The Cash Diaries

My experiments in passive income, trading and life

Category: Money (page 2 of 16)

Making money with is a forex and CFD broker.    The have a wide selection of assets to invest in and pretty good looking trading platform.  But is it a genuine option for making money – before signing up make sure you read this post so you have all the details

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How to invest your spare change

MoneyIf you want to start investing, you no longer need thousands of dollars to make it worthwhile.  Thanks to technology the barrier to entry has never been lower.  In fact, you can get started investing with as little as $5.

Now while investing $5 isn’t going to make you a millionaire, everyone needs to start somewhere.  So why not start investing your spare change!  Here are some options to invest with little money…

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You can now buy bitcoin instantly on Coinbase

Coinbase has enabled instant Bitcoin purchases with your bank account in the U.S.  This is big news for U.S customers.

I love coinbase – they have an easy to use interface and purchasing has been quick and easy.  But one thing I don’t like are the fees.  As an Australian, the only way to buy bitcoin on Coinbase is with a credit card.  And credit card purchases obviously are going to attract some fees.  While they aren’t that high, I would still love to be able to use a bank account.

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How I’m planning on generating passive income in 2018

2017 might not yet be over, but I’m already looking ahead to next year.  I always feel super motivated in the new year period, so I want to cash in on this and get organised ready to build some new income.

I don’t believe there are many sources of genuine passive income – everything takes a little work, even managing a portfolio of dividend stocks.  But I count anything as passive that can be setup and then kept going with the odd check up.

So here’s my plan for 2018.  Whats your plan?  Let me know in the comments

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Who to copytrade on eToro: zhenyapotapov

Are you looking for people to copytrade on eToro?   I regularly review traders on the platform who I think might make interesting investments.  Obviously I encourage you to do your own research and always invest based on this.

Evgeniy (zhenyapotapov) is a trader from Russia and describes himself as a “buy and hold” trader.  So if you’re looking to copytrade someone who can deliver more long term results, this is someone you should look into.

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Alternatives to Binary Options

Binary options are a scam.  Simple as that.  The platforms are designed so that you deposit a lot of money and over time it all goes to the broker.    So in an effort to point you in the right direction I’m going to show you some alternatives that aren’t rigged to make you lose your money…

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How does eToro make money?

It’s important to know how your broker is making money because you need to know if you’re trading on a fair playing field or if you’re competing against your broker.  And it’s something that a lot of people wonder about.  So I’m going to break down how eToro makes money.

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How much should you invest on eToro

This is probably the most common question I get asked – “how much should I invest on eToro“.  So I thought I would write this post to try and address it.

Now while I can’t give you an exact number, I can tell you what won’t work on etoro and hopefully not give you unrealistic expectations.

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Making money trading Ripple

I noticed recently that the popular social trading platform and broker, eToro has added Ripple trading.    Is there money to be made in Ripple?  How does it compare to other cryptocurrencies.

I thought I would write about this interesting Cryptocurrency and the potential money making opportunities and how you can get started trading it as well.

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Making money with 1Broker

1Broker is a social trading or copy trading broker that is powered by Bitcoin.  They aim to bridge the gap between Bitcoin and traditional markets.  So instead of depositing fiat currency such as USD, you deposit, withdraw and trade using Bitcoin.

So can you actually make money from this platform?  I thought I’d give it a try.

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