How you can make money is a newbie in cryptocurrency without a lot of money?

in steem •  7 years ago  (edited)

Many of us steemians are college students, stay at home moms, unemployed and just above broke(no, not you cryptomillionaires I am talking about the 99% hmph). I know sometimes it can get discouraging seeing whales with $1,000,000 networths and $1000s per post when your earning pennies and wonder if it is smart to stay the course or abandon ship. Well I am here to tell you that yes you can make money and become financially free using cryptocurrency even with a limited income. Below I will list a few, now some of these people call scams or are a bit volatile, but that what people say about cryptocurrency in general. I will keep it real with you and say that you will have to invest a few dollars, so I suggest you start saving now!

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  1. Steem- good for you that you are here already! Look how smart you are imagine a smiley face here I know your saying your already on steem and not making much and don't see yourself making much for the forseeable future. But if you want to jumpstart your steem earning it is best to invest in steem. @jerrybanfield has a helpful video that explains that if you make an invest of $100 on steem, you can make enough everyday upvoting your posts and gaining interest to grow your steem exponentially.

2.Genesis/Hashflare contracts- Instead of mining your own cryptocurrency which can be expensive and not that profitable unless you have advanced(more expensive) equipment and low electricity costs. Some smart people in various countries around the world with lower electricity costs than the U.S. set up their own mining companies and offer contracts for mining. You can get a contract for as low as $2.20! although the more expensive the contract the greater your daily profits. You can use these daily profits and reinvest to maximize your profit and extend your contract.

3.Bitconnect- I know this one may cause a few eye rolls, but I love bitconnect! I have made over $20 in less than a month off of a $100 investment. If i can continue to reinvest $10 by april of next year I will have made over $1300 without having to invest a single extra penny. In september many people will be getting their capital releases back and I suspect that a lot of people will jump on the platform then.

(my bitconnect profit, my referral code https://bitconnect.co/?ref=cryptowomb
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I know you may be saying but I don't have $100 to reinvest ):, don't fret my next post will be about how you can make $100 to invest. Let's get this money!

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My kind of post...this is where I've started and doing pretty well so far...

Come on, you should know this is the game for whales not minnows. You took all that time to write this article and you only got 3 cents. You're better off working at McDonalds.

with more reputation and followers come greater rewards, just keep on contributing!

I have a job lol, i do this for fun...i am going to invest so I can make more per post