What does crypto represent for you?

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(Edited)

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I once had this idea to try to earn money online. This is about 10 years ago and this idea never left me. In this video, I share my journey with you. This journey brought me first to crytpo and later to Hive...

Liotes Mission

By taking part in the Liotes missions, you can win credits that will help you to increase your score and your title in the Liotes Ranking.

We are very curious and we would love to hear what crypto represents for you!

Today's challenge

Tell us about yourself. When did you start with crypto? What are your primary income sources in the cryptoworld? What does your income from crypto represent for you in terms of your daily budget?

Write your answer as a comment to this post.

You will get 2 credits for taking this challenge and 3 bonus credits, if your comment is longer than just the bare minimum!

We are very grateful if you enter the challenge within 24 hours after the post is published. We will try to count entries up to 36 hours after publication.


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Oh man, Klammlose, amazing. I've probably made several thousand € during the years with these! Good old times ;-)

I've actually started earning money online as early as 1999. I've been writing short articles on sites like Ciao.de, Yopi.de, Hitwin.de. It was a crazy time for me. I was still going to school at the time and I've earned more money than all my peers working pupil jobs - all from home and with very low effort.

Then there was the whole Paid4 stuff, like Klamm you mentioned, and I've also made a lot of money there, mostly by referring people to the various sites.

Once that died down, I mostly focused on Hex TCG - an online trading card game which I milked for some time. I sadly missed most of the crypto train, only got to it in late 2019. I'm building and growing ever since and just like you, I want to eventually be able to live from cryptocurrency. You don't need as much money in Southern Germany as you need in Switzerland, but stuff is still pretty expensive around here so it's still quite a long journey. Still, I'll enjoy every step of it ;-)

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Oh man, Klammlose, amazing.

I loved all the gambling and ad sites. Then you could kind of stake the Klammlose and get interests. It was really great but in the end the inflation kind of killed it :-).

For a long time I didn't believe that one day I would even come close to earn enough money on the internet to live from it. Lately things have developed quite nicely however and maybe it's not so utopical anymore.

I belive that living costs in countries like germany and switzerland are pretty high but I wonder whether this will not change in the near future with all the effects of the pandemia... At least crypto seems a very encouraging plan B...

Thanks a lot for your comment!

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I like this mission. It will be interesting to read everyone’s answers. I’m vary new to crypto. I have wanted to get into it for a few years now, but it always seemed so complicated, and risky. The wide spread adoption of crypto the last year or to finally convinced me to jump in though. In February I signed up for Coinbase, put a little money into the bigger coins, and did their learn and earn tasks. I then started looking for ways to earn more crypto. My computer is t good enough to mine with, so I started checking for other ways to get Crypto. I tried a few different faucets, and am still using Cointiply when I think about it, and have some free time. That eventually led me to Publish0x. After a few days on there reading about different crypto projects I stumbled on an article by @khazrakh talking about the Liotes project. I decided to read up on it, was impressed by the idea, and decided to jump on the opportunity. From there I started learning about Hive and have been writing on here for about a month.
Right now my primary income sources in crypto are the interest my Coinbase account is earning, a trickle from the faucets I use, and what I earn on Hive. I’m not earning much right now. My Coinbase account is mostly in Dai since its stable, and I’m moving a little bit into other coins each month. Hive has been earning me a little bit, but I’m reinvesting it all into HP, and tokens for Liotes, and other similar projects, so no monetary return there yet. I’m hopeful that by building a good base I can set myself up for future profitability.

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Very happy to have you with us, I'm always a little proud when I manage to onboard a new user :-)

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It's great that you found the way to Hive and even better to Liotes ;-). I think Hive is the perfect platform to learn and understand how things work. It's also a place where you can exchange with a lot of very interesting people.

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I started with crypto about 10? years ago? I got sent some btc and shortly after lost the wallet somewhere. I can't even recall the tiniest detail of where it was. I'm probably a lost millionaire now.
Fast forward a few years and I joined steem. I loved the concept, not the jerks that ruined it. Now, I'm on hive and will be here for as long as I can
Daily income is from delegations. Liotes,Brofi ctpsb dhedge spi lbi and a few others. I love looking at HE explorer and seeing the drips and divs coming in every day. That should be a rockband or and album name drips and divs lol
I will continue to increase delegations to existing projects as well as being on the lookout for new ones.
I have high hopes for liotes as well.

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and shortly after lost the wallet somewhere.

Omg how you didn't have several BTC on it lol.

It's a great feeling to have the dividends and interests coming in from all sides :-).

Thanks for taking the challenge!

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Thank you for this initiative.
When did i start with Crypto, i don't even remember man.
If i stress myself and recall, it was around 2-3 years ago when my brother @guurry123 told me about Steem. He tried to explain this to me but everything was going over my head.
Posting some content, commenting on posts and upvoting etc was something i was wondering about, how can i earn from these activities.
I knew about Crypto (or should say BTC) at that time but only knew that it's some digital currency that you can mint. But was not too sure if i wanted to jump into it because of all the online scams etc.
My brother convinced me to start with Actifit and do at least on post a day that i started to do.
When Hive was forked from Steem, he approached me again and tried to convince me to join this platform. He showed me his Wallet and that when i saw the shiny new Crypto - Hive.
Since then i have been actively participating, creating, curating content here.
I have not made any hard money investment here yet.
I did buy some BTC when there was a big dip a few years ago and sold half of it after a few months, i did that to take out my initial investment but i am still keeping the remaining which had grown to a decent amount now.

