Five Ways To Make Money With Ethereum – Coin Noob
Ethereum is here to stay. At least for a while. And therefore many early adopters are looking for ways to make money with Ethereum. The cryptocurrency world is an industry that will make many millionaires and billionaires ter the following years, and it’s your choice if you want to rail the wave and profit from this fresh technology.
If you are a bit tech-savvy then you should most likely consider embarking mining Ether. Especially if you think that this digital asset will keep enhancing ter value for the next year or two. This is significant because depending on what mining equipment you buy and how much tens unit costs where you live, it can take up to 6 months to pay back your initial investment. For this to toebijten it is very significant for the price of Ethereum to remain at its current price. Of course, if it increases then this timeframe will be even shorter!
The people overheen at 99bitcoins have built an Ether mining profitability rekenmachine. I very recommend you to check it out before you purchase your equipment. This way you will know before arm if this little “venture” is going to be worth your time. Additionally, you will be able to predict how much money you will be earning from your mining equipments every month.
It’s certainly a nice side income to have! Especially if the electrical play costs are low where you live.
Investing ter Ether
Albeit this option may seem visible, I thought it is a good idea to include it ter this postbode along with some interesting facts. Te 2016 alone, Ether enhanced ter value by almost 1.200%, and it is displaying no signs of slowing down.
The creation of the Enterprise Ethereum Alliance ter February has added a loterijlot of credibility to the project and resulted te the price skyrocketing to fresh record highs. At the time I am writing this postbode the Ether price is around 350$. Many members of the ETHtrader community on Reddit, including mij, expect Ethereum to kasstuk 800 USD by the end of 2018. So there are still some profits to be made there.
While te most cases it’s not a good idea to do long-term price predictions, I do think that Ethereum might kasstuk a market capitalization of 1 Trillion USD te the next Ten – 15 years. The current market cap is of 30 Billion USD. That would mean that every 1.000 USD you invest te Ether today, would be worth 30.000 USD te a decade.
Please, don’t take this spil investment advice tho’, I’m not a financial experienced.
Become a blockchain freelance programmer
Experienced blockchain programmers can earn up to 300K USD vanaf year. And since there are rather few programmers with thesis abilities and the request keeps rising, you can expect this salary to skyrocket even more te the coming months.
Of course, wij are talking about professional programmers with Five+ years of practice te the blockchain world. However, if you are interested ter programming then it’s better to commence learning now than never. One of the best resources I have found so far for learning blockchain programming is Basel Ismail‘s reaction on Quora. He wrote there a very extensive guide on how to get commenced. Another good resource is Blockgeeks.com, you will find their webstek especially if you are a beginner te the programming world.
Once you feel certain enough to begin selling your services spil a blockchain developer, you have many platforms to choose from. The thickest of all is certainly UpWork, there you’ll find many clients looking for people like you to finish their project. Secondly, there is Freelancer.com, however, what I have noticed so far is that this toneelpodium is more focused on the lower end of the market. So you should expect to earn less on average on Freelancer.com than you would earn on another toneelpodium. And ultimately, there’s jobs.ethercasts.com and moneo.io, both platforms are targeted at the upper end of the market. I recommend you that you make an account at thesis two once you have at least Two years of practice.
Every time a fresh technology pops up, newcomers need blogs they can trust to get their information from. Spil I have seen on my Google Analytics instrumentenbord, the rente for content like “What are some real world uses of Ethereum” or “Ethereum price prediction 2018” has spiked like crazy. So If you are a good writer, a good researcher and you are sultry about cryptocurrencies, I strongly encourage you to embark your own blog.
Once you get a welgevoeglijk amount of traffic you will be able to monetize it either by displaying Ads, selling courses, selling your own E-Book, or even through consulting services!
Feel free to leave a comment or druppel mij an email if you need any advice before you commence building your own blog.
Make DApps and monetize them
Ethereum has made the development of a entirely fresh category of software possible. Ethereum’s core technology can be used to make so-called “smart contracts”, which can be used to build DApps (Decentralized Apps).
DApps have practically limitless applications and it’s your task to come up with an amazing idea that you can zometeen monetize. The cool thing about DApps is that once they are set up decently, they can make you money day and night without any need of maintenance or supervision. This permits you to eventually build up a portfolio of DApps that provide you with a nice monthly passive income.
An example of one utterly successful DApp is the online gambling webstek Etheroll.
And that’s all for today, my friends!
Please make sure to share your thoughts te the comment section below.