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Wednesday, June 27, 2007

Questions that you want answered

Some of the questions that you would be asking me are list here,have a look:

1. What is DXInOne and the E-Currency Business?
2. What is the best way to learn this business?
3. Why would businesses want to use E-Currency instead of other payment systems?
4. How do I Start my E-Currency Business?
5. Can I Lose Money?
6. How Do I Best Manage My DXPortfolio?
7. How Do I Know What Digots To Purchase?
8. What Fees are associated with trading within the DXInOne system?
9. What are the differences between a Spend and DXDirect payments?
10. How is DXDA calculated?
11. What is the OADXD Activation Fee, and what is it calculated on?
12. I just paid my OA fees. Why didn't my OA fee balance go back to $0?
13. What should I do if I can't pay my OA fees from my Incoming Balance and have to stay on Standard OA?
14. How can I OutXchange funds from my DX G2 Portfolio?
15. How Do I Repay DXDW?
16. How Do I Purchase Digots?

What is DXInOne and the E-Currency Business?
This business, you are investing in digots, which are actually shares of currency exchange companies from around the world. By doing this, you are providing liquidity for e-currency exchanges to take place in the online marketplace. Similar to a bank account, your funds remain in your account even though they are being used. Not only can you earn 1.5 - 4% a week on your funds, but the daily compounding will allow your portfolio to grow substantially in a very short period of time. It's actually possible to double your initial investment in 30-50 days and will continue to see growth each month thereafter. Exactly how much you can make depends on how much you put into the system, time and money, and how good your digot picks are for each session.
I would suggest only putting in a few hundred dollars of your own money to start your portfolio, and let the system work for you, generating you more money. It will take you a little longer to get your portfolio up in value, but slow and stead wins the race! This is a great business to get into now because e-currencies are just starting to take off now.
What is the best way to learn this business?
The best way to learn any business is to read as much as you can about it, until you're comfortable with it. This blog is a great resource to learn all about DXInOne and the e-currency exchange business but there is a lot to learn.
I understand blogs and e-books are not for everyone, so if you decide to purchase a full-support course instead, I would recommend you get my E-Currency manual called E-Currency Exposed! This is the only full course that has all the new DXInOne information available today. Until the other courses out there update their information, this is the only one I will be recommending to folks.
There are other courses available, but you must know this, that the E-Currency Exposed! manual was completely rewritten in 2007 and has all the latest DXInOne rules and procedures for managing your accounts and making the most out of this opportunity to help increase your profits.
Whether you use a free website and forum or e-book, you have so many options available to make the best out of this business. The rest is up to you.

Why would businesses want to use E-Currency instead of other payment systems?

More and more businesses will use e-currencies for several reasons:
1. Security - To this day, many people don't like giving their credit card information over the internet. And with so many credit cards databases being compromised lately, I can see why.

2. Price - E-currencies are cheaper for the business than credit cards. As you should know, credit cards charge businesses a certain percentage to accept payments with their cards. E-currencies charge a much, much lower rate than standard credit card companies.

3. Speed - e-currencies process instantly, not like many credit cards. This is also why many people used PayPal, e-gold and StormPay because payments are immediate. Many transactions that involve credit cards, require you to wait until your information is verifies. With e-currencies, you are already verified, so there is no waiting.

4. No Charge Backs - Businesses doesn't have to worry about a charge back disputes with an e-currency. Once a transaction is complete with an e-currency, the transaction is complete. Businesses don’t have to deal with customers reversing the charges. Good companies still offer guarantees and warrantees, but they don’t have to deal with all the games bad customers use to try to beat the system.

5. Truly Global Acceptance – Many countries do not accept credit cards for payment. Many times if you want to order something from a foreign country, you need to wire funds. This is very expensive and requires you to setup bank accounts to perform these transactions and it can be very time consuming and problematic. If your funds don’t get there, you need to do wire traces. These take up to 30 days. E-currencies are immediate. Nothing gets lost and you get the product or service you purchased without waiting.

