Welcome!

FromMinimumToAMillionHello and welcome to the (re)birth of my blog. My intention is, as the title suggests, to get ‘from minimum to a million’ pounds from cryptocurrency alone. I read once that the best way to make a million is to have more than one revenue stream (not including my regular job) so that’s what I’m intending to do. In-depth details of my strategy can be found on the ‘Strategy’ page from the menu bar. If anyone has any suggestions for more revenue streams that can speed up my progress to a million then feel free to let me know. I can test / promote them if they work!

The ‘streams’ all revolve around cryptocurrencies:-

  1. Invest in cryptocurrency liquidity pairs
  2. Invest in new coin launches and either cash in the profits or hodl (or a mixture of both)
  3. Run an automated ‘bot’ on cryptocurrencies (hopefully fed by profits from points 1 and 2)
  4. Staking
  5. Cloud mining
  6. Airdrops
  7. Learn & Earn
  8. Referrals
  9. NFTs

Firstly, let me explain the (re) part of the birth of this blog. I actually attempted this around the end of 2017 / beginning of 2018. Things were going quite well and I was up to about £3k. However, chasing a ‘quick win’ I got scammed out of the whole lot by someone on a Russian exchange (naming no names but it’s still going now). I was obviously really annoyed after having such a good start and then going back to zero again that I decided to have a break from crypto. My interest was re-kindled after a conversation with an old friend who now lives abroad who showed me his portfolio worth over 500k.

So, once I decided to try this again, I looked at the balances from all of my old crypto accounts and there was about £100 dotted around so I’m using that as my starting reference point. I built up some of the pot originally by doing some faucets to earn free coins. It’s probably fractions of a pence but when you do several of them several times a day you can get a few quid a month from it.

A decent return would be around 1% daily so starting with the pot of £100 (not including bot purchase price from 2017) and compounding the balance should hit the magic £million mark on day 926. Of course, you’d be silly to leave all of that money in investments whilst still having every day life debts like mortgages and loans so if all goes well then I’ll be withdrawing some of the profits along the way. Still, I think that just under 3 years to a million from nothing would be a miraculous achievement!

I did also try GPU mining in the past but the cost of electricity in the UK is quite high so it’s not really worth it at the moment.

I thought about giving daily updates but that would be too time consuming so I will try and update every week with ‘end of week’ figures highlighting profits / losses for that week and ongoing totals.

My current holdings can be found on the Portfolio page.

Please feel free to follow my progress, offer words of wisdom and advice and most of all – wish me luck!

Weekly Update – 7th Feb 2022

This week started with the ICO for another Cardano based project – Empowa. This one is focussed on regeneration of housing in Africa. I’d passed my KYC previously so on Monday I handed over 235 ADA to reserve 1000 Empowa tokens at $0.25 each. The actual token generation event (TGE) isn’t for another 6 months so this is one for the future and will be added onto the portfolio as an asset with no current value.

Another project that I’m following closely is Ziber Bugs. It is still in the very early stages and if you’re quick, you can get into the ‘Top 200’ club on their Discord channel which will bag you $120 worth of free $ZIBER token at IDO price when it’s launched in Q2 2022. It seems to be a bit like Axie Infinity which as we all know is the biggest P2E game out there at the moment. The good thing about Ziber compared to Axie is that there is no minimum $1000 investment to actually start playing and there are great mechanisms in place to keep the game sustainable. As comparison – if you’d have had bought $120 worth of Axie in their ICO (at $0.08) then you’d be sitting on $75,000 worth now.

I entered something on the Metafluence Discord or Telegram channel a long time ago (so long ago I can’t even remember) and must’ve been picked as they airdropped me another 3,600 tokens this week which at current prices (thanks to a huge surge in the last 48 hours) equates to about $110. It all helps!

I’ve been trying to trade VyFi this week too. More and more people are learning about the project so the buying pressures were increasing but there is more selling pressure as of yesterday. I’m still staking my VyFi Purple NFT and the 350-odd tokens that I have so the pot is building slowly but surely. This one will definitely hit $50 in the next year or two!

Other than that it’s been a relatively quiet week as not many new launches are happening in the current bear market. They all seem to be delaying launch until more ‘favourable market conditions’.

To see the full portfolio that I have then please visit the Portfolio page.

If you’re interested in my progress then please like and follow!

The Story So Far – 31st Jan 2022

So today is the day that I officially draw a line in the sand and start my journey to hopefully become a millionaire. As mentioned on the Welcome page, I dabbled in crypto just over 4 years ago and got scammed so gave up for a while. I had around $180 dotted around on different exchanges so I consolidated into one place and basically went all-in on a coin called WEYU. I managed to get into the ICO at $0.005, rode a bit of a late storm and then cashed in for 9x profit a couple of months later.

I invested into another great token called VyFinance (VYFI). Again, I got into the ICO around Sept 2021 for $0.60 per token. It wasn’t tradable until Jan 2022 but in the meantime they gave away a Purple NFT to all of the people that participated in the ICO. This is a really great NFT as it actually has uses in that it can be staked on their website to earn tokens in either VyFi or one of their partner projects like ADAX or FLICK. I personally am sticking with consolidating my VYFI holding. The NFT is actually trading on secondary marketplaces like CNFT.io for around 2000 ADA at time of publishing which isn’t bad for a freebie!

Next up I invested in KODI and EverGrowCoin (EGC). Both of which because they give ‘reflections’. i.e. you get rewards from all token trades for just holding the token in your wallet. EGC gave BUSD and KODI gave BNB. BUSD and BNB will be used a LOT in the journey to a $million. I also bought a few sh*tcoins just on the off-chance that one of them will ‘do a SHIB’ and rocket from nothing to millions. However, somehow I must’ve signed a transaction on MetaMask which gave someone unlimited access to ALL of my coins so I literally had all of my KODI, EGC, BNB and BUSD stolen from my MetaMask wallet which at the time amounted to around $3k. Needless to say I was NOT happy! This also prompted me to ask Santa for a Ledger Nano X for Xmas for a layer of protection for my funds. I’ll create a page highlighting some of the scams that you will probably come across and ways in which you can try to avoid them.

After creating a new MetaMask wallet and starting almost from scratch (again!) I managed to get into another couple of new token launches. The hardest part is getting whitelisted to join them. Pretty much all of the launchpads have ‘tiers’ so you need to purchase their tokens to get higher up in the tiers and in return get more lottery tickets for the chance of an allocation. You basically need money to make money! e.g. to get to a guaranteed tier on BSCPad you require 10,000 tokens. A few weeks ago they were trading for around $2 each so that’s a $20,000 investment to guarantee an allocation!

There are a few launchpads which give you guaranteed allocations calculated by your token holdings compared to the total holdings. e.g. StarLaunch and Impossible Finance. I have added both of those to my portfolio. StarLaunch (STARS) tokens can be staked to earn Hydrazine (N2H4) which can then be burnt to participate in new launches. They can also be sold on the secondary market for SOL or even more STARS if you so wish. I have been selling and building up my STARS portfolio with it.

I’ve also managed to ‘flip’ a couple of NFTs (Non-Fungible Tokens). Basically they are pieces of online digital art but people are going crazy for them at the moment! Firstly was one from a project called Artifct. They were selling off 5000 pieces of the surface of the moon at 50 ADA each. It was random distribution and I ended up with one from the dark side of the moon (so one of the not-so-good ones). I ended up selling it a couple of weeks later for about 130 ADA. Second up was another one from VyFi. They were selling an NFT to celebrate their partnership with the ADAX exchange priced at 87 ADA each. It was fastest finger first as there were only 700 available. And seeing as the Cardano chain has ground to a halt recently it also became a lottery on how quickly your wallet managed to send the transaction in! I tried to buy two – one from the Yoroi wallet and one from CCVault. I did CCVault first and it took over 3.5 hours for the transaction to actually show up! The Yoroi one went through in about 17 mins and I was lucky enough to get one of the last available ones. It took a couple of days for the VyFi team to distribute them too and again, I was lucky enough to be one of the first to receive so I immediately listed it on CNFT.io for 999 ADA and it was sold! Taking into account the CNFT charges and that there are also now 11% royalties to be paid on VyFi NFTs (the proceeds of which will be fed into a part of the VyFi ‘bar’ as rewards for token holders), I ended up with 865 ADA so that’s a 10x in less than 24 hours! I was hoping that once all of the NFTs were distributed then there would be more listings and the price would drop. Potentially allowing me to re-buy one cheaper and still have money leftover essentially making it a freebie. I’m still monitoring but will update you all in the next post.

That just about brings me up to the current state of play! To see the full portfolio that I have then please visit the Portfolio page.

If you’re interested in my progress then please like and follow!