We are off to a new month (it is actually almost over) and it is time for my February update to the progress I am making with MyConstant. There are always a few changes that the site makes to the platform and this month is no exception.
A couple small changes to the platform, we see that the Flex account is still around but there is not really a Flex tab. The name has also changed to reflect more accurately what the account does and can do. It is now called “instant access” and it is really the same thing as the Flex, any money you have in the platform is earning the 4% APR compounded every second. I just had a couple thousand dollars worth of loans mature and since I did not have the auto reinvest button turned on the money went back to my flex and I can really see the balance moving.
I am moving this month which as you probably know is one of the worst things we have to do and always costs us more than we think it will. This is why I am keeping a couple thousand out of the lending pool until I know how much this is going to cost me. On the bright side, every time I move I look at it as a chance to learn a new place and an opportunity to lighten my load. I see stuff that I am pretty sure I have not used since the last move which I am either selling or donating.
One thing that has not changed is the excellent return I feel I am getting on my Bitcoin. I am hodling for when Bitcoin hits $100k or more a coin. So, right now I am just racking up some interest on something I am saving anyhow. I actually did get a little monthly earnings report from MyConstant and just for having my (small) Bitcoin balance sitting in the platform I made almost $17 in Bitcoin interest.
I have about $800 invested in Bitcoin that has gone up in value to around $2,800 worth of Bitcoin and I earned 0.00046942 satoshi which is around $17. Now the really cool thing is that they pay me interest in more Bitcoin so when the value spikes that “free money” becomes worth even more. Free money is one of my favorite things and I will keep on earning more crypto with MyConstant since this is really a passive income stream that I believe will really pay off in the near future.
You can also see I was curious about the PRV token and I did switch my earning from the 8% BTC rate to the 11% PRV reward just for a couple of days so I could say I have some PRV. As you can see in just a couple days of earning I snagged 0.86502870 PRV. I still do not know what I will use the PRV token for so I am planning to keep my interest earning in Bitcoin.
Speaking of Bitcoin as I write this article (mid Feb) Bitcoin has hit yet another all time high and broke through the 50K mark. This was likely due to more institutional investors jumping into the game and buying up more of the crypto. I am sure that Elon Musk’s 150 Billion dollar purchase was also a contributing factor.
I keep waiting for a decent pullback on Bitcoin before I purchase more but I feel like the more I wait the less there will be an opportunity to buy on the dip. I want to increase my holding in MyConstant since the little bit I do have is still building. There is one sticking point for me and the transferring of Bitcoin into Myconstant. The minimum I can transfer is 0.005 which equates to about $250 worth of Bitcoin so I am not yet able to gather all my small balances from all the faucets and sign up bonuses just yet.
Etherium is another avenue I am going to pursue and the minimum deposit amount is 0.1 ETH which works out to be around $181 which is a little easier to get started earning that sweet 8% APR on the idle crypto.
As always if you are looking for a referral code I would greatly appreciate you using mine. If you are holding crypto where do keep it and what kind of return are you getting? Please leave a comment below and let us know.
Thanks for reading.
I am turning off the option to comment since I have been getting spammed in the comments. Really I have had over 1,000 comments trying to advertise online pharmacies. I did not realize those were still a thing.