Jesse Singh promotes the 'Crypto Cash Flow Collective' program instead of The Wealth Network.
Is it really possible to earn over 180% APY with crypto?
Time to dig a little deeper and find out if what Dan Ryder teaches is legit.
Who are Jesse Singh and Dan Ryder?
Before Jesse earned 6 and 7-figures as an entrepreneur, he was a car mechanic. In 2013, he got into a car accident which forced him to look for another way to make money. Online marketing caught his attention.
Today, he's a successful entrepreneur whose financial success and expertise led him to start The Wealth Network, which taught people how to make money with Amazon FBA,. Now, he's part of Dan's program which helps students make money through crypto.
Dan Ryder is your primary instructor in the Crypto Cash Flow course. He did a tour of active duty in the United States Airforce and also worked a regular 9-5 job in the healthcare field for several years. 2013 is when he got into online marketing. Specifically, eCommerce.
Currently, he's the founder of Ryder Media and has won the ClickFunnels Two-comma award three times.
Crypto Cash Flow Collective Highlights
Ryan teaches you about Pool Driver Rewards. It's the semi-automated process of helping facilitate other people's ability to make crypto trades and collect a finders' fee. You do this by lending your tokens to a liquidity pool on smart contract platforms.
Platforms earn rewards each day as thousands of people trade and swap tokens. As a result, you to get rewarded a portion of those fees for lending your tokens.
You are like a bank.
How to join:
Book a breakthrough session over the phone with Dan Ryder's team
Support:
Private Facebook group
Live:
Live coaching calls every Wednesday at 10am EST
Pros:
Ryan will get you into the most lucrative liquidity pools that they've tested so that you can earn rewards immediately
You will learn how to find high-paying reward pools yourself (sometimes, over 100% APY)
You're given a $500 stimulus bonus for joining the program
Pool rewards are earned 24/7 once you've lended to a pool
1-on-1 mentorship from Dan with a custom written plan on how to succeed
Cons:
Difficult to find information about what type of course material you'll receive after investing
When you find high paying reward pools, they want you to share what those pools are so that everyone inside of the Crypto Cash Flow Collective can also join in and gain rewards with you. The more people that join your pool, the fewer rewards you earn.
There may be students who find high paying pools but don't share with the group
What does "APY" stand for in crypto?
APY stands for, "Annual Percentage Yield."
This is your annual return on investment that takes into account compound interest that's accrued on top of your initial investment. As a result, you earn interest on the interest your crypto assets have earned.
Not all cryptocurrencies or exchanges offer the opportunity to stake their crypto. Those that do will offer a different APY%.
What is staking?
Staking cryptocurrency is locking up your crypto holdings with the goal of earning rewards or interest.
Each crypto asset earns interest at different rates depending on the exchange you store your crypto. There are many scams in place to steal your assets. Therefore, if you see anyone offering a high APY%, do more research to see if it's legit or not.
For starters, it might be wise to stick to common exchanges until you learn more about staking and where it's safe to do so. For instance, Coinbase or Gemini.
What are liquidity pools?
Liquidity pools provide asset liquidity for traders to swap between currencies on decentralized cryptocurrency exchanges. They provide liquidity, speed and convenience to the decentralized finance (DeFi) ecosystem.
By lending to these liquidity pools, its value increases and you help the ecosystem develop more.
What is The Triple S Method Dan teaches?
This method is the foundation of the Crypto Cash Flow Collective and lays out the process of how to lend money on crypto exchanges to earn rewards.
When you join this Collective, Dan and his team show you how to find the highest paying liquidity pools, sometimes of over 100% APY.
Top 5 crypto lending exchanges
Majority of the people getting into crypto look towards the more common exchanges to buy and trade crypto. They don't realize they can lend to liquidity pools and make money doing so.
Here are the top 5 crypto lending exchanges.
AQRU
Earn interest of up to 7% per year on both Bitcoin and Ethereum; 12% per year on stable coins like Tether, USD coin and DAI; daily payout
Crypto.com
Supports over 250 coins; Earn up to 14.5% on Polkadot and Polygon; weekly payout
BlockFi:
A specialist crypto lending platform; No minimum or max deposit; Earn up to 9.25% on stable coins and 5% on non-stable coins; monthly payout
Nexo:
Up to 36% on certain coins; crypto debit cards offered; daily payout
YouHodler
Earn crypto with up to 12.3% APR + compound interest; minimum deposit of $100; weekly payout
(These APYs are correct as of April 2022 and can change at any moment.)
