“but it’s a bear market” coping mechanism activated.
View on r/NepalStock by captainright1
Tag: popular
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What is Domaining? How to Begin a Domain Name Business
For those who are unfamiliar with the domaining business, it entails buying, selling, developing, and monetizing domain names. It is, in fact, a BIG business with the potential to earn you a million dollars. You may not believe me, but when you consider that AsSeenOnTv.com was sold for $5.1 million, Autos.com was sold for $2.2 million, Express.com was sold for $1.8 million, and so on.
It’s a million-dollar business, but it’s not just about big names; expert domainers frequently make $10,000 or $100,000 on unknown domains as well. With so many new domain name extensions entering the market and so many businesses closing down and abandoning premium domain names on a daily basis, the industry is constantly growing. This expansion brings with it an ever-increasing potential for success, but it also brings with it a slew of new challenges.
This article will go over a few important checklist items to think about when starting a domaining business from scratch.
1- Recognize that you will need some money to make more money:
Yes, money is required to start a domaining business, and it can range between $100 and $100,000. Successful domainers typically own a large number of domains to build their portfolio, but you can begin with a small number. A lot depends on the business model you choose, and your financial needs will vary accordingly.
2- Skills Required
To be honest, you don’t need any specific skills, but you should be eager to learn, gain experience, and grow. The best way to learn about domaining is to do it yourself. To be successful in your domaining business, you will need experience, which you will gain through experimentation and learning from relevant domaining resources such as Purely Space. Never close the doors to learning, and you will find success!
3- Be Aware of and Understand the Risk:
In reality, no business is risk-free, and domaining business is no exception. You must be aware of the various types of risks associated with the domaining business, such as domain marketplace scams, the value of.com names (or other top-level domains) decreasing for various reasons, typosquatting popular companies can result in a lawsuit from the company, and so on. Domaininvesting.com has correctly described the five types of risks associated with the domaining business.
4- Avoid the Wrong Ways to Make Money from Domaining:
Every business has ethical and unethical ways to make money, and the domaining business has some unethical ways to make money as well. It is critical to be aware of and avoid these bad habits. The following business models should be avoided:
- Domain hijacking is the process of stealing an internet domain name from its rightful registrant.
- Cybersquatting is the practice of registering domain names in bad faith in order to profit from the goodwill of a trademark that you do not own.
- Typosquatting occurs when you register domains that closely resemble popular domains, such as Goolge.com, MciroSoft.com, and so on, with the intent of gaining traffic and possibly selling the domain at a higher price. It may not be illegal, but it increases the likelihood of a lawsuit from the companies.
5- Discovering the Most Profitable Strategy:
If you are serious about getting into the domaining business, the best option is to go the legal route, which is both risk-free and highly rewarding. Here are some of the most successful domaining business models.
- Domain monetization is one of the best business models because it is low risk, completely legal, and can yield massive profits. You purchase domains, create strategies to profit from the traffic they generate, and then sell the site for anywhere between 12 and 24 times the site’s monthly revenue + brand price.
- Another business model is domain development, in which you buy brandable domains, add a website and a service to the domain, and capitalize on traffic until you sell the domain name and its service.
- Domain capitalization is a risky business model, but if you’re good at valuing domains, it can help you sell the next million dollar domain. For example, if you purchase fitandtrim.com with the expectation that a product or service with that name will be released sometime in the future, you are the only person who can purchase this domain.
In conclusion:
Make sure to choose the right business model before you begin your domaining venture. Take some time to learn about all of the different business models and then select the one that suits you best. Experienced domainers run multiple business models at the same time, but as a newcomer, it’s best to start with a single direction.
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Becoming an Investor in Nepal
Before we get into how to become an investor in Nepal, it’s important to understand who an investor is. An investor is someone who puts money into something with the hope of profiting in the future. A return is the benefit derived from such an investment. Investors are always on the lookout for high-yielding investment opportunities.
What distinguishes an investor from others?
Based on a book written by Robert Kiyosaki Rich Dad Poor Dad, people can be divided into four distinct categories in terms of generating income. They are:
1. Employee (Salary-based) are those who work for others in order to meet their needs. They are paid at the end of the month for their work. Job holders are included in this category. Employees benefit from security because they know they will be paid at the end of the month. The main disadvantage of being an employee is the lack of freedom.
2. Self-employed are individuals who work for themselves. They have more freedom than salaried employees, but they must work like salaried employees to meet their demands.
3. Businessmen are the owners of the company Business owners hire others to work for them. They create products and services in order to make money.
4. Investors invest in businesses and stocks for profit.
According to the book, in order to become wealthy, you must be either a businessman or an investor, or both.
Investing characteristics
Not all of your money can be considered an investment. There are a few factors that distinguish between spending and investing. The following are the two most important characteristics that every investor should possess:
1. Safety of principal
The principal is your machine, which can print money for you. It is in your best interest to keep your machine in good working order. When you lose your principal, you can’t make money off of it. As a result, the safety of the principal should be your top priority.
2. Adequate return
When you put your money into a good business, you get something in return. Your return can take the form of cash, shares, or stocks. What you should remember is that your principal earns you some level of return. You should not expect a return on your investment that is exponential or even out of the realm of possibility. Investing with a non-realistic expectation of return is gambling. Never put your principal at risk. It is all you have.
Benefits of being an investor
1. Beating inflation
Inflation is a term used to describe the gradual decline in the purchasing power of money. A popular saying goes, “A dollar today is worth more than a dollar tomorrow.” As an investor, you have the ability to outperform inflation and keep your money’s value constant. You should always keep an eye on inflation and strive to outperform it. Your investment return should always be greater than your country’s inflation rate.
2. Own businesses of different types
It is yet another advantage of being an investor. You can own as many and as varied businesses as you want. What you should have are some investing principles that you can use before you start investing. After you’ve established your investing principle, the world is yours to explore.
A popular investing field in Nepal
There are three main popular fields of investing in Nepal. They are:
Land and Real estate
Real estate is and has always been the best investment opportunity. Real estate investment generates income from two sources: renting and selling real estate. It can be both active and passive investment. You can actively buy and sell properties, or you can simply invest in real estate and let time do the work of calculating your income. You can always expect your property’s value to rise over time. In the meantime, you can use the money you earn from renting to cover your day-to-day expenses.
Interest yielding deposits
Banks in Nepal offer competitive interest rates on fixed deposit savings. You can protect your principal by using fixed-deposit schemes offered by commercial banks or development banks in Nepal. While cooperative companies in Nepal have high rates of return, they have a bad reputation for fraud or scams. It is not a good idea to put all of your money in cooperatives.
In Nepal, there is also peer-to-peer lending. It pays a higher interest rate on your money than institutions, but it also carries a higher risk.
Interest-bearing deposits are one of the best passive income ideas in Nepal, regardless of where you choose to invest.
Nepal Stock Exchange
Nepal Stock Exchange (NEPSE) is the country’s sole stock exchange. If you are new to this, you can read the NEPSE beginner’s guide. Investing in stocks provides you with two significant benefits. You can be a shareholder in any company you want, and you will receive an annual return. Alternatively, you can sell your stocks if the price rises. Stock investing, like real estate investing, allows you to be either an active trader or a passive investor. Stock investing can begin with as little as 100 rupees. Stocks could be the next best small business in Nepal for you.
