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Crypto As Income

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If you want to get rich don't don't depend on one source of income and it's a great idea to have cryptocurrency as your second source of income. As a student I will say cryptocurrency is my first source of income I have been making cool mom for investing in it.

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That’s how it works.  There are people who believe in crypto and those who do not understand how it works.  Or people who know how it works.  Maybe there are a lot of people who make a lot of money.  But these people are people who have something to do with crypto like creator or exchanger.  All these people need people like us who give them real money and we get money which is useless. So you are talking about getting payment in cryptocurrency?  Why would I take such a risk when I don't know if the price of the currency will go up or down?

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On 1/21/2021 at 3:15 PM, joemcgwa said:

Gambling will never become the channel of income, because there is the place were people are refreshing their mind after work and using gambling as part of game. 

Gambling may sound like a stupid thing to be counted as a source of income, but i have seem people who run their lives by gambling years after years.

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Unfortunately, there are no cryptocurrency services in my country, they are banned by us, and I do not know why they are doing this.
So we cannot pay through these currencies for anything that exists on the ground.
The most we can do is buy games or some software and templates online.

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Many companies are also starting to accept cryptocurrency and making a conversion from crypto to fiat and vice versa. It is just the beginning of mass adoption. 

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Everyone knows in their own heart that the future is for trading, investing, selling and buying in cryptocurrencies Being decentralized and it is the most important characteristic of it It is available to everyone. Just learn and increase your investment in it.

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Yes you are right. We are very lucky by having this amazing forum. Crypto talk help us to generate some extra funds besides of our regular income. This forum also providing us information and knowledge about cryptocurrency which will be a good fortune for us in long run.

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Yes exactly it is best forum where we can earn well amount of extra money by just posting and creating topics. It is also best source of knowledge about cryptocurrency. Here we can increase our knowledge to a high level about investing and trading in cryptocurrency.

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Yes cryptotalk is the greatest plateform for increasing our knowledge and money. With the help of this forum we can get more benefits and experience. With the help of crypto we can learn more and gain more earning.

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On 04/12/2019 at 2:09 AM, MoCrypto said:

The World of Crypto is new and exciting to those that educate themselves on the many ways to interact with the technology.  Among many aspects of crypto, is its financial components and ability to be a viable currency for many transactions.  I'm interested in a world where those that choose so, can receive crypto as a form of payment for goods and services rendered.  I find it fascinating to ponder on the merits of receiving your paycheck in BTC, ETH, or whatever crypto you choose.  This would go along way to aid in the areas of mass awareness and adoption.  I myself would be willing to receive future payments for different services that I provide in an effort to do my part in making this technology mainstream.  Here is a article that I read recently that dives a bit deeper into the concept of receiving crypto paychecks.  I hope you enjoy it as much as I did!  Happy Reading!

 

https://bigthink.com/technology-innovation/crypto-salary

Crypto currency is really a great source of income if you invest sensibly and manage your time and funds well. It's really to read your write up and I'm really impressed. Thanks for sharing this.

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Yes this crypto is one of my income, as a student i want to be a independent person and i want to have part time job like this work from home, just to do is work hard, so this crypto is one of my opportunities.

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On 12/4/2019 at 8:27 AM, Muphin said:

As a student, having part-time job outside house is complicated, I do not hold my own time so it is hard to get own income. But then, Bitcoin occured and solved this problem. People could get income from this and also hold your own time. 

I agree with you, many people do not have time to work part time because of the limited time they have, like I work every day for 13 hours and do not have the opportunity to work part time in other fields. But when I met cryptocurrency, I had the opportunity to work on making money in the crypto world and keep working day after day. I think a part time job in crypto helps my economy a lot.

  • +1 1

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I am very happy to be on this wonderful forum.  We can make money and knowledge while at home.  I was struggling to find a job as a student.  Now I can work part time whenever I want.  Digital currency provides us with a good income.  We can make big money through trading in digital currencies and investing in the right ways.  Older members should be consulted to avoid losing our money.

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Personally I would also be willing to play and contribute my own qouter to making cryptocurrecy mainstream, but the issue is how many people fully believe and are convinced that cryptocurrecy has a future, because even some people that trade with cryptocurrecy still don't like to buy and exchange goods by crypto.

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This is a good site and platform for making crypto income from which you can easily earn cryptocurrency and gain a lot of experience. Thanks

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Crypto is a really good way to earn money but at first we may have some problems and we may lose but we should take that loss as a lesson in our life.If you can invest in good quality and get a good experience about cryptocurrency from here.  You can earn a good amount.

