King Solomon
Sphinx
- Joined
- Aug 8, 2021
- Posts
- 2,851
- Reputation
- 3,789
1. Cryptocurrency 100-200x during bull market for new coins.
A. Sites like Binance launch pad kucoin, ascend x, coin list, Dao maker, oil caster, bsc launchpad and cubic prime can give you access to invest in brand new coins that are either ico, ido or ieo.
B. Do your research on the project, prospects, team members, tech, partnerships, white paper and roadmap.
C. Stay in touch on updates on social media.
D. Strategy: research 30 new future coins. Based on your research invest in the most solid projects. Go with no more than 10 but no less than 3. If possible cut out all the losses and hyper focus on the one or two winners to maximize returns.
Back in the day for the first 2 bull cycles every coin would 100k if brand new. Then the market became over saturated and celebrity scam coin pump and dumps came out of no where.
Back in 2015 I was using some of my credit card rental money for fun to gamble. I had to use Bitcoin to join this illegal sports gambling site. I made about 7k off $200 and I had saved 4 BTC in my gambling account not knowing it was going to explode. I didn't use that account again and then boom the crypto market exploded and I cashed out my chips. I couldn't believe a stupid worthless digital coin would be an investment strategy.
So in 2020 after retiring from my job and the credit card renting business I invested a small amount of my net Worth into cardano at 2 cents after the crash. Input in 100k and it went to $3.22 and I cashed out at $2 for 100x. I had put in two years of research into cardano and just waited for the right time to jump. This was a low risk high reward opportunity. I wish I would've dumped a million into cardano.
Risk factor 1/10. These are the riskiest investments I know at this point. They went from 100% locks to basically playing roulette
Return potential 8/10. There is insane potential on some of these coins.
Speed of returns: 10/10 I've seen some of these coins grow over 100x in a month. Some have 10x in a day. I had library coin as a hobby watching videos and gained 50k in one day . I invested nothing into the account as it was rewards from watching videos and getting to higher levels. Unfortunately the government attacked them and they crashed the next day
.
Cost: free if u use interest free credit card, loan, etc or 1k to make legit money . 5/10
Initial time investment: it can be 0 if u get lucky. Or it really takes a ton of up front research now days. 3/10
Long term time investment 10/10 just watch it soar.
Control 1/10 you don't have much control of the price unless you are a celebrity and pump it up. Or have a large Facebook cryptocurrency group.
These are high risk fast turn around and high reward investments.
Difficulty 9/10
2. Passive income side hussels businesses
A. Tradelines: back in the day you used to be able to rent out authorized users on your credit cards every month. I did this from 2012 to 2021. The average Au was $100 per Au and 3 AU per card and I had 50 cards and utilized several sites for my cards to ensure they would almost all be collecting some revenue. I collected 4 to 5 cards a year for 12 years I had an obsession with my credit score, rewards, points and maxing out the credit lines. Ones say in 2012 I was trying to find a way to maximize my gains and money off credit cards and I discovered tradelines. This is where my stupid obsession paid off outside of having a high credit score and some decent cash back. These credit cards surpassed my annual income as a cyber security analyst in one year.
By year 4 I was making $500 per card per month. My average card has 15k line and 8 years of history.
I doubt this method is working anymore. I'm sure you can rent out your future social credit score or start a site to sell other people's social credit scores. Sometimes your weird obsession can turn into millions of dollars with a bit of research. There was almost no work involved other than putting a person on as an authorized user and taking them off. I stopped applying for cards and focused mainly on maxing out the credit lines of the cards I had with long history. Cards with little history and small lines were worthless. It took 3-4 years to make a card worth $50 per month for an AU. I had mostly Barclays cards as you can have six AUs per card. I made 10k per month just from Barclays cards
Basically this cost no money at all as the credit cards were all free. I never paid interest and only got rewards and rental money from them. I started with a secured credit card at $250 in hs in 03 and never looked back. In 2012 I started with one card that made me $250 in one month and in four years they were banking 25k per month.
Strategy: research side hussels that you can use to generate passive income from like courses, renting out various stuff, b2b services by taking free lancing jobs with $100 per hour and paying $20 per hour for over seas people, etc .
