Here's mine...
What coins do you get paid out in?
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This forum is for discussion of coin prices and trends. Place announcements of new coins in the "Coin announcements" forum. The only announcements of investing sites allowed in this forum are sites that cover more than one product.
This forum is for discussion of coin prices and trends. Place announcements of new coins in the "Coin announcements" forum. The only announcements of investing sites allowed in this forum are sites that cover more than one product.
What coins do you get paid out in?
Basically what you are investing in right?
Here's mine...
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Here's mine...
Re: What coins do you get paid out in?
What pool did you go to?CSZiggy wrote:I set mine for 100% tips for chris.
Then I moved my scrypt miners over to another pool that made me more money, and took PH off my failover backup pool lists.
Re: What coins do you get paid out in?
Bitcoin. It's the big thing right nowmikey wrote:Basically what you are investing in right?
Here's mine...
Re: What coins do you get paid out in?
In terms of making a profit, have you done any scenarios about which coin will rise fastest? The price of the coin is not going to make any difference to your PROFIT which is what you want.
Example:
Coin A - you have $2 worth and it rises 10% - when you sell you have $2.20
Coin B - you have $2 worth and it doubles - when you sell you have $4.00
From my limited research, Bitcoin CURRENTLY leads the market on gaining and quite often the most resistant to falling. This would be my logic for having a higher % in Bitcoin and lower % in other coins.
Other factors you need to consider:
1. How easy it is to trade / cash out.
2. Fees: eg transaction fees from the coin and the exchange, SEPA transfers, etc
3. Taxation consideration: Some coins may be considered "securities", others may be considered as assets, and some are lobbying to be considered as tokens. You will need to keep an eye on this, both in your jurisdiction and in the jurisdiction of the pool, exchange and any money transmission services.
I've probably forgotten one or two things, and there may be others I don't yet know about.
I hope that this helps you.
Example:
Coin A - you have $2 worth and it rises 10% - when you sell you have $2.20
Coin B - you have $2 worth and it doubles - when you sell you have $4.00
From my limited research, Bitcoin CURRENTLY leads the market on gaining and quite often the most resistant to falling. This would be my logic for having a higher % in Bitcoin and lower % in other coins.
Other factors you need to consider:
1. How easy it is to trade / cash out.
2. Fees: eg transaction fees from the coin and the exchange, SEPA transfers, etc
3. Taxation consideration: Some coins may be considered "securities", others may be considered as assets, and some are lobbying to be considered as tokens. You will need to keep an eye on this, both in your jurisdiction and in the jurisdiction of the pool, exchange and any money transmission services.
I've probably forgotten one or two things, and there may be others I don't yet know about.
I hope that this helps you.
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Oldbear226232
- Posts: 3
- Joined: Sat May 04, 2019 11:54 am
Re: What coins do you get paid out in?
Monero. I see a potential in it.
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ExchangeRatesPro
- Posts: 2
- Joined: Sat Jun 22, 2019 4:16 am
Re: What coins do you get paid out in?
Dash is also a good oneOldbear226232 wrote:Monero. I see a potential in it.