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Blogging
Blogging ranks number 1 in our like of making money online as it requires very little capital, and is extremely beginner friendly. You don’t even need to know anything about programming or coding to get started or even maintain the blog. Essentially, you can build and run a website without code! How cool is that?! It is so beginner friendly that you can get started within a few minutes.
If you are however into programming and coding, starting up with a blog has offers great learning value. Even if you are not into programming or coding, you will learn so much not just about the industry, your niche, and digital marketing, but also about yourself.
The best part is the unlimited profit potential when making money online. Depending on your niche and how you build and maintain your blog, you could earn anything up to 7 digits a year. That is a lot of money, and you can even make money from home.
You could even outsource some of the work that you find mundane or don't like to people on Fiverr, freeing your time to do the things that you enjoy!
It is a good blend of everything:
Make money from home
Low capital
Unlimited profit potential
Easy to start
Publish Books
Most people have at one point in their life considered writing a book. One would not just need to write a book, but also find a publisher willing to publish it. Whilst it used to be a difficult process, with no guarantees that the publisher would take it up, you can self publish books very easily today!
The previous method of finding a publisher meant that you as the author wrote the book, and in most cases gave the rights to the book to the publisher. The publisher could publish your book or not. If they did choose to publish your book, they would take up the book design, and marketing. In return, you as the author would likely be getting a low amount of royalty for the book sales.
Today, you could easily self publish a book. However, you would need to design the book cover, proof read, edit, and market the book yourself. If this gives you the shivers, fret not. Fiverr has a team of freelancers capable of doing all that. You can editors, designers for your book cover, marketers, people to build a website for your book launch, and much more!
So, if you really want to write that book, get started with it now! You can outsource the rest of the work that you can't do yourself to freelancers on Fiverr.
Flip Domain Names
Flipping domains is done by buying or rather renting a domain name that you think other people want, and then selling it at a higher price. You could choose domain names based on keyword research or what you already know of an industry.
You could easily buy a domain name through Hostinger or NameCheap.
The challenge is that you are renting that domain and would need to pay an annual fee for it. You would also need to sell it at a higher price. There are a lot of popular domain names that are already taken and some would fetch a very high price. If this is for you, head over to Hostinger or NameCheap and hunt for your preferred domain name.
If you are considering flipping domain names, you could consider selling websites as we would outline below. This is because a lot of the hosting plans, such as the one provided by Hostinger's Premium Shared Hosting plan, come with an offer for a free domain name, and SSL with each subscription.
Before you drop this idea because you don’t know programming or coding, let me tell you that in this day and age, you can make very beautiful websites with absolutely no programming knowledge or code.
Companies such as Elementor provide a simple process to get started and maintain not just a website but even an entire e-commerce platform. They can handle the process from domain name registration, web hosting, and provide a website building tools, templates, pictures, and much more.
An alternative to companies that use website builders are to use WordPress to build websites that are hosted on Hostinger's WordPress Hosting plans.
You can customize it to your needs or the needs of your client. You could also work as a freelancer.
If you know programming and coding, this would provide an equally viable option. You could build the websites using code from scratch and host them on Hostinger's Hosting plans. Be sure to check which plans provide free domain names with a minimum of 12 months subscriptions.
Either way, if your client wins, you win.
Design and Sell Logos
Don't have the artistic flare to draw, and design logos? No problem! Today, technology allows anyone, whether artistically gifted or challenged to get a logo designed in minutes. The solution?
Logo Makers such as those made available by Fiverr and Turbologo provide a simple process to get a logo designed with your company name, slogan, and preferences within minutes. Enter the required details, and a list of options are available for your to choose from. With Fiverr, the design would also be protrayed on cups, business cards, a mobile screen, as well as a laptop to give you an idea of what it would look like.
Day Trading
Day trading is a very popular way to make money from online. Countless people have at some point in their lives tried day trading to make money from home and quit their jobs. It is a skill that if mastered, can be used in any where in the world and performed across a multitude of assets from forex, cryptocurrencies, shares, commodities, shares, and CFDs. Thus, making this a very versatile skill to have.
You would require:
A trading account - could be stocks like Interactive Brokers, or cryptocurrencies like Binance, etc
It does require capital to start and if you get it wrong, you stand to lose your capital. Furthermore, if you use leverage, you can win big, and lose big. Some times, you might lose more than your capital. With such risks involved, the stakes are higher. Hence, the level of knowledge and practical application required is way higher than that of a beginning investor. If you are considering this, then be ready to learn, apply, and lose before you can consistently make money in the long term.
Cryptocurrency Staking
When interest rates change, so does the interest rate paid on savings accounts and term or fixed deposits. However, in the world of cryptocurrencies, there are stable coins such as BUSD and USDT, which are cryptocurrencies whose value is pegged to the USD that pay up to 10% per annum in a cryptocurrency savings account. I bet you don’t see that in your savings account.
There are cryptocurrencies that at this point of writing are even offering 80% per annum returns if you were to stake those coins for a fixed duration. This is passive income on steroids.
All you need is an account with Binance. There are tutorials for everything on Binance. Here’s just a rough idea of what you would need to do. After you have opened the account, you would need to fund it in whichever way you prefer. After which, you can choose the asset in which you would to stake or have a savings account for and make sure you have that asset in hand or you would need to buy it. At the end, you can set it to auto renew if you wish.
Make Money Online
Ever thought of financial freedom and retiring early?
Or have enough income whilst you make money from home whilst being able to spend time with your family?
Well here's you chance to explore ways to make money online all from the comfort of your home.