How to Buy and Stake OHM Olympus Dao | OHM Staking Strategy and Results | Passive Income from Crypto

I started staking OHM only recently and already can share my results. I also show how to buy OHM and start staking it on Olympus Dao for passive income as the process is not quite straight forward.

Even though Skaing OHM may sound like a great crypto passive income idea, it’s important to understand that APY may change (and will change) during the year, and most importantly, you are guaranteed to get extra OHM, but there is no guarantee as to what the price of one OHM will be when you decide to unstake. So you still run a high risk of losing money.

My strategy with OHM and Olympus Dao is to invest not more than 3% of my total Crypto Portfolio and keep my OHM staked for a long time.

I used Sushi Swap to swap my Ethereum for Ohm. You can use any other platform. You can find the full list here: https://www.coingecko.com/en/coins/olympus#markets

I used MetaMask digital Wallet to buy Ohm. I also used Binance to buy my Ethereum.

My affiliated links:
Free Bitcoin: https://www.coinbase.com/join/argent_8

If you want to know more about Vanguard: https://bit.ly/3ApCt0M
If you want to know more about Etoro: https://bit.ly/3DkX7Ro
If you want to know more about investing into crypto: https://bit.ly/3BwsoQT

Time Stamps:
00:00 Introduction
01:27 How to navigate around the video
02:43 Step 1 – Buying Ethereum
05:23 Step 2 – Install a Digital Wallet (MetaMask)
07:02 Step 3 – Send Eth to the Wallet
07:47 Step 4 – Swap Eth for OHM on SushiSwap
10:12 Step 5 – Add OHM to the Digital Wallet
11:14 Step 6 – Start Staking OHM on Olympus Dao
12:58 Gas Fees to Stake OHM
13:23 First Results from Staking OHM and Strategy for Staking

None of the information I give in my videos is a financial advice and it has to used in entertainment purposes only.

Thank you!

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