A New Way for Passive Income — 2022 — Nothing ₡ommon About ₡ents
Last Updated on March 29, 2022 by Patrick Todd
I am always on the prowl for new ways to invest and earn passive income. The traditional investment markets are extremely volatile these days. We’ll cover more on volatility later, so I have been looking for investments in other places. The innovation happening right now in DeFi markets, also extremely volatile, has been amazing. Of course, you have to be comfortable and do your due diligence. But I have found a new way for passive income in 2022, in the DeFi markets.
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What is Volatility?
According to Investopedia, “ Volatility is a statistical measure of the dispersion of returns for a given security or market index.” In other words, how much does the price move up and down.
Now volatility isn’t always a bad thing and it shouldn’t be scary to you as an investor either. Volatility provides the opportunity to make gains. You just need to take the necessary precautions and make sure the investments you make are aligned with the proper risk tolerance you are comfortable with.
As someone who has worked on the professional (institutional) side of investing for a number of years now, I can tell you most people and organizations will tell you they are comfortable with a certain range or level of volatility or risk when the markets are calm. As soon as the markets begin to move the story changes. They are no longer comfortable with that 10% downside they assured you they were comfortable with 6 months ago.
This is for every investor to work out on their own, what level of risk are you comfortable with. How much are you okay losing?
You need to sit down and really reflect on what risk you are comfortable with.
That will help shape you as an investor and the investments you are comfortable investing in.
The DeFi Markets
Most of you are familiar with the Decentralized Finance Markets by now. These include cryptocurrencies, NFTs, the MetaVerse, and Web3. There are all types of cool ways to invest in these markets. You can invest directly in different cryptocurrencies. You can also buy individual NFTs. There are also special, exclusive clubs that the purchase of a NFT is your ticket to membership. There are also futures and options on cryptocurrencies now. You can also earn passive income by staking cryptocurrencies you already own. The opportunities in this marketplace are becoming endless.
A New Way for Passive Income — 2022?
Admittedly, it might be a stretch to call this a “new way” to earn passive income. But in a sense it is a new way to earn passive income.
So what is it?
What is Mentium.Co?
Mentium is a new start-up savings platform. In the simplest form, Mentium is a high-yield savings account.
You open an account with Mentium, make a deposit from you bank account, credit or debit card, or with cryptocurrencies you own and let Mentium.co invest your deposit. While no investment makes a guarantees of returns, you can earn up to 16% annual percentage yield on your savings through the crypto lending markets and Mentium’s expertise.
Looking for other ways to earn passive income?
If you are looking for other ways to earn passive income, check out some of these other blog posts by Nothing Common About Cents.
You can sell feet pics online — How to Sell Feet Pics Online
Earn passive income with affiliate marketing — What is affiliate marketing
Learn how to earn income from staking cryptocurrencies — What is staking in cryptocurrencies
Check out how to earn compound interest — How to earn more with compound interest
Become an e-book publisher — How to make money writing e-books
Leave a comment below with other ways to earn passive income, or other ways you would like to learn about making passive income.
How does Mentium work?
Mentium is a cross-blockchain ecosystem that connects diverse DeFi lending market investment opportunities in one place. It is basically a gateway to high-yield investment opportunities and passive income.
One strong feature of Mentium is you are in complete control. There is no minimum investments, no maximum level of investments, no lock up periods on your funds, and no minimum time for your investments to be working in the Mentium ecosystem. You can invest and or withdrawal your funds at any time.
Mentium pays interest daily.
Best of all, at Mentium security is their top priority. They have industry leading security, and is subject to the capital reserve and cyber-security requirements, as well as the banking compliance standards set by the US financial regulations.
What’s the Catch?
Is Mentium, a new way to earn passive income in 2022?
The only catch I have found, is that Mentium is not live yet.
They are finishing the build out of the product and working with a VC firm to launch the product.
My best guess is it will go live in Summer or Fall of 2022, so it is best if you jump on their website, Mentium.Co, and join their waitlist. You’ll want to be notified when they go live. I have joined their waitlist and have some funds earmarked for their release.
Again, this is not financial advice and I recommend everyone do their own due diligence. This post is for information purposes and to introduce you to a hot, new start up.
All the best,
Patrick
Originally published at https://nothingcommonaboutcents.com on March 29, 2022.
