Cryptocurrency Defined and 3 Top cryptocurrencies

What is Cryptocurrency


cryptocurrency is a digital wallet acting as  a medium of exchange. Ownership records are stored in a computerised database in form of ledgers. Strong cryptography is used

  • To secure records
  • Control coin production
  • Verify transactions and transfer of ownership

There is no central authority to monitor the exchange, meaning, it is a decentralised type of currency exchange with no central control or regulations like in the banking sector. It works through a distributed ledger technology that serves as a database

According to Jan Lansky, a cryptocurrency is a system that meets six conditions

  1. The system does not require a central authority.
  2. The system keeps an overview of the ownership and cryptocurrency units.
  3. The system defines whether new cryptocurrency units can be created. If new cryptocurrency units can be created, the system defines the circumstances of their origin and how to determine the ownership of these new units.
  4. Ownership of cryptocurrency units can be proved exclusively cryptographically.
  5. The system allows transactions to be performed in which ownership of the cryptographic units is changed. A transaction statement can only be issued by an entity proving the current ownership of these units.
  6. If two different instructions for changing the ownership of the same cryptographic units are simultaneously entered, the system performs at most one of them.

Some cryptocurrency terms explained


Blockchain. These are basically records or blocks which are linked to the previous block with time stamps and the data pertaining to the transaction. It cannot be modified easily and records transactions in a verifiable and is permanent in nature. One the block chain records are completed it cannot be altered without affecting other blocks. As it is not controlled by any agency and is of a public nature the transactions are protected. Of course, attacks by hackers and cyber crime experts make them vulnerable like anyone else.


Time stamping. Various  time stamping schemes are added to prove the validity of the complete transactions. These add to the authenticity value of the transactions which can be easily verified. Some popular methods are based on SHA 256 and scrypt, crypto night, Blake and SHA 3.



Cryptocurrency Mining. It is basically a validation of transactions. This results in new cryptocurrency for the miners as a reward. Of course this needed large investments of capital for the machinery and high performance ASICS and the algorithms. These produced extreme heats and the cooling facilities do not come cheap. (Mining at full throttle, Bitcoin  draws about 220 watts. That’s 716 BTUs of heat per hour or 17,184 BTUs per day). Ref (

The top cryptocurrencies in the world based on market capitalisation.

Bitcoin (BTC) $128bn

Ethereum (ETH) $19.4bn

XRP (XRP) $8.22bn

Tether (USDT) $6.4bn

Bitcoin Cash (BCH) $4.1bn

Bitcoin SV (BSV) $3.4bn

Litecoin (LTC) $2.6bn

EOS (EOS) $2.4bn

Binance Coin (BNB) $2.4bn

Tezos (XTZ) $1.5bn


Top cryptocurrencies explained.

The following paragraphs will explain the top three cryptocurrencies.


Bitcoin has been the most discussed cryptocurrency. It has had major upswings and downswings bringing extreme joy and disappointments based on the trend. the cryptocurrency skyrocketed up to roughly $20,000 per coin in 2017, but as of 07 Oct 2020, more than three  years later, is currency trading at $10626, a little more than half of the rate. It is the first totally decentralised peer to peer payment network. The users are the masters and there is no central authority or middlemen. Bitcoin was conceptualised and invented by an anonymous person called Satoshi Nakamota in 2009 who after publishing the specification and conceptualisation of Bitcoin preferred to leave the project in 2010. He has remained in anonymity since.

Bitcoin has ultimate control with the users. There is no centralised agency to control the same.

Use of Bitcoin

It is used by number of businesses like law firms, restaurants and online services. Its usage is expected to multiply rapidly as the governments across the world come to grips with the phenomenon and decide the modalities of usage, transaction usage, security and taxation of the same. As of May 2018, the total value of all existing bitcoins exceeded 100 billion US dollars, with millions of dollars worth of bitcoins exchanged daily.  (


The second largest cryptocurrency platform based on market capitalisation after Bitcoin. Ethereum is the second-largest cryptocurrency platform by market capitalisation.  Ethereum serves as the platform for over 1,900 different cryptocurrencies and tokens. It is currently trading at $337. It is also based on blockchain technology.


