What an awesome April!

For the first time since we've been doing these HODL challenges we were not only in profit for the month, we more than DOUBLED our original investment!

A quick recap: We bought 54 STEEM Tokens on April 1st and they were priced at $1.86. As of last night (May 1st) STEEM was $3.97 a token.

Adding it all up that's $214.38 from our original investment of around $100.

YAY! We're crypto investing geniuses!!! (Said no one ever....!)

So how do we follow that month up?

Should we pick another coin we absolutely love and will never let go of? Maybe...

Or do we dive into the markets and find another 5 that we're interested in.... Perhaps...

We're going LONG (and old) for this month's HODL challenge and both @richardtaylor and I dug into our pockets and grabbed $100 worth of...

Bitcoin!

The purists are signing praises right now, I can hear them :)

That's right...We're taking the ultimate of all HODL challenges and stashing $100 into Bitcoin for the entire month of May.

That will get us 0.011 BTC

So here we go....

Every week we will take a look at that 0.011 BTC and see what it ends up at.

Is the bull run beginning? Have we seen the best of 2018? Or is that just around the corner...

The grand daddy of all cryptos will tell us that and so much more heading into month number 5 of of HODL challenge.

Here's our reasons for picking Bitcoin for this month;

We're pretty big on utility and I know that's a broken record for this blog. However in 2018 I'm not so interested in what 'COULD' be a great project or coin, but rather what IS a great coin!

STEEM was a no-brainer. We use it daily and see the real value in it. It's something we both love and I'm even borderline obsessed with it lol

So that brings us to Bitcoin....

It's the pinnacle of everything crypto. It's the biggest brand. It's the most well known of them all. And it's the king for a reason. I use it almost daily in business, purchases, receiving funds, transferring to other coins and tokens.

And that's important for me in 2018. It's something I use daily but also something I rarely trade to make a profit. I'm either holding it long term or using it each and every day for buying and selling.

Just like STEEM....

So whether Bitcoin gains a ton in the month of May, or it goes down. I'm still holding....But this experiment is to see what happens when you stake something for a month and don't 'play the markets'...

HODL on :)

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