Risk: 10/10 you are not risking much except some minimum time.
Cost: should be free to 1k max 5/10
Up front time investment: depends on what you do. 6/10
Long term time investment: 5/10 takes some hands on work but not too much.
Speed of returns: 3/10 no where near crypto as a 100x takes several years.
Potential returns: 4/10 these side hussels online businesses aren't going to grow into billions like cryptocurrency but can easily make you millions from pennies in a short period of time.
Control 8/10: you have the foundational site already set up and what you will be doing but outside of that you have a decent amount of control
Difficulty 5/10 takes some research and creativity.
3. Angel Investing.
This is the investment into a small startup business that needs capital ronger started. The rewards of this investment is incredible. There are many sites to support this venture and its rewarding to see your net worth grow and the business grow. If the company goes public it's like hitting a jackpot.
Strategy: go to one of the many sites.
Wefunder, angelist, start engine, seed invest, republic, etc.
Conduct market Research: niche, team, market cap, investment details and requirements, product or services, competition, debt, etc.
Find something you think you and a vast majority of people could benefit from.
Don't invest more than 5% or your net Worth. A 5k investment can be extremely profitable in the long run.
I personally do not have a success story yet as I invested in the initial round for boxabl on we shares. I have several hundred thousand shares which doesn't mean anything until they go public. They said they will not be going public until their mega facility is completed. Currently the facility is nearly done so i suspect they will go public by 2026. They offer homes that are manufactured in a facility but are built to last over 100 years and are extremely durable and affordable. 50k per home and I purchased 10 of them myself and use as rental properties. I think my initial investment was 2018 or something.
Risk 3/10
Time to get started 7/10
Time to receive payout 0/10
Potential returns 10/10 1,000x insane returns if you find a great price point before the company has even built anything other than the original prototype. At that point you get a bargain basement deal. They have schematics and costs on how they will mass produce their product but need funding
Control 1/10
Time to maintain returns 10/10
Difficulty: 10/10
4. Purchasing small businesses
These are stick built businesses and the reason I prefer stick built businesses is because you can get these for nothing down and online you can't really do this.
Strategy: lookup businesses ready to sell either on market or off market. They need to have a long history of high profitably and consistent growth. They are in a niche that you are comfortable with and a niche that is great for lasting a long time and high returns. You want a dude that is old and desperate to sell. 70 percent of businesses close up without ever selling. Your job is to find the golden businesses that are ready to sell but for what reason at this time nobody else is currently wanting to buy it.
You use seller financing with zero down and a four percent interest rate. Businesses must be essential to protect from convid lockdowns, have high profit margins, low overhead, built to last, high potential for growth and very scalable. I prefer businesses where the employees make you money and don't take money. Things like the trades. Things that people will always need no matter how bad the economy is.
Risk 10/10
You already have a proven business model and proven long term business.
Monetary investment 6/10 can be 0 but depends on your negotiation skills
Difficulty 5/10 takes creativity, research, people skills, negotiations skills
Profitablity 5/10 small businesses really depends on the niche, if you can turn it into a chain and scale it or not. The most scalable business with high profit margins and no overhead wins. This would be a vending machine business in a new niche that sells high ticket items not just candy and snacks but $200 plus items. If you do this then it's a 10/10
Up front time invest 1/10. It's going to take a ton of calls and negotiations before you land your first deal with zero to low down. Or should take 2-4 months to get your first deal
Control 10/10
Time to maintain growth: 6/10. Set up all your standard operating procedures and have a CEO run things down you for passive income.
Bonuses
Penny stocks: these are basically a combination of startups and cryptocurrency but without the insane returns.
Crops or trees: hemp 40k per acre after four months, bamboo 60k per acre after 4 years
Animals:
I sell fertilized duck eggs at $40 per dozen and raw organic grass fed sheep milk at $24 per quart in glass jars. Much easier to collect and care for these animals and you only need 10 acres of land to make six figures. If you go to remote places you can get land for cheap and some places for free as stated give away free land. The animals you can sometimes get for free on Craigslist. Coops are about $500 on Craigslist. A small barn will run you 10k . You can throw a boxable home on the land for 50k.
