletters October 18th, 2021
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Bitcoin - and the decentralized finance (DeFi) industry blossoming around it - is here to stay. In less than one year, it grew by 4000% reaching over $40 billion at one point. Despite the overwhelming influx of new interest and investment, decentralized finance is far from perfect. Thankfully, its flaws are not systematic human greed or corruption, or inequality and exclusivity. Now is a great time to become a liquidity provider, and supply needs to meet fast-growing demands. To help grow the DeFi economy, many projects offer incentives or rewards for crypto holders to contribute their funds.
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Your mom is asking about it.


Governments are **​resisting it**​.


Industries are **​innovating with it​. Elon Musk is shamelessly ​tweeting about it**​.


Unless you’ve been on a digital diet for the past year, it’s very likely you’ve heard about Bitcoin and/or cryptocurrency generally. You might even ​hate ​hearing about this by now.


So whether you’re happy it’s yet again entering the mainstream consciousness, Bitcoin - and the decentralized finance (DeFi) industry blossoming around it - is here to stay.


There are billions in **​total value locked in the DeFi economy**​. In less than one year, it grew by 4000%, reaching over $40 billion at one point.


But despite the overwhelming influx of new interest and investment, decentralized finance is far from perfect. Thankfully, its flaws are not systematic human greed or corruption, or inequality and exclusivity. Its issues are mostly on the technical and social side, and so in theory will be resolved over time and with more participation.


One of these fixable flaws of the crypto economy is a lack of liquidity.​ ​And​ ​you​ ​can help provide it, making the market stronger and earning passive income at the same time.


Now is a great time to become a liquidity provider. The industry is scaling fast and supply needs to meet fast-growing demands. To help grow the decentralized economy, many projects offer incentives or rewards for crypto holders to contribute their funds (supply liquidity) and help sustain this fast-growing ecosystem.


One popular incentive is through yield farming (also known as liquidity mining).


A fluid economy is a powerful one, opening up new financial opportunities and freedom for everyone - not just the upper echelon of Wall Street bros. So ​**learn more about liquidity mining** and maybe discover (or rekindle) a new relationship with crypto <3


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