https://apps.shopify.com/quotify nearing $1k, earnings increase every month without doing any advertising. I also launched https://unlock.sh/ earlier this month.
Ask HN: Those making $500/month on side projects in 2022 – Show and tell
531–540 of 627 posts
Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell
#532I sell repackaged open source software on AWS Marketplace and Azure Marketplace and offer support as part of the monthly software cost. It's the same software but the Azure offer sells a lot better. Monthly income is about $1000 from both. Very few support requests come in, so it feels like mostly passive income. All I have to do is answer the occasional ticket and keep the images up to date.
Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell
#533Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell
#534Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell
#535Earlier quoted context omitted.
> Can you talk about how you advertise and got traction enough to get to $500/month? Pure dumb luck. I made the site to scratch my own itch many years ago, and then it took off because there were few similar sites at the time (that let you mix together different sounds). Only promotion I did was mention the site on reddit a few times. Users were prepared to tolerate a lot of rough edges at first. There has been zero…
> discover-interesting-website portals (the modern versions of StumbleUpon) Such as? Besides HN, of course.
Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell
#536Monetizing the algotrading models I've built over the last 2+ years: https://grizzlybulls.com I've traded them with my own capital successfully since April, 2020, and I've averaged 75%+ annual returns with much lower volatility than the overall market. My starting capital was small (500k) so in addition to growing with my own capital, I'm now providing the signals (3 free, 4 premium). 105 total members, MRR is curren…
"Over the last few years we have built and refined seven algorithmic trading models. I did work on this full time for over 2 years before recently starting a new job. I've traded them with my own capital successfully since April, 2020, and I've averaged 75%+ annual return. Monetizing the algotrading models I've built over the last 2+ years." Lot's of conflicts there. You need to polish up your story. Nobody, NOBODY i…
My models do not use any leverage, and they perform better in volatile markets than stable ones. In fact, the only way they can gain alpha is from avoiding drawdowns because during long signals they get exactly the same returns as SPX.
And yes, you are right, it is incredibly difficult to make a profitable bot. 2020 isn't the full story, that's when I decided to give it my full time effort of 80+ hour weeks.
As long as the bots continue to perform near the backtest, yes eventually I would become wealthy with them without other monetization, and as mentioned in other posts, a net worth in the high 8 figures, probably dwarfs what I can make with this website and service so I make no guarantees that it will always be around. That said, I'm enjoying running it and having real people use my product, and it does not hinder my own returns, at least not at our current scale.
Side note: FWIW I think it's probably harder to make a successful crypto bot than equity bot because crypto is far more speculative and doesn't have as much fundamental and macro backing it up--would have to be mostly TA, sentiment and there's bound to be more inherent randomness to the movements since it is so new and speculative.
Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell
#537It coded that website 8 years ago as a master's degree thesis. I am an investor myself, trying to achieve financial independence before retirement, so I kept using the site myself and hopefully will never stop. Stripe is there for the past year, I try to keep costs as low as possible. Only pay for a domain, hosting, and an affiliate program. It's a dividend growth investing tracker - digrin.com
Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell
#538Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell
#539I'm not quite there yet, but I'm up to $300/mo iteratively building an uptime checker: https://onlineornot.com/ I started with literally just a Lambda function that checks if static websites were still online, added an email alert if it's offline, wrapped authentication around it, integrated Stripe, and shipped it. Eventually, I added Slack/Discord/SMS alerts, team invites, support for checking APIs for both uptime a…
Going to sign up now.
Re: Ask HN: Those making $500/month on side projects in 2022 – Show and tell
#540I've launched a couple months ago https://linkz.ai Linkz.ai is hyperlink auto-previews that keep visitors on your website. It's heavily inspired by Wikipedia & Google Docs link preview popups with special extras. For example, when you click on a YouTube hyperlink, it does not take you to Youtube website, instead it opens lightbox with Youtube video on your website. All with just one line of code. $500+/m in a first m…