Furthermore, the best investment you can make is in yourself. Always seek to broaden your knowledge. Read books, websites, and news to stay current. One thing that all of the best investors have in common is that they are voracious readers. As the saying goes, the more you learn, the more you earn.
Lastly…
It is not easy to become an investor. To become a good investor in Nepal and other countries, a certain set of principles and hard work are required. However, it is not as difficult as learning rocket science. Anyone can become a good investor with careful planning and dedication. There are a few things you should never forget and a few things you should never forget. Best wishes for your investment.
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Lockdown Online Job Opportunities: How to Earn Money Online during Lockdown
The covid19 pandemic is not only putting millions of people’s lives in peril, but it is also devastating the global economy. Our government has proclaimed general vacations and imposed a travel ban on the general public in order to combat the spread of Coronavirus. Nobody knows how long it will take for things to return to normal. Meanwhile, some huge organizations are downsizing their workforces, while small and mid-sized businesses are being forced to lay off employees. As a result, a large number of people are losing their employment or their salary. At this vital juncture, we’ll highlight several quarantine income opportunities, both online and offline. Keep reading to learn how you can make money during the lockdown!
Best Lockdown Income Opportunities Online
Graphic Design Jobs on the Internet
If you are a graphic designer with experience utilizing popular graphic tools such as Adobe Photoshop and/or Adobe Illustrator, you can get hired online and earn big money. Graphic designers are hired by many overseas platforms to work on little to large projects including logo design, business card design, banner design, brochure design, and so on. Here are some job vacancies in distribution.
https://www.freelancer.com/jobs/graphic-design/
https://www.behance.net/joblist
https://99designs.com
https://www.upwork.com/ab/find-work
Affiliate Marketing on the Internet
Do you like to use social media sites like Facebook, Twitter, and Instagram from time to time? Why don’t you complement your income with those sources? Any online social media channel that allows you to generate links or followers can be utilized to promote a product (made by another company). You may easily earn an affiliate fee if a viewer purchases your offered goods through your provided link. A variety of local businesses offer affiliation programs as well. Let’s have a look at some options.
https://www.daraz.com.np/wow/i/np/help-pages/daraz-affiliate-program
Affiliate marketing is a safe and secure way to earn money online. More people are choosing to affiliate marketing as a full-time career because of the attractive affiliate commission arrangements given by numerous companies. If you have good writing and/or video-making talents, as well as some SEO knowledge, you may generate a consistent income conducting affiliate marketing on your blog or YouTube. Take a peek at some of the various international affiliation channels.
https://affiliate-program.amazon.com/
http://www.cj.com/
https://shareasale.com/
Online Tutoring and Teaching Positions
Earn a comfortable living by teaching online. You can write courses based on your experience and advertise your profile on social media platforms like linkedin.com. Begin by enrolling in some low-cost or no-cost basic level courses. Consider offering some paid advanced-level skills classes if the audience responds well. Here are some local and worldwide resources for looking for online teaching employment and/or submitting your online course:
hhttps://www.udemy.com/teaching/
https://sellfy.com/sell/courses-online/
https://www.skillshare.com/teach
Writing Jobs on the Internet
Do you have an innate desire to write? Yes, you can work as a freelance writer for a range of local and online publications if you answered yes. There are a range of freelance assignments accessible, including translation, guest writing, blog post writing, essay writing, academic writing, book writing, and study, whether you’re a newbie writer or a seasoned researcher. It will enable you to teach people while also allowing you to earn money. Take a look at the resources listed below.
https://solidgigs.com/
https://remote.co/remote-jobs/writing/
https://www.freelancewriting.com/jobs/
Jobs in Online Programming
Do you enjoy working with computers? You can get hired online if you know any programming language, including PHP, Python, C#, Java, and others. Based on your degree of education and experience, you should apply for freelance programming employment. Here are a few areas where you might look for work as an internet programmer.
https://www.upwork.com/freelance-jobs/database-programming/
https://www.peopleperhour.com/freelance-programming-jobs
https://www.indeed.com/q-Online-Programmer-jobs.html
https://www.ziprecruiter.com/Jobs/Online-Programmer
Skill Based Freelancing Jobs
Don’t be concerned if you aren’t a designer, editor, or programmer. The Internet is a huge ocean of possibilities for a wide range of occupations. If you have experience in a specific field of knowledge, such as business proposal preparation, project management, or digital marketing, you should hunt for freelance employment in foreign marketplaces.
Here are some useful links:
https://www.upwork.com/freelance-jobs/online/
https://www.freelancer.com/
https://www.fiverr.com/
https://www.peopleperhour.com/
https://www.linkedin.com/jobs/
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Top 5 Ways to Earn Money for Students
Are you a college student? Do you wish to supplement your pocket money with a little additional cash? We understand that working a 9-5 office job will interfere with your studies. However, you can undertake an online job in your leisure time without investing any money. You can make good money from an internet job if you work hard. Many Nepalese people work full-time from their homes doing online work. There are no headaches from the 9-5 office job, and there are no headaches from the boss. You have the option of being your own employer. You can work whenever you wish. You’ll make some extra money in your spare time, and it won’t interfere with your studies.
But first, you should be aware that there are numerous scams involving online jobs on the internet. You must be aware of the deception. “Earn $1000 a day,” “$100 per hour,” and “earn $100 while you sleep” are some of the advertisements. They’re all con artists. You must be aware of their existence.
Yes, you can make the money mentioned above, but it will take a lot of commitment, time, knowledge, and hard work. You should make it a full-time job. However, for a student whose primary attention should be on their studies, earning $100 or $1,000 every day without a significant time or financial investment is nearly difficult. However, as in Nepal, $100 a month is sufficient for students’ pocket money, which they can earn completing internet jobs in their leisure time without investing.
To do the online work, you’ll need decent computer skills and access to the internet. So, let’s get started.
1. YouTube
YouTube is the finest and simplest way to earn money online without having to invest any money. You must have just used YouTube to look for videos. However, did you know that YouTube compensates the video’s publisher for each view? You can also make money using it. You don’t need a professional video camera to do this. It will be done for you via your smartphone. Make a video using your smartphone that is amusing, entertaining, or interesting. Make a video that you think people will enjoy. Create a YouTube channel, monetize it with Adsense, and when your videos go viral or receive a lot of views, you’ll be able to start making money right away.
2. Blogging
Blogging is an online diary in which one or more people publish articles in chronological order on any topic and keep it updated on a regular basis. You can create your own blog if you are an expert on any subject. There are numerous platforms from which to launch a blog. Blogger.com, on the other hand, is the greatest blogging platform for beginners or students. You can start writing articles on a blog without spending any money. Use social media to spread the word about this article. Once you have a good number of visitors, you can monetise your site with Adsense. After that, you will be compensated when someone views your blog and clicks on your advertisements.
