How to Make Money Online for Free (and Make It Last)

We all know how difficult it can be to find honest work online. Thanks to the COVID-19 pandemic, many traditional jobs have shifted to the cloud, bringing with them a new set of opportunities and ways to make money.

One of the best examples of this is the growth of cryptocurrency trading. Since the beginning of this year alone, the price of Bitcoin (BTC) has more than tripled, reaching a high of almost $20,000 per coin. Interest in cryptocurrency exploded as millions of dollars were poured in, creating a demand for those who could provide a capable service.

If you’re looking for ways to make money online during the pandemic, then you’ve undoubtedly considered cryptocurrency trading as a way to utilize your computer’s spare capacity and get paid in Bitcoin (or another popular cryptocurrency such as Ethereum or Ripple).

While it’s certainly a viable option, there are also other ways to make money online without any initial investment. You may, for example, want to consider trading signal services. For just $5 to $10 per day, you can get access to the sophisticated tools and tech that professional traders use to find winning trades and signals. You’ll be able to use this software to identify trending topics, watch lists and technical analysis tools, among others.

If you go this route, make sure that you verify the account before you sign up. You will then have access to all the available signals and can start profiting from short-term trading. Using a tool like MetaTrader 4 – or better yet, MT 4 for free – you can open a practice account and experiment with a 100 dollar worth of BTC. Remember, it’s always better to start small so you don’t run into any problems later.

The Rise In Demand For Data Analysis And Forecasting

One of the most in-demand skillsets right now is data analysis and forecasting. The demand for professionals with this skill has increased by 37% in the last year alone. With almost everyone working remotely, there is a great opportunity to pick up some extra cash online with the help of a few strategic marketing plans or surveys. You can, for example, take online marketing surveys for a living which pay up to $500 per month. You’ll simply need to have a reliable connection and the capability to answer multiple questions.

The Boom In Online Travel

Tourism is one of the industries hit hardest by the pandemic. Travel restrictions and quarantine rules have limited the number of travelers and restricted the size of group travel. This, in turn, has led to a decline of 13% in airline traffic compared to 2019.

However, the demand for travel has not diminished. In fact, it’s increased due to the widespread availability of travel restrictions and safety measures. Those who are able to work remotely have the opportunity to take advantage of this travel demand and start buying and re-selling tickets on online travel platforms such as Expedia, Kayak and Travelocity.

You may want to consider focusing your efforts in one of these industries as a way to make money online during the pandemic. While some may prefer to stick to what they know, the opportunity to make money online and the demand for talent is greater than ever before.