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Crypto As Income

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It's true, crypto start to became income for many people. I've friends quite their job for trading crypto. I still don't have enough knowledge and capital for trading crypto. I am trying to improve my knowledge about crypto inside this forum and i hope i can create nice amount of income with using crypto.

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Now everyone is watching it happen in trading. You can make money sitting at home when you say. There was a time when people thought you were joking. Crypto is really changing the lives of those who are improving the system of the poor and countries and talking about income.

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There are some people that are making a living out of cryptocurrency and to be specific, out of cryptocurrency trading. I know people, my friends actually, who are trading cryptocurrencies and now they are millionaires. I really look up to them and hope that someday I'll also reach their league.

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Yes crypto is an income because a lot of us get their earnings from crypto and open another business with it so therefore crypto will stand as income that will be supporting the other business 

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Crypto as income is paid out as salary and then traded on the cryptocurrency market. Good enough to double the salary we receive, but the crypto paid for the famous definite salary, Bitcoin or ETH if other cryptocurrencies I don't think I would accept. Just like the CryptoTalk campaign, we are given a salary per post with a positive reaction and will get 1000 satoshis, the current bitcoin price is quite expensive so 1000 satoshis is quite valuable.

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We all know that crypto is the world best platform in the modern world. It is a great source of earn money.As an income source crypto is perfect i think. Any people work this site and make money easily.Now a days many people specially students work this site as a part time job and try to reduce their financial crisis. On the other hand we can earn a huge amounts of money by crypto trading and investing. 

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Yes you are right. Cryptocurrency is the best way for income. I also use cryptocurrency it is my sources of income.  I only use this as a part time job. But from this I have earn more money than full time job. I like this forum and cryptocurrency.

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Working in cryptocurrency field is good source of income for many peoples of the world. Different peoples work in this field they earn a good amount of money. I suggest to beginners who inter in this field learn it properly and invest their money because there is a lot of risk involved when you invest your money

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Yes my dear friend

This platform completely change the life of many people and also many students... Many of the people share his knowledge on this platform and many of the people take advantage from this... And also you take good payment of par post... It's a best platform here you earn and learned many things...

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The use of cryptocurrency is increasing in the crypto world and crypto is being used for almost all purposes now.  In the future, employees will be paid through cryptocurrencies and its use in all transactions will increase.  As time goes on in crypto technology, many innovations will come and the means of income with crypto will increase.

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Crypto is the good market for the income and in this market so many peoples will make good money almost those peoples which are jobless and we can see that when the crypto market is legal in all over the world that time the jobless peoples will start work in this market.


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On 12/4/2019 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

Hello friend, I really appreciate you taking your time to share your experience with the forum, the concept of crypto currency earning fascinates alot of us. Considering the current Global pandemic most of us would have been hopeless staying idle at home, however earning in crypto currency through this platform has helped alot of us.

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The crypto is the best way of earning money and success . We get the gain that helps us in our lives. We also multiply our knowledge of the English language. In addition we get the benefit of encryption information. 

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I think that crypto is a great source of income. We can work in the crypto world as the additional income. Most of the people are working in the crypto world as a part time job and they are earning a huge amount of money. I think we can earn more from the crypto trade. So we should gain more knowledge so that we can earn more money. 

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Well crypto as a source of income is a very good opportunity for the person who are doing nothing and wasting there time in there houses. So i am going to suggest this forum for you all to join and earn handsome amount of money. Thank you 

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Agree with you! We consider it as a job many member use it as a part time job.it is the easy way to earn money buy sharing knowledge and experience.it is the best source of income.

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2 hours ago, Hareem said:

It can never happen. No organisation including government or non government sectors can set cryptocurrency as income. It is because of their fluctuating nature. Only stable currencies are needed for such purposes. 

This also tells us that the cryptocurrency is decentralized , and in fact, it is almost impossible to track all the movement, it is very difficult! I'm also curious that many states want to introduce a tax, but how will they track what you do? After all, maybe you are not engaged in cryptocurrency, this is a whole mystery that is not entirely clear!

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Yes crypto is a new business and in this business we make good money and it can change our life and those peoples whose don,t have a job they can join the crypto business and make money in it simple. Crypto is a business and we can use it as an income because now this time so many peoples will do this.

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On 12/4/2019 at 4:09 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

Yes, I can make the cryptocurrency as a daily, weekly, monthly or even annual income because you can hire yourself in it, for example you have to make money from cryptocurrencies and put some of it in the trading market and every period you can sell it into cash and withdraw it. 

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As of now, digital currency is one of the pay sources among the numerous Internet destinations on the planet since it is gradually getting well known and it is additionally conceivable to bring in cash through a Future Manic and its future too Brilliant RS Demand is expanding step by step and that is the reason I feel that as a Potential and can be an awesome route for money.

Thanks......

