How to Become Self-Employed using Crypto
It's 2022 and crypto is not just another magic money anymore. A lot of industries are using crypto and blockchains in everyday usage. This has created more jobs and opportunities through which we can financially sustain ourselves.
A lot of people are ditching their jobs by earning profits through crypto. This may be distant dream for many but plenty of bloggers, writers, designers and content creators are using crypto to become self employed.
How is it even possible?
We are going to see some of the options on how to become self employed using crypto.
Let's take a look at some of the easy options that you can check out to earn online in crypto and make money to turn yourself into self employed.
Content Creator. Blogger and Crypto News Curator.
Do you like writing about crypto? If yes, then you can earn crypto for writing on sites like noise.cash, read.cash and leofinance.
First two would earn you Bitcoin Cash while Leofinance earns you Hive and LEO for content creation.
You don't like getting paid in crypto? No problem. You can get paid in USD when you write for client on their platform.
By doing the freelancer gigs on platforms like upwork, fiverr etc. You can easily get paid in USD and get money through payoneer and paypal.
You don't even have to create the news yourself. Some of the time curating and adding your own commentary is often enough too.
Many twitter and social media channels would pay you for writing crypto news curation. Find out such jobs in remote jobs or the upwork and get paid to do just that.
I can write a lot on this topic. As this is the option I have selected and found out that so far I have made like 3 BCH through writing alone.
I have yet to break the self employment threshold where I can completely live off the online earnings.
I have seen people who did and also sustaining their lifestyle through writing and through earning crypto.
Crypto Trading & Investment
Do you like reading candlesticks and other analysis charts? If yes, then you would love the crypto trading as your daily activity.
Investing in crypto is a risk but if you know how to take that risk then you can surely build on this trading.
Traders have a lot of tools these days like copy trading and auto algo based trading. And things have reduced the amount of time it takes to stay on the computer.
So if you like this sort of the hustle then you should consider trading as a means to become self employed using the crypto.
I am not a trader and so this is not a financial advice. I suggest reading articles of various newbies, intermediate and experts on leofinance.
A lot of good content is posted there on trading which you can check out.
Crypto Staking & Dividends
You are not going to be rich doing these two options. Like staking won't make you any comfortable nor stable with the returns that it gives you.
Dividends based investments are also risky but if you play the time and cards right they can generate money for you.
Truth be told you have to learn to take out the money the right time from such type of the investments. There are many such investment schemes you have to be using them the right way.
NEXO, Celsius, Binance and few others offer such staking and dividend options that you can use for generating some income online.
These places can be risky to invest into because we don't know how they could give this much returns. And so be wise when investing the amount in them.
Know how to strike the balance between the amount. So staking and dividend are good just know when to take out the money.
What do you think?
I am yet to be rich with all of this. I am just another blogger exploring my way into the crypto. And so far the slow progress of crypto content writing has worked out for me. I document my journey on both read.cash and also on my noise.cash profile.
What about you? Have you tried some of these? Did it helped you become self employed?
Self employed by using crypto nice idea.You have explained it so well.