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.
- 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.