Posts in category: Earning Tips

In this article, we will explore more ways to earn money online in 2018.

Now this is where it gets tricky. Only do these ones below if you have a capital in hand and only if you can afford losing them.

First and foremost, do not put a large amount on these ones right away. This is a learning process and a very long one at that.

Some of the suggestions has a demo account available, so use them first until you get a hang of it. Also watch YouTube videos or better buy books that explains reading patterns and signals.

These ones below are all risky. But if you do your homework before placing your money on them, and if you go in with a plan, and you know you will be able to stick on it, then you can go right ahead.

Here are more ways to earn money online in 2018.

1. Forex Trading

First is you need to know what is Forex. To put simply Forex is currency trading. You need to trade currency based on the direction you think the currency is heading. For instance if you think the USD value will go up then you Buy and if you think it’s value is going down you Sell.

In this one, you will need to sign up to a trusted broker. I did a lot of research before I finally made up which broker to signup to. My suggestion on this is to sign up at XM.com broker website.

They offer a $30 dollar bonus on sign up right now and has a 50% bonus based on your deposit amount.

My suggestion is to signup for a demo account first and install their platform. Then you can focus on learning how to read signals and applying what you learned in the demo account.

To give you some ideas, you will need to learn how to use candlesticks, learn what are pips, learn the candlestick signals, learn the indicators and learn support and resistance.

As for managing your money, you need to learn leverage, learn margin, learn stop loss, learn take profit and learn stop out.

After you learn all this, apply it in the demo account. Once you get a hang of it, sign up for a live traders account, verify your account, get your bonus and deposit a very small amount at first.

The reason why I put this as #1 is because once you master reading the signals and indicators, this suddenly becomes easy as you will be able to find high probability trades easily. You should only do high probability trades based on 3 or 4 signals converging together known as Confluence.

This method is only available at weekdays because the market is closed on Saturdays and Sundays. But you can do this anytime you are available on weekdays.

2. Online Stock Broker

This method is mainly available for the US Residents at the moment.

I am still hoping that my top choices will allow international traders soon.

Similar to the Forex, in Online Stock Broker, you need to buy a stock which value you think will go up in the future. And sell if you think its value will go down. You can also re-buy it later ones the value has gone down and if you think it will go up again.

There are two common Online Stock Broker.

The first one is Full Service Broker, this broker provides you with professional people to give you advice in which stock you should buy. And because of this, it would cost you more to signup with them.

The next one is the Discount Broker, this broker does not give you professional investment advice and basically just takes your order and place it to their system.

The best Online Stock Broker websites offer both at the same time, or something close to the Full Service. But I would suggest that you always go for the Full Service Broker, as in order to be successful in this method, you need to know a lot about the company stock you wanted to buy a stock from.

This means reading book size reports, knowing the people running the company, looking at their history and so on. This is where the professionals from the Full Service Online Stock Broker will come in to help.

They would do all the work needed, all the calls, all the readings and you just need to wait for their professional advice of which stock to go for.

3. Binary Options

I put this one as last because between these 3 methods mentioned here, your earning in this one is capped at maximum 92% return from what I observed.

As for the Forex or Online Stock Broker, the return of investment is based on how high or low the currency or stock price will go. So you could easily double or triple your investment in one long or short trade. 

In Binary Options, you also trade options based on which direction the value of the options you think will go. This is basically just like Forex. But the main differences are in Binary Options there is a fixed trade expiry time. You lose exactly the amount you trade and there are no spreads.

If you understand reading the Forex signals and indicators, you can apply it in the Binary Options platform as the graphs are basically the same. You will just notice that you can choose a expiry time and the position goes exactly where you clicked the trade.

After the time expires, you will either receive your profit if you guessed correctly. Or lose the exact amount that you trade if you are wrong.

Conclusion

My overall choice is Forex Trading with a trusted broker, this is because I like the high return amount and I am able to limit what I lose by using a stop loss.

I also find learning about the patterns, signals and indicator fun and exciting. There is this overpowering joy inside of me whenever I do a high probability trade and the outcome I predicted is right.

Find out how to earn money online in 2018 with no risk by reading this article.

If you’ve been wondering what are the best ways you can earn money online. Then this article would give you a couple of helpful ideas on how to do it.

I have been working online for many years now. Working from home has so many perks indeed. One of them in particular is having a lot of your free time just browsing around the internet for any topics that might interest you.