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Yes it is not impossible because if you are a hard worker so you can easily avail this choice because cryptocurrency is one of the best worldwide currency program which is used in all over the world and there are also several people attached to this side from all over the world and unmarked and more profitable and from this site because there are many people who are deprived of their education and work due to covid-19 so if you work hard on this site so you can easily at all this strategy that Crypto will be used as your income and this is very beneficial and valuable for you.

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Crypto currencies can be used as a tool for making an income and that is because of its volatility. This is a very volatile market that moves at incredible speed. It is way easy to make money trading crypto and likewise same for losing money.

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Cryptocurrencies as income are a fundamental part of all the growth that we are having at a technological level, it is important to know that we have an incredible potential with respect to the Digital era we are living, we have to know that many people do not have the information that we have and that it is our duty to inform people the potential so that they can also take advantage of the Cryptocurrencies and any financial market. 

 

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Yes crypto currency is gaining importance some companies has started to show confidence in crypto currency. I'm hoping in future crypto currency will gain more importance. 

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For now i am collecting the money only for some life needings but i will collect enough amount of money in the future to start investing so in this way i can make some balance in my life and make my dreams.

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with future regulations i think will be hard to keep earning like this in the future, because the bitcoin price will be more stable so earning will be lower. so keep trading and buy them until we can make some secure good profits

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Yes, there are people who make a living with crypto currency. It is critical that we work and strive to find the right tool and service so that, in the end, the income is determined, and that is when people get in and that is what we must pursue.

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People are already adopt cryptos for payments. as a salary but sad to say that there are some countries banning cryptocurrencies, many opportunities to earn money with cryptos, they should not ban it...

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The world is changing and the old financial system or work is completely correct! The world of today belongs to intelligence and creation, and the cryptography makert offers effective solutions to make money without having to move. Thats how it works. There is the side of people eho trust in crypto and the other side which dont understand how it works. 

