Category: How to Earn Online

Millennials’ Fears to Invest in the Stock Market

One of four millennials doesn’t think investing is a good idea.
Holding on to cash is financial hara-kiri.
The stock market isn’t out-of-reach and with a little amount, you can start investing.

By G. Gligorijevic

Millennials’ fears to invest in the stock market are shown in statistical data. Millennials are skeptical of the stock market at a great percentage. Yes, people! I can understand that. It isn’t easy to understand the stock market and when you don’t understand something, you are getting afraid. Moreover, you have heard a lot of scary stories. But take a look at your peers. Almost 1/4 think that a stock market is a great place to put their money. Are they braver than you?

Investing in the stock market has nothing to do with bravery it is all about common sense.

I know what you want to say: There are a lot of other ways of saving. Yes, that’s true. But is the return so great as with stock investing? Take a look at baby boomers! They stole cryptocurrencies from you, for example, not to mention other assets. Digital money should be yours. While you are hesitating to invest in the stock market, baby boomers and Gen X have an advantage.

Some of you may say: Yes, but they don’t have loans, they have homes, etc.

Sorry guys, but I have to disappoint you. They also have debts, mortgages, loans but don’t think the best way to earn more is to put cash in the savings account.

I’ll show you how wrong you are if you prefer to keep your cash in the savings account and how much you can lose over the years. Actually, I would like to show you how much you can earn if you invest in the stock market. So let’s make some comparisons.

Which are Millennials’ fears to invest?

Do you really think you need a million dollars to retire? You’re going to be very discouraged. That amount isn’t even close to cover the cost of your bag of groceries. Inflation is what will make it tricky.

To put it simpler, your parents needed much less money to cover the cost of their bag of groceries when you were born. The costs increased by about 300% over the past 30 years. Scary! But you can’t destroy the inflation. Inflation is good for some things but it is another subject. Let’s stay stick with this one. Having this on your mind, are you still convinced that one million dollars is enough for your retirement? I am not sure. It is more like you will need more. By keeping your extra money on your savings account you will never earn enough to beat inflation.

Holding on to cash is financial hara-kiri.

If you don’t mind, I want to show you something.

Over the last 90 years, the returns of the S&P 500 was 10%. This is one example but the same is with other stock markets. How much your savings accounts pay you? Let’s say it is a high-saving one so you may have 1,5% per year.

Assume you have $50.000. If you put that amount on the savings account after 30 years you will have, without correcting for inflation, almost $80.000. This means your savings account could generate only $1.000 per year. But what would be your income if you invest your $50.000 in the stock market? After 30 years of investing in a nice portfolio, you could have almost one million dollars.

Can you notice the difference? Millennials’ fears to invest come from lack of knowledge about finances.

Why Millennials are afraid to put their money in the stock market?

Investing has never been easier, but millennials are still afraid to start investing.
You don’t need the fortune to get involved in the stock market. You are investing to make a fortune. Today we have online brokerages and robo-advisors. That makes investing pretty much easier than ever.

Further, data is easy to access. You don’t need to read newspapers to gather the info about some stock. Yes, sometimes it can be fun and may bring a lot of entertainment, who likes it. But you have plenty of other ways out there to find the stock. Data is now easy to access and usually totally free.
You can start at less than $1.000. No one will think you are a loser if you start with less than $1.000 or with just little as $100.

Take profit of this, and take command of your future.

Investing has never been easier

The stock market isn’t out-of-reach and with a little amount of, let’s say $500 you can start investing. That is an optimal amount that may provide you decently returns. Start with this, try your hand. Of course, for the first investment, you can use some robo-advisor.

Ask your bank advisor to create an investment portfolio for you. There is no need to do it yourself alone.

Millennials’ fears to invest are without a real reason. The money is like sand. If you squeeze it in your hand, it will go through your fingers.

Don’t do that. You can play better and become a real wealthy. Grab your chance to win!

7th October 2019
Automated Trading – Improve Your Trade
Here are Traders-Paradise’s suggestions for the automated trading software we examined.

By Treaders-Paradise Team

Do you know how automated or algorithmic, also algo, trading can make the profit to individual investors?

OK, let’s start. We don’t want you to waste your time.

But, honestly, we are doing this to not let you waste your money.

How does it work?

What computer program is going to do?

A computer program will follow the share price. That tracking will also, add moving average indicators. Automated trade means that software will place buy and sell orders.

Don’t you think it is a great help?

The automated trade program will help you to block emotional trading. And as you already know, it is very important. Not to trade under emotions and make errors.

We, here at Traders Paradise, think it is a great opportunity to have algo that will trade in your side. Moreover, it will make a true profit for you.

Finding such an automated trading system is a life dream goal for many traders. The one that places orders and guarantees profit.

And one that demands almost no or little input from the trader.

Automated trading means the trader has to set precise requirements for entries and exits. They will be automatically launched by your computer.

The main thing is that you can set requirements in the range from very simple to extremely complex strategies. That complex strategy will require complete knowledge of programming language special for the platform you would like to use for your trades.

What is an automated trading system?

It is the method of employing computers to support a set of established directions to execute a trade.

Producing a profit is in demand and expected. Moreover, with automated trading, it is guaranteed.

Can you expect from humans the same? Of course not.

The main benefit of using automated trade is that you have to do almost nothing. Your automated system will recognize the potential for profiting even before traders who are humans, of course.

Automated trading is very popular among institutional investors, but past several years it is accepted by retail investors especially for investing in the stock.

Although, automated trading platforms are the most popular for the Forex market.

But as you are reading this, you are ready to use some automated program. Your only concern is to find the best automated trading software.

Traders Paradise has some suggestions for you.

We will try to give you a hunch about some automated trading platforms. And we think these are the best in our opinion.
- ZuluTrade
Image source: ZuluTrade website

ZuluTrade is an honored brand in the field of online trading software providers. It runs an online and mobile social and copy trading platform. ZuluTrade is one of the most popular automated trading platforms that you can find today.