Bitcoin and Ethereum compared

Being the frontrunners of the digital currency, it is prudent to compare the two cryptocurrencies.

Bitcoin is considered money but Ethereum is a platform which aims to run applications

The Bitcoin block time is 10 minutes but Ethereum is of 13 seconds.

The transaction fees for Bitcoin depends on the size of the transaction but Ethereum depends on computational complexity.

Bitcoin pricing is based on speculation but Ethereum is not speculation based.


It is a digital money  built for payments. It is based on open source, permissionless and decentralised blockchain technology which can settle transactions in 3 to 5 seconds. It can be sent directly without needing a central intermediary making it a convenient instrument in transactions by bridging two different currencies quickly and efficiently.

( It is currently traded at $0.24.

It is originally the name of the company that is responsible for creating and transferring global payments using XRP. This system offers to break free all the walled gardens which the financial network makes with currency exchanges, processing delays and fee structure. Ripple platform is created to provide the users to transfer amount from different currencies in a fraction of minutes, from anywhere around the globe. Current methods which are used for sending money to different countries internationally has been outdated. Besides, Ripple solves this problem and plans for a collaboration with financial systems throughout the world and offers a solution via blockchain. By following Ripple’s global network, financial institutions process the user’s payments from anywhere in the world cost-effectively, reliably and instantly. (

Cryptocurrency future.

There are many Bitcoin supporters who believe that digital currency is the future. Many of those who endorse Bitcoin believe that it facilitates a much faster, low-fee payment system for transactions across the globe.

top cryptocurrency

The main issue with Bitcoins and cryptocurrency is the lack of government approval and clarity in transactional matters. Further, these are subject to hacking and cybercriminal activity. There are also apprehensions about its usage in terrorist activities. However, it is felt that the governments have to accept the legality of the same in future and regulations for taxation etc will be put in place soon so that it becomes legal tender across the world.

Earn from Blogging

Earn from Blogging is a trend where people have resorted to voicing their feelings, opinions, knowledge, ideas and experiences in the written form.

What is blogging and how does it work

Webblog has been abbreviated as blog. It is basically a website which caters to information on a particular field, area of expertise or topic. It could be on a range of topics from personal to something projecting in the future.

Most blogs are on topics on which the author has some knowledge or experience which makes him an expert to some extent. These are then projected in written script for the online readers to explore and assimilate. Experience  gained over years of working in a particular field, knowledge gained as a result of studies and research form a major bulk of blogging. However personal musings have also been blogged. Blog Content is the main factor in any blogging website. The quality of the content, its meaningfulness and relevance adds to the charm of any blogging website.

earn from  blogging

Definition of Blogging

Google Dictionary

It is a regularly updated website or web page, typically one run by an individual or small group, that is written in an informal or conversational style.

Merriam Dictionary:

It is a website that contains online personal reflections, comments, and often hyperlinks, videos, and photographs provided by the writer

The purpose of a blog

The purpose of a blog is to connect with the online users who could be potential audience or likely customers

Personal blogs.  These are musings and  experiences shared over the internet. It serves as a means of sharing information for recreational or casual browsing purposes. We have blogs wherein military veterans have shared their experiences, some humourous, some tragic which reflect the ways of the forces and gives the reading public a glimpse into the uniformed world, the pain the anguish the joys and the thrills associated with service to the nation

Business blogs These blogs are aimed at earning income. It could be from sale of products or using knowledge or experience to act as a trouble shooter or a problem solver. They focus on increasing visibility to drive in the traffic which then results in business proposals and ultimately acting as a source of income . They focus on google website ranking, the better the rank, more is the visibility which converts to business.

