Best 5 Ways Of Making Money While You Sleep

 

A lot of people are asking how they can be making good money while sleeping after the first initial work or investment. Also, there are lots of articles online with similar topics.

I'm not going to try to waste you time, I am going to head straight to the point. I'm writing this article as a popular request and they are from my own personal experience. Additional reading tool or call-to-action are included while you read through.

1. Dropshipping

This is my best way of making money without lifting a finger and  without investing heavily or investing at all. It involves reselling other people's products are yours online. It can run completely on autopilot. With dropshipping, you can be earning over $500 in monthly commission. 

You don't need to learn coding or design website. There are platforms that already have system that sort products, sale and make good money for you.

To learn more and get step by step instructions on how to start and run dropshipping business in Nigeria or any other country, click here to read full details.

2. Investing in Stock, Crowdfunding and Companies

Investing is a simple way to increase your wealth. Here you allow other people to do the hard work parts while you take a share of the earned profit.

There are so many investment platforms both online and offline.

There are things to look out for before investing in any company: do they have physical and accessible office, who runs the company, are they real persons with good business records, what are they returns like - are they economically reasonable or too good to be true, do the company have a product, etc.

You can invest in stock, real estate, cryptocurrency trading, gold, crowdfunding platforms, oil and gas Companies, etc.  Ensure to do your due diligence before investing.

Related Post: Learn How To Generate Active Nigerians WhatsApp Contacts And How To Send Unlimited Bulk Whatsapp Messages Free Without Issues!

3. Selling Digital Products

Selling digital products online is a great way of making good money. You can create and sell range of products such as softwares, ebooks, designs, etc. This business involves hosting the product on an online store or using a cloud storage platform like Google Drive to store the product. Also, you will need a good online payment gateway such as Paystack or Flutterwave to receive payment.

Ensure to have the link of the product to the payment gateway for automatic downloading immediately after a successful payment.

4. Creating And Selling NFTs

Non Fungible Tokens (NFTs) is the next big thing in technology word. It is highly profitable and can make you a millionaire in a month or thereabout. 

You don't need to be an expert in coding or graphics designing or in any field. The most useless NFTs have been sold for over $100k. They are created on blockchain platforms like Binance and Ethereum and, are paid for using cryptocurrency.

Creating NFT is as simple as uploading an image. Simple!

Learn how to create and make money with NFT and you will forever be happy for coming across this article. Click here to learn full details on how to create, sell and make money with NFTs.

5. Automatic Cryptocurrency Trading Bot With Artificial Intelligence

In recent times, there has been improvements in technologies, addition of new tech ideas such as Artificial Intelligence (AI). This AI is aimed to help humans make better, smart and faster decisions and in most cases, execute actions for humans. One such AI application is Robot (Bot in short). Bot has been applied in several areas to ease human Intelligence work, and now, in the area of crypto trading.

Royal-Q Bot is an intelligence trading program App that trades for anyone on Binance. Since I discovered Royal-Q Bot, I have stopped trading by myself or relying on my intelligence. Royal-Q Bot makes it easier to trade and be making  upto 20% daily profit. The App trades on several selected cryptocurrencies all at the same time to maximize profit. 

Royal-Q Bot is currently the leading cryptocurrency trading Bot App on playstore and Apple store at the moment. To maximize profit, one need to select volatile Cryptocurrencies for the App to trade on, I will guide you on this. For more detail: Click Here To Read Full Article!

7 Legit Ways To Make Money With Bitcoin

Cаn уоu still mаkе mоnеу with Bіtсоіn? Wеll, еvеn after a dесаdе оf fluctuations and the unіdеntіfіеd Satoshi Nаkаmоtо, Bіtсоіn ѕtіll tорѕ the сhаrt. To bе mоrе рrесіѕе, Bіtсоіn is thе wоrld’ѕ lаrgеѕt cryptocurrency. Sо, thе аnѕwеr іѕ a bіg уеѕ, Bіtсоіn is a wау to mаkе mоnеу. Aѕ nоw уоu ѕееm sure-footed, the nеxt default ԛuеѕtіоn іѕ – Hоw dо уоu mаkе mоnеу wіth Bіtсоіn? Thеrе is a long list оf

Long-term Versus Short-term Investing: The Best Option

Long-term investments are assets that a company or individual intends to hold for more than a year. While a short-term investments are assets that a company or individual intends to hold for a year or less.

The long-term investment account differs largely from the short-term investment account in that short-term investments will most likely be sold, whereas the long-term investments will not be sold for years and, in some cases, may never be sold.

There is a significant difference between long-term and short-term investing. A lot of people, particularly millennials, don’t invest in stocks because they are afraid of losing money in the short term. If one is investing for the long term, then there is very little risk in legacy markets.
Stocks can go down, but over any 10 year period in history they are always up at least 7% per year when the gains and losses are averaged out. With a longer term horizon, stocks have literally never been a bad investment. 

So how does one actively invest in markets and maximize their potential earnings?

COMPOUNDING!

As Albert Einstein once said: 

“Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn't pays it.”

The world’s most famous scientist issued this comment about compound interest and time has shown that Einstein was correct.


As defined by Investopedia, “Compounding is the process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time. This growth, calculated using exponential functions, occurs because the investment will generate earnings from both its initial principal and the accumulated earnings from preceding periods. Compounding, therefore, differs from linear growth, where only the principal earns interest each period.” 

As mentioned earlier, compounding one’s gains is the key to accumulating wealth, period.

There are three key rules to maximize the advantages of compounding: 

— Reinvest dividends or interest into the asset. 

— Add more to the investment whenever possible.

— Invest over a long period, the younger one starts, the more powerful compounding will be. 

Compounding cryptocurrency investments is far more challenging than in legacy markets.

Join our cryptocurrency (Bitcoin trading) investment section and learn how to generate daily profit. Click here to read details

When you are young you can invest in almost any asset as younger investors should keep the long time-horizon in mind. Following these strategies is the surest way to leave you sitting financially pretty and you’ll have a nice stack when you need your money the most!