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January 16, 2020, 02:03:00 PM
 #1

along with the development of digital technology, have you ever thought about the internet costs that you use for your needs ...? where we always open the market every day and trade your cryptocurrency assets, let's calculate with your income, in one day whether you always explore exchanges, social media, upload, share and other sites, is it commensurate with your income or is it commensurate with the sale and purchase of your cryptocurrency assets ...? where every time we make a sale and purchase there will be a cost, and the time we spend does not count how many hours we live on our computer or smartphone and etc, ..?

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January 16, 2020, 02:36:53 PM
 #2

Actually right now internet is one of the daily needs of the people in which the people are really need internet to be able to do things around us, advance technology around us that are revolving and continuously evolving are the one we must focus in order to faster adapt the evolution that is happening in the world. Internet may cost a lot but still it is good in terms of studying especially for us students and also for us who are into the crypto community or crypto world in which we are able to join some signature campaign and promote projects to earn money, and some people to be able to go on bitcoin mining or other cryptocurrency mining, although the income in mining right now are not stable but relax and wait until you earn big on mining as well as in trading.



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January 16, 2020, 02:51:11 PM
 #3

We completely rely on the internet even without cryptocurrencies. Many normal activities are connected to the internet such as shopping, work, entertainment, news, etc.

 
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January 16, 2020, 02:54:06 PM
 #4

I don't see the need to calculate it though. Prior the emerge of Bitcoin or cryptocurrency internet need and  access has been one of the many daily needs of man. When you calculate food and shelter, Internet is the next thing to put into consideration.

Moreover, visiting exchanges and crypto related sites don't really consume much Internet traffic. Though, watching videos on it do.

Also, not every crypto investors do trade, some have normal day jobs. The point it, even if you don't have Internet access, there is one always ways to access free WiFi. Where this matters is if one live in one of the developing countries where Internet access is always costly.
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January 16, 2020, 03:11:20 PM
 #5

along with the development of digital technology, have you ever thought about the internet costs that you use for your needs ...? where we always open the market every day and trade your cryptocurrency assets, let's calculate with your income, in one day whether you always explore exchanges, social media, upload, share and other sites, is it commensurate with your income or is it commensurate with the sale and purchase of your cryptocurrency assets ...? where every time we make a sale and purchase there will be a cost, and the time we spend does not count how many hours we live on our computer or smartphone and etc, ..?
Anything you do deal would have corresponding expense when it comes to resources used.Talking about income level on my side

I can say that it do pays out more than on what my internet bill and so as with the effort I do made.I trade, I make task online which
pays enough that's more that I can earn on having a day job that's why I don't have any complaints to that.

This is much a batter option rather than going to have some 8 to 5 jobs which pay less and isn't worth for your hard work.

R


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January 16, 2020, 03:21:39 PM
 #6

It's a bother to do so tbh. The usage of the internet is literally widespread that you can use plenty of internet data traffic with $2 per day. Calculating the costs and presenting something similar to an accounting notebook for it and for your everyday profit through crypto is simply a waste of time. It isn't like the internet is some kind of rare commodity. It's literally everywhere. Places even have free internet access for you to get from. If you were mining, sure, things may be different, but as a trader, your job is to research, study, analyze. These don't take much internet traffic. It's not like you study 1TB worth of charts and the like.

R


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January 16, 2020, 03:50:57 PM
 #7

No I haven't. Even if we do measure it and see if it is proportional, I doubt anyone would answer no. I mean, they earn more than $20 - 30 per day on a good day. And even if they don't earn anything (Break even for some days), profit of a few days would break even the losses they made for those days. There isn't even any sense on why you would compare the two, when internet fees are close to being free now. Crypto trading isn't really that stringent when it comes to speed, so even the cheapest of plans of ISP's would work just fine.
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January 16, 2020, 04:20:14 PM
 #8


No I haven't. Even if we do measure it and see if it is proportional, I doubt anyone would answer no. I mean, they earn more than $20 - 30 per day on a good day. And even if they don't earn anything (Break even for some days), profit of a few days would break even the losses they made for those days. There isn't even any sense on why you would compare the two, when internet fees are close to being free now. Crypto trading isn't really that stringent when it comes to speed, so even the cheapest of plans of ISP's would work just fine.


yes it is very true that cost of internet is very less as compare to the income we get from the internet, now a days internet is the most important part of our life as we get a lot of knowledge from internet and we use it for many other activities apart from earning but still we get low cost. Other thing is that the cost of internet is fixed in my place so it does not matter for me whether i use internet more or less.
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January 16, 2020, 04:25:38 PM
 #9

~snip~

My internet costs are fixed every month (if we are talking about home internet), and let's say that they are not too expensive considering it is a flat internet (no data limit), and that speed is around 40 Mbps. The price for that internet and fix phone is around 20 EUR per month. Considering that I spend a lot of time online, I find this price very good and currently it does not represent a big expense to me in my home budget.

