It is the eve of 2018 and Bitcoin has reached the top of the mountain. The bad days seem to have passed. Although the Bitcoin bubble may occur at any time, no one is arguing whether this cryptocurrency will exist. The sooner you step in to make money from Bitcoin, when it becomes a globally recognized currency, you will have a better foundation within 5 years.
And, if the bubble scares you, then investing in Bitcoin is only one of the options, not the only option. Bubble or not, you can still make a lot of money from Bitcoin. Regardless of whether there is a bubble, the value of the future will rise because people are just participating in it.
Let you have a Bitcoin faucet
Income potential: From $50 to $800 per month.
Bitcoin Faucet is a project where you can create a website or application for users to access. You can use advertisements paid in Bitcoin to monetize the website. These ads need to pay a small amount of Bitcoin every time they are viewed, clicked or converted.
In order to encourage a large number of visitors to continue browsing the site every day and hour, you can choose to earn income from advertising and pay at the price of Satoshi, which is basically Bitcoin cents. To claim the bonus, users need to earn a certain amount of Satoshi and make a payment once a week.
The faucet pays 100,000 to 400,000 satoshis per hour. Some provide seniority or premiums for completing tasks.
Faucet started to solve the verification code problem, nothing more. A very boring passive income task. When users kill aliens, feed small animals, or kill robots to earn Satoshi, new taps are being built in the game. The more they advance in the game, the more money they make. Therefore, this is a good idea for your own faucet.
The day when every video game player gets paid is just around the corner.
Consider that Bitcoin faucets tend to default due to insufficient funds or liquidity. The owners of the faucet did not receive their payments fast enough to cover the rapidly growing user base. They also often become popular targets for hackers.
Generate passive income from your Bitcoin blog
Since Bitcoin is too new compared to other target content, there is still a lot of room for new blogs and websites. New businesses related to Bitcoin are emerging every day; Bitcoin exchanges, transactions, entertainment venues, faucets, online stores, and mining are all suitable for your advertising space.
Creating a Bitcoin blog and monetizing may be slow at first, but the continuous release of rich content will make many advertisers interested in no less than 9 months.
You can join some membership programs or set up your own bitcoin store. For each recommendation, Bitcoin faucets, wallets and exchanges have to pay high commissions.
Small gains from Bitcoin faucets
My first suggestion involves creating your own faucet. If this is too difficult, try to join one of them and benefit from it. Rather than earning around $800 a month, monotonous tasks may cost between 30 and 100 dollars a month, but this is still money and the first step in starting a bank.
Please note that Bitcoin faucets are prone to failure and will disappear quickly. Therefore, make sure to join some well-known companies such as Robotcoin.com and BitcoinAlien.com. These are also very interesting, because you can play games while playing, my most recommended is robot coins.
Create an online store for Bitcoin products or services
Bitcoin is still difficult to monetize through the U.S. dollar and other hard currencies. It’s not that this is very difficult, but that some fees and taxes are charged for the process. Although it is still one of the cheapest ways to send money anywhere in the world.
Buying things with Bitcoin is a great way to make them useful and helps to skip exchange fees and taxes. Especially if you can resell these items and convert them into cash.
There are great business opportunities to sell or wholesale goods paid in Bitcoin at low prices. All you need is a Bitcoin merchant in Shopify or WooCommerce stores (such as BitPay.com). Shopify already comes with BitPay.