Types of blog

Personal Blogs

These are blogs which focus on personal interests, hobbies, likes, dislikes and experiences. These could be personal in nature, in that they cover the author’s niche experience and expertise with an idea of sharing knowledge. Or, could be political wherein the political scenarios is discussed threadbare voicing own opinions. They target a like minded audience. A very good example are the bloggers on subject of biking. They share information about bikes, their biking trips, the mishaps, breakdowns and the experience. They draw their own fan following over a period of time. The niche blogging could be a kind of personal blog too unless it is aimed at generating income.

2. Building your brand blog

The blogger is the brand here. The reputation built, the knowledge gained and the lessons of experience make the brand. The bloggers here use their knowledge to provide consultations, guidance and coaching with a view to enriching the lives of the reader. Some focus on problem solving and trouble shooting to help the user in their hour of need or difficulty. They use scripts, videos and presentations to put across their points. Astrologers, numerologists, domain experts are prime examples of such bloggers.

3. Business Blogs.

They focus on selling their products. It could be physical products or virtual, like coaching classes, online classes and so on. These are run by corporates or business houses. They focus on attracting customers with an aim to convert the traffic into sales.

Affiliate products blog

These are focussed on products. The products are explained in the form of tutorials and guide along with user experience with an aim to drive the user to the platform of the seller through affiliate links. These are one of the more popular blogging methods and has really made some affiliate marketers very prosperous.

Miscellaneous Blogs

Some other blogs which are  in vogue  are

Personal Services like babysitting, hair dressing massages, physical training car washing etc. The  idea is to get hired.

Repair services like plumbing electrical works, car servicing and so on. Again, the idea is to get hired

Blogs on hobbies

These blogs focus on passion about a topic and converting them to small time businesses. They target inviting advertisements on their blog which when visited generate income. These could be sports, music, culinary etc.

Guest Blogs

A blog which is already popular  could invite guest bloggers who are experts in their field. This leaves the blogger with just managing his website with the content coming in from experts.

How do you earn  Money from Blogging

There are myriad ways of earning money from blogging

Affiliate marketing.

These  works by adding tracked affiliate links into the text of your blog. You can make a small commission every time a reader clicks through to a site you recommend and makes a purchase. The links will lead readers to the website of a brand. These programmes are adopted by almost all ecommerce behemoths. This is economical and advantageous to both parties and the ecommerce portals gain a much farther reach and also had many more retailers (in form of bloggers) who advertise their products. The key of course is integrity and promotion of good quality products

Google adsense

Google places ads on your website based on content and traffic. These are paid for by the advertisers and the amount varies based on payments made by them. You either earn by ‘cost per click’ or ‘cost per thousand’

Social media post.

In case you are a very visible player with a good social media following or someone with a niche following then you will be approached by brands to sponsor their products.

Selling products.

The blog could cover a particular type of product or brand and used to sell the article directly

Lifestyle blog.

These are based on the life, likes, hobbies and passion of the author and these are focussed on making the experience enriching for the reader. A biker, mountaineer, adventure seeker, fitness enthusiast generally experience themselves and share the same with their readers. In a way the reader is living the experience through the eyes of the author. Based on the kind of blog, products are sponsored through these  blogs to attract attention. Of importance is the quality, relevance and amount of traffic the blog generates.


The quality of the blog along with the relevance give your blog that visibility and drives web traffic to it. It also helps you build a brand for a niche audience. To make money your blog needs to have content which is relevant, possibly something which is trending and have content which is sought after by the audience. Quality, integrity and relevance are the key words here. Happy blogging.

Cryptocurrency. Have you explored it

Earn online through cryptocurrency

A new digital or virtual currency called crypto currency has taken the world by storm. Though in the initial stages with a lot of governments still undecided whether to legalise the same, it is certainly poised to change the way currencies are traded.

 A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation. (

The process involves using It uses cryptography to secure and verify transactions and exercises stringent control on new units of a certain cryptocurrency.

