Two full years into this mess, and maybe, potentially, knock on wood, fingers crossed, pray to your deity of choice; we may be seeing the end of the lockdowns and restrictions.
A lot of places are operating at 100% capacity, the vaccine mandate is being made optional to enforce (read: No one's going to enforce it as it would cause a competitive disadvantage), and there's talks about the mask requirement being lifted in the near future.
But hey, you're not here for that. You're here to hear about what wacky hijinks my projects have been up to this month.
For February, I broke just above $1k in revenue, and my investment portfolio saw a healthy recovery of 12%. Not bad for the second month of Q1! Although, comparatively, it's almost half of what I did in February of 2021 ($1900).
- $664 from Nicehash, a strong performer as always
- $96 from Youtube ad revenue, expected from post-holiday RPM drop
- $70 from Print on Demand (Redbubble & Society6)
- $42 in 3D print sales via Shopify, marking the second month in a row I've generated revenue!
- $31 from flipping. Would have been more, but I had a return for a defective item from the previous month
- $31 from 3D print on demand sales via Shapeways
- $26 from Amazon Affiliate sales via Youtube video description links
- $16 from mining & value increase of Signum (hard drive mining token)
- $10 in net dividend gains from stock investments
- $7 net gain from automated trading and affiliate commissions on Binance/Bittrex
- $5.72 from 3D model sales via MyMiniFactory
- $0.55 value/mining increase of Lbry tokens from Odysee... haha
I think this is one of the very rare months where I've had a net gain with my automated trading bots on Binance & Bittrex... although, admittedly, this is mostly influenced by ongoing commissions from affiliate link signups on Binance.
In fact, I sat down and did the math on how much affiliate income I've earned on Binance... turns out it's a LOT.
At the time of writing this, that total lifetime commission affiliate income of 0.01915342 BTC is worth $946.
I think I've found a sleeper project, and I intend to move this to the forefront of my crypto-related projects. I originally got to this amount by being, erm, rather spammy with a bot I wrote that replied to Twitter posts. But now I want to expand on this going forward, because I think this has the potential to be one of my biggest & best earning passive income projects if I can build up the number of sign-ons with my link (107 at the time of writing this).
If I can ramp up my affiliate signups, this has the potential to outclass my Nicehash earnings very quickly.
Jumping back over to the actual trading bots:
I think I've thought of a huge improvement to hopefully get the bot making winning trades more frequently. I'm thinking of instead of tracking the actual profit from trades, while live testing all strat/trading pair combos; I'll instead just track the ratio of winning trades. And select the strategy/coin pair based on that, rather than sheer profit. This will hopefully eliminate false selection based on random ridiculous test results where it recorded 1000% gain from a new listing.
One rather critical item I need to get on, is implementing the new API for Bittrex, as the v1.1 stops working on March 3. I had already started working on the V3 API implementation, so I should likely get on that...
I'll also need that for my manual Coinsquare trades, as Bittrex is what I query for coin prices for my tipsters. Currently, I'm down by -17.71%, an improvement over last month's, as I continue to make winning trades and recover what I spent on my wedding.
I had purchased a replacement fan to repair one of my GPUs that needs it; but I wound up ordering the wrong size fan... guess I need to buy another one. Actually, I have many GPUs that need replacement fans, so I think I'm going to do a massive mining rig repair & fix up for March.
For my Hard Drive Mining implementation, I continue to march toward completion of that project; 5/7 rigs are fully outfitted & mining away with hard drive stacks, while the sixth is currently plotting the drives to get set up & mining. As I continue to commit Signum as part of the hybrid Proof of Capacity/staking mechanism for mining, I'll see a hopeful exponential curve in my earnings.
On Odysee, although my videos continue to mirror there from Youtube, I'm not seeing any growth there. My Lby tokens have been relatively static for a while now, but hey; at least it helps me grow a bit of an audience there for minimal/no extra work needed.
Speaking of Youtube. Last month, I recorded a dip in metrics; that continued throughout Frebruary for a bit before starting to reverse and begin climbing again (let's hope this climb continues):
I put out two videos this month; the Lessons Learned from the January camping trip, and the trip video from my February trip. While I'd like to stick with a consistent one-a-week schedule, I'm really trying to focus on making quality over quantity, and be more cohesive with my chosen niches (as well as lean more heavily into the adventure type videos as previously mentioned). I'll have a stretch goal to do 4 videos for March.
Last month, I reported that the Cybertruck was delayed (which is to serve as one of the tentpoles of my Youtube channel; the other being backpacking on electric rideables). This month I've got some updates. Based on an internal employee's comments and the testing that we're seeing, it looks like Tesla is aiming to get everything all set up and lined up to hit the ground running with production as soon as the year rolls over into 2023, meaning that likely, I'll take delivery of my Cybertruck sometime around March, or exactly one year from now!
