your internet costs and income

[DoublerHunter]

You dont need to calculate your internet cost, because if you dont have internet then, making money in crypto is not just for you.
Eventually, some countries now has a very cheap subscription on the internet, even on your phone you can use the internet but it depends on which network provider you use. Even 10 Mbps will be fine and that was the internet speed I currently used as of now. Nevertheless, as I have said, if you don't have an internet connection, dont make money online.

[FlightyPouch]

Well, it is not a lot since when I go to my job it is free. Usually schools here has free internet in their teacher's faculty so I have no problem. When I go home, that's when I badly needed it since we don't have an internet at home so I pay for like $1 every 3 days. Filipinos would immediately figure that out.

[mersal]

Internet becomes a part of everyone's life and more cheaper when the adoption happens but 5G internet is not available on most countries and can be considered as expensive among 4G so rate of internet speed decides its price.I pay about $10 which gives me about 150GB data pack per month.

[shield132]

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, ..?

When talking about internet's costs and income, let's talk about it's benefits too and whether they outweigh income or not. With internet you can have conversations with people, watch movies, download games, book hotel, check discounts and a lot of fun. In overall internet saves our time, gives us possibility to do a lot of job with little cost and from home without even going anywhere. When you want to buy fragrance for example, prices offered online are far beneficial than those ones in local stores, we save rental prices here and other costs. So the one answer to your question from business perspective can be that internet gives some business possibility to save tons of money and have store available for 24/7 (online).
Internet cost isn't huge at all, it's pretty cheap but still depends on the country where you live but I agree with that mobile data is expensive but people use flat internet most of the times because of no data restrictions and affordable price.

[TurboRyzen]

If you don't have the internet then you're going to not only miss opportunities, but not be able to take advantage of sudden opportunities that might come across in the crypto world, and that won't be there by the time you go to use the library's internet. So the money that you save can end up costing you thousands, maybe even millions.

[damar09]

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.

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, ..?

When talking about internet's costs and income, let's talk about it's benefits too and whether they outweigh income or not. With internet you can have conversations with people, watch movies, download games, book hotel, check discounts and a lot of fun. In overall internet saves our time, gives us possibility to do a lot of job with little cost and from home without even going anywhere. When you want to buy fragrance for example, prices offered online are far beneficial than those ones in local stores, we save rental prices here and other costs. So the one answer to your question from business perspective can be that internet gives some business possibility to save tons of money and have store available for 24/7 (online).
Internet cost isn't huge at all, it's pretty cheap but still depends on the country where you live but I agree with that mobile data is expensive but people use flat internet most of the times because of no data restrictions and affordable price.

indeed the internet cuts our time and costs more, if we do online shopping, and indeed using a flat internet will definitely save our expenses, but not everyone has it, and in every country, has a benchmark price for 1GB per possible country where you live has cheap internet costs, just imagine if in 1GB of data connection for 1$ runs out in 3 days, or even less than 3 days if we are one of the few people who are active on social media or forums or always remain in exchange. upload video photos and play online games and even watch live streaming, we take the example if in 3 days we spend $ 1 on cellular data costs in 1 month we spend $10-20 only for the internet costs that we use. this calculation is just a simple example if we want to save our expenses.

[sunsilk]

I don't have too and even if I had to, I'm not spending most of my crypto profits in those bills. I have already my passive income in some other business which is dedicated to pay for my bills including the internet and sometimes it just go the way around shifting from other to other and also in crypto for but few times.

Profit in trading isn't stable so what if most of the month you're losing and you don't have other source to get? you'll be ending now in debt. This is a matter of financial management and budgeting your expenses.

[Duzter]

Our country is good in providing internet services in a much affordable price. At times there won't be perfect connectivity, yet it is good compared to many other countries. The internet cost for a single gigabyte of data was around $5 and now things have changed with the increase in the competence between communication service renders.

[ene1980]

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, ..?

As everyone said here having an internet connection is not a big deal here and i pay around 9 Euro on average per month one a fiber connection with a decent speed and trading is not the only aspect i do, so if i am going to compare cost per usage then i am in profit because of the amount of content i am able to use with a fairly decent charge plus, not sure what the big deal is. If you would have asked this 20 years back then it would have been a big deal to have a decent connection but things have changed for the better.

[Kemarit]

~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

Personally, in my case, this is a big problem, I'm subscribed with a internet + phone and supposedly unlimited bandwith, however if you're going to look closely, they have a clause which they call "Fair usage policy". It is also around 20 EUR (but less Mbps), but the services really suck. I wanted to run a full bitcoin core here, but with intermittent connects and continue lagging here, I doubt that I can sustain it.

