Are you a cryptocurrency investor which got into bitcoin or any other cryptocurrency very early, made some good profit on it and are trying to make a living out of it currently? If so, this article about starting online business could be a wakeup call for you in a positive way! First of all, I want to congratulate you with your vision and being bold for the investment at the right time. We all know that a lot of people considered bitcoin as a potential scam or didn’t take the time to do some good research on blockchain technology.
Maybe you were a trader in the stock markets and got lucky by converting your capital to the right place and at the right time, in the end, it doesn’t really matter. It all depends on being profitable, or like cryptocurrency traders on ‘Crypto Twitter’ often say; “Buy low, sell high”.
The actual cryptocurrency markets
With this being said, I know as an experienced ‘bitcoiner’, being a trader or investor in these highly volatile markets isn’t all bed and roses. You have to have a strong stomach because on the ‘red’ days declines in the price of bitcoin in USD with 10-20% is no exception.
Currently, the total cryptocurrency market has been in a tiring bear market for months and daily action is very boring. In my experience, the danger in a market that goes sideways is to overtrade. We all know that altcoins could give nice leverage when trading against bitcoin but these trades could also go against you very quick! Go in and out certain trades too often will result in losses or a decline of your total capital in bitcoin. You certainly don’t want this overtime.
The recent bearmarket in Bitcoin
Of course, it all depends on the discipline you have as an investor, and also the experience as a cryptocurrency trader. To be honest with you, during the last bear market in 2018, I didn’t notice on time that the total cryptocurrency market turned bear, which cost me a lot of ‘virtual profits’. So as a retail trader on Binance, I decided to take it easier being a day trader and committed to a certain ‘HODL’ strategy. In the end, 1 bitcoin will be 250K and we will be all rich and famous, isn’t it?
But getting back on the subject, there is currently a massive opportunity online which could be something for guys! Currently, with the online digital revolution in full force, online work is also getting more and more digital. A lot of paid work can be done from home with only one condition: a working internet connection for your laptop. In this blog post, I will get into more detail into affiliate marketing and why it could be a massive opportunity for starting online business or even better: earn bitcoin without having to trade.
What is affiliate marketing?
The best definition of affiliate marketing and what this is could be described as:
Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make.
So affiliate marketing is about selling products you don’t have to own yourself. The idea is that you find a subject that you love(bitcoin, crypto) and start creating valuable content about it. This could be in various ways like :
- Start a YouTube channel
- Use social media and just share your thoughts
- Start blogging
- Use paid advertising(Facebook, Google adSense, Instagram)
How to start as an affiliate
In my opinion, to be successful in starting an online business is to educate yourself first before just throwing new content online randomly. The idea is to get a serious income from this online business and be able to create more time and freedom for the things you really love in life. This is what I did at the end of 2018, and so far things are going pretty well either with my new online business as setting up new trades in the cryptocurrency market.
So how does this affiliate marketing actually works? Basically, in this process there are 4 parties.
- The merchant – This is the party who owns the actual product and is willing to share commissions for selling.
- The network – This is the intermediary between the merchant and the publisher. Both parties use the network to share knowledge , technology and collaborate.
- The publisher – Also known as affiliate. This is the actual content creator or blogger.
- The consumer – The actual buyer of the product.
How affiliate marketing works
In this picture below an example of a fully functioning affiliate network, which includes the introduction of a new customer and processing the sale by the actual affiliate network.
Why affiliate marketing
The internet has opened the door to a limitless way of working that just doesn’t have the same restrictions the old way of an offline business has. The phrase ‘time is money’ just doesn’t have to apply anymore. The rise of technology provides us with the opportunity to systemize businesses and focus on providing value. Most importantly for aspiring entrepreneurs and people who want to live life on their own terms, it has created the world of Affiliate Marketing. This has wiped out the notion that you need the next big thing to start a profitable business.
Affiliate marketing gives you the opportunity to leverage successful existing online business models with their own quality products and you can partner with them. You find people who wish to buy their products and you get paid a healthy commission when a sale is made. Those existing businesses have the product, the customer service, the value to give and an affiliate simply acts as a middle man or an ambassador by carrying out marketing for this business itself.
In other words, you don’t have to worry about product insurance, hiring staff or setting up customer support. The only thing you have to do is go online(social media) read about the things you love and create value! It’s really that easy.
Earn while you learn
So how to start as an aspiring affiliate? Right now I want to give you a chance to profit from a new opportunity which helped me a lot a few months ago. This opportunity is the chance to join an online program that educates you in all the needed aspects to become successful as an affiliate. When you join this program it’s not all about reading content and watching endless videos. You’ll get the opportunity to start as an affiliate and during the online course the probability to earn while you learn. This program really gives you a head start in this new exciting world as an online business owner.
SFM starting online business opportunity
The company is called SFM and offers one of the most easy-to-follow step-by-step online marketing opportunities in the world for those who are looking for starting an online business from scratch. They have great opportunities for existing affiliate marketers. In either case, you’ll learn how to sell life-changing products with the potential to be paid life-changing commissions selling products in virtually any niche and around any interest you can imagine. They have some of the most advanced affiliate systems and technologies on the marketplace.
Low risk high reward opportunity
I know this online business thing could be something new for you and of course you have doubts, but you have nothing to lose and everything to gain. While the chances that you won´t love this business system are very slim (their refund rate of just 3% speaks volumes), if for some reason you find it´s not for you, they offer a 30-Day Money Back Guarantee, no questions asked. Simply send SFM Support an email and your application fee will be returned without delay.
If you want more information about this new opportunity as cryptocurrency investor or trader, you can sign up for a free online webcast here. Also, to start right away, go here to start your new journey as a starting online business owner.
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!
Latest posts by Jelmer Steenhuis (see all)
- Best Cryptocurrency Business Opportunities for 2019 and Beyond - July 18, 2019
- Decentralized Finance & Blockchain: A Very Powerful Combination - July 15, 2019
- The Cannabis Industry: A Perfect Example Of Working Blockchain Technology - July 10, 2019