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Can anyone recommend faucets for the following cryptos.
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ive been doing the same strategy of BTC and NEOS BTCI and honestly its amazing how good of a engine bitcoin is
NEOS is pretty good about not over distributing. They make a point of paying sustainable yield. They are definitely not Yieldmax. Yes, BTCI loses upside. But, when there are winters or choppiness---BTCI continues to print and, by stacking shares, it will outperform spot. The way it loses, is if BTC goes up in a straight line. I'm totally ok with trading away some upside for a huge yield. By reinvesting, I'm getting most of the total return when BTC appreciates---and BTCI dominates when BTC is flat or goes down. Stacking shares in those scenarios is unreal growth in income. It does depend on how BTC appreciates. But I'm betting on choppiness and more winters... And frankly, with BTCI, you're just betting that BTC survives and stays volatile. With reinvestment, it grows tremendously. Growth investors want max total return. Income investors want low volatility. I'm a unicorn in that I'm an aggressive income investor. I'm ok with market price volatility. As long as my income keeps growing...
Yes, it's a great idea. But buy BTCI. It's bitcoin but NEOS sells most of the upside via covered calls. And use that to buy more. And as a result, while you don't get all the upside, you get massive income...
Yup. I don't want to manage call writing, rolling, setting strikes, etc. I give it to NEOS and get my 2% a month. BTCI destroys IBIT if BTC stays choppy. Only loses in a straight line up--and even then, it captures a portion of the growth through writing out of the money calls. It's awesome...
Bitcoin or NEOS S&P 500 High Income ETF ( SPYI ) 20k would net you around 380 shares that would pay around 200 a month.
Yes it's a nice play. I personally hold BTCI from NEOS and really like the monthly income it provides.
I actually bought my house in my mid 20s in 2017, fixed it up and sold it in 2022 and funneled the proceeds into BTC. Lived in my Civic for a couple years and retired now. Still have most of the BTC but sold enough (about 20%) to set up a NEOS ETF portfolio for passive income based, moved to the Philippines and retired. Bringing in about $6,000 a month in distributions. I’m already half filipino, have family here and met my wife here so it wasn’t difficult to move. Basically at 20, my parents split up in a messy divorce after my mom cheated and abruptly left. Rent was only going up and my dads credit was destroyed from the divorce so a couple years later I got a decent USDA 0% down mortgage myself so my dad and 2 siblings could get back on their feet and finish school. After they eventually moved out is when I decided to sell. My case is very… unique… but people do make profit in BTC