The internet is resourceful, we all know that but one of its amazing benefits is making money online through different ways and means. One of these ways is the currency trading or exchange. In order to start this form of business, all one needs is the internet connection, almost an hour a day of his/ her time and sound knowledge of English.
Now you don’t have to be a financial ‘guru’ or a Wall Street analyst to do this. There are several online courses which give you a fair idea of what should be done and you can get started on your own home business for a little investment.
This form of trade thrives on online exchange of currency, which means the trade is real time and happens over the cyber-space. This form of business is accessible from any part of the globe which means you can make money anywhere as long as you have internet connectivity. This is how it works:
o Take up an online course on e-currency trading. There are several available on internet to choose from. Chose the one that best suits your expectation and budget. Make sure it has phone support and online public forums where you can exchange ideas.
o Invest on buying trading share, globally. This is your business portfolio. As the shares start gaining momentum in different countries, their value or NVT rise. You have to wait till their value reaches an amount of $ 5000.
o Once you have a portfolio worth $ 5000 and above, you can apply for something called ‘console’. This enables you to trade online currencies on behalf of your online traders.
o Each transaction you process, you will get a fee of 6% of the value of the transaction.
o You can either collect these fees as your personal profit or reinvest the same
This is a great way of making money and has high returns in long run.
