Are you a university student? do you fancy a little bit of extra cash in your pocket? Fear not for you are in luck! In today’s article we shall bring to your attention a few ways of earning some quick cash and we are talking Dollars or Euros which once converted into the Ugandan currency will really add up to something substantial.
These are a one in a million business opportunities that give you the leverage to start with what you have and then progress and better your financial situation. All that you will need to get started is a personal computer or phone with data ( 1 GB will suffice) and a glass of water just in case you become thirsty.
Alright, now let us talk business. We give you some of the tested, stumped and sealed ways you can turn your personal computer or phone into a money making gadget
Now this might sound sophisticated but trust me when I tell you that it’s all child’s play. You don’t need to be a rocket scientist to understand cryptocurrencies. And yes, just like any business this comes with certain risks given the rampant fluctuations in the prices of these cryptocurrencies. Imagine buying one Bitcoin at Ug Shs 23 millon and then it’s price drops to 18 million in 3 months. That would be very devastating.
A better option would be mining the Bitcoin for free without buying it. All that you need to do is engage in cloud mining. You just need to visit certain websites like Allcoins.pw, which is actually the best in this business. While on this website, you will be required to sign up and open up an account with them. These guys have faucets that comprise of different cryptocurrencies which you can mine using your personal computers’ CPU.
The Bitcoin that you mine will be stored on your account and you can withdraw it and sell it for a premium. There are many online platforms that will be willing to buy your Bitcoin in exchange for cash, which cash will be sent straight to your PayPal account or bank account. The beauty with cloud mining is that you will be able to make money while you are sleeping. You just need to leave your PC running on the website and it will keep mining your Bitcoin as long as you have data. If you are a fun of making smart money you can visit the website and give it a try.
Another avenue is engaging in forex trading. I am not talking about the normal forex market that runs every week from Monday to Friday, I am talking about dealing in binary options and digital options. These two function 7 days a week and 365 days a year. All that you need to do is open up an account with a trading platform and in this case I recommend IQ Option which is one of the world’s best trading platforms.
Their mobile application has a demo account where you can practice and understand things better before progressing to the real account. I suggest that you watch some YouTube tutorials on how to engage in these types of trades but I must say, there is no limit to what you can earn in just a day starting with a minimum investment of just US Dollars 10 which is around Ug Shs 40,000
Those have been my 2 ways of making money while you study and the good thing is that you are your own boss so you get to work in your free time. What could be more fulfilling and befitting of a student? Give it a try. For more clarity, you can keep in touch with us here at Chano8.com and we will be willing to respond to your queries one by one.
Compiled by Brian Kasede from Makerere University