Crypto News High Yield Bitcoin Wallets create Cryptocurrency arbitrage with Drip token
hey guys welcome back drip coach here
with drip and farm for poverty where we
don’t trust we verify and operate with
integrity and transparency let’s dive in
So today we’re going to be going back to
the original high yield Bitcoin wallet
on the trip to BTC platform remember the
one that I’m utilizing for the fees
being generated across the platform so
for those of you that are not familiar
with this wallet and its uniqueness
going to be a short rundown so on the
homepage you will find that it says earn
up to 8% on your Bitcoin so when you
sign up for this and remember no kyc is
necessary and you can sign up for this
um anywhere in the world it is
restricted to the US but you can get
around that simply by using a three
letter
acronym and once you register so just
with an email and that’s it you will get
access to the platform and remember it’s
8% on your deposit not 8% APR
apy not 8% compounded 8% on your deposit
and what actually ends up happening when
you participate in this platform you
will get access to this dashboard here
and when you make a deposit into your
address that you see here on on the
platform you will be taxed
10% and then that 10% goes towards
paying credits and things that nature
throughout the system for people using
the marketplace and making deposits on
the platform but what you will receive
in return is
18% or thereby a net 8% in credits over
here these credits can be sold on the
marketplace and your Bitcoin that you
have deposited minus that 10% deposit
tax can be immediately withdrawn so
there’s no Capital ever being locked up
as you accumulate credits either from
deposit or from the purchases of credits
from the marketplace this trickles out
at various rates based on your behavior
in the platform as well as from other
players within the platform so again the
tldr the simple strategy is accumulate
credits at discount via either buying
them or making fresh deposits into the
platform now mystify has added some fail
saves so that people do not try to leech
and and uh Jeep the system as they’ve
done in other ones AKA making multiple
wallet strategies where you make a
wallet send the money out then send it
to another wallet send it out another
whatever the case may be so he has ways
of checking on that but he did say you
could have up to four per person so you
could have one wallet where you were
making deposits another wallet where
you’re making uh purchases so you do not
end up with a huge amount of credits
owed to you cuz that will take time to
Triple out I’ll show you that on my
other wallet um it’s sitting at about
now 6 months if I just let it sit there
to pay out itself which will still be
well into the bull runs that’s why I’m
not really worried about it right now
and I’m trying to accumulate more
credits because again you’re
accumulating credits and right now these
credits one credit one whole BTC or one
whole credit is worth about $66,000 the
current price of Bitcoin but let’s fast
forward 6 months from now that same
credit could be worth 100 110 120 nobody
knows so that’s why I’m looking at
purchasing these credits from the
marketplace but in this video what I
want from you guys because I told you at
the beginning of this month 23 days ago
that I was going to let this accumulate
and then see how you guys wanted me to
structure or play this so as of right
now since I launched this platform or
shared this platform we’ve had 130
people register and test it out under
the drip to BTC so shouts out to you
guys for getting out here and testing
this out and that has generated $320 in
fees now again the name of the game for
me is to not sell the Bitcoin so what I
said I would
do is take that BTC and pair it with WAP
drip and create an LP over here on
pancake swap so I’m still going to do do
that I just haven’t decided if it’s
going to be a V3 pool or a V2 probably
going to go with V2 because it’s just
going to be much easier to
[Music]
create and then what that will do is
create another unique Arbitrage
opportunity on the pretty much dead jerk
token um but that allows me to not have
to sell the BTC and then again as BTC
appreciates in price that will cause
this pool to appreciate and that will
again make Arbitrage opportunities so I
don’t have the capital in here right now
to make this like super bullish for the
entire ecosystem but with you guys’
support and spreading the word about
this high yield Bitcoin wallet this
could see some decent amount of adoption
and I will do my part by um leveraging
these fees to support the drip token and
like I told you guys unfortunately it’s
a double-edged sword it will be a very
slow climb out of this uh uh death
spiral that we found ourselves in
but um it can happen because BTC is the
king of crypto is not going anywhere and
the only risk on this is that mystify
runs off with the keys and like I said
that’s no different than the risk from
other centralized platforms centralized
daps so um I put that in the same bucket
the difference is though that I know
Bitcoin is something I want to
accumulate and I know that that will be
here versus other tokens that I was
accumulating that were worth nothing so
if you guys start testing this out
spreading the word commenting on the
videos all this other stuff then we
could start to one help other people get
onboard into crypto start them into
their journey of getting a Bitcoin
wallet that’s generating high yield
letting them understand how a simple dap
works and doing transactions like this
on a Dap it’s not technically a Dap it’s
not a decentralized app but you get what
I mean and then through that we end up
generating more fees and as these fees
get generated then I can create the lp
over here on Bank Swap and then that in
turn creates the
