Basic Attention Token (BAT) Making some big gains today
That chart grabbed my attention today. I usually just take notice once or week or so to see how BAT is doing. Today was a big shock, I know its has been trending up and has had a nice run along with BTC.
- 1w 32.35%
- 1M 93.92%
- 3M 302.39%
- YTD 401.96%
- 6M 395.75%
It is always good press when you have a utility token start to set consisted ATH. The price movement will bring more attention to those who were either not aware, or had discounted the project in their own minds.
When you pull up the chart of BAT - it makes me think this project can get some support for this run and continue to build. I am sure there will be dips and pull backs, and I might use those opportunities to see if I can find a way to buy low / sell high, but my timing is usually off.
Brave is one of the projects I think can get common people to take the first step into crypto currency. It is free to start, and painless until you have to do KYC. I have to believe people are starting to wake up and see how they are being treated, and take the power back. Brave will give both the user a value back for being exposed to advertising, and give the those paying for the ads the knowledge they are getting the exposure to the right crowd. Anyone else thing we are going to be seeing a lot of ads for NFT's this year.
There is so much money in online advertising, if this represents the start to a shift of browser usage and online ads - the impact will be felt across a lot of other platforms.
Pesky KYC
I hate KYC - and usually won't do all the work required for a new wallet or exchange. This is the first I have done in over 18 months.
I had 3 devises I was running Brave on over for the past year+ Two phones and desktop PC. Its really too bad the brave edition for my Chromebook that saw 75% of my usage couldn't earn BAT. Until today - the price wasn't really worth it to jump through all the hoops and do the KYC required to get my Uphold wallet verified. When I saw it was over $1 it got me off my lazy bum and got validated in about 15 min.
After running all three devises to one wallet, I got my balances combined. It is looking good!!! It was nice to see that balance be worth a little something after wondering why I was do it for a token worth $0.10 last summer. If BAT stays here, I will be happy to keep earning!!
Some of you may not be willing to do KYC - if that is the case then you should make some tips to your favorite content producers. I know you can tip YouTube and Twitter accounts I think. I wonder if LEO can add that feature too?
sincerely,
This post NOT financial advise, it contains my personal opinion and experience and is intended for educational purposes. Perform your own research and analysis prior to making investment decisions.