3. PTC (Paid To Click)
PTC is another option to make a small amount of money without having to invest anything. We used the word “little” because it only pays a small amount every click. If you search the Internet for PTC websites, you will find a plethora of them, however the most of them are scams and fakes. So, before joining such a website, you should check the website’s review on the internet or ask me. If you wish to work on PTC sites, we propose Clixsense.com or Neobux.com. After you join the website, they will send you adverts to click, and they will pay you as little as 0.01$ (about NRs) for each click. Worst of all, there is a daily limit on the number of advertising you can receive. So, we wouldn’t encourage it, but if you’re lazy and don’t want to put in the effort to write or upload videos to YouTube, it’s worth a go.
4. Facebook
In both the United States and Nepal, Facebook is the most popular social networking site. It is Nepal’s most viewed website, ranking first. You must have a Facebook account if you are reading this post; if not, you may establish one. The majority of students’ time is spent on Facebook. So, you’re wondering how you make money on Facebook. Create a Facebook page for a certain topic, post updates on a regular basis, and grow the page. You can sell your Facebook page once you have a large number of fans. Many people purchase Facebook pages at a reasonable fee. All you have to do is put forth the effort. This does not necessitate any financial investment.
5. Affiliate Marketing
Affiliate marketing is a type of web marketing that allows you to promote a product from a variety of vendors. As a result, if you become an associate of a merchant and want to advertise their product, you will be given a unique link. You can promote the link for free on many forums and social networking sites such as Facebook, Twitter, and YouTube. And if someone buys something through your link, you get paid a percentage of what the dealer offered. This is difficult, but if you put in the effort, you can make a lot more money with Affiliate Marketing. Though affiliate marketing can help you make a lot of money if you invest, it can also help you make a lot of money if you don’t.
These are the 5 internet jobs for students who want to make money without having to invest any money. We’ve just touched on a small portion of it. If you want to do any of the above-mentioned online occupations, please let us know in the comments section or contact us. We’ll provide you a step-by-step tutorial to get you started.
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Introductory Tips on Trading Stocks
Everyone is looking for a quick and easy way to riches and happiness. It seems to be human nature to constantly search for a hidden key or some esoteric bit of knowledge that suddenly leads to the end of the rainbow or a winning lottery ticket.
While some people do buy winning tickets or a common stock that quadruples or more in a year, it is extremely unlikely, since relying upon luck is an investment strategy that only the foolish or most desperate would choose to follow. In our quest for success, we often overlook the most powerful tools available to us: time and the magic of compounding growth. Investing regularly, avoiding unnecessary financial risk, and letting your money work for you over a period of years and decades is a certain way to amass significant assets.
Here are several tips that should be followed by beginning investors.
âEveryone is looking for a quick and easy way to riches and happiness. It seems to be human nature to constantly search for a hidden key or some esoteric bit of knowledge that suddenly leads to the end of the rainbow or a winning lottery ticket.
While some people do buy winning tickets or a common stock that quadruples or more in a year, it is extremely unlikely, since relying upon luck is an investment strategy that only the foolish or most desperate would choose to follow. In our quest for success, we often overlook the most powerful tools available to us: time and the magic of compounding growth. Investing regularly, avoiding unnecessary financial risk, and letting your money work for you over a period of years and decades is a certain way to amass significant assets.
Here are several tips that should be followed by beginning investors.
1. Set Long-Term Goals
Why are you considering investing in the stock market? Will you need your cash back in six months, a year, five years or longer? Are you saving for retirement, for future university expenses, to purchase a home, or to build an estate to leave to your beneficiaries?
Before investing, you should know your purpose and the likely time in the future you may have need of the funds. If you are likely to need your investment returned within a few months, consider another investment; the stock market with its volatility provides no certainty that all of your capital will be available when you need it.
By knowing how much capital you will need and the future point in time when you will need it, you can calculate how much you should invest and what kind of return on your investment will be needed to produce the desired result.
Remember that the growth of your portfolio depends upon three interdependent factors:
- The capital you invest
- The amount of net annual earnings on your capital
- The number of years or period of your investment
Ideally, you should start saving as soon as possible, save as much as you can, and receive the highest return possible consistent with your risk philosophy.
2. Understand Your Risk Tolerance
Risk tolerance is a psychological trait that is genetically based but positively influenced by education, income, and wealth (as these increase, risk tolerance appears to increase slightly) and negatively by age (as one gets older, risk tolerance decreases). Your risk tolerance is how you feel about risk and the degree of anxiety you feel when risk is present. In psychological terms, risk tolerance is defined as âthe extent to which a person chooses to risk experiencing a less favourable outcome in the pursuit of a more favourable outcome.â In other words, would you risk NPR 1000 to win NPR 10,000? Or NPR 10,000 to win NPR 10,000? All humans vary in their risk tolerance, and there is no ârightâ balance.
Risk tolerance is also affected by oneâs perception of risk. For example, flying in an aeroplane or riding in a car would have been perceived as very risky in the early 1900s, but less so today as flight and automobile travel are common occurrences. Conversely, most people today would feel that riding a horse might be dangerous with a good chance of falling or being bucked off because few people are around horses.
The idea of perception is important, especially in investing. As you gain more knowledge about investments â for example, how stocks are bought and sold, how much volatility (price change) is usually present, and the difficulty or ease of liquidating an investment â you are likely to consider stock investments to have less risk than you thought before making your first purchase. As a consequence, your anxiety when investing is less intense, even though your risk tolerance remains unchanged because your perception of the risk has evolved.
By understanding your risk tolerance, you can avoid those investments which are likely to make you anxious. Generally speaking, you should never own an asset which keeps you from sleeping in the night. Anxiety stimulates fear which triggers emotional responses (rather than logical responses) to the stressor. During periods of financial uncertainty, the investor who can retain a cool head and follows an analytical decision process invariably comes out ahead.
3. Control Your Emotions
The biggest obstacle to stock market profits is an inability to control oneâs emotions and make logical decisions. In the short-term, the prices of companies reflect the combined emotions of the entire investment community. When a majority of investors are worried about a company, its stock price is likely to decline; when a majority feel positive about the companyâs future, its stock price tends to rise.
A person who feels negative about the market is called a âbear,â while their positive counterpart is called a âbull.â During market hours, the constant battle between the bulls and the bears is reflected in the constantly changing price of securities. These short-term movements are driven by rumours, speculations, and hopes â emotions â rather than logic and systematic analysis of the companyâs assets, management, and prospects.
Stock prices moving contrary to our expectations create tension and insecurity. Should I sell my position and avoid a loss? Should I keep the stock, hoping that the price will rebound? Should I buy more?
Even when the stock price has performed as expected, there are questions: Should I take a profit now before the price falls? Should I keep my position since the price is likely to go higher? Thoughts like these will flood your mind, especially if you constantly watch the price of a security, eventually building to a point that you will take action. Since emotions are the primary driver of your action, it will probably be wrong.
When you buy a stock, you should have a good reason for doing so and an expectation of what the price will do if the reason is valid. At the same time, you should establish the point at which you will liquidate your holdings, especially if your reason is proven invalid or if the stock doesnât react as expected when your expectation has been met. In other words, have an exit strategy before you buy the security and execute that strategy unemotionally.
