#1. Write Blog Posts For Bitcoin (And Other Digital Assets)
Writing blog posts for Bitcoin and crypto projects, protocols & companies is an easy way to make Bitcoin
Welcome to the first edition of the Make newsletter, where I’ll be sharing an idea a day about how we can make Bitcoin or cryptocurrencies (language wise, “make Bitcoin” still sounds wonky, but that’s what we’re doing. We make some cash. We make money. We make Bitcoin and we make crypto).
If you wanted me to start off with some slick #stackingsats app or a new website where you get paid in some cryptocurrency for clicking on things you’re out of luck.
I’ll start off with regular, honest work: writing blog posts.
Again, sorry, not a sleek and sexy affiliate program. It’s often not fabulous and is tedious at times, but there are enormous benefits (other than making a decent amount of Bitcoin or other cryptocurrencies). First of all this work makes it possible to make decent money. You’re not stacking 20,000 satoshi here and 5 $BCH per click there. Second of all you can develop your expertise in the industry while building a name for yourself as an expert. Thirdly, you get to meet people (at least online) and network with them.
This method is also accessible to almost anyone as it does not require any starting capital.
Earn a very decent wage, keep learning, stay in the industry and contribute to the space. A dream come true for many.
What will you be asked to write: There are all types of blog posts that the industry needs to have written, so rest assured that you will find a fit for your ability and experience level. Maybe you won’t be ready to write a 2,500 word deeply researched piece for the 3rd biggest exchange on day 1. But you’ll be able to write some SEO copy for a few startups for sure.
It may seem banal, but writing content for all sorts of projects, companies, protocol and people in and adjacent to our industry is a very good gig.
How big is the opportunity: there are tens of thousands of potential clients for this type of work worldwide, including, but not limited to the major protocols and the foundations and groups that represent them; all of the organized boosters associated with these projects; several thousand crypto startups all over the world (find them on angel.co, Twitter, Telegram, Medium, etc.); thousand of service providers who want to work for this space, including lawyers, CPAs, fintech PR firms, security auditors, all types of blockchain and digital asset consultancies, business business advisers, etc. The list goes on an on. Many of these firms will be very open to paying you in Bitcoin. Not everyone. Not all of the time. But most. I’ve peen paid in crypto by many in this category. Don’t assume they won’t do it and you’ll often be very pleasantly surprised.
How do I get this type of work: a lot of people can do the work, but struggle with getting it. Clients might come to you after a while, but in the early days it’s all about getting out there. The most direct methods work best: 1) email these companies. Spend a week putting together a list of them (use Google Sheets or Airtable, or Hubspot if you’re really on fire). Get emails using their websites, LinkedIn and tools such as Hunter.io 2) reach out to them on social media, either in a conversation or via DMs. If you’re not pushy or spammy they’ll appreciate getting to know someone who can write good content 3) there are tons of marketing agencies and other brokers who can help you get this type of work. I won’t debate if using them is necessary, but they do have this work available.
Unfortunately, the big freelance platforms like Upwork and Freelancer have yet to embrace paying in crypto. They do support payouts by Bitwage, but not as a native method. I’ll address working for the many new cryptocurrency-native freelancing platforms in a separate issue of Make.
How much will you make: pricing is all over the place and depends on who the client is, your experience level, how good you are with SEO (search engine optimization), how long the posts are, what the goal of the post is (being a main piece of content vs primarily SEO content) and several other factors. Rates range from $20 on the low end for simple 200 word posts to several hundreds dollars for 2000 word thought pieces. Let’s assume you write 1 solid 750 word post a night (which will take you say 3 hours from start to finish) for $100. Do that for 20 nights a month and you have 1/4 of a Bitcoin. In a single month. Do that for 10 months over the span of a year and you have 2 1/2 Bitcoin. If you believe in Bitcoin’s SoV narrative you’re now part of a very exclusive group.
It’s totally possible to get enough work to make $500 a week writing blog posts and even if you’re working a regular job you can carve out 3 hours a day to have 2-3 Bitcoin at the end of the year.
Coins you will be paid in: Companies on the periphery of our industry tend to pay with Bitcoin and Ether, while specific projects prefer to pay using their own project coins. It really doesn’t matter as long as the coin is liquid (listed on several solid exchanges) and you can swap or trade for Bitcoin.
I’ve done this type of work. And when I did it I made a lot more money, so that’s possible as well. This strategy and these tactics work.
I’d love to learn from you as well, so if you have experience with writing blogs posts for which you were paid in Bitcoin or other digital assets please reach out via email or on Twitter if you’d like to share your experiences.
If you enjoyed this first idea for making some real Bitcoin please feel free to forward this email to friends, family and colleagues or to share it by hitting the button below.
As always, hit me up if you have any questions or comments.