It is so tempting to buy and trade Bitcoin when you see some people making a fortune. But, it is a risk to put money in the market as you could also lose it. If you are passionate about blockchain and cryptocurrency but like to play it safe, there is good news.
You can make money off of your passion without having to trade in cryptocurrency. The not so good news is that it can take a while But, if you are patient then you can make a living and not take any risk at all.
In this article, I will give you several ideas on how to make money off of the blockchain.
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If you are very passionate about the subject of Bitcoin and cryptocurrency and could see yourself writing about all the details surrounding it, then a blog is a good way to make money.
Now, there is a lot of competition so you would have to have a lot of very well written content and a good marketing strategy to get traffic, but if you can do that then there is good money to be made.
Advertising pays out very well in the blockchain niche so a lot of traffic will earn a lot of passive income. Also, if you promote programs in which people register bitcoin wallet through your link, then you get a very nice commission.
One way to get traffic to your blog is through having a successful Youtube channel. Again, you will need to be very passionate about the subject and make compelling videos that are helpful, informative and entertaining. If you can put a professional looking Youtube channel together then this can make you money as well.
Ads on Youtube are enough for some Youtubers to make a full time living. But if you connect it to an affiliate marketing blog then you are adding another revenue stream to make even more money.
Now, if you have the blog and Youtube channel working, the best way to bring it all together is to write an ebook. Pick a subject that involves blockchain that is very helpful and write a book.
With a book that is self published and put up for sale on Amazon Kindle, then you can make even more money than you were previously. In fact, you should write several as there are a lot of topics to cover in blockchain and people are hungry for information.
You can also offer your ebook for sale directly from your blog. With a good email marketing campaign, you can build up a sizable email list and sell it to the people there by giving them a link to the book where they can purchase it.
While you are building your email list and building traffic to your blog, you can make money by writing for others about Bitcoin and cryptocurrency. There are a lot of bloggers out there that will pay for your expertise on the subject.
Offer your services as a freelancer and write for their newsletter or blog and get paid to write about your passion.
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