Arbitrage that will show up kind of how
it does here on AI drip so if you want
to buy drip right now there’s multiple
different Arbitrage opportunities for
you to see where to buy it at and
technically there are way more than that
because you have rap drip WB andb you
have rap drip with pulse WAP drip with
cow tip WAP drip with P drip and
unfortunately again none of these have a
significant amount of liquidity this one
is
$4,000 caltip is
23,000 another
23,000
uh 16 so you guys could help me actually
put a serious dent in this and become
maybe the number one pool because the
largest right now is like
23,000 and that’s rap drip and cow tip
so um yeah this could become something
it doesn’t it wouldn’t take much right
now with the we could run the numbers
I’m not going to do that but with the
130 wallets that got registered that
generated about
$320 so you know we 10x that get 1,300
registered users um then we got $3,000
you know and this could be generated
again every month so there’s different
ways of course even with the existing
users sending more Capital onto the
platform but again I want you guys to
leverage your own risk reward ratio and
what you think is feasible but so far
from what I see this is doing exactly as
uh designed with no issues and with
mytifi constantly making small tweaks
and changes to make this more
sustainable and
um uh beneficial to
everyone so drop me some comments some
feedback in here if you guys have a
different idea right now I’m going to
run with that pairing of drip in BTC and
then I’m still going to you know do the
V2 because I think that’s just the
easiest for me to integrate and um the
fee tier I’m guessing will be 1% that
seems to be the most the default for
volatile
assets and yeah just wanted you guys to
see that and again the transparency
behind it there will be some opaqueness
that will have to constitute this
because right now remember this is on
the BTC the Bitcoin blockchain so I have
to send this to my binance account and
then from binance send it back out to be
20 so there will be some lost bit coin
on the network right now going from uh
the BTC blockchain to be 20 but it
should be should be still about $300 by
the time this all said and done we still
got another eight days before that takes
place but want to give you guys an
update on that so you would be familiar
and just briefly touch on the crypto
Arbitrage side of drip because I’m going
to start trying to um generate more
engagement on my channel based off of
what people are looking for so there’s
tend to be as a Content Gap in high
search volume for crypto Arbitrage
crypto Arbitrage trading crypto
arbitrage strategy Arbitrage crypto
crypto Arbitrage bot so clearly people
are looking to figure out what crypto
Arbitrage is and this also is exactly
what I told you guys about the bot that
I was trying to get built or still
working on getting built with or
um right now he’s been busy with the
salon Dev work and stuff like that but
that’s still something I want to build
because Arbitrage is an easy way to
introduce people into crypto and a great
way to um find kind of what it said
content gaps but in gaps in the market
to where you can actually make some
dividends by trading
between um price differentials on
different exchanges or even on the same
exchange sometimes so depending on how
it’s set up so like with drip there’ll
be
one
uh two three four five right now there
are five locations to exchange drip and
the more places we add I.E trip to B
trip to BTC that creates more Arbitrage
opportunities between them because
people try to keep the prices
sustainable so I don’t have a L
liquidity right now to really make a
dent in that as I showed you guys the
lowest is like 4K and I’ll be sitting at
300 but as this grows because I’ll be
able to add these fees every month to
that it could definitely become a
contender
so rap drip and P drip right now is
sitting at$
4,200 that is definitely something that
I could do and right now on my other
wallet I do have about half of that
sitting there in BTC now granted it’s in
the credit side and has to trickle its
way out but just showing you again the
power of this platform and the
strategies that I’m in implementing and
what I plan to do going forward so let
me know your thoughts in comments below
and then um also if you need more
in-depth uh understanding of crypto
Arbitrage and how that works can
definitely show you that in a more
detailed video and let me know what your
thoughts are in regards to the fees V2
V3 uh if you think I should just take
the money out and keep it and not do
that at all but I would love to see this
platform gain more traction and get you
get more users to support it and
understand and ask questions so that we
can uh break down any issues so that
everyone this cycle can benefit from
Bitcoin accumulation and bitcoin price
appreciation and then whatever you want
to take with your 10% as R pow said to
gamble and be a filthy Deen then by all
means do so but let’s not neglect
Bitcoin accumulation this cycle in my
humble opinion you’re not going to get
rich quick but at least you will not get
wrecked quick all right smash that HBO
special help a brother out like
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4 Comments
So if other folks want to add drip/btc is that beneficial to make that pool the biggest of the drip lp pools which then causes other communities to take a look at this project? Seems like 50k if multiple folks are adding lp is very doable over next months is why I’m asking…?
I saw Bitcoin in the marketplace at like 22% discount yesterday I think it was and so now I’m sad I bought at “only” 20% discounts lol
Yes! Spread the word. People need to know about this wallet. There’s nothing else like it for BTC. It’s amazing. Great video Coach.
I think we could have something here coach. Good job!