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What's the most profitable programming hobby?

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Re: What's the most profitable programming hobby?

#22
post #3

May be writing code to analyze financial markets' data and using the results to make profitable investments.

I don't know. I feel like that was more a thing 10 years ago. Now all the big players have the ability to use algos, read public sentiment via Twitter, etc. Maybe if someone has a novel strategy that can work (patent and sell it is where the real money is), but for the most part the tecnofinancial arms race has gone to the big players leaving us little guys out gunned.

I had a small engagement with someone in this area last year. He essentially provides consulting on ML based trading. One man band, $200-300K annually. Not quite sure who the end clients were thought..

Re: What's the most profitable programming hobby?

#24

This may sound crazy but developing a simple professional website for small businesses. Auto Mechanics, small manufacturers, mom and pop shops, etc. If you could do it for lets say $500-$1000 and charge like $20 for small changes, I feel like you could do well for yourself. A lot of these types of operations don't have the skills nor the resources to create an online presence (at least a decent one). An older guy I k…

The doing side is easy- there's endless options from off shelf templates to some generators. The problem is on the other side: if a business in 2021 still have no website, it's either they don't need it( e.g. a good builder) or they are decades behind with everything, including understanding what's the benefit of having a website.

Re: What's the most profitable programming hobby?

#25

If it is a hoppy then it is not supposed to be profitable.

No, if it's a hobby, it's supposed to be enjoyable. I do enjoy programming. I could enjoy iOS development as much as Android development or server development so why not combine that with making money?

Re: What's the most profitable programming hobby?

#28

This may sound crazy but developing a simple professional website for small businesses. Auto Mechanics, small manufacturers, mom and pop shops, etc. If you could do it for lets say $500-$1000 and charge like $20 for small changes, I feel like you could do well for yourself. A lot of these types of operations don't have the skills nor the resources to create an online presence (at least a decent one). An older guy I k…

The doing side is easy- there's endless options from off shelf templates to some generators. The problem is on the other side: if a business in 2021 still have no website, it's either they don't need it( e.g. a good builder) or they are decades behind with everything, including understanding what's the benefit of having a website.

Not really, it could be just like the person you replied to said that people are asking for too much. Not everyone can make a website for themselves, even if for us it may seem really easy.

Re: What's the most profitable programming hobby?

#29
Make small tools and programs that easily chain together through command line or web APIs. Put those on GitHub or self host and put a little donation link somewhere at the bottom. Anything more complex than free software and donations stops becoming a hobby and starts becoming a business. Code what you want, release whenever, and if you have something worthwhile people will let you know

Re: What's the most profitable programming hobby?

#30
post #3

Earlier quoted context omitted.

I don't know. I feel like that was more a thing 10 years ago. Now all the big players have the ability to use algos, read public sentiment via Twitter, etc. Maybe if someone has a novel strategy that can work (patent and sell it is where the real money is), but for the most part the tecnofinancial arms race has gone to the big players leaving us little guys out gunned.

I had a small engagement with someone in this area last year. He essentially provides consulting on ML based trading. One man band, $200-300K annually. Not quite sure who the end clients were thought..

As a hobby?
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