4. Handle Basics First
Before making your first investment, take the time to learn the basics about the stock market and the individual securities composing the market. There is an old adage: It is not a stock market, but a market of stocks. Your focus will be upon individual securities, rather than the market as a whole. There are few times when every stock moves in the same direction; even when the averages fall by 100 points or more, the securities of some companies will go higher in price.
The areas with which you should be familiar before making your first purchase include:
- Financial Metrics and Definitions. Understand the definitions of metrics such as the P/E ratio, earnings per share (EPS), return on equity (ROE), and compound annual growth rate (CAGR). Knowing how they are calculated and having the ability to compare different companies using these metrics and others is critical.
- Popular Methods of Stock Selection and Timing. You should understand how âfundamentalâ and âtechnicalâ analyses are performed, how they differ, and where each is best suited in a stock market strategy.
- Stock Market Order Types. Know the difference between market orders, limit order, stop market orders, stop-limit orders, trailing stop-loss orders, and other types commonly used by investors.
- Different Types of Investment Accounts. While cash accounts are the most common, margin accounts are required by regulations for certain kinds of trades. You should understand how margin is calculated and the difference between initial and maintenance margin requirements.
Knowledge and risk tolerance are linked. As Warren Buffett said, âRisk comes from not knowing what you are doing.â
5. Diversify Your Investments
Experienced investors such as Buffett eschew stock diversification in the confidence that they have performed all of the necessary research to identify and quantify their risk. They are also comfortable that they can identify any potential perils that will endanger their position, and will be able to liquidate their investments before taking a catastrophic loss.
The popular way to manage risk is to diversify your exposure. Prudent investors own stocks of different companies in different industries, sometimes in different countries, with the expectation that a single bad event will not affect all of their holdings or will otherwise affect them to different degrees.
Imagine owning stocks in five different companies, each of which you expect to continually grow profits. Unfortunately, cirplusstances change. At the end of the year, you might have two companies (A & B) that have performed well so their stocks are up 25% each. The stock of two other companies (C & D) in a different industry are up 10% each, while the fifth companyâs (E) assets were liquidated to pay off a massive lawsuit.
Diversification allows you to recover from the loss of your total investment (20% of your portfolio) by gains of 10% in the two best companies (25% x 40%) and 4% in the remaining two companies (10% x 40%). Even though your overall portfolio value dropped by 6% (20% loss minus 14% gain), it is considerably better than having been invested solely in company E.
6. Avoid Leverage/Margin Loan
Leverage/Margin loan simply means the use of borrowed money to execute your stock market strategy. In a margin account, banks and brokerage firms can loan you money to buy stocks, usually 50% of the purchase value. In other words, if you wanted to buy 1000 shares of a stock trading at NPR 100 for a total cost of NPR 100,000, your brokerage firm could loan you NPR 50,000 to complete the purchase.
The use of borrowed money âleversâ or exaggerates the result of price movement. Suppose the stock moves to NPR 200 a share and you sell it. If you had used your own money exclusively, your return would be 100% on your investment [(200,000 -100,000)/100,000]. If you had borrowed NPR 50,000 to buy the stock and sold at NPR 200 per share, your return would be 300 % [(200,000-50,000)/$50,000] after repaying the NPR 50,000 loan and excluding the cost of interest paid to the broker (which is usually 16% and over).
It sounds great when the stock moves up, but consider the other side. Suppose the stock fell to NPR 50 per share rather than doubling to NPR 200, your loss would be 100% of your initial investment, plus the cost of interest to the broker [(50,000-50,000)/50,000].
A margin is a tool that can go extremely bad in a stock market like Bangladesh.
Final Thoughts
Stock investments historically have enjoyed a return significantly above other types of investments while also proving easy liquidity, total visibility, and active regulation to ensure a level playing field for all. Investing in the stock market is a great opportunity to build large asset value for those who are willing to be consistent savers, make the necessary investment in time and energy to gain experience, appropriately manage their risk, and are patient, allowing the magic of compounding to work for them. The younger you begin your investing avocation, the greater the final results â just remember to walk before you begin to run.
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Earn Money Online in Nepal | Quick & Easy Ways
Looking to earn money online in Nepal and donât know where to start. Then you came to the right place as we will tell you how to earn money online in Nepal without any investment.
Who doesn’t want to make money online without having to put any money down? Everyone wants to make money, and everyone need cash. First and first, I’d like to state unequivocally that there is no easy or quick way to make $1,000 in a single day. I’m not saying it’s impossible to make a thousand dollars, but there’s no such thing as an easy way.
For the past few years, there have been various scam websites and news reports claiming that you can easily make money online, and I would like to inform you that all of them are false, and you should not fall for such nonsense.
Can we Earn Money Online in Nepal?
Yes, you certainly can. However, you must be dedicated and focused on specific aspects and refrain from falling for the phony scams and promises.
Isn’t it true that making money online has long been a hot topic in Nepal? When people in Nepal are asked how to make money online, they frequently respond with Data Entry or Captcha Writing. It’s not just restricted to these things; there are hundreds of other ways to make money.
If you’re looking for a way to make money online in Nepal without doing data entry or something similar, here is the place to be. Data entry is one way to generate money online, but there are a variety of other ways to make money online in Nepal. Instead of data input, you can make more using these approaches.
What are the challenges and problems that make earning money online is difficult?
As we work online, the payment is also done online and the payment method is one of the most challenging aspects as PayPal is one of the most used payment methods and Nepal doesnât support this payment method. Other than that there are no challenges that will stop you from earning money online.
How to solve the problem related to this?
There is always a solution to a problem, and this one is no different. You might ask family or friends who live in a country that accepts PayPal payments to collect your money and transfer it to your account.
Another option is to use Payoneer, which only charges a few percent of the amount when withdrawing from local banks.
What are the different ways to earn money online in Nepal?
I’ll show you 7 easy ways to make money online in just a few minutes. However, you must concentrate on these factors because making money online might be difficult. It’s possible that you won’t make $10 in the beginning. To make money online, you must have patience because it requires a lot of devotion and effort. You can make more than 1000$ every month once you have that. In today’s Nepal, many people are making a solid living by using YouTube and Google AdSense to make money. In this article, I will discuss seven alternative ways to make money online in Nepal.
How to Earn Money Online in Nepal?
- Facebook Marketing
- YouTube
- Blogging
- Google AdSense
- Affiliate Marketing
- Freelancing
- Sponsored Ads and Reviews
Facebook Marketing
I’d want to inform you ahead of time that Facebook does not pay businesses or people. So, how are we expected to make money off of Facebook? There are a variety of ways to profit from Facebook. Being an Influencer is one of the finest ways to make money on Facebook. An influencer is someone who has a larger-than-average impact on their following. You can be an influencer if you have a large number of followers on social media and can persuade them to do something. This is a great way to get money. There are a variety of brands on the market that wish to use social media to promote their products and services. There is a place where you can approach them and engage with the brands, as well as promote their brands on your profile, pages, and even groups for a fee.
YouTube
After Google, YouTube is the world’s second most popular search engine and the most popular video search engine. This provides you with a huge audience. Many people have recently begun to monetize Google and, as a result, have made a significant amount of money.
