Fast forward to 2018 and Bitcoin is on top of the mountain. The bad days seem to be over, and while the Bitcoin bubble could happen at any time, there is no disputing that the cryptocurrency is here to stay. The sooner you start making money with Bitcoin, the better ground you will have in 5 years, when it will become a well-known currency around the world.
And if the Bubble scares you, investing in Bitcoin is just one option, but not the only one. Bubble or not, you can still make a ton of money from Bitcoin. Bubble or not, the value is going to grow in the future because people are just getting into it.
Make your own Bitcoin faucet
Earning potential: $50 to $800 per month.
A bitcoin faucet is a project where you create a website or application for users to visit. You monetize your site with ads that pay in bitcoins. The ad pays a small amount of bitcoins for each page view, click, or conversion.
To encourage a large number of visitors to continue daily and hourly navigation on the site, you offer to share the advertising revenue with them by paying them in satoshis, which are basically bitcoin cents. In order to win, the user must earn a certain amount of satoshi, and payouts are made weekly.
Faucets pay between 100,000 and 400,000 satoshi per hour. Some offer bonuses based on seniority or performance.
The faucets started working with the help of captcha solving, and nothing else. A very boring task of passive income. When users kill aliens, feed creatures, or kill robots to earn satoshis, new in-game faucets appear. The more they advance in the game, the more they earn. So this is a great idea for your own faucet.
The day is not far off when every video game player will be paid to play.
Be aware that Bitcoin faucets tend to default due to insufficient funding or liquidity. Faucet owners are not getting paid fast enough to pay their rapidly growing user base. They also tend to be hot targets for hackers.
Earn passive income from your bitcoin blog
Since Bitcoin is so new compared to other targeted content, there is a lot of room for new bloggers and sites. New Bitcoin-related businesses are popping up every day; anything from bitcoin exchanges, trading, play money sites, faucets, online shopping and mining are avidly suitable for your advertising space.
Bitcoin blogging and monetization can be slow at first, but consistently posting rich content will attract some advertisers after at least 9 months.
You can join some affiliate programs or create your own bitcoin store. Bitcoin faucets, wallets and exchanges pay large referral commissions.
Small earnings on bitcoin faucets
My first tip involved building my own faucet. If it’s too difficult, try to join it and take advantage of it. Instead of making around $800 a month, it would be more like $30-100 a month from a monotonous task, but it’s still money and the first step to building your bank.
Note that Bitcoin faucets tend to be faulty and disappear very quickly. So be sure to join reputable sites like Robotcoin.com and BitcoinAlien.com. It’s also fun because you can play games while earning money, I recommend robotain the most.
Create an online store for a Bitcoin product or service
Bitcoin is still difficult to monetize in USD and other hard currencies. Not that it’s very difficult, but the process involves some fees and taxes. Although it is still one of the cheapest ways to send money anywhere in the world.
Buying things with bitcoins is a great way to turn them into something useful and helps you avoid exchange fees and taxes. Especially if you can later resell these goods and turn them into cash.
Selling goods paid for with Bitcoin at low prices or in bulk are great business opportunities. All you need is a Bitcoin merchant for your Shopify or WooCommerce store, such as BitPay.com. Shopify already ships with BitPay.