I'm currently working at a normal 8-hour shift job, 6 times per day in order to make a living, but I was always seeking some extra income that could be earned at home. Moreover, I'm doing my internship now, in order to graduate, in which I'm working from home, online. However, I do not actually count that as an online income, due to its nature.
I'm interested to see how other members of this community earn money online, either if it's a full income, or some extra pocket money. I used to trade a few months ago, when I was out of work due to Covid-19 restrictions. Likewise, I've stopped now because it was causing me anxiety, while at the same time having limited time due to being occupied with work.
Although I've stopped trading, I invested my money into DeFi projects, the first vault I joined as a liquidity provider, was an algorithmic stablecoin (Bolt Dollar), which resulted in approximately $1.000 in gross profit, before sinking into the abyss. I've now resigned from risky vaults and invested into Stable LPs (Currently in Iron - BUSD). It's a small reward but involves minimal risk and action.
My last source of online income is signature campaigns, I've been in one for quite a while and I wish I had more time to post more, but I do not, I'll prefer to not post crap all around the forum just to get my post count up.
I might not make much, provided I had more free time than I would definitely earn more, but I'm satisfied that I have another method of earning some kind of income. How are you making money? Are you a full-time trader, a DeFi investor? Let us know!
Trading was a risky way to make profit. And yeah, it's good that you stopped since it was causing you mental issues. Signature campaigns work good too, but you won't be earning your living. So don't depend on it. And don't chase after "free coins". You will literally collect dusts that won't even cover your transaction fees. The best way to earn is through selling your skills. If you are good at something, sell it for crypto. This is the only "no risk" way of earning crypto currencies online.
I genuinely forgot to reply, and it suddenly struck me. Trading was pretty risky, I did however make a decent profit each time I traded, approximately a 7-10% if I am not mistaken. On the other hand, it was really taking a toll on me mentally, it was driving me anxious, nervous and irritated. I would constantly sit on my phone or computer, observing the prices and charts on Bitstamp.
On top of that, I wouldn't stop thinking, what if I had done X Y or whatever differently, I would have made more money and so on. Investing on LP Vaults on Beefy is quite profitable, while I get to choose how risky my investment will be.