As an engineer paid in a foreign currency, what is the best strategy to maximize your income? Is it better to exchange when you receive your money on a monthly basis? Or is it better to exchange a little bit every week or every day?
TLDR; The daily exchange provides the best results over time on the assumption that the exchanges fees are proportional to the exchanged amount.
https://soltinho.xyz/thoughts/dollar-cost-averaging.html
duong / Daniel Dương
npub1d8…qwe69
2023-09-17 19:41:40
Author Public Key
npub1d8ck6dx25zys7vhpju8prx30jm0p3y22kza9hjnvs74hy3tgkhuqeqwe69Published at
2023-09-17 19:41:40Event JSON
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"content": "As an engineer paid in a foreign currency, what is the best strategy to maximize your income? Is it better to exchange when you receive your money on a monthly basis? Or is it better to exchange a little bit every week or every day?\n\nTLDR; The daily exchange provides the best results over time on the assumption that the exchanges fees are proportional to the exchanged amount.\n\nhttps://soltinho.xyz/thoughts/dollar-cost-averaging.html",
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