"How Do I Solve a Problem Like Maria? I Ground Her and Send Her to Her Room without Wi-Fi!"

#SatoshisSaturday: 2021-05-01


DISCLAIMER 1:

The links to the crypto sites in this article are affiliate links. Furthermore, I use shorte.st to shorten hyperlinks. I get a few cents when users click the links, and I get rewarded if users register using these links. However, my personal experiences with these sites have been beneficial enough that I can promote them without feeling like a shill.

I will gladly provide clean links upon request.

DISCLAIMER 2:

This article is not a "get rich quick" article. This refers to sites and strategies which I personally use. It is entirely possible that my actions and subscriptions could lead to financial loss. As such, constructive criticism and suggestions are always welcome.


"Life is what happens when you make plans."

I spent very little time online (save for my Three Gen Media tasks) this week. This is bad since I'm neglecting my personal writing projects -- Publish0x included -- and my cryptocurrency pursuits. This is good, though, since I'm focusing on improving my health and establishing healthy relationships with people. Working on Tweet, You Sinners! is less appealing when the alternative is spending time with an affectionate, compassionate girlfriend.

"Sorry, Soggy. I'd love to cartoons and cuddle, but I need to translate bert fulfer's tweets into English, read Brad Feinman blame Leftists for Ben Parker's murder, and read on Publish0x how Bitcoin will reach $11 kerspillion and $0 at the same time."

That statement is even sillier when I say it out loud.

Fortunately, half of my investments accumulate interest and/or value while I tend to my health and my girlfriend. As for the rest... oof.

Before I dive into my satoshi status report, I want to discuss some changes to my investment strategies:

  • BlockFi is lowering their BTC APR to 5%, making it the same rate as Cointiply. Therefore, I transferred my BlockFi balance to Cointiply. I currently have no investments with BlockFi.
  • I reinstalled the Current app. It's still buggy and irritating, but the development team has made significant improvements.

  1. Browse with Brave Browser

    Still a great browser. Still awarding BAT. BAT's all, folks.

  2. Listen to Current while writing

    I can redeem 39,800 points for $19 in PayPal (Well, $20, but it's $19 after fees). I can earn roughly 1,000 points per day, which breaks down to $0.47/day.

    On a related note: many songs from Broadway musicals range from nonsensical to disturbing when played outside of the context of their musicals.

  3. Check Publish0x at least three times a day

    At this rate, this will become my evergreen New Year's Resolution. That trolls can circumvent my blocks to light up my notifications further discourages me. Still, any one post that I make gets more views and generates more profit than my entire duration at Blogger, so I'll stick with Publish0x.

  4. Stake AWC with Atomic Wallet

    Oof. My AWC stake's income has dropped to $0.10/day. That's not terrible, but a $0.01/day drop leads to a $3.65 loss over the course of a year.

    BNB is rising; it was nearly $400 when I started actively increasing my AWC stake, and it's currently in the low $600 range. I held some BNB to pay stake fees, and that may act as a miniaturized diversification effect if the value of AWC continues to slide.

  5. Stake ALGO on Binance US

    I've done nothing externally, but my ALGO holding is currently worth 28% more than my initial investment. Whee! This roller-coaster is FUN!

  6. Build interest with USDT deposits on CoinLoan

    I'm still getting $0.03/day in USDT. No changes here since stablecoins are... well... stable. At least for now.

  7. Build interest on Cointiply

    Transferring my BTC from BlockFi to Cointiply adds up to $0.02/day in Cointiply coins. Since 100 Cointiply coins are always worth $0.01 in BTC regardless of BTC's value, Cointiply serves as a safety net. Yes, I will look like a complete moron if BTC reaches $100,00 or more. However, BTC dips no longer concern me as long as BTC has any USD value at all.

  8. Purchase Socially-Responsible Investments on E*Trade

    Oof! The falling of my FTEK stocks is overtaking my gains with GCINX, so my overall E*Trade portfolio has fallen 6% below my initial investment. I doubt this will drop to zero, but I clearly need to spend a bit more time and money getting my E*Trade portfolio back on track.

