How to Hodl Ethereum
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Do you have some Ethereum that you would like to hodl?
I’ve been struggling with the best place to put some Ethereum while I wait for it to increase in value, a strategy often known in the cryptoworld as hodling Ethereum.
Check out our latest YouTube video where I talk about:
· Why I think holding some Ethereum is a good idea
· Why I think diversifying into other coins is also a good idea
· Where I plan to hold my Ethereum and why
· How I can move my Ethereum without paying crazy-high gas fees (2 strategies!)
· A review of a couple of the places I covered last week that are good places to earn interest on your crypto while you wait
· Best practices for how to move money between two new accounts for the first time (hint: take screenshots and test first!)
If you have any questions after watching the video, let me know what I missed!
If you’d like more information about the savings platforms mentioned in this video , check out our blog post “Researching the Best Crypto Interest Accounts."
If you’d like to open an account and earn a reward for doing so, check out our affiliate links (affiliate rewards change regularly; please check the website for current offers):
Abra: Earn $25 in CPRX after a minimum balance of $15 for 30 days (not an affiliate link)
Celsius Network: Earn $50 after a transfer of $400 for 30 days Be sure to use Referral Code 1519512a32 or it won't work right. (Ask me how I know!) Note (4/15/22): Celsius is currently not paying US customers any interest. Please check to make sure your region is supported for earning interest before moving any crypto here.
Gemini: Earn $10 in Bitcoin after you’ve made your first $100 in trades/purchases
Nexo: Earn $10 in Bitcoin after a deposit of $100 for 30 days Note (4/15/22): Nexo is currently not paying US customers any interest. Please check to make sure your region is supported for earning interest before moving any crypto here.