My primary interaction with Crypto is through Hive only and i hold good stake in different tribe tokens here. I also invested in Liotes miners recently. Though i don't know how to check the status and earning from them.

I am still using my Fiat income for my day to day needs and only investing in Crypto for my future. I am planning to retire with some decent amount of crypto in my wallet. I am hoping that by than we will be in a world where we will be able to buy stuff using crypto and i will not have to worry about all the conversions.


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Thanks a lot for sharing your crypto journey! It's nice your brother managed to convince you to join hive. I believe it's one of the best places to actually earn some decent income without having to invest fiat.

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I was really very nervous about investing my hard earned Fiat money because crypto had a very bad reputation because of scams etc.
I was so glad when he explained that I can start without hard investment and that was the most convincing point.


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Thanks a lot for the credits and bonus. Appreciate all the help and support.
Take care and have a good day


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That was interesting! I'd never heard of Klammlose before... but Joomla! I remember having a Joomla site somewhere between having plain html sites and moving on to self-hosted Wordpress sites.

I was a slow starter with crypto and I started simply by accumulated satoshi on the faucets until I had enough to send over to Coinbase. When Bitcoin was around $6,000 towards the end of 2019 I had built up a massive $200 worth of satoshi!

Then I got a bit carried away with some dodgy crytpo "arbitrage" sites but came out ahead of the game in most cases by not getting too greedy and withdrawing early. That was going on for much of 2020 and is not something I would risk any more.

Indeed, I realized that I was just being lazy by not learning do my own trading, so I spent a couple of months learning the ropes on the Stormgain platform by trading small amounts of my own BTC, and by demo-trading.

Then, as soon as I discovered that the new version of CTP was tied to a blockchain project
called Steem I decided to get involved, a couple of months before the Hive split. I followed the CTP tribe over to Hive and have been building up CTPT since they were launched a few weeks later.

With the closure of the coinpot faucets I shut down most of my "faucet" operations, continuing only with FreeBitcoin and SatoshiHero.

My two main crypto interests are Bitcoin and Hive/CTPT.

As for what part they play in my investment strategy, I have been influenced somewhat by Nassim Nicholas Taleb's "barbell strategy". My crypto portfolio = the "high risk" end of the barbell, and it consists of various "weights" which are BTC, Hive/CTPT etc, and then my crytpo futures trading account, the smallest weight at the far end of the "high risk" end of the barbell.

I call it "high risk" and yet, just as you said about your own accumulation of crypto, none of my crypto comes from "out of pocket" investments of cash, so in that sense the "high risk" is mitigated.

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Thank you very much for sharing your crypto past. I think it's a good strategy to diversify our actions and our income sources. What I like about the crypto world today is that it's getting easier every day to link crypto projects together and thereby diversfing what we own and how we can generate passive income.

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Tell us about yourself. When did you start with crypto?

  • I started with crypto back in late 2017. I downloaded eToro and purchased all sorts of coins through that platform. But after a few months, I consolidated all my assets into XRP. I owned almost exclusively XRP for several years after that actually, but then got into Hive and Splinterlands during the lockdown.

What are your primary income sources in the cryptoworld?

  • These days, DCity, Splinterlands, CubDefi and several Hive Engine funds (Liotes, LBI, ARCHON, DHEDGE). Also, I sold some XRP with profit :).

What does your income from crypto represent for you in terms of your daily budget?

  • I am still very much in the stage of building up, so I would say it has little positive or negative impact on a day to day basis at the moment.

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Thanks a lot for your comment. I think XRP is probably the only coin that I never owned :-). Hive offers a lot of potential incomes sources and I see that you have quite a diversified income already. Of course it takes time to build something substantial but we need to take one step at a time.

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I started searching about Bitcoin in the first quarter of 2017. The first time that I bough Bitcoin was 4 years ago. At these times, I was using faucets (maybe one of the ones that you developed ^^) watching ads and doing micro tasks to earn bitcoin in addition to buying form local exchanges.

The first time I realized that money can be earned from internet (for me) was the discovery of Steem. I was dying of being a writer there and I started blogging on the platform in 2018. Because of my passive income-lover personality, I invested in several cloud mining scams, bitconnect, games and lost a couple of bitcoin and ethereum 😅 However, I experienced every single way that one can earn crypto so far. Thus, I think I'm not that much unlucky ^^

For now, crypto is a side hustle due to my overloaded life conditions. Currently, I'm trading and earning through games and blogging but they are %90 reinvested. On the other hand, De-Fi and Nexo are two different sources of crypto income model that I implemented 😌 Regarding the daily earnings, I cannot say that the amount is enough for a living. Yet, it's compounding 💁🏽‍♂️ No need to rush, it's better to discover every single thing in crypto for us imo 😄

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We were probably all hit by one scam or the other. I think it is part of the learning curve in the crytpo world :-). I think it's a great solution to reinvest what we are earning, letting the tokens compound and grow.

