Inflation has reached record levels, which means it’s now possible to make money online even if you’ve never done so. Thanks to the advent of cryptocurrencies like Bitcoin and Ethereum, as well as the appearance of entirely new platforms like TikTok and Instagram, people are finding ways to earn income from home in ways they never could before. Having a look at the latest viral trends, it’s easy to see how much the world has changed in just a few short years.
The Growth Of Online Platforms For Micro-Transactions
Deciding to make money online isn’t easy. Although there are plenty of opportunities out there, finding a trusted site that won’t scam you can be a challenge. Fortunately, the web has decided to help and has provided platforms like Bitcoin and Ethereum that allow for all kinds of transactions, including micropayments. What this means for you is that you no longer have to give a traditional bank account number and all of the relevant information needed to make a purchase. Instead, you can use cryptocurrencies like Bitcoin and Ethereum for all of your online transactions, and leave the tracking to the platforms themselves. Most Bitcoin wallets and Ethereum wallets make use of this feature, and it makes spending online much easier and more convenient. The catch is that you need to own either Bitcoin or Ethereum in order to make use of these features.
New Income Sources From Old
Even if you’ve decided to make money online, it doesn’t mean you need to stop existing offline. Thanks to the wealth of information available online, it’s now possible to set up shop in any number of industries online. Although many people are now turning to affiliate marketing to supplement their income, you don’t necessarily need a website to be an affiliate. In fact, you can work remotely as an affiliate salesman, earning a commission when someone clicks a link or makes a purchase after being presented with a branded product or service.
Crypto-Curious Create Products In Their Spare Time
If you’ve decided to make money online, but aren’t sure how, then it’s time to get creative. Thanks to the rise of platforms like Tezos and Ethereum, creative types have found a way to create decentralized applications (dapps) that can be monetized. Although initially these platforms were only accessible to developers, thanks to the efforts of the crypto-curious, everyday people can now get involved in crypto creation. The best part is that this can be done in your spare time, allowing you to supplement your income while still having time to spend with your family. As more and more people get involved in creating dapps, the income opportunities for those who can write code will only increase.
Make Money Via Digital Art
Although many people are turning to cryptocurrencies to make money online, others are taking a different route. Being creative and having a digital art background, it’s now possible to make money online via creating unique pieces of artwork for the crypto community. Whether you’re an experienced artist or this is your first time creating something artistic, it doesn’t matter; there are plenty of opportunities out there for anyone who is willing to put in the effort. This is a great way to earn a passive income stream and can be done in a variety of ways, allowing for some flexibility.
Make Money As A Tester Or Quality Assurer
Finally, we have freelancing, an old school way to make money online that isn’t going anywhere. Although the opportunities within this space have changed a great deal in the last decade, from copywriting to SEO to reviewing products and services, there are still plenty of freelance jobs out there for anyone who is willing to look. Even better, these days you don’t necessarily need a website to get started with freelancing. Thanks to platforms like Fiverr and Upwork, which connect contractors with businesses looking for help, getting started as a freelancer isn’t as difficult as it used to be. The important thing is to find a niche and build up a library of references and case studies that you can use to gain freelance work.
Make Money With A Dropshipping Business
An entrepreneur named Travis Petersen decided to give freelancing a spin and turned it into a full-fledged business model he called dropshipping. Simply put, with a dropshipping business you don’t need to have a physical product to sell. You simply need to have a warehouse full of products you can ship to customers. Once the customer makes a purchase, you mark the item as sold and send them a shipment of whatever they’ve purchased. In most cases, the customer will receive their product within a few days, with most retail delivery services able to handle large-scale dropshipping quite easily.
As more and more people decide to become active participants in the crypto space, the opportunities for those who know how to code will only continue to grow. Although this is the perfect option for those who want to be able to spend more time with their families, the flexibility to work remotely and the potential for extra income are strong incentives to consider this route.
Hopefully, these suggestions for ways to make money online will inspire you to find your own creative ways to earn a living. Remember, if you’re looking to make a quick buck, chances are you’ve been scammed online already. It’s now possible to avoid that by vetting your affiliate sales partners carefully and keeping your financial information private.