25 Bitcoin Business Ideas That Will Make You Money Quick (2020)

Looking to start a cryptocurrency business, but not quite sure what to start?

The good news is, there are so many opportunities to become an entrepreneur and make a great living doing this!

If you're looking to start your own bitcoin business, there are several options you can choose from.

We put a list together below of the most profitable cryptocurrency business ideas you can start today!

Here they are:

1. Start a consulting business ($240K/year)

Akhil Suresh Nair from City of Westminster, England, United Kingdom started Xena Intelligence by Parzenn Partners over 2 years ago, a consulting business.

  • Revenue: $20,000/ month
  • Founders: 3
  • Employees: 0
  • Location: City of Westminster, England, United Kingdom

I had a couple of years of experience working for a large corporation back in India. I genuinely felt that I was just a cog in the wheel and that whatever I did had little to no impact in the real world.

We were at a crossroads at that time – filled with constant self-doubt about the career path we wanted to take. We could have easily applied for corporate jobs in the US or in India, but we chose to follow our hearts by continuing to work in our consulting business.

I reached out to a few small businesses I had developed good relationships during my corporate career and started helping them out on developing marketing strategy to scale their businesses and also to instill robust operational efficiencies in their business processes. I realized that I was able to add considerable value to their businesses and that I felt a sense of satisfaction in being able to make their lives better. I soon started consulting for over 20 small businesses in India.

how-two-friends-from-india-bootstrapped-a-management-consulting-business

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Akhil Suresh Nair, on starting Xena Intelligence by Parzenn Partners ($20,000/month) full story ➜

2. Start a decentralized app

Examples of a successful decentralized app:

3. Start a cybersecurity system

Examples of a successful cybersecurity system:

Here are some great videos on how to get started with a cybersecurity system:

For further info, check out these books and products:

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4. Start a cryptocurrency business ($384K/year)

Auston Bunsen from Miami, Florida, USA started CBlocks.io almost 3 years ago, a cryptocurrency business.

  • Revenue: $32,000/ month
  • Founders: 3
  • Employees: 0
  • Location: Miami, Florida, USA

I’ve been a web developer for like 12 years, I’ve learned about all sorts of cool technologies over the years.

In 2011, I went to a meetup called Hack&Tell and heard about Bitcoin from another developer named Michael Greenberg. A couple years later, in 2013, I started to mess around with the technology in my free time. In the middle of last year, I started getting into Ethereum and began to evangelize the technology. I believe it’s an awesome platform to build on. I convinced almost every single person I worked with to buy Ethereum and always got feedback that it was “so hard to get started with”.

So, my co-founder Mario and I were all hanging out on Mario’s last day at Wyncode (where we all worked together), and Mario was saying he wanted to get into crypto.

earning-32-000-in-30-days-with-a-crypto-filled-usb-drive

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Auston Bunsen, on starting CBlocks.io ($32,000/month) full story ➜

5. Start an online courses business ($60K/year)

Lidiya Kesarovska from The Netherlands started Let's Reach Success over 7 years ago, a online courses business.

  • Revenue: $5,000/ month
  • Founders: 1
  • Employees: 0
  • Location: The Netherlands

Back in 2013, I had already discovered my passion - personal development - and had realized writing is the best way to express myself. So I combined these and started a self-improvement blog.

Starting the blog was the best decision and not giving up on it over the years (even when no traffic or money was coming in) was what helped me move forward.

It was first just a hobby and I knew nothing about blogging. Over the years, after publishing a ton of content, gaining traffic, learning about SEO, email marketing, social media, and all the ways to monetize a blog, it became a real business.

how-i-created-a-5k-month-online-course-about-blogging

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Lidiya Kesarovska, on starting Let's Reach Success ($5,000/month) full story ➜

6. Start a dropshipping business ($144K/year)

Amanda Austin from Erie, Pennsylvania, USA started Little Shop of Miniatures over 3 years ago, a dropshipping business.

  • Revenue: $12,000/ month
  • Founders: 1
  • Employees: 0
  • Location: Erie, Pennsylvania, USA

I was unhappily working in marketing for a Fortune 500 insurance company when I started looking at ways to create a new income stream. I became interested in ecommerce and invested in a course to learn more. I compiled a list of keywords for products that had decent search volume and not terribly competitive to rank for in organic search. I used Long Tail Pro to get ideas--I had so many when I first started!

