Authored by: @hetty-rowan
Is it Sunday already?
And then here we are again… It's Sunday again. The week has flown by, I'm still in a busy time, so I've had little time to be online, and I don't feel like it can be Sunday yet again. LOL. Yet it really is, and I really have to sit down today to write my LBI blogs. And since my time is very limited at the moment, you can tell by my own blog where blogs only appear sporadically, and the comments are already lagging behind. Time is a weird thing! And I'll be honest, it's been a long time since I've had so little time to do my things online. But hey… none of that matters. A blog needs to be written NOW, and I will.
What I want to talk about today is something that can be interesting if your investment opportunities are not that great or even not present. But you do want to earn crypto.
Today we are going to take a look at all the possibilities there are to earn crypto! And those options are also available for people who have no, or only a small budget to spend.
So read on if you are interested in this.
The first way, I've written about it before. But I might like to mention this one again. We are of course talking about the;
AIRDROPS
Supper easy, anyone can do this
The new crypto projects that are coming out are not in the spotlight. And what they want is to focus their eyes on their project. Get them known to the crypto public. Make sure there are people who find out that they exist, and they give rewards for that. There are two types of airdrops, of course we all know the airdrops that start up from another project, and then airdrop when you keep the crypto of the first project in your wallet. We'll see that in about 87 days when SPK Network takes the snapshot of your Hive balance for their larynx miner claim drop. (You can read all about it in the blog if you missed it).
But another way of an airdrop is that there are also projects that airdrop your tokens when you perform certain tasks for them. You can think of often simple tasks such as sharing the project on social media.
Is this rewarding? That can never be said for sure. They are usually new projects, so it can go either way. Also, the good side. Such a token that you get dropped CAN increase considerably in value, but maybe it doesn't do anything at all. The advantage for you is that you got the tokens for free, and that makes it attractive. You didn't have to invest anything, so you don't lose anything if it isn't a straight shot to the moon. In any case, it is an easy way to earn crypto, and anyone who has been in crypto for a while knows one thing for sure. In any case, crypto has the potential to grow and become more valuable, which you can no longer say about fiat money.
The second thing I wanted to bring to your attention is perhaps a slightly more difficult way, but if it is feasible for you, then this is also a very good way to earn more crypto.
We're talking about here;
Affiliate Marketing
When you think of affiliate marketing, you don't think of earning crypto so quickly. Yet it has also become very common within crypto. Think, for example, of the affiliate links of the exchanges that you may be working with on a daily basis. Many of the exchanges have an affiliate link, and if your circle of acquaintances or social media reach is large enough that many people use your link to start or expand their crypto adventure with that exchange. Then you can earn a nice sum of crypto / fiat with that.
The concept is simple, leave your link in as many places as possible, and make sure as many people as possible use this link. They then have to invest as well, but once it starts running you will see that you can earn a nice extra without having to do anything.
In affiliate marketing, you can say that it is indeed worthwhile to have 'friends'.
We move on to the;
Bounties
This is a way that is not for everyone. That much can be said with certainty. Bounties are often more difficult to execute. And sometimes just not to do for people who have no technical knowledge.
The most common Bounties in the crypto world are the so-called Bug Bounties! You will look for bugs in the code and pass them on to the company.
But if you are someone who has sufficient knowledge to get started with this. Then it CAN be a rewarding pastime to look for and participate in this.
Take as an example that Coinbase was at least paying about $30K a few years ago per bug found.
It can be explained why the rewards were so high, because while $30K may sound high to you (to me anyway), it's a drop in the ocean for Coinbase. And they would rather pay you this drop because you found and reported a bug, than a hacker found the same bug and walked away with a lot more money.
In short, they are happy to pay you a hefty amount because a hacker would cost them a lot more. And by tracking down the bug, you saved them from that. Win-win situation that crypto companies like to pull the wallet for.
Another way to earn crypto is very easy except for a first initial investment.
Cashback for shopping!
Now an image immediately comes before my eyes of a 'shop-a-holic'. Waving 40 bags on each arm across Beverly Hills' biggest, most expensive shopping street, shop in, shop out. LOL! Unfortunately, it's not so rosy anymore!
But the fact is that you can earn crypto in this way. I will briefly describe what it is like for me, every month I put 100 euros on my crypto.com card which I then use to do my shopping, and make online payments where possible. The Crypto.com card is a debit Visa Card. You will have to deposit an amount on your card yourself before you can use it.
I must say that I find this very pleasant to work with, because that way you have good control over what you spend. It prevents me from overspending! When you have topped up your card, you can simply pay with your card wherever Visa Cards are accepted. On that amount you spend, you earn an x percentage of cashback. The amount of your cashback percentage again depends on your CRO stake. CRO is the coin of Crypto.com. That's where the first initial investment is for. The higher your CRO stake is, the more cashback you get!
Isn't this better than paying with your local bank card? I pay as much as possible with my crypto.com card for the same groceries that I have to do anyway, and then I also see some cashback in return. This cashback is in CRO, so it can also increase in value over time. And I'm not spending more than usual. If I did this with my bank card, I would get nothing in return and I would also lose my money. There are several of these cashback programs, that much I know. But since I don't have much time to write this blog today, I'll leave the search for which program suits you best up to you.
Next week more ways to earn crypto
There are a few more ways to find. But you know what… I have to write a blog next Sunday as well. So the other ways I could think of, I'll just wait a week until next Sunday! Lol!
Time to move on for me
Well LBI'ers, that's it for this Sunday. I will quickly continue with all the other things on my schedule for today. I wish you a nice Sunday, and see you tomorrow!
