The rise in cryptocurrencies has really got me thinking, “Is it possible to earn a full time passive income from cryptocurrency?” I have come to the conclusion that you can do this, by working across a number of currencies and platforms and one of these is Steemit!
Steemit is a blogging and social networking website on top of the Steem blockchain database. The Steem blockchain produces STEEM and Steem Dollars which are tradeable tokens users obtain for posting. Steem is on the rise and are constantly growing from posting quality content.
It is possible to make $100 dollars a week from steemit and there are already people exceeding this!
The Steemit referral-program allows you to use you’re a personal referral link to sign-up new Steemit-members, so that you get tagged as referrer. You can do this by sharing your personalised affiliate link to your blog or sharing articles online. For example:
You can expect debate on the sustainability of the massive increases in the value of Bitcoin to continue. Clearly the growth in cryptocurrencies more broadly is something that is sustainable and will continue well into the future.
My strong advice to everyone who has not yet done so is OPEN AN ONLINE WALLET NOW! It will cost you nothing (other than time) and give you an understanding of how this central aspect of our new economy operates.
Once you find your feet, start investing with small amounts while you learn the ropes.
Follow the news and listen to credible commentators to inform your own decisions about what and when to buy. You can follow my facebook page at https://www.facebook.com/RobJPyne
While the risk is overstated, online wallets have been hacked, so you should spread you investment over two or three wallets. When you have built up some real capital online, you can back up your cryptocurrency and store it completely offline, which is 100 per cent safe (just don’t lose your hard drive or thumb drive).
I hope you take my advice, open a wallet and start making money. I would love to see our city and country ahead of the curve on this, as early adopters of the wealth generating technology of the future.
Bitcoin did not max at 10K, in fact it has now passed $15K per coin. In this interview, John McAfee founder of McAfee anti-virus says the Bitcoin is destined to reach $500K, yes a cool ½ M per Bitcoin. https://youtu.be/biQImJmvQPQ We don’t know about this, but our strong recommendation remains to BUY Bitcoin! https://www.coinjar.com
Low Income People are NOT excluded from investing in Cryptocurrency (lucky for me). My most frequent purchases are around $9.00 of ethereum or $12.00 of bitcoin. At least it puts you ‘in the frame’ now, before it is too late. I want Cairns at the vanguard of this! The block chain will dominate ‘old currency’ within years, so join the digital financial revolution now! https://www.coinbase.com/join/5a1bf97b94c1d901e51e923f