In my case, I have always been fascinated in learning more ways I can maximize my income while working at home.

Even though I am a full-time Web Developer already. I am still looking for more ways to earn money online. Reason behind is I want to earn as much as possible so my loved ones will be financially secured in the event that something unfortunate happens to me.

The good news is, there are actually so many ways available now for you to earn money online. In this particular blog post. I will tell you everything that will surely result in reasonable and steady supply of income.

Like I said, reasonable and steady supply of income so I am not including online jobs that lets you earn cents while working a full hour.

Here are the best ways you can earn money online in 2018.

1. Working as Freelancer

I myself is an Upwork freelancer. I’m not one of the pioneers but you could say that I am one of the oldest members. Dating way back when it was still called oDesk. I got thousands of hours logged now working as a full-time web developer for the past 9 years.

You don’t need to be a developer to work on Upwork. There are tons of categories for you to choose from depending on what you can do.

The easiest one for instance is being a Virtual Assistant. If you are handy in Microsoft Office applications then you will find many clients that will need your assistance.

Another is if you got a very good command of the English language and a stable internet connection. You can apply as a Customer tech support. You don’t even need to learn the technical details beforehand as they will train you and give you ready made replies.

If you are good at writing articles, you can also apply as a writer for blog websites. They will likely give you a topic and a minimum word count.

If you are very good in using Photoshop or Sketch you could also apply as a Graphic Designer.

All in all, whatever talent you have. You will most certainly find someone who needs your services in Upwork.

More about this later. I am going to write another article for tips on how to become successful at Upwork.

2. Creating Your Own Website

For many people, it looks impossible to create their own website. But I can say that in 2018, this is not the case anymore.

There are so many services now like Wix.com and Squarespace.com which lets you create websites easily. Just a few forms to fill, some taps or drags here and there and voila, you got yourself a website.

I am not saying that it will be a walk in the park easy. I am saying that it will be a watch a few guide videos easy.

Many also thinks that running their own website is expensive but this is also not true anymore.

For instance, this website only cost me $14 to get up and running plus $8 for the SSL Certificate which is only optional. You don’t have to purchase SSL Certificate if you don’t want it. It also just costs me $3 per month to maintain.

After you get your site up and running. You will want to monetize it. Start signing up for Google AdSense and affiliate programs so you can start monetizing your website.

Another way though is if you have a product or service to sell. You can now easily install eCommerce plugins or themes. Then sell your product or service to your visitors.

3. YouTube & Twitch

Honestly I want to make this number 1 as this looks like the easiest one for people to get into. Super accessible for anybody. You just need a camera, a couple of extra batteries and patience to video what you love doing.

Not only that, looking at the statistics, YouTube has now surpassed the Google Search in terms of the number of searches.

This means more people are using YouTube and searching for answers to their questions in there. So we can all agree that this market is very huge and booming.

If you find yourself passionate about something, whether it’s in sports, e-sports, video games, playing guitar, singing, dancing, repairing car, you’re into house DIYs, riding motorcycle, riding cars, unboxing or reviewing toys and so on.

Chances are there are millions of people out there who would love to watch you do what you do best.

Just be prepared to learn editing videos or better get yourself a video editor so you can focus on your stuff. And hey, you just gave someone else a job as well.

4. Social Media

There is actually a good chance for you to earn a lot if you are able to fully utilize the Social Media.

One particular way of doing so is having a product or service and building a community who are interested in this product or service.

For instance you can create a Facebook group, and in this particular group you can sell your products or service to your members.

My wife, for instance, have some friends who utilize the Facebook group feature to sell clothing to its members. The customer just needs to message the seller directly through the messenger and the seller will send the product over through mail.

As soon as the customer received the product, he/she will comment confirming a successful transaction.

Once you start getting people in the group. Be prepared to get some help as sooner or later your group will blow up. It’s really surprising how people easily follow groups they find interesting nowadays.

More Ways to Earn Online

The ways I mentioned above are actually profitable based on your ability, product, service or having something you are very passionate about. For most of us, these methods would be enough.

However I actually learned of other ways you can earn money online but these next ones will require you to have a capital. But not just any kind of capital, a capital that you can afford to lose.

However, if you learned to master it and if you are willing dedicate dozens or hundreds of hours learning the craft. These other ways will surely result to your another source of steady income.

I will write it in another post as I want to make sure I write a warning on top of it and explained it clearly.

Read about more ways you can earn money online in 2018 in this article.