The Quest for One Million Sats Back

By Cje95 | Chronic Illness and Crypto | 19 Apr 2022


While a lot of people I know prefer to get cash back with their credit or debit cards I always found this to be something that well... kinda sucked. I had always been against the idea of cashback since I first heard about it growing up. It never made much sense to me for me to pay full price on something and then have to wait to get my money back.

 

Some of my friends also saw this issue so they became big points people. They would set up their month really of shopping and eating out around the idea of maxing out their points as quickly and efficiently as possible. While I liked this idea and thought about doing so I really kind of held back since there were still limitations and other things that you could run into. One day my brother passed along an app for me to join that has transformed what I expect out of a debit or credit card.  

 

When I first signed up for Fold App they were not offering a debit card yet but there was a waiting list that you could join. Interested in the whole idea I hopped on without thinking twice about it. After a hot minute, I finally was able to sign up and receive my debit card! At this time there were two options for an individual to choose from and that was the free card or the premium or Spin+ card. The Spin+ card came at a price though it had a $150 annual fee with it. 

 

I weighed out what I was going to be using it for and the pros and cons of the card and for me, the best fit was going to be the Spin+ card. By the time I had received my card I had begun my stacking sats journey but I was not entirely sure what my goal was going to be. It was a new idea to me and something I was interested in but I just had no idea how it would shake off.

 

At the time when I got my card, I was able to submit my first withdrawal which was something that really excited me! Fold covers the transaction fees so you get your full amount but it requires 50,000 sats for this to happen. This was in March of last year and even though in hindsight it was not that much at the time I was pretty shocked. 

 

Fast forward to April of 2022 and I am getting so close to 1 million sats I cannot believe it! Currently, I sit at 955,022 sats a number that really has blown my mind. I have withdrawn a couple of times now and sent the amount to my Hodlernaut account for lending helping me continue to build up the BTC I have gotten back! 

 

Of all of the lessons, I have learned the biggest is to keep on stacking no matter the price of BTC. I used to try and judge it to get the most sats back I could but honestly, it is just not worth the effort and guessing game. If you are like me and holding for the long term it really is just not worth it and it is better to just get the stats and move them to a lending application. This is the quickest and easiest way to stack your sats.

 

Since I am an Amazon Fresh user I make sure to fill my Amazon gift card balance up before I order. If you sign up for Fold's debit card you have the ability to earn 5% back on your gift card purchases which really helps speed up stacking your sats!  Using Fold I receive 5% back on my Amazon gift cards and this has been a huge boon for my ability to stack sats at a high rate! Now I benefit not only from my typical purchases from Amazon but now from getting my groceries delivered to my apartment so they are there when I get home from work! 

 

Please know I am not a financial advisor I am just someone who picked up on a trend and wanted to express it! Makes sure you always do your own research and never invest money you cannot afford to lose! If you enjoyed this article and would like to further support me below are a couple of referral links that if you used when signing up I would appreciate it! Also, follow me on Twitter @Cje95_

 

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

Sign up using my link here and get a free $10 credit towards your first $40+ purchase! 

 

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! By also using my link here you also are added to the crypto wallet waitlist and like always both stock and crypto trading is commission-free! 🤝 

 

Coinbase

Sign up for Coinbase and earn $10 of free Bitcoin when you buy or sell $100 in crypto with my referral here!

 

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 5,000 sats in just a couple of months walking to work! Here is my link!

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Cje95
Cje95

Graduated from Texas A&M in May of 2020 had dabbled in crypto since 2017 but dove in at the end of 2019. December of 2020 packed up and moved to D.C.! Huge sports fan, space nerd, and international newsreader! Follow me on Twitter @Cje95_


Chronic Illness and Crypto
Chronic Illness and Crypto

Cryptocurrency and Blockchain are going to be a huge part of the future and no matter who tries it isn't going to be stopped! Here I try to give my best insight and thoughts into the latest crypto news, features, developments. Further, I look to discover any link to news from the United States ranging from social-political issues to stock market and economic data.

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