ZuluTrade turns the suggestions of experienced traders and automatically executes the trade in your account. You can test it by clicking the button in our navigation bar TEST YOUR SKILLS FOR FREE!

You can choose the program or traders that are best for you.

ZuluTrade automated trading platforms allow traders to copy the trades of successful traders. Also, you can copy signals or full strategies.

This autotrading platform recommended by Traders Paradise grants you the trust to involve in trading. Especially if you are a beginner with deficient knowledge or skills.
- E*Trade
Image source: E*trade website

Power E*TRADE is an innovative platform.

Thanks to it you can improve trading and invest by uniting trading applications directly into E*TRADE.

Its automated platform is reasonably positive. They give access to streaming market data, free real-time quotes, also the market analysis. The user interface is smooth and simple to operate. For instance, using their dashboard, you can follow accounts, build a watchlist, and execute your trades.

More about E*Trade you can read HERE>>>
- Wallstreet-forex robot
Image source: WallStreet Forex Robot website

If you want a fully automated trading experience, try WallStreet Forex Robot 2.0 Evolution.

You should check the robot’s latest performance on real money accounts.

If you follow all their instructions your success is guaranteed.

The entire system is smooth-running.

You’ll enjoy the latest version of the program.

This high-grade program has a lot to offer advanced and new traders.

The program involves a Broker Spy Module.

This module is created to protect the trader from scams and unethical brokers.

The main advantage is the program works by automatically scanning for new updates and settings.

Moreover, you don’t have to worry about restarting the robot. This is a great feature.

This new program doesn’t allow the scam broker to fool the software using methods such as delayed order executions and spreads.

The software will monitor for broker movements and investments all time and can easily recognize a scammer, 24/7.

The main features of automated trading software

The risk associated with automated trading is high. It can cause large losses.

Automated trading software is created to perform real-time all market data.

It must have a connection to multiple markets.

The software should have feeds of different formats or to go with third-party data vendors and give it in the same format.

Latency must be decreased to the minimum.

In today’s vibrant trading realm, the initial price quote can be modified various times in only one second.

Automated trading offers quick and timely access and full adaptability to your needs.

But before you enter algo trading you must understand and have the full experience of trading software. The best way to do so is to test it on a free demo account.

Don’t waste your money!
7th April 2019
Digital work: A bright future or a fatal fate

3 min read

Most digital workers work from home

Digital work is an idea that has become a crucial subject of debates within the area of the economy of the Internet.

Living in nowadays, you can find just a few jobs that you can do without including the word “digital”.

In the most general sense, it would mean that you are doing something that is in connection with the Internet.

Digital work is not only for those who grew up with the Internet but much older take such jobs. So we are more and more likely to be able to digitally freelance, all collectively.

General unemployment, high unemployment rate, and bad living conditions are the main reasons. Even if you have a job, relatively solid, salaries can not grow up to half of the rate that boosts the cost of living.

The employer can exploit you as he wants because if you refuse to work, there is someone who will. All of this has shifted us to the necessary creative thinking about employment.

We spoke to Janne. She is a freelancer and digital worker.

The thirty-five-year-old woman had the opportunity to choose a classical “steady job” in a family business. She would have conventional working hours, from 9 am to 5 pm. But still, Janne chooses to combine freelancing and regular work for now. As a freelancer, she deals with media and events management.

“The question that I hate is: what are you doing for a living? The answer is complex because it involves the history of my vocations and non-formal education, as well as a mix of regular work with working hours and freelancing. I like to explain to a freelancer as a lancer. In essence, you always have a lance in your hand. And you have a bow and arrow continually and you are looking for your targets, “says Janne.

For her, the regular working time always was synonymous to monotony and killing of freedom. Then she went to the labor market. Actually, she signed up on one of the platforms that provide freelancing jobs.

Most digital workers, however, mostly work from home.

Digital work from home

So far, you probably know people in your area who get up at five in the morning to hold English Japanese and Chinese lessons through Skype.

Or you know some web designers, developers, or just people who fill up some charts or excel to pdf for the clients.

They are working over platforms such as UpWork, Freelancer, People per Hour and others.

All these people are freelancers and digital workers because, for all the work they do, they do not need to do anything offline.

So, what is digital work?

It involves carrying out a series of gigs. All without indications of long-term employment. These gigs may be English lessons for the Chinese, or essay writing to American high school students but also the more complex tasks. That kind of jobs requires that you are actually educated and skilled. These are jobs in the field of IT, writing and translation, sales and marketing, advocacy, financial, consulting, etc.

Since everything is going virtual, over the platform, they somehow take over the role of the employer. They can issue the modes for doing business. Majority of them, act as economically active profit-making entities. Hence, they decide who and under what conditions can be engaged, or stop working, and, ultimately, perform bookkeeping functions. However, the disadvantage is that the platforms do not offer the opportunity to establish a working relationship.
But it is an advantage at the same time.

If you want working freedom it is for you.

The development of online digital work platforms caused one of the main alterations in the world of work in the last decade.
More and more people, especially young, pick to forego conventional jobs and start a freelance business. That provides them more freedom to build a lifestyle they love.

When the majority think of freelancing, they see jobs like writing, web designing, developing, IT programming, editing gigs.
Those fields are full of chances for all people who want to work from home. It can be on a full-time or part-time basis. they’re far from the only occupations that lend themselves to the freelance life. You can do whatever you want but you must be skilled and have a good education and knowledge.

And you have to be digital educated.

Digital work requires education

That’s imperative.

Modern jobs require a certain level of digital competency. More than it was the case five years ago.

For example, marketing. It is now mostly a digital job. You must have digital skills for almost all parts of this work. Or writing. There is the same situation. Moreover, it isn’t enough to know how to write and do it like an expert. There is some other knowledge required in order to be among the best-paid writers. For example, you have to be familiar with WordPress, or you must know SEO writing, and for some of the writing jobs, you must have other digital skills.

