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Author Topic: What are the Best & Cheap Businesses to start with bitcoin online  (Read 2069 times)
Roboabhishek
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January 24, 2017, 06:23:41 AM
#1

What business can I start with bitcoins online if I have a budget of 0.2
- I heard about creating a faucet but I don't know how to code.


If you guys know anything that can provide a side potential income under 0.2 Investment then i would like to hear.
Thank you
Robo  Cheesy

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January 24, 2017, 08:14:23 AM
#2

What business can I start with bitcoins online if I have a budget of 0.2
- I heard about creating a faucet but I don't know how to code.


If you guys know anything that can provide a side potential income under 0.2 Investment then i would like to hear.
Thank you
Robo  Cheesy
Thats pretty low. But you can still use this for small business. I think lending is good for that amount of capital. Lending is a good way to make profit. Just go to lending section to get some idea. Trading altcoins is good also. Faucet is not a good idea. You need a lot of traffics in able to survive your faucet. It will just drain your funds and get nothing. You need high alexa ranking in able to earn.


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pooya87
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January 24, 2017, 08:19:15 AM
#3

you can't really run a "business" with only $180 and things like faucet and small micro businesses like that are only wasting your time and money and even if you don't care about the money your time is being wasted always monitoring your tiny business and trying to make it work while earning virtually nothing from it.

Roboabhishek
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January 24, 2017, 08:27:48 AM
#4

you can't really run a "business" with only $180 and things like faucet and small micro businesses like that are only wasting your time and money and even if you don't care about the money your time is being wasted always monitoring your tiny business and trying to make it work while earning virtually nothing from it.

Yes I know it's a low amount but there should be something i can do with it without wasting my time.

Thats pretty low. But you can still use this for small business. I think lending is good for that amount of capital. Lending is a good way to make profit. Just go to lending section to get some idea. Trading altcoins is good also. Faucet is not a good idea. You need a lot of traffics in able to survive your faucet. It will just drain your funds and get nothing. You need high alexa ranking in able to earn.

Yup I tried my own lending service but it was quite disappointing that I was not getting any legit customers.
What I find is only newbie accounts spammed my Message box with loan requests without collateral so I had to close it :/
If I feel comfortable in future then I will open it again.
Thanks for the reply you all both made.



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January 24, 2017, 08:27:54 AM
#5

That's very low. Try gambling with a small part of it and gain experience in it. Else if you can add some more amount better start trading as a small scale trader. Randomly gain good trust from the users and this helps you for a better earning after few months if you can spend a good time for analyzing price movements.

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Roboabhishek
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January 24, 2017, 08:34:38 AM
#6

That's very low. Try gambling with a small part of it and gain experience in it. Else if you can add some more amount better start trading as a small scale trader. Randomly gain good trust from the users and this helps you for a better earning after few months if you can spend a good time for analyzing price movements.

Lool no thanks telling though but I try to stay away from gambling with real money, Sometimes I play when I want to have fun but it's completely offtopic.
On the other hand, i traded a few bitcoins but sadly I lost around 3-5 % from of the money I invested including website fee.

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January 24, 2017, 08:38:13 AM
#7

I dont know why people saying do gambling he stated it on his title thread "Business" not gambling. If i gonna use that bitcoin to have some business I will go to be a affiliate marketer I think it is still a business after all. Buy a domain so cheap you can buy $10 for 1 year(.com/.net) much better, hire some writer to do some articles learn SEO yourself then put some products inside your website oh dont forget to buy web host $5 a month would suffice. If I have that money that would be the second thing I would do after buying some good rig to practice some editing skills and sell my service hope this would help.

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January 24, 2017, 08:40:23 AM
#8

you can't really run a "business" with only $180 and things like faucet and small micro businesses like that are only wasting your time and money and even if you don't care about the money your time is being wasted always monitoring your tiny business and trying to make it work while earning virtually nothing from it.

Yes I know it's a low amount but there should be something i can do with it without wasting my time.
~

well you asked for a business idea and in my opinion with that kind of money you can not find one.

but to make profit on that kind of money is a different story. there are more ways. one of which my top comment suggested (lending) you can do it on the forum, on websites that are made for this or on exchanges.

you can also start trading. day-trade bitcoin or invest in altcoins and make more bitcoin.

if you know SEO and are good at getting real traffic then start a website with any topic and make money from advertisement. for that you may even need something as small as 40 bucks.

there are lots of affiliate marketing you can do, again with or without a website. but it needs some expertise.

