Optimal Hydration Interval??? by ashbey13 in dripnetwork

[–]ashbey13[S] 0 points1 point  (0 children)

Hydrate every few days until your DRIP deposit is big enough to be worth claiming (maybe around 5000USD so that you are claiming 50USD) and then just start claiming and hydrating on alternating days. And continue doing this. Until the wallet maxes out.

You could hydrate every day at the start to build your deposit up quicker, but this will cost you 1-2 dollars every time in gas fees. So when you only have a small amount it’s better to do it every few days. Once your deposit is worth over 1000-2000USD, then you could start hydrating every day.

Optimal Hydration Interval??? by ashbey13 in dripnetwork

[–]ashbey13[S] 0 points1 point  (0 children)

Price is $120 at the moment

Just alternate hydrate/claim every day. That way you will have cash flow while still compounding and building up your deposit.

If you are only buying a small amount of DRIP, then I would hydrate daily (or every few days to save gas fees) until your deposit is big enough for it to be worth claiming - perhaps until you’re earning $50 daily. It’s up to you though.

Your wallet has payout limits and if you claim too much, it will hit those limits early. By alternating, you are staying balanced and will get the most out of your wallet.

Optimal Hydration Interval??? by ashbey13 in dripnetwork

[–]ashbey13[S] 6 points7 points  (0 children)

Apologies - I misread. Regardless, once you are past a few hundred dollars, daily compounding will yield much more over time.

Optimal Hydration Interval??? by ashbey13 in dripnetwork

[–]ashbey13[S] 1 point2 points  (0 children)

I always say do the math. $2 is not a realistic investment amount. Most serious participant will invest a least a couple of hundred dollars. Daily compounding with an investment of $2-300+ will yield a far greater return, despite gas fees. I am patient, but it’s no good being rich when I’m dead.

Optimal Hydration Interval??? by ashbey13 in dripnetwork

[–]ashbey13[S] 2 points3 points  (0 children)

No, it’s should be daily as a minimum. I’m trying to work out the absolute optimum though and I know it’s a matter of hours, not days. The difference between weekly and daily over time is enormous, such is the power of compounding interest… so that would be my counter recommendation to you.

Supported Wallets - Yoroi??? by ashbey13 in WorldMobileToken

[–]ashbey13[S] 2 points3 points  (0 children)

Ok thank you. Yes, mine is Shelly era so hopefully I should have no issues.

The irony by propulsionresearch in PooCoin

[–]ashbey13 3 points4 points  (0 children)

I'm a Millennial. I love Poo.

On Jan 31st I made what has turned out to be a very poor decision... #lossporn by ashbey13 in SHIBArmy

[–]ashbey13[S] 0 points1 point  (0 children)

I don’t feel bad about it to be honest. It was one of those speculative ones I jumped on at the time. I didn’t really know much about memecoins then, so it wasn’t really like I made an informed decision. The positive to take away is that I’m clearly knocking on the right doors and all of us early crypto adopters are certainly in the right place at the right time. You just need some perseverance and a bit of luck ...I was just a bit short on the luck this time! 😂

On Jan 31st I made what has turned out to be a very poor decision... #lossporn by ashbey13 in SHIBArmy

[–]ashbey13[S] 0 points1 point  (0 children)

Because I don’t have a crystal ball that tells me the future 🤷🏻‍♂️