What is freelancing?

A freelancer is self-employed. Such expert offers assistance to clients. However, they can give their assistance straight to clients, without third-party included. But the majority of freelancers use some platform as intermediator.

Almost every kind of co-operation or assistance could be given by a freelancer.

How much you can be paid as a freelancer

Freelance pay differs depending on the skills they have to offer.

The knowledge and the business you’re targeting very often will determine your paycheck.

Generally speaking, digital workers can earn from $1 to $100 per hour.

The best paid is website coding, accounting, then virtual assistance, writing, etc.

Advantages of digital work

It is a good way to make extra income.

You can begin immediately. Of course, as soon as you find a client.

You have freedom over work.

Digital work allows you to work from every place over the globe.

Disadvantages of digital work

The new digital workers and freelancers are paid low. The downside is that it requires some time to be paid full-time.

Work can be random.

When you have several clients and projects managing all of them may be pretty tricky if you don’t have excellent organizational skills.

The bottom line

However, with all the defects, you can earn more money through digital work. For the freelancer’s average salary is about $1,000 per month. Among digital workers, the highest salary has the IT sector with an average of $2,000 per month and with full-time engagement.

But the most interesting for our research is that there are gender differences in income. More than 50% of female freelancers earn $500 per month. As a comparison, more than 50% of male freelancers earn $900 per month.

But it is the reflection from the rest of the world. Women are more represented in sectors that are traditionally less paid and pre-defined by prejudice as female jobs.

Don’t waste your money!

risk disclosure

4th April 2019
Start Investing with $100 and Make a Fortune

Start investing with $100 only is possible, here is how to do that.

By Guy Avtalyon

You really don’t believe it’s possible to start investing with $100? I’ll show you how is possible. Are you wondering about making money on the stock market with only investing a 100-200$?

Start investing with $100 may sound tricky, but it isn’t impossible. The fact you don’t have much money to invest shouldn’t stop you.

Yeah, I know!

Starting to invest is challenging anyway, but even more, if you think it is impossible to start investing with $100. When you jump over that difficulty, investing is pretty easy.

Don’t be scared! It is very possible to invest with a bit of money and profit yet.

Honestly, $100 is not some kind of limit. You can invest even less.

Don’t think that investing requires a fortune. If you already have a fortune why should you want to start earning?

How to Start Investing with $100?

This is the place where it becomes a bit complicated.

Discouraged at the first step? Just be patient and continue your reading!

Yes, one of the significant puzzles with investing with a little money is that broker’s fees can be expensive.

For example, if you buy one stock, some brokerage can take off from your account up to $20. So, you would have only $80 to invest.

When you start investing with $100, your first step is to open an investment account. For that, you have to find a good brokerage firm.

Don’t let anyone discourage you. Brokerages are like banks. But there is a difference, the brokers are concentrated on holding investments.

In order to help you more, we will give you a list of the best and most cheapie brokers.

* 1. Zulutrade

* 2. Wallstreet-forex robot

* 3. TradeInvest90

But we rather go to talk about the ways to start investing with just $100.

This is the place where the fun begins.

Where you can get help?

For example, from automated robo-advisors.

Why?

The answer is as simple as that. When you want to start with $100 or less, you wouldn’t like a big broker fee.

Robo-advisors afford online automatic investing assistance.

The computer performs everything. Your obligation is to put your risk tolerance and your aims. That’s all!
The computer will select an investment that is meeting your goals. It will recognize them upon your inputs.

And do you what is the best part of robo-advisors?

There is no account minimum. You can start your investment without fears.

Actually, there are some robo-advisors that will request, for example, $5 balance or you have to pay $1 per month because of your account worth under $5,000.

But you should never take this as a setback.

Investing stocks getting started

Also, you can start investing with $100 and buy one stock of some company that pays the dividend.
What is the formula here?

When you buy a dividend stock, you can re-invest them in more stock. In this way, you will expand your portfolio. Moreover, you will not drain your account. You will earn more and more.

Also, you can buy individual stocks.

With just $100 you might not be able to buy a lot of stocks. But here is the trick! Choose one right stock! That will bring you money in return. For that purpose, you can find some discount broker. A lot of them have research tools, very helpful to find the right individual stock.

Open a savings account

That can be a safe investment. The advantage here is that the savings account is secured at a bank and guaranteed by the FDIC if you are US resident.

If you open a savings account it will provide you interest. So, we can say you started investment.

Not, quite, but still.

That interest is lower than you could earn with real investment but you will have some income. Try to put $100 every month on your savings account, with an interest rate of over 1.50 %, after 40 years, you will see. Compound interest will do its job.
Moreover, it is almost impossible to lose money in the savings account.

Remember, happiness follows fearless people. So, don’t be afraid to start investing with just as little as $100. The main reason to invest is to increase your wealth.

It will not come overnight. Well, maybe it will but it is better not to count on it. Let time work for your benefit and on your side.

Don’t waste your money!

2nd April 2019
Best-Paid Job In 2019!
3 min read

The best-paid job is so close to you, close to the new year, so think about them.

Ways to make money online are numerous. Our goal is to present you as many profitable deals as possible.

We want to help you find the best-paid job for you. And it is your goal too. To find the best-paid job that suits you more than any other.

You may not become rich, but certainly, this way of working will provide you additional and not small income.

But this is one of the best-paid jobs from home.

And know what, those of us who have worked from home for years wouldn’t dream of going back to a corporate office. Ever. At any point!

It won’t always be easy, and you have to work very hard, you will make mistakes and failures along all that path.

But be honest, the internet has opened up so many possibilities to people regardless of age, location, or background to build a sustainable, online business or side project that can make extra money online every single month.

So, let’s start. What can you do from your home and earn decent money?