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January 24, 2017, 08:43:48 AM
#9

you can't really run a "business" with only $180 and things like faucet and small micro businesses like that are only wasting your time and money and even if you don't care about the money your time is being wasted always monitoring your tiny business and trying to make it work while earning virtually nothing from it.

Yes I know it's a low amount but there should be something i can do with it without wasting my time.
~

well you asked for a business idea and in my opinion with that kind of money you can not find one.

but to make profit on that kind of money is a different story. there are more ways. one of which my top comment suggested (lending) you can do it on the forum, on websites that are made for this or on exchanges.

you can also start trading. day-trade bitcoin or invest in altcoins and make more bitcoin.

if you know SEO and are good at getting real traffic then start a website with any topic and make money from advertisement. for that you may even need something as small as 40 bucks.

there are lots of affiliate marketing you can do, again with or without a website. but it needs some expertise.
I dont think he can dwell to trading and do business into it for a short period and limited budget, I do agree with you about getting a website and getting a traffic to monetize it. He will just have to hire good and skilled people and dont spend the money he is getting on the ads and hopefully it would be a business when he can just watch the site without extensive work only hes freelancer will work on it.

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January 24, 2017, 08:50:22 AM
#10

There are still that you can do to grow that 0.2 btc of yours. Its still as risky as like any business. HAve you seen someone lending btc to users here in the forum?
You can also try that some of the users are asking 0.05 for a loan and you can ask for 0.055 in return, that's lower than the rest who provides loads.

You need to learn how they do it though and choose who and which user can take a loan, make sure their collateral is enough to compensate yourself if they defaulted.

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January 24, 2017, 08:53:54 AM
#11

You can start a faucet business online using off the shelve script - open source I mean - like FaucetInABox (https://faucetinabox.com/) which works with most micro-payment API. That mean you do not need to know how to code. However, you will need to understand the concept of a Bitcoin faucet and know how to market it. To add on, if you want more revenues from advertisers, you may want to hire a 'cheap' yet reliable coder to create custom theme and feature for your faucet.

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January 24, 2017, 09:37:53 AM
#12

What business can I start with bitcoins online if I have a budget of 0.2
- I heard about creating a faucet but I don't know how to code.


If you guys know anything that can provide a side potential income under 0.2 Investment then i would like to hear.
Thank you
Robo  Cheesy

This amount of Bitcoin is low for starting a business.You have to collect minimum .50BTC for starting a business(i think).I have an idea,You can join paxful or localbitcoin.Investing your Bitcoin you can easily earn some money.Although for joining paxful you have to minimum 200$BTC in your wallet.If you have no idea about trading, lotthen search on youtube.There you will found a lot of videos about paxful trading.Hope this video will help you, Don't join gambling.Best of luck to you and your business.

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January 24, 2017, 09:55:09 AM
#13

it is very difficult to start bussiness with 0.2 btc but if i may to suggest that you could build your service at exchange board and offering exchange altcoins to bitcoin or bitcoin to other payment prossesor such as webmoney or perfectmoney with small fees indeed the profit will pretty low but if you're trustable exchange service i think people will starting to pay attention for your bussiness

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Roboabhishek
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January 24, 2017, 10:03:51 AM
#14

it is very difficult to start bussiness with 0.2 btc but if i may to suggest that you could build your service at exchange board and offering exchange altcoins to bitcoin or bitcoin to other payment prossesor such as webmoney or perfectmoney with small fees indeed the profit will pretty low but if you're trustable exchange service i think people will starting to pay attention for your bussiness

I think that's a great idea but i has a drawback of less customers.
Also i didn't said that i want to open a business on this forum only.

After thinking for a few hours and playing League of legends Cheesy i found that actually i can open a channel and ask people to record funny moments for me on the league of legends and i will pay them accordingly
I know in starting my channel will suck but i think if i keep uploading quality stuff then i might get a bunch of subscribers and my adsense ads on it will boost the income.

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January 24, 2017, 10:10:08 AM
#15

it is very difficult to start bussiness with 0.2 btc but if i may to suggest that you could build your service at exchange board and offering exchange altcoins to bitcoin or bitcoin to other payment prossesor such as webmoney or perfectmoney with small fees indeed the profit will pretty low but if you're trustable exchange service i think people will starting to pay attention for your bussiness

I think that's a great idea but i has a drawback of less customers.
Also i didn't said that i want to open a business on this forum only.

After thinking for a few hours and playing League of legends Cheesy i found that actually i can open a channel and ask people to record funny moments for me on the league of legends and i will pay them accordingly
I know in starting my channel will suck but i think if i keep uploading quality stuff then i might get a bunch of subscribers and my adsense ads on it will boost the income.


