ideas for foreign webmasters loosing money over dollar downfall

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  • Zester
    Confirmed User
    • Jul 2003
    • 5344

    #1

    ideas for foreign webmasters loosing money over dollar downfall

    this is not a wining thread, i'm trying to find a way to minimize the money loss in income this shit is giving me.
    because I get paid in dollars and don't have much expense in dollars - i'm loosing tons of cash.

    my local currency is not euro or dollars

    at first I thought of switching to sponsors using euro for payment - that worked partly as the euro is falling too but not as much as mr.green.
    another idea was to recycle a certain amount of income to paid traffic or any other kind of expense, that worked for a while but now the dollar is only going further and further down and I need to pay the rent.
    * Mainstream ? $65 per sale
    * new male contraception
  • The Judge
    Confirmed User
    • Jan 2006
    • 1647

    #2
    Move to the US, a dollar here is always worth a dollar no matter what

    Comment

    • klinton
      So Fucking Banned
      • Apr 2003
      • 8766

      #3
      move somewhere where dollar is still worth something

      btw. i'm in the same situation as you, from 2002 to 2008 dolar dropped from 4 pln to 2 pln

      Comment

      • webjoker
        Confirmed User
        • May 2004
        • 367

        #4

        any sponsors that bill their customers in any other currency besides EU or $ ? a currency that is actually more stable these days ?
        hehe

        Comment

        • k0nr4d
          Confirmed User
          • Aug 2006
          • 9231

          #5
          Originally posted by klinton
          move somewhere where dollar is still worth something

          btw. i'm in the same situation as you, from 2002 to 2008 dolar dropped from 4 pln to 2 pln
          I'm in that exact same boat. It's like 2.25PLN now. It was 2.6PLN when i got to poland 8 months ago. The I lost like 8k PLN with money in my canadian account just sitting there

          My solution now is i typically try to bill in euros for larger jobs. If i quote 2000 euro, its $3000USD now but by the time i actually get paid when i finish the job, it will still be 2000 euro...

          If i quoted 3000USD by the time I finish the project its worth much less
          Mechanical Bunny Media
          Mechbunny Tube Script | Mechbunny Webcam Aggregator Script | Custom Web Development

          Comment

          • Zester
            Confirmed User
            • Jul 2003
            • 5344

            #6
            Originally posted by k0nr4d
            My solution now is i typically try to bill in euros for larger jobs. If i quote 2000 euro, its $3000USD now but by the time i actually get paid when i finish the job, it will still be 2000 euro...

            If i quoted 3000USD by the time I finish the project its worth much less
            we should start quote jobs by oil barrels
            * Mainstream ? $65 per sale
            * new male contraception

            Comment

            • Garvin
              Confirmed User
              • Sep 2002
              • 174

              #7
              Here's another tip:

              Work more and/or smarter
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              Comment

              • fraggle
                Confirmed User
                • Jan 2003
                • 932

                #8
                buy assets in usd and liquidate them later. set up a business in the us using dollars hedging bets on a increase in usd value post elections. save dollars for later. buy depreciated US stocks with large asset base which are likely to be undervalued at a time of economic depression and hold them. otherwise focus on being paid in euros.
                Marketing - Design - Development - Ecommerce

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                Comment

                • Sarah_Jayne
                  Now with more Jayne
                  • Dec 2002
                  • 40077

                  #9
                  Originally posted by Garvin
                  Here's another tip:

                  Work more and/or smarter
                  I am pretty sure that most of us that live in a Pound or Euro society have long known we had to work harder but you have to do that just to stay at the same wage.

