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My Satoshi Earning Game Plan

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@chekohler
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Hey Jessatoshis

As you may know by now I am a pretty big Bitcoin bull, and all my cryptocurrency adventures are about adding to the amount of Satoshis I can earn each day. I've set up standing orders to buy Bitcoin

  • 1 order a month
  • 4 orders a week
  • 1 order a day

Buying Bitcoin every day and micro-dosing and dollar-cost averaging in means I can take advantage of the daily volatility and try to get more Satoshis from the fiat I put into the market.

However, buying can only get you so far and eating this elephant and growing my portfolio. Earning cryptocurrency through various means also helps me grow my holdings and reduce my cost per Satoshi over time.

For every Satoshi, I earn it cuts the cost of the Satoshi I buy by 50%, which is huge. When you take your eye off that ever-elusive 1 coin, it makes it easier and more enjoyable to stack Sats.

I've been sprinkling the Bitcoin I buy into various altcoins, staking coins, and earning cryptocurrency and decided to look at my current monthly returns from my active and passive crypto efforts and this is what I've been able to grow thus far.

Note: - This was calculated based on the BTC price of $12995.84

Active investing

MechanismUSD Value PMSatoshi PM
HIVE$270.310,021
STEEM$22.610,0017
LEO$260.100,020
BLURT$0.600,000046
Total$553.620,043

Passive investing

MechanismUSD Value PMSatoshi PM
CEL - BTC$1.040,000080
CEL - MATIC$0.780,000060
BlockFi - BTC$2.040,00016
Cointiply$19.500,0015
Free Bitcoin$7.800,00060
Crypto.com$6.400,00049
Total$37.560,0029

Crypto gaming

MechanismUSD Value PMSatoshi PM
Splinterlands - DEC$3.300,00025
Splinterlands - Card Rental$1.020,000078
Total$4.320,00033

Staking coins

MechanismUSD Value PMSatoshi PM
BAND$0.930,000071
AWC$0.370,000028
TEZOS$0.570,000044
Kucoin$0.250,000019
NULS$0.200,000015
Total$2.320,00018

Yield Farming

MechanismUSD Value PMSatoshi PM
Uniswap - ETH$3.500,00027
Sun.io - TRON$6.620,00051
Total$10.120,00078

Running the numbers

  • Total USD earnings Per Month: $607.95
  • Total Satoshi earnings Per Month: 0,047

At the current rate without prices changing it would take me 22 months to earn 1 BTC worth of Satoshis. As we know this isn't the case, prices change, interest continues to compound, rates will change, and it will throw all these calculations off by a fair bit.

What I do think is important is looking at which mechanisms are bringing you satoshis, how you can improve the return, focus on your winners until you max them out and keep pushing for a higher return each month. Each time I increase my monthly Satoshi return, it reduces the amount of time needed to earn an additional BTC from this portfolio.

Have your say

What do you good people of HIVE think?

So have at it my Jessies! If you don't have something to comment, comment "I am a Jessie."

Let's connect

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