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Yes you are right and this is good for us to come in crypto world and. And make this part time or full time job  earn smart income by small and smart work. And this is forum play an important part in crypto world. 

Yes you are right and this is good for us to come in crypto world and. And make this part time or full time job  earn smart income by small and smart work. And this is forum play an important part in crypto world. 

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Crypto talk platform as been a source of income to members is this platform and I hope it still continues on this platform I was able to learn how to make investment online and also trading and now i am making a lot of earning through investments on coins 

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Yeah crypto ia a very good source of income. You can easily earn lot of money from crypto currency. You can easily trade and investment in crypto for get lot of profit. So i think crypto is very good for earning.

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On 12/4/2019 at 2:35 AM, Gusion said:

Yes, many companies started seeing the capability of the crypto and there are some companies that already starts paying with crypto. So I think crypto will be the future so I will keep on investing to it.

Yes mate, I will advise you keep investing in bitcoins as it will one day over take all other currency's in the whole world. Now that advance countries in the world has started paying it staffs with bitcoins, that is a clear indication that bitcoins is really growing. So have confidence in bitcoins

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Cryptocurrencies work with the people. They are completely dependent upon their demand in market. That's how they differ from local currencies. They are not backed by any franchise that's why there payments are free from national restrictions.

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Year-on-year, the CPI decreased from 2.3% to 2.0%, reaching the Bank of England's (BoE) target for the first time since October 2021. The core index (Core CPI), which excludes volatile components such as food and energy prices, also showed a significant decrease from 3.9% to 3.5% year-on-year.   According to the report from the Office for National Statistics (ONS), presenting the final data on 28 June for Q1 2024, the UK economy grew by 0.7%, higher than the previous value and forecast of 0.6%. Year-on-year, real growth was 0.3%, exceeding the previous value and expectation of 0.2%. This was the best dynamic since Q4 2021.   If the UK parliamentary elections on 04 July and the inflation report on 17 July do not bring significant surprises, the markets predict that the BoE will start lowering rates at its nearest meeting on 01 August. According to ING bank strategists, "we still forecast that the Bank of England will start lowering rates in August and will begin to signal this in its speeches as soon as the general elections on 04 July are over". In their opinion, the likelihood of rate cuts by the Bank of England is much higher than those by the Fed, which will put pressure on the pound sterling. TDS company analysts, on the other hand, give the following forecast: "We believe a rate cut of 15 b.p. is expected in August, and about 50 b.p. in total for 2024". In several other market participant forecasts, it is also mentioned that by November, the reduction could be around 30 b.p.   GBP/USD ended the past five-day period exactly where it started – at 1.2644. The analyst forecast ahead of the parliamentary elections is unequivocal – 100% side with the dollar and expect the British currency to weaken. Regarding technical analysis on D1, there is also a clear advantage on the dollar's side. Trend indicators are in favour of the dollar at 65% to 35% red to green. Oscillators are 100% pointing south, with 20% signalling the pair is oversold. In case of further decline, the pair's levels and support zones are 1.2610-1.2620, 1.2540, 1.2445-1.2465, 1.2405, 1.2300-1.2330. In case of the pair's growth, it will meet resistance at levels 1.2675, 1.2700, 1.2740-1.2760, 1.2800-1.2820, 1.2860-1.2895, 1.2965-1.2995, 1.3040, and 1.3130-1.3140.   As for the events of the upcoming week, all investor attention is focused on the elections on 04 July. The next important event, as mentioned, will be the publication of the fresh inflation report in the United Kingdom on 17 July.   USD/JPY: Another Peak Conquered   Last week, 75% of analysts expecting new currency interventions voted for the USD/JPY pair's retreat south, while the remaining 25% pointed north. The minority, as is often the case with the Japanese currency, turned out to be right: no interventions occurred, and the pair reached another peak – 161.28.   Frankly, there's nothing to comment on here – everything has been discussed dozens and hundreds of times. The problem of the yen's weakening lies in the ultra-loose monetary policy of the Bank of Japan (BoJ). And as long as it does not decisively turn towards tightening, the national currency will continue to lose its positions. Of course, for a while, the Ministry of Finance and the Central Bank can support its exchange rate with currency interventions. But spending billions and billions on something that disappears like ripples on water after a few days – is there any point in that? Can this be called monetary policy?   If inflation falls in major competing countries, in Japan, it rises. According to data published on Friday, 28 June, the Consumer Price Index (CPI) in Tokyo for the year ending in June rose to 2.3% compared to 2.2% for the previous period. The core CPI inflation (excluding volatile food prices) also increased to 2.1% year-on-year, which is higher than both the forecast of 2.0% and the previous value of 1.9%. Another core CPI index for Tokyo (excluding food and energy prices) decreased in June to 1.8% year-on-year compared to the previous value of 2.2%.   