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Safe, legit, and legal ways to earn XMR? : Monero | Torhoo darknet markets

I am a university student with no job, it doesn't seem likely that I'll get a minimum wage job within the next few months, and I really need some money. I also just very recently got started with Monero. So, I went looking for some safe, legit, and legal ways to earn XMR on xmrbazzar.com and moneromarket.io, and I was thinking of perhaps doing something like:
1. Buying physical gift cards from nearby stores and selling them online for XMR, charging a small fee on top of the price of the gift card. For example, if the gift card costs $25, I would charge $30 worth of XMR (not including shipping costs). Not sure if anybody would buy it, but I've seen some people do that on xmrbazzar.com.
2. Legally buying things from online stores such as Amazon or eBay and shipping it to customers for XMR while charging somewhere around a 10% fee on top of the price of the item.
3. Creating my own thing to sell online for XMR, such as a wifi or cellular adapter (using a usb to pcie adapter + wifi or cellular card + antennas) or a portable Raspberry PI wifi hotspot with cellular connectivity.

Problem is that I don't know exactly how much money would I be earning and I really need money.

Also, can you suggest any privacy-respecting, reputable, and widely-known online stores which accept XMR?
/u/VladTheInhaler
2 points
8 months ago
bro
U
aRe
totally ruining
my high
RN
/u/[deleted]
1 points
8 months ago
Basically what you're trying to do here is currency arbitrage. This is possible, but it comes with a few issues.

What are you planning on doing with the XMR? If you're offering to buy XMR off of people for a small premium (your gift card idea), how are you going to convert that back into regular cash to then repeat? Cake Wallet has a built-in feature where you can instantly buy gift cards with BTC, XMR, and LTC, and it even comes with a 1-3% discount.

Monezon is your Amazon idea, they also offer a small discount off of the list price of the item.
/u/monero_desk_support
1 points
8 months ago
Monezon seems dead by the way, I would look elsewhere.
Have a look at /d/Jobs4Crypto. There are lots of jobs you can do to earn crypto there.

You're in the wrong place to hope for safe, legitimate, and legal ways to earn XMR.
/u/antianon
1 points
8 months ago
Trade XMR

:-)
/u/footsteps
1 points
8 months ago
Let's go from first principles - seeing as though your core case is to earn XMR online rather than earn Fiat currency via any normal means.

Humour me...

  • What is money? It's a contract that records value on a ledger (analogous with a latch in electronics) to store that value for future use in a form that is exchangeable and reusable. Traditional forms are Bearer Bonds and Promissory Notes that are not registered to an individual.
  • What is work? It's a contract - where you agree to provide some item or service of value in exchange for storeable value described above.
  • What is value? Some use of energy in space and time to change something, in Physics, expressed a Work Done in Joules.
  • What are prices? Essentially they are market information expressing the relative scarcity of a product or service, and the work required to produce them; and further, the cost of the investment of time and energy in training to be competent at a skill required to provide them.


So in a nutshell, to make money, you have to save someone time, or money (or both); by providing them with a readymade product or service that would otherwise require them to exert time, money, and resources.

So ask yourself:

what do people need; want; not know they need; or not know they want; that you can provide to them in exchange for money?


What can you (realistically) do? What can you be bothered to do? What can you learn how to do?
What do you know? What do you know how to find out about? What can you learn to know about?

These are the start points for what you are really describing, which is, "how to make a business?"

(...arbitrage is but one aspect of this; and remember, if it's easy for you to do; it's probably easier for many other people to do, too)