Topic: The profitability and effort put into different ways of earning bitcoin - page 2. (Read 744 times)

That might be a useful chart for newbies who are willing to find a investment or earning source for themselves. Trading and mining too are been considered into riskier ways but they might give good profits but would require a lot of hard efforts in order to find some better peaks and dips. There also needs some more things which needs to be added like bounties, etc which would differ from signature campaigns.

Bounties might even be treated a riskier source of earning but with medium efforts. This would usually be a plus point for us if we could open multiple sources of income rather than just depending on a single source for our income.

I wonder if its really true that there's high profitability in HYIPs, Gambling, and Lending as on based on the experience they are only high risk. I've lost enough money while doing HYIPs! As for gambling, you win some, you lose some and I never tried this lending thing ever since, don't really know how does that work.

Is blogging really profitable until now? I tried blogging back then and it does involve high effort as you need to keep up with the trend especially if you are blogging about cryptocurrency. Also, it isn't easy to increase followers, subscribers and getting your site ranked. I guess it is profitable for someone who knows and enjoys blogging in my opinion but if you are someone (like me) who only does it for the sake of earning money and not sharing knowledge, I swear you'll get tired of it, so it isn't something that could be taken lightly in my opinion.

Writing for a campaign isn't a very labor intensive job It takes time, but can be done while listening to music and drinking a beer. I wish other jobs were as relaxing.

Idon't know what you mean in the second part. I'm talking about signature campaigns not some ICO investments. If you write for a campaign it doesn't matter how the project does in future you'll still get paid daily or weekly for your effort.

Subscription campaigns are the tidbit of this cryptocake, but it’s not clear where you got the amount of $ 2 / day? It’s clear that the signature campaigns pays in different ways, from rank and other factors, but I think the amount of $ 2 is underestimated, in most campaigns it's $ 3-4.
For example, in mine, this figure now is $ 13 / day.
But it's very good campaing.

I believe that each participant in a company’s signature invests their time and labor, even if this is not the equivalent of money, then it still has a certain value.  And if you consider that most of the projects in recent years do not show good results, not to mention of course fraud, then this activity for the user brings minimal income.

This view is very objective, and depends on the opinion of each person who has a different passion. It's just that, in general from the quadrant we can draw one big conclusion: high profitability is always accompanied by high risk and high effort. Everyone also has their own tendencies, there are those who are interested and very good at trading, so that makes it the main way, there are those who like to write and master all the techniques needed to support their writing to produce results, some are more interested in signature campaigns for the reason each. Each of these options also has their own size, it can't be said the signature is more profitable, or trading is more profitable, etc ... this really really depends on the circumstances of each.

You're not taking an important factor into account which is the investment.
A signature campaign doesn't need any investment to begin! This means that it may earn you much more than trading if you're only trading with something like $500. Also it doesn't put your money at risk at all it's always pure profit. You're wrong in so many things in this diagram. HYIP is not high risk. Scams don't count!

Starting and launching our own blog isn't that challenging job as we can even find some blogs domains which we could acquire for free. We need to have immense knowledge about the articles we would be publishing on our blog as it needs to be attractive and should be something which matches the trend.

People should find benefits by going through your blog and once you succeed, you can have good benefits just by displaying ads onto your blogging platforms. Also you can get paid for publishing few articles onto your blog if you collaborate with any of the emerging industry. You can really earn a passive and active source of income from blogging.

I wouldn't live off of earnings I get from signature campaigns even if I held a Legendary account. The truth is that fast food workers and cashiers make more money per day on average than the highest paying signature campaigns here. Yes there are some campaigns that do pay more than $8 per hour which assuming 8 hour workdays becomes $64 per day, but do you see Legendary accounts spamming posts here?

I am biased to dealing with dollars when talking about any conversion between bitcoin and fiat money because I wound never withdraw to a foreign currency, and the person above me did manage to make a living off of signature campaigns, but when you consider that millions of people stuck with these jobs need lots of insurance and federal programs just to cover basic outstanding expenses, the things you can spend with your sig campaign money become limited.

I can share my little experience regarding signature campaigns.

I know that some here are saying that "Signature campaign must not be considered as a main source of income". To be honest I tried to experiment myself for a year. I didn't work for a year and I'm in my home only playing games and browsing the forum. Yes I'm not that techy compare to other people here but at that time, signature campaign is my main source of income. Did I survived? Yes and I also bought my own desktop last year too and I gave some money to my family. My earnings in my current signature campaign covered up all of my expenses (since I'm not that extravagant at all).

Or just I'm lucky compare to other people here who are joining signature campaigns (Bitcoin-paid) because I have been accepted to a signature campaign who has a high rates and running for a long time already. Yes you can consider that since I have a bit of luck at the time when I applied for them but the bottom line here is "You can consider signature campaign as a main source of income". It is just a matter of:
-does your monthly earnings in the campaign can cover all of your expenses in one month.
-do you have luck (kidding).

P.S. Right now, I have a work IRL while browsing here. New year = new life is my motto right now so I need to add additional sources of income .

