With the arrival of Amazon's Prime Day the amount of Bitcoin, I have been able to earn back in the last 24 hours or so has been incredible! The crypto-back credit/debit card field has been getting crowded the last few years enticing people to switch to different cards offered by a wide variety of companies. Using different crypto rewards and tier structured rewards friends of mine have bounced around all different sorts of cards. I have continued to maintain that the best card in my eyes is the one I have had and continue to hold and utilize and that is the card offered by Fold.
Fold simplifies the whole experience, you are not getting any of the bells or whistles, and centers it on Bitcoin rewards. To make it something that everyone can participate in they offer two tiers a free and a premium or "plus" version as they call it. One of the main features of this plus version is that with your Fold debit card you can purchase Amazon gift cards and receive 5% back. With the premium version, you can do this up to $500 in gift cards a month as compared to the free option which only lets you do $250 a month in Amazon gift cards. Premium users also get more bonus spins and have better odds on the spin wheel for higher Bitcoin back chances!
With Prime Day approaching I began to plan and bought a couple of gift cards at the end of last month so that when it reset I would be able to leverage the whole $500 amount if I wanted to. Once Prime Day came around and I was finally able to see all of the deals I quickly pounced on a few different ones checking things off my list for either gifts or things I needed in my apartment like a desk chair. While I knew that Bitcoin was down I do not think it registered with me how that would end up impacting my BTC back as I just rain the final calculation and I have to admit I am blown away!
For Prime Day this year, I earned 246,816 sats back! At the current market price of Bitcoin, that means I earned back almost $50 ($49.05 to be exact)! While I hit a couple of high percent back spins I also hit a couple of really bad ones as well. However, with spending the amount I did I averaged close to 10% back which is phenomenal! It helps take the sting out of the amount of money I spent for sure! Getting that many sats back and knowing that Bitcoin will bounce back is huge! With prices down over 60% this year if Bitcoin can finish the year in the mid-30s low 40s I would be looking at close to a 100% increase from what I just earned my Bitcoin at!
For a long-term HODLer like myself, this Prime Day was an incredible time!
Please know I am not a financial advisor and make sure you do your own research! If you enjoyed this article and would like to further support me below are a few referral links that if you used when signing up I would appreciate it! Also, follow me on Twitter @Cje95_
Robinhood
Robinhood is offering a great signup deal if you use my link here where we will both be awarded free stock. All that you have to do is sign up and connect your bank account for the award! With commission-free crypto trading and the ability to set limit orders, it is a great hybrid offering in my opinion! Not to forget the addition of wallets and the ability to send and receive crypto!
Fold App
Offers daily wheel spins to win free sats daily! If you sign up for Fold with my link here you will get 5,000 sats for free!
Unstoppable Domains
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Coinbase
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SMiles
If you are like me and walk to work every day this app rewards your walking with Sats! So far I have earned over 6,000 sats in just a couple of months walking to work! Here is my link!