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There are countless lists out there of ways to make more money. But I've found many of them to near useless – with a lot of junk ideas that I know don't actually work. So I want to put together a list of ways you can make cash, that actually work. I've tried and tested all of these methods and I've included how much money I actually make. Best of all – anyone can copy these ideas.
Here are some of my top ideas for making a little extra cash in 2020.
During 2020 there will be a Bitcoin Halving event. What this basically means is Bitcoin Miners will receive half the reward they currently get for successfully mining a block.
This means there will be much less Bitcoin being created everyday. And due to the simple economics of supply and demand, many people believe this will push the price of Bitcoin Higher.
PrimeXBT is a crypto trading platform. You can trade Cryptos, Stocks and Indices with up to 100x leverage. If you were thinking of joining PrimeXBT make sure you take advantage of this exclusive offer. You'll get a bonus 35% on your deposit. Read on to find out how:
Did you know that if you're currently saving money in a bank account, you're probably losing money. That's all thanks to inflation. Over time your money is worth less and less. That's why decades ago you were able to buy a house for $10k and why just a few years ago a cup of coffee cost a little less. If your bank is only paying you between 0-1% interest and inflation on average is around 3%, the simple maths says you're losing wealth.
Because of this, people who are smart with their money choose to invest rather than just save. So here are some of my picks for the top investing apps in 2020:
Cryptocurrency markets are volatile, fast paced and continuously evolving. This means there are plenty of opportunities for you to trade crypto and potentially make profits, but it also means there are lots of things to be wary of.
So if you're looking to trade cryptocurrency in 2020 here is my beginners guide. Here are my top tips for having more success and reducing your risk.
Read moreHow to trade Cryptocurrency: Beginners guide for 2020
StormGain is the sleeve partner of Newcastle United FC. Wondering what they do? Looking to make money with StormGain? Read on to find out more.
StormGain is a relatively new crypto exchange, wallet and trading platform. I believe they offer a couple of good opportunities for making money:
The largest private company in the world is about to go public. Aramco is the Saudi Arabian National Oil and Gas company. It is the most profitable company in the world. So it's going to have some kind of impact when it gets listed and the public can trade Aramco Stocks
One of the problems with passive income is that it can take so long to get going. Investing in something like dividend stocks is great – but it takes a huge amount of capital to earn anything decent. Some people spend decades building up a portfolio of dividend stocks.
So I wanted to come up with 5 ideas that can either start generating a decent amount within months, or can be started for very little money.
Here are my top picks:
Are you looking to put your crypto to work? Sick of your Bitcoin just sitting in a wallet doing nothing? Well the good news is you can now earn compound interest on your Bitcoin and Ethereum thanks to BlockFi.
BlockFi is a relatively new crypto lending platform. You can deposit your crypto to earn interest or you can take out a loan backed by crypto.
Read moreHow to Earn Compound Interest on your Crypto with BlockFi
PrimeXBT is a new trading platform that lets you trade Bitcoin and other assets with up to 1:100 leverage. This lets you trade without having to invest huge amounts of capital. And because PrimeXBT is built on crypto, this platform doesn't have some of the drawbacks of older exchanges like KYC, high trading fees and and limited market hours.
PrimeXBT is a platform for trading cryptocurrencies and other assets. aka – profiting from market movements, whether thats up or down. If you're looking to just invest in Bitcoin over the long term, check out this post on my best investing strategy for Bitcoin.
Here's my guide to using PrimeXBT: