Not only are red worms good when it comes to vermicomposting, they can also be used for so many other things.
And not only will they make as good compost worms, they can also be used as live worm food for life forms such as fish, and a few birds, and amphibians.
Other than that, these worms can be used a means to make money out of, as they can also be sold (along with their nutrient-rich castings) to commercial breeders, dealers, and fishermen.
Red wiggler worms, also known by their scientific name of Eisenia foetida, are the most favored kind when it comes to composting.
So if you were to choose between red compost worms or nightcrawlers, then you should definitely get the former.
Earthworms in this type are surface dwellers (epigeic earthworms) and are very adaptable to its surroundings (won't mind being confined in a highly populated space, even amongst a hundred more worms), unlike nightcrawlers that prefer to burrow under the soil and prefer to be in roomy environments.
These red composting worms (also known as Red Wiggler Earthworms, Tiger Worms, Trout Worms, productive Manure Worms, and Compost Worms) will feed off of your decomposing organic wastes, and will really put these into good use.
Not only will they be able to get a highly nutritional meal, they will also be able to make high-quality castings afterwards.
They will be transforming your kitchen scraps and yard wastes into a natural fertilizer.
So instead of buying chemical-based products (may it be for fertilizer or pest control options) for your garden, then you should at least try coming up with this very inexpensive way of producing this organically (using nothing but red wiggler earthworms).
And as previously mentioned, red wigglers can also be used as live worm feed.
They can be a very tasty and a very nutritious food for several kinds of fish (such as trout and panfish), birds (such as robins), and amphibians (such as turtles).
Worms that are to be used in this manner can be bought in bait shops or from worm farm stores online.
Red wiggler earthworms that are used as fish bait can withstand being submerged underwater and temperatures that range from 38 to 95 degrees Fahrenheit.
But instead of purchasing fish bait, you can always opt into raising and breeding your own.
In this way, you're giving yourself a chance to make good use of the resources that you have at home (you can feed your compost worms with the kitchen and garden scraps that you've accumulated at home instead of throwing them to the trash bin).
Red worms are also productive breeders.
So while they do the composting for you, they will also provide you with more worms in the bin.
In that way, you are given the opportunity to collect more worms that you can breed continuously, and sell later on.