Cryptocurrency History

Advent of technology in the early 90s did see a concerted focus on creating digital currencies but due to various issues like lack of secure processes, frauds, financial issues and basically lack of clarity and attempts to make a quick buck led to failure. Mainly the fact that they used a third party approach, the sponsoring companies facilitated the transactions and their viability depended on the financial health of the sponsoring company. Some examples are Beenz, Digicash etc.

Early 2009 saw the advent of an anonymous programmer Satoshi Nakamoto who with his team of programmers introduced Bitcoin,  a ‘peer-to-peer electronic cash system which involved a decentralised transactions, ie without servers and no central controlling authority. It was a direct sale and purchase with the help of block chain, akin to a public ledger of all transactions open to everyone. The digital wallet addresses of the seller and buyer are involved and every deal specifies the same with the number of coins involved in the transaction. Currently, it is the top cryptocurrency

Subsequent to bitcoin new players like  Litecoin, Ripple, Ethereum etc are in the fray though they have not gained much traction and not traded universally yet.

The functional use of crypto currency

Purchase of goods

A lot of merchants now accept Bitcoin as a mode of payment. They range from small time retailers to the large players like Overstock. It can be used to pay for daily purchases to big transactions like jewellery, hotel reservations and so on. 

Instrument of Investment

The zooming value of Bitcoin has opened up the possibility of creation of many millionaires. These are now felt to be red hot avenues of investment. Bitcoin has seen the birth of new millionaires. In 2016 it was valued at $800, in 2017 around $7000,  and currently $10660 that is around 7.86 lakhs INR. However on the cautionary side, it has seen massive upswings and downswings which make it a high risk investment

Ethereum, perhaps the second most valued cryptocurrency, is now valued at $353 ,ie around 20,000 INR.

In the earlier days, Bitcoins could be mined using a computer. Seeing the potential companies invested in industrial mining hardware setting up extensive manufacturing servers involving extensive use of electricity and infrastructure. JHowever the latest trend is mining through mobiles with minimal use of data and battery and certainly no overhead cost like Pi Network. Other crypto currencies for beginners are Dogecoins and Litecoins.

Some common cryptocurrencies

  • Bitcoin — The pioneer who started the revolution.
  • Ethereum — A programmable currency that doesn’t work with Bitcoin.
  • Ripple — Does not use  Blockchain, rather  an iterative consensus process is implemented. It is faster than Bitcoin but prone to being hacked

Some other cryptocurrencies are

Crytptocurrency India

Are cryptocurrencies legal in India

India has entered the realm of cryptocurrencies with the recent judgement of the Supreme Court which legalised Bitcoins. Of course the regulators are not too happy as these are decentralised and self sustaining with no central agency controlling it. The legal frameworks are being explored.

Issues with Crypto currency

 No government Backing

No government Backing

They are not backed by the government or cushioned with gold reserves. If the company which is providing the same collapses, then your money is as good as gone. The government might not be able to retrieve the situation.
Unregulated Currency. As the cryptocurrency is unregulated it is prone to wild swings both up and down which makes it a high risk investment susceptible to manipulations. A cryptocurrency’s value changes constantly. Its value can change by the hour.

No guarantee of profitability. There are no promised returns. Bitcoin has ruined some people though others have profited from it. It certainly is not safe investment where there is no regulation, no control and where it is prone to manipulation.


No legal protection.

Once a payment is made, it is gone unless the seller sends it back. And it is very difficult to ascertain the whereabouts and the antecedents of the buyer and the seller.

 Public domain.

The information of the holdings is in the public domain. It could be the value of the transaction, the wallet addresses. These could be used to identify the parties involved

Risk of Hacking.

Being primarily online, there is a risk of the online wallet being hacked and the currencies illegally transferred.

Final usage.

This is an area which has raised a lot of concerns. Decentralised, potential for anonymous usage has raised concerns on the same being used for money laundering, tax evasion and terrorist activities.


Price Manipulation. 

By far the biggest issue in the cryptocurrency market is the excessive volatility. The prices of cryptocurrencies on exchange platforms rise and fall dramatically over a short period of time. The major contributor to the excessive volatility are the ‘whale activities’. Whales are individulas with large holding of cryptocurrency who can swing the market by manipulating prices

Cyber Criminals.