6. Flexibility – There are literally hundreds of e-currencies and they continue to grow all the time. The more ways a company gives customers to pay for their products or services, the more a business will generate in income, therefore increasing profits.
There are many more benefits as well, but you should get a good understanding of why e-currencies are such an attractive option for businesses that conduct their offerings online.

How do I Start my E-Currency Business?

Very simple! Basically you open up a DXInOne account first. Then you open an e-currency account. This allows you to convert your money into e-currency. Then you open an account at a Digital Gold Currency Exchange Provider to perform the actual conversion and deposit the e-currency into your e-currency account. Lastly, you start buying digots, and watch your portfolio grow.

Can I Lose Money?

As with any investment, it would be possible to lose money. The DXInOne Company has been around for 5 years now and e-currency is just starting to be universally accepted from online merchants around the world. This is a great time to get into this business, because the demand is high and it's only going to get bigger.
The way you build your portfolio, is to purchase digots (digital currency). These digot go up or down during each trading session. Each trading session is approximately 23 hours long. If you chose digots that went up in value from the previous session, you made money on those digots. If you chose digots that went down in value, you lost money on those digots. The fact is, most digots increase in value. As with any kind of investment, the stock market included, is to diversify your portfolio. When you are diversified, the winners will greatly outweigh the losers. You will make money in this system and depending on how your digots perform; you can make some very nice returns. You also see how you're doing every 24 hours, so you know exactly what your portfolio is worth and how it performed the previous session. You have total control over your accounts.

How Do I Best Manage My DXPortfolio?

Starting around July 9, 2005, DXInOne started implementing some new rules to help manage the disproportionate TDVs from DXDUs from peoples DXPortfolios. Since some of the rules have changed, you should read through My DXPortfolio post to see the strategies DXInOne suggests for managing your portfolios. This is literally from their help section off their website to make it easier for folks.

How Do I Know What Digots To Purchase?

It depends on who you ask. Some people buy for different reasons. For example, digots split just like stocks do if they get too high in price. A digot will usually think about splitting in the mid to high teens. Many people buy higher priced digots, so after splits, they will have more digots in their portfolio. Others, like myself, go in the opposite direction. I like to buy lower priced digots, with low premiums, to keep my fees down, and I can purchase a larger quantity of digots. Whatever works for you?

What Fees are associated with trading within the DXInOne system?

As with any stock-like transaction and digots are similar to stocks, there are fees involved. There are two fees when purchasing digots; a Buyers Fee and a Premium Fee. These fees together get added to you accounts Credit Line. A Credit Line is kind of like a loan, except you don't have to pay this back. However, the amount of money in your Credit Line (CL) figures into how much DXG (DXGold) you'll be able to invest in the next day’s session. I have never heard of a good reason to pay this CL down, but you can if you like. Depending on your account value, sometimes it's worth paying it down to get more DXG Available for the next session and sometimes it just isn't worth it.

What are the differences between a Spend and DXDirect payments?

Both a Spend and DXDirect payments originate from the senders Available Balance (AB) and got to the Recipients Available Balance and both of these transactions have the same transfer fees associated with them. The only difference is that a Spend immediately goes into the AB of the recipient and no other steps are necessary to complete the transaction. A DXDirect payment must be "claimed" by the recipient and then "released" by the sender. A DXDirect would be something you would use for purchasing something from someone you didn't know, or trust. A Spend would be used for sending funds to someone you trusted and wanted to just send money from your account to theirs.

How is DXDA calculated?

DXDA is calculated on the following formula:

DXDebit Available = (%Qualified * TDV) – CL - DXDU

Monthly OA fee is based on the amount of DXDebit you've used and the size of your TDV. Your Incoming Balance (IB) is the only balance where your fee is discounted. DX encourages us to pay our OA fee from IB.

What is the OADXD Activation Fee, and what is it calculated on?

