Trash to $cash Experiment - 1st Month (August)

Trash to $cash Experiment - 1st Month (August)

By BirgerJarl | VikingCrypto | 29 Sep 2021


Background

When I threw out the trash the other day I found a closed bag full of beverage containers from one of my neighbors. 

Containers

The question that came to my mind was: will these containers yield more than using faucets? I’ve gone through a lot of Captchas for tokens from different faucets. In my country there is a deposit-return system on these containers at the supermarket. You get between 1-2 kronor (~$0.12-0.24) per container.

 

Will these containers yield more than using faucets?

$cash

Four weeks resulted in 60 kronor (~$6.97)

 

Goal

To prove that you don’t need a lot of money to start your journey into the crypto universe.

As a community I would be great if we help and learn from each other.

I will do my best to grow this portfolio. My plan is to continue to deposit containers whenever I gather more of them and continue growing this experiment (little by little) and I will not personally contribute to any containers.

 

Let’s go

Let’s kick off by choosing an exchange for this project.

The exchange needs to support SEPA (Single Euro Payments Area), since the transfers will be small and we want to avoid unnecessary fees.

My plan is to go with Binance or Coinbase Pro because of their ease of use.

What do you think? BTC/ETH might be a sure bet or what altcoins can I buy for long term growth?

I’m currently thinking about FTM and Spookyswap.

The reason for FTM is very low network fees, since I will be using very small amounts of fiat in this experiment.

Questions further down the road: What wallet to use (or just stay on exchange)? Which token(s) to buy? Should I just HODL or put them to work? Rebalance the portfolio?

 

Please let me know in the comments below.


Summary 1st Month (August): $6.97




 

Residual Income:

Blockreward.app (Multi)

Faucet Crypto (Multi)

The fountains: PipeFlare (Zcash+Dogecoin), GlobalHive (Zcash) & Horizen (Zen).

BlockFi

 


 

Donate directly:

0xAFEA60db9027dbe7661b24129F2F30e87D19C9A4

0xAFEA60db9027dbe7661b24129F2F30e87D19C9A4

FTM (Fantom Opera Network)

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BirgerJarl
BirgerJarl

Crypto enthusiast from Northern Europe


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