September Read.Cash Report - 0.73BCH Grand Total ($368.20)

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Avatar for Pantera
2 years ago

I didn’t create monthly reports all this time, but I always approved them and also think it can be a sign not just for our improvement as writers, but as an indication of how the entire market is performing.

I don’t have monthly stats yet for previous months, although I am planning to record them too and make comparisons.

I’ve been in crypto since 2017 and a clear indicator of how the market was performing was traffic on crypto websites. The platforms, websites, chat rooms I was visiting since 2017 became desolate places in 2018 when the bear market started.

Losses from our investments were significant and made many abandon all hope in crypto. 90% exited the market and the 10% that was left behind were eventually paid for their constant support.

For September, I found my articles having good traffic, and while the tips didn’t reach the previous months, it was still significant and gave me hope for the future.

My Report For September

In total, my 27 articles in September were rewarded with $519, which is about 1BCH. The 1BCH is a rough estimate though since I calculated the total rewards in USD and divided them with the average price of $500 for September.

However, the “net profit”, (meaning: total subtracting expenses) was $368.20. This is how much ended in my wallet, which can be calculated to ~0,73BCH.

Expenses in September reached $152.28. These expenses are tips given to other authors of Read.Cash, BCH used to boost my articles, and the 10% fee paid from each reward.

I find transparency to be helping everyone understand how this process works and perhaps clear some doubts some people have and question me about very often.

Monthly Report and Total Rewards

On average, my articles received about 25 likes each and 155 views. Also, my posts on average were rewarded by $19 in tips, which was above what I expected.

Boosts are expenses and I calculated them from the “my boosts“ menu. Although, it gives a daily estimate, while sometimes I wasn’t boosting my articles for 24 hours, but less. I estimated the cost for boosting is lower than $34,70 and reduced the number to $30, which I think is more closer to the actual expense I paid in September.

I tipped (rewarded) other authors with ~$70 this month. Used to be higher previously but I hope to keep supporting the rest Read.Cash community with this level as a minimum.

This is about the average I will keep tipping in the next month too, probably a little more. It gets close to 20% of the tips I receive that I gave back to other content creators in Read.Cash last month.

There are many wonderful writers in Read.Cash and tips always give an enormous boost in confidence. I follow and read as many articles, a tip always means I’ve read most from the post.

It is something that I happily do and always try to read all the content from the article I tip. I am always on the top ten tippers monthly list for many months now and getting closer to reach the top all-time tippers in the following two months.

The sponsorship payments were a few dollars for this month and I didn't calculate them. Next month there will be some that are ending, so perhaps I will try to adjust and keep track, although this comes at a small cost for the time being.

Expenses and Net profit:

In total 0,736 BCH was the net profit from my 27 articles written on Read.Cash for the previous month. In USD this is $368.20 and in euro €314.70.

This is mostly coming from Read.Cash tips, funded by Marc De Mesel, let's not forget to thank them with this opportunity.

These are the totals from my Read.Cash adventure for September. I would say it is not bad at all. I guess it is not far from the top reward earners in September, with a few exceptions. I don't have a clear picture yet of how the rest writers performed, though.

In Conclusion

I will begin calculating income from all the websites I use, something I wasn’t doing so far.

Income from my online writing activities is not enough to cover the cost of living in any Western country. It helps, but not as much as some suspect. I’m not making a living being a writer. I have other sources of income since I wouldn’t be able to sustain my cost of living this way alone.

The rest platforms I use did not perform well this month except Noise.Cash.

  • Medium, used to pay $150 but it will be way less for September.

  • Hive had not been profitable at all, after many months of using it. It is about buying more of its coins and holding in your wallet for months to increase hive power. I don't like this at all, since content comes secondary and Hive Power is what matters most. I made about 160 Hive and 20 Hive Dollars for the four months I use it, which is a depressive number of about $30 per month.

  • Noise.Cash rewards, though, had been exciting this month. In a very rough estimate, the tips reach $200, maybe even higher. I have not been able to find an easy way to calculate, perhaps I will need to go through all my noises and add all the tips I received one by one.

It will be time-consuming so maybe I should have a fresh approach, by adding a Noise.Cash new wallet and finding the result at the end of the month. I have now connected my Read.Cash wallet on Noise.Cash and it gets very difficult to calculate this way. I have also been sending tips from QR-code and the embedded wallet daily, and this will be only roughly estimated, but it is less than a dollar daily.