Cryptocurrencies have been subjected to attacks by these cyber criminals resulting in loss of millions of dollars. Though there have been attempts to make the wallets secure by storing in off line wallets. These measures though helpful create new hurdles in smooth and quick operations.

Loss recovery.

The same is difficult due to lack of regulations and control.

Future of cryptocurrency.

Cryptocurrency is digital money. That means there’s no physical coin or bill — it’s all online. It is a peer to peer business without a central agency like a bank to interfere or regulate the same. The market of cryptocurrency is growing every day. It does suffer from regulatory and other issues. The main cause are the infancy stage of the market, lack of understanding and the novelty of the concept. The cryptocurrency market is currently valued at a market capitalisation of $237 billion with Bitcoin being traded as the best crypto currency.

earn online: this is how you can make money

Earn Online

The internet boom  has really revolutionised the way the world lives and does business or earn income, Gone are the days when one was dependent on an MBA degree or be an engineering graduate to make a living. New avenues have opened up where one can earn online money and that too working from home changing the concept of working at a 9 to 5 job under gruelling terms working to realise the dream of someone else. However if you feel that you are going to earn online money  and become an overnight millionaire, well forget it. Buying a lottery would be a better option. Good Luck. Well, sorry to disappoint you or act as a dampener, but better to have the concept clear before you enter into the world of ‘how to earn online from home’.

Proven ways to earn online In India

Freelance Consulting. Every one has an expertise, a talent or knowledge gained from year of slogging it out in the corporate. Experience has no alternative and there are a lot of people looking for such talent to help out in their ventures. This could be easily turned into a freelance consulting venture where you offer consulting for a fee at flexible working hours. You put your experience into practice and the business unit becomes a better enterprise. Consultants once established command a very neat price.

Earn online from social media platforms

Social media has taken over the world. The smartphones has really changed a generation. People hunched over their phones is a very common sight. You Tube, Instagram and Facebook are major social media platforms which can be used to earn money online. People promote products online through Facebook which has a fantastic reach and is very economical. Instagram and Twitter are used by celebrities or domain experts where they are paid enormous sums for their posts and tweets. These can also be sources of passive income wherein initial hectic activities can later lead to generation of income while you sleep!

Earn online by teaching.  Online learning has  really taken wings. Online teaching websites  like Byjus and Vedantu coming up with innovative ways of making learning interesting. With Covid 19 bringing in the concept of social distancing, physical learning has undergone a major change. Online teaching jobs are aplenty. Flexible working hours, working from home and the power to select or reject makes it a very attractive proposition. Positive reviews and expertise in difficult subjects like Maths and Science has made it a very profitable venture.

earn online by Teaching
Earn online by Teaching

Earn Online by Typing. 

Data entry, content writing, transcription including medical transcription are a few avenues of  earning money online by typing. Lot of websites like fiverr, indeed, freelancer, upwork are some of the sites which offer such online jobs and pay reasonably well.

Affiliate marketing.  Another popular way to earn online is through affiliate marketing. A marketing method which has taken the business world by storm is affiliate marketing. Firms take on board affiliates who are willing to sell the company products through their websites/ blogs. The payment is made through commissions on successful sales and referrals. This is a very profitable method of making a passive income.

Of course, the initial effort is required in the form of identifying the product (preferably something within your area of expertise else it would be like fitting a square peg in a round hole), identifying the firm, working on the terms of business (as a lot of firms are not too transparent in their dealings or likely to change terms once the product becomes successful), drafting a marketing plan and then executing it successfully. Initially it sounds overwhelming but once you become an affiliate for a particular product then adding other products becomes easy. And as the product grows in popularity you are assured your pound of passive income.

affiliate marketing
affiliate marketing

Subtitling of movies. Covid 19 has given a solid fillip to another industry,  the OTT platform (over the top platform) wherein internet is used to transmit movies instead of the traditional cables. With the public enjoying the movies from the comfort of their homes and at very reasonable costs there is increased interest in content of other languages. Subtitling comes into the picture in such a scenario. Present day sub titling standards are pathetic with translations ranging from average to hilarious to ludicrous. If you have a decent command over the language, both the original and the translated version, this is one avenue which can be explored. It pays well and could be a good source to earn online.

