Instead of bumping into hundreds of threads asking for how to Earn Bitcoin, This post will teach you the known and established methods of earning bitcoins,
The methods are ranked by difficulty and skill level, and also ranked by risks.
For full context of this article see link:
https://bitcointalk.org/index.php?topic=1244332.msg12949095#msg129490951❱ Mini Earnings
Requirements: No skill, but a lot of boring work
Common Risks: Getting viruses and malware by surfing many sites
a) PTC websites: Click ads and get paid in bitcoin
b) Bitcoin Faucets: Enter captcha and get paid in bitcoin
c) Ad watchers: Watch ads or videos and get paid in bitcoin
d) Minijobs: Complete mini tasks and get paid in bitcoin
2❱ Writing
Requirements: English language, possibly other languages
Common Risks: Getting banned from the forum by posting 1 liner post spam or not getting paid , Copyright problems
a) Signature campaign: You put an ad code in your signature, and get paid in bitcoin. LIST OF CAMPAIGNS:
https://bitcointalk.org/index.php?topic=615953.0b) Translator: Offer your translation service to people who want things translated from english to other languages
c) Article writer: There are many news websites that want journalists to write articles about
d) Blogger: Make your own blog and write about stuff, put ads on it, and gain bitcoin
e) Tutorial writer: Write any tutorial, here in the forum aswell, and hope to get donations
f) Rewriter: Rewrite old articles or other manuscripts, some people will pay you for this, search the forum services board or the web for this
g) Copywriter: Write ads for bitcoin businesses
3❱ Mining
Requirements: Advanced PC knowledge, a starting capital to buy mining equipment, and knowledge about cryptocurrencies in general
Common Risks: Scammy mining pool, your mining equipment malfunctions, or you are just not efficient with mining and will lose money
a) Bitcoin Mining: Mining bitcoin via a bitcoin pool
b) Altcoin Mining: Mining altcoin via solo or via a pool
4❱ Services
Requirements: Some kind of advanced skills in a particular area so that you can give your services for sale
Common Risks: Getting scammed, Project dies
a) Escrow: You need a senior account with good reputation, and can be an escrow and earn bitcoin
b) Programmer: Sell your programming skills for bitcoin
c) Marketing: Help somebody promote his stuff, and get paid in bitcoin
d) Advisor: Offer your advising skills to somebody and earn bitcoin
e) Community organizer: Join a project and become a community organizer, the owner will pay you for doing it well
f) Other services from this forum:
https://bitcointalk.org/index.php?board=52.0g) Designer: Design ad banners, advertising material, videos or any other material that can easily be done for bitcoin
5❱ Products
Requirements: Some talent in an area so that you can create stuff and sell it or existing stuff for sale via a garage sale method
Common Risks: Getting scammed, Copyright problems
a) Garage Sale: Sell your stuff for bitcoin
b) Musician: Compose music and sell it for bitcoin
c) Video maker: Make videos and sell it for bitcoin or Host some show on a video streaming platform and get paid in btc
d) Other Artist: Create paintings, sculptures, etc.. and sell it for bitcoin
e) Book writer: Write a book or an e-book or any essay/article and sell it for bitcoin
6❱ Entrepreneur
Requirements: Entrepreneur talent, knowledge, a small starting capital and a good idea
Common Risks: Business fails, you lose your money
a) Find a product or service that is profitable to do and do it as a full time business in bitcoin
7❱ Investing / Trading
Requirements: Starting capital, risk management skills and talent
Common Risks: You can lose your invested money, Beware of Ponzi schemes
a) Invest/trade altcoins: invest or trade them, and then convert the earnings back into bitcoin
b) Bitcoin based investments: options, stocks, assets, derivatives, swaps, margin trading ,etc...
8❱ Lending
Requirements: Some basic capital to loan out
Common Risks: Tons of loan scammers so beware, you might lose your capital depending on how much collateral you have as insurance
a) Collateral loan: You take a collateral for the loan, and offer lower interest to the borrower
b) Non-collateral loan: Very risky, but if successful, you can charge higher interest rate from the borrower
9❱ Gambling
Requirements: Big luck, but it's doable or some skill
Common Risks: You can lose your wagered money
a) Luck based gambling games: It is possible to win the jackpot in bitcoin, which are usually over 100,000$ worth in bitcoin
b) Skill based games: Poker, Sportsbetting, etc.. these require some skills and you can earn bitcoin this way