You might be wondering how we get money from YouTube. Many vloggers, singers, TV networks, YouTubers, Dancers, and others have made a lot of money using YouTube in recent years.
What would you need?
To begin, you must first create a YouTube channel. To apply for Monetization on YouTube, you must have 1000 subscribers and 4000 hours of playtime in the previous 12 months, and you must update your material and videos on a regular basis. It’s challenging at the beginning, but after you’ve mastered it, you can quickly make money with YouTube.
To reach the 1K subscriber mark and 4000 hours of playtime, you must be incredibly creative and conduct extensive research on what people like to watch and how you can provide it to them. Creating new material and getting people to view it is a difficult task. However, once you have the necessary information and understanding, you can simply accomplish this.
How can you earn through YouTube?
You can sign up for AdSense and link it your YouTube account. Once your AdSense account gets verified, the ads will be displayed in your videos. You will be paid if someone clicks the ads in your videos or per 1000 impressions.
Blogging
When it comes to making money online, blogging is undoubtedly one of the most effective strategies. Blogging is a way to earn money without having to work. Then there’s blogging, where there’s no way of knowing how much money you’ll make. It is entirely dependent on how much time you devote to your site. You can make a thousand dollars in a month or simply ten dollars. As a result, it is entirely dependent on your work, as well as how you do research and incorporate those findings in your blog. If blogging is your hobby and you enjoy it, there is no limit to how much money you can make.
How to start a blog?
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First and foremost, you will require a blog; if you do not already have one, you may create one using several free platforms such as WordPress or BlogSpot, which will provide a blog under a subdomain under their main domain. I recommend that you utilize WordPress to start your own blog. Before you start a blog, you should conduct a lot of research to figure out what niche you want to focus on. To begin, conduct research and then apply what you’ve learned to your blog.
When you first start blogging, you may not be able to make any money because there are many things to learn before earning money through a blog. Continue to update your blog on a regular basis, and after 5 to 6 months, you will begin to earn money from it.
What are different ways to make money with blogging?
- Advertisement
- Affiliate Marketing
- Google AdSense
- Selling Products Online
- Paid Guest Post Service
- Different Ad Networks like Content.ad, info links, Taboola etc.
Google AdSense
In Nepal, Google AdSense is one of the most popular ways to make money online. All you need is a website or a YouTube channel to start monetizing your website or YouTube channel by placing Google advertisements on your website. When someone visits your website or subscribes to your YouTube channel, you will be rewarded.
Oh, you may be wondering on how to apply for Google AdSense with a website?
Itâs very easy to apply for AdSense, all you need is to follow these steps:
- Sign in to AdSense
- Fill Up the Form and Continue
- AdSense will provide a code, copy that code and paste it into your head section. i.e. <head> CODE </head>
- Wait for the verification for google, and if the code is verified then you will see the Ads being displayed in your account.
Note: There are certain Terms and Condition that needs to be followed to get approved by google AdSense.
How can you withdraw your earning?
- Western Union
- Bank Transfer
- Check Method
Affiliate Marketing
One of the most effective ways to make money online is through affiliate marketing. People are making a lot of money with affiliate marketing these days, with some earning over $2,000 each month. So, if they can do it, you can certainly do it. All you need is commitment and desire, and after a few months, you’ll be making $1,000 each month.
You may be wondering, what is Affiliate Marketing?
In simple terms, you get a commission each time if someone purchases certain products with your reference. For example, someone buys a smartphone from amazon where the customer was redirected to amazon through your link.
How can you start Affiliate Marketing?
First and foremost, you must determine which affiliate product best meets your needs or that you wish to market. There are hundreds of things to choose from; all you have to do is decide which one you want to sell.
Physical and digital products are the two sorts of products you can promote. Guides, books, software, video courses, and other digital products provide a high commission range of 50 percent to 75 percent.
Following that, you’ll need a website or a blog. If you already have a blog, that’s excellent; otherwise, you’ll need to make one where you’ll affiliate the products. Include your affiliate links on your website and market it. As your users, they are one of the most crucial components in developing a good audience. Share your content on social media and in other forums to reach the correct audience.
After a few months, you should be able to make a respectable living through affiliate marketing.
THE FACT IS THAT AFFILIATE MARKETING IS NOT EASY MONEY! DO NOT CONSIDER AFFILIATE MARKETING UNLESS YOU ARE WILLING TO WORK HARD AND SPEND TIME (AT LEAST A YEAR OR MORE). LEAVE. IMMEDIATELY.
Freelancing
If you have certain skill sets that can assist others expand their business, freelancing provides a fantastic atmosphere to work from home and market your service. Freelancing has become increasingly popular in Nepal in recent years because it does not require any type of investment or compulsion to work a 9 to 5 job. When you freelancing, you are your own boss because you work on your own schedule.
Some of the most used skills in freelancing:
- Web Development
- App Development
- Web Designing / UI-UX Designing
- SEO (Search Engine Optimization)
- Content Writing
- Photography
- Logo Designer / Photo Editor
- Data Entry
- Video Editor
The above-mentioned skills are most-used skills in freelancing and most paid also. If you have these certain skills then you can earn a good amount of money through freelancing.
Some of the top-rated freelancing sites where you can earn good money are:
- Fiver
- Freelancer
- Up Work
- Peopleperhour
- SeoClerk( Especially for SEO and Digital Marketing )
Sponsored Ads and Reviews
Sponsored Ads is another technique to make money online in Nepal if you have a blog with a fair quantity of traffic and readers. Various brands are attempting to advertise their products or services, and you can connect with them and run sponsored adverts on your site to promote their offerings.
You could also opt for Sponsored Reviews. You can do sponsored evaluations of various underappreciated products if you have a tech-related website or something similar. All you have to do is write product reviews and you will get compensated. Some businesses seek to earn their consumers’ trust, and your evaluations can assist them. It is without a doubt the simplest way to make money online in Nepal.
Many people in Nepal are suffering and having problems with the online payment system since their PayPal accounts are not valid in Nepal. Though there are a few other ways to obtain the funds you have earned. And for a PayPal account, there are three EASY AND LEGAL WAYS to do so in Nepal.
Final Words
Making money online isn’t easy, but it’s also not impossible. All you need is a little amount of hard effort and determination. Don’t ask someone how to make money online in Nepal anymore; you can do it yourself without the fakes and scammers.
Don’t get carried away with the hundreds of ways to make money online. Simply choose a handful that are appropriate for you and focus your efforts on those few methods. You will be making a good quantity of money after a few months. Simply keep yourself motivated by setting a goal and never stopping until you reach it. If you achieve one objective, create a new goal that is a bit more difficult, and keep going until you reach all of your goals.
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The Cryptocurrency debate: Is legitimacy necessary?
Cryptocurrency, or “decentralized electronic currency,” is gaining popularity around the world these days. Last January, Nepal’s neighbor India published a “National Strategy on Blockchain” to regulate the technology. However, such currencies and transactions are absolutely prohibited in Nepal.