I see a lot of people cashing out everything they earn and not realizing that they miss the biggest potential that crypto can offer which is to get a passive return from it! I arrived at a point where my passive return is almost as big as what I earn from posting and I think the balance will soon dip the other way around.

Thanks a lot for sharing!

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Since I am very new in the Crypto World, only maybe 2 years or so, if you count my membership in Bitcoin Bully before CTP relaunched in 2019. Most of what I have in Crypto has been earned by blogging and curating on CTPtalk and Hive. I did invest a small amount of Fiat but it was actually just reinvesting commissions that I had earned from Affiliate Marketing.

Before I came across Bitcoin Bully, the only thing I had heard about Bitcoin was the Silk Road website built by Ross Ulbricht who was eventually arrested. So my association of Bitcoin was with criminal activity. Silly because people have used Fiat Money for criminal activities long before digital currency.

Crypto does not play a role in our household budget at the moment. I am building and holding for the future. My husband is retired and we live pretty well off of his retirement income. I feel very fortunate and grateful for that.
The cost of living here in Southeastern, Wisconsin is pretty reasonable and because we don't go out very often that helps too.

Crypto represents to me a chance for people all over the world to live better lives. The communities that are being built around Hive and CTP, etc. are pretty amazing. It is not all just about the money but people working together to help lift up others around them so they can build a living and support themselves and their families. So, community, self reliance, and autonomy are words that come to mind when I think of Crypto now.

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Crypto represents to me a chance for people all over the world to live better lives.

I really liked this sentence. I honestly started out to earn money online. When I discovered steem and later hive, the money part lost it's importance and I started to appreciate the community, the exchange and the possibility to build stuff. It became gradualy the place where I could let my creativty develop.

When I was working with faucets I had a dilema. The time that I was using was solely to earn mony and I wasn't doing anything useful. That has changed dramaticaly now which I find very positive.

Thanks a lot for sharing your crypto journey.

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Good Morning, Achim! You're welcome and Thank you very much for the ENGAGE tokens! It gets boring and pointless just endlessly pushing those buttons to make a little bit of money at a time. Enjoy your Friday and weekend.😀



Made in Canva

@lisamgentile1961
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Klammlose, never heard of that...

I am in crypto since 2017-18 so I burned my fingers in the first big craze and since then my cryptos have been lying around. I used some faucet sites like coinpot and freebitcoin and bitcoin aliens.

So after the first crypto craze I was really not into crypto at all but I hung onto my Eth, unfortunately I spent my BTC on empire market to buy some exotic flowers (khm). When I look back at that transaction from a year ago I have to puke, its kind of a I spent my BTC for pizza story. Basically I spent about 2k (in todays price) on empire market and had another 2k sitting there when they suddenly disappeared with my BTC...

I started looking into passive and semi passive income streams around Oktober last year and thats mainly because I started a new job where I can actually think about investing and saving up money. Before that I really lived on a day to day basis. So I started several things in the crypto world. I opened an account at bitpanda where I have a savings plan for ADA, BEST(own ecosystem token of Bitpanda) and the BCI25. BCI25 is an index fund for the 25 top cryptos automatically rebalanced once a month. If anyone needs an invite to get a 10€ bonus just hit me up on Liotes discord! (Don´t want to spam my referral links here)

But yes thats another thing I did. I started creating affiliate and referral links to everything I use on the internet. After that I was looking for ways to promote these links, and thats how I found publish0x and somehow hive.

IDK who referred me but I want to say thanks!
Publish0x is a nice way to earn some drips of crypto. The best thing is that after publishing your article it is there for anyone to find and click on it, I don´t make a lot of money there but I had a decent amount of signups to my links. What I also like about it that there is no time limit how long your articles can make crypto its just there so after publishing it gets to be a passive income. When I first came to hive I was overwhelmed by the possibilities, so much to learn and so many friendly people all very helpful. When I heard about the Liotes project I thought this is the opportunity to be part of something right from the start. So I went to binance and loaded up over a 1000 hive and bought myself some LENM tokens. And ever since I used my post payouts to just load up more on this project. I loaded up on hive yesterday again just to see that the price went down more so I loaded up today once more :) (I really do not like it when I buy the dip and it dips further)
To me crypto is an investment and investments tend to be long term in my mind. I don´t like the thought of chasing this 1 coin that gives you a 1000 fold return. Of course it would be nice to just retire tomorrow and only concentrate on the nice things, but I am totally happy when by the time I retire, thats still about 25 years, I will be able to not think about money and just live off what I have.
I wanted to keep my crypto investments small in comparison to all the other investments I have since the volatility and the risks are high. Due to the rising prices of crypto this plan got a little shaken since
I only invested 20 % of my savings into crypto it now makes about 70% of my portfolio. We will see where the train goes and if it stops somewhere. To me hive is absolutely the way to go! Especially when we all focus our efforts to onboard new users and users that actually make use of the platform and dapps. So far I have onboarded 12 accounts in 6 weeks and I will try to fill up the 100 referrals badge by the end of the year.
As soon as HIVE moves into the space where people talk about it and want to get involved this machine will go to the moon!
You can see it on NFT showroom where at the time I registered there was about 600 artists. Today there is more than 900! (I onboarded 4 new users there and one actually started minting so I get the 5%of minting costs)This is my second second income stream on hive. I have a nice gallery and I did not update prices after the dip so everything should be very cheap today. Go shopping!
To me crypto started as a magic lottery ticket to riches I can not even imagine, and now it is one of my investment forms where I also can make a passive income. For me writing is something I always liked and this is the perfect platform for that. I am really very very thankful to whoever onboarded me. Is there a way to see who did that?
Long post
cheers
!invest_vote

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Thanks a lot for this amazing comment!

