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Author Topic: What are the Best & Cheap Businesses to start with bitcoin online  (Read 2067 times)
ivanst776
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January 25, 2017, 07:56:18 AM
 #41

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

You can start any business with small or no money but I think you want to get profit from this and 0.2 isn't enough (at this time).

Look on google for "how to start a business with no money" and you can see that there are many ways to start but It's a bit hard.

What I would suggest is to have a look at the altcoin trading/exchanges and decide which one you will invest and trade.


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January 25, 2017, 08:02:48 AM
 #42

Trading altcoins is the best business with bitcoins online it is cheap business
because it can use small amount of capital ( can use 0.2BTC)
although it is high risk but there are no instrument of business that has free risk to losing money.
Actually, with $10, we can already start our own trading career. However, you need to learn and obtain new knowledge about trading because it is not very easy to get profit from this activity. I have seen many people lost thousands of dollar with trading. You should stay away from trading if you are a lazy person who does not want to spend time studying


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January 25, 2017, 01:20:38 PM
 #43

Trading altcoins is the best business with bitcoins online it is cheap business
because it can use small amount of capital ( can use 0.2BTC)
although it is high risk but there are no instrument of business that has free risk to losing money.
Actually, with $10, we can already start our own trading career. However, you need to learn and obtain new knowledge about trading because it is not very easy to get profit from this activity. I have seen many people lost thousands of dollar with trading. You should stay away from trading if you are a lazy person who does not want to spend time studying

Actually, i never did trading before with real currencies I did it once with virtual currencies like Dogecoin, dash coin but it was loose.
Also, trading takes a lot of time which I don't have to learn so I don't think it will be good

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January 25, 2017, 01:40:34 PM
 #44

I was in your situation a month ago.
I wanted to open my online bussiness but didn't have enough funds.
so I thought about opening a faucet, but without traffic it won't succeed.
I already tried gambling (mostly sports betting) but it's hard, and you might even lose.
then I decided to start my bussiness by the minimal effort to some value.
meanning, I'll start with the really basic thing I want to sell, see how it goes,
and every specific period of time I'll add aditional features to the product.
That way I don't need a big budget to start, and I can evaluate on the go.

Goodluck!
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January 25, 2017, 03:35:54 PM
 #45


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.

Glad you like my idea but I had worked on a gaming Blog in which I shared direct links of PC games it's quite copy paste material thing but now I have stopped working on it since I don't have much time now to Update the blog regularly with new games.
Here it is : " http://Ultimategamesforever.blogspot.com "
Tell me what you think of it

And about youtube channel, I have decided to work on it. Just need to find some gamers Professionals and i will see what i can do Smiley

That is a very good blog but ... if it is copy and paste information you will not be ranked high on Google - which is a very important factor for traffic (and hence high-paying advertisers/advertisements). I personally have a old Youtube gaming account that my gameplay and unique video for a popular game in my country. It took me around two years to build up about 100 subscribers. The good news is that even though I have not upload new videos to the channel many years already buy it is still gaining about 1000 views per month. Just telling so that you will know how "harsh" (or maybe "easy") the Youtube route will be.

You can skyrocket easily if you upload unique content but that takes time and a lot of experience to create.

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January 25, 2017, 04:30:23 PM
 #46

With that amount there are only a limited number of online business that you can choose to do . If you want just keep collecting your bitcoin until you reach the target amount .

These are the things I can think of with your budget:

1). Lending here in bitcointalk - Visit the Marketplace>Lending section if you're interested and don't forget to read the sticky notes there  Wink

2). Investing in popular and highly reputable sites - This guy here invested his bitcoins to different gambling sites and he gives an updates on his thread here: https://bitcointalk.org/index.php?topic=1585408.0

Note: Forget making faucets they are a waste of time not even profitable .


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Muttley
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January 25, 2017, 04:36:34 PM
 #47

For this amount, think the best choice would be lendind it.

 

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Roboabhishek
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January 25, 2017, 05:48:29 PM
 #48


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.

Glad you like my idea but I had worked on a gaming Blog in which I shared direct links of PC games it's quite copy paste material thing but now I have stopped working on it since I don't have much time now to Update the blog regularly with new games.
Here it is : " http://Ultimategamesforever.blogspot.com "
Tell me what you think of it

And about youtube channel, I have decided to work on it. Just need to find some gamers Professionals and i will see what i can do Smiley

That is a very good blog but ... if it is copy and paste information you will not be ranked high on Google - which is a very important factor for traffic (and hence high-paying advertisers/advertisements). I personally have a old Youtube gaming account that my gameplay and unique video for a popular game in my country. It took me around two years to build up about 100 subscribers. The good news is that even though I have not upload new videos to the channel many years already buy it is still gaining about 1000 views per month. Just telling so that you will know how "harsh" (or maybe "easy") the Youtube route will be.

You can skyrocket easily if you upload unique content but that takes time and a lot of experience to create.

In my country, 2 YouTubers succeeded the most and now they are earning more than 600000 INR / Per month which is around 10-12 BTC.
But they are only teenagers.

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January 28, 2017, 02:49:42 PM
 #49

[snip]

In my country, 2 YouTubers succeeded the most and now they are earning more than 600000 INR / Per month which is around 10-12 BTC.
But they are only teenagers.


Do you know how much time and experience do they invest into before the managed to get that popular? And hence that amount of money per month? Well, Youtube takes time like every other investment. I'm sure you will be able to do it if you have the patience and experience. Smiley.

