At the beginning of January 2022, I took $1,700 USD and invested in a crypto coin called Drip Network.

Drip Network coin is a decentralized finance protocol that rewards it’s holders 1% per day of their holdings. They are able to do this with taxes on buys and sells from the coin and many other tokenomics.

I’m not really an expert at this stuff, so make sure you do your own research at their website here.

Here is What Scared Me At First About The Drip Network

When you buy the Drip Network coin your money get’s locked in and you can only take your 1% reward per day. For me it felt strange that if I changed my mind and wanted to sell this coin and take my money elsewhere, that I couldn’t do it.

But then I started to look into more and the Utility around the coin and what it can actually do to create wealth for the average person, and then I started to love the fact that I can only take out 1%.

My 30 Day Results After Investing $1,700 into Drip Network

It is now nearing the end of January and what does my $1,700 look like now?

Well the cool part is that on day one, because I bought $1,700 worth of Drip that I made $17 instantly because it pays out 1% per day on your holdings.

You have the chance to take that 1% reward or compound it back into your main balance.

I didn’t take out any rewards and I 100% re-invested my rewards back into my balance.

30 days later my account grew from $1,700 to $4,097.86

Not only did it grow to $4,097.86 but it is now paying me over $40 per day USD to make my account grow larger. The main balance did not only grow from me compounding my rewards back into Drip, but also because the Drip Coin has been growing in value from all the new people coming in and investing in Drip as well.

Drip went from $89 per coin to to a high of $168 per coin and now leveling off at $125 per coin

Right now Drip Network is going through a launch of TheAnimal.Farm which will bring more Utility to Drip Network and I predict the price of drip will 2-3x in price in the next couple of months.

Here is What I Like About the Drip Network

  • You can grow your 1% per day rewards to $100 per day, $500 per day, even $1,000 per day
  • You can get your original investment back by taking out your 1% daily rewards as time goes on
  • It has an awesome referral system that will bring more users and therefor raising the price of Drip
  • Forex_Shark the creator of drip is engaged with the community and upfront about everything
  • You literally can set yourself up for financial freedom with an investment in the Drip Network
  • You have the power of a bank or a wealthy person

How Do You Invest in the Drip Network?

The Drip Network coin is under the Binance Smart Chain network.

So the first order of business is to get some BNB coin so you can buy Drip and deposit your money and start earning 1% per day.

I made a little video showing you exactly the flow you would have to go through.

Here is how I invest in Drip.

  1. Turn my FIAT money into Cryptocurrency. I do this with Shakepay (Canada) or Coinbase. These two platforms I use to send my money over and buy Bitcoin.
  2. Then I send my BTC over to an exchange like KuCoin or Binance which are my favourite Exchanges.
  3. At the exchanges I trade my BTC for BNB coin.
  4. Then I have my Metamask Wallet which will interact with The Drip Network Website. I add the Binance Smart Chain Network to my Metamask wallet.
  5. Next I send my BNB from my Exchange over to my Metamask Wallet.
  6. Then on the Drip Website I connect my wallet
  7. Next under the “Swap Tab” I swap my BNB for Drip Network Coin.
  8. I leave a little BNB in my account for transaction fees. About $25-50 Worth.
  9. Next I go to the Faucet Tab
  10. I Enter my buddy code (which I only have to do one time ever) and hit update.
  11. Then I deposit my Drip into the Drip Network Faucet.
  12. It starts paying 1% every single day and right now I just “Hydrate” (recompound) my daily rewards everyday and watch my account grow.

Here is a buddy code that you will need to invest – 0x8072D55B99D088Dff0DcCf1b3D6187643b82d586

Minimum Investment in the Drip Network is 1 drip.

Drip – https://drip.community/faucet?buddy=0x8072D55B99D088Dff0DcCf1b3D6187643b82d586

Coinbase- https://www.coinbase.com/join/mitsui_q

Shakepay – https://shakepay.com/?referrerCode=DO…

Kucoin – https://www.kucoin.com/ucenter/signup…

Metamask – https://metamask.io/download/

Compound Calculator – https://compounddaily.org/calculator/

I’ll Keep You Posted on Drip

Hey if you into learning investing..why not stay updated on what I’m doing by subscribing to my newsletter at https://www.PatrickMitsuing.com

You will be the first to know where I’m investing my money at so you can check out and do your own research to see if you want to invest in it as well.

Keep checking back at my blog as well because I’m doing an experiment to see if I can get to $5,000 per day in passive income with Cryptocurrency just for shits and giggles.

Alright talk soon…

Also be a cool dude and leave a comment below 🙂

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