I learned the term beermoney on reddit.
It is a bit of money you make on the side usually not enough to pay for all your living expenses but as the name may suggest to pay your beer.
It is fun and stressful at the same time if you make a living with things which are for the most people usually a side income as it is very hard or impossible to scale.
If we have a look around Steem for example I think it is save to say that for only a small number of users it is even possible to live of their efforts here. If the prices change it is a different story.
And this if is what I am betting on. If you can make beermoney on Steem now chances are you can make champagnemoney when prices increase. While I am down a lot in fiat and satoshi with my investment in Steem, it is one of the the few coins I actually use. I up and downvote, I send monsters to battle other monsters and I try to make at least one post a day.
While Steem might change how we use it in the future this is my current reality and every Steem I earn brings my average a bit down.
To add a bit more to my beermoney I am arbitraging one coin the last few weeks. Sometimes it pays a bit more sometimes less, depends on the volume. But this also adds up and is almost risk free and I could stack some ETH with it.
The next year will be very interesting especially for ETH holders. If staking goes live this will also be another revenue stream. The numbers I have read so far are 15-4% apr and it will depend how many people are staking. As I plan to hold my ETH for a long time I dont mind if it is only 4% as 4% are still much better than 0%.
With lending you could potentially make more but you are locked down while with staking you get rewards and hold your private keys which is soo much better imo.
ADA might also start staking in 2020, there is TEZOS already paying around 7% and so many more.
Returns in crypto are nice but only as long as the price is stable as the majority cant live on crypto yet without great inconvenience and so we still have to go into fiat if we want to spend some of that ROI.
But the potential downside has of course also the upside potential that the chosen asset is rising in price.
