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How I see things is that if you are really serious about earning online from using contextual ads and other affiliate programs, then you really will follow their TOS and you will also make sure that if you see anything strange happening, then you will report it to your affiliate manager straight away. It is best to let them know so that you keep in their good books.
Also, it's best not to depend entirely on just one source of income, which is the same with sites. It's always best to not depend on just earning from one website.
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