I am sitting on a train back to the big city from my hometown. I've done this ride many times. I have been chugging through some low effort work and doing some silly little crypto chores. Nothing difficult or overly lucrative, but the things I always do when I have 5 hours to kill.
I'm tipping some of my fellow bloggers. I am farming in Sunflower land and Chainerz, I am playing some Rollercoin minigames, and most importantly I have my phone open geomining with the COIN app the entire ride.
I just wrote about the new change to the COIN app's mental challenges that have really messed with my plans for the app, so I need to take advantage of these long periods of movement to advance my towards the next withdrawal. One round trip train ride is looking like it will get me 7% of a withdrawal. So they are important to take advantage of.
Upon withdrawal, my policy has always been to convert out of XYO as quickly as I can. Initially to BTC, but recently to SOL as I build my yield farm. Because it is top of mind I thought, "was that even a good idea? Maybe I would have been better off amassing a large stack of XYO to really feel the gains if it moved in my favor.
The good news is that I have been keeping very diligent records, as you may know. So I can easily answer this question pretty easily, or at laest since 2024.
Since 2024 I have pulled 8203 XYO off of the COIN app.
This XYO was converted immediately to a Bitcoin equivalent value of 0.00092833 BTC.
This is a Bitcoin equivalent value, that assumes the XYO was flipped into BTC right away. Not all of it was. So this value does needs an asterisk. But assuming it was all converted to Bitcoin, I have earned $99.30 geoming with the COIN app.
On the other hand 8203 XYO at todays price is worth $38.99
I am 200% ahead by not keeping any value in XYO. I always knew that this was the case, but its nice to see the data corroborating the hunch.
I feel bad for some of the Twitter XYO Fan boys who before the last big crypto downturn would brag about being 100% in XYO. I hope that this was people lying on the internet, but I do think about the guy who would post about remortgaging his house to buy XYO. I think about him often.
Faucets are a good way to gain some crypto. But if the faucet (or app) has a native token, its not a smart idea to hold that token long term. Infinite, or near infinite, liquidity does not help with market cap expansion.
Don't have all your eggs in one basket, especially if the basket has a hole in the bottom.
Anyways, keep building.
Referral links if you want to start earning with me:
Chainerz.io - Crypto Farming Simulator
https://chainers.io/?r=mgtjigce
ZBD Zebedee - An Earning Platform on the Lightning Network
https://zbd.link/hcHi/invite?af_sub1=YH3QPA
Rollercoin - Play Games, Increase Mining Capacity, Earn Crypto
https://rollercoin.com/?r=lnkxtxrq
KuCoin - 15 USDT for new accounts
Pay Pal - A bridge between online and offline money
Cambly - Teach English Online On Your Time
https://www.cambly.com/invite/XFE7JUVA?st=080823&sc=4
Receipt Hog - Monetize your receipts
https://app.receipthog.com/r/zamp3695
Referral code: zamp3695
COINapp - Earn Crypto while on the go.
Cointiply - Crypro Faucet
Publish0x - You know what it is!
https://www.publish0x.com/?a=xkaz6G87aJ
SWEAT Coin - Earn Crypto While on the move.
Pi Mining App - A daily crypto 'miner'
Coinbase - A Crypto trading platfrom
https://coinbase.com/join/hutchi_am?src=referral-link
Shake Pay