The cryptoverse has a lot of ways to make money.
With so many ways to make crypto work for people who know how to use technology, it seems like there’s a way for everyone who wants to make it work for them.
If you want to make money in crypto, though, you can also do things that aren’t crypto.
Read on to learn about a few ways you can make money in the crypto industry without having to touch any crypto.
Accounting & tax advice for crypto investors
Cryptocurrency traders and investors need tax help.
People who make money with crypto often have to pay different taxes because of changes in the law.
If you are an accountant or have a background in finance, you can help crypto investors or businesses that make use of blockchain.
When people make money from cryptoassets, you can help them figure out how to classify their gains, either as capital gains or as business income, and how to pay taxes on them.
So, they can pay you back. (Even in fiat!)
Crypto therapy
In a study, many crypto traders act in a way that is similar to how people who drink alcohol or bet on things like casinos act.
Crypto has the potential to change your life, but it also has the potential to lose you a lot of money.
Addiction is all about these highs and lows, and this is even more apparent in bear markets, when many traders can’t sleep and are very anxious.
In crypto forums or on social media, you can advertise your services if you have a license as a therapist.
Set up meetings in person or over the internet and offer your counseling service.
This could be one-on-one or group sessions of therapy.
Even though, this only works if you have at least a basic understanding of what’s going on in cryptography.
Legal services
There are always new markets that crypto companies want to enter.
Soon or later, they will need the help of a commercial lawyer who can give them legal advice about how to set up their business in different countries.
If you are a lawyer who knows a lot about crypto, this might be a good thing for you.
You can help crypto businesses figure out how to structure their products and services in a way that is legal in their area.
If there is any split between businesses, the government, or any other people who have a stake in the project, this will help.
As a side note, don’t forget about legal fights in the crypto space that could bring in new clients.
Second passports for crypto Investors
They may want to get a second passport from a different country for many reasons.
Some of these things are protecting their money from government seizures, avoiding censorship, finding low-tax countries, and more.
You could help “whales” get second passports so they can move to places where they can keep their big crypto holdings safe.
As a thank you, they can give you a facilitation fee..
Build a container for Bitcoin and crypto miners
BTC and crypto mining farms are large groups of machines in a warehouse where they work.
Setting up a mining farm takes a lot of money and cheap electricity.
This is not as simple as it used to be to set up a mining farm in the early days.
For example, a crypto mining farm called Enigma was set up in a group of metal buildings that didn’t look very interesting at first.
If you are an entrepreneur, you can offer to help people set up warehouses or containers for mining rigs.
As the resources and the size of the operation change, this can be made to fit the needs of the project.
In addition, more people are interested in crypto mining at home, and they need mining-related products as well.
Cleaning and basic maintenance for mining farms
If you want to help with basic maintenance for Bitcoin mining operations, you can do things like dust the rigs and fix technical problems.
This could mean blowing off the tops of the rigs with a blower while the production is still going on.
Take down the rigs, get inside the rigs, and give them a good wipe down with a broom.
As a result, you can look at mining rigs for changes, change out GPU risers that don’t work, and so on and so forth.
You can ask a mining farm to let you do this work on a part-time basis.
Supply frames for GPU miners
A mining rig company will buy cases or frames that you make.
As an alternative, you can put them up on online shops or forums for individual crypto miners who might need to change or upgrade their hardware.
In this case, you can make a cheap mining frame or build a frame that can hold up to 12 graphics cards.
You can accept money in the form of cash or cryptocurrency.
Harnessing energy from crypto mining
Bitcoin mining generates a lot of heat, and that heat can be used to heat homes.
This means running a lot of mining rigs at the same time to make enough energy to heat a building or a home.
Recently, Mint Green and the city of North Vancouver announced that they would work together to make enough energy to heat 100 homes.
The power can be sold for a profit.
Design accessories for hardware wallets
Make high-end designs for hardware wallets like Trezor and Ledger and show them to the companies that make them, like Trezor and Ledger.
These accessories can be useful or just look good to people who use them.
There are also a lot of other accessory ideas that could make money for you.
Get a job in a crypto firm
Finally, the crypto world is always in need of a good group of people to work for them.
Crypto-friendly businesses are now looking for the right people to work for them. These people include developers, digital marketers, content writers, user interface/user experience experts, business developers, and many more.
It’s also possible to get a job at a crypto company and get paid in digital currencies, if you’d like to get your hands on some crypto after all.
