My 4 Crypto Yield Streams (The Honest Review)
My 4 Crypto Yield Streams (The Honest Review)
254 days agoβ€’Jesse Eckelβ€’@jesseeckel2
YouTube16 min 6 sec
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights

Consider using the Stoic Meta automated trading strategy, which has demonstrated the ability to outperform a simple Bitcoin buy-and-hold approach. For a potentially lower-volatility holding, research Olympus (OHM), which is described as a highly underrated asset with a steady, climbing price chart. If you already own Akash (AKT), you can stake it for an approximate 10% annual yield, or stake Pole tokens to become eligible for future airdrops. For a higher-risk opportunity, consider staking Persona NFTs to earn Una tokens, which could potentially pay for the initial NFT cost within 24 months. These strategies represent the highest conviction opportunities for generating returns in the current market.

Detailed Analysis

Crypto Staking (General Strategy)

  • The speaker discusses staking as a "classic" and sometimes "boring" way to generate yield on crypto assets you already own.
  • The primary motivation for staking is often to earn passive income on tokens the speaker plans to hold for the long term anyway.
  • Yields can be highly variable. Some opportunities start with "unhinged" returns and then decline significantly over time.
  • Another key reason for staking certain tokens, like Pole, is to become eligible for future airdrops from new projects launching in that ecosystem.

Takeaways

  • Staking can be a sensible strategy for investors who are already long-term holders (HODLers) of a specific crypto asset, as it allows them to earn a return on an otherwise idle asset.
  • Investors should not assume that high initial staking yields will last forever. As seen with the Winter token, these rewards can "fall off a cliff."
  • For those interested in airdrop farming, staking ecosystem tokens (like Pole in this example) can be a primary strategy to qualify for new token distributions.

Akash (AKT)

  • The speaker is staking their AKT tokens to earn a passive yield of approximately 10% annually.
  • This is presented as a straightforward decision made simply because they already hold the AKT tokens.

Takeaways

  • For individuals who already own and are bullish on Akash (AKT) for the long term, staking appears to be a logical way to generate an additional 10% annual return on their holdings.

Winter (Token)

  • Initially, staking Winter tokens provided an "unhinged" yield, with the speaker making $1,000 to $2,000 per month.
  • However, after the first two months, the yields dropped dramatically. The speaker now only makes about $100 per month.

Takeaways

  • The high-yield opportunity for staking Winter seems to have passed.
  • The speaker explicitly states that it is not worth buying Winter tokens now just to chase this diminished yield. This serves as a cautionary example of how quickly yields can change in the crypto space.

Pole (Token)

  • The annual staking yield for Pole is relatively low, estimated at 2% to 5%.
  • The primary motivation for staking Pole is not the direct yield, but to qualify for potential upcoming airdrops.
  • The speaker notes that while airdrops are not as lucrative as they were in 2023, the potential for future airdrops for Pole stakers makes it worthwhile since they plan on holding the token regardless.

Takeaways

  • Staking Pole is less about the immediate passive income and more of a strategic play to gain exposure to new projects in its ecosystem via airdrops.
  • This is a strategy for investors who are already committed to holding Pole and want to maximize their potential future returns from the ecosystem.

Persona (NFTs) & Una (Token)

  • This is an NFT staking strategy where holding and staking Persona NFTs earns the holder Una tokens.
  • The speaker has earned nearly $24,000 in total from staking 151 of these NFTs.
  • The speaker calculates that at current prices, the Una token rewards can pay for the initial cost of an NFT within 24 months. This payback period could be shorter if the price of Una increases.
  • The investment thesis is that you get the yield from the Una token while also retaining the NFT itself, which could appreciate in value separately.
  • The speaker is generally bullish on NFTs, believing they will "have a comeback" during the next major crypto bull run ("alt season") as they are status symbols people buy when they feel wealthy.

