| With enhanced knowledge and clarity, here is a walkthrough on setting up a long-term passive income system using DRIP, BR34P, and Animal Farm
I have written about DRIP Ladders before when I was introduced to Kelly Snook’s single article on using multiple wallets for DRIP. But so much as transpired since, in the DRIP ecosystem as well as the general crypto market, that I thought I would tweak my plan and reveal the “do’s and don’t’s” when setting up this type of multi-wallet passive income play.
I think this article comes at a perfect time when the hype is ramping up for the DRIP ecosystem. Perhaps this article will provide new and existing users into advanced DeFi structures as they map out their future with DRIP!
In this article, I will talk about:
- DRIP and the Max Payout
- “Good” Taxes and “Bad” Taxes
- What is a DRIP Ladder?
- How to set up a DRIP Ladder?
- Closing Thoughts
Author’s Disclaimer: This is not trade or financial advice. This information is being presented for entertainment purposes and represents the OPINION of the author. All trading and investing, whether real estate, stocks, or crypto, involves the risk of loss, sometimes greater than…