In the mean time, I've had some ideas percolating around for other content to add to the channel in close proximity to my existing chosen tentpoles. Not sure if I'll proceed with them, so I'll refrain from discussing for now (gotta build up that hype).
I also want to re-jig my Patreon yet again; I've decided to massively simplify and drop a lot of the tiers and have one or two simple ones; like the 'Cybertruck Support Fund' type thing
Youtube metrics for February:
- Published two videos, one shy of the targeted 3; but in line with expected minimum monthly uploading
- At 4,905 subscribers; up 177 over last month
- Subscriber growth rate: 3.7%, down over last month's 5.23%
- Average daily views throughout February: 578, down from last month's 722; or a decrease of -20%
- Average daily subscribers: 6, down significantly from last month's 8
As I mentioned, it declined throughout February, but over the last week or so has picked back up again. Hopefully March is a month of growth.
Additionally, not long into March will see a major milestone--5,000 subs!
Switching over to the 3D printing side of things; this is the second month in a row where I've generated revenue on Shopify! I continue to see the daily visitor count slowly creeping up (still in the single digits). I will continue to update & add new listings to the store as I add to my catalogue! I'll eventually also re-add my Ebay and Bonanza sales channels; but for now, the focus in Shopify.
I did alright on Shapeways this month; and sold two models on MyMiniFactory. I'll continue to add to these, as I find coming up with new ideas for these venues much easier than artwork for Print on Demand.
Print on Demand continues to do okay post-holidays; but I always struggle to come up with ideas. I've sold a few flat tri-color patterns, so I might refocus on that and the simple armor patterns. Simple usually winds up being better. I think I'll focus on the trifecta of quotes, patterns, and tri-color designs.
I got to work on implementing a new sales channel for print on demand stuff; currently in the process of finishing the Spreadshirt signup process (need to send in my signed tax form) and need to start uploading some of my back catalogue.
Okay. Let's take a look at the work items I set out to do in February:
- Three new Youtube videos for Mike in the Woods
Only two, but meets my minimum monthly output target - Acquire three hard drives for, and get operational, Signum Mining on Mining Rig 005
Drives acquired, actively plotting right now prior to setup on mining rig - Maintain 200 active flipping listings
Completed - 2x new artwork Print on Demand listings
Not completed. Will proceed under new focus in March - 2x new 3D Model listings for 3D Print on Demand & Model sales
Completed - Minimum 5 new/updated listings on Shopify storefront
Completed - 3x 3D Model listings on Turbosquid
Completed, but will abandon this platform as it has no synergy for 3d printing - Replace failing fans on RTX 2060 on Mining Rig 003
ordered wrong fan, retrying this month - Investigate & start implementing one new 2D Artwork Print on Demand sales channel
Started (ongoing) - Spreadshirt - Review Voskcoin videos for potential new Cryptocurrency projects
Done
Okay, let's set my target work items for March:
- 3x to 4x new Mike in the Woods Youtube videos
- Maintain 200 active flipping listings
- Finish setting up Mining Rig 005 for mining Signum
- Begin acquiring hard drives (5) for final mining rig, Mining Rig 001
- 3x to 5x new artwork Print on Demand uploads, following focus on simplicity (quotes, patterns, tri-color designs)
- 2x new 3D model listings for Shapeways/MyMiniFactory
- 5x or more new/updated listings on Shopify
- Replace failing fans on Mining Rig 003
- Mining rig tune-ups: blow out heatsinks w/ compressed air, improve stability
- Finish setup of Spreadshirt PoD sales channel
- Begin back catalogue upload to Spreadshirt
- Implement Bittrex API v3 in automated trading bot
- Implement win/loss ratio for algo selection in automated trading bot
- Patreon overhaul 3.0
- Investigate ways to significantly push Binance referral link
A lot I want to accomplish, but it's all about prioritization and time management.
Now, for a look at my investment portfolio:
Nice & healthy 12.02% month-over-month growth. Still above where I should be according to the minimum 6.5% MoM growth target, but that gap continues to shrink. I'm just glad I had a positive month. Let's continue that trend.
Let's take a look at the portfolio weighting:
As you can see, if shifted, slightly, in favor of crypto, as the stock values dropped but crypto went up.
If you find these posts helpful, and you were interested in cryptocurrency, try signing up for Binance! It's a widely-known cyrptocurrency exchange (think stock exchange, but for crypto). It's free to do so, and by using my referral link we'll both earn 10% of any trading fees you pay.
https://www.binance.com/en/register?ref=WZKZ16ZW
See you next post!
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