On the Internet recently, there has been a lot of discussion and information concerning cryptocurrencies. However, in Nepal, a correct understanding of this has yet to be created. Many people have heard of Bitcoin and have a basic knowledge of it. People, on the other hand, seemed to comprehend that âcryptocurrency’ means âbitcoin,’ and that âbitcoin,’ in turn, means âcryptocurrency.’ Not only the general people, but also the Nepal Rastra Bank, appears to believe this.
On the 13th of August 2017, the NRB issued a statement claiming that âBitcoin transactions are unlawful in Nepal.’ This, however, has no bearing on other cryptocurrency coins.
Cryptocurrency and Bitcoin
According to CoinMarketCap, there are already over 10,000 cryptocurrencies in circulation around the world. Bitcoin, the first cryptocurrency, is the most valued and widely used. A Japanese programmer invented Bitcoin in 2009.
Thousands of cryptocurrencies, such as Bitcoin, are now available around the world. Ethereum, Polkadot, Ripple, and Dogecoin are examples of cryptocurrencies. In Nepal, however, the belief that Bitcoin is the only cryptocurrency is widespread.
Is it due to a lack of awareness or carelessness?
All economic transactions in Nepal are regulated by the Nepal Rastra Bank. The bank’s policy capacity is called into doubt by its statement on Bitcoin, which is also the guardian of banks, financial institutions, and digital service providers in the country.
Foreign exchange transactions can only be carried out with a license from the Rastra Bank, according to Nepalese legislation. Money must be remitted abroad to trade and invest in bitcoin. The NRB’s declaration on Bitcoin, which came after it was proclaimed that moving money overseas without permission is prohibited, appears to have caused even greater confusion among the people. Is it allowed to invest in other coins? This is an intriguing question that occurs.
Investing possibilities
The worldwide media has recently reported on persons who have made millions of dollars by investing in cryptocurrency.
Two weeks ago, it was reported that a high-ranking Gold Sachs employee had resigned after earning tens of millions of dollars using DogeCoin. Similarly, word circulated quickly that a 25-year-old American had become a millionaire at such a young age by investing in Bitcoin. While its investment and business are growing in Europe and the United States, as well as in India, it is outlawed in Nepal.
At first look, Bitcoin does not appear to be a viable investment option in Nepal, where it is prohibited to transmit money overseas without the approval of the central bank. However, based on posts and statuses on social media and in groups, it appears that a significant quantity of money is being traded surreptitiously from Nepal.
Nepalis are investing in several ways, such as through the creation of websites, peer-to-peer transactions, or through friends and relatives residing abroad. People that invest in cryptocurrencies join groups on social media sites such as Facebook, WhatsApp, and Viber to trade it. Transactions, on the other hand, are not readily apparent because it is against the law.
Limitation of the declaration of illegality to paper
Many business operations that have been declared illegal by Nepalese law have not been stopped by the government. It doesn’t matter if it’s betting, Hundi, or e-commerce.
The indifference of stakeholders, despite the fact that the government’s policies and judgments are limited to paper, and the knowledge that comes out in pieces about these transactions that are done invisibly, is astounding.
Khalti, a digital service provider, alerted the Rastra Bank in April, requesting an investigation into the transaction statements of roughly a thousand users on suspicion of betting. However, the NRB has yet to take any action or make any statements in this regard.
Similarly, despite the fact that the Hundi business of transporting money from Nepal to foreign countries is unlawful, it appears that no action has been taken. Similarly, the Nepal Rastra Bank and the government appear to be on the same page when it comes to Bitcoin.
Is it important to have legitimacy?
This can be viewed from two angles. The world’s most powerful economies have endorsed cryptocurrencies, proclaiming it to be the currency of the future. Cryptocurrencies are being used to pay for restaurant bills, Netflix subscriptions, Tesla cars, and even sports tickets in some regions.
Its instantaneous legitimacy is unthinkable in Nepal, where moving money overseas is a crime. However, if Nepalese policymakers can interpret cryptocurrencies and Bitcoin differently in the near future, it may obtain legitimacy.
Trading in cryptocurrencies, which resembles stock market transactions, is less expensive than trading in fiat money (rupee, dollar, euro, pound, etc.) since cryptocurrency transfers do not require the use of a third party (bank). Without the need of a third party, money can be sent from anywhere in Nepal to anywhere in the world.
Cryptocurrency transactions are made feasible via blockchain technology. As a result, there is no need for a third party to complete the transaction. As a result, transactions are simple, secure, and rapid.
How do the transactions take place?
By opening a TMS account, you can purchase and sell cryptocurrency in the same manner you can buy and sell stocks (on the stock market). Buying and selling takes place on a variety of platforms. It can be traded on sites such as Binance, Crypto.com, Robinhood, Etoro, and Coinbase, for example.
To store this, you’ll need a crypto wallet. The use of blockchain technology is thought to be safe and dependable. To put it another way, transactions on the platforms can be compared to money kept in eSewa, and using a crypto wallet to make bank account deposits.
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ISP Toll-Free Numbers in Nepal
The Nepal Telecommunications Authority (NTA) has made toll-free numbers mandatory for Internet Service Providers (ISPs) in Nepal. This means that, sooner or later, every ISP will need their own toll-free number. To summarize, toll free numbers are phone numbers that can be used to contact Nepal’s Internet Service Providers for free.
ISPs must hold toll-free numbers for efficient customer care, assistance, and internet supply maintenance, according to NTA guidelines. Furthermore, toll-free numbers can boost not only internet access but also customer service. Furthermore, with toll-free numbers, consumers would be able to openly and conveniently express their dissatisfactions, suggestions, and questions.
We’ve compiled a list of toll-free numbers for some of Nepal’s most popular Internet service providers.
