My Crypto Earnings in May
May was a crazy long month with much action in the crypto space with stable coin holders getting rekt, Altcoins getting rekt and Bitcoin still firmly in the driving seat.
All the while I was working towards my 2ETH per month goal and I now get to have a look at the numbers and put some words behind them to review what happened and compare this to my strategy.
A new entry this month is Dreemport. Here you can earn DREEM tokens for curation and submitting writing for review. I have made a start last month and it is nice to review 5 articles per day for curation and I try to submit 2 or 3 articles per week that might be up to the standards required here.
Let's get started.
This month I have been active in the following platforms and collected the cryptos:
Blogging
Publish0x (STA, AMPL)
Hive (Hive)
Read.cash (BitcoinCash)
Dreemport (DREEM)
Socials
Noise.cash (BitcoinCash)
Torum (XTM)
LunarCrush (Lunr) - given up on.
Staking, Cashback, Interest
Crypto.com (CRO)
HBD
Surfing/Search
Brave (BAT) - given up on
Presearch (PRE)
Blockchain Email Marketing
ListNerds (Listnerds, CTP)
Blogging
Publish0x
My third full month on Publish0x is completed and it has been a bit up and down as you can see with my results below.
There were a couple of days where the site seemed to be ddos'd again and I had some lower views. But also generally I have written more Hive related articles compared to previously and this is probably not so interesting for the Publish0x audience.
Even so, I like writing on Publish0x as it gives a good gauge of your writing and allows for feedback and to earn some extra crypto. This month I had increased earnings than usual as I was on the first prize list for the Uplands competition and won a $50 prize.
Therefore, you can see that the collapse in Statera has lowered the earnings by nearly half as the token has become almost worthless. This is a shame and it would be good if they would replace this tipping token.
My follower count is steadily increasing and I am generally happy with my progress but this is a good motivator to try and improve my articles for the future.
Statera=400,1643
Ample=8,0489
ETH=0,02567687
Publish0x total = €57,86
Read.Cash
This is now my third full month on read.cash and I have published an article every day. I gained 11 subscribers in May and also my first sponsor.
I earned 0.18733430 BCH in May which is €32,41 which is a slight improvement over last month. I did however withdraw some of the earnings to the wrong account and it is lost. It was around €5.
Read.cash Total = €32,41
Hive
This month I have been publishing usually 2 articles a day and have increased my engagement with curation and commenting. A lot of my growth has come from increased curation because of my power-ups. My authorship values are quite flat.
Hive = 147,83 Hive and 58,37 HBD ($133,53)
Hive-Engine = 57,62 Hive (€28,02)
Hive Total = €125,34 + €28,02 = €153,36
Dreemport
This was my first month on Dreemport and I am still getting used to the site. It has a very friendly admin team who has helped me get settled and given tips to improve posts to ensure compliance with copyright and other topics.
Here you are mainly driving traffic to your posts and doing some curation. You curate 5 articles per day and rank them in order of writing quality. This is also great to help you think about improving your own writing skills.
I have been rewarded with DREEM tokens that are available on the Hive Engine and they have the best ask price of 0,01 Hive currently. They could be worth more in the future as the project grows. Currently, I'm not sure what to do with the tokens so have sold them initially, but may reconsider that and hodl them for the future.
In May I earned 270 DREEM tokens. I hope this number will grow for June.
270 DREEM = 2,7 Hive
Dreemport Total = €1,31
I put this in just for reference but will not include it in the total figures as I think it is double counting the Hive-Engine income from above.
Blogging Total = €215,61 (+40,9%) vs €152,97 last month.
Socials
Noise.cash
Noise.cash is an alternative to Twitter and it is my third full month on the platform. This month I have gained an extra 16 followers and now have 37. I earned 0.03562385 BCH which was my best month yet.
I am usually just posting once or twice per day so that I don't spam.
Noise.cash Total = €6,16
Torum
With Torum I have been active every day and collecting the XTM. There is a withdrawal restriction until you reach 500 XTM. So far I have 58 followers and earned 27,81 XTM vs 39.69 XTM in April.
My earned XTM is lower than last month but also the XTM value has continued to collapse so my earnings are only 25% of last month.
