Forums and discussion boards are a great source of information and knowledge about a lot of things, but did you know that you can also make money by being active there?
Yes, it is possible and that opportunity is brought to you by the myLot website, where it pays you to be active and popular in their forums and discussion boards.
The earnings you get here will vary greatly depending on how active you are and how much other people are interacting with your post. But from what I’ve seen, it’s possible to earn about $15 to $ 20 a month on this site.
But is this really a legitimate opportunity that pays or is it just another scam?
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MyLot is a Legit Money Making Opportunity that Pays
MyLot is one big discussion board or forum that provides you access to a community of people where you can interact with and ask questions, give an answer, and have discussions about any topic.
The beauty of this website is that the company rewards you if you are an active and popular member. You earn money whenever you post something and people react to it.
So far, myLot has delivered on its promise of paying people if they post something that members have interacted with.
They will pay you money every time someone reacts to the things that you post on the forum or discussion board.
The company also pays out the money to the members via PayPal once it reaches the minimum cash out requirement.
As for earning $15 to $20 a month, it will really depend on how popular you are. As we continue further with this review, you will understand what I mean.
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Who Uses the myLot Website?
The myLot website is designed for people who are looking for information, has questions to ask or have knowledge that they want to share. It is also made for people looking to make some money online.
If you are one of these people described, then the myLot website is made for you. The website provides you with an opportunity to gather information, interact with like-minded people, and also make some money.
It is basically a forum or discussion board where you can interact with myLot’s community t
o gather information about any topic you want to know about or share your knowledge about a topic.
You can start a discussion, post topics, make a comment, and so on. The beauty of this forum is that it rewards you if you are popular on the website.
The company will pay you every time other members interact with whatever you post or do on myLot. If you post something and people respond to it, you get paid.
If you comment and people replied or liked your comment you get paid. Once you have enough money, the website will send your earnings to you via PayPal.
It is easy and free to sign up to myLot. You just need to go to their website, click sign in, and provide the needed information to be registered.
How Do You Earn with myLot?
The myLot website provides you with an opportunity to earn money by being active and popular in their discussion boards. The company pays you in cash for every response you get from their community.
It’s important that you are an active member of myLot, as this is how you will be earning on the website. You will need to post a topic for discussion, comment on other members’ posts and much more.
A lot of times, people tend to be observers in forums and discussion boards, so myLot will reward their members if they are active and participating in the discussion, as well as, interact with other members.
However, it is also important to remember that being active is not enough. The company won’t pay just to post, start discussions, or comment on other posts.
This is just one part of how you earn on myLot. The other part is that other members are also interacting with you and responding to what you post.
What this means is that, when you post something, the other members are also reacting and participating in the discussion.
For example, you started a topic on how to make money online. If no one posted or replied to the topic you posted, you won’t get paid.
But if other members replied to your topic, you will get paid. This also applies if you commented on a topic or a post. If no one replied to your post or even reacted to it, you won’t get paid.
But if there are people who are replying to your comment, or at least reacting, myLot will pay you. The company didn’t mention how much you will get paid, but they did say in their FAQs page it will depend on the community.
The more people interact with your post or comment, the more money you will make out of it. Research shows that myLot will pay you 1 to 2 cents for the reactions.
It is not stated if this is for every reaction, but from my understanding of it, you will get paid every time a member interacts with your post or comment.
So it is possible that one post will allow you to earn a lot of money, especially if it becomes a popular topic. If there are 100 members who interacted with it, then you can earn $1 to $2.
Aside from being active and popular, myLot also has Offers that can help you earn more money. Offers provide a variety of tasks that you will need to complete in order to get paid. The money you can get will depend on the kind of task you need to complete.
Now, myLot used to have a referral program, which was removed. But their FAQs page mentions that they’re thinking of bringing it back in the future after they have perfected the new earnings algorithm.
There is a minimum amount required before you are able to withdraw, as myLot requires that your earnings reach at least $5 before you can get it.
The beauty here is that there’s no need for you to make a request, as myLot will pay the money to your PayPal account automatically once it reaches the minimum requirement.
Payments are made on or before the 15th of every month. So if your earnings reached $5 before the end of the month, your money will be given on the following month. The company pays via PayPal only.
Becoming a member is easy, you just need to go to the myLot website and click sign up, then provide your full name, email address, a username and a password.
Once done, you just need to verify your email and you are ready to go.
What is Good about myLot
Now that we have learned more about myLot and what it does, it is time to discuss what is good about this opportunity.
- The first thing that I find good about myLot is that you really don’t need to do anything special to earn money. You just need to be an active member and participate in the discussions or start a discussion yourself. It is important, though, that other members interact with the comments or topics that you post in order to make money.
- I also like that myLot has another opportunity to make money on the website. They have several offers that you can complete to earn more money. This will make it easier to reach the minimum cash out requirement to get your money.
- It’s also good that myLot has a low cash out requirement, as you will only need to reach $5 to get your money. This could possibly be reached faster, especially if you are good at coming up with popular topics for discussion.
- It is easy and free to join, so you won’t have to worry about shelling out any money for registration fees or monthly membership fees.
What is Bad about myLot
Of course, there are also things that I didn’t like about myLot, which I’ll discuss here.
- I didn’t like that myLot has yet to bring back their referral program. A lot of the old members were able to make decent money here because of the referral program. But since it has yet to be reinstated, you will need to rely on just being active and on the offers available.
- Since the referral program has yet to be brought back, the income potential of myLot is very low. You only have the offers and being active and popular on the discussion boards as your source of income. These two opportunities alone won’t really provide a high-income opportunity on myLot.
Is myLot to be Recommended?
From what I’ve gathered, myLot is something that I won’t recommend for now, especially if your goal is to make money online.
As it stands, you will likely only make $15 to $20 a month with this opportunity. That amount will actually still be dependent on how popular your posts are.
If you’re unable to capture the attention of the other members, you’re likely to earn even less with myLot.
I say for now because the referral program of the company is what old members relied on to get a decent income.
Once myLot brings it back, and you’re good at getting people to sign up, then this opportunity could possibly be profitable for you. For now, it’s best you look elsewhere if you want to make decent money.