Thanks for jumping on my blog to begin reading my Best 5 Ways To Make Money With Crypto In 2023
If you love crypto as much as me and my family then this important information is just for you. Why? because it will point you in the right direction to make good on your crypto investments.
I mean, how rich do you want to be with crypto? will a million dollars cut it for you? well here are 5 ways you can maximize your chances in the crypto life that will either break you or make you much more money.
Don’t think that the whole crypto world is done with and finished just because most of the crypto markets have been obliterated by the bear market, plenty of FUD, and other things.
Crypto, in my opinion, is only now just beginning and you can still make a ton of money to retire on in many moons to come.
So saddle up and enjoy these great ways to make money with crypto in 2023 and retire in the sun while another bear market wrecks people’s lives.
NOTE: Millionaires are mostly main during a bear market (such as it is now) and NOTÂ a bull market.Â
1. CRYPTO MINING
Got a laptop? got a PC lying around? Well if you want to make some extra money as a side hustle, you can do so with that odd computer that is gathering dust in some attic or basement.
Even if it doesn’t have a great graphics card that is required to start crypto mining through GPU’s but on the flip side, you can try your hand at CPU mining with basic equipment.
Crypto mining is never going to go away just because the crypto markets are down and the bear market is taking its toll with trust and confidence with investors are at an all time low.
Top 3 coins to GPU mine in 2023
- Litecoin
- Dogecoin
- Ravencoin
The best CPU coin to mine with your basic laptop or PCÂ
- Monero
There is also another way to mine crypto and that’s through CLOUD MINING
The best thing about cloud mining is that it involves no mining equipment and just an investment usually with a company that does all the mining with their own miners.Â
This used to be huge back in 2020 but so many scammers ripped off many people so be careful of cloud mining companies as many of them are scams. DO YOUR OWN RESEARCH FIRST.
2. CRYPTO STAKING
So you have your coins right? they are sitting in your wallet doing nothing so what can you do to them to make you more money?
You can either use them to buy things….but you don’t want to do that or else you be left with an empty bag of nothing and plenty of it.
Or alternatively, you can STAKE your coins and earn DAILY, WEEKLY, or MONTHLY dividends or interest paid to you for LOCKING them away for a set period.
One of the best crypto exchanges which allow this is BINANCE and they have some awesome interest rates or you can download the crypto.com app and join their staking program.
The top 3 best staking coins on crypto.com at the moment are:
- USDC
- ETH
- BTC
So if you want to make extra money in the form of crypto from locking your crypto away, you will get a nice return when the bull market returns in 2025.Â
3. CRYPTO REFERRALS
Did you know that you can actually make money from referring other users to the crypto app called Coinbase? well now you do and if you want to earn free money build a team.
All you have to do to make this happen is speak to your friends and family or actually build a sales funnel via click funnels and you can get sign-ups via your landing pages.
You will be shocked by how much you can earn passively by getting free money from your referrals. If you don’t want to do this, you can get free crypto by joining the education program on coinbase.
4. CRYPTO HOME MINERS
Did you know that you can earn crypto rewards through mining with Helium Miners which are basically hooked up like a router in your home and once connected to the network you EARN?
Helium Miners are fast becoming a great way to earn HNT coins which can then be converted into Bitcoin and cashed out. My friend Sammy loves his miner which he bought off eBay.
If you want to learn more about mining HNT coins with your own Helium miner then go check out this guy VOSKCOIN on Youtube. He knows his stuff and will educate you on Helium.
5. CREATE YOUR OWN CRYPTO/NFTs
Now this is what I love about crypto, is NFTs. Basically, digital art that you can create or own and it’s basically stored on the Blockchain to provide proof of ownership. Got a great idea?
If you got a great art idea and you want to sell your idea in the form of an NFT, thanks to WEB3 technology now you can flip them for profit when the going is good on the web.
Next year I will be starting my own NFT line and selling 10k of my own unique artworks via my TikTok fan page and giving away a few of them to my loyal followers on my @Sidehustleking channel on the app.
If you want to start your own, get in touch and I will do my best to help show you how to get started with your own digital empire and show you how you can make money with digital art in 2023.
Till then, if you want to get started in the NFT world, invest in some NFTs and perhaps see if you can flip them for profit. Good luck!
Final Thoughts...
Thanks for reading my Best 5 Ways To Make Money With Crypto In 2023Â and i hope you actually want to start making extra money with crypto with one of the above methods.
Most of the above methods do involve TIME and EFFORT but once most of them are done, the great thing is that after that point it’s quite passive and you will just get paid 24/7.
Always know that crypto will always go back up eventually so get in now before it’s too late but then again, it will never be late as there are always new ways to make money with crypto.
NOTE: Just know that crypto is very volatile and only put in what you can afford to lose.
Welsh finance blogger who has been blogging since 2008 and finding the best ways to make money online and from blogs in almost every niche.