As soon as HIVE moves into the space where people talk about it and want to get involved this machine will go to the moon!

I tend to look at a lot of things and I enjoy going on discovery journeys on the internet. Trying to figure the nices projects out there. Since I joined hive, I haven't found anything that comes close to it. In my opinion this is the perfect place for newcomers to find a community and to write about their passion. As you said, once people start to discover it's potential...

Fun fact. I actually learned about hive (steem at a time) from a book that I was looking through in a book store :-)

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Fun fact. I actually learned about hive (steem at a time) from a book that I was looking through in a book store :-)
That must be a hell of a book

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I think the title of the book was "Blockchain für Dummies" LOL

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That was a very cool story! Bumps and everything, that's what makes us grow and improve to be better today! Proud and happy to know you more :)

My experience with Crypto has pretty much the same age as I started here on the blockchain, that time Steem and now Hive.
Thanks to the training provided by @clicktrackprofit and learning the tokenomics here with Hive and Hive Engine tokens I got to understand more about crypto and start to invest a little bit in some outside/traditional crypto like BTC, ETH, and LTC.

My knowledge about Crypto in the past was considering Bitcoin like any other type of stock market or something that I was either afraid to get into or no money to invest in...

I know a thing or two about trading because I did Sports Trading when Betfair was allowed in my country and trading software was open source. Learned to do trading in Soccer and US Horse Racing (UK Horse Racing had a lot more money volume but too risky and a lot of movements for me lol) and thanks to that I made enough money to finish paying my last billing of the Spa Therapy course that was doing at the time! Then the government thought that we were doing too much money with it and closed it until today. Betfair was the only website that you could do the normal betting and do cashback/bet against during a game comparing to the other sports betting programs. Now only a few betting programs are up in the country but just normal betting and pray for a win until the end of the game lol

Even though the different types of trading but the very basics are a bit the same. Buy low and try to sell as high as possible. In Sports, the trading is in game/live - short term - and our "token trading" here is more hodling but one day selling high - long term.

Still have a lot to learn but I also love this community driven tokenomics and having support from everyone! I just wish I could contribute more to everyone but I'll do my best with what I have :)

It's cool to read different stories, thank you so much for these awesome missions!

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Thanks a lot for this great comment Eliana!

It's very interesting to see this past in sports betting. This is one thing I have never tried. Probably because trading stresses me too much :-). You are quite right. It has a lot of similarities with market trading. It's also a lot about human psychology I believe, trying to read and anticipate other people's behaviour.

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(Edited)

That's why I got better results at horse racing than soccer! With soccer, I tend to go with emotion for certain clubs and I don't know much about the horses besides their stats from past races lol
I was unemployed at that time so had to work with little money and have a lot of bankroll management. When I got to a certain amount of money I would add a bit more on the betting value and grow little by little.

Total Março.jpg

This was my best month just on horses - March 2012, time flies...and I think it was a few months later that Betfair went down...

Sometimes I miss it but I'm happy to be in this new adventure now :)

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That's quite a nice income there! I think I would stress too much betting on sports:-)

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I didn't know that you were doing sports betting :) I have tried very shortly that, but as it is gambling, I quit... But, I was a big fan of arbitrage betting... Winning in any possible final result was my best game... lol... No luck involved... :)

I was using 5-6 sports betting websites at the same time, and arbitrage bets between the platforms... Yes, earnings weren't that big, but they were stable... If my time wins, I get paid, if they lose, I get paid... win-win :)

I think that that was why I like HIVE, and now, this project that we have started with Achim... Everyone wins! No better thing to see than that!

Thanks for sharing your story!

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It is gambling but with trading, you could go to other types of betting like for example in a game where there are two big teams playing and normally there are a lot of goals during those games, you could bet on +2,5 goals (why the half goal I don't know but the goals betting were normally like this lol), add an order on the "lowest ask" odd and then as you watch the game, once the first goal as in it spikes to a profit as the odd gets small for more probability that a second goal would appear. You could either gamble and leave the bet believing and from you know from the two teams you will win the bet, or play safe and close/cashback the bet and get the profit. Only Betfair had the buy and sell orders feature, if that makes sense, comparing to the normal betting programs.
And that needs some teams stats studying and avoiding some games where my team was playing, trading needs more mind and less emotion lol

Glad that I still remember some things thanks for the mission 😋

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This will be a fun one ;)

I discovered crypto in 2013 - you couldn't keep me off the faucets - all damn day with the captchas LOL

I mined some BTC on an old 32 bit windows 2008 server LOL.

My primary crypto income would have to be hive/leofinance.

I'm unbanked and waiting for disability - so my daily hive/leo earnings just keep building and building , can't spend it if you can't cash out.