If you pay from your Incoming Balance (IB):
OA fee = TDV - DXDU x 2.75%
OADXD fee = DXDU x 3.75%

If you pay from a Standard Source (Avail Balance, RB, DXDA):
OA fee = 3.75% x TDV + 4% x DXDU

I just paid my OA fees. Why didn't my OA fee balance go back to $0?

Your OA balance does not go back to 0 because as your port grows, so do your gains. DXInOne has this in place so your profits don’t go through the roof. They keep a tight balance between your OA and TDV gains.

What should I do if I can't pay my OA fees from my Incoming Balance and have to stay on Standard OA?

1. Withdraw all Available DXDebit to your DXAccount Available Balance. Go to Personal -> DXPortfolios -> DXDebit -> Withdraw DXDebit and withdraw all of your DXDebit Available to your DXAccount Available Balance.

If you have more than one DXPortfolio, then repeat this step for each of them.

2. Make sure your OA fees are set to NOT come out of your Available Balance. Go to Personal -> DXPortfolio -> Activation Status. Click on the "Settings" link on your DXPortfolio.

Scroll down to where you see the OA Fee Payment Options 1 through 5. Set the first to "Available Reserve Balance" and all the rest to "Disabled" - this will ensure that your Available Balance will not be touched by your DXPortfolio.

If your OA fee cannot be paid then your DXPortfolio will go out of OA and will not gain DXDebit. It will NOT affect your OutXchanges or your DXAccount Available Balance.

3. Wait for things to change. If you want to list those funds in OutXchanges you can, but you don't have to. You could instead use them in adsXposed to make money in the meantime.
Do these steps look familiar? They are the same steps that you follow to "get out" of DXInOne. The only difference is that you are not looking to abandon DXInOne. However, in order to keep your DXPortfolio in good standing you do need to pay the OA fee from the Incoming Balance.

With that in mind, these steps will put your DXPortfolio on "hold" until you can either bring in new funds or OutXchanges speed up (hopefully the latter).

How can I OutXchange funds from my DX G2 Portfolio?

1. Portfolio G2...DX Debit...Withdraw DX Debit
When you have multiple Ports/Accounts, you are presented with a screen where you can chose the FROM portfolio, and TO account. When you've done that the Portfolio you have chosen comes up.

2. From that portfolio, you can then choose which Digots you want to give up. Of course you must choose your worst performing digots. You can "tag" any digots you want, up to the amount of PF you have. It’s a good way to get rid of your badly performing digots.

3. After you done that, you finalize the withdrawal, and the PF will be moved to your account, and the digots you tagged will disappear.

4. Now you can OutXchange the PF from your Account to your External eService.

How Do I Repay DXDW?

1. Personal - DXPortfolioG2 - DXDebit - Withdrawal Details
2. Select Port
3. Click DXID
4. Select 'Drop Withdrawal' option or Second option (you choose which digots to drop from withdrawal).

How Do I Purchase Digots?
1. Personal - DXPortfolioG2 - Buy Digots - Digot Screen
2. Select your DXPortfolio, click NEXT
3. Choose a Continent (Tip: to avoid currency fluctuations, choose a continent in the same base currency as your port. For example, North America for USD port).
4. Select ALL DIGOT SYMBOLS at bottom of page. Click NEXT or Continue to go to Digot Screen.
5. Simply insert the quantity of a digot you wish to buy in the QTY column and then click the '0's in the adjacent Total Buy column. This will give you your costs for buying that quantity of a digot symbol.
6. After you've bought your digots, scroll to the bottom of page and click on PREVIEW to view your purchase. Go back and buy some more if you still have RB funds remaining and/or cut back on quantity if you've exceeded your RB budget.
7. If satisfied with PREVIEW, click on BUY NOW.
8. You can now go to Port Summary to view your digot holdings.

Tip: Digot Buy Strategy to maximize gains: LOW PRICE (.20 or lower) LOW PREMIUM%(premium x price/100) HIGH ACTIVITY (click bottom arrow under ACTIVITY to isolate the top 5 to 10 digots with high activity. Filter through criteria and buy qualifiers).

1 comment:

Mark Herpel said...
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