Crypto net worth update

drutter - 2024-02-20 08:24:06

A while back I posted about "crypto net worth" - one's total investment in the crypto sphere, expressed in a fiat currency like USD. I'm now all in on BLURT, awaiting the coming expected bull market. Seems like a good time to do an update on my crypto net worth!

First, what have I got?

I'm less diversified now than I've been for a while. After starting to fiddle around with cryptos a few years ago, having watched closely since 2011, I had some STEEM, HIVE, ADA (Cardano), LBC, and a few other random things like BAT (tokens for allowing ads in the Brave web browser).

Some of those have essentially slipped through my fingers for various reasons.

For example, I did accumulate a little Bitcoin, but it was held on the Flote platform, which disappeared and kept my BTC. I've tried emailing the former administrators but they didn't reply. I don't believe there's any way I can get anything for, or do anything with, my BAT tokens. The LBRY coins fell by 99.98% after the SEC accused LBRY (Odysee) of financial shenanigans, and Odysee moved away from being a crypto platform. As for my Cardano, the ADA wallet stopped supporting my version of Windows, so for a while I wasn't able to access it. Now that I'm able to again, it seems the wallet is empty. Not sure what happened with that. It's a good thing I didn't have too many of them, but it's sad to lose them, because ADA is one of the cryptos I picked that has actually done fairly well. There are also some tokens I received, earned, or purchased… and later forgot about them, or lost the key, and no longer have access to.

As for the STEEM and the HIVE, they were all converted to BLURT in my mad dash for a million by January 1st.

That's why I say I'm all in on BLURT. Unfortunately, it hasn't (yet) been a winner for me. Right now my 1,025,000 BLURT are worth right around $3000 USD.

"Arrrrrg! But they're magic beans!!"

… I'm just waiting on them to sprout. I remain eternally hopeful.

Until then, I've got about three grand to show for my past 11 years of full-time content creation. Not exactly a lucrative line of work! What's worse is I'm actually down since the last time I calculated, which was over 3 years ago. At that point, I had a fairly-well-diversified portfolio worth $4000. Today, I've got a million BLURT worth $3000.

To be fair, I do also have a little Litecoin (1.6) and Shina Inu (8 million), currently worth a combined total of $200.

So my crypto net worth is $3200. (Since I don't have a bank account or smart device, or much technical savvy, I don't even know if I have access to it! But in theory, my tokens are worth that dollar value.)

My Hope (Dream?)

Here's what I'd like to see happen next.

1) the crypto bull market really gets underway, with Bitcoin moving to new all-time highs, and then a big spike to about $150,000 USD next year
2) other good cryptos make even bigger proportional gains
3) BLURT to new all-time high of 0.2 USD

I see these steps as fairly likely, and posted about it recently here and here.

That will put my crypto net worth well over $200k. Won't that be nice? I can finally pay down some debt, and then do some things I've been wanting to do for years but couldn't afford. I'll have more options with my kids as they grow. I'll have the money to get the medical care I need. I could even travel.

$200k isn't a big investment for a lot of people. Many own houses worth several times that amount. But for me, a humble activist and content creator, that's a lot. I'm resourceful and can stretch a dollar far, so $200k would go a long ways (even after paying off major debt).