I haven't really spent much time getting to know Torum, but there doesn't seem to be much opportunity there although it seems quite active. I am closely monitoring if I will discontinue here and focus my efforts elsewhere where it could be more productive.
Torum Total = €0,96
LunarCrush
With the very low returns and not such a good reward system, I have decided to abandon Lunarcrush.
Socials Total = €7,06
Staking & Cashback
Crypto.com
I don't really have much crypto staked, so the earnings are quite low. From next month I will have currently 0 staked, so may not get any interest. I have also stopped using the cashback card with the reduced rewards makes it less attractive. I am sitting on some heavy losses from the collapse in CRO price. I will need to do some serious hodling there to recover, but I have a plan to stake my CRO in Defi for 12% returns to attempt that.
I got my first HBD interest payment and I can see by the accrued amount that next month it will be twice as much, so that is some great growth!
BTC Total = 0,00001936 (€0,54)
CRO Cashback = 10,2912 CRO (€1,74)
HBD Interest = 0,990 HBD (Accrued is 1,775 HBD) (€0,93)
Total Staking/Rewards = €3,21
Surfing & Search
Presearch
It is my fourth-month using Presearch. This month I used Presearch a bit and my PRE amount earned was double from last month. My PRE balance is 107,36 (+34,84). I'm unsure whether I should also count this as income just yet because of the 1000 PRE withdrawal limit and the unknown gas fees to withdraw. Probably it will take me at least 1 or 2 years to get to 1000 PRE.
Despite some dips in the market, PRE has remained relatively stable and my earnings increased nicely from last month.
Presearch Total = 34,84 PRE = €3,38
Brave
As the value of BAT is so low and I have not used the Brave browser very much, I have given up to collect BAT right now.
BAT Total = 0 BAT
As the surfing and search values are so low, I'm not sure that I will continue them on into the future months and instead focus my energies elsewhere.
Total Surfing/Search €3,38
Blockchain Email Marketing
ListNerds
Another month passed and it was my first month as a premium subscriber to ListNerds. It was a pretty good month with lots of learning and this month I have decided to upgrade to the Enterprise level. It's a really big move as you need to send 2 emails a day and I don't come from any marketing background.
What I like about it though is that it is more content marketing and great to promote your own blog. Whether I will manage that in May, I will find out!!
I needed to invest $97 for the premium membership but I hope that it will give my ListNerds earnings a nice boost. So my path was 1st month as a free member, 2nd month as a premium member and now I've gone for the top subscription package for my 3rd month!
There is a 10-week unstaking period before your Listnerds tokens become liquid and you can sell them. So far I have
In April I earned 1650.493 ListNerds tokens which require 10 weeks to unstake them before you can sell them. At the moment I leave them staked and earning more ListNerd tokens.
The lowest bid price for Listnerds tokens is 1,5 Hive on the Hive-Engine but whether that price will still be available if I unstake some tokens is not clear yet. I am cautious to put a value on the tokens at the moment, but they could be theoretically worth 2475 Hive or €1184 which is a pretty good stake.
As the tokens require unstaking and the price is unclear, I will only include the value of ListNerds that I have actually made liquid in my earnings. So the bag value can act as an accrual until then.
ListNerds earned value in May based on the highest asks price Total: €1184
ListNerds sold: €0
Summary
May Crypto earnings total = €257,28 vs €291,35 last month.
That's my total crypto earnings in May. Not bad for my fifth month and a nice accrual is building in ListNerds.
I need to also consider my costs and that was 30 Hive (€14,59) to pay for ListNerds in May. In June this will be much higher with the Enterprise subscription.
My goal is to earn 2ETH per month @ €1704 vs €2624 last month. My goal is to get easier with the falling price of ETH. This means I am now 7,5% towards completing this goal vs 5,6% last month. Hopefully, the progression will keep growing.
How was your May?
Thanks for reading and I hope it inspires you on a journey to crypto-financial freedom too!
Resources:
Title image created in Canva using source
Sponsors:
Let's connect:
Twitter: mypathtofire1
Noise.cash: mypathtofire
Discord: SteveHodl#6998
Resources
Dreemport sounds interesting, I hadn't heard about it yet but will check it out, so thanks for the heads up!