                  Comment

                  • Axel XXX
                    Confirmed User
                    • Aug 2002
                    • 6924

                    #10
                    Buy items on eBay in dollars and sell them in your local currency
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                    Comment

                    • Lykos
                      Too lazy to set a custom title
                      • Apr 2003
                      • 31032

                      #11
                      my bank counts me 1.58 today,jesus

                      Comment

                      • Zester
                        Confirmed User
                        • Jul 2003
                        • 5344

                        #12
                        Originally posted by The Judge
                        Move to the US, a dollar here is always worth a dollar no matter what
                        give me a green card and i'm there
                        * Mainstream ? $65 per sale
                        * new male contraception

                        Comment

                        • Paul Markham
                          Too old to care
                          • Jun 2001
                          • 52942

                          #13
                          Originally posted by webjoker

                          any sponsors that bill their customers in any other currency besides EU or $ ? a currency that is actually more stable these days ?
                          On our new sites we will be doing this, will link it to the UK pound.

                          But no one here likes me so I don't expect anyone to be swayed by the prospect of earning money in a currency that will be in the shit house soon and then in the sewers.

                          We were getting 35 CZK to the $, it was as high as 40. Now it's at 15 and when you tell me I'm going broke you know why. 50% of our income has gone. This without the industry slow down.



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                          Comment

                          • Trax
                            [----------------------]
                            • Aug 2001
                            • 14486

                            #14
                            buy forwards, futures or options to hedge your position and put a floor on your potential losses.

                            Comment

                            • Nicky
                              Too lazy to set a custom title
                              • Mar 2003
                              • 30071

                              #15
                              Originally posted by Axel XXX
                              Buy items on eBay in dollars and sell them in your local currency
                              This is what I am trying to do with part of my $ income, I usually double the value once it's sold here in Sweden.

                              gfynicky @ gmail.com

                              Comment

                              • cranki
                                Confirmed User
                                • Feb 2005
                                • 5162

                                #16
                                Originally posted by Axel XXX
                                Buy items on eBay in dollars and sell them in your local currency
                                that's actually a pretty good idea...

                                Comment

                                • u-Bob
                                  there's no $$$ in porn
                                  • Jul 2005
                                  • 33063

                                  #17
                                  Originally posted by The Judge
                                  Move to the US, a dollar here is always worth a dollar no matter what
                                  think again.

                                  Comment

                                  • J. Falcon
                                    www.AdultCopywriters.com
                                    • May 2006
                                    • 31645

                                    #18
                                    I thought you were going to offer some ideas, not ask us for advice lol-
                                    Adult Copywriters



                                    SEO Content for Porn Sites
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                                    Comment

                                    • CarlosTheGaucho
                                      Confirmed User
                                      • Oct 2005
                                      • 9559

                                      #19
                                      As I always advice - keep the dollars and spend them on the dollar market..

                                      I bought me the most hilarious stuff in and from the States - electronics, clothing and all kinds of shit is incredibly cheap..
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                                      Comment

                                      • cranki
                                        Confirmed User
                                        • Feb 2005
                                        • 5162

                                        #20
                                        Originally posted by CarlosTheGaucho
                                        As I always advice - keep the dollars and spend them on the dollar market..

                                        I bought me the most hilarious stuff in and from the States - electronics, clothing and all kinds of shit is incredibly cheap..
                                        don't you have to pay VAT and customs duty for imported goods?

                                        Comment

                                        • The Duck
                                          Adult Content Provider
                                          • May 2005
                                          • 18243

                                          #21
                                          Its below 6 SEK now and its really bad, this is designed geoeconomics played out in front of our eyes.
                                          Skype Horusmaia
                                          ICQ 41555245
                                          Email [email protected]

                                          Comment

                                          • xmas13
                                            Confirmed User
                                            • Dec 2004
                                            • 5176

                                            #22
                                            Buy gold ;)
                                            ICQ 557504926

                                            Comment

                                            • MaDalton
                                              I am Amazing Content!
                                              • Feb 2004
                                              • 39861

                                              #23
                                              Originally posted by cranki
                                              don't you have to pay VAT and customs duty for imported goods?
                                              only when they catch you - lol
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                                              • klinton
                                                So Fucking Banned
                                                • Apr 2003
                                                • 8766

                                                #24
                                                Originally posted by MaDalton
                                                only when they catch you - lol
                                                ......

