As the title suggests, the above three are one of the most famous ways of making money online. However, it is very difficult for a novice to make a choice among the three because they all seem interesting and equally rewarding provided their earning strategies are executed properly. someone can only know the pros and cons of these until he does a bit of research and comparison between them.
Course Creation is one of the most famous ways of earning money online; it involves a veteran freelancer or an online businessman creating a course for people who are just about to start an online business or learn a digital skill but do not have proper guidance. The course includes everything from the various strategies to the mistakes the creator himself made whilst he was a beginner. The course is uploaded on Udemy which is one of the most famous platforms for selling courses. Udemy does deduct its own percentage when a course is sold.
Freelancing requires learning a skill like content writing, logo design, 3D animation etc. and then registering at a freelance platform like Fiverr or Upwork. The latter selects freelancers after reviewing their application while the former is open to all. A freelancer can acquire receive an order on Fiverr through placing bids on Buyer Requests, the buyer then chooses the freelancer who suits him the most. On both platforms, a fee is deducted from both the seller and the buyer as the order proceeds.
Cryptocurrency trading on the other hand doesn’t require any learning skill. The only requirements are downloading its most famous trading platform, Binance, making an investment and then buying a currency and selling it when it’s making a profit.
All three modes of online earning have the potential of generating huge returns if done properly. However, the question of which is perfect cannot be answered as they are certainly not without drawbacks. While trading crypto might not require any skill, traders need to be aware of the market at all times, invest in the right coins and not panic-sell when they are making a loss. All of these three things can lead to a loss if not taken care of. Freelancing requires mastering an online skill. However, some freelancers end up deleting their accounts after they fail to receive an order because they are often outsmarted by older and smarter veterans who know the many strategies of the market. Plus, they give up very soon and don’t bother themselves to invest more time into learning effective freelancing and money-making skills. And as of course creation, only novices will purchase courses of those freelancers or online businessman who are known to be proven veterans in their field.
No skill is perfect, but with time, consistency and experiences a person can greatly profit from any of the above-mentioned skills.
Written By: Asad Ismail
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