This post is a call for ideas on building a crypto income. My focus is on income, not investing as such. I don't have fiat to put into investments, but want to build an income. Some of the different activities I have used so far are:
source: pixabay
- Mining. I use minergate (This is a referal link which may benefit me if you join through it) My computer's are not great and I don't have a decent graphics card so my mining returns are quite small. I probably only make a few dollars a week, but am planning install a new GPU soon to boost this return. Minergate is relatively easy to use without much technical knowledge. It may not be the best paying way to go, but it suits my needs at the moment. Currently I am mining Monero, as it offers the best return from minergate with my equipment.
- Cloud Mining. Also through minergate, I have some cloud mining contracts. These are on Bitcoin and Monero. I bought some of these with fiat earlier in the year, and have reinvested most of the earnings. Recently I turned some of the profits into Steem, but have now gone back to buying more contracts from the profits. I have invested around $300 of fiat in these contracts, and at current prices am making around $10 per week. The biggest attraction for me with Minergate as opposed to other cloud mining offers around was they run for life - or until no longer profitable. Some of my contracts bought early on at around $13,000 to $14,000 BTC price level have gone close, but all survived the dips below $6,000 and continue to pay out everyday.
- STEEM from daily posting. Obviously, being active and posting daily here provides some daily income. I have worked on building some conections and being involved in a few communities, and their support and encouragement (and votes) adds up to a few dollars a day currently for my posts.
. I am a big fan of SBI and have been working very hard to build my numbers of shares up. Another appealing part of their program is the "lifetime" of up votes. This still requires me to remain active regularly to continue to benefit from the flow of votes.
- Delegate SP to voting services/bots. So far I have only delegated to one service -
. The return is nice, and I love that they pay daily. I am definitely keen to do more of this with them, and other services as it is a truly "Passive Income" - my favourite kind of income.
- Sell votes. I have done this a little but my vote still isn't worth much. I also traded some votes for SBI shares from my followers, and that had a good impact. I havn't made much from this, or from following curration trails (from curretion rewards) yet, but can see that money can be made this way with higher SP levels.
- Manna - I have signed up for Manna and now have a couple of referrals. This earns a couple of cents a week, but may be worth more in time - who knows. Its free and requires no work. My referral link is below if you are not already a member. (I will benefit if you join from my referral)
- Paid reviews. On the weekend I wrote a review of the
service - click here for details. I was paid with an SBI share. The review is genuine and it is a service I do use and would very happily recommend. That post has a
opportunity attached to it, but no one has taken it up yet. See the linked post for more details.
- In the past I tried out some faucets, but the time and repetitive nature of these got boring and I gave up on them without really making anything.
source: pixabay
The purpose of this post, with a small bounty attached via
(the first time I have used their service) is to call for comments with other ideas for generating Crypto Income.
I like passive income, as my fiat life is demanding and my time is limited, but all sources of income are interesting to me. Obviously not interested in anything illegal or immoral, but keen to find out what else is out there. Trading is not really for me - I don't have the money to invest or the time to monitor it, plus when I have tried it I was not very good at it.
Let me know what else is out there. What income sources should I research.
Thanks for your time reading and responding to this post.
Have a great day,
John.
I have recently posted a review of
. Click this link for more details and a
contest there.
If you would like some free crypto, follow this link: https://www.mannabase.com/?ref=4884fdd285. Manna is a cryptocurrency aimed at providing a Universal Basic Income to all. Once a week, Manna is deposited in your account. You can earn bonuses through referrals like this.
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