My BCH Gains and Losses for January of 2022
January 31
It's the last day of the first month of 2022. It's time to look back once again at how I fared this month in read.cash and noise.cash. I admit, I did not post anything on other paying sites.
Greetings once again, my fellow Bitcoin Cash lovers. If you are new to this platform, you will see how wonderful these two platforms are. Mind you, I'm not the top earner from these platforms. There are a lot more people who are earning much more than I do.
Anyway, without much further ado, here is the summary of my performance with my analysis and action plan.
The Situation: Steady Decline of Prices
Screenshot of cryptocurrency prices via CoinDesk
The cryptocurrency prices for the past month have been in a steady decline since November 11, 2021. If you look at the short term, it looks frustrating. Some may have expressed their disappointment. Moreover, it seems the bearish market is going to stay a little bit longer. I hope not.
However, at times like these, when the prices are low, it's the best time to earn more Bitcoin Cash from the content that we post here on read.cash and noise.cash.
Change of Perspective.
I always look at my earnings in cryptocurrency-paying platforms in terms of dollars. Well, everybody does that. However, when you look at your earnings in terms of dollars, you might see that it's dropping per day. However, if you look at it in terms of BCH, you will see that you earned more from the previous day. Here is an example from my table.
screenshot of my spreadsheet
The first entry is the amount I earned from January 29-30. The second entry is from January 30-31. If you take a look at it, I earned $036 less on January 30-31 than the previous day. However, if you take a look at my BCH earnings, I earned at least 0.00823 BCH more.
Simply put, my dogma is.
During the bearish market, it's time to earn more BCH. And during the bullish market, it's time to earn more dollars.
My Writing Accomplishment in January.
In November, I was able to write a total of 25 articles for read.cash. For this month, this is now my 29th article.
Writing almost one article per day is not easy. There are times that I wanted NOT TO write. However, stopping for one day breaks my momentum. Then again, I had to let one day pass without writing. The following day, I temptation of not writing again persisted. I was glad that I wrote one.
On the second occasion that I did not upload an article, I wrote one but did not upload it until the next It was already past eleven o'clock and I don't want to break my sleep cycle. morning.
How Did I Do It?
How was I able to write 29 articles in one month? First of all, I am thankful for the Just Write Community. There is no specific theme or topic for that community, Sometimes, I was just free writing with nothing specific in my mind.
I was even surprised that one of my anything-goes articles I Can't Even Think Of A Stunning Title received $8.82 worth of tips.
I'm grateful also for the Focus To-Do app. With this app, I learned to write a 600-word article in less than 30 minutes
Screenshot of Focus To-do browser extension
How Much Did I Earn?
Based on my earnings per article, I earned a total of $164.82. However, because of the declining price of BCH, the total amount that I got is only about $120.00. Maybe about $130 if I include the amount I used for boosting, upvotes and sponsoring.
In terms of BCH
Based on the transaction records of blockchain (as of 11:29 this morning) I received a total of 0.43223621 BCH
Summary of my January earnings and expenses.
This shows we can $0.5 BCH or much more in one month alone.
Was It Worth Writing One Article Per Day..
It was of great effort on my part that I was able to write 29 articles in 31 days. Was it worth it? I have seven articles that earned more than $7 each. One earned at least $16 worth of tips. However, there was one that earned only $0.96, But, hey! That;s $0.96 less if I did not write.
Besides, I learned how to write a 600-word article in less than 30 minutes.
My Noise.Cash Earnings.
While I did fairly in read.cash, I am a bit dismayed in my earnings in Noise.cash. I earned less than $30 only or equivalent to 0.08056399 BCH.
To Sum it up.
My total earnings in read.cash and noise.cash platforms, minus the expenses for upvotes, sponsorships, and boosts are:
Read.Cash = 0.43223621 BCH
Noise.Cash=0.08056399 BCH
Total = 0.5128002
If I convert that to US Dollars at the current rate ($281.65 /BCH), that's equivalent to $144.54
In Closing
We don't know what will happen in the coming days when it comes to cryptocurrency prices. Will the bear continue to linger or the bull will come rushing in. I know, everyone is hoping for the latter.
What we need to do is to devise a strategy to get the most out of our earnings. I might come up with a plan within this week which I will share with you. Don't worry if the prices of BCH drops. Keep on writing and keep on earning. Just imagine if the BCH price goes back to at least $500. that 0.5128002 BCH will be worth more than $250.
Thanks For Reading
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*Lead Image - screenshot of crypto prices via coindesk with modification
Congrats sir you are accumulating lots of BCH na din. hoping din po maka 1 bch soon basta tyagaan lang po talaga..