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Author Topic: I need 5 sources of revenue to generate $200 each per month - Ideas?  (Read 6373 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (7 posts by 1+ user deleted.)
quarkfx
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January 23, 2020, 11:26:41 AM
 #61

I generate regular income from trading only I do trading in almost all markets and generate decent income I took me some time to make regular income and manage you can find 5 source or a single source and make most on that on source and generate income
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January 23, 2020, 11:31:13 AM
 #62

Go with investing cryptocurrencies, there are cryptocurrencies that you can do staking, leveraging and there's also some event where you can earn more than that.
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January 24, 2020, 09:15:11 AM
 #63

I think for now, this can be used to make money;
  • become a Youtuber
  • become a content writer
  • register on ride sharing to fill in the blanks of time (like Uber, Lyft and others)
  • become a dropshipper
  • and finally opening a business in the real world (offline) such as selling food or washing cars/motorcycles

Accountsell
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January 24, 2020, 03:55:29 PM
 #64

Guys.

So I was wondering if you guys could give me ideas to set up some revenue streams that would not require much time investment per week.

Ideally each source of revenue should bring in about $200 per month and should be scalable.

I have some of my own ideas but I can get too biased about what I think is the right thing, so I want to open up this discussion to all of you that might have better ideas than what I could conjour.



Self-mod thread, but I won't delete your posts unless you start trolling.
This topic will help a lot of peoples to find their answer and to find a source of income.
I think you might also have found any of the source of income.
Please share it with us here if it seems profitable for you so that most of the peoples can also come to know about it.
TheGreatPython
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January 25, 2020, 09:31:58 AM
 #65

I generate regular income from trading only I do trading in almost all markets and generate decent income I took me some time to make regular income and manage you can find 5 source or a single source and make most on that on source and generate income
But, I always imagine what would happen if your trading is stopped by maybe huge price drop or something like this. Even in the bear markers, you would find least ways to generate a source of income. This would than make us financially unstable and it would really take a lot of time to again stabilize those financial situations in order to get back to routine.

So, it is always better to have multiple sources of income which in case if any of those is stopped we could still be able to generate revenue from the remaining ones. This would keep your financial life stable. If you have a lot of capital to start generating a stable source of income than there are a lot of such sources which would make us generate a stable income. You could launch a number of online businesses also if you search on google.

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January 25, 2020, 12:48:57 PM
 #66

Dude, you are Hero, why don’t you use your status to receive money from subscription campaigns? This is your first source of income at $ 200 / month. Even now, when do not pay much, the signature is your main weapon in order to receive quite good money.

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marnilce
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January 26, 2020, 10:29:26 AM
 #67

To make 1000USD per month only by investing means you either have to invest VERY much or you have a HIGH risk or your own work is included.
Crypto is same like real life. Thats the same everywhere.
The difference is, there are opportunities to make a lot of money but the risks are higher than anywhere else.

Spekulation:
I recommend hodl, because its quite sure, the btc rate will see higher values than today within 1 year. But dont hodl shitcoins, only BTC.
So if rate goes up(better said if YOU sell 36% higher than YOU bought) 36% within 12 months, its around 3% revenue per month.
So investment needed of 30000USD to make 1000 per month. Still there is a risk, but you can stop loss any moment.

Trading is a lot of work and knowhow. As a beginner you will loose. Its underpaid if you dont trade high volumes.

Investment:
Dont buy ICOs or similar token. Buy company-shares. But dont expect a high income. Usually its around 5%/year, but still risk involved.
That means: to make 12000 a year you have to invest 20 times more, thats 240000.
But if done clever its quite safe.

Dont count on pyramid shemes/MLM/HYIP.
Usually you have to invest by yourself and you have to promote systems, where you know, that the people you try to involve will loose.

Mining: You WILL loose, except if you live in one of the few areas where electricity is extreme cheap and available.
CloudMining: For sure you loose.
Stake: You probably will loose.

Open your own cryptobusiness: Extremely big chances, but knowhow, work and money needed.

Make a cryptoscam: Seems to be the most profitable,less risky and most practised variety of cryptobusiness. Get VERY rich VERY fast. Not good for Karma.

Conclusion:
Without work, there is no safe income by investment, except you invest VERY much.
Especially in Crypto everybody wants to get rich fast.
Most loose.

Why not buy a realworld business?
Best is invest in total different businesses. This minimizes risks.