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    • Forex and Cryptocurrency Forecast for 13 – 17 May 2024 EUR/USD: Medium-Term Outlook Favours the Dollar   Throughout the past week, EUR/USD exhibited mixed dynamics, primarily driven by expectations concerning potential interest rate cuts by the US Federal Reserve (Fed) and the European Central Bank (ECB). Statements by officials from both central banks, as well as economic macro-statistics, either heightened or lowered these expectations.    The EUR/USD bullish rally commenced on 16 April from the 1.0600 mark, reaching a peak of 1.0811 on 3 May, after which growth stalled, starting the past week at 1.0762. On Monday, 6 May, statistics from the Eurozone provided some support to the common European currency. In April, the Services Purchasing Managers' Index (PMI) rose from 52.9 to 53.3, exceeding the forecast of 52.9. The Composite PMI, which includes the manufacturing sector and services, increased from 51.4 to 51.7. 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Regarding the forecast for the near term, as of the evening of 10 May, it is maximally neutral: 50% expect dollar strengthening, and 50% expect its weakening. Trend indicators on D1 are equally divided: half are on the side of the reds, and half are on the side of the greens. Among oscillators, only 10% voted for the reds, another 10% remained neutral, and 80% voted for the greens (although a quarter of them are already signalling overbought conditions). The nearest support for the pair is located in the 1.0710-1.0725 zone, followed by 1.0650, 1.0600-1.0620, 1.0560, 1.0495-1.0515, 1.0450, 1.0375, 1.0255, 1.0130, and 1.0000. Resistance zones are in the regions of 1.0795-1.0810, 1.0865, 1.0895-1.0925, 1.0965-1.0980, 1.1015, 1.1050, and 1.1100-1.1140.   In the coming week, on Tuesday, 14 May, consumer inflation data (CPI) in Germany and the Producer Price Index (PPI) in the US will be released. Also scheduled for this day is a speech by Fed Chair Jerome Powell. The next day, Wednesday, 15 May, important indicators such as Consumer Price Index (CPI) and retail sales volumes in the United States will be published. On Thursday, 16 May, the traditional number of initial jobless claims in the US will be announced. And at the very end of the working week, on Friday, 17 May, we will learn the Eurozone CPI as a whole, which may influence the ECB's decision regarding the euro interest rate.   GBP/USD: Pound Remains Under Pressure but Holds On   At its meeting on Thursday, 9 May, the Bank of England’s (BoE) Monetary Policy Committee maintained the interest rate at 5.25%, the highest in 16 years. Economists polled by Reuters mostly expected borrowing costs to remain unchanged, with a committee vote ratio of 8 to 1. However, the vote was 7 to 2. During discussions, two committee members supported a rate cut to 5.0%, which market participants interpreted as a step towards the beginning of a policy easing cycle.   At the post-meeting press conference, BoE Governor Andrew Bailey expressed optimism, stating that the UK economy is moving in the right direction. Bailey also noted that “a rate cut next month is quite possible,” but he intends to wait for data on inflation, activity, and the labour market before making a decision. Chief Economist Huw Pill, although he joined the majority in voting to keep the rate unchanged, also expressed growing confidence that the time for a reduction is approaching. He added that “focusing only on the next Bank of England meeting [20 June] is somewhat unreasonable” and that “medium-term inflation forecasts do not necessarily signal rate movements at the next or subsequent meetings.”   Overall, the movement of the GBP/USD pair last week resembled that of the EUR/USD pair. The chart shows a distinct surge on Thursday, 9 May, triggered by data indicating a cooling US labour market. The pound was also supported by optimistic GDP data for the UK for Q1 2024 and manufacturing sector data for March. GDP (quarter-on-quarter) rose by +0.6% after a decline of -0.3% in the previous quarter (forecast +0.4%). Additionally, the GDP grew by +0.2% year-on-year, recovering from a fall of -0.2%.   As with the euro, the pound is under pressure from the prospect of earlier monetary policy easing by the BoE compared to the Fed. However, the British currency ended the past week above the key 1.2500 level, at 1.2523. Moreover, 65% of analysts expect the pair not only to hold above this horizon but also to continue its growth. The remaining 35% voted for the pair's movement south. As for technical analysis, trend indicators on D1 are split 50-50. Among oscillators, only 10% recommend selling, 40% took a neutral position, and 50% recommend buying (10% of them signal overbought conditions). If the pair rises, it will encounter resistance at levels 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, and 1.2885-1.2900. In case of a fall, it will face support levels and zones at 1.2490-1.2500, 1.2450, 1.2400-1.2410, 1.2300-1.2330, 1.2185-1.2210, and 1.2070-1.2110, 1.2035. The upcoming week's calendar highlights Tuesday, 14 May, when data from the UK labour market will be released. Also of interest is the Inflation Report hearing scheduled for Wednesday, 15 May.   USD/JPY: $50 Billion Interventions Wasted?   It seems that until the Bank of Japan (BoJ) takes confident and clear steps to tighten its monetary policy, nothing will help the yen. At its meeting on 26 April, the board members of this regulator unanimously decided to leave the key rate and QE program parameters unchanged. Expectedly tough comments on the outlook were also absent. This inaction increased pressure on the national currency, sending the USD/JPY pair to new heights. It continued its cosmic saga, reaching a new 34-year high of 160.22. Following this, Japan's financial authorities finally decided on a double currency intervention. Although there was no official confirmation, experts estimate its total volume at $50 billion.   Did it help? Judging by the USD/JPY chart, not really. The pair headed north again last week. Unlike the euro and the British pound, the yen barely reacted even to weak US labour market data on Thursday, 9 May, only slowing its decline.                    All this occurs amid endless statements from the Japanese Central Bank and Ministry of Finance about their readiness to take necessary measures to reduce speculative pressure on the national currency. The published minutes of the BoJ meeting show that most board members took a "hawkish" stance, calling for a rate hike.   