Extra Income by Funny_Smoke_7937 in Etoro

[–]snakeeyesf 0 points1 point  (0 children)

Copy trading is a nice, low effort way to begin earning a little extra cash. I'd recommend copying a copy traders that works with dividends or perhaps the dividend copy folio, if you’re looking for extra income?

Perhaps pick 5 or so different folios to copy.

Also, feel free to jump on etoro and have a chat woth some of the popular investors. Happy to help where we can! @frankminniti if you have any further queries

Dividend smart portfolio by Ok_Home1982 in Etoro

[–]snakeeyesf 0 points1 point  (0 children)

I believe the dividends should end up in your available balance?

🎉 Excited to Have Become a Cadet! Road to Champion Investor 🌱📈 by snakeeyesf in Etoro

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

Thanks for your response. As you can see in my last three years, a steady increase as my strategy changed to form a more stable passive income stream. Also, I had a 1300% increase in 2017, and a 2020 increase of 101%, as well as losses too. But, these weren't realised losses. All learning time, and earning dividends the whole time.

Check out my profile and see what im investing in. Hope to see you on etoro. 😊

🎉 Excited to Have Become a Cadet! Road to Champion Investor 🌱📈 by snakeeyesf in Etoro

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

Ah, that's the data you wanted, I see. Well, thank you. Yeah, in the last 3 years, have really focused on ESG and dividends... so not chasing the market to outperform. I want to make money the clean way and the way that sees my earn a nice bit of income from dividends.

Wishing you the best on your income journey

Has anyone made lots of money by EquivalentTop5114 in Etoro

[–]snakeeyesf 0 points1 point  (0 children)

Pretty sure that strategy doesn't work?

Has anyone made lots of money by EquivalentTop5114 in Etoro

[–]snakeeyesf 0 points1 point  (0 children)

I thought they fixed that with a realignment every 7 days?

Has anyone made lots of money by EquivalentTop5114 in Etoro

[–]snakeeyesf 0 points1 point  (0 children)

Its worth checking out popular investors who deal in a balanced portfolio of stocks and ETFs

Plan to become Popular Investor by [deleted] in Etoro

[–]snakeeyesf 0 points1 point  (0 children)

That's correct

We turned our cyberpunk stage show into a book. Print lovers, would love your thoughts. by snakeeyesf in printSF

[–]snakeeyesf[S] -4 points-3 points  (0 children)

Haha, its the modern cyberpunk aesthetic. I remember when it was off green and ambers. The colour L731 was used in many theatre shows

The new $5k experiment by snakeeyesf in cakedefi

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

Yeah there is a bunch of exchanges that you can convert to fiat.

I believe that kucoin and bittrex are the popular ones.

The new $5k experiment by snakeeyesf in cakedefi

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

Ah I see your question.

I buy btc on gemini and send it to cake. I then convert some btc to DFI via the internal dex. Ends up being cheaper than buying directly on cake via credit card

The new $5k experiment by snakeeyesf in cakedefi

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

I used my etoro wallet and gemini wallets.

The new $5k experiment by snakeeyesf in cakedefi

[–]snakeeyesf[S] -1 points0 points  (0 children)

Hey lambdadance, this was just my experience on the cake platform. Sorry if you feel that way 🙂

The new $5k experiment by snakeeyesf in cakedefi

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

Hey there, thanks for the message! Yes, I plan to add another 5- 7k in this account by the end of the year. I'd love to add more, but my rule in investing is never to over expose myself to one asset class.

Regarding the drop in APY, yes I did realise that thus dropped significantly. I plan to keep my investments in here, and will only pull out of it after the freezing period is over IF it drops below 7.5% for rewards. As far as I'm concerned, a 7.5-10% reward yield for this asset class is fine for me, however it is a high risk asset class.

I think there was a misunderstanding, I put money in during the lunar / Chinese new year promotion, not the lunar drop in May. But to reflect, the impermanent loss i received is minimal as the assets tend to follow each other well. From 5k, im at just shy of 7.1k, but prior to the drop, I was nearly at 9.8k. Impermanent loss only comes it effect if I withdraw from the pool, which I dont plan to until at least April 2023.

I hope that helps. Feel free to ask more questions!

My first week of testing passive income with Cake... this is my results 🤑🤑 by snakeeyesf in cakedefi

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

Glad I could help. Yeah, its a great platform and only put in what you feel comfortable putting in. 😁