Friday, September 16, 2005

Goodbye to the Reversal tool

Digot of the Day
KEN - Premium% - 4.4755 - Gain - .2102


We bought FLR yesterday and it gained over .27% !!! YAY!

Say Goodbye to the Reversal tool

DX Portfolio users have traditionally had the ability to move funds from DXDebit to DX Available Balance. For a short while, we have also been able to reverse our decisions to do this. Some folks have been using this reversal tool to cancel outexchanges and increase their TDV/DXDU ratio.

Along with other changes we have been discussing, this reversal tool will be removed on September 21, 2005. If you have any fund movements that can be reversed, or wish to cancel any outexchanges to get the funds back to DXDebit Available, you must do so before this date.

Phasing out DXDebit Available to Reserve Balance


Since the inception of portfolios in the DXGold/DXInOne System, users have always had the option to move DXDebit Available to the Reserve Balance. We have done this to increase the value of our portfolios much faster. Apparently, DXInOne intends to slow the growth of our portfolios by phasing out this ability. Their message, I believe, is that the portfolio is not meant to be an investment. It is a storage system, and a tool to increase how much float a console owner can use to process exchanges.

I do speculate that DXInOne wants those floats to be big enough to handle the business that will be coming in, and intends to reward those who have a decent float via the bonuses they get for doing the processing. It will be possible to earn from the portfolio, but maybe not as fast as some "get rich quick" types would want. This really is a business, and it takes work to earn anything.

Keep the eyelids open for more information on the upcoming changes!

If you do not have an account with DXinOne, please go here to sign up for free here.

Happy Investing,

LadyDXer

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