However, many analysts believe that the Bank of Japan will take only one such step in the second half of the year. The last chord of the past five days sounded at 155.75. Economists at Singapore’s United Overseas Bank Limited (UOB) expect the USD/JPY pair to trade in the 154.00-157.20 range in the next 1-3 weeks. UOB also believes that the chances of it falling to 151.55 have significantly diminished. Overall, most experts (70%) simply shrug their shoulders in uncertainty. The remaining 30% persistently expect the yen to strengthen. As for technical analysis, 100% of trend indicators on D1 look north. Among oscillators, 50% are such, 15% point south, and 35% point east. Regarding support/resistance levels, traders should note that with such volatility, the slippage can reach many tens of points. The nearest support level is around 155.25, followed by 154.70, 153.90, 153.10, 151.85-152.25, 151.00, 150.00, after which come 146.50-146.90, 143.30-143.75, and 140.25-141.00. Resistance levels are 156.25, 157.00, 157.80-158.00, 158.60, 159.40, and 160.00-160.25.   Events of the upcoming week include the release on Thursday, 16 May, of preliminary GDP data for Japan for Q1 2024. No other significant publications regarding the Japanese economy are expected in the coming week.   CRYPTOCURRENCIES: A Week of Reflection and Uncertainty     What will happen to bitcoin in the foreseeable future? It seems there is no clear answer to this question. Experts and influencers often point in opposite directions: some shoot for the stars, while others keep their eyes on the ground.   For instance, according to the founder of Pomp Investments, Anthony Pompliano, bitcoin is "stronger than ever." He concluded this based on the 200-day moving average (200 DMA) reaching its ATH (All-Time High) of $57,000. Michael Saylor, CEO of MicroStrategy, is also optimistic. In his latest message, he urged investors to "run with the bulls." (It should be noted here that MicroStrategy holds 205,000 BTC on its balance sheet, so Saylor's bullish calls are quite understandable. He simply has to do this for his company to profit rather than incur losses).   However, analysts note that bitcoin's fate depends not only on the rosy calls of the MicroStrategy CEO. And if buyer support weakens, BTC could break through the key support level of $61,000, falling to the $56,000 zone, where significant liquidity is concentrated. MN Trading founder Michael Van De Poppe does not rule out another correction to around $55,000. However, the specialist quickly reassures investors, stating that this is quite acceptable as long as bitcoin holds above $60,000. Anthony Pompliano believes that the price will not fall below $50,000, and another expert, Alan Santana, does not rule out a drop to $30,000.   Trader and analyst Rekt Capital believes that the first cryptocurrency has exited the post-halving "danger zone" and entered the initial phase of re-accumulation. According to this expert, in 2016, BTC demonstrated a long red candle after the halving, falling by 17%. This time, the pattern repeated, with the difference between the post-halving maximum and minimum being 16%. The price reached a local bottom at around $56,566 but then rose to $65,508, on which Rekt Capital concluded that it re-entered the "re-accumulation range." However, there is one "but" - after this, we again observed a drop to $60,175. Overall, it seems that BTC/USD is in a descending channel, which increases investor concern.   In general, the forecasts are quite diverse. Information on the activity of various categories of traders and investors also varies. Analyst and CMCC Crest co-founder Willy Woo noted the activity of so-called crypto dolphins and sharks. "There has never been such a rapid purchase of coins by wealthy holders as in the last two months when the price fluctuated between $60,000-70,000. We are talking about those who hold from 100 BTC to 1000 BTC or approximately $6.5-65 million," he explained. On the other hand, according to CryptoQuant analysts, whales holding from 1000 to 10000 BTC, unlike dolphins and sharks, have behaved quite passively. Michael Van De Poppe, for his part, notes the absence of retail investors.   All this suggests that we may not see new all-time highs for BTC in the coming months. We wrote about this in the previous review, citing, among other things, the opinion of such a Wall Street legend as Factor LLC head Peter Brandt. With a 25% probability, he assumed that bitcoin had already formed another ATH within the current cycle. As for long-term forecasts, nothing has changed here - most of them predict a powerful bull rally for bitcoin. Anthony Pompliano writes about this. Willy Woo expects bitcoin to continue increasing its penetration into various spheres of everyday life, meaning the number of users will grow. "By 2035, we expect bitcoin's fair value to reach $1 million. This forecast is based on the user growth curve. And I'm talking about fair value, not a peak during a bull market frenzy," the analyst notes.   The author of the bestseller "Rich Dad Poor Dad," entrepreneur Robert Kiyosaki, once again included bitcoin in the TOP-3 ways to save and increase capital. "Bad news: the [currency market] crash has already begun. It will be severe. Good news: a crash is the best time to get rich," he wrote, offering several recommendations on how to act in a crisis. Let's note two of them. The first reads: "Find an additional source of income. Artificial Intelligence will destroy millions of jobs. Start a small business and become an entrepreneur, not an employee afraid of losing a job." "Don't hoard fake money (US dollar, euro, yen, peso) that is losing value. Hoard gold, silver, and bitcoin - real money whose value increases, especially in a market crash," is Kiyosaki's second recommendation.   Regarding bitcoin's growth, Kiyosaki is absolutely right; it's even pointless to argue. According to a study by Colin Wu, better known as WuBlockchain, over the past decade, the price of the leading cryptocurrency has grown by an astonishing 12,464%, outpacing giants like Amazon, Apple, Google, Meta, Tesla, and Netflix. BTC was second only to Nvidia (+17,797%). But the fact that bitcoin took second place, being a representative of a relatively new and volatile market, is a real achievement. BTC's impressive growth trajectory over the past decade demonstrates its resilience and potential as an essential component in investors' portfolios.   At the time of writing this review, on the evening of Friday, 10 May, the BTC/USD pair is trading at $60,470. The total market capitalization of the crypto market is $2.24 trillion ($2.33 trillion a week ago). The Crypto Fear & Greed Index has risen from the Neutral zone (48 points a week ago) to the Greed zone, now standing at 66 points. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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