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DRIP — Update on $540 investment after 4 weeks.

Around 4 weeks back, 3 and a half weeks to be precise I wrote my first article on my progress journey to DRIP. My initial investment at that time was $540 and my DRIP deposited in the faucet was 13. 382.

My target for withdrawal was min $50 per day which, with the 1% daily reward compounding, would have taken 183 days from that day, so around 150 days remain to reach my target.

Today, I have 25.627 DRIP in the faucet and I can withdraw around $36 a day. Doing the math now, at my current level, if I wish, I could withdraw $50 within 30 days. So, how could I reach my target so much sooner? First, let’s get to know about DRIP.

What is DRIP?

DRIP is a Defi project that can provide passive income through smart contracts. You purchase DRIP and deposit it into the faucet. Once your DRIP is in the faucet, it pays you 1% per day every single day in DRIP tokens. You have two options after that, either you can claim your daily earnings or deposit back in faucet(hydrate) to compound your daily earnings. On hydrating, you get 3678% APY by the end of the year.

How I am so near my target so early?

The first and most important approach I took was to hydrate daily. I just deposited the 1% daily gain back to the faucet which leads to compound interest. This one is the best approach which helps to increase the initial amount.

The second approach was to work on my team. Last time I updated you, I had 4 people in my team. Today I have 8. This approach is an add-on feature that our awesome developer thought of. It helps to increase the deposit, but is completely optional.

Another reason might be cheating a bit- I have deposited another 3.6 DRIP to my account. The performance of DRIP has been so great recently that I couldn’t miss the opportunity.

And one last reason is the great price appreciation of the DRIP token. Look into the price appreciation chart of DRIP. It is just mind-blowing.

Can anyone still expect such great performance?

Why not? Every day DRIP is performing like a beast. There is no weakness observed even after such a great run. Every day DRIP is showing its strength and with many upcoming plans, our developer Forex Shark has that there is no stopping anytime soon. So, how can anyone start this journey?

How to Start

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 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 (by getting into DRIP and using my Buddy address above), and then head over to my Personal Telegram Gateway. I can help you get going with DRIP if you need it, or answer any questions you have as well (to the best of my ability!)

Nothing in this article is to be construed as investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits, or losses you may incur as a result of this information. The article may contain affiliate links.

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Ashutosh Sinha

An IT engineer by profession. Looking into the world of passive income in crypto.