1. Trade or invest from home is one of best-paid job

Trade from home is a totally online job.

And it can provide you a quite nice income. Or to be one of the best-paid jobs.

Once upon a time, people relied on the services of a stockbroker, who would make buy and sell orders on the customer’s behalf.

Today, individuals are able to execute buy and sell orders themselves in a fraction of a second using computerized trading services.

But, reading online articles doesn’t make you qualified to trade from home.

Reading the classics of investment literature could be helpful. But the best way is to set aside six months to practice trading with real-world data before investing your money.

You can use some demo account and practice.

Before deciding to buy or sell any stock, you should carefully research the company, its leadership, and its competition.

Make intelligent decisions about what you can afford to invest. Consider investing a portion of your money in an electronically traded index fund, which holds many stocks.

To that end, we present our top three stocks to buy for the long-term:

Buying marijuana stocks can be a best-paid job

The trade becomes more fundamental than gambling. There lies the opportunity and it can become one of the best-paid jobs in 2019. The concept is viable. Moreover, the use of pot will increase because of the legalization trend propagates. The millions of more potential users will access it.

It would be wise to take small positions. Don’t just lay the bet on one perfect entry point. Also, there are no guarantees when investing in stocks.

It’s important to consider the size and never bet more than you can afford to lose.

When looking at potential marijuana stocks to buy, it’s important for investors to remember that there are many ways of trading a concept. Also, not one method is perfect.

Here are three marijuana stocks to buy in 2019:
- Canopy Growth (CGC)
The first reason, the Constellation Brands invested $4 billion in it. So, you can be comfortable joining them in their bet on CGC stock.

If you are going to risk money on this market, you would like to do it in the one that has a strong balance sheet.

It sounds like CGC has good plans to open up more markets to follow the legal path expansion. Constellation made a multibillion-dollar bet on Canopy Growth because it thinks cannabis is a “once-a-century disruptive market transition” and that Canopy Growth is the best marijuana supplier in the world.

Constellation believes the total addressable global market could top $230 billion within the next 15 years. So, projects that Canopy could realistically claim up to 40% of the Canadian market and between 5% and 15% of the market in the rest of the world, including the United States.
- KushCo (OTC: KSHB)
KushCo is a dynamic sales platform. It provides unique products and services for both businesses and consumers in the cannabis industry.

It regularly services more than 5,000 legally operated medical and adult-use dispensaries, growers, and producers across North America, South America, and Europe.

An ancillary play, they have the opportunity of supplying both the legal and black market with their packaging products.

We believe KushCo to be the best additional play in the current market. They have a strong management team. Also, solid execution track record, and servicing the market. We really think their stocks are good investments.
- Innovative Industrial Properties
Stocks of REITs can be attractive for marijuana investors in comparison with pure-play marijuana stocks because REITs spread their risk across multiple leaseholders.

Even if one or two fail, it’s not catastrophic to the whole investment. Innovative Industrial Properties currently owns nine properties, all of which are either greenhouses or indoor facilities used for cultivating marijuana.

2. Launch and grow a startup

Launching a startup can be a very exciting experience and best-paid job.

The first mistake is that founders tend to over zeal their efforts to monetize their products and services. Instead to build a strong base from which the startup can turn into a realistic company.

To avoid mistakes make your list of knowledge areas/special skills on the one side and passions on the other. Then try to connect each of them.

Your knowledge and skills should hybridize with your genuine passion. It means that you have a passion for some job to work and, at the same time, you have knowledge or skills which job requires.

The truth is that you need to love what you do and be damn good at it as well.

Startup founders face a lot of factors and barriers that can stay in the way of success.

Testing your business expectations should be done without investing too much time and money. When you found a winning product, double the original bid on it and focus on the winner.

That’s the whole truth and wisdom!

This world is content obsessed. And we are obsessed by trying to find the best-paid job. This one can be that one in the coming year.

3. A virtual assistant is a defenetely best-paid job

A virtual assistant is a contact made over the internet that assists in day-to-day tasks. Yes, like an assistant, only virtual! And this is one of the best-paid jobs.

These assistants don’t just help someone business run smoothly, they help their life run smoothly.

Whether it’s sending a thank you card to a friend or researching potential investors, a virtual assistant can do just about anything.

They take charge of not only the day-to-day business tasks but can even take hold of day-to-day personal tasks so you can keep focused on what’s at hand.

They can send flowers, thank you cards, or even just schedule an Uber or Lyft so you can go from one venture to the next without a single hiccup.

However, it is just about anything.

Setting up your own Virtual Assistant business may seem like hard work, but we have to tell you that it’s actually the easy part. Moreover, we think it can be the best-paid job.

Being a successful VA isn’t simply helping someone with their admin or supporting their business, it’s knowing how to manage and communicate with them.

If you want to be a VA because you think it’ll be an easy life and easy money then you’re in for a shock because the reality is very different. It’s a brilliant life once you’ve nailed it but there can be a steep learning curve at first.

Virtual assistants charge anywhere from $1 to $100 per hour. Sometimes even more.

But the sweet spot is generally between $15 and $30 per hour for executive assistant services and $40-$75 per hour for higher-level marketing or financial tasks. This definitely may be the best-paid job in 2019

Bottom line: We, here in Traders Paradise, found a lot of very interesting and profitable jobs for 2019. More about them you will read soon, in our new ebook. It’s up to you just to pick one of the best-paid.

Risk Disclosure (read carefully!)
27th December 2018
Cryptocurrency mining – how to start
2 min read

Cryptocurrency mining involves two particular functions: adding transactions to the blockchain and also releasing new currency. Mining needs a powerful computer and a usually complex program. That helps miners compete with their peers in solving complicated mathematical problems. Cryptocurrency mining requires a lot of computer resources and power.

