I've decided to try some of the ways to make my money work for me. I'll be a putting money into projects that will, hopefully, generate some revenue and document each one so that I can bring the news to you. These will not be introductions of the projects as you should read up on them yourselves but only a tracking of how well they are doing with the funds deposited into each. I will provide an affiliate link at the end for each project mentioned.
To start this off I'll tell you about a project I transferred funds to in late June. Some of you have probably heard about Yieldnodes. It's been mentioned by various youtubers and I've come across some articles mentioning the service. After some thought I decided to try it with close to the minimum deposit amount and see what happens. Here are the numbers.
I deposited 610.54 euro worth of bitcoin at the end of June and that amount became MasterNoded or "active" about a week later. This means I did not accrue the entire yield for July, as I missed a week.
At the beginning of August I was credited 43.44 euro, which is a gain of 7.12%. Not too shabby for letting money sit for 3 weeks. I chose to have the income I make compound to allow for greater gains down the road. That means I went into August with 653.98 euro.
At the beginning of September I again received a notice that my account had made a sum of 39.89 euro, not as good as the month before but still an increase of 6.1%. This was then promptly added to my "active" investment.
This means I'm working with a sum of €693.87 for the month of September. I will be sure to update you on the progress of this experiment when I get paid again.
I am also on the lookout for other projects to try out. When I've found more of them I'll add them to my reports.
Check out my post about Overline giving away free NFT land. They'll be available for a couple more days at the time of writing.
Here's the post!
Links:
Yieldnodes