Tag: earning

PayPal study shows a quarter (25%) of gamers in Ireland earned money through gaming in 2023

Ireland has emerged as a strong contender in the global gaming industry, drawing the attention of enthusiasts and game developers. To dig deeper, PayPal commissioned a study conducted by Censuswide in November 2023 that polled 1,000 consumers who play online games to unveil latest behaviour and trends. PayPal’s gaming insights revealed that a quarter (25%) of gamers surveyed in Ireland started or continued earning money via gaming in 2023, with a further 22 per cent of those who will spend more money on games in 2024 considering it as an additional way to generate income.

Turning play into pay

The most popular ways of making money through gaming for respondents who started/ continued to earn money via gaming in the past 12 months were revealed as taking surveys (38%), ads (26%), and time playing or Mistplay (24%).

Going forward, some 31 per cent of gamers plan to increase their spend on games over the next 12 months – with the expected average spend expected to be €451 for respondents who spend money on online games. Using gaming to generate additional income through streaming was a driving factor for increased budgets among 22 per cent of respondents.

 Gaming can form connections

As an industry, gaming has witnessed remarkable growth in recent years, and has become a leading form of entertainment in Ireland especially those in the age group of 25-34 years of age. Entertainment was the top motivation cited by 53 per cent of respondents followed by stress relief (47%) and escaping reality (37%).

A significant proportion of respondents who will spend more on games in 2024 revealed that gaming is their favourite hobby (37%) and a way for them to make friends (28%) and are some of the reasons why they plan to spend more on gaming in 2024. Over half (56%) of gamers in Ireland say playing games brings them closer to other people.

PayPal infographic

Gaming can also be beneficial for mental wellbeing with 34 per cent of those who will spend more on games in 2024 identifying it as their source of motivation. Twenty-one per cent turned to gaming to alleviate loneliness, while 25 per cent use games to socialise and connect with others. More than a quarter of gamers who will spend more on games in 2024 (28%) have fostered online friendships through gaming, and 27 per cent view it as a means to connect with friends and family.

Speaking about the findings, Jonas Breding, General Manager for PayPal Northern Europe, commented: “Our research highlights that there is a dynamic gaming community in Ireland, where gaming means more than just entertainment. For some, it serves as a tool for relieving stress and making connections. For others, they are transforming their passion for gaming into an income stream. We understand that safety is always a concern and provide gamers a more secure way to pay with PayPal for games and accessories.”

 Cost and safety concerns

The research found that certain factors would stop respondents gaming or spending money on it. More than two thirds (69%) identified high living costs and inflation as a potential deterrent, while concerns about fraud (34%) and the unavailability of payment options (29%) were also noted as being game-changers in this regard. PayPal was the most popular payment method used by 35 per cent of   gamers surveyed in Ireland who spend money on online games.

Safety is a priority for 64 per cent when buying or playing games. Furthermore, 67 per cent per cent are giving more consideration to safety when it comes to choosing a gaming platform and a similar proportion (69%) said safety increases their loyalty towards a game.

This is understandable given that 30 per cent of gamers have encountered safety concerns while gaming during the past year and more than a third (36%) have previously felt unsafe when completing a game purchase.

The most prominent safety concerns respondents have encountered while gaming in the last 12 months were revealed as abuse on gaming platforms (31%), loss of money or gaming funds (29%), bullying (28%), hacked gaming accounts (26%), and falling victim to fraud (22%).

Nearly 7 in 10 (69%) of respondents say that their loyalty towards a game increases when they experience safety. This is also the case for selecting a gaming platform.

How to Use Exciting Online Games to Earn Money for Your Next Investment

Long gone are the days when online games were intended solely for fun. Of course, those who are looking for nothing more than that can play them when they want to be entertained, but these days they offer so much more.

What for instance? Well, in case you didn’t know, with the help of online games, you can earn money as well and in today’s economy, there’s nothing better than that, don’t you agree? Yes, we do know that to some of you, this may be too good to be true, but that’s actually a reality.

There are a variety of different ways you can profit from them and then invest that cash into something lucrative. If you want to uncover these strategies, then we suggest taking a look at the suggestions below!

Spectacular Ways To Earn Great Bucks From Online Games

Have You Heard Of Anonymous Casinos?

We know that a lot of you have heard of conventional casinos, but have you ever heard of anonymous ones? We wouldn’t be surprised if you haven’t since they are relatively new to the gambling industry.

But what’s so great about them? First and foremost, their biggest virtue is the fact that they require no identification info from any player and enable them to wager, deposit, and withdraw real cash.

Just bear in mind that these work with cryptocurrency only and currently, the most popular one is Bitcoin. So if you would love to give them a try (and potentially earn a substantial amount of money), then first make sure to find the list of some of the best anonymous casinos in the world so you can see which one is the best option for the time being. Just like with any other type of casino, it requires some research before selecting the best one. 

Live Streaming Is A Great Idea Too!

If you’re a passionate game lover, then convert your passion into work by becoming a live streamer. Just keep in mind that there are already a plethora of live streamers out there, so you have to make a lot of effort to stand out from the rest and of course, earn some money.

