My online earnings Week 16 - Going Down the DeFi Rabbit Hole

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(Edited)

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Intro

Late 2020 I decided that I would give myself until the end of 2021 to try and earn at least $250 a week online. Mainly focused on earning crypto since it is easier, more interesting and has potential to be worth even more in the future.
If I manage to achieve my goals before the end of 2021 I'm considering dedicating my self full time to this endeavour instead of looking for a corporate job once I finish my bachelor in economics.
To keep me accountable and also to have this adventure registered forever on the Hive blockchain I will be sharing my weekly results and some comments about it with you every Monday (Sometimes Tuesday).


How much have I made last week:

For a total of: $105,33!

Great Monday for crypto after some scary times constantly seeing the price dip further and further we finally see it turning around. I took that chance to buy some more crypto and take a deep dive into DeFi!

I wasn't able to post as much as I wanted this week because I decided to finally jump into the DeFi rabbit hole. I started using CUB when it first came out and after learning a little bit more about it I got hooked. So I withdrew some of my free earnings from Betfury and Steem and invested them into some other DeFi projects to diversify my investments. I learned that there are some projects that automatically compound your investments so naturally I had to try them out: Autofarm and Harvest.finance seemed to be the more reliable projects out there so those were the two I went with.

I would prefer to use ETH network because of decentralisation but the fees are just too high for my tinny investments at the moment so I was "forced" to go with the Binance Smart Chain instead. My objective is to invest enough to earn me at least $10 a day completely passive.

I've learned a LOT this week and got into some scary situations while moving my crypto around with Metamask and having to input the tokens contracts manually. Luckily the crypto community tends to be very helpful so I quickly found someone willing to help me out whenever I was stuck.


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My objectives for next week:

Sorry for that animated header, I think I made it refresh too often. I'm having some fun with canva and finding ways to make my posts slightly better but it takes experimenting to get better at it. I've been meaning to improve this weekly post for a while now and I think I'm going to be more specific with my goals and try to make it more interesting from the next week onwards. Maybe even a consequence If I fail more than X objectives.

  • Post 5 times on Hive / Leo.
  • Comment 50 Posts.
  • Exercise 3 Times
  • Read 8 Chapters
  • Keep learning about Defi.

As always if you want to learn more about my journey check out my website!
Hope you have a great week. See you next Monday!

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Posted Using LeoFinance Beta



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3 comments
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Glad to hear you got the help your needed.

I'd be interested to hear more about what you learned this week. That might be helpful for all of just dipping our toes into the defi space.

Posted Using LeoFinance Beta

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That is excellent. I am really liking Noise.Cash these days.... so much BCH every day.

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