We're just waiting for the day when we just go shopping and pay bills with this crazy crypto.

I have some set aside for the great great great grandkids

$xrp
Escrow Finish
in 112 years
2132-06-25


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I was the same with the faucets. Free money just there to take lol :-).

I'm unbanked and waiting for disability - so my daily hive/leo earnings just keep building and building , can't spend it if you can't cash out.

Some people here on hive have debit cards linked to their crypto accounts on binance or wirepay. It's a way to pay groceries with crypto. I don't whether that would be available for you?

Thanks for sharing!

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I'll begin with an apology for the length of this entry. I just felt in was necessary to have the history in order to understand where I am now.

My story starts over 30 years ago. Not too long after I got married in 1987, I started looking for ways to become unemployable. I began with Network Marketing, but I was never really good at recruiting, so after several years working with multiple different companies, I decided that I was tired of throwing my money away. Then I took my hunt online. I found a couple of multi-level programs I though looked good and began marketing through Traffic Exchanges and Viral Mailers. Even though I didn't have to personally cold call people, I still was unsuccessful at recruiting, so, once again, I dropped the multi-level programs, but I continued with marketing my TEs and Mailers and got involved with downline builders. Once again, after working with this system a bit, I could not find interested people to recruit (are you starting to see a pattern here?). At that point, I vowed never to get involved with another company that required I build a downline in order to make money.

About that time, I decided to switch gears and try to make a business out of something I loved to do. That is when I started looking into building a Family History business. My vision was to take a predeminately data driven industry (genealogy - names, dates, and places) and focus on the stories behind the data. I had started collecting stories from my grandparents as a hobby before I ever got married. And while I enjoyed the genealogical research, I enjoyed the stories even more. So when my patience ran out on finding a business, I thought, just maybe, I could create one that would not seem like work to me. That was about 10 years ago. Since then I have been working on formulating a business plan, finding my niche, and defining my ideal customer. I have been studying things like how to build a membership community and marketing on the Internet. All the while, I have been looking at various ways to take advantage of the Family History industry. I even went so far as to get a degree in Video Production so that I could produce top quality, documentary style family history videos.

All this time, I have been working in the Information Technology area in various capacities. Then I went through a series of events and found myself out of work (through no fault of my own). That is when I went to get my Video Production degree. Once I had receive my diploma, I needed to make a living while I was working on creating my business, so I started working for a corporate Audio/Visual company that produced large conventions. But, as you can imagine, when the pandemic hit, our business dried up completely. That is when I came back to the Internet to see if I could find a way to make money from home.

This is also when I first got involved with crypto. I know I didn't want to do anything that had to do with recruiting, so I started out with faucets and started using traffic exchanges again to promote them. But after a couple of month of earning pennies, I decided that was not going to provide the kind of money I was looking for. When I had been involved in traffic exchanges before, I had joined a few programs that were still being promoted on the traffic exchanges these several years later, so I began checking to see if any of my accounts were still there. One of these companies was Click Track Profit. My account still worked, but I later found out that the ownership had realigned and they had taken a new direction...into crypto.

Since I had started collecting a bit of crypto in my faucets, this intrigued me, so I dove in deeper. This is where I was introduced to the HIVE blockchain and all that entails. Since then, my plan for my Family History business is starting to come together on HIVE, as well. I have also gotten involved in the whole blockchain gaming scene and building/curating content around that. My other crypto focus is investing the crypto I have earned in dividend-bearing tokens to multiply my income exponentially.

For now, my crypto income is not a part of my daily budget. This is strickly my retirement plan. Through all of my job changes and periods of unemployment, I have had to deplete my 401k several times. At my current age, I will not be able to build up enough to live comfortably after I quit working. So, for me, this is my freedom. I will work until it can supports me, so the faster I build it, the sooner I can retire.

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Garrey, you definitely have a future in the "story-telling business" :) I like the way you wrote this comment and your content in general... I had similar tryouts in the "network marketing" niche, even with Amway and MLM programs before the Internet boom, and like you, I didn't have that persistence in recruiting people... I could teach people about something, explaining stuff, but somehow, I have always failed on the "sales part" of the job...

Maybe that's why I like HIVE the most... As we don't have to sell anything, just present the awesome platform, and the rest is on "them"... If someone joins, great... If not, no problems as I don't depend on that 1 person... I will just continue my journey where I will find other people to engage, motivate and grow together...

Thanks for sharing your story!

!ENGAGE 10

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Thank you for your encouragement. I agree that it is much easier to deal with other people by offering to help them and then leaving it up to them. One of the big sayings in the Amway circles was, "Some will, some won't, so what". We can only do what we can do and it is silly to lose sleep over trying to convice someone else to do what is good for them. I think that is part of the problem. We try to "sell" to people rather than just help them out.

I think what I like most about HIVE is that by helping others, we help ourselves. It's a whole lot more fun doing good for others. As you said, it's about growing together.

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Thanks a lot for sharing your story! I really liked to read it. I agree with @ph1102, you have quite some talent for story telling :-)

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Thank you. You set the standard in your video. 😁

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When did you start with crypto?

Reeeally early. I was heavily into Bitcoin by the end of 2009... but then pretty much stopped paying entirely by the end of the following year, and it's only this spring that I've been taking a look back at the technology.

