Posts

Ask Leo & Opinion: What can be done with the token 'dust' gathered?

avatar of @katerinaramm
25
@katerinaramm
·
·
0 views
·
2 min read

It was only yesterday that I was wondering what to do with my 'not hard' earned/gifted NFTs that are found in my Wax wallet.. and today I had this other thought. What is the best thing to do with all the small amounts of coins earned via airdrops/quizzes?

I have managed to win a few dollars out of the Coinbase Earn campaigns (feel free to sign in using my referral - we will both earn 10$ in BTC when you buy/sell 100$ of crypto and if you verify your account)

SIGN UP FOR COINBASE HERE - REFERRAL

I have noticed that there is a significant amount in different coins when summed up.

What if I could invest in other coins that will probably be climbing up very soon?

First thing I did, was that I noted all the extra coins that added very small value to my overall portfolio.

Would anyone know if it is possible to create an xls/odt/csv file out of the portfolio in coinbase?

I wrote down these amounts manually at my Libre Office Calc (dont you love open source programms? :)) and I was surprised to find that I had an amount of 55.29 euros just sitting there, doing nothing.

My thoughts are do convert the 13 tokens to 3 different tokens that I believe could hit higher prices... These are the ADA, AVA, and BNB and I ll try to put 40% - 40% and 20% respectively.

To convert a coin to another coin, you need to click on 'Trade' and then 'convert'

You either type in an amount, or click on 'convert all' like I did

That was my initial thought, but it turns out that Coinbase does not have AVA or BNB, so I decided to spend the amounts on ADA, and some LTC :) I think they are in for an increase - so let's see if I did the right move.

At the moment I got my almost 44 euros of ADA (24.68) of them - at the price of $2.11 each

Something to note is that my portfolio now is 42 euros less, probably due to the fees for all these conversions.


What are your thoughts on this? What do you do with all these airdrops or small amounts of coins that you have?

What about hive-engine? I am also thinking of checking out and converting the 'dusty' amounts over there!


As always, I am grateful for your feedback :)

Wishing you a lovely Sunday evening - with a shot I took a little bit earlier More of my shots here


Please note that this post serves only informational purposes and should not be considered financial advise.

Posted Using LeoFinance Beta