A. Sites like Binance launch pad kucoin, ascend x, coin list, Dao maker, oil caster, bsc launchpad and cubic prime can give you access to invest in brand new coins that are either ico, ido or ieo.
B. Do your research on the project, prospects, team members, tech, partnerships, white paper and roadmap.
C. Stay in touch on updates on social media.
D. Strategy: research 30 new future coins. Based on your research invest in the most solid projects. Go with no more than 10 but no less than 3. If possible cut out all the losses and hyper focus on the one or two winners to maximize returns.
Back in the day for the first 2 bull cycles every coin would 100k if brand new. Then the market became over saturated and celebrity scam coin pump and dumps came out of no where.
Back in 2015 I was using some of my credit card rental money for fun to gamble. I had to use Bitcoin to join this illegal sports gambling site. I made about 7k off $200 and I had saved 4 BTC in my gambling account not knowing it was going to explode. I didn't use that account again and then boom the crypto market exploded and I cashed out my chips. I couldn't believe a stupid worthless digital coin would be an investment strategy.
So in 2020 after retiring from my job and the credit card renting business I invested a small amount of my net Worth into cardano at 2 cents after the crash. Input in 100k and it went to $3.22 and I cashed out at $2 for 100x. I had put in two years of research into cardano and just waited for the right time to jump. This was a low risk high reward opportunity. I wish I would've dumped a million into cardano.
Risk factor 1/10. These are the riskiest investments I know at this point. They went from 100% locks to basically playing roulette
Return potential 8/10. There is insane potential on some of these coins.
Speed of returns: 10/10 I've seen some of these coins grow over 100x in a month. Some have 10x in a day. I had library coin as a hobby watching videos and gained 50k in one day . I invested nothing into the account as it was rewards from watching videos and getting to higher levels. Unfortunately the government attacked them and they crashed the next day
.Cost: free if u use interest free credit card, loan, etc or 1k to make legit money . 5/10
Initial time investment: it can be 0 if u get lucky. Or it really takes a ton of up front research now days. 3/10
Long term time investment 10/10 just watch it soar.
Control 1/10 you don't have much control of the price unless you are a celebrity and pump it up. Or have a large Facebook cryptocurrency group.
These are high risk fast turn around and high reward investments.
Difficulty 9/10
2. Passive income side hussels businesses
A. Tradelines: back in the day you used to be able to rent out authorized users on your credit cards every month. I did this from 2012 to 2021. The average Au was $100 per Au and 3 AU per card and I had 50 cards and utilized several sites for my cards to ensure they would almost all be collecting some revenue. I collected 4 to 5 cards a year for 12 years I had an obsession with my credit score, rewards, points and maxing out the credit lines. Ones say in 2012 I was trying to find a way to maximize my gains and money off credit cards and I discovered tradelines. This is where my stupid obsession paid off outside of having a high credit score and some decent cash back. These credit cards surpassed my annual income as a cyber security analyst in one year.
By year 4 I was making $500 per card per month. My average card has 15k line and 8 years of history.
I doubt this method is working anymore. I'm sure you can rent out your future social credit score or start a site to sell other people's social credit scores. Sometimes your weird obsession can turn into millions of dollars with a bit of research. There was almost no work involved other than putting a person on as an authorized user and taking them off. I stopped applying for cards and focused mainly on maxing out the credit lines of the cards I had with long history. Cards with little history and small lines were worthless. It took 3-4 years to make a card worth $50 per month for an AU. I had mostly Barclays cards as you can have six AUs per card. I made 10k per month just from Barclays cards
Basically this cost no money at all as the credit cards were all free. I never paid interest and only got rewards and rental money from them. I started with a secured credit card at $250 in hs in 03 and never looked back. In 2012 I started with one card that made me $250 in one month and in four years they were banking 25k per month.
Strategy: research side hussels that you can use to generate passive income from like courses, renting out various stuff, b2b services by taking free lancing jobs with $100 per hour and paying $20 per hour for over seas people, etc .
Risk: 10/10 you are not risking much except some minimum time.