Takeaways

  • This is a high-risk, high-reward strategy that involves betting on both an NFT collection and its associated utility token.
  • The concept of the staking yield "paying off" the initial investment over time is a compelling way to frame the risk-reward, but it depends heavily on the Una token's price remaining stable or rising.
  • This is an investment for those who are bullish on the NFT market making a resurgence and are comfortable with the unique risks of NFT investing.

Stoic Meta (Trading Bot Strategy)

  • Stoic Meta is an automated crypto trading strategy that the speaker tested.
  • An initial investment of $30,000 in January 2023 grew to $234,519. This represents a profit of over $204,000.
  • The strategy heavily invests in Bitcoin (BTC).
  • The speaker calculated that the Stoic Meta strategy outperformed a simple buy-and-hold Bitcoin strategy over the same period by approximately $32,000.
  • The speaker is still letting the strategy run, expressing confidence that Bitcoin will go higher.

Takeaways

  • Stoic Meta could be a viable option for investors looking for a managed, automated approach to crypto investing that has the potential to outperform simply holding Bitcoin.
  • The strategy's success was significantly aided by its perfect timing, starting near the market bottom in January 2023. Future results may vary.

Olympus (OHM / gOHM)

  • The speaker is extremely bullish on the Olympus protocol, calling the team "one of the smartest teams in crypto" and "vastly underrated."
  • They highlight the OHM chart's unique characteristics: a slow, steady climb with very low volatility, describing it as being like "a stablecoin that goes up."
  • The speaker executed an advanced DeFi strategy using "Cooler Loans," where they deposited gOHM to take out a 95% loan-to-value (LTV) loan in stablecoins, which they then used to buy back their original Ethereum (ETH).
  • This strategy allowed them to effectively have their capital invested in both OHM and ETH simultaneously, leading to a profit of around $200,000.
  • Caution: The speaker notes that the 95% LTV was a specific opportunity at that time and may not be available today.

Takeaways

  • Olympus (OHM) may be worth researching for investors interested in crypto assets that have historically exhibited lower volatility than majors like Bitcoin or Ethereum.
  • The speaker's success with "Cooler Loans" demonstrates the power of advanced DeFi strategies to leverage capital, but these are complex and time-sensitive opportunities that require significant research and understanding. This specific trade may not be replicable today.

Hyperliquid (Leverage Trading Platform)

  • Hyperliquid is a platform for on-chain leverage trading, which the speaker describes as "insanely, insanely risky."
  • The speaker's experience highlights the extreme psychological challenges of leverage trading.
    • Initial Success: They quickly made $100,000 and felt like a "genius."
    • Major Loss: This overconfidence led to breaking their own rules, resulting in a loss of over $80,000 in a single weekend due to "revenge trading."
  • They have since implemented a strict risk management rule: a 1-to-2.5 risk-reward ratio, where they risk 1 part of their capital to make a minimum of 2.5 parts back. This allows them to be profitable even if they lose 7 out of 10 trades.
  • The speaker believes there is a massive opportunity to make money with this strategy but only with extreme discipline and a solid set of rules.