So what can you do then? For starters, ensure to pick a good streaming platform. If you ask us, for these purposes, Twitch is surely the best one, however, YouTube is not a bad option at all. The goal must be to build a large audience because that’s the only way to earn the bucks.

And then pick popular and interesting games that are going to retain existing followers. It’s going to be a bit challenging at first, but perceive this as your job, make an effort, and you’ll get there soon.

So what do you need in order to be a successful video game live streamer? Nothing in particular, besides a good internet connection and a solid computer. And above everything, you need to have a great personality that’s going to amuse everyone who is watching you.

Adding More Profitable Options Below!

Inbox Dollar Is Worth A Shot!

Now, here’s something interesting that you’ve probably never tried before, that should definitely be taken into account. Namely, with Inbox Dollars, you can easily make cash by playing games, and what’s even better is that you do not need to wait forever to get started.

If you’re looking for a game haven, then you’ve come to the right place because Inbox Dollars offers a vast selection of games to choose from. A lot of them are exclusive to the website, however, they’ve also joined forces with GSN games to extend your option. 

So how does everything work out there? For every single dollar you spend, you can earn approximately 18 percent cash back. Just keep in mind that gamers are restricted to earning only ten dollars in the beginning, however, as time goes by, they can earn much more.

According to the statistics, this site has paid out almost sixty million dollars to people through checks, cash rewards, and gift cards. Sounds pretty unbelievable, right? And shockingly, that’s not everything Inbox Dollars has to offer.

Besides playing games, there are numerous other ways you can earn more money on this site. So what else can be done out there? For example, you can watch videos, shop online, and get paid for taking online surveys. So it’s definitely worth checking out!

 

The gaming world is most certainly not the same as it used to be. As you can see, not only is it extremely enticing and entertaining but at the same time, a great source of money for those who know “how to roll”.

Can bitcoin help you in making big money?

Bitcoin is very popular crypto. The creation of digital money is required in this digital world. Bitcoin was introduced in 2009, and its creator is Satoshi Nakamoto. It is electronic money that has a gateway that is wholly based on cryptography. With the passing of time and increasing opportunities for making money, numerous people are trying their best to earn vast amounts of money with Bitcoin at BITICODES. There is no doubt that abundant investment opportunities are waiting for you. The only thing it needs is efforts to recognise them and grab those opportunities, and Bitcoin is also one of them. 

The concept of Bitcoin is straightforward, and you can think of it as a digital currency you can store in a digital wallet. You can send Bitcoin to any person through your wallet, and the transaction takes place instantly. All the transactions of Bitcoin get to be recorded on the blockchain. The whole system of Bitcoin is centralised, which is why more people are interested in capitalising their money in this digital currency. There are many ways in which people are making good money from Bitcoin so let’s talk about them.

Buy and hold

If you are thinking about making money from Bitcoin without doing much, then this is the best strategy you can adopt. We all know that buying and holding Bitcoin is the simplest thing you can do, and it is a beginner-friendly way of earning from this digital currency. All you need is a bitcoin wallet where you can store your coins and hold them up to the extent until you make a profit. It can take weeks or months before you make your decision to sell Bitcoin and make a profit from it. This technique is prevalent because you don’t need to put much effort into this way of earning money from Bitcoin. If you want an easy way to make money without any hassle, you should buy and hold Bitcoin for a long time. The value of Bitcoin keeps on increasing, and it’s very volatile, so we will get plenty of opportunities of making money.

Get cashback on purchases from credit cards.

It is a matter of fact that various payment giants in the whole world are now dipping their toes in the waters of Bitcoin. For example, you can get rewards or cashback when you make credit card purchases from Bitcoin. It will give you a tremendous financial experience, and the best thing is that you don’t have to pay higher transaction fees. It is an easy way of making money, and you can start earning in a bit of time.

Lend Bitcoin

Bitcoin is of decentralised nature, which makes it very simple to conduct transactions without the involvement of authorities in it. The validation of this operation is accomplished on blockchain. You can land your Bitcoin and earn money from the interest rates. You can think of this technique as how you make money when you hold Bitcoin and gain interest in it without moving it from your wallet. You can use many websites to land Bitcoin to other people. You should try lending Bitcoin for making money.

Trading

If the holding is a long-term investment for you, but you want instant returns on the investment, then Bitcoin trading is the best option. The trading of Bitcoin emails that you will be taking advantage of the volatile nature of this digital currency. In this method, you require knowledge and the practice of the Bitcoin market so that you can grab the opportunity and make significant returns from your trading. There are various trading strategies that you can also try out, as they will improve your chances of winning more money in trading. 

However, this method of earning from Bitcoin requires a vast knowledge of the market, so you should not expect to earn instantly from Bitcoin trading. In Bitcoin trading, there are equal probabilities of winning and losing. Therefore, you have to do your homework to learn about the strategies and the market of Bitcoin so that you can make the right decision at the best moment to earn a significant profit.