ISPs Toll free numbers Nepal Doorsanchar Company Ltd. | Nepal Telecom 1498, 198 Worldlink Communications Ltd. 166001-55050 Subisu Cablenet Pvt. Ltd. 166001-59999 Classic Tech Pvt. Ltd. 16600150999 Vianet Communication Pvt. Ltd. 16600188444 Nepal Doorsanchar Company Ltd. | Nepal Telecom Toll-free Number
Nepal Doorsanchar Company Ltd., widely known as NTC or Nepal Telecom, is the prestigious telecommunication service provider in Nepal. Along with telecom, the company is also a famous internet service provider. Itâs contact details are:
- NTC Toll-free number: 1498, 198
- Head office: 977-1-4210106, Kathmandu
- Email: ntc.cco@ntc.net.np
Worldlink Communications Ltd. Toll-free number
Worldlink is one of the renowned and largest internet and network service providers in Nepal. The company has been providing quality internet services. In addition to this, its services are ever-improving. But things arenât perfect forever, thatâs when the need to contact them comes in. Their contact details are:
- Worldlink Toll-free number:166001-55050(NTC)
- Head office: 977-9801523050 (Ncell) & 977-01-5970050 (NTC), Jawalakhel, Lalitpur
- Email: info@worldlink.com.np
Subisu Cablenet Pvt. Ltd. Toll free number
Subisu is another prestigious ISP in Nepal. Initially, the company served as a cable & fiber internet and Digital TV service provider. With this been said, Subisu becomes a multi-tasker. To contact Subisu:
- Subisu Toll free number:166001-59999
- Head office: 01-4429616, Baluwatar, Kathmandu
- Email: info@subisu.net.np
Classic Tech Pvt. Ltd. Toll-free Number
Classic Tech is another competitive internet and network service provider in Nepal. Moreover, it is a licensed company to provide trustworthy customer service to its users. Itâs contact details are:
- Classic Tech Toll-free number: 16600150999
- Head office: 9801006633, New Baneshwor, Kathmandu
- Email: info@classic.com.np
Vianet Communication Pvt. Ltd. Toll-free number
Vianet is one of the leading internet and TV service providers in Nepal. Since very long, the company has been serving people with high end internet service. And even today, youâll find people appreciating itâs internet quality and speed. To contact them:
- Vianet Toll free number: 16600188444
- Head office: 01-5970444, Jawalakhel, Lalitpur
- Email: support@vianet.com.np
Additionally, the list of other ISPs with their toll free numbers are as follows:
Other ISPs Toll free numbers Broad Band Nepal Pvt. Ltd. 166071-52004 (For NTC users) Techminds Networks Pvt. Ltd. 16605651222 (For NT Users), 9801575666 (For Ncell Users) East Link Technology Pvt. Ltd. 166001-95985 Sky Broadband Pvt. Ltd. 166001-58887 Himalayan Online Services Pvt. Ltd. 16600149520 Arrow Net Pvt. Ltd. 16600142222 Metrolink Business Group Pvt. Ltd. 16607156222 Big Marshyangdi Net Pvt. Ltd. 9801565666 Prabhu Digital Ltd. 16600178999,
980157199Mercantile Communication Pvt. Ltd. 16600100822 Super Eight Network Pvt. Ltd. 9801575750 Infonet Communication Pvt. Ltd. 1660774002 Unified Communication Pvt. Ltd. 16602358666 Broadlink Communication Pvt. Ltd. 9801571235 TechMinds Network Pvt. Ltd. 16605651222,
9801575666Ultra Net Communication Pvt. Ltd. 16601166729 Web Network Pvt. Ltd 16607156555 First Link Communications Pvt. Ltd. 16602358555 Everest Wireless Network Pvt. Ltd. 9801571005 ( For NCELL users), 16608352003 Simpal Media Network Pvt. Ltd. (SIMTV ) 9801544000 Mahakali Digital Network Pvt. Ltd. 1660017899 (For NTC users),
9801571999 (For NCELL users)Shangrila Informatics Pvt. Ltd. 16600102725 Sustainable Networks Pvt. Ltd. 16600119335 Loop Networks Pvt. Ltd. 9801571570 Kriti Darshan Media Pvt. Ltd. 16602558558 Dish Home Pvt. Ltd. 16600122000 Super Sitapaila Net.Pvt. Ltd. 16600162222 Web Surfer Nepal Communications System Pvt. Ltd. 16600170222 Lumbini Max Digital Cable Net Pvt. Ltd. 16607156333 Meta Link Pvt. Ltd. 16600194541 Acme Technical Institute Pvt. Ltd. 16607852010 WiFi HD Nepal Pvt. Ltd. 9801567779 VNS Technology Pvt. Ltd. 16604152980 Zishan Networks Pvt. Ltd. 16605552786 Interweb Network Pvt. Ltd. 16606156900 City Net Pvt. Ltd. 16600193330 K.C.N. Net Pvt. Ltd. 16600115000 Net Max Technologies Pvt. Ltd. 16600156666 Cherry World Communication Pvt. Ltd. 9801571266 Waling Internet Pvt. Ltd. 16606342003 Max Net Solution Pvt. Ltd. 9801574040 Prime Network Pvt. Ltd. 16605651245 Limpid ICT Solution Pvt. Ltd. 16600164186 Regmi Media INC. Pvt. Ltd. 16607152001 Rapid Unique Network Pvt. Ltd. 16606552002 Infocom Pvt. Ltd. 16600185000 Simrik Internet Pvt. Ltd. 16606156780 Smart Link Network Pvt. Ltd. 16600100108 LNT Infotech Pvt. Ltd. 16606152020 Next Geekers Pvt. Ltd. 16600180444 Life Net Pvt. Ltd. 16608352007,
9801571888Neo Link Pvt. Ltd. 16608852305 Bihunkot Internet Pvt. Ltd. 16606852009 Nepalink Communication Pvt. Ltd. 9801571100 I zone Pvt. Ltd. 16602142001 Pathibhara Network Pvt. Ltd. 9801575959 Surkhet cable Net T.V. Pvt. Ltd. 16608352008 Syangia Media Pvt. Ltd. 16606342008 Wifi Tech Nepal Pvt. Ltd. 9801859000, 9801859004 Broadband solutions Pvt. Ltd. 16605651555 Access world Tech Pvt. Ltd. 16600151065 Smart Telecom Pvt. Ltd. 4242/14242 IBSS Nepal Pvt. Ltd. 16600181078 World Fiber Net Pvt. Ltd. 16600107555 Dolfin Net Communication Pvt. Ltd. 9801574100 Pals Network Pvt. Ltd. 16607152002 Fiber world communication Pvt. Ltd. 9801571720, 16607852003 Mithila Digital Nepal Pvt. Ltd. 16600116999 Clean Network Pvt. Ltd. 16603352002 -
How to learn any skills faster in six steps
Practice makes perfect when it comes to skills.
G. I. Joe Fallacy: the idea that knowing is half the battle. It needs to be retired not just from our theories of how the mind works, but also from our practices of trying to shape minds to work better.
As a consequence, if you want to achieve an objective, lectures alone will not suffice. You want to be more prepared. Lectures can only help you learn more. It will not provide you with the tools you need to improve your job performance.
Set (realistic) goals!
Your objectives should be SMART (Specific, Measurable, Achievable, Relevant and Time-bound).
You can also use the WOOP technique (wish, result, challenge, plan) to set goals and achieve them more quickly.
In his book Originals, Wharton Organizational Psychology Professor Adam Grant suggests that the greatest input comes from fellow creators, not from the audience or managers.
We could all rely more on peer feedback and do a better job saying, âWhen Iâve got a new idea, Iâm not necessarily going to trust my own judgment. But Iâm not always going to trust âĤ middle managers who tend to be the most risk-averse and most conservative. Iâm going to go to people who are fellow creators.â
Deliberate practice to learn any skill faster!
Regular practice may be mindless repetitions, whereas deliberate practice requires focused attention and is done with the explicit goal of increasing performance.
Benjamin Franklin’s father chastised him for his poor writing skills when he was a teenager. Franklin made a pledge to himself to improve his prose. He began by reading works by some of the most popular authors of the time. He then rewrote each essay in his own words before comparing it to the original.
World-class violinists only train for 90 minutes a day, but those 90 minutes are spent focusing on areas where they are weak or need to develop. They don’t practice what is easy for them. It’s pointless to do so. Deliberate practice, on the other hand, forces one to step outside of their comfort zone. You’re still focusing on what you need to work on, and once you’ve accomplished it, you move on to more challenging skills. It’s like turning your life into a game.
Choose the mindset required!
Carol Dweck coined the terms “fixed mentality” and “development mindset” to describe people’s beliefs about learning and intellect. Students who believe they can boost their intellect understand that perseverance pays off. As a result, they put forward more effort and commitment, resulting in increased results.
