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Author Topic: your internet costs and income  (Read 808 times)
kapalmabur
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January 17, 2020, 07:05:01 AM
 #41

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.
try to record your income from crypto currencies, it will help you have a record every month or every day of your income, and what is the price for your internet every month?
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January 17, 2020, 07:07:20 AM
 #42

Internet currently will became mandatory needs for every people even i think we are can't life without internet and regarding internet costs so far my internet providers give me low costs and usually i spend approximately $10 - $20 for internet monthly so compare to my earning i think it's still reasonable and pretty cheap because i'm sure people outside my country can spend higher costs for this

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January 17, 2020, 07:33:32 AM
 #43

People who had income on the internet will upgrade into the high-speed internet level and it is now mandatory needs most of us. Of course, that's a matter of how much the usage you have when connecting server halfway across the world and it is crucial to have internet affordability. Most likely this was the barrier of most people in having an internet connection is the data cost, fastest bandwidth it means the fastest browsing on the internet.

Here in my country Philippines, it only costs 1$ for 1GB of 4G data consumable in just 3 days. It's very affordable in browsing a forum and keep working in here, it's fine if you aren't watching videos like NetFlix or youtube. I can sustain my monthly cost of the internet and it is crucial to have internet while earning on cryptocurrency in different ways.

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January 17, 2020, 08:17:17 AM
 #44

It isn't really a problem if we talk about internet udage in a daily basis, because internet over time is getting cheaper yet, with increasing speed. Or if you have not much funds with you to spend in a monthly internet, use yiur mobile data, basically the use of daily sites we have is quite low in bandwidth. We could have prepaud loads and the use VPN for a connection and you're good to go already.
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January 17, 2020, 08:43:34 AM
 #45

Here's a quick calculations:

Unlimited internet access

Cost = Monthly Internet cost divide no. of hours in a month, then multiply hours spent directly related to generating income.

Income = Earnings directly related to your internet usage in order to generate income.

Profit = Income less Cost


Mobile data internet access

Cost = Internet cost in a month divide no. of mobile data usage in a month, then multiply data usage spent directly related to generating income.

Income = Earnings directly related to your internet usage in order to generate income.

Profit = Income less Cost
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January 17, 2020, 08:44:41 AM
 #46

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, ..?

Anyone who has smartphone or other electronic gadgets along with internet should atleast earn 500$ monthly. If we are not doing this we are just paying internet Bill's and spending money on electronics gadget's. I m happy, I utilize my time and energy to get maximum money I could.

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January 17, 2020, 08:50:13 AM
 #47

I pay around $25 for my internet bill. It's not the fastest and sometimes its unstable but it would do for the usual stuff. I don't really earn much online, I do not attempt to do fiat trade due to the exchange's spread and I've also pretty much given up on cryptotrading after trying it a couple of times.

So, I would say I'm not really earning much most of the time to cover for the internet bill but that's fine since I use it all the time (Spotify stream throughout the day and regular vid calls with relatives), not to mention it's bundled with a landline, which still have some uses.

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.

Heck, I even use 5Mbps and it's still fine.
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January 17, 2020, 09:06:48 AM
 #48

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.

Here in our country, I pay 70$ per month because we own a lot of devices and gadgets that we need in our daily lives. Because we are in this kind of era, technologies are more advance and most of them doesn't work without electricity. In terms of internet, we also pay 50$ per month and we are so great in consuming because of those social medias, schoolworks and and for entertainments. As a millennial, it is hard for us to live without internet and electricity.

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January 17, 2020, 09:53:54 AM
 #49

Until now, earning from crypto is enough for my monthly internet costs, even enough for my daily life. paying for electricity, taking a couple's dinner, all are from crypto. at least I have calculated each of my expenses and income, how to still be able to trade crypto and generate profits for my family life. I have calculated everything and always try to make more profit, so that it can be saved as well.
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January 17, 2020, 10:06:56 AM
 #50

My calculation for my income from crypto is not that big to pay all my bills and my daily needs from my foods, internet and etc. for crypto uses it is enough because I am not that focus and having another job outside is a plus because if you are not earning enough in crypto you have back up funds for any case of trouble or you need to hold. so if you have job outside and a small time trader then don't swap it just make it balance so you won't regret anything at the end.

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January 17, 2020, 10:23:24 AM
 #51

snip
Spending 10-20 dollars per month is not really much and anyone can afford if they have some decent paying day job.

Online shopping cut of expenses but the quality of product will be unknown until we receive it so people prefers buying offline till for most of their purchase.

