#MakingMoney #Investing #SideHustles #19AndThriving #FinancialFreedom
Hey everyone! 👋 I’m currently diving into trading and investing in stocks, as well as exploring Binance. I’ve got about €1000 that I want to put to good use and potentially grow my money. 💸 But I’m curious—are there other ways to make money from my phone? I’m all ears for ideas like drop shipping and beyond!
Here’s what I’m thinking:
- Drop Shipping: Setting up an online store without holding inventory can be a great way to start. 📦 Have any of you tried this? What platforms did you use?
- Freelancing: If you’ve got skills like graphic design, writing, or even coding, platforms like Fiverr or Upwork could help you earn some cash. 💻 Anyone here had success with freelancing?
- Affiliate Marketing: Sharing products you love and earning commissions sounds appealing! 📈 Has anyone had a good experience with affiliate programs?
- Online Surveys & Market Research: It may not be a lot, but taking surveys through apps can add up! 📝 Do you know any legit sites?
- Social Media Management: If you’re savvy with social media, local businesses often need help maintaining their accounts. 📱 Any tips for finding clients?
I’m just 19, trying to carve out my path in life, and any insights or advice would mean a lot to me. 🌟 What has worked for you? What’s your best tip for someone looking to make money online? Let’s share some experiences and help each other out!
Thanks in advance for your help! 🙏 Looking forward to hearing your thoughts!
Car detailing. You can get everything you need for under $600. And can easily make that back with 2 customers. I averaged $250-350 per car. Only did weekends and made roughly $1,000 a week. Did that for about 6 months but the Texas heat killed me and I stopped doing it. Easiest money I ever made. But my back and hands hurt
Hey, I am actually in a very similar spot, I started out trading crypto and stocks, but I found it was difficult to make a lot of money without significant risk. I personally would suggest trying to create a product your passionate about instead of trading, since multiplying a thousand into 10 thousand doesn’t make you rich, while a thousand into a solid product can bring you a incredible amount of return. If you do wish to trade, I found that crypto arbitrage is a good way to have minimal risk whilst having steady profits, it requires some programming knowledge but I have been using https://www.vultax.com to scan for arbitrage, I use their rest api to set trades on 4 exchanges, I have made a couple percent profit per day, but it was hard to set up at first. If you wanna go the trading route, look into arbitrage or pairs trading
Sell it €2000
send it to me and will send €2000 back
Could look into faceless YouTube automation! Pay someone on fiverr to make faceless YouTube videos for you can keep the cycle going. It’d be very smart to make English videos and Hindi. There is double the amount of YouTube users in India vs US!
Consider starting a dropshipping business or freelancing online. Both can be managed from your phone and require minimal upfront investment.
Start dropshipping business. It is Q4 you will make a good money.
Buy Wif on binance on spot trade. We are entering the bull run, just hold and pull out your money when Wif hits 4 again
Some stupid opinions here. If you want to make money, don’t do dumb stuff like trading. Capital gains tax will fuvk you over if you make any profit anyway. Spend the $1000 on a pressure washer or a hedge trimmer, or a lawn mower and snipper and door knock on your street. Ask your parents and friends if they know anyone who’s interested. There is a lot of money in home improvement it’s Just that it isn’t “glamorous” and tech bro spec like “TrAdInG CrYpTo”. Get your hands dirty, you get paid for bringing value to the table. You can easy buy a pressure washer for $200, quote a job for $200 and get your money back and you go from there. If that doesn’t interest you, learn Webflow, and after 4 or so months find a business around where you are with a shit website and develop one for them and pitch it to them for like $500
Buy books and maybe a couple courses with it and invest in yourself.
You’ll likely get nowhere with just investing it so I would say invest it in yourself, build skills that actually earn you money and build from there.
Investing it in assets is nice but your best bet would be to build knowledge on what is interesting for you (besides making money). And stay away from day trading, options etc. (That’ll likely make you sad and you’re better off investing that time in building other skills that’ll make you valuable for other people,/companies).
You’re young. You have time on your side. If you start working your ass off to learn about stuff that companies pay for you’re gonna make a good living off it in the near future and you’re gonna thank your past self).
Discipline is key. Motivation is not. Have a process, stick to it and remember that it’s not always fun or exciting but earning money is.