Bitcoin and the related Blockchain technology are famous for its decentralized nature and open culture. On the other hand, we have the traditional financial system which is run by elites of this world. If you have a proper business plan and want to start a new business, it could be a real bummer. As a matter of fact, you have to conquer legislation, try to get funding and compete with most large corporations. Also, starting with a new business opportunity could be very costly.
To summarize, before the internet age which started around the 2000s, it was very hard to start as an entrepreneur. Starting a new business without proper funding from a bank or company would be a ‘no go’. Since then a lot has changed and currently, the online digital economy has transformed into a multi-trillion dollar industry!
If you think it’s already too late to join the party, think twice. In the coming years, more and more traditional labor will be transferred to online jobs. Also, the online e-commerce markets keep on growing which will bring new business opportunities. Bitcoin and Blockchain are ‘hot’ these days and even China is betting on it. This all sounds very promising, but is it really possible to start a Bitcoin Business without any money? The answer is yes, actually there are a few options for individuals who want to run their own business with little or no startup fees.
1. Start with Bitcoin trading
For running a business online or from home, then trading is still the most viable option to start with. Bitcoin together with other cryptocurrencies like Litecoin and Ethereum have been around for several years now and are here to stay. But aren’t these crypto markets too risky and volatile?
The answer is yes and before continuing with this I would advise you to use only money which you don’t need on the short term. In other words, use only money which you can afford to lose. That being said, most crypto traders love the volatiltiy because that is the main reason for making some money online. Also, if you compare trading cryptocurrency with traditional stock platforms you would safe a lot just on trading fees. Most traditional trading platforms charge 3 to 5% of your precious money just for doing the trades. This in contrary with most cryptocurrency trading platforms.
Earn free Bitcoin with Coinbase
Coinbase, a very popular trading platform among Bitcoin traders, only charges 0.5% for every single trade below $10K. If you want to trade with higher volumes the trading fees are even lower. But there is more, if you use the link above and sign-up you can earn free Bitcoin worth $10 if your trade at least $100. Also, when you sign-up you also have the possibility to earn $10 in Bitcoin just by inviting friends to the Coinbase platform. A very good start as a Bitcoin trader isn’t it?
If you are serious about this Bitcoin business opportunity but don’t have the skills for trading, I strongly recommended reading this article to become a profitable Bitcoin trader.
2. Start Blogging About Bitcoin
I can imagine that you maybe aren’t the type for trading and rather choose for something less risky. Don’t worry, nowadays the possibilities for making money online are countless! One way to profit from this fast-growing Blockchain industry is to start a blog.
Blogging is an online industry that is quite old and with the rise of several social media platforms, there are lots of channels people use to express themselves nowadays. A few years back, blogging was just another hobby that some people did in addition to working full-time jobs. Today, blogging still functions in that way, but a lot has changed. In 2019, blogging has become a profitable online profession. One of the main reasons is that our daily life more and more shifts towards online activities whether it’s for working or private activities. More and more people are looking for answers online or use it as a second opinion.
In 2019 running a Bitcoin blog is a full-time business opportunity
One of the main tasks of a blogger is to give information or educate people on a certain subject. A blogger(when performed the right way) should meet a certain demand for information. With millions or even billions of people going online every day, this demand is a very huge potential.
Is it possible to launch a professionally designed website and run your own blog for free? The answer is yes but it could be a little bit tricky. To do so, you have to be a little tech-savvy and know how web-design works. WordPress, a free blogging tool could help you a lot with this. Also, I would prefer you to choose this platform to give your blogging ambitions a headstart. As a result, I wrote a very helpful tutorial for setting up a Bitcoin blog with WordPress.
Finally, once you have a little bit of money rolling in, you can easily transfer your Bitcoin blog over to the paid version of WordPress where you will be able to fully monetize your blog and start making money.
3. Start Freelance writing / reviewing
Don’t have the skills or time available to design a website on your own? If so, don’t panic, because there is another business opportunity in just creating content. If you lack technical skills, but still love to write then this could be it for you. Writing content for crypto reviews you don’t need to be a novel writer. As a matter of fact, writing online is for a big and broad audience and by doing so your content should be easy to read. Also, one big advantage of writing is – the more you write, the better you get. Below some platforms you can use to sign-up for free:
Write reviews with BravoCoin and receive crypto in return
Another option is to write reviews about all kinds of products and get paid in crypto. Get paid to write reviews of attractions, books, companies, events, hotels, music, restaurants, services, coins and more. A good example is BravoCoin’s cryptocurrency. Recently they launched an app that is totally free and available for download. BravoCoin® utilizes an improved “Proof-of-Brain” algorithm that distributes BRAVO token-based rewards to encourage users and contributors to create and curate unique reviews. BRAVO is awarded automatically to members with the best community validated content. Use this link to install BravoCoin on your mobile device and receive $10 for free in crypto.
4. Cloud mining cryptocurrency
If you consider Bitcoin and blockchain technology then you should know that this decentralized network is based upon a large network of computer nodes. Furthermore, the majority of these nodes are miners which use a lot of electricity to calculate and mine blocks. Starting a business in ‘old fashioned’ Bitcoin mining requires a huge investment in hardware equipment and is also a very competitive market. But there is another option which could be lucrative if you have little money to start with.
Cloud mining a business opportunity for getting passive income
Nowadays, it’s also very easy to join online cloud-mining services. These online services allow you to hire hashing rate for a certain subscription monthly. How higher the hashing rate, the higher the possible reward will be. One of my favorite online services is genesis-mining. You can get a discount of 3% by using this action code(PJOqFD) when setting up a new miner.
5. Internet Earning Opportunities which are Free
If you still have doubts about Bitcoin or any other cryptocurrency but spend more than 1 hour online daily there is also a very interesting business opportunity to earn regular cash. Making money online just from your laptop or mobile phone is also an option. Here is how.
Nowadays internet earning has become a huge industry and revolves around completing digital offers, sharing offers with friends, testing websites, watching videos, using smartphone apps, completing surveys, and clipping and using coupons.
While you’re not going to get rich completing digital offers, it is an excellent way to get some cash coming in and to supplement your other money-making efforts. Here are just a few to check out.
Swagbucks is an online platform where you can earn points called SB, which can be redeemed for gift cards and coupons. You can easily earn SB points by watching videos, playing games, answering questions, shopping online, and even surfing the web using their toolbar. Refer your friends, and you’ll earn even more SB points. Your SB points can be traded in for gift cards from Amazon, Target, Starbucks, PayPal, and Walmart. Swagbucks also gives you a $5 bonus for signing up! Swagbucks which is part of Prodege, LLC has an A rating with the Better Business Bureau.
Use Fiverr to run a simple online business
Fiverr is a perfect platform for offering your service for free and get paid instantly. Here’s how it works. First, you post tasks that you’re willing to complete for $5.00. People sell everything from writing services, design services, voice over services, to making phone calls, and videos. Once you make a sale, Fiverr will keep a fee of $1.00 and payments will be made via PayPal. Doesn’t sound like much money? The Fiverr Mastermind Group (six Fiverr power sellers who earn six-figures a year each) wrote an e-book about their crazy success with the platform: The Fiverr Master Class: The Fiverr Secrets Of Six Power Sellers That Enable You To Work From Home!
Remember, whatever business opportunity you decide to start you must have a passion for what you are doing. Without enthusiasm and excitement, you’ll become bored and unmotivated, and ultimately it will fail. Don’t let hard cash or Bitcoin be your main driver, it’s much better to follow your heart.
Disclosure: This post contains affiliate links. This means I may make a small commission if you make a purchase. This doesn’t cost you any more but it does help me to continue publishing cool and actual content about Bitcoin & Crypto – Thank you for your support!
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