What are your primary income sources in the cryptoworld?

Staking into liquidity pools, probably, is the highest % of my crypto income, but I'm most interested in Hive and projects like it.

What does your income from crypto represent for you in terms of your daily budget?

Right now, my bills are really low, because I'm in a community that practices mutual aid, so crypto is able to cover my bills.

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so crypto is able to cover my bills.

I think that crypto can play a growing role in our daily income structure. It's nice to see that you can pay your bills with it!

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Reeeally early. I was heavily into Bitcoin by the end of 2009

WOW! I think that you are the first person that I know that was involved in crypto before 2010.. It's a pity that you didn't build from there, but I had a similar story... being there, leaving for 2-3 years, coming back...

The important thing is that we are here NOW, and we are not leaving! :)

Thanks for sharing your story!

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Nice post :)

I would like to say I'm relatively new to crypto, but this would be an incomplete answer: I start crypto in 2014, by mining Dogecoin, mostly for fun. Then, some change in my personal life led me to stop mining Dogecoin, and kept me away from the crypto field for about 7 years, until 2 months ago, when I read an article saying Dogecoin was increasing.

I started looking at what was crypto now from this time, basically I'm learning from scratch :) (and having regret to not have follow what was going on after 2014, but well, I was quite busy).

I don't have any "primary" income source in the cryptoworld, I am diversifying my assets, and still learning. As @horstman5, I join Liotes following an article by @khazrakh (I actually came to Hive following an article by @khazrakh).

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Thank you very much for your comment. It seems that @khazrakh is doing a great job bringing new people to Hive and Liotes :-).

Dogecoin is one of my favourite coins. I love it to send value from one exchange to the other. It's very cheap and quick.

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Happy to have you here with us - both Hive/Leo and the Liotes community are great places to be :D

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Thanks for sharing your story with us!

Then, some change in my personal life led me to stop mining Dogecoin, and kept me away from the crypto field for about 7 years, until 2 months ago, when I read an article saying Dogecoin was increasing.

I hope that you didn't sell all Dogecoin back then? Check out your old wallets... :) I did that with LEO... Have 3.4K LEO in another account that I have forgotten... Checked after 7-8 months and it was a pleasant surprise :) :)

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I still have them :p
I didn't mine a lot at this time, but I got some nice amount, I use a part to buy some Hive :)

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When did you start with crypto?

I learned about crypto fairly early in 2011 or 2012. One of my roommates wanted us to chip in for a graphics card to mine BTC which was around $15. I never did get any BTC from this encounter and left it alone as the amount wasn't anything to fret over. Though looking at current prices, it might of been a lot.

In about 2013 or 2014, I bought some BTC and spent it in a game as it helped them pay off server costs and it gave me some permanent things in the game. I stopped playing the game shortly after so I guess it was the most expensive thing in a game I paid for looking at current prices. I currently have some crypto like BTC that I plan to HODL and haven't really been back in the crypto space until last year.

What are your primary income sources in the cryptoworld?

Currently I am most active in HIVE where I am posting, commenting and curating. Also there are games like Rising Star and Splinterlands to earn some crypto. I have also invested in a few passive income tokens like LBI, INDEX and DHEDGE (fairly small positions right now). I am also playing Alien Worlds and Kolobok on the Wax Blockchain so I am getting both TLM and Aether.

What does your income from crypto represent for you in terms of your daily budget?

It doesn't represent much as I live in the California where prices are huge. I don't even think what I earn in a month covers the money I spend in a month. I am not taking any money out of the system and plan to compound it so I have even bigger returns. Hopefully I can be financially independent and live just based on my HIVE earnings.

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I don't even think what I earn in a month covers the money I spend in a month

I know this feeling very well. For a long time I had the feeling that I was loosing my time and my money with my online activity. However, the more your grow your stakes the more the picture starts to change. It takes time and effort but then the thing starts to take speed :-)

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(Edited)

One more interesting mission. It's enjoyable to read comments on these types of missions.

I first discovered cryptoworld in 2016. Until then, I was earning passive income from content-based advertising and affiliate marketing. I looked around for alternatives. At that time, I came across Steem purely by chance. Crypto was a good alternative to my sources of income. And walking a non-traditional path was exiting for me.

I started trying out different methods such as trading, staking, affiliates, hodling... I came to the conclusion that day trading was not for me. I usually buy cryptocurrencies and hold or stake them. Crypto market rebounded as well. I personally believe in long term investment.

There are many passive income options on Hive. Some projects are very attractive. I am very optimistic about Liotes and its future. Liotes will undoubtedly be successful.

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(Edited)

Thanks a lot for sharing your crypto journey with us! I also prefer the buy and hold strategy. Day trading is to emotionally draining for me :-)

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I started trying out different methods such as trading, staking, affiliates, hodling... I came to the conclusion that day trading was not for me.

I got the same conclusion for myself about trading... Tried more than 2 times, and every time I was stressing too much about it... Not worth my health, definitely...

There are many passive income options on Hive. Some projects are very attractive. I am very optimistic about Liotes and its future. Liotes will undoubtedly be successful.

Thank you so much for your optimistic views about our project! We hope that we will be here for a loooong time :)

Thanks for sharing your story!

