Trusting XP Coin to Pay For My Game Time

It’s been 6 months since English Teacher Online started streaming live on Twitch, trusting XP Coin to pay for my game time in the brutal yet beautiful world that is Rust.

In that time, I’ve attracted nearly 400 followers and spoken with a number of key players. I’ve also been promoted to Content Creator in a number of Discord groups and collaborated with fellow streamers.

Meanwhile XP Coin has been focusing on integration, paying gamers for their time by inviting people like you and me to sign up through their rewards.xpcoin.io website.

My XP Coin Research Story

Since March 2018, I’ve earned over 100,000 XP Coins playing on the XP Coin Rust server. I’ve steadfastly watched a bear market in which the price of XP Coin has fluctuated between $0.0003 and $0.000017 – far below its peak of $0.005, hit during the last cryptocurrency bull run of January 2018.

That’s because I’m a HODL or HOLDER who believes in community and I’ll only cash out a percentage of my earnings when the price is right!

As we wait for another end of year bull run, I thought it would be interesting to calculate just how much money I may have earned so far?

Blog post price of $0.000025 x 100,000 = $2.50

January 2018 peak of $0.005 x 100k = $500

x1000 fantasy bull run projection of 2.5 cents = $2,500

Today’s current price of 1 XP Coin is … 

Why Would There Be Another Bull Run?

Looking at the charts, we can see trends, patterns or opposing forces at work in the market. Each bull run is preceded by a triple or 4 times bear market as spiraling pessimism proves the doubters correct.

But for every action there is an equal and opposite reaction, as the saying goes, and the signs suggest that another bull run (optimism) is about to happen just as big institutional money enters the market. And because the XP Coin price is pegged to Bitcoin, we should see at least moderate to substantial gains by late 2018 – early 2019.

I’ve never bought any XP Coin with my own money and always played on their server assuming that I wouldn’t see a dime. Yet at the time of writing this blog I have $2.50 in my XP Coin wallet. Real money for doing what I love doing in my free time, role playing, building, raiding and surviving in the brutal yet beautiful world of Rust.

I also have some XP Coin sitting in a staking pool making more XP Coin!

I don’t know what the price will be in January 2019 but I’m preparing to cash out 20% of my XP Coin next time the bull run’s high. There’s still 3 months to get in the game! 

It’s A No-Brainer

You play Rust anyway and you don’t need to spend a penny. Simply join me on the XP Coin Rust server and earn some XP Coin of your own. See what happens with the next bull run. You could make a dollar, $100 or more.

In 3 months you can decide whether to cash out and exchange your XP for LTC or DOGE – or keep earning, building a nice little college fund or house deposit.

It’s a no-brainer because you’re going to play Rust anyway!

Useful Vocabulary

Bear Market – A condition in which security, stock or cryptocurrency prices fall and widespread pessimism causes the downward spiral to be self-sustaining. Investors anticipate losses as pessimism and selling increases.

Bull Run (Bullrun) – A period of optimism, investor confidence and expectations that strong results should continue. Greed encourages speculators to hold on for impossible profits instead of cashing out before the next inevitable crash.

Cryptographic Technology Explained

See my original post from March 2018.

DISCLAIMER: I’m not a financial advisor or time traveler and I don’t have a crystal ball so always do your own research please.

Author: Teacher Steve

Teacher Steve is 51 years old, happily married but has no children of his own. He's a fully qualified teacher who has been teaching English in sunny Thailand for over 15 years. Teacher Steve loves to write and decided to start English Teacher Online, in December 2016, to help students study English for free. He works tirelessly so that students can become fluent in English, empowering them to work and travel the world. You can also watch him teaching live at https://dlive.tv/Teacher_Steve

Leave a Reply

Your email address will not be published. Required fields are marked *