I know that internet prices are different, and some countries like Cuba have very expensive and limited internet so your question makes sense. But I still think that the majority still pays too expensive and limited data + slow internet. This is certainly one of the most significant obstacles to a major BTC adaptation, as well as the fact that almost half of the world's population has no access to the internet. Welcome to the 21st Century Sad


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January 16, 2020, 04:28:28 PM
 #10

I don't even realize that we should considerate Internet cost I mean we're living in an era where the Internet is extremely cheap comparing to the past and even if people not working or earn nothing from the Internet they still pay for it, just be honest people can't live without the internet. It is just like basic needs the same as food, when you do business you don't put food as a spending right? because you need to eat in order to survive.
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January 16, 2020, 04:36:07 PM
 #11

as long as I don't download large files, and only monitor live streaming markets as usual, then there aren't many problems with internet quota, indirectly the internet costs are still affordable for me. I once calculated it in detail but it had a bad effect and burdensome my mind, most importantly always set aside profits for the internet budget on the first list in every monthly need.

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January 16, 2020, 04:58:47 PM
 #12

along with the development of digital technology, have you ever thought about the internet costs that you use for your needs ...? where we always open the market every day and trade your cryptocurrency assets, let's calculate with your income, in one day whether you always explore exchanges, social media, upload, share and other sites, is it commensurate with your income or is it commensurate with the sale and purchase of your cryptocurrency assets ...? where every time we make a sale and purchase there will be a cost, and the time we spend does not count how many hours we live on our computer or smartphone and etc, ..?

I always prepare a portion of my income for internet bills. Internet has become a secondary needs and even a primary needs for those who work remotely. And I don't calculate the data usage for every kilobytes that I used, my internet provider give an unlimited data usage with FUP, it's charged monthly.

Internet cost is vary for each country, most internet bills are around $40-$100 per month, but there are countries that have internet bills of around $400+ per month such as Papua New Guinea, Namibia, (read more).
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January 16, 2020, 05:00:05 PM
 #13

Why do you bother to ask this question anyway? Internet is not that too much to pay if you have one in your house. Even a simple working students can pay up the cost of the internet. It's unlikely that a broke could not pay their bills though but if your salary is above the average then you can make a living already. Not unless if your salary is below the minimum then you are broke af and you can't even continue to do your crypto job with that.

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January 16, 2020, 05:04:59 PM
 #14

Why do you bother to ask this question anyway? Internet is not that too much to pay if you have one in your house. Even a simple working students can pay up the cost of the internet. It's unlikely that a broke could not pay their bills though but if your salary is above the average then you can make a living already. Not unless if your salary is below the minimum then you are broke af and you can't even continue to do your crypto job with that.
In some countries cost of mobile internet is still to high,so they prefer wired connection modem which is more cost effective but in most of the countries internet is getting more cheaper and more places offer free wifi at high speed.


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January 16, 2020, 05:07:33 PM
 #15

Why do you bother to ask this question anyway? Internet is not that too much to pay if you have one in your house. Even a simple working students can pay up the cost of the internet. It's unlikely that a broke could not pay their bills though but if your salary is above the average then you can make a living already. Not unless if your salary is below the minimum then you are broke af and you can't even continue to do your crypto job with that.
maybe you think that's a stupid thing to question, did you know some people do not have internet at home, even if you travel far you definitely need the internet, and without us knowing, it is our expenses that we are not aware of.

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January 16, 2020, 05:24:41 PM
 #16

To be honest, i am always using my smartphones and computer 24/7 with an internet connection for my job and for crypto, but i can pay my bills to it because my income in my job and my investment in crypto is quite enough for me to provide my neccesities and pay all of my bills including my internet.



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January 16, 2020, 05:35:53 PM
 #17

In my country the internet and telephony are cheap. The internet at home is under 10 EUR/month (450Mbps d/l) unlimited GB and the mobile package is less than 5 EUR/month with 2? GB allowed to d/l.

I have one of the cheapest options for phone - a lot of internet and talking time - because the coverage at the country side is not so great. But it's the package that suits me best.

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January 16, 2020, 05:48:13 PM
 #18

Of course. I think about my internet costs. Either my PC or smartphone is almost always online. So, internet costs warrants some thoughts.
The Internet is not that cheap where I live. I actually have a constant monthly subscription that I stick to. So, I don’t think too much about it. But I do mind my usage

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January 16, 2020, 06:01:46 PM
 #19

In my country the internet and telephony are cheap. The internet at home is under 10 EUR/month (450Mbps d/l) unlimited GB and the mobile package is less than 5 EUR/month with 2? GB allowed to d/l.

I have one of the cheapest options for phone - a lot of internet and talking time - because the coverage at the country side is not so great. But it's the package that suits me best.

we basically pay almost exact amount but my access is just about 2Mbps. i got used to how slow my internet now after all it still can access exchanges. its still considered cheap in my country.  i can use my smartphone which is much cheaper that could only cost about $10 month but its just going to be me that will access it. $10 is affordable for someone who earns online.

if you earn from cryptocurrency and pay your internet access with the money you get in crypto, you might wanna try your mobile devices as its cheap.









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January 16, 2020, 07:03:27 PM
 #20

~

we basically pay almost exact amount but my access is just about 2Mbps. i got used to how slow my internet now after all it still can access exchanges. its still considered cheap in my country.  i can use my smartphone which is much cheaper that could only cost about $10 month but its just going to be me that will access it. $10 is affordable for someone who earns online.

if you earn from cryptocurrency and pay your internet access with the money you get in crypto, you might wanna try your mobile devices as its cheap.

At home I consume more than 2GB/month, so giving up the internet at home to keep only mobile doesn't worth it.
And I do use the mobile. Both packages are cheap as long as one has an income - it doesn't matter if it's from crypto or not. I am not sure I understand your point...

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