KYC update 100722
(NONE OF WHAT I WRITE IN MY ARTICLES IS TO BE TAKEN AS INVESTMENT ADVICE. I am not an advisor for this nor am I suggesting any financial action on your part. DYOR)
(Click the name of the project & follow the link if you would like to join any of these. Thanks.)
10/01/22 balance = $21.80
10/07/22 balance = $22.09 (Up $0.29 / 1.3%)
Ethereum 2 is down 2.06% from last week. Not much change, up or down, this week. Which I’m counting as a win, seeing as most of the market is down. I still can’t do anything with the Eth 2 that I have…At least it’s keeping my account open.
I may also start converting any crypto I get from the learning modules into Algorand (ALGO). It is currently earning around 5.75% APY!
10/01/22 balance = $204.06
10/7/22 balance = $3.00 (Down $201.06 /98.5%)
So I finally go around to moving $200 of BTC out of Gemini, after waiting 7 days for the Coinbase address to be approved.
I plan on leaving it small like this to keep the account open in case they add something in the future that I want to take advantage of & use.
10/01/22 balance = $700.96
10/7/22 balance = $690.27 (Down $10.69 / 1.5%)
DFI is at $0.68, down another 6.46%. DUSD is at $0.78, up 8.39% in the last week, but still down 22% from $1. (It’s supposed to be a stable coin.)
I’m currently at 413.19584 DFI staked, up 2.7395 DFI/6% from last week.
I am concerned that my 413 DFI tokens are currently only worth $279…still…$279, again.
I do however have $100 BTC invested into the Earn product @ 9.75%. I invested 0.00531339 BTC on 9/26/22. So I’ll need to leave it ther until after the beginning of the year, to have 100% Volatility Protection. Currently I only have 10% protection.
Total KYC balance:
10/01/22 = $905.40
10/7/22 = $715.36 (Down $190.04 / 20.9%)
I withdrew $200 in BTC from Gemini for the Anon projects. But I’m only down $190? I call that a win, especially in this market.
These KYC projects are usually long term investments. Sometimes though you have to move things around a bit & put the money where it can be better used.
Hopefully, DFI & DUSD will get their act together & come back up again, bringing my profits with them.
Time will tell…
Now following anybody that interacts with my articles… God Speed!
