And I started with a $0 initial investment.
I know that probably sounded like a click bait title - and to some extent it is - but it is 100% true! The blockchain game I have been playing in the WAX mainnet ha rewarded me. After 4 months of playing Alien Worlds I finally decided that it was time to cash out.
In my time playing the simple game I got to interact with a lot of cool communities at the same time. The BANANO team themselves have a very prominent group of followers that are playing the game in the name of the CryptomonKeys. Even I was doing mining for that project and earning even more rewards along the way. I got to meet the $DUST team and learned how to be rewarded for proper engagement. In general, I got to find out about a lot of cool projects.
But let's not take away from the fact that I was able to manifest $1350 of value out of a simple point and click style game in the internet. I'm not here to brag but I am here to just share how goofy and nutters this whole crypto space can be and how you can monetize it if you are in the right place at the right time.
Now, I wasn't someone that got in early with Bitcoin or Dogecoin, but I would like to think that I got in early with Alien Worlds and their TLM token. Just by playing the game you are occasionally rewarded with TLM. I played for such a long and consistent time that I just decided to hoard all of my earned TLM.
During the infancy of Alien Worlds, it was not quite determined what TLM would be used for. So since it had no use case it was fairly cheap and easy to swap. But once a few bigger announcements and listings appeared, the value of TLM went up a lot.
I had about 4100 TLM when I decided it was time to swap out and claim my rewards. The value of TLM was up, the value of WAX was up, and I had learned how to send WAX to my KuCoin wallet. All the planets were starting to align.
I first used the Alcor exchange to swap all my crypto crumbs in my WAX wallet into actual WAX tokens. This meant converting my $TLM, $DUST, and Aether to one single currency.
By the time all the swapping was done I had about 7500 WAX in my wallet. Since WAX had been floating around 18¢, this meant my stack held some value in terms of $USD comparison.
From this point I just needed to get the WAX somewhere it would be better utilized and accessed. KuCoin is becoming one of new go-to exchanges and it allows for WAX, so I knew it would be my best option.
Making sure the memo and address match is something I wasn't familiar with, so I made sure I did everything with 110% precaution for this first deposit.
I was scared at first because I was only able to see the confirmation on the WAX side of things but was not able to see it in KuCoin. But I believe after 30 transactions the WAX appeared in my account.
The process was a lot easier than I thought it was going to be. I'm still so new to this soft ware and I am always worried when I start to do things that are too obscure that I might mess up and lose everything. That wasn't the case this time though!
You can see that the funds went into the main account, but I quickly shifted then over to the trading account. Then I swapped all that WAX over to USDT because I got an itch to play with some trading pairs. This is also something I have never done before but since this is all with earnings that I put $0 into, I feel a bit better playing around.
With that being said, what type of trading do you think I am getting into right now? 🤔 It's 4/20 and there is a certain meme coin right now that everyone is playing with...