Cryptocurrency mining will celebrate its 10th year of existence in 2019. The very concept of mining with high-end computer hardware is starting to become mainstream. Mining is the way a certain kind of blockchain pays for participants to maintain it, its integrity and records, by paying ‘miners’ in the blockchains own coins.

How cryptocurrency mining works

The main point of mining is to fulfill three things:
- Provide bookkeeping services to the coin network. Mining is just about 24/7 computer * accounting called “verifying transactions.”
- Get paid a small reward for your accounting services by receiving fractions of coins every couple of days.
- Keep your personal costs down, including electricity and hardware.
Since Bitcoin is the first cryptocurrency that dictates the destiny of all others, we will use it as an example

Cryptocurrency mining is simply just converting a sha2 hash into an integer and seeing if it is less than some value. Finding that number is difficult.

How do miners find this number? By guessing at random. The hash function makes it impossible to predict what the output will be. Miners guess the mystery number and apply the hash function to the combination of that guessed number and the data in the block. The resulting hash has to start with a pre-established number of zeroes. There’s no way of knowing which number will work because two consecutive integers will give wildly varying results. What’s more, there may be several nonces that produce the desired result. But there may be none and the miners keep trying, but with a different block configuration.

The first miner to get a resulting hash within the desired range announces its victory to the rest of the network. All the other miners immediately stop work on that block and start trying to figure out the mystery number for the next one. As a reward for its work, the victorious miner gets some new bitcoin.

What you will need to mine cryptocurrency

You will need several, well more than several things to mine.

You will need a wallet. This is a password-protected container that stores your earnings and keeps a network-wide ledger of transactions. Also, a free mining software package typically made up of cgminer and stratum. You’ll have to be a member of an online mining pool. It is a community of miners who combine their computers to increase profitability and income stability. You’ll have to be a member of an online mining pool. It is a community of miners who combine their computers to increase profitability and income stability.

Your hardware has to be set up in a cool and air-conditioned space.

And your desktop or custom-built computer has to be designed for mining, separate dedicated computer is ideal. You may use your current computer to start, but you won’t be able to use the computer while the miner is running. It isn’t recommended to use a laptop, gaming console or handheld device to mine because these devices are not effective enough to generate income.

An ATI graphics processing unit (GPU) or a specialized processing device called a mining ASIC chip is the must. The cost will be anywhere from $90 used to $3000 new for each GPU or ASIC chip. The GPU or ASIC will be the workhorse of providing the accounting services and mining work.

And you have to provide cooling the hardware.

Mining generates substantial heat and cooling the hardware could be critical for your success. You can use a house fan to blow air across your computer. But many currencies require specialized, high powered machines that use large amounts of electricity, and create excess heat.

There are ongoing technology changes for optimizing crypto mining results. Why we are pointing this? Because if you want to be cryptocurrency miner, you have to constantly learn. You have to follow new techniques and perhaps, spend hours studying the best ways to adjust and improve your cryptocurrency mining performance every week. We hope you’ll stick around for each new guide and explained.

Is it worth it to mine?

If you want a hobby venture, the answer is yes. Cryptocurrency mining can generate a small income of a dollar or two per day. You can recoup $1000 in hardware costs in about 18-24 months.

On the other hand, cryptocurrency mining is not a reliable way to make basic money. The profit from mining cryptos only becomes significant when someone invests $3000-$5000 in hardware costs. On that way time, you could potentially earn $50 per day or more. Miners have to keep electricity costs to under $0.11 per kWh. Mining with 4 GPU graphic cards can bring you around $8.00 to $10.00 per day or around $250-$300 per month.

Have reasonable expectation

There are two things you have to be informed about:

The investment in 4 ASIC processors or 4 AMD Vega graphic processing units

The market value of cryptocurrencies

There is a small chance your chosen digital currency could jump in value alongside Bitcoin at some moment. And you could find yourself sitting on thousands of dollars in cryptos. The accent here is on “small chance”. This means slightly better than winning the lottery.

If you want to try cryptocurrency mining, you should. But start with a very small income return. You will not collect gold nuggets but you will not lose your money. And do your research to avoid a scam currency.

Risk Disclosure (read carefully!)
27th November 2018
Bitcoin Mining, Is It Profitable At All?

Bitcoin mining is a legit job, but initial investments and cost of mining are very big.

By Guy Avtalyon

Is Bitcoin mining profitable these days? When the price of gold drops, miners are losing. It is the same story in the world of cryptocurrencies.

According to CoinMarketCap data, the prices of Bitcoin have tumbled nearly 30% in the past week and hit a 14-month low of about $3,800. The total market value of cryptocurrencies has slumped to $148bil, which is less than one-fifth of its worth during the market’s peak in January. Hong Kong-based cryptocurrency exchange OKEx forced an early settlement of Bitcoin cash futures contracts on its platform the day before. Widely thought is that it has triggered the sell-off.

Miners position

The price drop has left miners in a weak position. They claim it has become unprofitable for them to run at least four models of bitcoin mining machines. According to the latest estimates of Beijing-based F2Pool, if they spend power at a rate of $0,06 per kWh it is clear that mining becomes unprofitable. F2Pool is one of the world’s biggest bitcoin mining pools.

Cryptocurrency mining has developed from a bedroom activity to mass-scale production. Later, it was undertaken by enterprises that use specialized equipment with application-specific integrated laps. The crypto miners combine their computing power in mining pools to increase their odds of winning new digital currency. They are counting various factors, the total amount of computing power in the network, and costs. Coasts are electricity and rental fees. That determines which coins to mine and where to house their devices. The cryptocurrency dropdowns have forced miners to remove at least four models of bitcoin mining machines. Some of them have become too expensive to operate under present market conditions, estimates F2Pool. These models are Antminer S7 and Antminer S9 from Bitmain Technologies as well as Canaan Creative’s AvalonMiner 741.

Is Bitcoin mining profitable now?

A group of Chinese cryptocurrency miners said they have already shut down 20,000 rigs, or about 10% of the total number of machines they operate. They declined to be named for fear of government reprisal.

