You want to know more about making money online (MMO) but can’t find a credible source of information?
Well, then you have found the right place. The article below will guide you through some of the most reputable forms of making money online in 2021.
Earning Interest On Crypto
One of the most common ways to earn money online is through earning interest on crypto.
The crypto market (cryptocurrency) has been bustling again in recent months, signaling a new uptrend cycle. And the trend this time that I want to talk about is #DeFi with continuous pumps of x5, x10 x20 accounts, making the crypto investment community standstill.
But what is DeFi Trends and why are so many people talking about it?
With DeFi, developer organizations only create an operating mechanism, a protocol.
Since it’s so new, we CANNOT say that #DeFi will be successful in the long term. Depending on the short term, DeFi has been and is receiving HUGE support. Whether this trend will be successful or not remains to be seen in the future.
And you and I are here to take advantage of this trend to increase our assets. Because of the number of individuals and organizations that support this #DeFi trend more than the number of people who oppose it.
The number of coins locked in the DeFi platform is 6 billion USD, which has a super-fast growth rate. However, this is only an odd number with a cryptocurrency market with a capitalization of up to 400 billion USD and may soon reach 1 trillion USD.
- Fast, bypassing cumbersome financial procedures.
- No dependence on financial institutions & central authorities.
- Uncontrolled, difficult to manipulate.
- Open the code, anyone can check the transparency.
- Anyone can create #DeFi applications without permission.
- Strongly received by the community.
- There is no clear regulation, but #DeFi directly affects traditional financial services, the more it develops, the more it affects => There is a high probability that #DeFi will be controlled by the government in the future.
- Ethereum’s scalability is poor, directly affecting the performance of #Defi applications (Maybe resolved in the future)
- Smart contract error: Because it is very new, #DeFi products/applications are almost the first time to the community. Surely many products will encounter errors, even serious errors.
These risks have hardly happened much, or have not had a big impact on the #DeFi trend, so this trend is still growing exponentially.
Affiliate marketing is the best way to generate passive income for beginners to make money online. Simply put, affiliate marketing is you looking to promote others and earn commissions when customers buy through your referral link.
One of the most common ways is that you create a product review site, in the review you attach the referral link, when the customer clicks on the link it will go to the purchase page, and you will receive a commission after the affiliate network platform confirms that the guest has paid.
The two best affiliate networks that you should join our Accesstrade and Adflex.
Accesstrade has thorough training programs in affiliate marketing skills, products from guaranteed brands, and high commission rates of up to 20%.
Adflex’s affiliate marketing programs are very diverse and spread from Vietnam to the world along with extremely fast payment times, once a week to help you rotate your capital.
There are 3 ways for you to make money with Youtube easily:
- Make money from placing Google Adsense ads on videos
- Make Money With Affiliate Marketing Affiliate Marketing
- Advertise for related brands and collect fees.
To make money online with Youtube effectively, you need to know how to SEO your video to the top 1 of Youtube’s search to get a natural video viewer traffic, from which you can make a lot of money via Youtube.
One secret to increasing your income is that you can combine it with affiliate marketing. You can make a video review of a book and link to Amazon, or experience a product of a cosmetic company and link back to their website.
Google AdSense is an advertising program from Google that allows you to place banner ads on your website, blog, or YouTube videos and get paid when visitors click on them.
Simply put, you have a website or YouTube channel with a lot of viewers.
You attach the Google Adsense code on your website when someone clicks on the ad on your website. You will receive money.
When someone sees that ad, Google will collect money from the advertiser, and they will pass a part of the commission to you.
Making money with Amazon FBA (also known as Fulfillment by Amazon) is a form of making money online where you will post your products on Amazon, or even ship your products at Amazon’s warehouse. When someone makes a purchase, Amazon will take care of the entire delivery of the product to the customer.
When you have stable online sales through online sales or Dropshipping, you will have the desire to create a brand of your own. And FBA Amazon is a way to help you sell online and develop your brand effectively.
Simply put, FBA Amazon is you taking care of online sales and Amazon takes care of shipping for you with the following process:
- You send your product to Amazon
- They store these products in their warehouse.
- When a customer places your product on Amazon.
- Amazon packages, ships, and tracks your order for you, and it also handles returns and refunds, so you can save a lot in operating costs.
I hope this sharing about making money online will help you get inspired to start your MMO journey. However, not everyone who participates in MMO money is persistent enough to succeed.
There have been many people who had to give up halfway because they were too bored. If you intend to start making money online, keep on trying to find out for yourself a way to make money online that you find most interesting and suitable.
The world of MMO is very large, you need to constantly try to improve every day to fill the necessary amount of knowledge. To become a master, you need to constantly think to find the most effective options. Good luck!