read.cash Log in
@GrandFreud more from that month

Step by step into crypto investing from tips

One of the reasons I didn't start early in crypto space is it had too many speculators and still does, as well as was too young to understand the complexity of economics, and preferred old-school "stable" solutions. But things turned around quite interestingly as finally starting to see proper adoption for ordinary people by big companies. Another reason is I didn't want just my Bitcoins or other crypto assets to sit in the corner and "collecting dust" but rather circulate in the blockchains' networks. After months of trying out, I decided the main earning wallet to be **Celsius Network****,** a mix of CeFi and DeFi lending solutions' project since 2017 with big names behind it as Alex Mashinsky and huge partnerships with other top crypto projects as **Tether**, etc. The first part of if was depositing small amounts like 0.02$ worth of Bitcoin Cash by the time, tipped from Twitter through the tipping bot, **@cctip_io**, which allows withdraws without any fees. Checked my BCH wallet address on, e.g. https://explorer.bitcoin.com/bch, to verify are transactions are going in and out, which is true. While reaching 0.50$ of BCH, I was switching around BCH and CEL on the weekly interest payments, which is seamless and contributing to both cryptos. Therefore, I decided to put my Lighting Network satoshis on the actual chain of BTC through **@coinkit_**, another big Twitter tipping bot, to my BTC Celsius wallet address. I was saving to 50K satoshis, minimum withdrawal amount, to get them to earn compound interest on them. My first withdraw got 8k satoshi fee but after a conversation with a Coinkit developer, ChekaZ *( who tipped me generously an amount to reach exactly 50k )*, it was worth it. Because on satoshi exchanges to get on-chain BTC, fees can reach up to 20-30k satoshis. Funny fact, I was the first one found out the bug of the exact withdrawal of 50k satoshi, so software development never stops. After a month, Conkit published that they will compensate BTC fees by allowing a twitter user to do 1 fee-less withdrawal per day. Crypto adoption at its best. :) So that is the beginning of my journey through stacking BTC tips while earning interest on it. Before the big gas fees events, it was worth it to withdraw ETH from @cctip_io. Therefore, tips diversification of top cryptocurrencies is even possible. What do you think about it? Can I add other options of decent platforms with crypto social tips interaction? https://celsiusnetwork.app.link/109058d9cc https://twitter.com/Mashinsky https://twitter.com/cctip_io https://twitter.com/coinkit_ https://twitter.com/ChekaZ_

No comments yet

Log in to join in Reading is open to everyone. Replying needs an account.