But their struggles are an opportunity for others.

One miner bought about 50,000 used mining rigs that were put up for sale in the market over the past few days. He intends to send these used rigs to countries with lower electricity prices. He is thinking about Russia and Venezuela. In this way, he can turn a profit selling them there.

Correlation between mining and Bitcoin price

Mining Bitcoins takes time and resources. Let’s say, it’s not an easy thing to do in the first place. It requires high-powered machinery to make Bitcoin mining profitable. If you lack the resources, you will lose the potential earning and have to pay a huge sum of money for your electric bills.

According to CNBC, in March, the miner’s profits have roughly halved compared to their earnings in December due to the surge of interest. So, we can say Bitcoin mining is no longer profitable today. Over the past days, Bitcoin’s range had tightened up and seemed like another wild move will take place. We are not quite sure in which direction. From one side, the market is eager and deserves a correction back to the $5K+ area. But on the other hand, there is still a lot of panic selling, and Bitcoin looks like has to go lower.

There are several profitability calculators that miners can use to analyze the cost/profit equation of Bitcoin mining. Calculators vary as they have different levels of complexity and variables that can be inputted.

Trading Bitcoin

Bitcoin currently trades essentially at the break-even cost of mining it.

To answer if Bitcoin mining is still profitable you have to figure out if you are willing to invest the necessary initial capital for the hardware. And you have to predict Bitcoin’s value in the future as well as its mining difficulties. When both prices and mining difficulties fall, it usually means less miners, but more Bitcoin to mine. When the opposite happens, more miners are competing for fewer Bitcoins. Bitcoin is a real business, so you may accept mining bitcoin as a legit business. There are people working in this business, also have revenues, profits, earnings, plant, and equipment. It’s almost the same, there is no difference between mining bitcoin or coal. Except, mining bitcoin is all math. And there’s no scam.

25th November 2018
Make Money Online Quickly

Nowadays is very easy to find a job and make money online. Here are some of Traders-Paradise’s suggestions.

By Gorica Gligorijevic

How many articles you can find on the internet about making money online? Thousands? Millions? Enough? But Houston, we have a problem. Too many of them are just sales steps to convince you to sign up for some seminar, webinar, or some other way to become an online millionaire.

They all give online money making a bad name. But it is possible to make money online. There are legitimate ways to make money online. Most of them require a lot of work and sometimes a lot of dedication before seeing a return on your time. But if you really want to make money online, you can do it. You can even earn money with apps if you don’t want to venture all the way to the computer.

At this moment we are talking about how to make money online fast. We want to share current methods that work in 2018 and have potential in 2019.

Without further ado, here’s the list!

Online market trading

The hard-to-break world of investing in stock markets and currencies has been wide open. Today there is no need to fund the yachts of Wolf of Wall Street-style stockbrokers and sharks. You can do it all yourself with the help of online market trading platforms.

We are having spent many hours researching this new opportunity. Actually, we have been experimenting with one of the biggest trading platforms out there. You can read more about our research here.

Searching the web

Are you interested in making money for doing what you already do online? This is one of the easiest ways of making money online without really any effort or change in your behavior. That’s really good!

This method rewards you for searching on Google, Bing, or Yahoo. The only thing you have to do is to install a simple add-on to your browser. When you conduct a search there may be a few sponsored results alongside your normal search. Each result has a cash reward attached. If you are interested in it simply click on it and collect your reward. The best thing is there is no minimum to cash-out. You also have the option to donate it to charity.

Sign up and start earning from your own searches.

No-risk matched betting

This is the quickest way to make a lot of money and without breaking the law. This technique is completely legal, risk-free, tax-free, and anyone can do it.

It works by taking advantage of free bets regularly offered by betting sites through ‘matching’ them at a betting exchange. Matched betting eliminates the risk (you are betting both for and against a certain outcome).

This leaves you being able to squeeze out the free bet, which can be as much as $300! Multiply this by how many betting sites there are and you can quite easily come away with a profit of a few hundred pounds. If you know of any better way to make $50 per hour sitting at home, let us know, please!

Online surveys and make money online

There are all kinds of websites that will pay you for various things, such as shopping, taking surveys, or testing products. These websites won’t make you a millionaire, but they are great for making money online.

This is the most popular way for students to make money is to fill out online surveys. And you can do it in your spare time. Research companies are always recruiting new members to answer surveys and test new products.

For a few minutes of form filling, you can make an amount that is paid as cash or rewards. You can bag up to $5 for some surveys!

Start an affiliate website

Are you interested in generating passive income? If yes, you need a website. It’s the way to make money while you sleep.
Starting a website with Bluehost takes less than 20 minutes, costs hardly anything, and can be done by an 82-year-old. You must be included on social media to get your first visitors. There are plenty of ways to monetize your site.

There are 4 parts to creating a website: domain name, hosting, content management, and design.

WordPress Bluehost WordPress is a free Content Management System (CMS) that allows anyone to make, design, write, and manage their own website.

Aside from publishing high-quality content, the most important thing is to get traffic to your website. How do you get visitors to your website?

Post on Twitter using hashtags, share links on Facebook groups, join Pinterest groups.

Review websites & apps for cash to make money online

If you’re pretty skillful with a web browser, so maybe it’s time to turn pro and browse websites as a paid and fun job!

Find a platform that pays everyday people to review all kinds of websites. Each review takes around 20 minutes and bags you $10 usually.

Simply sign up, complete a test review, and look forward to receiving websites in your inbox. This is a pretty good way to make money online and an easy one.

‘Get Paid To’ sites

Similar to making money from online surveys, GPT sites reward you in cash and vouchers for completing various offers or activities online.

Fortunately in the “gig economy,” there are plenty of ways you can earn a little extra cash for your time. Whether it’s market research surveys or focus groups or donating your plasma, there are a lot of places that will pay.

