Monday, 29 June 2020

Note to Self 2

A figure on how much I can expect to make with trading bots....

"If you are looking to make 3-6% per year on your crypto holdings with a trading bot, you will probably find something that works for you. There are many low risk trading strategies that do produce returns, and an algo will make sure that you don’t lose your discipline lunging for the brass ring."

From: https://blockonomi.com/bitcoin-trading-bots/

Saturday, 27 June 2020

How to invest in real estate with little capital

"So how can you gain the benefits with little capital, or while not living in an ideal location?
The answer is: investing in companies that hold useful real estate worldwide. These companies are called Real Estate Investment Trusts (REITs). There are many of these companies and some are better than others. But the general idea is that they purchase valuable real estate with residential, commercial, or industrial purpose and then earn steady returns over the years by leasing it to people or business."

Tuesday, 26 May 2020

Note to Self 0

"There are many different kinds of bots to suit different market conditions and individual needs. Different types of bots are known as different strategies.
For example, "scalping" is a strategy for making small but consistent profits in a sideways market. A "scalping bot" would be designed to automatically place the trades required to shave those profits out of the market. Scalping could be the right strategy for a sideways market, but wouldn't be ideal in a more bullish or bearish situation.
So the first challenge is to know which kind of strategy to use at different times. The second challenge is to find a bot which can effectively execute that strategy based on market activity and signals."

Wednesday, 22 April 2020

Current Plan

I've been thinking....I will put my cap at 30K on my frontline for cryptotab. And at this point I will cap all of my 'risky' investments. I will then divide what i earn from then on into two 'streams'. The first stream will be what I make in fiat from hard labour. This money I will divide into the following proportions: 2.5% to charity, 7.5% spend money, 10% back into risky investments,  30% into moderate-risk investments such as shares, and 50% into absolutely safe investments like a basic savings account in my local bank. The second stream will be what I make from crypto. This I will divide into the following proportions: 20% back into my freebitco.in account to earn interest, 80% I will sacrifice to my trading bot. Of that 80%, I will put what I make in bitcoin back into my freebitco.in account to earn interest, what I make in fiat I will divide 10% back into risky investments, 30% into moderate-risk investments such as shares, and 50% into absolutely safe investments like a basic savings account in my local bank. This I will do until I reach 50K per year in absolutely safe investments.

Wednesday, 1 April 2020

PTC Raid #1

Yesterday on a whim I decided to create a PTC(Paid To Click) ad on the Cointiply advertising network. For those of you not in the know, Cointiply is one of the web's highest paying bitcoin earning sites where you earn 'coins' for undertaking various tasks such as rolling a faucet, taking surveys, and clicking on PTC advertisements. These coins can then be cashed out as bitcoin to your wallet and you can earn anywhere from 2000 satoshi to 50,000 satoshi per day just from taking surveys. 


Earn Free Bitcoin

The ability to take surveys daily can be quite lucrative as discussed in a previous post, however what we will be discussing in this particular blog post is Cointply's PTC feature. 

Cointply PTC is a page, updated once, sometimes twice a day, that pays Cointiply users a small amount of coins in exchange for visiting the websites advertised on the page for set periods of time. Cointiply users can put the coins they earn to use on PTC advertising campaigns and it is this ability to fund campaigns using site credit rather than having to deposit funds using your credit card let's say that makes advertising on Cointiply so attractive and why I got round to experimenting with it sooner rather than later.

In order to create a PTC ad with Cointiply, simply enter the link you want to get targeted traffic(related to earning bitcoin)to, and purchase a fixed number of impressions(it costs 13,000 coins for a 1000 views). Enter a title and description, then submit your ad for approval and before you know it you will have gotten 1000 views to your website.

For my very first ad I wanted to see if I can attract some users to my Cryptotab mining network. Cryptotab is a fast, lightweight browser that mines Monero while you surf the web and pays you in Bitcoin. Being a stable and entirely passive form of income with 10 levels of referral it is an extremely attractive product to undertake affiliate marketing with.


  
I purchased 1700 impressions for 23,000 coins(roughly equivalent to $2), put my title as "Cryptotab: The world's first mining browser", my description as "Earn bitcoin passively, right from your browser. 10 levels of referral.", and used the following landing page:



I expected to get at least a few downloads, and maybe 1 or 2 people using the browser to mine. The actual results turned out as follows:



As you can see from this screenshot, out of 1997 visits to my landing page, 15 people downloaded the browser, and out of these only 5 people actually installed it. Furthermore out of these 5 installs, only 1 person committed to actually using the browser. 

My interpretation of these results is that not all interest generated in the advertisement will actually convert to persistant use, a certain percentage of 'bites'(to use a fishing term) will download the browser and forget about it. Even out of people who get round to using the browser, there is a difference between the person who uses the browser once or twice and finds it doesn't suit his needs, and the person who not only persists in using it, but recruits other people to use it as well(thus adding to your referral income). The latter user, I term the hardcore user, and it is this type of user I aim to attract via my marketing campaigns and my blogging efforts.

In future posts, I will experiments with different ad networks and landing pages. These are:

BTCClicks.com Banner

coinpayu


What all these PTC sites have in common is the ability to put what credit you have earned with the site from visiting PTC ads, back into your own PTC campaigns.