Article Of The Week
Collecting Income From Crypto On A Weekly Basis
As you know by my name, I love dividends. And in addition to sharing on here, I write regularly in the investment platform- Seeking Alpha.
My goal there is to teach everyday investors about building wealth, so they won’t to need to work to traditional retirement age.
I want to help you take control of your life, have F.I.R.E.
And the platform allows writers to share one article once a week free of charge. So, I like to share them with all my current & future subscribers. (see below)
The explosion of crypto assets like Bitcoin USD (BTC-USD) & Ethereum USD (ETH-USD) have made investors a lot of money over the years if you bought in early and stayed invested. I, myself, admit I was skeptical about crypto, mainly because the lack of regulation.
But in recent years, I’ve came to realization that crypto is here to stay. And is changing the world as we speak. Globally, crypto is becoming more widely accepted and this is likely to continue for the foreseeable future.
But as a passive income investor, crypto also never appealed to me because their assets don’t pay dividends or distributions.
But with the explosive growth of covered call ETFs in recent years, buying and holding crypto assets has become more attractive. Especially with the distributions those covered call ETFs pay as they allow you to collect passive income you couldn’t before from crypto.
While there are many funds out there that sell calls against crypto assets, this week’s article of the week highlights one fund investors should consider if you’re looking for passive income.
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