Everscale Partner
There are different ways to make money in the cryptocurrency industry. At the same time, given the active pace of industry development, earning methods that worked a year ago may not be the best idea at the moment. Therefore, we decided to write about the ten best ways to earn money that are relevant for 2019.
1. Affiliate Marketing
So, we have come up with a way to make money on cryptocurrency number one – affiliate marketing. There are many offers for affiliate marketing related to the promotion of exchanges, gaming sites, cryptocurrencies, etc. You can even get $ 10 just by inviting friends to register for Coinbase. If you are truly determined, you can register your family members on different platforms and give them some of your income.
Affiliate marketing works best when there is a large audience, so becoming a crypto-influencer and monetizing traffic through affiliate marketing is a very reliable strategy for making money.
2. Search for a bounty
If you go to the “Services” section on bitcointalk.org, you can find many posts with the heading “Signature Campaign” (“advertising in signatures”). These are offers from companies wishing to promote their services or products by mentioning them in your signature on the bitcointalk forum. Although this requires a pumped account – a newbie will not work – it does not take so much time to increase the activity and rating of your account. Just create an account on bitcointalk.org and write something once a day – and in a few weeks your rating will allow you to participate in advertising campaigns in signatures.
There are also other types of bounties, such as transfers, posts in your accounts on social networks, registration of accounts, etc. All these are simple ways to earn money with a minimum of effort, you only need to spend time looking for such offers.
3. Organization of conferences
Why do you think so many cryptocurrency events are held in the world? Because it is a machine for making money. If you are able to cover the cost of food and rent a room and properly advertise your conference, then one event can bring you a six-figure profit. To conduct a cryptocurrency conference, you need an experienced marketer and organizer, but if you have the skills to work with people and experience in organizing events, then you should think about starting with a small meeting in your region and later moving on to a full-fledged conference.
4. Find a job in the cryptocurrency field
If you are fond of cryptocurrencies, you can try to find a job in this area. On sites like CryptoJobs there are many vacancies for cryptocurrency developers, marketers, managers, copywriters, etc. Currently, many vacancies with payment in cryptocurrency appear on traditional freelance exchanges like FL.ru or Upwork.com.
5. Cryptocurrency mining
Now is not 2014, when you needed to buy expensive equipment to mine Bitcoin. Today you can mine cryptocurrency simply by installing the application on your phone. For example, you can download the Electroneum cloud mining application. It is enough to go into the application once every few days, and over time you will accumulate coins that have real value. You can even invite friends and receive a percentage of their income. Also, it is possible to mine by providing space on the hard drive, rather than the processing power of the GPU.
6. Become a project consultant
Do you have a college degree? Have experience in project management? Consider joining a cryptocurrency project as a consultant or representative. You may be offered a share in the project or, if you’re lucky, a monthly fee. Even if you do not have fame, experience in participating in projects may be enough to be useful. Most crypto projects consist of small teams that need any help you can get.
7. Become a crypto-influencer
You can start uploading content on any platform and build an audience. It can be Twitter, YouTube, TradingView, etc. You can attract a sufficiently large audience if you have high-quality content that people are interested in. Having increased the audience, you can monetize it and receive money for your content. In this method, the most difficult thing is that it takes time to build an audience, and you need to work systematically.
8. Trading with bots
One of the easiest and most passive ways to make money on cryptocurrency is to use trading bots. Using trading bots is safe, and you can set a threshold for the size of transactions. If you already have experience in cryptocurrency trading, but you have not used trading bots, I highly recommend at least trying it.
9. Revenue sharing platforms
Revenue sharing platforms like Steemit and Pocketnet reward users with tokens for quality posts. These tokens have value and can be cashed on the exchange, like any other cryptocurrency. If you are already a member of discussion platforms such as Reddit and write a lot, it might be a good idea to devote some time to the above platforms, as the time spent can start to make you money.
10. Cryptocurrency games
It was popular in 2018, but today you can earn thousands of dollars by playing blockchain-based games where you can earn rewards with tokens. There are pyramid games where everything depends on luck, and there are games like Huntercoin where users can collect virtual coins that can be exchanged for cryptocurrency. There are also games like CryptantCrab, where there is a market for selling in-game items for ETH.
