My involvement with crypto over the years has waned.
At one point, I was constantly looking for content ideas, researching and writing crypto related content. Now I have moved on for the most part. Many of my favorite Bitcoin and crypto related services are gone.
But not this week. This week for the first time in possibly years, I conducted a crypto transaction. The transaction itself was simple, I bought ten bucks of LTC. Now, as I have said before. I don't think crypto itself is a good investment. It's like investing in checks or investing in a foreign currency. It's a method of exchange, not a cash flow producing asset.
But I did this because I was paid 25 bucks in bitcoin. So spending 10 bucks for 35 bucks of crypto is a pretty good deal.
I did this on this app called SoFi, it is quickly replacing Robinhood as my favorite investing app. They offer some great sign-up bonuses. Use my link to get $50 when you invest $1,000.
https://www.sofi.com/share/invest/2588771
I also did a post on The Frug Life recently reminiscing about some of the good times on this blog. You can read that post here.
I don't think those old times are coming back anytime soon. But I still might have an adventure or two left in the crypto verse.
Actually, I wrote this post quite a while ago. Funny enough though, that LTC I bought is now worth $40! So I made quite a bit off this trade. Paypal also offered me a similar deal, where they gave me $25 to buy $25 of crypto. So for the first time, I actually bought ETH, my first holding of it.
In short though, I’m always looking for deals to be had in the crypto space. They aren’t quite as common for me as they once were, but when they do happen. I will report on them here! On a side note, this particular deal has ended. Actually probably quite a while ago. Still Sofi has other deals that might be worth looking at.
