This is my weekly rewards report for the #MyHiveGoals challenge put out by @robwillmann.
With this account I want to show that it is possible to build an online business/investment portfolio without any fiat money invested at the start.
My goals are:
- 500 hive power
- 10000 ctp staked
Currently my holdings are:
- Hive Power: 133,942
- CTP: 3190
- curation APR: 5,9%
Hive Power goal: 26,79%
CTP stake goal: 31,90%
My Big Hairy Audacious Goal:
- Road to dolphin (5000 Hive Power): 2,68%
Growth needed to reach goal by the end of the year:
- CTP: 400,6 per week
- Hive Power: 21,533 per week
So many opportunities!
One of the awesome things about Hive and Hive-engine is that almost daily new opportunities for growth and earnings pop up and as a result I do quite a lot of things. The danger of that being that I am not focused enough on my goals.
Perhaps my goals were a bit too ambitious, because they were based on me winning some contests when I started, which gave me a good jumpstart for this project of becoming an investor for free.
My search for free ways to earn some extra income, yield farming if you will, has brought me to some interesting projects. I do have a sense that I am lucky in stumbling upon these opportunities in the right time.
Coinpot Faucets:
For about 3 month’s now I’ve been using the 7 coinpot faucets that all feed into the same wallet, which makes withdrawels possible almost every month for me. If you are interested, then check out This post
Swissborg bitcoin prediction competition
Then somebody invited me to use the Community app by Swissborg, which is a competition for predicting the price of Bitcoin in the easiest way possible: every day you simply have to choose if bitcoin will go up or down in the next 24 hours.
This costs hardly any time and I have so far collectes 600 CHSB. Tomorrow the rewards will be dramatically reduced, so I arrived in the right time to this app. I hope it will also mean that I can withdraw these CHSB tokens, since they represent a price of about 70 USD at the current price. Which is a lot if you get it for free :)
When Swissborg started this competition, the price of their token was very low, but a few month’s back it began a rally and so it has quite a nice price point. There is still a ranking for USD prices, so I will continue to daily predict the price of bitcoin. Hoping to get a few extra USD from that.
I really hope that I will be able to access these tokens soon and trade them for some Hive to power up.
Dcity
Then ofcourse I started a dcity, because dcity is one of the most profitable Investments you can make on this blockchain in my personal opinion. Do your own research and realize that this game is still in beta. Things can go wrong with it anytime, but if it continues like it has or better, then you should invest some time in it. I like it a lot, since it is perfectly fine if I don’t look at it for a few days.
Cryptobrewmaster
I have now also started playing cryptobrewmaster. I was hesitant at first, because I don’t want to play a game that costs me a lot of time. But at this stage, while it is still in Alpha-test and is not more than a minimum viable product, the rewards are great. And it does not require any investment. If the CBM price stays the same, then I suppose that within 6 weeks I will be able to withdraw 1000 CBM. Which is about 47 Hive at this time. Which will be used towards my Hive power goal.
Again, since this game is in alpha a lot can go wrong. But it is also hugely profitable and it does not require much time. If you want to try it, then sign up through this signup link, because that will give you some extra ingredients to start with.
So, what I decided to stop doing is trying to get some ROI on the old blockchain. Instead I am now powering that down and the first 47 Hive, has almost completely been used to grow my dcity for @elbrava. Sure, a profit can be made on the old blockchain, but it really isn’t worth my time when I see all these other awesome things happening.
The same thing for Blurt. Perhaps they will be succesful and still exist next year or even 5 years from now. If so, then likely their token will have appreciated in value. But I am not going to wait for that.
I was using some faucets pretty actively, but I won’t focus so much on that either. The time/reward ratio is just not good enough. Getting referrals though is worth it.
Freebitcoin faucet
I have now also one active referral on freebitcoin and I really notice the difference. So I have set up my account to now share 10% of my referral income with my referrals, based on their activity.
It is really cool that freebitcoin has a setting for this to do this even automatically every week. If I get some more referrals, then I will increase it more. At 10 active referrals, I will raise it to 25% profit sharing.
If that is interesting to you, then sign up below through the Start Earning Today program below. Freebitcoin is the first step in that program. After that it will show you some other cool ways to earn as well.
Conclusion
I guess what I’m trying to say is that it looks like my other activities are hurting my Hive power goal and my CTP staked goal, but I am hoping that some of them will actually help me achieve them. All without spending any fiat money.
What it has indeed hurt is my engagement a little bit and my blogging quite a bit. So I hope to refocus and get back on track with my blogging most of all and my engagement along with that.
Thank you for the support guys, you make all the difference. Let’s grow together!
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