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Payout strategy
Posted: Tue May 23, 2017 3:39 am
by dj2381
So I've been thinking about which coins to get paid out in, with the likes of DASH, ETH and BTC doing so well lately I thought I would go 40% BTC 40% ETH and then maybe 20% DASH or LTC, I am still undecided on the last one, if anyone wants to share what they think would be the best overall strategy please do
Re: Payout strategy
Posted: Tue May 23, 2017 10:25 am
by GregoryGHarding
BTC is not doing well.. not at all... you need to make 100$ in btc before you can make profit after fees, go with either eth or ltc
im 98% LTC
2% Donation
Re: Payout strategy
Posted: Tue May 23, 2017 3:45 pm
by vinylwasp
I get paid out in coins which I beleive have lots of room for growth like LTC, Gamecredits, Syscoin.
I did ok with PIVX too but it's crashed recently - it may pump again one day, but I've decided to stay away from privacy coins, their application market is too small, most people holding them are speculators.
I watch for dips in price and then switch to whichever is the cheapest on the day as just accumulate as many as I can and hold.
To pay for power/rent I also take a few ETH which are easily converted to cash for operational costs.