Our government is working to have some new faces to enter the market to provide better services, otherwise, we don't have a choice here, sad but true.

[jakelyson]

Even in a third world country like mine, internet accessibility is a must. I do not think we could ever go back to a time where we do not use the internet. The Internet is so much entangled in our life now. We use it in everything now: education, entertainment, business, sports, gambling, work, etc. So, I guess with everything we can do with it and how important it is in our daily life now, it pays its cost, no matter how cheap or costly it is in your country.

[NathanJB]

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, ..?

Internet is necessary nowadays whether or not you are into cryptocurrency trading. We need it. We need data on our phone even if we are not aware of cryptocurrency. I think the cost is less than the overall benefit. I need the internet all day long because I need to constantly monitor crypto related news. I also need to monitor the prices. Not to mention the mails, social media, current events, etc.

[verita1]

I have always calculated the cost of my internet service. Because I have needed it to study and currently to do work in cryptography. Fortunately, I have been able to deal with the cost by making a balance between income, costs, and profits. I wish I had a Wi-Fi service but currently, I do not have it because it is expensive. I am not discouraged the day will come when I can buy it and so I can improve my skills, have a good job and improve my quality of life.

[Republikcoin.com]

I have counted all of it, and of course, I did it, because I didn't want to do anything bad. Sometimes, I spend my hobbies in front of the computer for 5 hours, well, that is the minimum. You know, right now almost all the information is on the internet, so almost every time we open it. other than that, for the internet costs in my country, it's not that big, and I make it count with other income and expenses.
we need to learn to manage finances before doing business so that we don't lose from our own actions.

[awik p]

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, ..?

Internet is necessary nowadays whether or not you are into cryptocurrency trading. We need it. We need data on our phone even if we are not aware of cryptocurrency. I think the cost is less than the overall benefit. I need the internet all day long because I need to constantly monitor crypto related news. I also need to monitor the prices. Not to mention the mails, social media, current events, etc.

the cost of the internet for me is not a problem, because the income I get is far greater, and it is true that we always need internet on a daily basis, because other activities besides trading, the internet is also needed. especially the longer because of competition between providers, I see the cost of the internet getting cheaper

[criza]

we need to learn to manage finances before doing business so that we don't lose from our own actions.

Handling assets, is one of the very important routine an investor, trader or other crypto currency user must do to avoid difficuly in securing their money. It is important because, there are plenty of threats around the world that puts your money into risk eg. experienced hackers that might get into your account if you have made a mistake handling your account.

[barabarian1]

to be honest i never counted how much income i get every month from cryptocurrency. because the income earned from cryptocurrency changes erratically. but the income earned from working with cryptocurrency is very enough to pay for internet fees. and even if it doesn't work in cryptocurrency I will still pay internet bills. because now the internet is a necessity that we must meet.

[blckhawk]

It would be irrelevant once you have high capital. You could trade even with slower internet speeds, which should come cheaper. The more important thing is your income and actual extra funds that you would use on investing on different crypto-projects or coins. Even when you have a slow 10Mbps internet, you could do all those activities smoothly at a price irrelevant to your income.

[teosanru]

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, ..?

What I interpret from your message is that you aren't talking about internet costs but the time we spend on internet which we could have used to generate income elsewhere. Well we call it the opportunity cost of our time. But this concept is pretty subjective. Your income is based absolutely on your skills and expertise. While everyone has a separate skill set each skill set is valued in market with a different income. Now for this calculation purpose I would divide people into two classes:
1.One are those who don't have any other source of income basically they rely wholly on Internet as their source of income and don't possess any other skill.
2.While second are those who have a full time job but along with that like to earn income from internet.

1. People who don't rely wholly on internet Income: These people have no opportunity cost without internet so obviously these people have no opportunity cost therefore have no "Internet Cost" in your language.

2. People who have other source of Income: This set of people have internet costs as you say but it's not necessary. for example if a person has only 8 hours of job and uses internet in free time then obviously he doesn't has any internet costs while other may have internet costs but the beauty about opportunity cost is that it can't be avoided because you always choose the more beneficial option. So basically everyone can calculate this using their hourly rate multiplied by how many hours they spend. Compare this to what you earn on internet using buying and selling and you could practically see if this is profitable or not.

[CodyAlfaridzi]

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 only paid $10 monthly for my internet at home and about $15 for my smartphone data package. I think it's a fair price for the service. My $10 internet comes with about 5MBps speed and my $15 mobile data is for 50GB of 4G network. It's worth because my daily activity relies heavily on internet access. Almost 99% of my communication daily use internet. I also need it for entertainment, making money, etc.