Ripple (XRPUSD): Well, shucks, guess I know nothing about...

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GreedyAgorist

Re: MindlessSelf post# 18933

Friday, 09/11/2020 10:01:30 PM

Friday, September 11, 2020 10:01:30 PM

Well, shucks, guess I know nothing about finance, MS, as I received an email today from CredEarn saying they would indeed participate in the Spark drop (XRP fork, whatever you want to call it) December 12th. On top of that, they are bumping their XRP interest rate from 3 to 5% for the September 15 program.

I went to the CredEarn website and started a chat, so... I may hear from them tomorrow. Or Monday. Ha, ha ha....

Come next Tuesday I will have earned a nice round divisible-by-5 number in interest YTD from CredEarn. My goal is to double that (and then add another 30% on the top) in 2021, but of course, I do not control their interest rates. I do not mind the amount that I have earned from XRP and a dozen other cryptos is paid in USD. Maybe if I held them in a Self Directed IRA, but as regular taxable interest, think being in USD makes it simple come April 15th (or July 15th or who knows when next year).

My new goal in life is to be interviewed by Chantel Elloway. When that happens, my comments will be story, observation, opinion, maybe even enthusiasm. What I say will never be instructions on how you should risk your money. Same goes for these posts.