Struggling to make money in the blockchain space is not uncommon, as it can be a complex.
However, there are several ways to make money from blockchain technology.
Here are a few examples:
Investing in cryptocurrency:
One of the most popular ways to make money from blockchain is by investing in cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. You can buy these cryptocurrencies on various exchanges and hold them for a long time, hoping that their value will increase over time.
Another way to make money from blockchain is by mining cryptocurrencies.
Mining involves verifying transactions on the blockchain network by solving complex mathematical problems. In exchange for mining, you are rewarded with a certain amount of cryptocurrency.
Developing blockchain applications:
If you have programming skills, you can develop blockchain applications for various industries. Blockchain applications can be used for supply chain management, identity verification, and other use cases.
Participating in ICOs:
Initial Coin Offerings (ICOs) are a way for blockchain startups to raise money by selling their tokens to investors. If you can identify promising ICOs, you can invest in them and hope that their value will increase in the future.
You can also make money from blockchain by trading cryptocurrencies on various exchanges. Trading involves buying and selling cryptocurrencies based on their price movements.
However, it is important to remember that blockchain technology is still relatively new, and investing in it can be risky.
It is important to do your research and invest only what you can afford to lose.