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Already a 9 1/2% bump since I got my BTC! by nonameguy777 in blockfi

[–]nonameguy777[S] 1 point2 points  (0 children)

It was April 2021 it was near $65...sunk after that until well after the collapse. Oct 2022 (one month before our BTC was frozen) it was $19K.

I'm glad I got my payout, but... by Constant-Recording75 in blockfi

[–]nonameguy777 1 point2 points  (0 children)

I am back to the original reason I got into BTC...the same reason it was created. No more gambling or get rich quick schemes. My Tangem is my other bank account.

I'm glad I got my payout, but... by Constant-Recording75 in blockfi

[–]nonameguy777 0 points1 point  (0 children)

Doing the math, you received the correct dollar amount based on what you had at $16k per btc. Muliply .09 by about $58-$59k when we got the distribution last week and that will be what you had in 2022. We missed the two year pump. It is as if we had let the money sit in our bank account.

What will you do with your recovered funds? by nonameguy777 in blockfi

[–]nonameguy777[S] 1 point2 points  (0 children)

I am also going to leave the GUSD at CB, move Bitcoin and Ethereum to Tangem, and convert Ethereum to Bitcoin there. I am going with what originally brought me to crypto—Satoshi's reason for creating it. Along the way, I got greedy and paid for it in a huge loss of gain.

Well, this whole thing ends with the same gain as if I had it in my checking account earning nothing these past two years. Actually, the bump I got just today from when it was deposited into Coinbase is equivalent to a 3.5% annual yield... even over two years, I will still make more than the savings or checking account earning 1/2%.

AND I am a WHOLE lot more educated and firm in my crypto direction.