Blogging.  The definition of blogging is the process of writing a blog, an online journal in which you share your thoughts about a particular subject with readers. (Courtesy,

Blogs are basically articles written by individuals or firms to showcase skills, exhibit portfolios or express their opinions thoughts and feeling Further it could also act as a platform for online resolution of issues ranging from how to fix a puncture to installing a television. Blogging has given a lot of people with a passion for writing, or domain experts who are masters in their field gained through knowledge or experience, a platform in which they can express their thoughts on a variety of issues or impart knowledge or guide people through a particular process or installation. Wix, Word press, linked in, Instagram, Medium are a few blogging platforms which can be used. The money is made through being paid for the contents or the advertisements which are displayed on your page.

Content Writing. It is the process of creating web content in the form of blogs web posts and scripts. Content writing are written expressions on topics where the author has some knowledge or experience which makes him an expert to some extent. To get

Other avenues. Stock trading, crypto currency, trading in currency etc are some other avenues to earn online. These aspects will be covered in subsequent blogs.

Is it an easy way to overnight riches

Well, people have made their money, but terming it as easy money would be an injustice. You have to possess or acquire skills to earn online. Lot of effort goes in to produce content, build up a product base or draw visitors to your page. Constant effort is required to ensure optimisation of the page and site so that it is visible to online users. And yes, it takes time and effort but if done diligently in a well planned manner there is no reason why you cannot succeed in your endeavour to earn online. It is not easy money but over a period of time, good substantial money.

Earn Online through Affiliate Marketing

Introduction to Affiliate Marketing

The era of internet has seen a massive change in the way business is being done. The effortless reach of the medium has ensured that the business owners can access the customers more easily, across geographical obstacles and distances. No country is too far and no product is out of reach of the customers. Affiliate marketing is one of such trends wherein a massive  customer base can be reached without any increase in sales/marketing costs and without any elaborate marketing  plans. Brands collaborate with various affiliates to promote products  or services. The scale of business and reach is such that the U.S. affiliate marketing spend is due to reach 8.2 billion U.S. dollars by 2022, up from 5.4 billion recorded in 2017.

Introduction to affiliate marketing

What is Affiliate marketing

Affiliate marketing is also known as performance-based marketing. It  is a business method wherein a business owner makes sales through affiliates who recommend the products through blogs or through their web pages and earn commission when sales happens. It’s a win win situation for both as the seller does not have to set up an extensive marketing strategy and the affiliates do not necessarily have to create a product of their own and earn passive income in the form of affiliate commission.

Advantages of Affiliate marketing

The affiliate marketing model has a major benefit in that

  • The seller does not have to spend more to reach a bigger market
  • The marketing costs are reduced
  • Significant increase in sales without additional burden of manpower costs
  • Better feedback on quality of products

The affiliate enjoys benefits in that

  • He does not have to pay to join the affiliate program
  • He can sell an established product without upfront investments
  • After the initial proactive efforts, the affiliate links generate a regular passive income.

Affiliate marketing strategy

Affiliate marketing has the following players/ network

  • The merchant. Could be a firm or an Individual with a product or a dream to sell.
  • The Affiliate. Could be an individual or an entire company
  • The product. Could be physical like a book to a virtual coaching programme.
  • The customer. The main cog in the whole process who makes the affiliate system work.
  • Medium. The product has to be advertised and sold for which the medium is to be selected and affiliate marketing strategy worked out. The medium could be social media like instagram or facebook, blogging pages or a dedicated website.

