Your own 'Sofa Bank'
You probably have a computer, a tablet or a smartphone that you use for entertainment like games, watching movies or chatting on social networks, don't you? Have you ever thought that this internet-connected gadget can significantly improve your financial situation? Even if you spend only a few hours a day on it.
There is such a television show, Sofa Shop, where you are offered to buy some unnecessary (or necessary) things, sitting on your favourite piece of home furnishings. That is, to spend your own money. But, it turns out, there are many ways that allow, on the contrary, not to spend, but to earn the treasured bills! And still without getting up from the sofa or armchair. Already, millions of people — from schoolchildren to pensioners — are getting extra income by clicking the buttons of their gadgets, and some have even made it their main profession.
You can earn money by clicking on links and viewing promotional texts and videos specified in the employer's task and receive $1, $2 and even $5 per day for it. About the same amount can be obtained in social media by subscribing to the pages specified by the employer, joining groups, making reposts, tweets and putting likes.
You can earn money posting videos, having created your own YouTube channel and connecting ads from Google. But consider that this must be a video created personally by you, otherwise YouTube will block your channel for plagiarism. Average earnings are $1-$2 per 1,000 views. Another option for ‘enrichment’ is to publish advertising texts of your customers on various online forums, at a price of $0.5 per one placement.
Experts can name many other ways to make money by clicking on the keyboard buttons, but all of them do not compare to the profit that can be brought by online trading in currencies, cryptocurrencies, stocks, oil or precious metals. In terms of profitability, this trade is hundreds, thousands or even 10s of thousands of times more profitable than the revenue from viewing ads or clicks in social media. With just a hundred or two dollars, you can earn thousands, 10s of thousands of dollars. Some even become millionaires, and this is an undeniable fact.
"Of course, you can earn a lot," experts will say, " but you can also lose a lot." This, of course, is true to a certain point, but ‘a lot’ is a relative concept: for some $5 is a lot of money, and for some $10,000 is not much. It is probably more correct to determine the degree of risk by comparing the ratio of possible losses to possible profits. Here lies the most important advantage of this type of earnings as trading in financial markets: the leverage.
Leverage is the credit that the online broker that you will start working with will automatically provide you for trading, immediately and without any collateral or securities (!). Let's take such an old and proven broker as NordFX as an example. So, it provides its clients with a leverage of up to one to 1,000. As a result, having, say, only $100 in your account, you can make transactions worth 1,000 times more! That is $100,000! Accordingly, your profit will be calculated from $100,000, and you only risk a hundred dollars.
(Remember: you always only risk the amount you invested in this particular transaction. Therefore, do not be greedy and, in order not to get upset later, calculate your financial capabilities.)
And if your account is not a hundred, but a few thousand dollars, you will already be able to manage millions, buying and selling dollars, euros, pounds, yen and dozens more other currencies. As for trading cryptocurrencies, for example, you will only need $150 to buy Bitcoin at its current price of $9,000 with the NordFX broker. And buying the second most popular cryptocurrency Ethereum, you will spend only $15, and this despite the fact that its real value is $200!
See how profitable it is?
In addition to currencies and cryptocurrencies, NordFX clients can make transactions with gold, silver, oil, major stock indexes such as Dow Jones, SPX500, NASDAQ, etc. They can also buy and sell shares of many world-leading companies, including IBM, JP Morgan Chase, Coca-Cola, Mastercard, McDonalds, Microsoft, Twitter, UBER, eBay and many others.
And, note, this is very, very important! The NordFX client can earn not only on the growth, but also on the fall in the price of any of the listed assets, while not even possessing them! That is, the client can make a great profit, even if, for example, Bitcoin or the Bank of America shares collapse to zero, and Boeing turns out to be completely bankrupt.
A fairy tale? No, it is 100% reality! Experts from the brokerage company NordFX Support Service will be happy to tell you in detail how such a miracle can happen. You can also ask them to send you an electronic version of the ‘Most Concise Forex Encyclopedia’, specially created for those who are just taking the first steps, learning the basics of trading in financial markets.
And in conclusion, a few words for those who, for whatever reasons — no time, desire, or ability — do not want or cannot trade on their own. You don't want to? You don't need to! Others can do it for you. First, there are trading robots: special computer programmes that will make trades in a fully automatic mode all week 24 hours a day. Secondly, using NordFX's PAMM service, you can transfer funds to the management of experienced traders or, thanks to Copy Trading, automatically copy their trades on your account. And finally, third, you can invest your funds in NordFX specialized Investment Funds.
For example, the return of the Pro-Tech fund for the previous year was 56% and only for January-April, despite the pandemic crisis, the fund showed a profit of 8.6%. The Pro-Expert Fund's profit for the first four months of 2020 is 12.5%. And all these thanks to professional management and investment in the most reliable and promising stocks of global industry leaders like Amazon, Netflix, PayPal, Google, Facebook, Apple, Microsoft and many others. At the same time, the minimum investment in these funds is very small and is affordable even to people with very moderate incomes.
Do you still have any questions? There is no doubt, of course, yes. You can't but have them, as the world of online trading in financial markets is limitless, just as the profit that can be obtained here is limitless. And all this without leaving your home computer. Although some manage to do with a smartphone, sitting on the sofa or while walking your favourite pet. It is important just to start, not to miss the chance, and then, as the ancient Romans said, "Viam supervadet videos" : which translates to "The road is made by walking."
Notice: These materials should not be deemed a recommendation for investment or guidance for working on financial markets: they are for informative purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.