What Other Ways Can You Make Money Online?
There are many other ways to make money online that don’t quite fit into the categories already mentioned. So let’s now have a look at a couple of those…
85. Buy & Sell CryptoCurrency
Cryptocurrency or digital currency is the next big thing in currency trading. It’s a digital asset that is used as a method to pay for things, that isn’t run by a government or institution. Bitcoin is the most well known digital currency and was trading at $200 per Bitcoin back in 2013. Now it is worth over $17k and is expected to be worth well over $1m in 2022.
There are other digital currencies that are well worth investing in such as LiteCoin and Ethereum, which have also seen substantial growth recently as well as lower value coins such as Ripple and Tron which will no doubt increase in value over the coming years.
Cryptocurrency is still very much in its infancy, so get in now before its too late.
You can buy and sell cryptocurrency at online currency exchanges such as Binance, Cex.io, and Changelly. Also, have a look at my guide to the best bitcoin/cryptocurrency exchanges.
To give you some idea as to how lucrative a long-term investment strategy is when it comes to cryptocurrency, I bought 100 Litecoin at $5.89 back in 2014. It’s now trading around $270 each. That means I have $27k worth of Litecoins from an initial investment of $580.
Additional Resources:
86. Teach online
Sharing your passion and skills by teaching online is yet another way to make money online. Sites like Skillshare are always looking for teachers to create courses and support their students online. And Skillshare’s top teachers make up to $40000 a year.
87. Expert Mentoring
If you are an expert in your particular field of business you can earn high fees for your advice. Clarity is a business website for startups and entrepreneurs. Sign up with Clarity as a mentor and then make money online by conversing with customers.
88. Become a Life Coach
If you have an interest in helping others then you might want to become a life coach. There are numerous online courses you can complete to give you the necessary qualifications and experience to become a successful life coach. You can then start promoting your life coaching services online and picking up clients.
89. Create Virtual Events
If you have a background in marketing and a passion for a particular niche, then organizing a virtual event may be just up your street. A virtual event could span across a day or longer. Individual live sessions would be run by experts in the field. And conference features would include live question and answer sessions, forums, and plenty of free giveaways. Visitors to the virtual event would pay to attend, so the more effective your promotion of the event the more money you would make.
90. Buying and Selling Domains
Buying and selling domains can be extremely profitable, with a single domain earning you thousands. However, this is a long game, and you may be waiting years for someone who is prepared to pay big money for one of your domains.
To learn more about becoming a full time domain flipper, check out DomainFlippingGuide.org and download their course.
Resources: Best Domain Registrars
91. Day Trading
Day trading is a very popular method of trading. However, to enter into this line of business you will need to have some upfront capital. And if you want to be successful you will need to do some research into what is involved. Sign up with eToro to learn what to do and begin trading.
92. Forex
Instead of trading stocks or commodities, another option is to trade in currencies. ForEx, also known as Foreign Exchange or Currency Trading, is the largest market in the world. If you haven’t dabbled in trading before, start small, and remember don’t risk more money than you can afford to lose.
I recommend both Plus500 and Etoro – but I prefer Etoro as I just love using their CopyTrader functionality. This feature allows you to automatically copy the most successful traders on Etoro.
Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision. This is not investment advice.
93. Become a Bank
Again, if you already have the capital to invest, then you could consider becoming a bank. Zopa is a peer-to-peer platform that will lend your money to others wanting to take a loan. You make interest on the money lent, which is paid back in monthly repayments.
94. Matched Betting – No Risk ( If you do it properly! )
Matched Betting (not available in the USA) enables you to gamble (nearly) risk-free. I say nearly as there is always room for error! It involves placing bets on all outcomes of an event, using free online bets given out by the Bookies. Although it may take a while to get your head around the concept, Matched Betting can make a substantial addition to your monthly income.
Resources: Oddsmonkey – Takes all the hard work out of Matched Betting.
95. Enter Competitions
There are numerous online competition websites displaying thousands of competitions for you to enter. These competitions could win you prizes, gift cards, holidays and cold hard cash. Spend time each day finding and entering competitions. The more you enter, the better your chances of winning.
96. Fill Out Surveys
Other site you might want to check out:
Swagbucks
Survey Junkie
Inbox Dollars
OneOpinion
American Consumer Opinion
Pinecone Research
PaidSurveys
YouGov
Opinion Outpost
MySurvey
Toluna
Global Test Market
Survey Junkie
Inbox Dollars
OneOpinion
American Consumer Opinion
Pinecone Research
PaidSurveys
YouGov
Opinion Outpost
MySurvey
Toluna
Global Test Market
Resources: How to make money from doing surveys
97. Get Paid for Searching the Web
Earn cash for searching your favorite sites and then completing surveys. You will be asked to share your opinions on a variety of brands, and get paid for doing so. Sign up with Qmee to start using their free Qmee browser app.
98. Get Paid to Review Music
Slice the Pie is a review site that will pay you for every review you post. Leave feedback on tracks, artists, clothes, and more, to help brands make decisions on what works for their audience.
99. Get Paid to watch Videos
Swagbucks is another type of ‘get-money-to’ website. Although Swagbucks offers a number of ways to make money, getting paid to watch videos is amongst its easiest gigs. Simply sign up with Swagbucks, then watch and rate videos to earn points and cash.
100. Type up Audios
If you are a fast typer then getting paid to type up audio tracks may be for you. Take Note Typing is always looking for transcribers who can work from home typing up scripts.
101. Work on Amazon Mechanical Turk
Amazon Mechanical Turk has thousands of tasks available for you to choose from. Select the jobs you want to complete and work on them from home in your own time. Pay is low, but can quickly add up over time.
What is Amazon Mechanical Turk?
It’s a service that enables you to make money online by undertaking small, paid microtasks. The tasks that you can expect to do is stuff like rating an Amazon search result, spelling checking, proofreading a listing, basic translating etc.etc.
It’s a service that enables you to make money online by undertaking small, paid microtasks. The tasks that you can expect to do is stuff like rating an Amazon search result, spelling checking, proofreading a listing, basic translating etc.etc.
102. Become a Clickworker
Similar to Amazon Mechanical Turk, ClickWorker offers a number of online jobs for those looking to make money online to pop up their income. You can select the job that interests you, from correcting text to participating in online surveys, and then complete the work whenever is convenient for you.
103. Test Websites and Apps
If you have a decent understanding of what makes a good website from a user-experience perspective, then your knowledge and opinions could earn you money.
The website UserTesting will pay you $10 for every website or app you review. Simply sign up and then start reviewing. Each review should take 20 minutes, and you will need to complete a set of tasks whilst on the app or website.
Most sites like usertesting.com pay ~$10 per 20 minutes, or ~$30 per hour, which is awesome for just looking at a website and giving your honest opinion.
Normally you’ll be asked to test a few websites by visiting them and to document and record your reactions and thoughts as you go through it. It’s really easy to get set up making extra money online by testing websites. All you need to do is sign up to the following services: UserTesting.com, Userlytics, TryMyUI, Userfeel, TestingTime (UK only), or Side Income Jobs.
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