We can change someone’s perspective from fixed to development, according to studies. They become more inspired and do more as we do so. The study of brain plasticity has shown how neuronal communication changes over time. With practice, neural networks form new associations and strengthen old ones.
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Stock Trading in Nepal – An Introduction
A share is essentially a fraction of a company’s ownership. Purchasing or selling shares entails acquiring or disposing of a portion of the company’s ownership. The stock market, also known as the share market, is a place where you can buy and sell stocks. In order to raise money, public corporations usually sell shares to the public, but the stock market often trades other instruments such as debentures, bonds, and mutual funds.
Dividends are a way for you to get a piece of those companies’ earnings as a shareholder. While share trading is an exciting way to earn money both actively and passively, it is also risky since investors can have to bear the loss if the company fails. As a result, as a novice, it is important that you gain a thorough understanding of the market before investing your money in stocks.
Here is a brief introduction of how you can participate in the game of stock trading.
1. GET STARTED: OPEN A DEMAT ACCOUNT
Opening a dematerialized (DEMAT) account at one of the Depositary Participant (DP) licensed by the Central Depository System and Clearing Limited (CDSC) is a prerequisite to participate in both primary and secondary market. Most commercial banks, merchant bankers and stockbrokers provide such services. If you already own some stocks in your name, then you can give your DP to dematerialize your physical share certificates into dematerialized shares. The DEMAT account is similar to a bank account which debits and credits the shares you sell or purchase. Most DPâs also provide clients with facilities to check their DEMAT account status online as well.
2. KNOW THE MARKET
To get started in the stock market, it is essential to first understand how the market functions. Securities Board of Nepal (www.sebon.gov.np); the sole regulator of the capital market is a useful source for primary information. Its website provides information on various securities laws, investor education, and upcoming public issues amongst others. Similarly, the Nepal Stock Exchange (www.nepalstock.com) the sole secondary market; and its mobile-based application is a great source to get hands-on information. There are many other popular websites that provide constant updates about the capital market such as; Share Sansar and Mero Lagani. Furthermore daily national newspapers, websites of merchant bankers and credit rating agency â icranepal.com â also provide good information.
3. PARTICIPATE IN THE PRIMARY MARKET â APPLY IN PRIMARY OFFERINGS
One of the best opportunities to participate in the capital market is to apply for primary offers in the primary market such as; Initial Public Offering (IPO) or Further Public Offering (FPO). Most companies offer primary issues to the general public at face value of NPR 100 per stock, or at a premium based on their valuations. The risk is lower when you purchase in the primary market as you get an opportunity to buy shares at a lower cost as compared to purchasing those shares in the secondary market once they are listed. Also, look out for opportunities to participate in the primary offering of mutual fund schemes which can be a beginning point.
News about primary issues generally comes out in national newspapers and are widely announced on other media platforms. Once you know the primary issues are out, you can read their prospectus to see their detail information such as; past and projected performance, & management amongst others. You can also look at their credit rating provided by a licensed credit rating agency before making the decision to invest.
4. PARTICIPATE IN THE SECONDARY MARKETâ OPEN A TRADING ACCOUNT AT A STOCKBROKER OFFICE
All the stocks offered via the primary market are listed in the secondary market i.e. Nepal Stock Exchange (NEPSE); currently, there are 231 companies listed in the stock exchange. The secondary market provides the platform to sell the shares you hold or purchase new shares from the market. The share price of these listed companies and the value of NEPSE Index changes every day based on total demand and supply of shares in the market.
If you wish to get involved in the secondary market, you will need to open a transaction account at a stock brokerâs office. There are currently 50 stockbrokers licensed by NEPSE while there are a few stock broker offices outside Kathmandu. Once you open an account with a stockbroker, they will provide you with a unique ID code via which all the transactions in your name will be executed.
To make a purchase or sale order you will simply have to call your stock brokers or visit their office to place an order, make sure you have the shares in your DMAT account before you place a sell order to your stockbroker. The stockbroker charges some commission as a brokerage fee for each transaction while you have also have to pay a capital gain tax of 5% if applicable while making sales.
5. STILL CONFUSED- SEEK PROFESSIONAL HELP
If you are still confused and less confident about entering the market or you do not have time, energy and resources, do not worry as there are a number of professional licensed Portfolio Management Companies providing you with a full range of products and services under Portfolio Management Services (PMS). Based on your investment goals and expectations, these portfolio managers develop portfolios matching your risk appetite and invests in the capital markets on your behalf. The portfolio manager charges minimal annual and performance fees while these services offer you the opportunity to grasp the benefits of the capital markets. Moreover, you can also handover your existing portfolio to these portfolio managers for restructuring and further management.
All in all, as the stock market is constantly evolving and getting technical, retail investors are highly advised to seek professional advice and avoid making investments on herd mentality â invest wisely!
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Make Money Online
There are hundreds of ways to make money online in Nepal. Some of them are:
- Writing Blogs/How-to articles and Monetize it with Ads.
- Making Videos on Monetize it with ads.
- Start doing Freelancing.
Here are the 10 ways to make money online in Nepal: 10 Ways Earn Money Online in Nepal
At all depend on you, if you have some sort of investment then the best Business in Nepal are:
- Solve a problem and turn it into a business opportunity. For example, in Nepal, there is a problem with clean water; design a method to clean the water and turn it into a business opportunity. You’re making money while also assisting others. Want to create a startup: How to start a Startup in Nepal
- The stock market is a place where you can put your money. The stock market constantly rises, and you always gain money, but the problem is that you lose money in the market when you make poor decisions. Here is How to Start A Complete Guide to Invest in Nepalese Stock Market
- Invest money in Real Estate Business in Nepal. Learn more about it here.
- In Nepal, you can open a clothing store. You can either start a clothes business online or offline. In this tutorial, we’ll show you how to establish a clothes business for the least amount of money possible. How To Start A Clothing Business In Nepal With Minimum Cost?
- To start an E-Commerce business in Nepal, you can launch a startup like Daraz or any other E-commerce firm. Please take a look at this article: How To Start E-Commerce Business In Nepal or Step By Step Guide To Start Selling Things Online.
- You may create an App for free without knowing any coding or other skills; all you need to know is what problem you’re trying to solve. Please do not convert a book into an app and sell it on the Play Store; it is unethical and you will not profit from it. How To Make Money Online With Apps?
- You must have numerous sources of income if you want to be affluent. People in Nepal produce a lot of money, yet they lack the ability to “create various streams of income.”. How To Generate Multiple Sources of Income in Nepal?
- Are you interested in making money through Facebook? If you’re still perplexed about how I make money on Facebook, read this excellent article about how to make money on Facebook. Earn money on Facebook by uploading videos to Facebook pages and other similar activities.
- What does it take to be a travel blogger or vlogger in Nepal? Vlogging and traveling are currently quite popular all around the world. In this post, you’ll learn how to become a travel blogger or vlogger in Nepal, as well as what you’ll need to get started blogging or vlogging as a blogger or vlogger.
Note: This article will be updated with relevant links soon.