I’m a bit late to the party here, but when the crypto market had a crash on Friday the effects were devastating for some. Some people were leveraged to buy in. This amplifies the losses. There are many stories of people losing piddly sums like $1million to over $250million in ten minutes. This type of volatility is why I stay out of that market, and I would never borrow money to buy crypto. That is also why I stick with Internet Marketing. The costs are controllable, the income is regular, and the scalability is up to me. Consider this example. I build a simple two-page website for an underserved and very niche product. I make a couple of short videos that I post to YouTube, Vimeo, TicTok, Instagram, Pinterest, Facebook, and X. These bring me enough traffic that the site makes a steady $30 monthly, and grows my subscriber list. Now I can scale this up. I can add a product for sale. I can find influencers with an audience and pay them in commissions to promote the site. I can add more videos, a PDF to document sharing sites, an article to the article sites, answer some questions on Reddit, Quora, any other forum or Facebook group I can find. Soon the site might be making $30 a week heading to $30 a day. At some point I might find that I cannot find any more traffic for that niche. There’s nothing stopping me from a little rinse and repeat in another niche, etc. Some niche sites will grow much faster, some will grow more slowly, but if you’re not doing anything much you’ll only find the great ones accidentally. I’m not saying that you won’t get lucky with your first attempt, I am saying that it’s unlikely. Bouncing ideas off some of the people you’ll find here https://go.wm-tips.com/asal might make all the difference. Click it, there’s nothing to lose and much to gain. Regards, |