Make money online: NO

Precious stones flipping can be done remotely, as the transactions primarily take place online. There are no hidden in-person requirements reported. Online discussions on Reddit and Twitter show mixed reviews, with some finding success while others mention challenges with finding reliable suppliers or buyers. Success in this side hustle can depend on your location for shipping logistics, access to quality stones, time zones for communication with clients, and the equipment needed for inspecting and valuing stones. Potential red flags include the need for expertise in gemology to accurately assess the value of stones and the risk of encountering counterfeit or misrepresented products. Setup costs range from $500 to $2000, and it may take around 2 to 6 months to start seeing a profit.