How to make money during Covid

How to make money during Covid
How to make money during Covid

The COVID outbreak has made lots of people out of work, that’s sad but we have some little tips that could be of great help for you. Just take your time and go through this piece. Asides making additional money from home perhaps you’d like to supplement your main income or even start a brand new career. Well, let’s get started.

 

Start Trading Forex

The foreign exchange market like you might be aware of is where currencies are traded (Like, Bought and Sold). Currencies pairs are important to most people around the world because of its volatility and this is because currencies need to be exchanged in order to conduct business. For instance, If you are a Canadian and you want to buy a phone from the United States, either you or the company that you buy the phone from has to pay the American for the phone in American
Dollars (USD). This means that you would have to exchange the equivalent value of U.S. dollars (USD) into Canadian
Dollar (CAD). The same applies to someone traveling.

An Indian tourist in Egypt can’t pay in Rupees to see the pyramids because it’s not the locally accepted currency in Egypt. As such, the tourist has to exchange the Rupees for the local currency, in this case, the Egyptian pound, at the exchange rate (Current).
Starting forex trade could be a great way to generate enough income for yourself and your family. Find more tutorials about forex on youtube and on other top forex Broker sites like IQ Options. You can use the following search terms;
“Forex Trading for Beginners”, “How to trade forex” and “Introduction to forex”. A friend of mine has been making good money from trading forex. I once talked with him and when I asked him how he did it, he laughed and was like; “if you want to start forex then you must be ready to read and learn!”. Well in that case you could breach the gap of taking months to read about forex by checking out youtube channels dedicated to FX trading.

Open a Youtube Channel.

Creating your own YouTube channel can be a way of filling your pocket with money, well let me tell you how it works.
The Google owned video network promotes over a billion businesses daily of which you and I are part of. Google pays qualified channel owners who signup for there Ad publishing service. You too can make cool money from youtube. It doesn’t take much to create a channel (just own a google email address and you are good to go). Use the following search terms to get started; “How to create a youtube channel”, “how to monetize a youtube channel”.

Well, we will stop here for now. Expect a follow-up article before weekend! thanks for hanging around.

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