361
7 min 49 sec

Bitcoin YouTuber Earns Thousands in Affiliate Commissions

A Dutch cryptocurrency enthusiastic takes to YouTube to explain it to his countrymen, earning commissions from tools and resources he endorses.
Affiliate Blog International Niche Ideas YouTube

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What It's About

Altcoins lead to an alt-income stream for a man in the Netherlands!

Business Model
Affiliate
Skills Required
Cryptocurrency Knowledge & Communication
Complexity
Medium
Profit Potential
Medium

Words of Wisdom

Alex’s advice to anyone wanting to start a similar side hustle is to start a free YouTube channel on one niche topic you love to talk about. Don’t deviate and instead go to depth on this one topic, and provide as much entertaining information as you can.

Fun Fact

In addition to being a cryptocurrency guru, Alex is also known for being the founder of the Netherland's equivalent to 411, the information telephone service. In the Netherlands, you can pay up to 1 euro per minute, and some users even pay for every minute after the call is transferred. Alex changed the business model and made the 411 service (called 1812 in this country) free! He makes his money selling advertising space, and it is more than enough to live on.

Notes from Chris

Episode 361

If you’ve watched or otherwise consumed any form of media recently, it’s been hard to avoid the conversation about cryptocurrencies. Despite all the hype and chatter, it can be a confusing topic. How do these currencies work? What are people actually investing their money into? And if I drop my Bitcoins behind the couch, will I find them later while cleaning and realize I’m rich?

Anyway, here’s a super short primer: Bitcoin is a digital currency with no physical form used to make payments without fees and a level of anonymity. These highly secure payments are made and recorded using a technology called blockchain.

For people who don’t like the current economic model, this gives them a lot of hope and creates a cause they can believe in. Which brings us squarely to today’s side hustler, Alexander van Dijl, cryptocurrency enthusiast, Youtuber, and owner of the Netherland’s based website Bitcoin Update.

Over the past few years, Alex has developed an interest in Bitcoin and cryptocurrencies, dabbling in investing and mining, and he felt an internal pull to spend more time and effort on it. He decided he would produce and broadcast daily video updates, information and case studies for the Dutch Bitcoin community. It would be simple to arrange around his day job, where he operates an information service and could be a fun way to connect with people with similar interests.

Since starting his Youtube channel in September of 2017, Alex has been able to grow his side hustle income to over $1,000 per month on average. But sometimes he makes that in one week with a big affiliate sale, and he projects his business will be worth around $15,000 per month this time next year. Oh, and he’s not getting paid in digital currency—he gets paid in money that goes straight to his bank account.


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Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

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Resources

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Quote of the Day
"Every sale is a celebration! Even though I now drive between 10 and 100 sales every day, I still celebrate each one. The first one is always the best. It shows that people are interested and that the new side hustle works."
—Alexander van Dijl #SideHustleSchool

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To infinity and beyond,

Chris Guillebeau