Invest in a Surfshop
Open a Beer- or Cocktailbar or Massagecenter
Hodl BTC
Buy some shares of Google/Apple/CC/ or whatever big company
Hold a few ounces of Gold
Buy Real Estate(Land) in very good location


Dont leave dollars at the banks.


Read you advice carefully and you know. Cryptoscam is the only way to make big money with quite low investments!
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January 27, 2020, 12:52:55 PM
 #68

I've just read the most of replies in this topic and some of them have really good advices of the ways of earning money wether it's online or offline, most of them were talking about affiliate marketing or by being a freelancer which the OP said that he's already freelancing and he doesn't need more ideas about that. Someone suggest creating a gambling site for dice, it's a good idea but it seems that you need a huge amount of Bitcoin to start it, a lot of ideas here are quiet interesting to be honest but all of them requiring time and work, nothing it can be easy unless you're doing scam methods.

I just suggest for the OP to think more about stuffs that he can do in real life based on Bitcoin, how about if you can importing stuffs from AliExpress and sell it with a decent interest in your local country with wether Bitcoin or cash?
jostorres
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January 27, 2020, 02:43:08 PM
 #69

I think for now, this can be used to make money;
  • become a Youtuber
  • become a content writer
  • register on ride sharing to fill in the blanks of time (like Uber, Lyft and others)
  • become a dropshipper
  • and finally opening a business in the real world (offline) such as selling food or washing cars/motorcycles
Offline business in real life would really be good as it might give you a stable source of income and also there would be on risk involvement. Much of the above ways mentioned are time consuming and they would need a lot of hardwork but least investment but in case of local offline business, you would need a lot of capital to invest and develop the business.

It is better we work in a simultaneous manner and continue working online as well as offline as it would really give us a stable source of income. Also OP needs to generate $200 per month which is not really a hard task but he would surely need to work hard in order to develop that source of revenue.

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January 28, 2020, 11:57:47 AM
 #70

It's nail biting view for me since it has been asked by one of the most trusted user of this forum. I hope you will know the all the ways to earn in bitcointalk and already you may doing stufs over here.
Next to that you may provide the freelance service on various websites like fiver and so on.
If don't want to do freelance, you need to start the business with the investment amount you have.

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January 28, 2020, 09:16:33 PM
 #71

Dude, you are Hero, why don’t you use your status to receive money from subscription campaigns? This is your first source of income at $ 200 / month. Even now, when do not pay much, the signature is your main weapon in order to receive quite good money.

That is not the solution, at least not in whole. Campaigns pay a little these days and times when you could earn even up to 200$ or 300$ per month are over. Now he could only count on 30$ to 50$ per month in.average and question is how long that will last.
The solution might be freelancing if he has some skills other need, that is the way to make some steady income if there is no income from some regular job that would allow him some extra money for investing each month.

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January 28, 2020, 09:23:07 PM
 #72

Start a currency exchange, open an OTC accounts (depends where you're from but if you're from UK or EU I can hook you up with my source (source is a 3rd party OTC fully regulated and licenses in the UK and EU) and how I do it, youd earn 5-10% per exchange, which is pretty good, you have very good forum stats to so getting started shouldn't be an issue.
BTC to FIAT - FIAT to BTC instantly, also if you have a strong Paypal account, link it to the OTC and Bobs your uncle.
Obviously this is just a suggestion.
Good way to farm BTC from the fees too.
As the OTC comes with a debit card you can payout via any method tbh.
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January 29, 2020, 03:13:10 AM
 #73

Start a website and sell software, eCommerce, affiliate marketing, courses, email marketing, etc

Landing pages are an excellent way to drive conversions.

There is plenty of demand on the Internet. It's up to you to fill it and outsmart your competitors.
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February 04, 2020, 02:30:35 PM
 #74

 start to make patner to sell something...

i can provide minerals from quarts amethyst to iron... it can be jewelery..
who knows maybe we can sell it in your place ..



random amethyst image from imgur
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February 05, 2020, 03:02:11 PM
 #75

Start a website and sell software, eCommerce, affiliate marketing, courses, email marketing, etc

Landing pages are an excellent way to drive conversions.

There is plenty of demand on the Internet. It's up to you to fill it and outsmart your competitors.
Selling online courses might be the best option from your suggestions. There are a lot of things which we know but most of the people might not be knowledgeable into these things. OP seems a reputable member here and hence he might surely have acquainted immense knowledge from the field. Knowledge can be shared and even we could get payed for sharing our knowledge because some or the other time, it would yield higher benefits to the individual who would purchase the course from you.

