Sunday, 21 January 2018

(Post 7/Week 7)zero dollar business:carousell and cryptocurrency

This week, we are back to my carousell side project

My carousell:carousell.com/eric996



I have been running out of things to sell lately so the next question is...

What is the next step to go on from here?

Some of the options, I am considering...

A)Find more item to sell
B)Create more exposure on my items

For option A...

So far on carousell, I have been selling only my old book, perhaps it's time to branch out by selling other items?If so, what other type item can i sell on carousell which are popular?

Research link:https://soniamao.com/2015/11/07/surviving-carouhell-a-guide-to-power-selling-on-carousell/amp/

From the research link, we can gather which item sold best on carousell

1)Electronics
2)Books(something which I have a lot and can attest to this)
3)makeup
4)laptop stickers

And item that doesn't sold on carousell

1)shoes
2)clothes(too many on carousell)
3)accessories

As for option B...

Creating more exposure on my item will allow me to clear my book even faster and also the space to store the book which will allow me to even bring in other item to sell

Research link:http://scene.sg/lifestyle/best-places-to-sell-your-stuff-online

From the research link, there are two other platform other than carousel I have identified that I could sell my items

1)Gumtree
2)locanto

1)Gumtree

Gumtree is one of the more popular website to post classified, you do not even need to post create an account to post on gumtree, however, all your listing will disappear after 90 days

2)Locanto

Locanto is another popular website to post classified, however you need to create an account to post on locanto and the ad will disappear after one month or so

In my opinion,carousell still seem like a better platform to sell your second hand item compare to gumtree and locanto mainly because your listing will not get expire but no harm trying to get more exposure to your item right?

This is getting to be a really long post, anyway on to bitcoin faucets...

So last week, I touch on the subject of bitcoin faucets as a viable way to get satoshi(which is a very very small part of a bitcoin)



After doing some research from the link:http://toppayingsites.net/faucet/bitcoin-faucet-list-2017/

I decided that I would like to try out...(I am of course not affiliated to any of the faucets)

Moonbitcoin(http://moonbit.co.in/)

One of my friend is using it currently and learning from people is the easiest way to succeed

Moonbitcoin is a faucets that order 2 different payment options

The two payment option are listed below

Option 1:Xapo wallet
-Immediate payment to Xapo wallet
-Secure, online bitcoin wallet
-Xapo account automatically created if you don't already have one

Option 2: Direct payment
-Weekly payment (Saturday/Sunday) direct to your bitcoin wallet
-Payment threshhold of 10000 satoshi
-Use your existing bitcoin wallet or get a free wallet here

In short, Moonbitcoin allow you to claim every 5 min or claim it once a day and if you want to increase your claim there are some other factors such as Daily Loyalty Bonus
, Referral Bonus, Offer Bonus and
Mystery Bonus schemes!

Do join me next week as I continue to travel through the world of bitcoin faucets, cheers! :)

Sunday, 14 January 2018

(Post 6/Week 5 and 6):zero dollar business:carousell and cryptocurrency

First of, a big happy New year to all!!

I am back this week, after taking a short break last week from updating this blog


My carousell:carousell.com/eric996

I have decided to do only meet up payment for now as I have heard of cases of seller/buyer on carousell do not play ball after receiving the item/money online

People may also not trust me enough to transfer the money via ibanking, hence the postal option is out. Instead, I decided to deliver the item personally but the buyer will have to pay a token fee of $5(it sound a lot but that's for my public transport fees, the time I take to travel and probably because Nsf pay is like a cockroach, haha)

For now, I will probably just update all of my listing descriptions and see how things go first...

Anyway on to cryptocurrency...

Last week, I was looking into earning bitcoin without any investment(yes, zero dollars)and I found something interesting

Presenting...

Bitcoin faucets!!




Research link

So what is bitcoin faucets?

From the research link above(Yes, its Wikipedia!), bitcoin faucets are a website that dispenses Satoshi(which are like a very very small part of bitcoin, a hundred of a millionth bitcoin to be precise)

How do you earn money from bitcoin faucets?

According to Wikipedia, to earn satoshi from these faucets you are required to complete a simple task such as catcha(that thingy that asks you to type in to confirm your password) or even playing a simple game such as bitcoin fidget spinner

Why are bitcoin faucets created?

Wikipedia state that bitcoin faucets have three purpose

1)To introduce a user to bitcoin
2)To get traffic
3)To make money

Honestly, let be frank here, people create bitcoin faucets probably want to make money out of it, which bring us to the next question...

How do they earn money from bitcoin faucets? (Do you expect them to give free money?)

According to Wikipedia, Bitcoin faucets make money via advertisements to pay for the cost of the coin that they are giving away on the bitcoin faucets and the hosting of the server, which is not a lot,hence to quote from wiki "Adding additional content to a website, or creating some kind of unique or interesting twist, is the only way to generate an income for a Bitcoin faucet"

Honestly, I have no idea what is the additional content or unique twist but do stay with me for next week as we venture into the world of cryptocurrency faucets.

Happy new year to all, once again! :)