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Console Strategy

Posted by Tim Dilley on: 2005-07-04 17:49:09


I've heard quite a bit about the 50/50 strategy, but it just seems too rigid for me. I'm using what I call the flexible strategy that keeps all your console monies "gainfully employed". Some of you may already be doing this.

Let's say that your are starting with $1000 dollars in your ecurrencies. You would process the whole $1000 to build up your float. This in turn would result in $1000 in claims. These claims would have DXGlobal ID's starting with O's in your claim records - claims that pay 6% or better.

Next, When an AIX came in, you would use that money to make a claimexchange against one of the claim records that started with an O (it is best to melt these claims). You would then repay dexdebit, outexchange, and claimexchange again. Repeat the process untill you have no more claims that start with O's. Finally, Process an outexchange and start the process all over again.

Summary: Using this strategy you will see your float go up and down drastically. If it does go down below your float minimum for your level, you might have to deviate from the strategy and process an outexchange. Using this strategy you are helping to keep the system balanced and monies moving. You also realize the greatest gains from your console.

P.S. The only time you would process an outexchange would be when you had no claims that started with O's or if your float was below your minimum. When an AIX came in you would either do a claimexchange or POX based on this strategy.


About the Author

The author is obsessed with the DXinOne business. He writes articles and software to help with the education and application of the Electronic Currency Exchanging Business
http://www.freewebs.com/xcash
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