!ENGAGE 10

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There are really good projects coming out that can contribute to the functioning and progress of cryptocurrencies and blockchain. But most of these projects strangely turn into investment vehicles.

I'm uncomfortable with this situation because the project, not the investment tool, can be much more beneficial.

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I think it has to do with the fashion of the day which is to get the highest APR. Without a high APR people are less willing to contribute into a project and then the project tends to lack funds to develop. That is how I explain this phenomen to myself.

Thanks for stopping by!

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Yes!
Everyone thinks about themselves as they should be. Then the project owners should act in a way that does not have a shortage of funds.
Thanks for your answer.

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Maybe a little late on this one, but was working on my own article :D

Let's see, I'm pretty sure I heard about Bitcoin in 2017, but thought it was more of a fad. I got more involved in 2019, when Master Nodes and ICO's were more the craze :P FOMO'd into a project, at what turned out to be it's highest point, and then sold off at a loss as it started to crater. This being my one fiat investment.

Since then, I arbitraged what I had left into owning a Master Node in a project that's actually somewhat viable, as well as small amounts of a whole bunch of staking coins.. but, that's not really super profitable.

I'd been watching the Vosk Coin channel on You Tube when I got more into crypto, which was a small crypto mining video blog essentially. I had wanted to set-up a mining rig for a while, and I managed to get permission from my wife to set up a small GPU rig in early 2020. With Eth going crazy, that is now my biggest source of crypto income. Though, I am thinking of selling it off while graphics cards are still rare and Eth 2.0 isn't out yet.

I like the concept of crypto currency, but a lot of projects have poor fundamentals. With all of the computational work being put into things like Bitcoin, it kind of feels like a waste.. I mean, it seems like it could be put to better use, like the Folding At Home project.

I do also really like the way Hive runs, with no real gas fees costing you tons of money to do anything on their network and encouraging people to get involved in content creation. It's late here, so I'm probably rambling a bit :D But, wanted to try to get in a reply before I fell another day behind on this!

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Thanks a lot for your comment, which is still in time ;-). Zoltan is actually also mining ETH and with the current prices I think it isn't a bad income source at the moment!

I never went into mining but burnt my fingers with cloud mining scams.

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Enjoyed listening to your journey in the cypto world. As for me, I got serious when CTP relaunched in 2019 where I purchased and earned some CTP tokens through blogging on CTPTalk. I do find it difficult to follow everything in the telegram rooms due to the large daily interaction these type of groups have.

I've since also dove into some other different crypto coins like TRX, AISMI, WAVE, LTC, etc. I've seen the value of these coins go up and down and said I wish I would have left it just a few more days, I could have gotten more money. I've since learned that you need to look at this as a long term investment or passive income. Because of my age, long term has gone right by me.

One think I realized recently is what would happened to all this if something happens to me. So I have created a document that list all the necessary information needed to access to my wallets, accounts etc., I list the URL or app that I use, userids and passwords and most importantly, all the keys, codes, and 12 word phrases. This brought a lot of ease to me and took away some stress. I wonder how many people of thought about this.

I'm still learning everyday and take at least an hour daily to update or educate myself. In my reading today, I found this project and went through all the post I found in the right column starting with the oldest post.

Since I've retired, I have dove into internet marketing and mostly into viral mailers and traffic exchange. I've recently diverse into services for viral mailers and traffic exchanges by segregating features within these programs and offering them as services to non-members. For example, a person can purchase a login spotlight to 20+ sites from one of my services without having to be a member of each site.

I continue my journey into the crypto world as I find it fascinating and fun.

Michael Camire

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Thanks a lot for sharing your crypto story! What you point out about what if something happen to us is something that I have been thinking a lot lately. I wrote everything down as well but I realised that nobody in my family understood enough to actually know what to do. So this is still a problem in my eyes that I don't really know how to deal with.

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99 comments. Love it

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Quite some interaction here ;-). Thanks a lot for stopping by!

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Hi @liotes, well, to tell you my story. I got my first BTCs quite a few years ago, I think 2013/2014?, as payment for something and I didn't pay any attention to it for a few months until I noticed somewhere that the price had gone up. I had seven of them and when I looked at the price it was, if I remember correctly, something like €300. Huh, I had €21K. I watched for a while and then sold 6.5 BTC for fiat. I bought something I had always wanted. And then I forgot crypto :)

I followed it, but not that much. And in 2016, in the summer, I came across Steem. And now I'm here. :)
I still have that half BTC and some Hive. But I invest in funds of different crypto projects on Iconomi. That's the ref.link if anyone is interested.
Liotes seems to be one such story I've heard many times before. But there is something different about it.In the current system, it tries to maximize all the capacity of the crypto world into some stable growth and for something like that, a community is needed. Without the community, it is not possible. We will see how it works out.

btw: Haha, after listening to the video I have to say that I also dealt with Google AdSense there between 2004-2007, and when I started getting $1500 a month Google banned me. I had 80 domains where I grouped videos from different video hosts on keywords. And Adsense in between.

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It seems a lot of us have a past with Adsense, till adsense kicked us out lol. Thanks a lot for sharing your crypto journey!