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January 17, 2020, 10:36:10 AM
 #52

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.

Here in our country, I pay 70$ per month because we own a lot of devices and gadgets that we need in our daily lives. Because we are in this kind of era, technologies are more advance and most of them doesn't work without electricity. In terms of internet, we also pay 50$ per month and we are so great in consuming because of those social medias, schoolworks and and for entertainments. As a millennial, it is hard for us to live without internet and electricity.
Well, i only pay a $50 for my internet connection per month because there are only few device and gadgets that are connected in the internet. I also mostly needed an internet in my smartphone or my laptop, so i could trade and do other things that are related to crypto, and for me to earn profit in crypto to pay all my bills even my internet bills monthly.
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January 17, 2020, 10:42:41 AM
 #53

in the digital era like now the internet has become a basic need that must be met by most people. so even if for example I don't work in crypoturrency I will still need the internet. and the cost I have to pay every month to pay a fairly cheap internet bill of around $ 6 per month. and the income I get from working on cryptocurrency is enough for me to use to pay electricity and internet bills.

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January 17, 2020, 11:12:00 AM
 #54

Until now, earning from crypto is enough for my monthly internet costs, even enough for my daily life. paying for electricity, taking a couple's dinner, all are from crypto. at least I have calculated each of my expenses and income, how to still be able to trade crypto and generate profits for my family life. I have calculated everything and always try to make more profit, so that it can be saved as well.
yes, I also like that, and most people nowadays also feel that internet costs are not that big. I am thankful that internet payments are not that large compared to my income. however, I paid for my internet with my family, so it was not so burdensome.

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January 17, 2020, 12:31:02 PM
 #55

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.

in this era, everyone needs the internet, you can see for yourself the many applications that always use the internet, online games have sprung up. Online shopping is becoming a trend in this era of the century, almost all of the current systems use an internet connection. If the "person who has a part-time job too" smartphone is always on hand, is it only for communication or for searching and uploading etc. and without us realizing something as trivial as this is detrimental to our income, maybe for people who are still in school, there is no problem, however, if for married people this fee is worth our calculation.

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January 17, 2020, 12:41:53 PM
 #56

Right now we can't do anything without the internet. Internet is an indispensable thing for us, and if there is internet then we can easily make money from many different areas. I do not have an exact number of earnings through the internet, depending on the situation of the market and the jobs I do. But make sure I can pay the bill quickly because it only costs more than 20$ per month, because my income is higher many times than that amount
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January 17, 2020, 12:50:37 PM
 #57

I think my internet cost is about less than $35 in a month for my pc and $15 for my mobile phone when I am not in my home. I think that is okay for me. With $35, I can get internet access with unlimited data, but the internet access for my mobile is about 12 GB/month, so that will enough for me to access anything I want. With the growth of technology, it seems, the internet service provider wants to reduce the price in subscribing to the connection, and they compete with each other to get more customers. I hope that soon, the internet connection cost can reduce and we will get a better connection.

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January 17, 2020, 12:56:16 PM
 #58

Right now we can't do anything without the internet. Internet is an indispensable thing for us, and if there is internet then we can easily make money from many different areas. I do not have an exact number of earnings through the internet, depending on the situation of the market and the jobs I do. But make sure I can pay the bill quickly because it only costs more than 20$ per month, because my income is higher many times than that amount
Cheaper than me, my monthly internet costs are at $30 per month with 20Mbps. while my monthly income is more than $500, this has been running for more than 5 years so it's not a problem with internet costs as long as my income is still above $100 per month because I'm single so I don't have a lot of expenses.

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January 17, 2020, 01:30:28 PM
 #59

The cost of my internet is just the same every month regardless of how long I take time facing the monitor or my cellphone. Even if I download files, it's just the same. And I get to earn more than what my internet cost. With all the gadgets we have each person or in a family, internet is becoming a must. It's becoming a need not just a want or desire because it helps us function. So basically internet expense are already part of our daily expense that we have to manage to pay everything with our income.

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January 17, 2020, 01:47:47 PM
 #60

~snip~

Given that the Internet is a necessity today, the price to be paid is an imperative need, simply when there is no service, it does not offer complete comfort. I think that many times people do not work or depend on the Internet, there is a lot in that way, however, they maintain the service, I am sure that for those who depend on the Internet, they mostly pay it without being decapitalized.

Of course, there are countries where the Internet fails like Venezuela, where the platforms are very old and generally very slow, in others like North Korea it is very limited, there are always exceptions because it can be very expensive and limited, in addition to being monitored.

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