Perhaps, you are earning Bitcoin Cash now and maybe you're hodling some for a hope that it will soon pump and profit from it. But aside from hodling, how do you boost your Bitcoin Cash? How do you boost your income? I think Bitcoin Cash is intended to spend to make a BCH transaction. Doing a Bitcoin Cash transaction while earning an awesome money is a great way to tell the world about the advantages of using BCH. This article allows you to explore other earning opportunities with Bitcoin Cash by becoming a BCH trader, becoming a BCH exchanger, setting a bills payment center with BCH and finally becoming a BCH merchant.
Disclaimer: Everything that found in this work are not professional advice. Ideas and insights come from the author's knowledge, observation and experience only. The author and the site (the read.cash) as the publisher shall not be held liable or responsible for any misunderstanding or misuse of the information in this article.
To start this venture you must have a smart phone or computer, an internet connection, BCH wallet and of course a fund or BCH.
Become a BCH Trader
Help yourself to earn from the world of Bitcoin Cash. Be a BCH trader.
One way to boost your hard earned BCH is through crypro trading. Know that the basic of trading is "buy low, sell high". So, if the current buying price is low, it's time to buy BCH and hold in your wallet and if its selling price is high, it's probably time to sell your BCH or wait for it to become even higher.
There was a week I remember last February this year, I almost buy and sell everyday my BCH earnings from noise.cash. When the selling price gets high, I used my earnings from that previous day to sell. When the buying price gets down, I buy BCH without touching my previous profit from selling. So, with the profit I earned, I used it to buy prepaid load for my mobile data purposes and also I used it to sell prepaid load for others.
For guide and inspiration about simple BCH trading, kindly read this article "How I Earned 0.1 BCH in 4 Days" written by @John28 .
Become a Bitcoin Cash Exchanger
Help other people to participate in the world of Bitcoin Cash. Be a BCH exchanger in your area.
Setting up an exchanger business can be set up at home, no need for physical space. But if you have a physical store or a small store, you can also add this business by posting an ads that you are selling or buying Bitcoin Cash. Your profit then depends on how much you want to add additional charge on top of the amount of BCH equivalent to fiat the customers need to sell or buy from you.
Becoming a BCH exchanger in our area is also my dream which I can actually add up in our small store but since road widening is on the move, the store needs to be reconstructed. Maybe I can do it instead in the near future.
Important: It is best to use your BCH QR code when receiving or sending BCH. You may print it or save in your phone gallery for easy access.
Helping others... Not business related... But BCH related...
Sometimes, we trade in BCH with ewallet or other crypto in our Messenger group chat. Example Friend A needs a fund of 0.01 BCH, Friend B will send that amount to Friend A while Friend A will send an ewallet to Friend B with an equivalent amount in fiat or PHP (depends on the current price of BCH to PHP). What's the best thing with this GC is that we do not charge extra charges when sending and receiving BCH.
Become a BCH Payment Partner
Help more people with their prepaid needs, online transactions and bills payment concern using BCH. Be an all-in-one BCH payment center in your area.
Set up a payment center in your area while using BCH. You can offer services like prepaid load, ewallet/bank transfer or remittance and bills payment using the coins.ph app. Coins.ph is very popular in the Philippines for it serves as an all-in-one wallet for sending and receiving money, paying bills, buying prepaid load, buying cryptocurrency, etc. As I have already discussed about the prepaid load and ewallet services on my article entitled "Three Business Opportunities to Venture with Low Startup Involved", I will not discuss it here anymore but you can check it out through this link.
Aside from accepting payment for eload and ewallet services, you can also accept bills payment through your coins.ph account. If you have BCH earnings from other apps and sites like noise.cash, you can transfer it to your coins.ph BCH wallet and convert it to PHP wallet then you can use it for payment purposes like bills payment. With coins.ph account, you can pay more than 90 bills for your customers like electricity bill, water bill, postpaid telecom, broadband, credit card, cable channel provider, insurance and a lot more.
For me a 2 to 5 % charge is a good start for setting up your bills payment business. Currently, coins.ph runs a special promo when you use their bills payment facility. Get Php 5 cashback for every successful unique bill payment and get Php 100 cashback for every 5 successful unique bill payments per week.
Become a BCH Local Merchant
Do you have a physical store and would like to use BCH as a payment method? Let people know in your locality about BCH as a contactless and cashless way of payment. Avail the faster blockchain confirmations and almost instant transaction with BCH.
Start accepting BCH as a mode of payment in your own store and enjoy the benefits of secure and safe transactions. Your customers can rely on its security for there's no sensitive personal information of the customers can be divulged unlike fiat or credit card payments sometimes.
Display your BCH QR code in your store so that customers can easily scan and pay you directly.
Additionally, you can also start an online business via Social Media and let your customers pay you via BCH.
“Never depend on single income. Make investment to create a second source.” - Warren Buffet
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Author's Note
✓ This article has been checked via online plagiarism tools:
About the Author
Just call me Frank. Exploring cryptocurrency since 2015 is my enthusiasm and writing since I was young is my passion while helping others in whatever way that I can is always my heart's desire.
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I like this article. It is so informative for the readers.