Cryptocurrency or digital currency is the next big thing in currency trading. It’s a digital asset that is used as a method to pay for things, that isn’t run by a government or institution. Bitcoin is the most well known digital currency and was trading at $200 per Bitcoin back in 2013. Now it is worth over $17k and is expected to be worth well over $1m in 2022.
Peer-to-peer lending is an interesting concept, because it allows individuals to secure relatively large loans without getting a bank involved. On its face, it sounds like a risky proposition, but these P2P lending sites generally have good measures in place to mitigate your risk (not to mention, you’re compensated for this risk by earning very high interest rates). In addition, you can usually invest in someone else’s loan for a small amount (e.g. $25), which reduces the risk you take for any given loan.
eBay is the most popular global auction site around and is a great place to sell items you no longer want. If you are looking to earn some extra cash, start out by looking around your house for things you no longer want; list them on eBay and watch as customers bid on them. You can also purchase clearance sale items and thrift store finds and make a couple dollars profit by listing them as well. The key to selling on eBay is to do your research and find out what the hot items are.