Learn about vanlife, crypto and passive income

Freedom and happiness is what everyone in life is ultimately seeking and with it comes the trend of ‘van life’ – living a life, free to roam and travel on the road. However, how do you earn money? How do you survive? There are many ways to earn money online in an efficient manner whilst living ‘vanlife’, and cryptocurrency is one that is becoming more popular.

Let’s take a look…

Cryptocurrency is the digital currency that is an alternative option to cash or a credit card. It also brings with it many other opportunities to manage your finances be that borrowing or lending or investing without the need for banks and middlemen. Many companies nowadays are accepting payments using cryptocurrencies such as bitcoin, ethereum, and more these days. Over recent years, cryptocurrency opportunities have become a source of passive income for entrepreneurs, digital nomads and those living van life and seeking freedom. With the currencies growing value, the general public are also showing interest in investing.

Looking for an information source where you can gain a good understanding of earning money online and cryptocurrency whilst travelling, living ‘vanlife’ or finding freedom in a remote location? Backpacking or van life is a great place to start. Why? Because it delivers ultimate freedom — no clutter and you cannot rely on high-intensity hardware when living in a campervan, motorhome or out of a suitcase. To earn on the road it is best to have some form of passive income and crypto is one of the best.

However crypto is volatile and the prices change a lot. If you worry about the security in the stability of crypto assets, you need to do is to seek opportunities that mitigate against that risk. And if you are not technical, you will need to find platforms that offer good opportunity even without requiring technical knowledge.

How protected are your crypto whilst living or travelling in a van?

With regards to the security of your cryptocurrency investment, check on one that is supported by the technology and the associated protocols and code or blockchain smart contracts. There is much information on the internet regarding security such as your wallet and how to avoid getting scammed in crypto. When it comes to van life, or that of backpacking, living in a campervan or being a digital nomad you need to take particular care of your laptop or mobile devices and ensure security is always up to date. Do not leave your crypto wallet in your van.

You should also be aware of some things specific to blockchain

1. Transaction confidentiality – Any blockchain transaction will be recorded in history and only some crypto such as Monero is private. A lot of financial history is easy to check even if you are carrying out complicated business transactions forever on the blockchain.

2. Decentralization –The decentralization comprises sender and receiverin the deal and no centralized organization. There is no other such as a third party or middle men. You may hear the term CEX or DEX, these are Centralized Exchanges (CEX) or Decentralized Exchanges (DEX).

3. Robust security – You can never make any changes whenever there is a transaction that is completed in cryptocurrency. There will be a strong and dependable encryption method used all over the cryptocurrency transaction procedure to keep off the hackers and fiddling the data.

4. Good customer service – For exchanges, deal with one that is acknowledged for its consistent 24/7 customer support, which is very valuable for any investors especially those who are new to cryptocurrency investment.

5. Passive income opportunities – there is more to crypto than buying and selling Bitcoin. Masternodes, nodes as a service, yield farming and staking are just some of the ways you can earn income from crypto. This has become very popular during 2021.

There are many things you need to be aware of for crypto especially for van life and travelling or living in a campervan. For example, a hardware wallet is always recommended for security. Where are you going to store this in your camper van or back pack? For a life of freedom on the road, crypto can provide it but you need to feel secure. Check out the van life income website for more insights.