What coins do you get paid out in?

Discuss your trading strategies, and which coins are most profitable to buy and sell.
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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.
mikey
Posts: 5
Joined: Tue Aug 29, 2017 9:57 am

What coins do you get paid out in?

Postby mikey » Wed May 16, 2018 10:43 am

Basically what you are investing in right?

Here's mine...

Image
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CSZiggy
Posts: 601
Joined: Wed Jan 31, 2018 2:44 pm

Re: What coins do you get paid out in?

Postby CSZiggy » Wed May 16, 2018 11:11 am

why bother, no one cares.
Last edited by CSZiggy on Fri Jun 08, 2018 11:44 am, edited 1 time in total.
Darzl
Posts: 37
Joined: Fri Mar 02, 2018 1:22 am

Re: What coins do you get paid out in?

Postby Darzl » Fri May 18, 2018 4:06 pm

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.


What pool did you go to?
EmmaLee
Posts: 1
Joined: Sun Jun 24, 2018 6:36 am

Re: What coins do you get paid out in?

Postby EmmaLee » Sun Jun 24, 2018 9:57 am

mikey wrote:Basically what you are investing in right?

Here's mine...

Image

Bitcoin. It's the big thing right now
alim
Posts: 132
Joined: Fri Apr 06, 2018 3:08 pm

Re: What coins do you get paid out in?

Postby alim » Sun Jun 24, 2018 7:51 pm

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.

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