It’s possible to get paid hard cash just for searching the web. It just involves downloading an add-on that sits on your internet browser. You then search online as you normally would on Google, Amazon, eBay, Yahoo, Bing, and Tesco.

It is good for folks with the patience to click ads for a few bucks.

The most popular sites today are Toluna, Swagbucks, and InboxPounds.

Affiliate Marketing to make money online

Becoming a part of an affiliate network is an excellent strategy for bloggers looking to up their current income or even just to begin actually making money from their blog. This is one of the most popular ways people make money online. It is a strategy where partners with a business in order to make a commission by referring readers or visitors to a business’s particular product or service. But that is a simple context. To be really successful at making money with affiliate marketing there is a little more to it. If you’ve got a good presence on social media or perhaps you even have a blog or website, you can start making money online immediately by promoting all sorts of companies, products, services, and offers online. Sign up as a publisher, browse the merchant listings to find something you think your friends would be interested in, grab your affiliate link, and share it. If someone buys using your link you’ll make a nice commission.

To take it a step further, set up a website or a topical Facebook page, and invite all your friends to join it and post your affiliate offers on there.

Publish a Kindle eBook

If you are good at anything, it’s researching and writing. Right? With the Amazon Kindle store, anyone can publish an eBook and make money.

And the Kindle app is now available on almost any device: laptops, iPads, smartphones, and yes, Kindles! Well, your global market looks pretty huge!

List your book for $2 – $5 and you earn 70% of the sale, that is a fantastic deal. Amazon is the ultimate selling machine. Remember people are looking to spend and you are looking to make money online.

Freelance work

Maybe you enjoy writing, managing Facebook pages, or doing a little bit of graphic design in your spare time. There are so many freelance jobs out there that require simple skills or just time that someone else might not have.

The best thing about freelancing is that you can work for clients around the world with just an internet connection from home. Or from some other place.

A great place to start is with the leading freelance site Upwork.com.

Wondering how to make money online in 2018 and 2019? Perhaps you’ve already tried, but haven’t had any success. We’ve tried to include every legitimate online earning method. And what we found is that some methods can make you a millionaire.

But others are only good for a pocket change. In many cases, the income potential is virtually impossible to give. So don’t take these potentials too seriously. They only serve as a general guideline.

Remember, your online income takes time to grow. You need to be willing to devote the time and energy required to get your idea off the ground. And you need something very solid to stick with it even if your journey is slow when you first start out. But it is worth it.

5th November 2018
Bitcoin is Digital – How To Use It?

2 min read

Bitcoin is both: currency and commodity

What bitcoin is maybe the best describes this. Bitcoin cannot be held or kept in a pocket or wallet like currency.

Bitcoin is a digital currency (also called crypto-currency) that is not backed by any country’s central bank or government. You can trade Bitcoin for goods or services with vendors who accept it as payment.

What is bitcoin else? Bitcoin is a worldwide payment system and decentralized virtual currency. It offers quick, cheap, and highly private payments for everyone.

Do you see? Bitcoin is both of this. How?

As Bitcoin is separated into two components, it might cause some confusion.

Bitcoin – with a capital letter is a decentralized P2P network which helps to facilitate transactions between people without a middleman. The Bitcoin protocol is openly published. Developers can review the code as well as easily adapt an open source software and modify it to their own needs.

bitcoin – with a lowercase ‘b’ is the coin which exists on the Bitcoin network. It can be perceived as a currency for the internet. In the same way as dollar or euro are currencies for the United States and Europe. Bitcoin-the-coin is the first cryptocurrency.

Also known as virtual or digital currency and BTC is an abbreviation of it.

What is Bitcoin?

In 2009, Bitcoin was developed and launched as an open-source protocol. It was based on a whitepaper written by Satoshi Nakamoto. He described the bitcoin as a digital currency. That is to say, backed up by the idea of an electronic payment system. But such that should be secure, verifiable and independent of any central authority. The first Bitcoin transaction was for two pizzas costing 10,000 BTC (a cool $190,000,000 at the high point of 2017).

Since the Bitcoin release, it has experienced highs and lows. However, it stayed as the preeminent cryptocurrency in the world.

Unlike regular fiat currency, there is no central Bitcoin bank to print and regulate the flow of currency. Bitcoin is held by users linked together by a central ledger. The ledger is a core Bitcoin feature known as the blockchain. The blockchain records every single transaction made using Bitcoin. It validates transactions and ensures the integrity of the network.

What is bitcoin in comparison with fiat currencies?

It’s like an online version of cash. You can use it to buy products and services. But not many shops accept Bitcoin yet. And some countries have banned it altogether.

The physical Bitcoins you see in photos are a ornaments. They would be worthless without the private codes printed inside them.

Fiat currencies are a physical medium of exchange with an unlimited supply. It is issued and controlled by a government. Bitcoin, on the other hand, has a set maximum supply of 21M coins. And as on first place, it is not controlled by any government or entity. Both crypto and fiat currencies coexist alongside each other. And have their advantages and disadvantages.

Bitcoin is digital

Bitcoin has some resemblances to fiat money: value changes according to market variables. As Bitcoin is digital people can use them to buy things or pay for services. Also, people already use it in their daily lives as any other fiat currency, but this is where similarities end.

Bitcoin has several attributes that set it aside from traditional currencies as a pan-global means of exchange. Central banks or monetary authorities do not control the number of Bitcoins.

It is decentralized making it global. Anyone with a computer can set up a Bitcoin address to receive or transfer Bitcoins in seconds.

Bitcoin is anonymous.

The cryptocurrency allows users to maintain multiple addresses and setting up an address requires no personal information.

DLT technology makes Bitcoin completely transparent. It stores complete details by an address of every transaction that ever occurs. Transfers of Bitcoin are immediate and when you make it once, they are final. At the same time, there are some fees. And international and domestic transfers are not subject to foreign currency exchange rates and fees for the transfer. There are no borders when it comes to Bitcoin.

