Topic: I need 5 sources of revenue to generate $200 each per month - Ideas? - page 12. (Read 6448 times)

i really dont know if this would qualify to what you are looking but take note i am not promoting this im just sharing it
anyways recently i got my stake from Miracle tele campaign and its stackable which means you can get a reward every 2 weeks
if i computed right my 3k tele would give me 90euros a month. I can give you the link or you can simply search this finished campaign for the details.
May God bless you financially and guide you with wisdom.

Based on the foregoing, I would suggest that Trading is still the best bet and you are not the only one in this situation. Several people work 40 hours a week which makes setting up another line of business difficult at the same time signature campaigns cannot be counted upon because of the various variables attached to it. But with trading, you might not always win, but you are sure to make some decent returns. Learn the art and be faithful about it. What I do in most cases is to buy and keep for the next few days. I take the little marginal returns and move on to other coins. With this, the steady flow wont cease and the you know that the more the capital, then better. Consider that option.

$200 per month isn't something big, it's achievable. But as I understand, you have limited time that you can spend and it's a problem.
Bloggin can be an option, but it requires lot of time and you should be a good writer. It's not an easy task to build website from scratch, you also need to understand things like SEO well. To make $200 from website per month you need to have decent traffic.
Affiliate marketing. Actually, it can give unlimited income, but everything is up to you. If you have good knowledge in marketing you can earn a lot.
What else you can do? Not much comes to my head. There is quite many ways to make money, but it's risky or requires specific skills and knowledge.

What a suggestion. Its better to have nothing than to take advantage on getting someones money.This wont really fit out.

This I do suggest too yet it can generate passive income but it depends on the niche but if its being done well then its a worthy shot.


That's a hell of a work for just reaching $200 monthly but still an option to make.

Blogging

You can generate a passive income by blogging. In your shoes, I would select 1 or 2 niches I think I am able to generate something. Searching for some low keywords, spying a little the competitors, comparing metrics etc. once I have an audience I would start to monetize with something. The sure thing is it doesn't generate $$$ immediately. From what I get you don't have a lot of time to dedicate and don't have the resources to invest, so you need something you can "click and forget"

But I have to tell you that despite you already work a lot you will need to work more if you follow this road. Not saying you will end working 80 h weekly, you can dedicate 2 hours weekly if you want, it also depends on what are you blogging about, etc.

Freelancing
Maybe you have some skills you can monetize?

GPT websites, I don't know the patience you have but you can make $200 monthly doing tasks and completing surveys

Both of these are crap options.




Irrelevant reply again. I am not asking anyone to provide me free lunch or opinion. Also this is not a thread for you to sig-farm.

buy 2 units of Antminer T9+ and do hosting ?

https://whattomine.com/coins/1-btc-sha-256?utf8=%E2%9C%93&hr=20000.0&p=2100.0&fee=0.0&cost=0.0&hcost=0.0&commit=Calculate

 

Not just by investing. I ain't got a squat to invest and I am neck deep in debt.

But I am looking to set up some kind of revenue stream that is semi-passive.

I am already working 40+ hours a week but I am not very efficient. I want to improve my efficiency and cut back on my current work so I am spending like 30 hours a week on this and dedicate about 30 - 35 hours a week to whatever alternate revenue source that I would be setting up.


Already thinking along this line. Any suggestions on what to do?


Never. Not my thing. I have a $1500 loan irl + online combined and I am losing sleep over it. So forget about that, not my cup of tea. I'd rather die starving.

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I don't think you quite understand what I am after. But thanks for the input. I'll elaborate a bit later about why what you are saying is irrelevant here.

To make 1000USD per month only by investing means you either have to invest VERY much or you have a HIGH risk or your own work is included.
Crypto is same like real life. Thats the same everywhere.
The difference is, there are opportunities to make a lot of money but the risks are higher than anywhere else.

Spekulation:
I recommend hodl, because its quite sure, the btc rate will see higher values than today within 1 year. But dont hodl shitcoins, only BTC.
So if rate goes up(better said if YOU sell 36% higher than YOU bought) 36% within 12 months, its around 3% revenue per month.
So investment needed of 30000USD to make 1000 per month. Still there is a risk, but you can stop loss any moment.

Trading is a lot of work and knowhow. As a beginner you will loose. Its underpaid if you dont trade high volumes.

Investment:
Dont buy ICOs or similar token. Buy company-shares. But dont expect a high income. Usually its around 5%/year, but still risk involved.
That means: to make 12000 a year you have to invest 20 times more, thats 240000.
But if done clever its quite safe.

Dont count on pyramid shemes/MLM/HYIP.
Usually you have to invest by yourself and you have to promote systems, where you know, that the people you try to involve will loose.

Mining: You WILL loose, except if you live in one of the few areas where electricity is extreme cheap and available.
CloudMining: For sure you loose.
Stake: You probably will loose.

Open your own cryptobusiness: Extremely big chances, but knowhow, work and money needed.

Make a cryptoscam: Seems to be the most profitable,less risky and most practised variety of cryptobusiness. Get VERY rich VERY fast. Not good for Karma.

Conclusion:
Without work, there is no safe income by investment, except you invest VERY much.
Especially in Crypto everybody wants to get rich fast.
Most loose.

Why not buy a realworld business?
Best is invest in total different businesses. This minimizes risks.

Invest in a Surfshop
Open a Beer- or Cocktailbar or Massagecenter
Hodl BTC
Buy some shares of Google/Apple/CC/ or whatever big company
Hold a few ounces of Gold
Buy Real Estate(Land) in very good location


Dont leave dollars at the banks.

I already have a domain name and a membership with wix that I got last year. So this is already in my plans and I agree with you that this can be one of the most stable things if done right.

I am looking for more ideas.



Zero experience with this. I'm afraid I'd lose more than I'd make.



Generic replies not need but I appreciate your response. A service is not scalable. Since I want to spend more time away from the computer to start working on my own reskilling/upskilling, I need something that I can scale without my direct time involvement.


Any more similar comments will be deleted.

I am afraid you will need time before you can generate $200 per month and it could not happen in a short time. But if you have skills in trading, then the first place would be cryptocurrency trading. If you have skills in building a website, then that will be second place. Joining an affiliate or publisher will be a good idea, but that will only work if you have huge traffic for our website. If you have money, you can build a gambling website so you can start to earn money. I don't know the rest option because to generate $200 per month, it needs effort and needs time to start that amount.

Next to your starting capital It is generally risk/reward. The lesser the risk the bigger your start capital needs to be.
Investing in a casino bankroll is maybe a thing to consider.

Start you own eCommerce.

Dropshipping - You do not even need your own product. Buy products from amazon and sell them in ebay
Affiliate marketing - again you do not need your own product however you need to have very good knowledge about how online advertising works.

These are the two side income you can try. The first one will not need any money at all but the second one may require a lot of money just to educate yourself and to use the proper tools.

Good luck.

Guys.

So I was wondering if you guys could give me ideas to set up some revenue streams that would not require much time investment per week.

Ideally each source of revenue should bring in about $200 per month and should be scalable.

I have some of my own ideas but I can get too biased about what I think is the right thing, so I want to open up this discussion to all of you that might have better ideas than what I could conjour.



Self-mod thread, but I won't delete your posts unless you start trolling.