Degrees of separation

I don't really talk a great deal about crypto on here. I think there are far better, more experienced people in the space already doing that – and also – I have to admit – I don't always fully 'get' it. I don't always fully understand the purpose and value of a coin.

I just wanted to buy some invisible magic internet beans, leave them to grow, and come back when they'd become a very real money tree so tall that planes had to navigate around it.

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Until I joined Coil, and tried to do something to actively participate in the Internet of Value, I was the very definition of a retail investor. I'd watched Bitcoin take off in 2017 in a huge way, after being aware of it in 2012, and totally pass me by. I wasn't going to let that happen again.

I don't know why, but XRP called to me in a way that Bitcoin, Ethereum and Litecoin never did. I never had much time, or resources to invest further – so a little went to KIN(!), and some to CasinoCoin(!) – both looking worlds away from making any serious return – but otherwise I was totally sold on XRP. An XRP maxi (but without crapping on other people's crypto choices). This is not a zero sum game.

I bought all of Ripple's patter – we're working with regulators and banks blah blah blah. And it made sense to me that if you want to make changes to a financial system and its processes etc – you do that from within.

To effect change, you bring people with you. You do it in partnership with them. You don't do change to them.

So, a cryptocurrency that banks will use – that's going to make good money, right?

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Like I said, time and resources are precious – and crypto Twitter isn't always the most helpful of shortcuts.

While some people throw shade on each other's coin of choice, and pimp their own, others smugly screenshot the gains from the latest pump they've latched onto.

If you haven't bought into $RKD, are you even in crypto? This is the last time you'll see it under $15. I bought
88, 268, 523 at $12. I'm well on my way to financial freedom!

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It's impossible to keep track of all the projects, white papers, chart movements and daily news headlines, but it is easy to buy into the general gist of your Twitter timeline, that everyone is making money except you. Everyone was smarter than you, made the right choices at the right time and it's working out just great.

I don't know enough to be a trader – I might as well be betting on red or black.

I also fear that the instant I convert XRP to something else is the moment the SEC lawsuit is settled and I'm left banging on the rocketship door, my face melting in the take-off, and I miss my opportunity again.

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I am happy to HODL my XRP. If it makes money, fantastic! If it goes to zero, I get to dream a little less about what I could do with it, but my family won't be out on the street. I refuse (for now at least) to be parted from it! I still truly believe it has an excellent future ahead of it, bringing true value and utility to the world.

It feels like a noble choice – as much for the technology as for the retail investment opportunity I believe it brings.

As tied as I am to it – I felt like I could put it to better use than let it sit in a wallet, looking longingly at all of these other high-performing cryptos. So let me tell you what I did with it, and maybe if you feel like me, it'll help you too.

Celsius

Late to the party as usual -I was seeing an increased amount of talk of Celsius Wallet on my Twitter timeline. So I investigated further, and saw it had a nice feature that really caught my eye.

It's a regular kind of wallet app, that you can add all kinds of different crypto into.

Celsius seem incredibly transparent about how they operate, and give back 80% of their revenue to Celsians by way of weekly interest payments.

Instinct in this space is to shout SCAM at anything that looks of benefit. I haven't done lots of research admittedly, but from what I've seen and the people who are behind it etc – it looks a decent bet to me until there are more opportunities to use XRP in different ways.

So you can add BTC, XRP, ETH – whatever – into the wallet, leave it for a week, and then at some time on a Monday, you'll see the interest appear. You can have it paid in kind, in the coin itself – or you can get greater interest paid back in the app's native coin – CEL.

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If you haven't heard of CEL or looked at it closely, I'd urge you to look at its performance over the last 12 months. It's really pulled up some trees. Coupled with a compound interest avalanche, it could really put your crypto to good use and help you to earn passive income.

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Until you learn how to make money while you sleep, you'll work until you die – this rings loud in my ears on a regular basis.

The more CEL you have, the higher interest rates you can unlock. Or you can take out loans against your crypto and the more CEL you have, you can unlock lower interest rates.

It's simple to use – apps like this will really help mass adoption of cryptocurrency.

And if you add $200 of crypto to the app and use my referral code – we both get $20 of BTC. Everyone's a winner!

Seriously – if you appreciate any of the work I've done on this blog or elsewhere, this would be a terrific way to show it!

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You can download the app to try it out here:

https://celsiusnetwork.app.link/11286393f9

There are some good people to follow on Twitter – here's a few for starters:

Alex Mashinsky

Spyros

Plan C

Jeff's C

Celsius Cultist

Bull Run Blackmore

Rhyse Hardy

and some screenshots from my personal version of the app so you can see what I've earned recently while I've been trying to diversify and wring more value out of my XRP, without actually converting it or cashing it in.

I'm excited about what I've earned in the first month of using it, and I can definitely see the potential for how the compound interest will help me to earn more as I go. I can't wait to reflect on where I'm up to in a year's time – particularly if XRP finds its feet in the meantime.

Usual disclaimers here folks – not financial advice, do your own research etc. I'm not saying definitely do this – I'm saying take a look and see if it works for you. If it does, remember who sent ya – let's make some money together while we're waiting for XRP to find its true price!

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