Combination Of Online Businesses You Can Do To Make A Living

Combination of Online Business you can do to make a living

There are variety of Online businesses you can do at a time to make a living. Whether you want to do these as a part time job while keeping your main job or do it as the only job, you need to try them first to see how good it is to you before you make conclusions.

Online business grants you the freedom to make money while having time to do other things. It often affords you an opportunity to work without leaving the comfort of your home.

There are different categories of online business. They can be found both in sciences and art and other field of human endevour.

I will be mentioning some online businesses that I have seen has capacity to pay over time.

Blogging

There are many categories of blogging but I will mention a few here. Further research will bring more exposition to this should you chose this career.

1. Steemit Blogging: This is a new type of blogging under a blockchain technology. It is fast and easy. You see your earning on the go and does not take time before you get your pay. This is better than conventional blogging for different reasons. This will be a subject of another post.

2. Normal blogging using web content management systems such as wordpress, joomla, drupal, blogger, etc. In these platforms, you publish your article to gain traffic on the web. This traffic is then monetized using traffic monetizing sites like Propellarad and Google Adsense to make money. There are free platforms and paid or hosted platforms. Paid platform are actually better though than free platform because you are free to manipulate your website the way you want it.

3. Publishing videos and pictures on multimedia platforms Like youtube, vimeo, flickr, etc. Using these platforms, you can publish videos and use it to gain traffic that can be monetized or sold. You can equally sell videos or pictures as the case may be example - vimeo and flickr.

Trading

Under trading, you use money to make money. You can trade on shares, currencies, cryptocurrencies, futures, binary options, etc.

There is a lot of money to be made under this area of online business. However, because of its volatility, there is also high potential to lose money. For this reason, I will advice anyone who wants to go into any of these areas to first study the area very well and start with a little sum and eventually scale up

Under this platform you have:

• Forex trading: This is where you trade different currency pairs by predicting which one will appreciate over another. You can achieve this by registering on Forex brokers online eg: Liteforex, fxdailyreport

• Cryptocurrency trading: Here is where you trade cryptocurrency like steem, bitcoin, etc. You can do this by registering on cryptocurrency market brokers like Poloniex, Bittrex etc.

• Binary Options: This is another form of forex trading although it is significantly different. You can check out some popular binary option markets like 24option for more information.

Minning Cryptocurrency

You can actually make money online mining cryptocurrency. There are several ways of doing this using some specialized computers like ASIC machine or just by deploying the cpus and graphic cards (gpus) in your old computer.

You can also mine using your computer hard drive like in the case of Sia coin and Burst coin.

You can mine multiple coins by just signing up on a website designed for such mining like Minergate. You can equally mine in a site like Genesis-mining though differently.

Genesis mining and Minergate are different in modus operandi. In Minergate, your computer processor or gpu is used to mine the currencies, so you still pay for energy and all that but in Genesis mining, they are the ones doing the mining for you. You just have to pay for the hash rate which determines the value of your pay out.

It is also important to note that blogging and curating in steemit is a form of mining steem and steem dollar.

There are many other online places and platforms for value creation. I will stop here today so as not to make this post boring.

I will be glad to have your feedback on the subject matter.

How many other online business do you know that ought to be here?
How many of such business do you consider lucrative enough for you to engage in?

Drop your feedback via the comment section.

Kindly resteem, upvote and follow @richguy.

Images from pixabay.com