This is a very neat idea! A gaming Youtube channel that pay gamers Bitcoin for content. And then you earn money from advertisements. However, how many League of Legends gamers do you think will know about Bitcoin and accept it as a payment method? To add on, if you receive your revenue from Google Ads (which is in fiat and not Bitcoin or any cryptocurrencies), it cannot be consider a full-scale Bitcoin only online business.

It is actually a very good idea and I'd recommend you to start doing that before someone steal your idea (I may steal your idea when I am free - just a warning). Alright just kidding.

Another business you may consider as a gamer is to run a gaming blog that provide tutorials, reviews and etc. And then earn Bitcoin form affiliate advertising (where you link to Amazon.com (or other sites) with gaming products) or Google Ads banners.

Just another warning, making a blog (or Youtube channel) requires a lot of time and effort. I personally tried to start a gaming tutorials blog before. However I don't have time to manage it and stopped posting new articles - http://gamingguidez.com/. I'm open up for collaboration if you are interested. :p.

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January 24, 2017, 10:13:00 AM
#16

0.2bitcoin is not too much for start "best" businesses. Maybe you can think about investments in casino bankroll.
You can find couple nice casinos with a good reputation. Of course, there is a risk you have to think twice
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January 24, 2017, 10:59:54 AM
#17

as others mentioned to start a business you need a lot more money than that. but don't worry about not having enough, I have been in the same boat. you should either wait and gather some more money or you can do what I did and find some friend and some people around you whom you trust and then become partners with them. that way you each invest a smaller amount but have much more for a real business.

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January 24, 2017, 12:01:48 PM
#18

it is very difficult to start bussiness with 0.2 btc but if i may to suggest that you could build your service at exchange board and offering exchange altcoins to bitcoin or bitcoin to other payment prossesor such as webmoney or perfectmoney with small fees indeed the profit will pretty low but if you're trustable exchange service i think people will starting to pay attention for your bussiness

I think that's a great idea but i has a drawback of less customers.
Also i didn't said that i want to open a business on this forum only.

After thinking for a few hours and playing League of legends Cheesy i found that actually i can open a channel and ask people to record funny moments for me on the league of legends and i will pay them accordingly
I know in starting my channel will suck but i think if i keep uploading quality stuff then i might get a bunch of subscribers and my adsense ads on it will boost the income.

Hey i think that is a very good idea, it is an unique idea and it doesn't cost too much to start, and then I heard some of the people make real money only from youtube and uploading video, but of course you need time to attract a lot of viewers and subcribers, and I think the other best business to start with that kind of money, is service, help people to find ebook or design a web site or find things that somebody want, if your popularity is already good you can make a decent money from it

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January 24, 2017, 01:20:25 PM
#19

it is very difficult to start bussiness with 0.2 btc but if i may to suggest that you could build your service at exchange board and offering exchange altcoins to bitcoin or bitcoin to other payment prossesor such as webmoney or perfectmoney with small fees indeed the profit will pretty low but if you're trustable exchange service i think people will starting to pay attention for your bussiness

I think that's a great idea but i has a drawback of less customers.
Also i didn't said that i want to open a business on this forum only.

After thinking for a few hours and playing League of legends Cheesy i found that actually i can open a channel and ask people to record funny moments for me on the league of legends and i will pay them accordingly
I know in starting my channel will suck but i think if i keep uploading quality stuff then i might get a bunch of subscribers and my adsense ads on it will boost the income.

Hey i think that is a very good idea, it is an unique idea and it doesn't cost too much to start, and then I heard some of the people make real money only from youtube and uploading video, but of course you need time to attract a lot of viewers and subcribers, and I think the other best business to start with that kind of money, is service, help people to find ebook or design a web site or find things that somebody want, if your popularity is already good you can make a decent money from it

OP I think needs a good business to profit as quick as possible. If he takes that route, compete the rest of the programmers with portfolios in creating websites which reputation also take time to build. The rest of php programmers/html developers are on upwork and other job sites hunting business that needs good quality services. If OP has this skills, he wouldn't be asking which business to try.

The easiest route for you is to start a lending business which needs no skills. The only that you need to do is lower your repay percentage to compete those lenders.

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January 24, 2017, 01:27:22 PM
#20

for that 0.2 btc you have, i think you can trying to lend for traders in the market, i guess its safety for you, because you don't spend your bitcoin but you can get profit although the profit is not much as doing trading or playing gambling but still its a profit for you.

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