There are a lot of crypto related things which most of the people are unaware about and a best presentation and a live course can really make them understand the fundamentals of cryptocurrencies much easier. This can start a stable income in future if any of your course goes viral.

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February 06, 2020, 07:40:12 AM
 #76

start to make patner to sell something...

i can provide minerals from quarts amethyst to iron... it can be jewelery..
who knows maybe we can sell it in your place ..


[im g]https://en.es-static.us/upl/2015/02/amethyst.jpg[/img]
random amethyst image from imgur
Would it even be allowed to ship natural resources from one country to the another? I do not think it would be allowed by the customs and you can even loose the minerals in customs. If ever this was allowed, that it might have been a most profitable business for a lot of people because you can easily purchase some minerals in a cheaper price in few nations and sell those in nations where the price for such minerals is high enough.

But, you surely have to get certified from the government before you could do so or it might even be considered as smuggling because transferring natural resources from one country to another without involving the country government is not treated something as legal. I am damn sure OP wants some legal source of income though.

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February 06, 2020, 04:36:28 PM
 #77

Doing risk free Bookmaker offers has served me pretty well over more than a Decade now. When you are willing to learn some Basic Stuff you can scale this in any Direction. A Three to 5 Figure Income is doable,depending on Time,Offers and Start Capital
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February 11, 2020, 01:17:37 PM
 #78

start to make patner to sell something...

i can provide minerals from quarts amethyst to iron... it can be jewelery..
who knows maybe we can sell it in your place ..


[im g]https://en.es-static.us/upl/2015/02/amethyst.jpg[/img]
random amethyst image from imgur
Would it even be allowed to ship natural resources from one country to the another? I do not think it would be allowed by the customs and you can even loose the minerals in customs. If ever this was allowed, that it might have been a most profitable business for a lot of people because you can easily purchase some minerals in a cheaper price in few nations and sell those in nations where the price for such minerals is high enough.

But, you surely have to get certified from the government before you could do so or it might even be considered as smuggling because transferring natural resources from one country to another without involving the country government is not treated something as legal. I am damn sure OP wants some legal source of income though.
As a person who is related to geology, I can say that the transportation of minerals,gems is strictly regulated, and for this you just need a huge number of different documents, while they can simply be recognized as a rare sample from you, and even confiscated. if you can't prove the legality of its receipt.

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February 11, 2020, 08:29:18 PM
 #79

start to make patner to sell something...

i can provide minerals from quarts amethyst to iron... it can be jewelery..
who knows maybe we can sell it in your place ..


[im g]https://en.es-static.us/upl/2015/02/amethyst.jpg[/img]
random amethyst image from imgur
Would it even be allowed to ship natural resources from one country to the another? I do not think it would be allowed by the customs and you can even loose the minerals in customs. If ever this was allowed, that it might have been a most profitable business for a lot of people because you can easily purchase some minerals in a cheaper price in few nations and sell those in nations where the price for such minerals is high enough.

But, you surely have to get certified from the government before you could do so or it might even be considered as smuggling because transferring natural resources from one country to another without involving the country government is not treated something as legal. I am damn sure OP wants some legal source of income though.
As a person who is related to geology, I can say that the transportation of minerals,gems is strictly regulated, and for this you just need a huge number of different documents, while they can simply be recognized as a rare sample from you, and even confiscated. if you can't prove the legality of its receipt.
Come to think that even goods does really need some certification or documents before it would able to pass out, how much more on natural resources or minerals?
Of course this one would have or does need strict compliance before its able to be exported.If not then it would really just be a big problem.I cant deny that this one
had a potential when it comes on making a business and become profitable but its complicated when it comes to processing of papers which is kinda hassle for most people
unless if you are willing to spend some time and cash on arranging up some things then you can go ahead.

R


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February 12, 2020, 10:39:13 AM
Last edit: February 12, 2020, 10:52:34 AM by mr.relax
 #80

You want 200 each month? Thats 2400 a year.
Just buy DAI and stake them with 7.5%/year without risk.
That means you have to invest 32000 USD in Dai.

Ah, you want 5*200=1000 a month? Then you will need 160000DAI=160000USD.
But its totally passive without exchangerate risk and any minute you can unstake.

There are only 3 ways to earn money:
Either invest or work or both.

Trade across blockchains DECENTRAL : https://cutt.ly/rOSoDl
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