Me too kevin . Also make sure you aren't paying too much fees for small amount of harvesting .
I used to compound every 1 CUB which isn't good from fees perceptive .
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Me too kevin . Also make sure you aren't paying too much fees for small amount of harvesting .
I used to compound every 1 CUB which isn't good from fees perceptive .
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That's important.
I used to do that too but then I realized I was paying too much in fees.
Now I have a different approach, which is optimizing for fees. I only harvest when the fees represent around 1% (or even less) of the total. That's something I'm comfortable with.
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I don't calculate fees , I just leave it for 1 or 2 weeks and then when it is above 1 or 2 CUB then I compound .
BTW , 1% fees is also too much isn't it ? :(
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Well, that can vary depending on who you ask.
It's a lot less than what I was paying before I started doing that optimization and something I'm comfortable with for now.
But I'm always revisiting strategies so that may change.
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Yeah having the same strategies for a long time is stupid I guess lol .
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Yup... some people say If ain't broke don't fix it but I don't believe in that. I'm always looking for ways to do things better, no matter how good they are.
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If you are doing it at 1 CUB, you are paying about $.50 to great a $1.80 token.
Arent you?
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Damn really ? I have no idea , I haven't calculated it yet .
I think I should just leave it alone then .
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Or at least calculate it. I will figure out the fees next time I do something in there to give you a ballpark.
But yeah you might want to let it grow a bit. Are you just using the Den or are you in Farms too?
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That is a good rule of thumb. It actually makes a lot of sense. So for a$150 if memory serves me correct?
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Not sure if I understood... did your message get cut by any chance?
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You said you aim for 1%. How much does it cost you to harvest?
I was saying that I think to be 1%,wouldnt it need to be $150 worth of CUB to harvest?
Or is my math off?
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Ohh sorry, I got it now
Yea, last time I checked it was something around that... something around 100 or 150 dollars worth of CUB
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No, I don't do that. I harvest the farms and compound the den every other day right now. Hate paying fees (well not so much as it's Cub).
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Playing with enough, that pushes the fees down to a small percentage. However, if only a small batch, that will eat some up. Many might have to harvest once every 3-4 weeks.
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That's why I think CL token will benefit a lot of people because we will save a lot on fees .
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Yeah it is an ideal program for small account since it rolls the fees into one big transactions and it costs nothing to send the LEO out in HE.
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Oh I just earn like 0.5 CUB everyday that's all .
I should wait from now on .
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Yes you should. Do it a bit less frequently. Play with the numbers and see what you are coming up with.
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No that will eat into your profits. Let it build then compound. No point in doing too often, you are just giving money away.
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Okay got it . I will just leave it alone then , compounding at 1 CUB and 2 CUB doesn't seem worthy .
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I usually have 7 or 8 Cub when I harvest and compound. I'm in the Cub Den as well as three Farm vaults. I consider myself lucky that I put these funds in when I did - hell a lot of it was free money from Alien Worlds.
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