  9. Use HashShiny to mine BTC, ETH, and DCR

    There's nothing I can do until March 2023 (unless I want to wipe out my holdings with even more HashShiny fees). This week, I'm getting about $1.35/day in BTC, $0.13/day in ETH, and $0.16/day in DCR.

  10. Shop online with Lolli

    Once I get my personal budget stabilized, I'll perform more online purchases -- especially when I upgrade my personal and joint technology. Shopping with Lolli partners will lead to more BTC rebates.

  11. Generate RLT with RollerCoin

    I still need to investigate RollerCoin's changes and determine how they impact my income. Until then, I'll err on the side of "I don't know yet" and keep it off of the scoreboard.

To calculate my daily total, I'm being purposely pessimistic. I'm only counting income that is reasonably guaranteed. I'm excluding all investments until/unless I can demonstrate steady, provable, passive income greater than or equal to $0.01/day. For fractions of a US cent, I round down to the nearest whole cent.


Figures are based on values as of 2021-05-01 12:00pm PST:

  • The price of 1 BTC was $57,644.24.
  • The price of 1 ETH was $2.940.46.
  • The price of 1 BNB was $625.53.
  • The price of 1 DCR was $190.95.
  • The price of 1 AWC was $2.20.
  • The price of 1 ALGO was $1.39.
  • The price of 1 BAT was $1.26.
  • The price of 1 AMPL was $1.16.
  • The price of 1 USDC was $1.00.
  • The price of 1 USDT was $1.00.
  • RollerCoin equated 1 RLT with 1 USDT.
  • The price of 1 DAI was $0.99.
  • The price of 1 LRC was $0.57.

Atomic Wallet
$0.10/day in AWC

CoinLoan
$0.03/day in USDT

Cointiply
$0.02/day in Cointiply Coins

Current
$0.47/day in USD

HashShiny
$1.35/day in BTC
$0.13/day in ETH
$0.16/day in DRC


This adds up to $2.26/day in reliable, passive income. That's an additional $824.90/year in reinvestment power.

What a difference an adware music app makes, huh?

My planning with Soggy and her mother will likely lead to my personal budget being stabilized by the end of June, which will leave me with far more income with which to work. Though a large portion of the available funds will go towards maintenance and improvements on the homestead as well as my individual projects and my joint projects with Savy, it's reasonable to assume that I'll have funds to allocate towards the #SatoshisSaturdy project as early as mid-June to late June, especially if I keep current with my Three Gen Media duties. Since both Soggy and her mother want me to put money aside for a rainy day, they're supportive of #SatoshisSaturday's more fiscally-conservative investments.

I'm growing more wary about cryptocurrency, though. The appeal of micro investments is overshadowed by the number of scams, the existence of trash tokens, and the swarm of people willing to instigate an energy crisis for a potential profit. Still, the APRs that crypto accounts offer are significantly higher than those offered by brick-and-mortar financial institutions (5% at Cointiply versus 0.1% at a traditional bank) prevent me from walking away cleanly.

And I need to consciously and subconsciously reinforce that our creative projects qualify as investments if they're even modest successes.

Still, I'd love to get my hands on more USDT, BNB, SRI stocks and SRI index funds.

How are your DeFi adventures playing out?

How do you rate this article?


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LoonyLiberal
LoonyLiberal

I have 15 years of experience as a software tester. I've been writing off-and-on for 28 years. I adapt quickly to new technologies and new methodologies. And I believe that humor is the most important social skill.


Dollars and Nonsense
Dollars and Nonsense

Are you familiar with the phrase "funny money?" Finances are no laughing matter unless we make jokes about them. The purpose of this blog is to put a comedic slant on anything related to finances. Cryptocurrency, dollars, stocks, golden parachutes... if it goes ka-ching, I'll make it guffaw.

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