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Wow, these are great questions, guys! While everyone’s life journey is unique, it’s amazing to see how many similarities we all share as well. It reminds us of how we are truly connected…

Forgive me for being late to the game, but still wanted to participate!

Onto the questions ;) If you had told me I would be singing the praises of crypto 5 years ago, I would’ve laughed you out of the room. While I never had anything against it, I really didn’t understand it or realize what significance it would truly have.

I started out in stock market trading in 2017 after an ex-boyfriend showed me how he traded online & listened to this awesome show, Day Trading Radio. I quickly became involved in the trading world, made a lot of great trader friends & even went to a few conventions in NYC. During this time, crypto wasn’t even on my radar.

I was doing the video content creation (that you see here on HIVE) on the side with my YouTube channel, but over time, I realized I really wasn’t making any traction. I was becoming more disillusioned & was truly about to scrap everything. When I wandered into one of @jongolson’s Facebook webinars one night, he convinced me to try Steem & once I came on to the blockchain, I was hooked.

Fast forward a few years later, I became fully invested in Steem - now HIVE & cannot be any happier. It also sparked interest in other cryptos I hodl for a rainy day - BTC, LTC, ETH, BAT & a few others. I am a true believer in it now.

While the USD is still my primary income resources (because face it, I need to pay my bills), I am noticing with HIVE, it is growing more & more to the point I can pay a couple of utility bills or even a month’s rent. After daily diligence, the use case is coming to life. That is pretty exciting stuff.

Playing games for crypto still blows my mind as well - I am growing in Splinterlands, not just in playing the game itself, but also thriving in my video content creation. Getting upvoted for it is almost like a double stream of income in a sense! Now, all of this is starting to give birth to a new brand, Pixie Power Gaming, which will take a life of its own in the next coming months… ;)

Liotes is also another project I am truly invested in for the long haul. I am excited to see things grow & how everyone will win here. :)

In the present moment, I can now say crypto is a major part of my life. Aside from the monetary value of HIVE & all other cryptos, it also symbolizes freedom of speech, no censorship & living my authentic truth. This is where I belong - I know my life mission now. I can create wealth while helping others to empower themselves. It really doesn’t get better than that! 🧡✨🧚🏼‍♀️

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I can create wealth while helping others to empower themselves. It really doesn’t get better than that!

I think you pointed out something that really is important. When I'm on hive I always have the feeling that it is a win-win circle. I enjoy myself, earn something and let other people profit from my content (if they want) and from the curation rewards. I kind of see it as a new type of economy where the ones that are cooperating are successful. We are not in competition, we are in this together and together we grow :-)

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Exactly!! It really truly is a win-win. As long as everyone does their part, we really have a beautiful set up with HIVE and even Liotes. No one loses & I really like that aspect. :)

Who says we can't have our cake & eat it, too! ;)

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came into crypto via steem in 2016. it was my first source of earning crypto but right now i earn from blogging, farming, staking and trading. it's not been very easy maintain consistency on hive but i do my best

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Thanks a lot for stopping by and presenting your crypto journey!

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My introduction to crypto began in Aug 2017 when I got sucked into one of those "the greatest thing since sliced bread" emails promoting a webinar on crypto. I got hooked on the "invest amounts that won't ruin you with the potential to make life-changing gains." Steem was one of the cryptos being recommended along with about 20 other ones including bitcoin and ethereum obviously. I started putting money in and watched my account more than 10x in about 3 months. Then I rode it all the way back down to where I started. But I was still a believer in bitcoin. The rest I didn't know about. I was only active on Steem for a few months and then when the whole flag wars thing started I quit participating. But I didn't sell anything.

This last fall when things really started heating up again with bitcoin, I started paying attention again. Michael Saylor's interviews are what really fired me back up. I started doing some research and got some UNI at $3 as well as a few other things and I was off to the races.

Because I left before the fork, I had no idea what Hive even was. I actually thought Steem was the "real" blockchain. I had one friend from the original Steem days that I still had a connection with so I finally asked him what the deal was. He filled me in and recommended I check out LeoFinance when I got back on. I was immediately hooked and I've been trying to stuff my bags full of Hive, Leo, Cub, and more ever since.

I don't make any "income" per se here because I never sell. lol I just keep adding. I firmly believe that this whole ecosphere is going to 100x at a minimum over the next 5 years so I feel like every dollar I get in is another $100 in my account in the future.

Ultimately, I hope to never sell. I'll just move some things around and hopefully live off the interest. I've got a long way to go but we're still very early in the game. I'm planning on LEN and LENM to be a part of that future.

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I'll just move some things around and hopefully live off the interest

This is very similar to my own strategy. When you accumulate tokens that in turn generate revenue, this is getting interesting. I try to build several incomes sources that have a similar pattern.

Thanks a lot for sharing your crypto story!

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I'm still a beginner on crypto but I already see how it could really reshape my whole life and the way I see the world.

Of course, there is the money aspect, which is a great thing and potentially a promise of freedom from the old 9-5 routine but I believe there is much more to it. Eventually, we will be able to build a lot of stuff based on the concepts that crypto and blockchain bring to the table, such as tokenization and decentralization.

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Once you are imerging in the crypto world, you see step by step the potential that lies in this technology. I think we are in for a fun ride in the months and years to come!

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