My business is a small, mostly passive income stream and I’m okay with that. There is so much more I could be doing with my store, but right now I am loving the extra income stream that allows me to work part-time at my day job and spend more time with my infant daughter.

A bunch of keywords in the dollhouse miniatures space fit the bill. I used Long Tail Pro and looked for keywords that were competitive--which on there is a score in the twenties or low thirties. I also wanted them to have at least 2,000 searches per month. This is not a ton, but five keywords with that search volume that are not that competitive can lead to a decent number of organic traffic if you build your site the right way. My advice to aspiring entrepreneurs is to find a niche with a nice handful of keywords you can rank for with quality content and a nice backlinking strategy. Don’t try to be number one for some saturated keyword that has a million searches a month. Go for keywords where you stand a chance of ranking--this is usually so-called long tail keywords that are really phrases--for example, “wooden dollhouse furniture” instead of just “dollhouse.”

how-i-started-a-part-time-dropship-business-on-shopify

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Amanda Austin, on starting Little Shop of Miniatures ($12,000/month) full story ➜

7. Start a bitcoin vending machine

Examples of a successful bitcoin vending machine:

Here are some great videos on how to get started with a bitcoin vending machine:

For further info, check out these books and products:

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8. Start a cryptocurrency real estate business

Examples of a successful cryptocurrency real estate business:

Here are some great videos on how to get started with a cryptocurrency real estate business:

For further info, check out these books and products:

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9. Start a cryptocurrency exchange service

Examples of a successful cryptocurrency exchange service:

Here are some great videos on how to get started with a cryptocurrency exchange service:

For further info, check out these books and products:

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10. Start a merchant wallet account

Examples of a successful merchant wallet account:

Here are some great videos on how to get started with a merchant wallet account:

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11. Start a day trade bitcoin account

Examples of a successful day trade bitcoin account:

Here are some great videos on how to get started with a day trade bitcoin account:

For further info, check out these books and products:

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12. Start a bitcoin hardware mining business

Examples of a successful bitcoin hardware mining business:

Here are some great videos on how to get started with a bitcoin hardware mining business:

For further info, check out these books and products:

13. Become a bitcoin broker

Examples of a successful bitcoin broker:

Here are some great videos on how to get started with a bitcoin broker:

For further info, check out these books and products:

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14. Become a bitcoin ATM

Examples of a successful bitcoin ATM:

Here are some great videos on how to get started with a bitcoin ATM:

For further info, check out these books and products:

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15. Start a bitcoin reseller business

Examples of a successful bitcoin reseller business:

Here are some great videos on how to get started with a bitcoin reseller business:

For further info, check out these books and products:

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16. Become a bitcoin oracle

Examples of a successful bitcoin oracle:

Here are some great videos on how to get started with a bitcoin oracle:

For further info, check out these books and products:

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17. Become a bitcoin website

Examples of a successful bitcoin website:

Here are some great videos on how to get started with a bitcoin website:

For further info, check out these books and products:

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18. Become a bitcomin domain name

Examples of a successful bitcomin domain name:

Here are some great videos on how to get started with a bitcomin domain name:

For further info, check out these books and products:

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19. Start a bitcoin forum

Examples of a successful bitcoin forum:

Here are some great videos on how to get started with a bitcoin forum:

For further info, check out these books and products:

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20. Start a bitcoin crowdfunding website

Examples of a successful bitcoin crowdfunding website:

Here are some great videos on how to get started with a bitcoin crowdfunding website:

For further info, check out these books and products:

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21. Start a charity that accepts cryptocurrencies

Examples of a successful charity that accepts cryptocurrencies:

Here are some great videos on how to get started with a charity that accepts cryptocurrencies:

For further info, check out these books and products:

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22. Start a bitcoin user manual

Examples of a successful bitcoin user manual:

Here are some great videos on how to get started with a bitcoin user manual:

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23. Start a tool for bitcoin traders

Examples of a successful tool for bitcoin traders:

Here are some great videos on how to get started with a tool for bitcoin traders:

For further info, check out these books and products:

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24. Start a bitcoin news site

Examples of a successful bitcoin news site:

Here are some great videos on how to get started with a bitcoin news site:

For further info, check out these books and products:

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25. Start a bitcoin paid to click site

Examples of a successful bitcoin paid to click site:

Here are some great videos on how to get started with a bitcoin paid to click site:

For further info, check out these books and products:

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Starter Story,   Founder of Starter Story

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