Steps to make Actual money through Watching Movies.
January 23, 2021 Business
The Hollywood Stock Exchange (HSX) ‘s been around since 1998. This site allows people to purchase and sell virtual shares of movies and actors.
How Does it Work?
Once you register for HSX, you’re given 2,000,000 virtual dollars to begin with. You can then use this money to purchase stocks ดูหนังHD of upcoming movies. Exactly like in the actual stock market, each movie has its IPO (initial public offering). If a share comes with an IPO of $35, then meaning that it is estimated to gross $35 million at the box office. If you were to think so it will earn more income than this, then you can buy the stock.
Usually the IPO for a share will occur far before its release date. Sometimes a successful movie’s sequel is likely to be put into the stock exchange many years before it really gets made. As much as the release of the movie, the stock will move up or down with respect to the demand for the stock. Depending on how the stock performs at the box office, the stock could eventually settle, and the value is likely to be deposited back in the user’s account.
So if we had bought 100 shares of the $35 IPO, and it finished up making $50 million at the box office, you’d be given a $15 profit per share. If you were to think a video will perform poorly at the box office, you can also sell the stock short and profit when it goes down.
Those who bet big on Avatar before it premiered were able to make a lot of profit. Major Hollywood production companies have increasingly looked to HSX to obtain a precise estimate of how much money they could expect to produce with a particular movie. It has even proven to be extremely accurate at choosing Oscar winners over the years.
How Can You Make Money with HSX?
People will always be in a position to earn money with HSX over the years. A number of the top accounts have been sold on eBay and other auction sites for tens and thousands of dollars. However, there is a brand new development which has caused almost everyone to turn their heads and take notice of HSX.
Beginning April 20th, 2010, HSX will become a real-money official derivative exchange under the regulation of the US Commodity Futures Trading Commission. This means that they may be slowly moving far from the virtual-money model and will become an actual market.