Of course, these are not jumps that warrant sounding a loud alarm – all indicators are "hovering" around the target 2.0%. This allows Japanese officials to pause, without changing the vector of their monetary policy, and to limit themselves to verbal "interventions". Thus, Japan's Finance Minister Shunichi Suzuki once again stated that he is "deeply concerned about excessive and unilateral movements in the Forex market" and expressed hope that "trust in the Japanese currency is maintained". Suzuki's colleague, Cabinet Secretary Yoshimasa Hayashi, delivered almost the same speech word for word. However, he added that the authorities "will take appropriate measures regarding excessive currency movements", hinting at another currency intervention.   This hint from Yoshimasa Hayashi scared 60% of experts who voted for the pair's southward movement and yen strengthening, 20% pointed north, and 20% took a neutral position. The opinion of the indicators is unambiguous, as they have never heard of interventions. Therefore, all 100% of trend indicators and oscillators on D1 are green, although a quarter of the latter are in the overbought zone. The nearest support level is around 160.25, followed by 159.20, 158.65, 157.60-157.80, 156.60, 155.45-155.70, 154.50-154.70, 153.60, 153.00, 151.90-152.15, 150.80-151.00. The nearest resistance is in the 160.85 zone, followed by 161.30 and 162.50.   In the upcoming week, the calendar highlights Monday, 01 July. On this day, the Tankan Large Manufacturers Index will be published. No other important macro statistics regarding the state of the Japanese economy are planned for the coming days.   CRYPTOCURRENCIES: Causes and Consequences of "Black Monday" on 24 June     Monday, 24 June, presented investors with a very unpleasant surprise – on this day, bitcoin's price fell below $60,000 for the first time since 03 May, reaching $58,468 at one point. Ethereum, in turn, fell below $3,250. Analysts highlight several reasons for the active sell-offs, noting that they reflect overall instability in global financial markets and uncertainty about monetary and regulatory policies in several leading countries, especially China and the US. However, there are also more specific factors that contributed to the development of the bearish trend.   In mid-June, the German government began selling off a huge amount of bitcoins (about 50,000 BTC) confiscated in January. Panic sentiment sharply intensified after the announcement on 24 June that creditor payments for the bankrupt crypto exchange Mt.Gox would begin in early July. The total amount of funds to be distributed among former clients is 162,100 BTC, roughly $10 billion. Bitcoin responded to this news with an 8% drop. It’s no surprise – such a volume of coins flooding the free market can seriously knock down prices. In the derivatives market, long positions worth $177 million were forcibly liquidated, and the total financing rate for futures contracts turned negative for the first time in June, indicating that sales exceeded purchases.   It is precisely on the expectations of Mt.Gox debt payments that the flagship crypto asset's quotes reached the lowest level in the past eight weeks last Monday. In this situation, two things are encouraging. Firstly, the deadline for repayment falls on 31 October, and it's possible that payments will be made in parts over four months rather than all at once. And secondly, there is hope that not all creditors will rush to convert their bitcoins into fiat, but will hold onto them, hoping for price growth.   In addition to the above, BTC miners exerted some downward pressure on the market. It became known that their coin reserves reached a 14-year low, as they had to sell a significant amount of BTC due to the April halving to cover operational expenses. Recall that the cost of mining bitcoin, according to JPMorgan analysts, is $53,000. Historically, this cost level is a strong support for BTC/USD. However, even in March, JPMorgan did not rule out that after the halving, bitcoin could temporarily fall to $42,000.   In the absence of positive signals, the demand for spot bitcoin ETFs continues to decline, major market participants slow down their activity, and start to take profits. This also pressures the prices. CEO of investment company CryptoQuant Ki Young Ju calculated that over the past two weeks, bitcoin whales and miners set a record by selling coins worth $1.2 billion.   According to 10x Research, all last week, US spot BTC ETFs recorded investor outflows, and on 21 June, net outflow exceeded $105 million. 10x Research believes that bitcoin will now need to find a new price range to stabilize the decline and then find growth catalysts. In the medium term, according to 10x Research analysts, it is not worth expecting BTC to return above $70,000.   Popular analyst Matthew Hyland noted that the combined bitcoin balance on centralized exchanges reached a multi-year low. In theory, this could be seen as a bullish signal, but the crypto market leader is not yet eager to show an upward trend. Naturally, the publication of key US economic data could serve as a vector for further cryptocurrency movements. If the Fed takes its first step in easing its monetary policy in September, it could support risky assets, including bitcoin. According to Cryptology experts, the chances of bitcoin reaching a new all-time high by the end of September are quite high, and what is happening now is a phase of accumulation.   