8 ways to make money from digital currencies without the need for investment

Making money from the world of digital currencies does not only involve investing, and by providing various services and products, a significant revenue stream can be achieved. Some of these methods do not even require complex knowledge and only with your creativity, art and experience you can make a good profit.

The world of digital currencies offers a wide range of ways to earn money. From mining and stacking to cultivating profits in DeFi protocols and selling counterfeit tokens (NFTs), there seems to be a way for anyone with enough technology to use digital currencies to their advantage. ; However, there are ways to make money in this area that are not related to digital currencies themselves.

Based on that Report According to the Crypto News website, we will introduce 9 ways to earn money from the world of digital currencies without the need for investment, to get acquainted with the products and services that can be earned by offering them.

1. Provide accounting and tax advice to digital currency investors

Digital currency traders and investors in some countries, and of course perhaps for the future in Iran, need tax advice. Rapid changes in regulatory rules often mean changes in the way dividends are invested in digital currencies.

If you are an accountant or have a background in finance, you can provide consulting services to investors in digital currencies or Chinese blockchain technology companies. You can advise them on how to classify their return on investment in digital currencies, both as return on investment and as income from business, and how to complete tax procedures. In return, they will pay for your services with regular money.

۲. Cryptotherapy!

According to a psychological study, many digital currency traders exhibit behaviors similar to other forms of addiction, such as alcoholism and gambling. While digital currencies promise benefits that can transform anyone’s life, they also carry the risk of financial loss.

Their addiction is mainly a follow-up to market fluctuations, and this is becoming more pronounced in declining markets, and many traders experience insomnia and severe anxiety.

If you are a licensed professional, you can advertise your services in online forums related to digital currencies or social networks. Organize face-to-face or online meetings and offer your own consulting services. These therapy sessions can be individual or group. However, this method can only make money if you have a basic knowledge of what goes on in the digital currency space.

3. Working in companies related to digital currencies

The digital currency space always needs an experienced workforce. Digital currency companies are now looking to hire talented people including developers, digital marketers, content writers, UI & UX experts, business developers and many more.

Companies related to this field usually pay considerable salaries, and if you want to enter the field of investment, your income may also include digital currencies.

The “Digital Value” group is currently hiring in different job positions to complete its different teams. You can click on this link to see the list of jobs active in digital currency and send your resume.

4. Legal services

Companies in the digital currency industry are always looking to expand their business to newer markets. Sooner or later they will need a lawyer to get legal advice on how to organize their business in different jurisdictions. If you are a professional lawyer with a good understanding of the digital currency space, this method can be a good option for you.

You can guide digital currency companies on how to organize their products and services by following the legal framework in different jurisdictions. This will help reduce any disputes between the companies, the government and other shareholders. In addition, do not forget the legal battles in the field of digital currencies, which may bring new clients for lawyers active in this field.

5. Build bitcoin mining farms and digital currencies

Bitcoin mining farms and other digital currencies are actually warehouses where a set of mining machines are processed. Setting up an extraction farm requires investment and access to cheap electricity. In the past, setting up a mining farm was easy; But today it has become very difficult to do so, especially in Iran.

For example, Enigma, now one of the largest digital currency mining companies in the world, started operating a number of conventional metal sheds a few years ago. Entrepreneurs can provide services to help set up these sheds or containers for mining gravel. These sheds or containers can also be custom built depending on the resources and size of the operation.

6. Maintenance of mining farms

From simple dusting of mining grains to technical troubleshooting of devices, you can provide initial maintenance services to bitcoin miners. These services may include dusting mining equipment using special devices. More advanced maintenance also includes removing equipment, opening and cleaning the environment inside.

In addition, you can test the resistance of mining rigs to power fluctuations, or replace faulty graphics card (GPU) risers and provide similar technical services to your customers. To get started, you can go to a mining farm and sign a part-time contract to do these services.

7. Construction of mining rig chassis

The chassis is a means of mounting pieces of sand. If you are good at making such tools, you can make a chassis or frame and give it to mining companies. Alternatively, you can publish them in online stores or associations for digital currency extractors who may need to replace or upgrade their hardware.

As a basic idea, with a little creativity, you can build an atrium extraction rig mining chassis that can hold up to 12 graphics cards, and if you consider a fair price for it, customers will probably find your product.

8. Design of hardware wallets and accessories

You can create luxury graphic designs for the appearance of hardware wallets and present them to companies that produce popular hardware wallets such as Trezor and Ledger.

Accessories related to these wallets can also have a special design, functional or only decorative aspect; However, there are other accessory ideas that can turn into a lucrative revenue stream.