Cost: should be free to 1k max 5/10
Up front time investment: depends on what you do. 6/10
Long term time investment: 5/10 takes some hands on work but not too much.
Speed of returns: 3/10 no where near crypto as a 100x takes several years.
Potential returns: 4/10 these side hussels online businesses aren't going to grow into billions like cryptocurrency but can easily make you millions from pennies in a short period of time.
Control 8/10: you have the foundational site already set up and what you will be doing but outside of that you have a decent amount of control
Difficulty 5/10 takes some research and creativity.
3. Angel Investing.
This is the investment into a small startup business that needs capital ronger started. The rewards of this investment is incredible. There are many sites to support this venture and its rewarding to see your net worth grow and the business grow. If the company goes public it's like hitting a jackpot.
Strategy: go to one of the many sites.
Wefunder, angelist, start engine, seed invest, republic, etc.
Conduct market Research: niche, team, market cap, investment details and requirements, product or services, competition, debt, etc.
Find something you think you and a vast majority of people could benefit from.
Don't invest more than 5% or your net Worth. A 5k investment can be extremely profitable in the long run.
I personally do not have a success story yet as I invested in the initial round for boxabl on we shares. I have several hundred thousand shares which doesn't mean anything until they go public. They said they will not be going public until their mega facility is completed. Currently the facility is nearly done so i suspect they will go public by 2026. They offer homes that are manufactured in a facility but are built to last over 100 years and are extremely durable and affordable. 50k per home and I purchased 10 of them myself and use as rental properties. I think my initial investment was 2018 or something.
Risk 3/10
Time to get started 7/10
Time to receive payout 0/10
Potential returns 10/10 1,000x insane returns if you find a great price point before the company has even built anything other than the original prototype. At that point you get a bargain basement deal. They have schematics and costs on how they will mass produce their product but need funding
Control 1/10
Time to maintain returns 10/10
Difficulty: 10/10
4. Purchasing small businesses
These are stick built businesses and the reason I prefer stick built businesses is because you can get these for nothing down and online you can't really do this.
Strategy: lookup businesses ready to sell either on market or off market. They need to have a long history of high profitably and consistent growth. They are in a niche that you are comfortable with and a niche that is great for lasting a long time and high returns. You want a dude that is old and desperate to sell. 70 percent of businesses close up without ever selling. Your job is to find the golden businesses that are ready to sell but for what reason at this time nobody else is currently wanting to buy it.
You use seller financing with zero down and a four percent interest rate. Businesses must be essential to protect from convid lockdowns, have high profit margins, low overhead, built to last, high potential for growth and very scalable. I prefer businesses where the employees make you money and don't take money. Things like the trades. Things that people will always need no matter how bad the economy is.
Risk 10/10
You already have a proven business model and proven long term business.
Monetary investment 6/10 can be 0 but depends on your negotiation skills
Difficulty 5/10 takes creativity, research, people skills, negotiations skills
Profitablity 5/10 small businesses really depends on the niche, if you can turn it into a chain and scale it or not. The most scalable business with high profit margins and no overhead wins. This would be a vending machine business in a new niche that sells high ticket items not just candy and snacks but $200 plus items. If you do this then it's a 10/10
Up front time invest 1/10. It's going to take a ton of calls and negotiations before you land your first deal with zero to low down. Or should take 2-4 months to get your first deal
Control 10/10
Time to maintain growth: 6/10. Set up all your standard operating procedures and have a CEO run things down you for passive income.
Bonuses
Penny stocks: these are basically a combination of startups and cryptocurrency but without the insane returns.
Crops or trees: hemp 40k per acre after four months, bamboo 60k per acre after 4 years
Animals:
I sell fertilized duck eggs at $40 per dozen and raw organic grass fed sheep milk at $24 per quart in glass jars. Much easier to collect and care for these animals and you only need 10 acres of land to make six figures. If you go to remote places you can get land for cheap and some places for free as stated give away free land. The animals you can sometimes get for free on Craigslist. Coops are about $500 on Craigslist. A small barn will run you 10k . You can throw a boxable home on the land for 50k.