Affiliate Product

The product has to be selected wisely. The affiliate platforms are aplenty with many a product to sell. The criteria to be kept in mind while selecting the affiliate product is whether the product is aligned with your niche or area of expertise and whether there is a market for it. Niche or area of expertise is basically your passion or the expertise gained by working in the related field for years, gaining knowledge and experience which makes you somewhat of an expert and one who could understand the nuances, the advantages and disadvantages of the product. Somebody in the logistics field will have an advantage in selling a logistics related solution as he would have a better idea of how to market the same. A food blogger trying to sell an engineering product would be like fitting a square peg in a round hole.

affiliate product

The platform too would be important as beauty related products would be well served in instagram or facebook whereas an engineering product could be through a dedicated website or a blog where the product description could be done in detail.

Affiliate Program.

Affiliate marketing as an end result could result in steady passive income or even source of enormous riches but it needs dedication and extensive efforts in the beginning till you make a name for yourself and you are well respected in the market. Your quality of work would speak in a world of cut throat competition. One has to develop trust in the eyes of the user. One wrong move or a short cut would spell disaster.

affiliate program

Further be selective about the products you promote. Limit the number of affiliate products you endorse or advertise those which you have used yourself. A product tutorial explaining about the product and how it works would be a major force multiplier. And, if the video features you using the product, well, that would certainly increase the trust factor in the affiliate product you are endorsing.

Affiliate Marketing Disadvantages

Like any other business, Affiliate marketing suffers from a few disadvantages mainly:

There is no control over the affiliate program. You cannot control it as you do not own the program. The merchant decides the terms and conditions and as competition gets tougher the terms get less attractive. The merchants do tend to give a raw deal once the product is well established.

There is no guaranteed income.  It is an opportunity combined with risk. There is no guarantee that you will earn a particular sum or the time it would take for you to achieve desired level of sales. The expected passive income could well turn out to be  a business venture needing constant active participation.

Customer Base.  Once referred generally the same customer will not buy from you. The need is to generate new leads on a consistent basis. And with growing competition of ever expanding affiliates, it gets more difficult to gain new leads

Some statistics pertaining to affiliate marketing (AM) reveal the following:

  • Affiliate marketing spending is bound to grow by 10% in the next few years.
  • Worth $12 billion, the AM sector is growing rapidly.
  • AM accounts for 15% of all digital media revenue.
  • Well-crafted affiliate marketing programs can boost revenue by a staggering 30%.
  • That boost amounts to 15%-30% of all sales being generated by AM.
  • Together with email marketing, AM is one of the largest sources of online income, accounting for over 16% of all ecommerce orders in the USA and Canada.

(courtesy: hosting

Affiliate Marketing conclusion

Affiliate marketing is apparently the easiest online business model to start earning passive income online. It’s low-cost, high-profit industry. On the other hand, it also might happen to be a tough one. All the challenges are on you and performance relies on your determination, approach and the affiliate strategy you choose to follow. Affiliate marketing seems to be an easy and exciting way to earn money. The key for the same would be find a top performing affiliate platform.

Ways to earn Online

An introduction to ways to earn online

From the times the internet was a source of fear, then curiosity followed by source of news and entertainment, it has graduated to being a major business tool helping in marketing, logistics and so on, in effect, making business easy and efficient. It also has shown the way to earn money online by sitting in the comfort of your house and working at your convenience earning active and passive income. Some have even left their 9 to 5 jobs to follow their  online ventures into full-time internet businesses.

If you are curious to turn your hobbies and passion into profits and full time ventures, then let us look at different ways to earn online, initially as a supplementary and later main source of income. Internet has made the world a smaller place and you can earn online from India or any other country

make money online
make money online

Earn online by Blogging

How to earn online by Blogging.

A very popular way to  make money online is through your own blog. You can earn online blogging your thoughts, ideas, knowledge and views. Blogging initially started off as musings by individuals through their own blogs which later developed into full fledged websites based on content management firms in form of word press blogs. A blog can be on any topic you are passionate about but to make money online a profitable niche market has to be chosen. The mechanics are easy and can be made profitable through online advertising (goggle ad words), affiliate marketing and so on.


