How to make money with blockchain

The ways to make money in the blockchain include: 1. Speculating on coins; 2. Vendoring; 3. Promotion; 4. Providing technical support; 5. Opening an exchange; 6. Developing wallets; 7. Blockchain projects ; 8. Suppliers of basic equipment.

There are eight ways to make money in the blockchain:

1. Coin speculation.

Stock trading is the same as stock trading. Speculating on coins is one of the easiest ways to make money. Bitcoin is known to everyone. Since the birth of Bitcoin, its price has increased more than 40,000 times. In addition to Bitcoin, there are also many electronic currencies such as Ethereum. Coin speculation is divided into primary market (ICO) and secondary market (stock exchange). The primary market is like an angel round of investment, usually played by professionals; in the secondary market, you go to the stock exchange to buy some. Money is just like buying stocks, buy in at a low price and sell out at a high price.

2. Hawker.

Blockchain is a worldwide transaction. On different platforms, different currencies will have different pricing during different time periods. Many people can move from low-price platforms to high-price platforms like hawkers and earn the price difference. Such a blockchain profit model has a relatively low threshold. But now, there is a team-based businessman who moves quickly and accurately.

3. Promote and earn commissions.

This method is the same as Taobao, make a link on Taobao, then complete the transaction, and then share. The rule of the blockchain is to first register an account on an exchange and then send out the link. If someone trades on the exchange through your link, you can get a commission. The threshold for such a blockchain profit model is relatively low.

4. Technical support

Provides blockchain technical support to some teams and companies. This blockchain profit model is very demanding and very technical.

5. Open an exchange

Open a trading platform, let everyone come here, and then charge a certain fee. This is a tall order.

6. Develop wallet

Wallet is the underlying structure of the blockchain similar to "Alipay" or "WeChat Pay". The main flow of business. This is a tall order.

7. Blockchain project

A. Issuance of coins. Take Ethereum as an example. Ethereum's fund raised an initial investment of $18 million, while he himself left 10 million ether. The rule of the game is to use the money raised first and then invest in developers. As technology develops, the value of Ethereum will also increase. After that, it was the consumption of ether coins, the consumption of 9 million ether coins, that led to the circulation of ether coins. The remaining one million Ether is worth $100 million. The profitability requirements of this blockchain are very high.

8. Supplier of basic equipment

Blockchain is very popular now. Whether it is mining or doing other things, it is inseparable from equipment. For example, manufacturing machines and wafers. For example, Bitmain’s hardware and software generate tens of billions of dollars in revenue every year. The profitability requirements of such a blockchain are very high.

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