Subnostr

I have heard both sides of the coin on Fold. I didn't have any issues and the majority of my listeners didn't. Others, couldn't get it to work and told me similar experiences to yours.

I have had the same feedback with Strike also.

Its sucks when stuff doesn't work consistently across the board. Sorry you had a bad experience with them, maybe if will work if you give it another go.

Liberty Gal 2y ago

I use Strike to dollar cost average buying BTC. It works well. I have 3/4 of my strike direct deposit auto buy right when the money arrives and 1/4 I manually buy when I see a mini-dip. It has worked well except that they stopped direct deposit for a bit while switching to running their own system and that was during the recent low.

I also use Fold. I've liked it and done well, but I don't bring in nearly as much now as I used to. I think it is still probably worth doing, but I'm not as excited about it as I was. I wish they'd quit paying out big for a few people and make everyone make a little more. They brag about paying out whole bitcoins, but that just means we get squat. I've bought a $500 gift card and earned triple spins (150) and earned barely over 1000 sats.

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Discussion

TheLOTSProject 2y ago

I have the same feeling on Fold. I hit it hard right off the bat and have definitely made it worth it already. I am trying to be more intentional about using it now to get back in the routine.

Liberty Gal 2y ago

Now it mostly makes sense if you buy a lot of gift cards where you get a significantly higher percent. The spins don't give much (better than nothing and may become a significant amount of value in a decade or more). Since Fold is a debit card, many places make you do a debit charge which pays you only 0.5% on Fold. There are still some good percentages on gift cards though.