Online surveys are one of the easy ways to earn online income. People’s opinions matter. Corporations and research firms are seeking opinion of people on products and services And paid well! Top corporations could pay upto ten or more dollars for the survey. To avoid being scammed, limit yourself to two or three reputable survey firms, understand the system before you expand your avenues. Make it worth your time

Making money online through affiliate marketing.

Another source of online income is making money through affiliate marketing  where you get a commission on sale of products of online merchants . No customer support and marketing costs too!  You can sell your own products too and eliminate the middleman costs and establish a direct link with the clientele. It is one of the fastest and easiest ways to making money online provided you do it meticulously.

making money online through affiliate marketing
affiliate marketing

Online mentoring.

One of the best ways of earning online income, though not one of the easiest,  is online mentoring. If you have carved a niche for yourself and have gained a name in the market, this is the avenue for you. Too many individuals and firms in stress or otherwise look out for mentors to guide and advice. It could be a personal one on one mentoring on leadership skills, guidance during difficult times, chartering a career path and so  on for individuals. For firms, it could be on lagging sales, high manpower turnover industrial disputes and so on.

Make money online through coaching and tutoring.

The present days of COVID have really brought these into focus. While the current crop of teachers are struggling on platforms like teams to take online classes, some enterprising firms like Byjus/ Vedantu etc have already taken the lead. If you are a good teacher, with expertise in your subject, well, this could be an avenue for you for making money online. Particularly, well qualified teachers from the non cosmopolitan cities have found this avenue very profitable way of earning money online

Make Money online through Content writing.

Good writing skills and adeptness/ expertise in various domains could be the best source for online income for you.  Writing exhaustively on various niche topics attracts lot of eyeballs and could well pave the way for future advancements into your own websites and blogs. It is a very popular way of earning income. In these avenues you can earn online for free as most of the sites do not charge any fee.

Other Different ways to earn online

Book writing.  Ebooks are the latest trends. Just to make sure if there could be an audience for your book, try a pre sale landing page which summarises your book on platforms like Podia. Once you are sure of the audience then go right ahead. Ebooks are the future as print media is looking at a downturn as more and more people are turning to virtual media. Once you make your mark, then there is no looking back.

Sub titling of   movies. This is another avenue for making money online. OTT platforms are taking over the movie world. People are preferring binging on movies at home where they have the option to fast forward stop and watch at own convenience without undergoing the exercise of traversing traffic, overcoming crowds, exorbitant rates for eatables and beverages. The quantity and variety available is humungous. Now what is missing is good quality sub titling. Some of the sub titling are really hilarious. These are available for a lot of  languages, like English to Hindi, Tamil, Kannada, Telugu and vice versa. If your command over the language is good, you   can try this method. There are firms which offer upto Rs 70 to 100 per video minute. These are basic rates and could go higher as you go international. Abroad, people charge anywhere between 70 to 100 dollars for a video minute.

different ways to earn online
sub titling on OTT platform

Free Lancing.  A very popular way of earning money online. There are avenues like, which give these options and pay reasonably well. All you need is create your account and bid for projects on these sites based on your skill sets. Once your work is accepted the payment is made. Be aware that quality of work and timely delivery matters. Once you gain good ratings and understand the mode of working and delivery this well could be a very good avenue for making money online

Online advertising

Earn online by Google.. 

Online advertising is a very economical way of advertising of products to millions of people at a very minimum cost. Adsense is another avenue for making money online. It is a free programme that gives you a share of the ad revenue once users click on the ads displayed on your pages. A well developed web site or page with niche content sought after by online users could attract Adsense, clicks by users and passive regular income

Online advertising


You should be mindful of the platform that you opt for. Beware of the scams and fakes. Also do not expect to earning big amounts in the initial stages. We now have more time on our hands and this could be utilised to explore the virtual media,  learn identify your niche and then, the world is your oyster.