Contributed post
Earning money online is a significant area of interest. In fact, there are plenty of blogs and site dedicated to just that, with advice and opportunities gathered from the far corners of the internet. However, if your wallet is looking a little thin, you may be wondering what the best digital strategies are to get that cash rolling in? Luckily, you don’t have to comb through all that info online, instead just read the advice below.
Cryptocurrency
With all the buzz around cryptocurrency at the moment, you would be forgiven for thinking that you could make money without much knowledge or work in the field. However, like all sound money-making strategies, this isn’t the case.
In fact, you can be successful in a number of ways with cryptocurrency, but all of them will take work, investment and knowledge of the market. Something you can gain by reaching this area in a bit more depth.
Probably the most common and less risky way of making money online from cryptocurrency is to set yourself up as a miner. This means that you dedicate some of your computer’s running power and memory to validating cryptocurrency transactions. You then get paid, usually, in small amounts of the currency you are handling, and you can build up your income from there.
The other option to make money online with cryptocurrency is to trade it either in a similar way to stocks or via arbitrage as a currency. Both of which can be very profitable, but do incur a greater risk as you will be playing the very volatile stock market.
Mobile apps
Creating a mobile app is also another fantastic way of making money online. Something that the designers of Angry Birds, Candy Crush, and Minecraft will happily tell you.
Creating an app can be a long term digital revenue source.
Of course, you need to follow the in-app purchase model if at all possible. This is where you provide the game or app for free but withhold some of the best content in lieu of payment. A tactic that can ensure repeated purchases all from one single app download.
The best thing about making money from an app is that you don’t even have to be a computer wizard to do this anymore. In fact, you can use companies like Lexel, app developers to design and create it for you from your own original ideas. Something that means that as long as you can secure the startup funding, it’s a pretty accessible strategy to use to make money digitally.
Pay per call advice lines
Last, of all, don’t forget that a wonderful way of making money in the digital world is to run your own pay per call advice line. This is a setup that is usually run via a website that provides the information client needs as well as the number they can ring to get one to one advice and support on a particular issue.
The issue you chose to advise on is entirely up to you too. Something that means most people have an area of expertise that’s relevant, and that can be used to help others while earning a solid income.