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Message Subject Are There Actually Any Ways For Normies To Make Money Online?
Poster Handle Anonymous Coward
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A couple years ago I did audio transcription for Speechpad through MTurk (no longer accepting new regs, last I heard)

It was mostly insurance interviews (car accidents). Paid about $6/hour, once you get your speed up.

There was plenty of work. But it's pretty mundane job.

I'm not sure what it's like, nowadays.

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Next- Unless Paxful has finally clamped down on AML/KYC laws, the "wild west" that it is (due to rampant scammers)- actually leaves a barrier to entry (you have to be 'street smart'), and I can tell you there is opportunity there (or was last year when I was active).

But you really have to know the platform inside and out. And it's not for the faint of heart.

Inside the Wild West World of Gift Card Bitcoin Brokering
[link to theintercept.com (secure)]

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Here's another kind of interesting niche..

You know all those Indian MTurk workers who forced Amazon to close registrations?
They all get paid in Amazon Giftcards. Which they want to convert to cash.

Not only them... there's a general large demand for liquidating Amazon GC's, simply because Amzn prohibits it.

Anyway.. Purse.io matches "people who want to buy stuff" with "people who want to liquidate gift cards" ... and runs a business on the spread.
[link to purse.io (secure)]

Now if you go to Craigslist you will see ads for people buying giftcards.. contact the buyers... you will find Amazon GC's usually sell for ~60% of face value. (last I checked)

Meanwhile on Purse.. you typically earn 80-90% of face value back from the card. Now you know how to undercut the Craigslist buyers.

What's the barrier to entry? It's a very tricky platform, and you can get your Amazon account locked if you're not careful.

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A more robust "variant" on the above-

I know of someone who learned coinage / coin appraisal (a complex 'science' FWIU).
So they pickup Amazon gift cards on Craigslist for ~60%. Then buy coins from 3rd party sellers on Amazon that they know (based on their knowledge) can be liquidated at >60% of their cost.

I did a few 'case studies' last year, and found there does seem to be opportunities for that.

The problem is when anything becomes too widely-known, the laws of the Free Market ensure that it disappears, eventually.

That's why smart people keep their arbitrage under wraps
.....which is what maintains the environment that AC 75993659 describes.
 
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