Page 117 - Credit Matrix: The Path to Financial Liberation Red Contract
P. 117

7. **Growth and Repayment**:
                 - Aim for your crypto investment to grow 50-100% over the 6-week period,
               starting from an initial $125 investment.
                 - Use the profits to settle your BNPL debts and reinvest the surplus back into
               cryptocurrency.


               8. **Rinse and Repeat**:
                 - The more gift cards you can manage and sell, the more funds you can redirect
               into crypto investments.
                 - This cycle creates a continuous loop of credit building and investment growth.


               #### Enhancement Through Automation
               Enhance this method's efficiency by automating parts of the process:
               - Set up automatic deposits from your bank account to your Cash App,
               configuring the amount and frequency to match your investment strategy.
               - Utilize Chime's "Move My Pay" feature to automatically transfer portions of your
               deposit into the Chime Credit Builder account.
               - On the crypto investment end, enable auto-recurring investment features on
               platforms like Crypto.com to streamline the investment process.


               #### Benefits of the Method
               - **Credit Building**: Every transaction with your credit builder card positively
               impacts your credit score.
               - **Investment Growth**: Potential high returns on cryptocurrency investments.
               - **Flexibility**: Scale the number of gift cards based on your capacity to manage
               and invest.
               - **Automation**: Streamline the process for consistency and efficiency.


               #### Risks and Considerations
               - **Market Volatility**: Cryptocurrency investments are subject to market risks and
               volatility.
               - **Repayment Obligations**: Ensure timely repayment to BNPL providers to
               avoid penalties.
               - **Resale Value**: The resale value of gift cards can fluctuate; it’s crucial to
               secure a reliable resale avenue.


               This method, with its blend of credit building and investment, offers a unique
               approach to financial growth. As with any financial strategy, it’s essential to
               assess the risks, stay informed about market trends, and manage your
               investments responsibly.”
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