I work towards increasing the views in my posts and have looked into SEO and keywords, but I don’t feel this is an honest approach. The Google algorithms constantly change, and often it finds and excludes those that try to exploit it. I’m not interested in trying to exploit an algorithm, I find more important the increase in content quality.

I wasn’t recording the data from my posts and I feel now this was a mistake since I could have reached some better conclusions by analyzing and comparing monthly charts. I plan to do that for all the platforms I publish at, and perhaps find the time to record my previous months as well. This data can give us a sign of where we are heading.

Related articles:

I've also achieved recently the 25,000 views milestone on Read.Cash and wrote about it in this article:

25,000 views! A BIG Thank You! - Presenting My Top-10 Articles on Read.Cash


Images:

Lead Image from: Unsplash, by Cathryn Lavery (modified)


Follow me on: ● ReadCash ● NoiseCash  ● Medium ● Hive ● Steemit   ●Vocal ● Minds ● Twitter ● LinkedIn Reddit ● email

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2 years ago

Comments

Gud

$ 0.00
2 years ago

You got an award for a good job. I hope one day I can reach these numbers. When that day comes, I want to distribute some of my earnings as a tip to other authors. I don't have much hope. Because my articles are not read enough. My comments are automatically spam :(

$ 0.00
2 years ago

Wish u for bettter october nyc efforts dear keep it up

$ 0.00
2 years ago

Congrats on those numbers. And I wish you a better October!

$ 0.00
2 years ago

Thanks Coqui! I'm looking forward to better always! Let us hope that October will bring us some good results.

$ 0.00
2 years ago

As I started my second chance, this documentations of every achievement could be at help for me to motivate more in writing. Thank you, for the inspiration.

$ 0.05
2 years ago

I am glad to hear this. The purpose is to motivate others and give a transparent picture of the monthly rewards.

$ 0.00
2 years ago

And it motivates me indeed. Thank you again.

$ 0.00
2 years ago

Congrats, I've read some of your articles i can tell you're one of the big earners here in read.cash! You deserved the BCH that you've earned, because it equates hardwork and efforts.

$ 0.02
2 years ago

Thanks, there are many that make this much and some even more. I hope to motivate and give a better understanding in the rewards from this platform.

$ 0.00
2 years ago

It's the first time reading a report from you, I mean monthly report.. congrats!

$ 0.05
2 years ago

Thanks Eybyoung. I will publish one each month from now on. I find it is interesting to see these stats and gives us all a better understanding on our progress.

$ 0.00
2 years ago

Yes, it's kinda thrilling and inspiring to see our stats and see our progress as well just like others.. it's happy thing seeing other progress as well 😊

$ 0.00
2 years ago

Wowww! That was a huge amount😯 that was incredible, this article gave me a huge motivation to strive harder in this platform, and this is. Great way to start my journey in read.cash as a newbie. Congratulations sir! My respect for you.❣️

$ 0.05
2 years ago

This is great to hear. I always try to inspire confidence in read.cash and advertised this post on social media the writing community uses. I hope our reports succeed in bringing more authors in Read.Cash.

$ 0.00
2 years ago

This is absolutely above the moon. If BCH price reach at 1000$, then you would have 730 dollar. Hell yeah this absolutely dominating both platform.

$ 0.10
2 years ago

Yep! This is why I counted in BCH first. I still think we are abiut to witness massive volumes and interest in BCH mostly because of SmartBCH and some more developments that will follow.

$ 0.00
2 years ago

SmartBCH still hasn’t fully adopted yet, i hope it will adds more features and convenient transaction like bitcoin.com wallet. However we needs a platform for only earn SmartBCH 😉

$ 0.00
2 years ago

It is nice that you have done a good monitoring for the month of September. I suggest you conitnue it so comparing your progress would be posaible next time. :)

$ 0.00
2 years ago

Congratulations on your results Pantera. Yes it is a good idea to start with a new wallet fot noise.cash so you can track your earnings from there very easily. That's what I am doing I have a read and a noise wallet.

$ 0.05
2 years ago

I have linked the read.cash wallet but I can't seem to find a way to change it now.. I will try again later, on the road atm.

