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Tips - March 25, 2022

5 Technologies that Can Make You Super Rich

The rise of technology has created some of the simplest ways to generate money and become rich. Many barriers to building wealth in the past have been broken by technology.

Ensure you don’t underestimate the profit potential of new tech opportunities. Here are some technologies that can make you rich.

 1. E-Commerce

This is the simplest way to use technology to make money and get rich. E-commerce has advanced over the years.

And with the advance comes ease of use. A grandmother might sell mittens from her phone with little to no assistance.

eCommerce systems have automated nearly every aspect of the selling process, making it ridiculously simple to sell anything.

2. Live-Streaming

Live streaming is fast replacing television.  Take a look at the increasing popularity of streaming platforms. And how much time you spend streaming compared to watching an actual TV.

To make the practice even easier, major manufacturers are also providing streaming kits. Not that you’d need that type of technology to get started anyway. 

You can leverage virtual reality technology as a Vtuber. It is a  fantastic strategy to use technology in content creation.

Related: 5 Basic Money Skills that Can Make You a Millionaire

3. Paid Subscriptions

Some of the great paid subscription platforms are Patreon, OnlyFans, and Substack. Members of these sites can become wealthy and earn a regular paycheck by collecting money from their members.

4. Crypto

Investing in cryptocurrencies like Bitcoin, Ethereum and Solana can pave the way to wealth.

It’s a high-risk investment, so you want to make sure you’re educated on the essentials of crypto trading and investment. 

These free courses on cryptocurrency trading can get you started.

5. NFTs

Non-fungible token (NFTs). When something is fungible, it can be exchanged for another identical item. NFTs are unique digital documents that prove ownership of digital assets. 

It is gaining wide use in the digital arts industry, as collectable items. Graphics designer Mike Winkelmann (Beeple) is one of the early adopters who sold an NFT for $69 million.  Nigeria’s Jacon Osinachi also sold NFTs worth $75,000 dollars.

Next: 3 Money Traps that Can Make You Poor Despite Increased Income

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