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Post by buttchopf23 on Oct 15, 2017 18:48:25 GMT
Btw, CEO Statement in the German forum:
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Post by Jonas Hendrickx on Oct 17, 2017 7:09:23 GMT
Deposited 25 EUR, sitting in my account for 2 days now uninvested. I'm giving them till the end of the month.
Mintos is still the golden platform for me.
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p40l0m4r
Member of DD Central
Posts: 63
Likes: 16
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Post by p40l0m4r on Oct 19, 2017 6:59:34 GMT
I confirm there're some days in wich some of my money is sitting, but personally I've noticed they are reinvested in a couple of days.
I.e. in last 2 days I had around 10% of my money uninvested, today 3%. Tomorrow probably they'll return to 10% and after 4-5 they can drop at 4%.... And go on.
If the situation is temporary, giving the time to RC managers to fix the issues (with russian rules for example), I don't want to say it's a really bad moment.
I'm more worried about the % of loans in a late situation, that is higher than other platforms.
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vko
Posts: 19
Likes: 2
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Post by vko on Oct 19, 2017 8:27:49 GMT
Well, currently almost 50% of deposited money is laying idle. No new loans bought in 13 days. Before that repaid loans were reinvested in the next 1-2 days. Looks like it's time to make a big withdrawal.
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kulerucket
Member of DD Central
Posts: 336
Likes: 93
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Post by kulerucket on Oct 20, 2017 7:49:10 GMT
I'm more worried about the % of loans in a late situation, that is higher than other platforms. Late is OK. After all we are not talking about the most organised people in the world when it comes to money management. I'm more interested in the buyback rate which for me is 27.4% (by loan count). A little high but not unusual at all. It should be noted, that because Robocash don't use a different status for repaid and buyback I have to parse the "term" field and check if the difference is >=30 days. It's probably correct but it is still and indirect method of knowing what loans triggered a buyback.
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Post by moneymakingmoney on Oct 25, 2017 0:18:54 GMT
Well, currently almost 50% of deposited money is laying idle. No new loans bought in 13 days. Before that repaid loans were reinvested in the next 1-2 days. Looks like it's time to make a big withdrawal. All I had to do to reduce my cash drag is increase the size of my loans. I had a lot laying around. I increased the max of my loans from 10 to 40 and within a day most was reinvested. I seriously never had any big issues with Robo.cash and it's in my top 2 due to there being close to no cash drag at all and the microloans ensuring an exit at any time in around 80 days. I'm curious to check out other platforms though to diversify my portfolio (even) more.
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Post by buttchopf23 on Oct 25, 2017 5:55:24 GMT
I guess this was a coincidence with the increase of the loan amount and your invested funds.
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vko
Posts: 19
Likes: 2
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Post by vko on Oct 26, 2017 8:17:40 GMT
Well, currently almost 50% of deposited money is laying idle. No new loans bought in 13 days. Before that repaid loans were reinvested in the next 1-2 days. Looks like it's time to make a big withdrawal. All I had to do to reduce my cash drag is increase the size of my loans. I had a lot laying around. I increased the max of my loans from 10 to 40 and within a day most was reinvested. I seriously never had any big issues with Robo.cash and it's in my top 2 due to there being close to no cash drag at all and the microloans ensuring an exit at any time in around 80 days. I'm curious to check out other platforms though to diversify my portfolio (even) more. If you had read my post before answering, you would have noticed that not a single loan has been bought for me, now in 20 days. Raising the maximum amount invested in one loan would obviously make no difference. Robocash is probably prioritizing investors that have more money in their account, like Mintos does. As I was just ramping up my investment in Robocash, my account was still really small. And earlier this week it got about 40% cut out of it. At least the withdrawal was fast, money was on my bank account the next day.
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p40l0m4r
Member of DD Central
Posts: 63
Likes: 16
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Post by p40l0m4r on Oct 26, 2017 13:36:10 GMT
I've invested the maximum allowed in R.C. and i have substantially no money in waiting for more than a couple of days, so your consideration could be right
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Post by moneymakingmoney on Oct 26, 2017 21:50:22 GMT
All I had to do to reduce my cash drag is increase the size of my loans. I had a lot laying around. I increased the max of my loans from 10 to 40 and within a day most was reinvested. I seriously never had any big issues with Robo.cash and it's in my top 2 due to there being close to no cash drag at all and the microloans ensuring an exit at any time in around 80 days. I'm curious to check out other platforms though to diversify my portfolio (even) more. If you had read my post before answering, you would have noticed that not a single loan has been bought for me, now in 20 days. Raising the maximum amount invested in one loan would obviously make no difference. Robocash is probably prioritizing investors that have more money in their account, like Mintos does. As I was just ramping up my investment in Robocash, my account was still really small. And earlier this week it got about 40% cut out of it. At least the withdrawal was fast, money was on my bank account the next day. Ahhh my bad, you might be right in that aspect. Either way, I saw that my cash was dragging as well and increasing the size of the loans fixed it. though I have to say it's starting to pile up again.
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Post by pedro29 on Nov 10, 2017 12:40:30 GMT
I made my first deposit 2 days ago, and created a portfolio for 13% up loans. So far, still not invested, is there still cash drag problems? Or am i doing something wrong?
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Post by buttchopf23 on Nov 10, 2017 14:40:15 GMT
It seems that the situation has eased a little bit, but there is still some cash drag
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vko
Posts: 19
Likes: 2
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Post by vko on Nov 10, 2017 16:58:04 GMT
Oh well... Decent operations were last seen on 6th Oct, after that I've got only two loans on 8th Nov. Still not convinced and continuing my withdrawals, which now stand at about 70% of deposited amount.
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Post by buttchopf23 on Nov 10, 2017 17:07:01 GMT
It's funny (although not for you), on the German forum there most people report that after some days they are (near) fully invested and few others report it like you vko Looking at my statement it seems that reinvestment pace picked up during the last two weeks or so, but of course my own observations are not representative. Might be interesting if more people would stat how they are doing to get a clearer picture
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kulerucket
Member of DD Central
Posts: 336
Likes: 93
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Post by kulerucket on Nov 10, 2017 21:02:32 GMT
I'm getting nothing but I'm still withdrawing often. Probably I'm just being too impatient but I have other plans for the money in any case.
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