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In the evening, I try to learn ways to get extra money to buy small amounts of cryptocurrency because my spouse won’t allow me to use money that I earn from my day job. Using apps that generate rewards such as e-gift cards (i.e. Visa) or send the monies directly to your PayPal cash account. In October 2020, I had earned $300 and invested into the four cryptocurrencies (Bitcoin, Etherium, Bitcoin Cash, and Litecoin). By December 2020, my stacks had grown to over $1000. I have continued to earn money through the various rewards apps and put into PayPal and in May 2021 was up to $2000 In cryptocurrency using PayPal. Starting small is definitely a way to get your feet wet. Just be patient! You are starting off with money you are willing to lose when the market gets volatile, but when it goes to the moon be ready to take profits and put into stable coins or cash. I am glad my wife was having me be cautious and now I appreciate what I have earned.
PayPal is new to the cryptocurrency scene and has been making great progress in providing access, but only to four cryptocurrencies. They are in the works to expand their portfolio, but as of today have not released any hints to what they are strategizing. PayPal is completely centralized, which means you do not own your cryptocurrency and as of today you cannot transfer the cryptocurrency to a wallet. They do have plans to allow that in the future. Therefore, PayPal worked for me as a starting point and it could work for you as you learn more about cryptocurrency and blockchain technology.
The types of apps I used ranged from taking surveys, taking pictures of my receipts, and using shopping rewards apps. If you want more details on the specific apps I used please let me know by liking this post.