$ 0.00
2 years ago

Those achievements makes me inspired more, glad that you have shared it with us

$ 0.05
2 years ago

There are that are achieving higher numbers. I don't know how though, but I'm not competing with anyone. I wrote this since some will be inspired to stay at read.cash and continue, and others will read this post and begin. It is not that much money but can be an extra income for some. Or it can also be a way to enter cryptocurrency without risking to invest. Thanks for the comment.

$ 0.00
2 years ago

Correct, for me I used it as my motivation and extra income since I am full time housewife.

$ 0.00
2 years ago

I believe the knowledge you have passed on here is very valuable, I take others success as an encouragement for me to achieve bigger things.

I am poor at documentation, I should probably give this a try too.

$ 0.05
2 years ago

Thanks for the transparency, this is such a great article to show off to the people at bitcoin beach venezuela at http://cuyagua.net, all they gotta do is write!!!!

$ 0.05
2 years ago

Of course. The Venezuelan writers are some of the top on Read.Cash. I'm sure that many are missing an opportunity to put their skills to the test.

$ 0.00
2 years ago

I was like "dangg this is what monthly report should be" lol it was formal and easy to follow. You're really committed in here read.cash. you deserve it I lazysnail wanna say congratulations!!

$ 0.05
2 years ago

Lol! Thanks for your good words.

$ 0.00
2 years ago

Your consistency and quality you put in your articles is enough to take inspiration from you! I wish you best of luck for this month.

Congrats!

$ 0.05
2 years ago

Same to you, October started in great ways. Let's hope for the best and end this year with amazing returns.

$ 0.00
2 years ago

Oh wow, how I wish I could have also ju

That commitment and dedication. Well you deserved it. Congrats to you

$ 0.05
2 years ago

Thanks princess. I am sure if you're persistent you can manage it too.

$ 0.00
2 years ago

Oh my.. you did such a fantastic job here... and your commitment towards making a whole excel out of the stats.... I'm impressed :) Congrats

$ 0.05
2 years ago

The excel was easy, It didn't take long, just half an hour. I find it difficult to count the tips at Noise.Cash though, since I have the same wallet with read.cash..

$ 0.00
2 years ago

I know excel is easy, I was awestuck of your commitment.. love that

$ 0.00
2 years ago

You have a very great September I hope also this October more blessing to come,you deserve it because you work so hard to my article . congratulations to you

$ 0.05
2 years ago

Thank you. I put a lot of effort in all my articles. October looks promising alright, lets hope for the best.

$ 0.00
2 years ago

I wish all the best for you this October I hope I can do also even so hard for me because I am new but I'm trying hard 🤣

$ 0.01
2 years ago

Good numbers, may you earn even more as you always put focus on quality

$ 0.05
2 years ago

You had a wonderful September. October will surely be better. It's nice to read your monthly report too.

$ 0.05
2 years ago

I will try to have a report next month containing all the platforms I use. Maybe that would give others more information to decide if it is worth it or not for some.

$ 0.00
2 years ago

I look forward to that👍👍👍

$ 0.00
2 years ago

Well done boss you really deserved it, your articles are really educative and informative, I always look out for them everyday just to keep me informed. October will be much more productive for you and hoping to get more from you

$ 0.05
2 years ago

Thanks, I hope so. Good luck to you too @adereign, hopefully October will be better for all of us.

$ 0.00
2 years ago

That's a milestone no doubt. You did tremendously here my dear friend. It's just not easy to have reached such height here over time but you made and for that I say kudos to this sweet achievement of yours. I wish God helps me achieve same as well

$ 0.01
2 years ago

Your September was amazing!! I love reading this journals, it encourages me to do more❤ I pray you have a fruitful October, better than September in fact✌

$ 0.05
2 years ago

Thanks, I hope so too. Maybe October will become the month of a positive reversal for all of us!

$ 0.00
2 years ago

Yeah, the market seems to be in great shape today, More profit than loss at least. I hope October shows BCH some love❤

$ 0.00
2 years ago

Wow! You are really doing great for yourself. The fact that you give back that much from your earnings is super nice, keep it up bro

$ 0.01
2 years ago

Thank you. I will always give back as there are content creators that deserve a lot of attention.

$ 0.00
2 years ago

That much is true. I like your thinking bro

$ 0.00
2 years ago