In this blog post, we will highlight if $100 can make you $1000 online. Before saying yes there are several factors to consider before concluding.
Scenario
Let’s say it’s your birthday and a friend decides to give you $100 to invest in an online opportunity. You may sit and wonder what is the best option out there for you. Bitcoin gurus would make hefty promises to turn your cash into large profits. Forex trading may allow you to double your $100 with a great trade setup.
While many would consider the two options above. They are both high risk. The crypto market carries a high risk to rewards while forex can also have you taking big leaps to earn a massive gain. The ideal way to go about investing $100 online is into something that will make you a guaranteed return on investment. Here are my recommended top three(3) suggestions.
- Investing in a Website with Domain and Hosting
- Flipping
- Invest in Digital Product
Investing in a Website with Domain and Hosting
This is one of the best ways to turn $100 into $1000. No doubt having a website online can make you money with consistency. The cost of a Domain + Hosting will cost nothing more than $60. There are a number of Domain hosting services you can purchase a domain from. Just to list a few; Blue Host, Hostinger, GoDaddy, and Site Ground.
After Setting up your Domain and Blog, You can hire freelancers on Fiverr to write SEO blog posts for you.
You now have a website with SEO-optimized content that can rank on google. You can now repost your blog post to earn more organic traffic through sites like Reddit, Tumblr, Facebook, and Pinterest. Sign up for the Google Adsense program and from there you can make back your initial investments.
Flipping
Flipping is a great way to turn $100 into $1000 online, The method of flipping involves the process of buying items and reselling them for a higher price. You can start by targeting an audience through Facebook marketplace. So let us say you visited a site like Alibaba.com and you found an item being sold for $50. You can purchase that item and flip it for a higher price.
Investing in a Digital Product
Investing in Digital Products is a great way to turn $100 to $1000 online. An E-Book is easily accessed by anyone with a smart device. You can hire freelancers on Fiverr to make an E-book on your behalf and you can resell continuously to have 100% ROI over time.
There are many ways to turn a $100 to $1000 online. A few other things to try are promoting affiliate offers, Investing in print-on-demand services, and Dropshipping.
