You need money to make money. But not everyone has an abundance of money that they can invest to generate revenue. But fear not, I’ve come up with some easy online methods that anyone can use to double their investment. And they do not require you to invest huge capital.
Some of the easy ways you can double your 100 dollars are – starting an online business, flipping domain names, drop servicing, starting a niche blogging site, and matched betting. All these do not require a huge initial investment.
In this article, I’ve briefly discussed each one of these methods. So, if you want to know how to turn 100 dollars into 200, keep on reading.
05 Best Ways to Double Your 100 Dollars
Anyone with patience and determination to work hard can make a lot of money and become successful with anything. With just 100 dollars, you can start your journey towards becoming a millionaire. This $100 amount might seem a bit small to you. But by making some smart online investments, you can double the money in no time.
I have listed 5 online methods that you can use to double your 100 dollars investment easily. So, please go through them to learn how to make some cash.
1. Start an Online Business
The Internet has brought about a miraculous change in the world. In fact, the internet is hailed as the great equalizer, especially in the world of business. It has created a level playing field for everyone - whether you have tons of money or completely broke.
Thanks to the internet, you can start your business with little to no initial investment. All you need is a computer and an internet connection. And there are plenty of tools available online that you can use to successfully launch an online business. As a matter of fact, you don’t have to possess some exceptional technical skills to do it.
You can successfully start an online business even without spending a single buck. Thanks to all the free services available online. For instance, you can easily create a website for your business for free using WordPress. Or you can use third-party websites like Amazon or eBay to sell your goods.
You are in complete control of your online business. You will be working from the comfort of your home, there is no one to tell you what to do. You will be making all the business decisions. And the best part, anyone can launch an online business without any prior experience in the business field.
There are so many examples where people are earning hundreds of thousands of dollars from online business. But that is not true for everyone. In order to become successful, you need to have sufficient knowledge about online business. Because without knowledge, you can’t expect to make money at all.
To learn about online business, I highly recommend you join this online business training course. This course is suitable for anyone who wants to start a highly profitable online business.
This 15-day course will teach you everything you need to know about online business. You will be getting everything for only 7 dollars which would’ve cost you thousands of dollars to enroll in other similar training courses.
And the best part is that they provide a 30-day money-back guarantee, no questions asked. If you want to learn more about this course, click here.
2. Flipping Domain
Another popular way to make a lot of money online is by flipping domain. For those who don’t know what “Flipping domain” is, it is simply buying and selling domains for a profit. Domain names are traded in an open marketplace. As a result, anyone can start flipping domains to earn some extra cash.
A domain is a combination of characters to direct people to a certain website. And if you register a certain domain in your name, you will have exclusive access to it. You can use this domain for your business website or you can sell it to others at a higher price to make a profit.
The strategy behind domain flipping is pretty straight-forward. First, you have to buy a domain name. While buying one, try to spend as little as possible. Then all you have to do is to sell the domain to interested customers at a higher price.
The more the difference between the purchase and selling price is, the higher the profit margin will be. But this is just the basic strategy behind domain flipping. Domain names are like online real estate.
If you choose a domain name that has huge potential, you will be able to earn so much money that you won’t have to do anything for the rest of your life. But not everyone has such luck. However, you can easily double your 100-dollar investment by flipping domains. And eventually, you can turn into a full-time job.
But before you do that, you will need to have a good grasp of all the advanced strategies that are related to domain flipping. And if you are determined to turn it into your full-time career, I would advise you to join this training program.
This course contains all the strategies and secret techniques that successful veteran domain flippers use. By completing this course, you will become an expert in domain flipping which will certainly help you to double your investment in a short time.
If not convinced by my words, just take a look at the reviews of those who purchased this course. In these reviews, you will see how this course has completely changed their lives for the better.
Take full advantage of this training and double your investment through flipping domains. Enroll here today. You will thank me later.
3. Matched Betting
Matched betting is another way to double your cash online. This uses clever betting methods and exploits the loopholes of betting laws to make money. You might think that matched betting is illegal. But fear not, it is completely legal in the United Kingdom and in the United States.
