Making money in a crypto bear market without selling anything or taking massive risks…well, that just seems unlikely.
And yet I’ve been doing exactly this over the last month or so by playing the role of a digital pawnshop broker in the world of non-fungible tokens, or NFTs.
I’ve made a number of loans now, and the lowest return I’ve earned is 30.7% on an annualized basis.
At the top end, I’m earning returns in the hundreds of percent!
That’s what this quarter’s Frontier Fortunes issue is all about. It’s the story of lending against NFTs, why this opportunity is taking off, and how you can participate in it.
In this issue, I walk you through the process, step-by-step—with lots of pictures—so that you can see how it works and how profitable it can be.
I spend a good bit of time over any given day examining the loan requests being made. And if all goes as planned with the loans I’ve already issued, I am on track to earn nearly 31 Solana, the cryptocurrency I’m using, in just over five weeks.
That’s about $1,350 in a relatively short period, and at a time when crypto markets are weak.
Over a year, I expect to earn in excess of $10,000 through this opportunity.
And here’s the best part: This is easy to pursue.
You don’t need any specialized trading knowledge. You don’t need to open any kind of special trading account. All you really need is your crypto wallet, some Solana, and a bit of time to peruse the loan requests that pop up on a particular website built for NFT lending.
Everything you need to know to get started is inside this quarter’s issue.
Also inside your fall issue is my analysis of the performance of our portfolio over the past quarter.
As I noted, crypto continues to be weak right now, but there are some positive signs on the horizon.
First, the market seems to have stopped overreacting to the Federal Reserve’s interest rate hikes. Indeed, just this week, the Federal Reserve raised interest rates again, and threatened more to come, and crypto didn’t fall out of bed. In fact, it’s up!
Solana, one of our holdings, rose more than 14% in a single day following the Fed’s rate hike. This tells me that we are likely somewhere near the bottom for the crypto market.
Which means we could be moving into a new uptrend.
Plus, there’s the other positive news on the horizon: The upcoming Ethereum 2.0 upgrades.
Ethereum is making big progress toward implementing its upgrades, which will vastly increase the speed of the network and unleash a wave of crypto innovation.
Indeed, the price of Ethereum is already back above $1,700, having fallen below $1,000 just last month, as investors grow increasingly excited about the upgrades going online.