Blogging is on the high profitability corner because it's for real but it's not that you can easily make money through making 1, 2 or 3 blogs. It takes time for your blog to be monetized unless you are writing for companies and you've been tied up with them with a certain contract for which you need to provide blogs or articles to them in scheduled manner. But making your own brand alone, this is going to be a difficult beginning although mostly it's really the hardest part of everything.

If you are good at anything, serve well and get payment in Bitcoin/other alts. If you are a writer, write blogs/articles about any specific coin and sale it, get reward for your effort from the project owner. Or anyone can start business and use crypto as main currency. like any e-store that sales products. Buyers will have to use crypto in order to buy from the site. This is not out of risk though as btc price fluctuates a lot. Signature campaign was a good source of income once, not anymore. Good projects are scanty and merit system in the forum makes it nearly impossible for the new member to earn from it. We , the old guys here, are lucky enough.
And Trading is always risky but sometimes it brings big profit. I prefer alt coin signature bounty. Not always rewarding but sometimes I get huge reward from it.

I would also suggest trading your altcoin holdings(if there are any) because it would give you additional income. Signature campaign is the most common way to earn profit in this industry without the need to invest. But it is now hard to join such campaigns because of the requirements with regards to merit and such. Also, the rank in this forum limits the participants to do so, a bit unfair to those who has low forum ranks. Gambling is also another way but do take note of the risk.

You have a point   I was thinking that since information and tutorials about different areas of knowledge like technology and engineering is so readily available on the internet, most of the people spamming nonsense here could use their heads, stop what they're doing, actually learn the above things, and assuming they are willing to share it with others, make a blog about teaching what they've learned and do their best to keep the traffic and as a consequence revenue up.

Or failing that, they at least have enough skills to get a $5K/year remote work job considering that online courses go for $200 and they can at least claim they took that on their resume. Which is worth way more than ad revenue you would get from a blog.


I'm guessing that professional bloggers make their money almost entirely from ad revenue (explains the Block-AdBlock notices everywhere). I myself don't make any money from my blogging cause my platform doesn't support it.


Thank you. I strongly disagree with the author of the website link about HYIPs being profitable because from my gut feeling, you have a greater chance of winning the lottery than making money off of a HYIP aka usually ponzi schemes because why would they want to give you back a huge amount of money that you sent? And if they are legit, they may have less funds than the amount you send in. At least lotteries don't try to cheat you from your prize.


Already sent you a PM to the source because I didn't read this reply first (I saw DmdrDmdr's). Excuse the noise.

EDIT: Forgot to write this earlier, but it's sad that an early adopter of bitcoin is the one who wrote this article, if joining in 2013 can be called early. He is misinforming bitcoin newbies with his article.

Well, blogging is not that easy. I did try making a blog and I can't create one that easily. I know it is more profitable than sig. camps but not all of us here can create an interesting and good blog or even an article. Though if I will be given a chance to be paid to make one, I would try again, we don't know it might work.

Signature campaign earning probably can't sustain your daily needs, I will advise to have a decent job and let the signature campaign be your extra earning while having a job. (Unless, if you do an account farm, but this is not advisable) All I mentioned above is not worth it to have a profit if you have a family to feed. Aside from that, cryptocurrency is very volatile and very risky if you are short term holder. So, it has made a sense to find a job first and then invest bitcoin when you have your salary.

It's really a simple one. The signature campaign is not for primary income. It's just an additional income so that when you post good stuff, you will be paid even if what you did was just to post something you are really interested in. Faucets and minings should not be in the list of the high risk and high profitability part, as well. Because honestly, minings and faucets don't really give great profitability compared back then when there's bull run. It seems like the chart is outdated.

I would rather join a signature campaign and do blogs than mining. The highest profitability you can get in cryptocurrency is in Trading, Business, and Gambling. But if you really wanted to earn big income in cryptocurrency, try to learn and master taxation. And Big shark bitcoin holders will find you.

Thanks for finding the source, upon reading the article I find that the author is just throwing together whatever he can.

He hasn't actually done in-depth research into how each industry works, and hence can't accurately gauge the effort and probability scales.

Blogging is a good source of income in cryptocurrency, but most people are not interested in it because it’s not easy.
You can already see it at the upper right quadrant, signifying there’s need to put in higher effort than you will do in signature campaigns.

You will have to worry about writing good articles and after that you are left with worrying about getting audience, and not just audience but the ones that will come to stay. It’s not an easy thing to do, so that’s why people are not interested in it. Most big blogs don’t write contents for themselves, they pay writers to do it for them. As a start-up you might not be able to afford paying writers to write for you since you’re not even gaining anything yet.

I think most sig campaigners don't really have a lot to say about crypto, and I'm not sure how profitable blogging would be for the average person just trying to earn crypto--especially if they don't have any writing talent, which also seems to be the case with sig campaigners.  Just take a look at what those idiots are writing over at cryptotalk.org.  It's all spam and plagiarism, and that's why so many of them get booted from campaigns on this forum.

This is an interesting infographic, OP.  But HYIPs are shown as being highly profitable, and I'm not sure that's the case.  My impression has always been that those are Ponzi schemes in which most participants lose all their money.  I also think that term "HYIP" is only used on bitcointalk, because I've never seen it used elsewhere.