Should I Take A Tier 1 YouTube Channel And Put Multiple Tiers On It?

In episode 111 of the weekly Hump Day Hangouts by Semantic Mastery, one viewer asked if it is okay to take a Tier 1 YouTube channel and put multiple tiers on it when optimizing videos.

The exact question was:

Merry Christmas to all of you IFTTT nerds out there! I have a question that probably has been answered somewhere but I missed it. I have only done branded tier 1 rings around money sites so far and have used the money site tier 1 YouTube Channel as just a placeholder for all the link profiles. Can I take that tier 1 YouTube Channel and put multiple tiers on it or leave it as is and start another related YouTube Channel and add as many tiers as I want to it? If so, does that new Channel link to the money site and is it a Branded Channel that matches the money site? Thanks again. Love you guys and what you do! :P