Bitcoin is a fixed asset.

However, Bitcoin is divisible so the growth potential for the exchange medium is unlimited. Certainly, one of the most interesting inventions that came alongside Bitcoin is blockchain or distributed ledger technology (DLT). DLT has amazing potential when it comes to traditional operations. And also as settlement results for businesses in the financial as well as other industries.

What bitcoin is maybe the best describes this. Bitcoin cannot be held or kept in a pocket or wallet like currency.

So, what is bitcoin if you can’t touch it?

It is purely a computer-based means of exchange. Bitcoin has morphed from a fledgling digital currency into an asset or commodity. In fact, Bitcoin somewhat straddles the median. Its use of a currency is limited, it is too volatile to be considered a solid asset. But it is traded similarly to regular stocks and shares.

Can we, on the question what is bitcoin, say it is currency?

There is a great deal of debate about whether Bitcoin is a currency. We called The Merriam-Webster Dictionary for help and found that this dictionary defines currency as:

Circulation as a medium of exchange
General use, acceptance, or prevalence
The quality or state of being present
Something (like coins, treasury notes, and banknotes) that is in circulation as a medium of exchange
Paper money in circulation
A comment article used for barter
A medium of verbal or intellectual expression

The official definition of currency may leave you more confused about whether what is bitcoin. Is it a currency or something else? It certainly meets some of the characteristics in the definition, but not all.

In September 2015, the Commodity Futures Trading Commission (CFTC) in the United States officially designated Bitcoin as a commodity.

Can we, on the question what is bitcoin, say it is a commodity?

Bitcoin is one of those assets that does not quite fit well into any definition. In addition, and a historical understanding of what is a currency and what is a commodity.

While throughout history, many commodities and even some manufactured products have served as currency. The best examples are gold and silver. Central banks and monetary authorities around the world continue to hold vast gold reserves. Moreover, they are categorizing their holdings as “foreign exchange reserves.” Hence, both gold and silver are off in the same class as Bitcoin.

As you can see, the classification what bitcoin is as a commodity is both dubious and understandable, at the same time. It is not easy to categorize Bitcoin. Because it is so new and different from other assets available to the market participants.

What is bitcoin in the future?

Bitcoin is a child of the technological revolution.

As the first global currency that people can use all over the world as a method of exchange without involving governments. This cryptocurrency will continue to attract interest and resistance.

For people in countries where currency flows are subject to stringent government control, bitcoin offers a method to transfer fortune to parts of the world where restrictions are less difficult.

Bitcoin appears here to stay, at least for the time being.

Risk Disclosure (read carefully!)

26th October 2018
BITCOIN MINING EXPLAINED: HOW IT WORKS, HOW MUCH ENERGY IT USES AND WHAT NEEDS TO BE FIXED

The cryptocurrency has staged a meteoric rise in 2017 that has attracted new investors, but, for many, question marks still surround bitcoin and the technology behind it. With recent reports pointing to the high energy cost associated with mining, the process used to create bitcoin, is there any way to fix it? Here are all your questions answered.

WHAT IS BITCOIN MINING?

Just as gold miners produce the world’s supply of gold, so do bitcoin miners produce all the digital currency available to the market – but, naturally, it is a bit more complicated than that. Mining is the process of adding transaction records to Bitcoin’s public ledger, or the blockchain.

HOW DOES MINING PHYSICALLY WORK?

First of all, the blockchain is, simply, a chain of blocks. Miners use special software to solve mathematical problems that both confirm legitimate transactions or blocks and create new bitcoins, adding new transactions to the blockchain about every 10 minutes. The hash rate is the number of calculations a piece of hardware can make every second as it works to solve that math problem, and the higher the hash rate, the more likely a miner is to solve a transaction and thus be rewarded with a set amount of bitcoin.

WHY IS IT SO DIFFICULT?

The difficulty of mining bitcoin is part of its design. The ideal average mining time is 10 minutes per block, and if that falls, the process becomes more difficult with the aim of keeping the block creation rate stable. There are a total of 21m bitcoins that can be mined, at which point the miners will close shop unless bitcoin’s protocol – the rules that secure the system – is changed to allow for a larger supply.

IS IT PROFITABLE?

Mining can be profitable, as miners are rewarded with a fixed amount of coins and transaction fees for their hard work, but the computers and hardware necessary for powering through blocks can eat up a lot of electricity and end up running huge costs.

HOW MUCH ENERGY IS USED AND WHAT IS THE COST?

The massive computer network behind bitcoin uses quite a bit of energy – as much as Serbia, to be exact.

A recent report by Accounts & Legal said the aggregate computing power of the bitcoin network is nearly 100,000 times larger than the world’s 500 fastest supercomputers combined, and miners are constantly installing upgrades to make their computers faster.

Digiconomist has created a bitcoin energy consumption index in order to understand how much electricity is consumed by the cryptocurrency. As of 5 December, bitcoin’s estimated annual electricity consumption was 31.96 terawatt-hours (TWh), or 0.14 percent of the world’s total electricity consumption. That’s about the same as Serbia and more than Morocco, Oman, and the Slovak Republic. Annualized estimated global mining costs were $1.6bn (£1.2bn), while annualized global mining revenues were $10.2bn. The index says 250-kilowatt hours (KWh) of electricity are consumed per transaction.

WHAT’S THE NEXT BIG CHALLENGE FOR BITCOIN?

Greenspan said working out how to scale the network is next on the agenda. “Energy consumption is only a small part of that. If bitcoin is to replace cash, in the long run, it will need to be fitted to process more than 100,000 transactions per second. At the moment it can do about 10. Many proposals are on the table but as the currency is decentralized it’s difficult to get everybody to agree on one,” he said.

Read more HERE

This article was originally posted on markemlickprivateequity.com/

22nd October 2018