That is a pretty cool idea, I used to do that with BlockFi card since that was automatic. I assume you have to do this manually or have you found an automated way to convert rewards into BTC? Also, while the image shows the performance in the last month, what was the total performance since you have started doing this?
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Thanks! Yeah, I've had some of those crypto rewards cards in the past too. As far as I know there's nothing currently that allows you to transfer rewards from legacy cards into BTC. It seems like it's a huge opportunity for someone who could figure out how to build something like that. I wish I could more accurately track. The wallet is showing total 3 month performance to be 20,924% but that obviously isn't right. I could pretty easily figure that out doing a manual calc. I'll do that today and report back.
According to my calcs I'm down about 7%, overall, based on today's BTC price.
That makes sense, but I would expect that long term this will be a good investment.
I think so too.