Matched betting is one of the best betting strategies that guarantee that you will earn a profit every time you bet on something. This strategy completely relies on the power of mathematical equations rather than leaving the outcome to fate.
The matched betting strategy involves making a profit from the free bet promotions offered by bookmakers. In this strategy, you will be betting for and against a certain outcome. In that sense, this is also called double betting.
First, you will be making a “back bet” at the online bookie. This is known as the qualifying bet. By doing so, you will be awarded the free bet promotion by the bookie. Now use this free bet to bet against yourself at the same odds. Thus, matching your previous bet.
This cancels out the risk of losing money. And whatever the outcome, you will be making a profit.
If you are really interested in matched betting, check out “Profit Accumulator”, the best matched-betting service in the world right now with more than 120,000 concurrent users. They offer a variety of tools and services that can help you with all areas of matched betting.
On top of that, they also provide step-by-step tutorials and in-depth guides about matched betting. And they have the greatest number of offers listed than any of their competitors. Not to mention that their expert customer support team is ready to help you anytime.
You can try out Profit Accumulator for free. But to get the full extent of their services, you will have to pay a monthly fee. However, if you are not satisfied with their service, you can cancel the subscription at any time. On top of that, they also provide a 30-day money-back guarantee.
So, whether you are a beginner in matched betting or want to take your matched betting career to the next level, give “Profit Accumulator” a try. I assure you; you will not regret it.
4. Start a Drop Servicing Business
The concept of drop servicing is pretty straightforward. Here you will work as a middleman. Your job will be to outsource your works to a freelancer at a lower price compared to what the original client paid you to complete the job. After paying the service provider, the rest of the money is your profit.
For drop servicing, you won't have to be very skilled. You will just have to have a good marketing ability and have to find someone who can actually do the work properly.
To get started, first decide what type of service you want to provide. You can drop service almost anything. For example, copywriting, logo design, graphics design, video editing, etc., and many more. The options are truly endless.
Once you have decided what type of service you want to provide, set up a nice-looking website for your business selling the service that your clients want to pay for. For setting up your website, I will recommend you hire a web developer from Fiverr. Fiverr is a platform for freelancers to offer their services to customers.
Before you hire someone, check his or her sample works first to decide they meet your expectations. After setting up your website, promote and advertise the service to potential clients. Now, all that is left to do is to hire some people who will do the client’s work for you.
Remember, as long as the client is paying more than what you are paying to the service provider, you will keep generating revenue.
5. Start Niche Blogging
If you have a good understanding of a certain subject, or you are passionate about something, you’re ready to start making money with writing blogs. To start with niche blogging, you will have to set up your own website.
First, buy a domain name for your blogging site and host your website through a website hosting service provider.
In case you are wondering which hosting service you should choose; I will recommend you to go with “Bluehost”. They are one of the best website hosting providers for blogging sites. Their service is easy to set up and they provide 24/7 free customer support.
For MoneyBO Readers
You can buy a year’s worth of Bluehost’s hosting service for under 100 dollars. Bluehost’s service provides the most bang for the buck compared to its competitors. To set up your website, hire a web developer from Fiverr. Now all you have to do is to start adding fresh content to your blogging site.
Now for writing your blogs, you can hire freelance content writers. In that case, I strongly recommend Fiverr again. You can find some really good content writers here and they can help you to generate a lot of money through your blogging site.
Through your blogging site, articles are not the only way to earn money. You can also earn money from the ads, affiliate links, videos on your website. It is one of the easiest ways to turn 100 dollars into 200 dollars.
A final piece of advice, while hiring some content writer for your site, never compromise with the quality, even if it costs you a bit more.
The methods I’ve explained here can certainly help you to double your 100 dollars to 200 easily. But you do need to be committed for some of these methods to succeed. With some patience, determination, hard work, and a little bit of guidance, you can definitely achieve your goals.
Hopefully, this article “How to turn 100 Dollars into 200?” was able to help you learn all the various ways you can double your money.
Thanks for stopping by. And wishing you the very best in your future endeavors!