Takeaways

  • Leverage trading is an extremely high-risk activity that is not suitable for most investors.
  • The speaker's story is a powerful cautionary tale about the dangers of overconfidence and emotional trading.
  • Anyone even considering this type of trading must prioritize education (the speaker recommends the book "Trading in the Zone") and implement a non-negotiable risk management strategy before putting any real capital at risk. Starting with a very small amount ($50-$100) is advised to learn the mechanics.
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Video Description
These are the 4 crypto yield strategies i'm experimenting with right now to try earn passive yield. In this video you'll see the big wins (over $200,000 from one strategy), the stupid losses ($80,000 gone in a weekend), and the staking plays that have completely dried up. I've tried countless get rich quick schemes over the years, some have been major winners others have been massive losses. I like to experiment on the bleeding edge of crypto with what's working and what isn't. I'll cover a range of strategies i'm testing out including staking (AKT, WINR, Persona), complex defi strategies, AI-managed funds like Stoic Meta, and the insane world of leverage trading on Hyperliquid. Keep in mind this is just my personal take and what i'm doing with my personal money, not investment advice. ------------- Affiliate links from video: πŸ§ͺ Hyperliquid: https://app.hyperliquid.xyz/join/OC πŸ’» Stoic Meta AI Strategy: https://stoic.ai/?ref=jesse Other links: https://personajourney.io/ ----------- THE OBSIDIAN COUNCIL PREMIUM MEMBERSHIP πŸ“ The Obsidian Council Premium Membership Is CLOSED ❌ Join The Waitlist: https://theobsidiancouncil.myflodesk.com/waitlist ---------- THE NEVER DIE NEWSLETTER πŸŽ‰ Signup For The Never Die Weekly Newsletter: https://neverdie.club/subscribe -------------- One To $1 Million CRYPTO PODCAST: πŸŽ™οΈ Spotify: https://open.spotify.com/show/7rF3aBzIBTVQ1yIYsNm6wy?si=c94120bc44d543a7 🎀 Apple: https://podcasts.apple.com/us/podcast/one-to-1-million/id1679034629 🎡 Amazon:https://music.amazon.com/podcasts/94ce5747-bb46-45fb-97be-fccdafe761d1/one-to-1-million πŸŽ₯ Youtube: https://www.youtube.com/@1to1millionpod --------------------- AFFLIATE LINKS: πŸ§ͺ Hyperliquid: https://app.hyperliquid.xyz/join/OC πŸ’» Stoic Meta AI Strategy: https://stoic.ai/?ref=jesse πŸ’°My Favorite Wallet Rabby: https://rabby.io/rabby-points?code=9DBPIQI2 πŸ’Ž Stake Your ETH with Swell: https://rb.gy/mvnk2 πŸ”’ My Favorite Hardware Wallet: https://trezor.go2cloud.org/aff_c?offer_id=135&aff_id=32260&source=Youtube ------ SUBSCRIBE: Subscribe: https://www.youtube.com/c/jesseeckel2?sub_confirmation=1 OTHER PLACES I'M AT: 🐦 Twitter: https://twitter.com/Jesseeckel πŸ“Έ Instagram: https://www.instagram.com/jesseeckel0x/ πŸ–₯️ Farcaster: https://warpcast.com/jesseeckel -------- *IMPORTANT PLEASE READ: None of this is meant to be taken as any form of investment advice, it's just me sharing my journey to a million and taking about what I'm up to and the strategies and tactics I'm using to try to get there. I am almost always talking about tokens that I myself own and obviously have a bias toward seeing them appreciate in value. Do your own research always! I'm a normal guy who makes mistakes and has made plenty so far during this journey. So choosing to blindly copy what I'm doing isn't going to lead you to just making a ton of money. I've had investments where I've lost EVERYTHING. I don't just say do your own research as a legal covering but because you really need to do your own research and make your own call. If you don't understand what you're investing in you can lose A LOT of money! Especially in crypto which is super super risky. A lot of the projects I like to jump in are really small crypto projects which make them even more insane risky. Past performance doesn't mean the project will do the same thing in the future, no one can predict the future and what will happen next. I'm pretty passionate about this, I am by no means a professional investor. I'm on my journey to a million dollars, I don't even have the experience to have made a million dollars. All this is to share my journey because I believe there is value in watching me both succeed and fail. It's my story I'm sharing with all of you, DO YOUR OWN RESEARCH and don't just blindly copy meπŸ˜„ Also all of this info might be accurate at the time of me recording and posting but in the future things could change. Especially in crypto things change fast, so just be aware of that. Thanks! I hold investments in the tokens I'm talking about unless I otherwise state I don't. Best just to assume that if I'm talking about it, I own it. My Disclosures: https://docs.google.com/document/d/1dyCYz1Cuw4Dte4DybGl1QJrbjRFEUAI9kCGb2FxjYOU/edit?tab=t.0 #Crypto #yield
About Jesse Eckel
Jesse Eckel

Jesse Eckel

By @jesseeckel2

I full time invest in crypto and do research on the crypto markets. Sharing what I'm learning, the top projects I'm looking at, and the ...