What Crypto Currencies Pay Dividends?

 Generally crypto currencies do not pay dividends.

But that being said it is possible to earn interest from owning crypto currencies.

I know of two companies which pay you interest on your crypto coins.  Coinbase and Block Fi.

I have accounts with both of these companies and have earned regular interest from both.

My account with Coinbase pays me interest at differing rates and times depending upon the coin and tokens which I hold.  For instance I can earn up to 5% on my Cosmos investment this pays me interest at about weekly intervals. But I can earn around 2.75% on Algorand coin but that is paid daily.

Coinbase also allows you to buy smaller amounts of crypto, but does charge a $0.99 fee for all of their transactions.  So if fees are something that you wish to avoid, or you want to invest in small sums, Coinbase could be a little expensive.

One little thing that can earn you extra is the feature "Earn as you Learn" offered by coinbase. Here you can read a training article or watch a video and then answer very simple questions about what you just saw. I have earned about $40 in free crypto just from this feature alone.

You can also earn crypto here by sharing your link with friends.  Sharing your link can earn you $10 in free bitcoin if your link is used to open a new account. You actually both earn $10 in free Bitcoin.  To open an account with Coinbase click here.

 

I also have an account with Block Fi.

Block Fi is the least expensive in terms of fees but you do have to make a minimum deposit, here it is a $20 minimum bank transfer  but there is no up front fee, I think they are also taking some extra cash in their spread as the Bitcoin here is a fraction higher than on Coinbase, but not excessively so.

Block Fi is also more generous on their interest payments.  You can earn up to 9% at the moment on some Dollar based crypto and Bitcoin and Etherioum carry interest rates around 4%.

You can see  your estimated interest earning build each day, but these are only estimates, real interest is added on the last day of the calendar month.  That then compunds your investment for the next month.

Trading currencies within the platform is easy, so you can buy in a dollar based crypto like GUSD earn 9% on your deposit and then use the GUSD to buy Bitcoin or Etherioum if you see the price is attractive. That is my strategy on this platform.

Block Fi also pays you in Bitcoin if you introduce a friend to the site.  You can earn Several levels of payment depending on how much the friend opens their account with.  To open an account with Block Fi go here.

If you have found this post interesting please consider supporting the blog by visiting my Amazon Store.

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January 2, 2022: I beat the DJIA and NASDAQ in 2021!

 So 2021 is now history and we can look back at what worked last year and plan for the new year in the markets.

Last year was a relatively good year. My main portfolio rose just over 22% from the beginning of January until the end of December.  It beat both the Dow Jones Industrial index and the NASDAQ index. It lagged the S&P 500 by a few percentage points but two out of three isn't that bad.

My M1 account has now topped $5,000 and is cash flowing just over $28 per quarter.  The cash snowball is building fast on that front with just over $120 earned in almost two years.

You can see my M1 portfolio here.  If you use this link and fund a new account with just $100  both you and I will receive a $30 bonus, so you begin your account with a 30% profit before your fist trade is made.

On the crypto front, I have two accounts.  One with Block Fi where I have staked my crypto funds. There is a good return coming in there, in just six weeks I have earned over $1 on just over one hundred dollars of stked crypto.  Items like Bitcoin, Cosmos and Etherium.

Staking is easy just create an account and place your crypto currency in the  pool then in a few hours you will see your account receive interest on your money. At the end of the month the income is then added to your account so the funds compound quickly.  To open a Block Fi account go here If you open an account with this link both of us will receive a bonus payment of bitcoin.

My other crypto account is with Coinbase. This account has some ability to stake your crypto currency but also lets you earn new crypto by taking simple tests.  I have earned about $36 in coins just taking a simple quiz which comes up on the site about every ten days. A dollar here and there helps boost those staked earnings.

To open a Coinbase account go to here.  We will also both earn a bonus amount of approximately $10 in Bitcoin when you fund your new account.

Going back to my stock portfolio. This being a new year I took the opportunity to take a look at my dividend yield for the next year.  This being the yield on cost I took the estimated dividend for the next year and then divided this by the total cost of my portfolios. The actual price that I have paid, not the value of the stock at todays market price.

My original yield on cost four years ago was around 2.1%  that was about the same as the S&P yield.

My yield on cost on January 1, 2022, was 4.17%.

This growth has come from my long holding time, some stocks have been there since 2006. Plus last year saw lots of my companies increasing their dividends.

A thing to remeber is when you buy a stock and it pays a dividend you receive that percentage yield on the stock for as long as the stocks pays a dividend or the stock increases its dividend, when such an increase occurs your price paid remains the same, but your yield on cost increases dramatically.  

My Apple stock, AAPL pays only about 0.4% buying at todays prices of around $170.  I have owned AAPL since 2006 so my cost per share is less than $50 the yield of AAPL for me is 1..76% and will grow as AAPL grows its dividend.

Well that's all for now.  Thanks for reading and please consider opening accounts at M1, Block Fi or Coinbase, their bonus payments are genuine, and once opened you too can share links which will earn you some side income if you share a link.

Also thank you for supporting me with purchases from my Amazon Store. Take a look at the latest offers here.

Why I am Going to Invest in Crypto

 For a while now we have all been hearing about investing in crypto currencies like Bitcoin, Etherium and alike.

It has grown so big now, everywhere I turn I find my mailbox full of e-maills from scammers promising me riches if I invest with them, andpromises of all the riches I have missed out on.

Well, this may be a warning for the rest of you. After saying for years, I won't invest in crypto.  I am now investing in crypto.

This follows my great investing insight in the late 1990's to never invest in the Dot Coms.  Then deciding in 2000 to, you've guessed it, invest in a couple of Dot Coms.  And no I didn't go for Microsoft or Amazon.  I went for Imagine Games and a couple more that died in a complete wipeout of the British dot coms in 2002.

They lived short, but burned bright in the dot com firmament.

So maybe forwarned.  The crypto market is about to implode, William Elliott is in the market. Everyone duck!

So how much will I be investing?

I will be investing about 1% ( one percent ) of my portfolio.   of my total portfolio.  I have begun small, an initial opening of $60 growing to $5,000 over the next few months.

So a hit in my crypto portfolio will hardly affect my overall portfolio.

I will be investing with Coinbase initially.

So Why Invest with Coinbase?

I decided to invest with Coinbase because at the moment they have an offer to give new investors $10 in Bitcoin for just registering a new accountt with them.  Using the link here will allow you to claim $10 for just opening and authenticating and account, you don't even have to send any money.

Once you have authenticated  your new account you will be able to add funds, from your bank or via PayPal, and buy hundreds of varieties of Alt Coins.  You can also take lessons in various forms of crypto investments and CoinBase will pay you in crypto currency just for taking a series of classes. At present there are about $25  worth of classes for you to take.

Imagine in less than one hour you could have a small $35 portfolio of crypto, and it coast you nothing.

Become a knowledgeable investor.

As crypto currency investing becomes a more prominent form of investing, it is your duty to yourself to learn more about investing in this new market.

I am now using this time to learn about crypto currency investing.

At least by learning about the reality of this investment I am arming myself against the claims of those scammers.  I now have skin in the game and an increased motivation to learn what I can about crypto investing.  In the few days that I have been investing, I have not lost any money.  My current investment of $35 cost me nothing out of pocket, it all came from taking advantage of free offers.

So why not give it a try?

For your initial free investment  to claim your free crypto  Click Here

 

  Earn interest on your Bitcoin with Block Fi.

 

Read "Earn Money While You Sleep"

 

 

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