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Gembul
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January 28, 2017, 03:04:05 PM
 #50

For this amount, think the best choice would be lendind it.

Yeah, I guess lend bitcoin could be a good choice. Because we can open a thread on this forum, without having to spend more capital to buy the domain again.
But it was not easy, we must have a good reputation  on this forum. Moreover, we have to be smart to select people who will borrow money. Because we know a lot fraudster in this digital world. Thank you
BrewMaster
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January 28, 2017, 03:11:50 PM
 #51

For this amount, think the best choice would be lendind it.

Yeah, I guess lend bitcoin could be a good choice. Because we can open a thread on this forum, without having to spend more capital to buy the domain again.
But it was not easy, we must have a good reputation  on this forum. Moreover, we have to be smart to select people who will borrow money. Because we know a lot fraudster in this digital world. Thank you

i disagree. lending bitcoin these days is a lot of work and it has gotten so competitive, there are many people doing it and there are 100 times more people asking for bitcoin loan 90% of which are scammers, you have to be always online and spend a lot of time vetting each one of them to see if they are legit or not, only to find one out of many and take the risk of trusting him.

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January 28, 2017, 03:19:40 PM
 #52


Do you think its a good business to create a physical coin for bitcoin? I saw someone already doing this back then and I thought it still can be profitable if you make it like it has some value. I did browse some bitcoin related shops and saw some silver and gold plated coins of bitcoin for sale. Its collectibles for users here, if you could join the market, it still not too late to earn with it. I don't think its really hard to arrange a meeting with companies that can manufacture these coins for you.

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January 31, 2017, 05:18:26 AM
 #53

Trading altcoins is the best business with bitcoins online it is cheap business
because it can use small amount of capital ( can use 0.2BTC)
although it is high risk but there are no instrument of business that has free risk to losing money.
Actually, with $10, we can already start our own trading career. However, you need to learn and obtain new knowledge about trading because it is not very easy to get profit from this activity. I have seen many people lost thousands of dollar with trading. You should stay away from trading if you are a lazy person who does not want to spend time studying
Yes you are right we can trade with $10 as capital for trading altcoins
we can trade new altcoins on markets with $10 as for capital
but the problem with new altcoins  they can be delisted by markets
it is mean we will be losing $10 because of scam altcoins
that is why i use 0.2BTC for capital and choose the altcoins that be survive on markets for long time.

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January 31, 2017, 05:28:51 AM
 #54

Trading altcoins is the best business with bitcoins online it is cheap business
because it can use small amount of capital ( can use 0.2BTC)
although it is high risk but there are no instrument of business that has free risk to losing money.
Actually, with $10, we can already start our own trading career. However, you need to learn and obtain new knowledge about trading because it is not very easy to get profit from this activity. I have seen many people lost thousands of dollar with trading. You should stay away from trading if you are a lazy person who does not want to spend time studying
Yes you are right we can trade with $10 as capital for trading altcoins
we can trade new altcoins on markets with $10 as for capital
but the problem with new altcoins  they can be delisted by markets
it is mean we will be losing $10 because of scam altcoins
that is why i use 0.2BTC for capital and choose the altcoins that be survive on markets for long time.

If you follow the conversation, OP is not good at trading, he tried once but failed.  Besides if he is good with it, i doubt he would ask this kind question for a 0.2 BTC Business start up.  



I think  OP have an idea already, since you are familiar with blogging, why not go back to it, try to increase you traffic and apply to ads company.   You can get a lot of information on improving your site's traffic, and interesting materials out on the internet.

Or you can do a buy and sell of goods,  you can try to buy items in the goods section, if it is that rare, you can auction if for a profit.  You can also use your 0.2 BTC to buy cheap vouchers and resell it in the marketplace.  That is some of the possible stuff you can do with your 0.2 BTC aside from gambling it or trading it in an exchange platform.

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Uncurlhalo
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|Argus| Accounting and Auditing on the Blockchain


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January 31, 2017, 05:36:02 AM
 #55

The best way is to star exchange service where you can earn anything from 1% to 20% in each trade (the highest is in cash trade) so it is likely to double your capital within a month or two. You can also work as an affiliate marketer where you can use advertising portals such coinads to give maximum impact.

Argus the revolution in making
hurain
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January 31, 2017, 07:33:24 AM
 #56


Do you think its a good business to create a physical coin for bitcoin? I saw someone already doing this back then and I thought it still can be profitable if you make it like it has some value. I did browse some bitcoin related shops and saw some silver and gold plated coins of bitcoin for sale. Its collectibles for users here, if you could join the market, it still not too late to earn with it. I don't think its really hard to arrange a meeting with companies that can manufacture these coins for you.
i do not think that it will be a good idea. i think people already tired of fiat currency, so they will not be willing have another fiat currency, bitcoin is created as digital currency, but if it will exist in physical form then it will lost its decentralized character. there i will like to say that bitcoin should remain as digital currency.
beerlover
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February 01, 2017, 08:10:52 PM
 #57

Generally you can start content websites for that cheap. I do not recall anything else that is that cheap but if you start a content website like a casino review or something and do affiliate Works for them not that it would be huge but it would make a little bit amount of Money.

For small amounts and your hardwork of content writing you can get a decent website but remember it won’t make you millionaire just would make your Money back and than some.

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