Mid October Cryptocurrency Millionaire Update:
What was missed based on my last update;
Going based off of the last update, we had accumuluated a grand total of 16.08 ATOM ( at the time of posting ) that was the equivalent of $100.45 ( 20th of July 2024 )
I have since changed my approach, not only to staking, investing, but cryptocurrency as a whole. Instead of focusing on the things that would generate the highest level of returns, I've shifted the focus more towards a more consistent level of returns.
"What do you mean by that?" I'm glad you asked, voices in my head, what I mean when I say that is that instead of me staking ATOM in Coinbase, I'm now staking all of the ATOM I had and converted it into ETH. I find Ethereum has the best overall use case; I find it's a better investment thesis ( in my opinion ) than something like Bitcoin. I do feel like I should have a little more diversity in what I invest in, cryptocurrency wise, but I feel like that could be a different topic / talk for a different day.
I have a total vested of $96.84 in the ETH wallet right now. Staking rewards are only 2%, but rewards us every 3 days.
I find this to be more incentivizing, but again; my personal opinion. 