Farming by playing online to get Axies Infinity accessories, points or credits and then sell them in the real world for money . More and more young people are dedicating their time to gambling and earning money .
- How much money in dollars can you farm in a month?
- Is there a risk when investing in Axie Infinity?
- Is Ethereum Coin A Good Long-Term Investment?
- How much should I invest at the beginning of my account to maximize my earnings?
- When should I withdraw my winnings and how to do it?
- How do I get the best gear to play Axie Infinity?
How much money in dollars can you farm in a month?
The money you manage to farm per month will be varied, as there are factors that influence such as the number of axies you have, experience, how effective you are in battles and the price factor of the SLP in the market. We are going to get an estimate of a player who has the number of 3 to 9 axies and is 50% effective and another who has more than 20 axies and wins 50% of the battles.
If a player owns 3 to 9 axies and has a 50% rate of profit he can get between 210 to 240 SLP per day, it would be about $ 30 per day approximately. Now you only have to take the account for a month, remember that digital currencies go up and down.
If the player owns more than 20 axies and his profit rate is 50%, he can get 300 to 400 SLP per day, it would be $ 42.57. The truth is that if you invest in the game the 900 to 1500 $ that the 3 axies cost, you will be able to recover the investment in a month or a month and a half . As in any business, if you are going to start this game, it is good that you consider the risks that may arise.
Is there a risk when investing in Axie Infinity?
One of the risks is investing the amount they ask you to start and that the axies earn little, in this case it would take more than a month to recover the investment. And since it is a virtual currency, its demand could drop overnight , there is also how effective other equipment is.
But since Axie is a game that has just started, it is little known by people, for example they do not know that there is an Axie Infinity application , this is the difference that more people join this community and that generates more demand, so time is of the essence.
As with a physical business there are risks, in what has to do with the virtual much more, since it is somewhat unstable, that is, the value of a certain currency can collapse overnight. If the company’s server breaks down, those who have investments lose them. However, when it comes to Axie Infinity, its bases are good, such as Ethereum, Stablecoins, DeFi and NFTs.
Is Ethereum Coin A Good Long-Term Investment?
The first months of this year 2021, we have noticed that Ethereum has reached its historical maximum, and it is true that its price has dropped recently, however, experts believe that Ethereum has a long way to go and reach incredible levels, it has shown be a good investment .
How much should I invest at the beginning of my account to maximize my earnings?
When deciding how much money to invest in the beginning, it would be good if you started with a small investment and thus the game is the one that will maximize profits.
One way is instead of acquiring the adult Axies, which would be a large investment of about $ 1000 to $ 1500 depending on the value of the currency at that time, you can look for the Axie eggs and raise them and after 5 days you can have your Axies more cheaper than adults. Another option would be the Axie scholarship system , look for information about this method that is new to Axie Infinity.
When should I withdraw my winnings and how to do it?
When you start to gain experience it will be easier and faster to collect the SLPs and sell them if you want, now when you can withdraw the profits, you can only withdraw the profits every 15 days.
How do I get the best gear to play Axie Infinity?
It is important to get the best equipment, since it will determine how quickly you can recover your investment. Each team needs a defender , this must withstand all the damage caused by the rival, the plant and reptile Axies have better survivability. The attackers have the objective of causing damage to the rival, usually their HP is low so they must be behind the tanks or defenders.