                                                i paid 37 % fees....

                                                Last edited by klinton; 03-20-2008, 03:14 AM.

                                                Comment

                                                • Stephen McTowelie
                                                  Confirmed User
                                                  • Nov 2006
                                                  • 734

                                                  #25
                                                  Have you considered using a UK sponsor ?
                                                  Here at Adult Business we have some of the best converting dating programs in the UK.
                                                  Hit me up if you'd like to hear more on how make money from the UK
                                                  396019140

                                                  Comment

                                                  • Sarah_Jayne
                                                    Now with more Jayne
                                                    • Dec 2002
                                                    • 40077

                                                    #26
                                                    Originally posted by Stephen McTowelie
                                                    Have you considered using a UK sponsor ?
                                                    Here at Adult Business we have some of the best converting dating programs in the UK.
                                                    Hit me up if you'd like to hear more on how make money from the UK
                                                    I have mixed in a number of sponsors that pay out in pounds into my sponsor collection. They still determine that amount of pounds you get from the amount of dollars you earned with them but it is nice to get a check in pounds regardless.

                                                    Comment

                                                    • DutchTeenCash
                                                      I like Dutch Girls
                                                      • Feb 2003
                                                      • 21684

                                                      #27
                                                      Originally posted by The Judge
                                                      Move to the US, a dollar here is always worth a dollar no matter what
                                                      not true

                                                      ICQ 16 91 547 - SKYPE dutchteencash
                                                      bob AT dutchteencash DOT com
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                                                      Comment

                                                      • DutchTeenCash
                                                        I like Dutch Girls
                                                        • Feb 2003
                                                        • 21684

                                                        #28
                                                        Originally posted by CarlosTheGaucho
                                                        As I always advice - keep the dollars and spend them on the dollar market..

                                                        I bought me the most hilarious stuff in and from the States - electronics, clothing and all kinds of shit is incredibly cheap..
                                                        175 euro per person is allowed into Holland legally thats already a lot if youre not bringing laptops n all and travelling with 2 or more

                                                        ICQ 16 91 547 - SKYPE dutchteencash
                                                        bob AT dutchteencash DOT com
                                                        ... did you see our newest Sweet Natural Girl Priscilla (18)?

                                                        Comment

                                                        • cemtex
                                                          Confirmed User
                                                          • Nov 2006
                                                          • 289

                                                          #29
                                                          Originally posted by The Judge
                                                          Move to the US, a dollar here is always worth a dollar no matter what
                                                          wait three months !

                                                          Comment

                                                          • AlienQ - BANNED FOR LIFE
                                                            best designer on GFY
                                                            • Mar 2003
                                                            • 30307

                                                            #30
                                                            I love threads like this.
                                                            Hire an American to work for ya it will cost less.

                                                            Comment

                                                            • Slappin Fish
                                                              Confirmed User
                                                              • Jul 2007
                                                              • 2512

                                                              #31
                                                              Originally posted by AlienQ
                                                              I love threads like this.
                                                              Hire an American to work for ya it will cost less.
                                                              It won't cost less, since we are also paid in dollars. It will cost the same. that is the problem.

                                                              Comment

                                                              • Zuss
                                                                Confirmed User
                                                                • Apr 2004
                                                                • 1187

                                                                #32
                                                                175 euro per person is allowed into Holland legally
                                                                Wow, nice. It's more like 15€ where I live.
                                                                I like cookies.

                                                                Comment

                                                                • ilbb
                                                                  Confirmed User
                                                                  • May 2005
                                                                  • 3025

                                                                  #33
                                                                  the only way is to work more, more clever

                                                                  Comment

                                                                  • woj
                                                                    <&(©¿©)&>
                                                                    • Jul 2002
                                                                    • 47882

                                                                    #34
                                                                    The only way is to just spend USD or invest it... buy traffic from the US sellers, hire US designers, programmers, etc... maybe invest in some US stocks, or buy some US real estate, etc....
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