Is there really money to be made on decentralized exchanges?
According to the Block Research, decentralized exchanges (DEXs) reported more than $1 trillion in crypto trading volume in 2021.
Clearly, money is flowing through these exchanges, leaving people with the opportunity to make money through lending.
Pros and Cons of Crypto Lending
Pros
Potential for high reward (attractive interest rates)
Low transaction fees
No need for a bank account
More transparent financial system; make transactions with no intermediaries, unlike today's financial system, which revolves around many third-party intermediaries
Trading cryptocurrency occurs 24/7, unlike the stock exchange
The crypto market could help beat inflation; no coin is tied to a single currency or economy; the number of coins is also capped, which doesn't allow for inflation
Cons
Lending platforms are not insured the same as ordinary loans
Hacking and cyber attacks are a possibility on some platforms
It takes time to understand how crypto works
The volatility in the crypto space is extreme
If you send crypto to the wrong wallet address, it's lost forever; no do-overs
How do you buy cryptocurrency?
Crypto transactions picked up steam in March 2021 when Dogecoin became popular. Although it is just a "meme coin" for now, that opened everyone's eyes to what's possible in this space and to the many other crypto projects that exist.
The first question that comes to many people's mind is, "how do you buy cryptocurrency"?
Disclaimer: I am not a financial advisor and none of what I say here is financial advice or investment advice. Therefore, do your own research on cryptocurrency and do what's best for you. I am only sharing what is public knowledge. Be safe.
- Ippei Kanehara
Here are some basic steps for a new crypto investor...
Most popular cryptocurrencies
Look at the current price of the top 10 cryptocurrencies, followed by a brief description of each one.
Digital Currency
Bitcoin (BTC)
Ethereum (ETH)
Tether (USDT)
Binance USD (BUSD)
USD Coin (USDC)
Launched in 2018, Tether is tied to the $1.00 price point. It's become a powerful market infrastructure for applications and businesses in almost every industry.
XRP
Solana (SOL)
Terra (LUNA)
Cardano (ADA)
Avalanche (AVAX)
Which is the best cryptocurrency to invest in?
The best cryptocurrency to invest in is the one you've done the most research on and believe in the most. There is no one answer. Only you can answer this for yourself.
Given that cryptocurrency is volatile, it's wise to do solid research on what each crypto project is before sending your first $100 or $1000 into an exchange.
Here are a few things you need to do or ask yourself before investing...
Thinking with a logical mind instead of an emotional one will allow you to make the best decision when choosing which cryptocurrency to invest in. The fear of missing out can lead to bad decisions, according to Invest Diva.
Is the Crypto Cash Flow Collective worth it?
Although the cryptocurrency world is volatile, it is still a great opportunity to make money online. It requires a good amount of research before diving in it but once you do, it can be very lucrative.
What Dan Ryder teaches is another way to earn money in crypto and one that few people know about. Most people think you can only trade crypto on big exchanges like Coinbase, Gemini or UpHold. The truth is that you can also do so on smart contract platforms and earn even over 100% APY on your investment for lending your tokens. Something that the large exchanges won't do.
The Crypto Cash Flow Collective will work if you constantly monitor your pool positions and share any high paying pools with the group, but it is far from passive. If that doesn't matter to you, it's worth the investment.
If you want to earn money in a more passive way, local lead generation is a brilliant choice.
Many people love local lead generation because...
You earn your income in a more passive manner with lead gen. For example, your profits are less volatile and more predictable than with crypto. Therefore, there's no need to guess when your investment will pay off. You choose who you work with and how much you'll make.
You're better off setting aside some of your profit from lead generation to invest in crypto projects you believe in. Ones that you've done your research on beforehand.
If earning an income that is more passive than crypto lending interests you, click the link below.
Jesse Singh is a scammer. He is a former digital altitude, who sucks his customers for money and ran away from them.
He always says that he knows how to make money without chasing anyone to sell anything but, in fact, he has a badmouth about other companies to promote his affiliate marketing in order to make a big profit.
Now police are looking for him because he is involved in scamming people with his false promise to make money.