Keeping it interesting, two months later: My cryptocurrency adventures

A couple of months ago I started playing with cryptocurrency. Small amounts. Just for fun. I didn’t expect to get rich or anything. Two months later I report that yes, it is fun, and no, I didn’t get rich.

Details:

  • I now have cryptocurrency holdings in three denominations: XLM, BTC, and BAT. Today the combined nominal value of all my holdings is under $100.
  • Since my initial venture into crypto my holdings’ value has fluctuated up and down by about 10%. At the time of this writing I am down about 5%.
  • Moving crypto around is not free. Fees vary.
  • I still haven’t tried to cash out. I am in the process of obtaining a crypto debit card, which will allow me to spend my BTC online and offline.
  • The Brave browser (my default) lets users earn BAT by viewing ads. In just over a month, running Brave on all my devices, I have earned 22.35 BAT, valued at $4.30. In month #2 I am already up to 50 BAT, and the month is not over yet.
  • I tipped one web publisher 10 BAT.
  • Nobody has tipped me yet (other than myself, as a way of depositing BAT into my account).
  • It turns out Peter Thiel is a Brave investor. Make of this what you will.

SUMMARY: It is still interesting, like an online game — a great escape from the daily tedium. It is not a money maker (for me at least, yet). I am not planning to put fiat currency into crypto — not at this time, anyway.

One response

  1. Pingback: Reading « Mostly Subjective

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