Despite the current decline, many investors remain optimistic, citing the cyclical nature of the crypto market. They also do not forget about the US elections. For example, former Goldman Sachs CEO Raoul Pal predicted significant bitcoin and cryptocurrency market growth in Q4 2024. In an episode of The Wolf Of All Streets podcast, the financier noted that risky assets like bitcoin usually rally against the backdrop of US presidential elections. "The final quarter of an election year is a real 'banana zone' for all assets. It always is," Pal optimistically stated, noting that the "banana zone" for cryptocurrencies in autumn is much more pronounced than, for example, for the Nasdaq index.   Bitcoin was also supported by billionaire Michael Saylor. His company, MicroStrategy, is one of the largest bitcoin holders in the world, with 205,000 BTC on its balance sheet. Despite the negative trend, it increased its reserves by another 11,931 BTC (over $700 million) in the past month alone. Saylor is convinced of the first cryptocurrency's ability to grow to $10 million with support from China and other factors. He believes that in the future, governments, especially China, will fully embrace the first cryptocurrency and integrate it into the state infrastructure. The entrepreneur declared all pre-bitcoin economic instruments obsolete. "Before Satoshi Nakamoto, economics was a pseudoscience. All economists before Satoshi tried to develop economic laws with shells, glass beads, pieces of paper, and credit instruments," the businessman wrote, calling bitcoin a "perfect asset."   In previous reviews, we already wrote that the launch of exchange-traded spot ETFs on Ethereum could give a certain boost to the digital asset market. On 25 June, SEC (US Securities and Exchange Commission) Chairman Gary Gensler noted that the registration process for new ETFs is "going smoothly," and the approval date depends on how quickly applicants submit adjusted S-1 forms. Bloomberg analysts call 02 July the expected approval date for new products. Reuters, citing anonymous sources, reports that a consensus has been reached between fund managers and the SEC in negotiations, and only the "final touches" remain.   Co-founder of venture company Mechanism Capital Andrew Kang stated that after the approval of ETH-ETF, Ethereum's rate could correct by 30%, falling to $2,400. In his opinion, at this stage, the main altcoin attracts much less attention from institutional investors compared to bitcoin. Based on this, ETH-ETF will attract only 15% of funds compared to what BTC-ETF received at the start.   Kang noted that to increase Ethereum's attractiveness among investors, its ecosystem needs to be positioned as a decentralized financial settlement layer, a global computer, or a Web3 application store. At the same time, it will be difficult to sell new ideas for Ethereum's application to funds, as the asset is perceived by investors as an overvalued stock of a large technology company.   Significantly more positively views the future of Ethereum Matt Hougan, CIO of Bitwise, a company managing cryptocurrency funds. In his opinion, the appearance of a long-awaited exchange product is undoubtedly a positive factor, and the net inflow of investments into ETH-ETF over the first 18 months will amount to $15 billion. In his analysis, he relies on the experience of Canada and the EU, where in similar products the inflow ratio for Ethereum and Bitcoin is approximately 1 to 4 (i.e., 25%). In other words, if in the first quarter of work for spot Bitcoin-ETF the total inflow was $26.9 billion, for Ethereum it is expected to be at the level of $6.7 billion. In this case, in three months of work, the leading altcoin could rise to $4,400-5,000.   CEO of SkyBridge Capital Anthony Scaramucci believes that the price of Ethereum could rise even higher, reaching $10,000-12,000. Regarding bitcoin, the entrepreneur allows for its growth to $170,000-250,000. The main driver, in his opinion, will be the further institutional acceptance of cryptocurrency. Scaramucci called the approval of spot exchange ETFs an important regulatory barrier breakthrough for attracting new capital. Thanks to this, in his opinion, the share of digital gold in the portfolios of major players will soon be about 3%.   As of the evening of Friday, 28 June, BTC/USD is trading at $60,190, and ETH/USD is in the $3,390 zone. The total crypto market capitalization is $2.24 trillion ($2.34 trillion a week ago). The bitcoin Fear & Greed Index (Crypto Fear & Greed Index) has dropped from 63 to 47 points over the past 7 days, moving from the Greed zone to the Neutral zone.   In conclusion, here is another observation from Matt Hougan. The CIO of Bitwise presented three reasons why long-term investments in both bitcoin and Ethereum are more advantageous compared to investing only in bitcoin. These are: 1. portfolio diversification 2. the opportunity to earn on very different ecosystems and 3. economic benefit.   Considering the difference in the capitalization levels of bitcoin and Ethereum, Hougan believes that 75% of the capital should be invested in BTC and 25% in ETH. According to calculations, over the period from May 2020 to May 2024, the yield of such an investment portfolio is 3% per annum higher than one that only contains bitcoin. However, Hougan acknowledges that in the shorter term, a portfolio including 100% BTC outperforms a diversified one. Moreover, investing only in bitcoin carries fewer risks due to its higher market capitalization and features such as limited coin issuance and a phased reduction in the inflation rate to zero.   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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