Click on the link below to discover the #1 skill to making money with affiliate marketing. What do you think it is? Hey, today I want to answer the question which is easier to make money with Forex or Online Marketing? The short answer is going to be online marketing.
First, what the heck is forex? Forex stands for the foreign exchange market and it involves buying and selling currencies.
Currencies meaning Japanese Yen, Pesos, and Dollars for example. It's different than crypto currencies. Normal currency like the dollar is backed by a centralized government, while cypto currencies like Bitcoin are not.
Economics, geopolitics and many other things can change the price of a currency and this is what your betting on.
The big problem with Forex trading is the risk. Heck, I would do it if it involved no risk, but it does and this means you can lose all your money.
You also have to leverage your money. Most Forex brokers allow you to hold a certain amount of money in your account, but you have to leverage that amount by over 200 times. You can't just trade 100 dollars for 100 Euros on the forex.
The only way to do that is at the airport and you pay a large fee for that.
Of course you can reduce your risk by knowing what your doing, but it's there. There is a debate on whether forex trading is gambling or investing.
What I don't like about Forex trading as an individual trader you face lots of competition from large financial institutions with highly trained traders, big pockets and the best software and hardware to trade.
Online marketing is a very broad term, so I'm going to talk about affiliate marketing. With affiliate marketing in the simplest of terms is when you post a link and if someone clicks on that link and goes to a website and buys something you make money.
I honestly, don't think there is an easier way to make money online. If you know of one, please leave a comment below because I've looked hard. I'm a lazy guy.
Some people think that affiliate marketing is dying or saturated. The truth is there is a right way to do it and of course a wrong way to do affiliate marketing.
What I like about affiliate marketing is there is no risk and tons of upside if you know what your doing. I know what your probably thinking and that is what about spending money on a website, an autoresponder, education and advertising?
You can do affiliate marketing without a website and autoresponder. What is very cool is you can partner with another marketer to use their sales funnel to make you money. This makes it even easier.
How good this is depends on the deal you make with them. The worst deal is a CPA affiliate where you make around $1 dollar when you give a lead to a marketer I think. That marketer can then make thousands of dollars from the lead, while you make a dollar.
You don't need a website or even to spend money on an autoresponder. You don't need to spend money on advertising. There are plenty of ways to advertise using free tools. The only thing you really are risking is your reputation, looking stupid and getting some troll comments.
If you can handle that then your good to go. Heck, you can even get started without spending money on education. However, you risking spending lots of time, energy and money doing the wrong stuff.
Getting the right education is probably your best investment. This has to do with anyway to make money, even Forex.
I hope this video or podcast was helpful, if it was please hit the thumbs up button. Also your feedback is always appreciated. Have you done Forex before? What has been your experience with it?
If you are interested in making money with affiliate marketing there is 1 person I highly recommend you check out. He has been doing it for 20 years and he helped me out a lot.
To view who this person is click on the link below or go to the website at
. Bye for now.
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