Will Cashout Only After Reaching My Goal-Which Is Not The Minimum.
By Silvermist
@silvermist (19702)
India
April 28, 2018 12:06pm CST
I have decided to cash out from this month only when I reach the goal I have in mind.(Which by the way is not the minimum).
It may take two or three months.But even then I will cash out only if I am able to reach this amount.
I have removed my paypal email from my profile page.
Now I will try to reach my new goal next month.
24 people like this
26 responses
@andriaperry (116936)
• Anniston, Alabama
28 Apr 18
I just leave the money in my paypal account and let it build up. I would never stop receiving payment because never know if the site will fail the day after payout.
8 people like this
@silvermist (19702)
• India
28 Apr 18
That would have been ideal.But we Indians can't keep money in Paypal .The amount will be auto transferred to our bank account.
4 people like this
@marlina (154131)
• Canada
28 Apr 18
@andriaperry, I think that way too and always take the payment.
2 people like this
@PainsOnSlate (21852)
• Canada
29 Apr 18
Very interesting, I use my mylot money for Camp Insanity. its in July. I haven't been on line much this year but I always take the money out of Pay Pal and spend it on Camping. Its like found money...
3 people like this
@silvermist (19702)
• India
3 May 18
@PainsOnSlate You are going to the camping trip in July?
1 person likes this
@silvermist (19702)
• India
29 Apr 18
I hope you are getting better after the surgery.I like to read your discussions about your camping trips.
2 people like this
@PainsOnSlate (21852)
• Canada
3 May 18
@silvermist My sister and I are talking about camp now, making plans..
1 person likes this
@1hopefulman (45120)
• Canada
29 Apr 18
@silvermist You can do it but it will take a lot of time and work.
2 people like this
@silvermist (19702)
• India
29 Apr 18
@1hopefulman True.These last three months I have not been doing much.So for a change I should spend some more time here.
1 person likes this
@silvermist (19702)
• India
29 Apr 18
I too hope to reach my goal.Thank you for the wishes.
1 person likes this
@allknowing (136601)
• India
29 Apr 18
I did that too. I removed my paypal email and have just put it back as I have more than gone past my goal
2 people like this
@allknowing (136601)
• India
29 Apr 18
@silvermist It feels great to get a chunk rather than just 5 dollars. I may reach 28 my goal was 20
2 people like this
@silvermist (19702)
• India
29 Apr 18
@allknowing That is nice to reach more than what you aimed for.Congratulations.
1 person likes this
@silvermist (19702)
• India
29 Apr 18
That is good.Actually,I thought of this after reading one of your posts.
1 person likes this
@silvermist (19702)
• India
28 Apr 18
Oh!No,I have no idea to leave mylot.I was thinking in those lines in February-March,Not any more.
2 people like this
@jaboUK (64354)
• United Kingdom
28 Apr 18
@silvermist I'm happy to hear that, it just sounded as if you were finalising things.
2 people like this
@silvermist (19702)
• India
29 Apr 18
I too would have liked to let it build up in paypal.But pay pal auto transfers to my bank account.Due to RBI rules,we are not allowed to keep the money in paypal.
2 people like this
@Blondie2222 (28611)
• United States
28 Apr 18
Well good luck and I hope your able to reach your goal.
1 person likes this
@infatuatedbby (94914)
• United States
28 Apr 18
You can still keep PayPal though, but hope you reach your new goal next month - Good luck and Happy myLotting!
1 person likes this
@infatuatedbby (94914)
• United States
28 Apr 18
@silvermist Oh I see, no wonder.
1 person likes this
@silvermist (19702)
• India
28 Apr 18
I would have liked to keep the money in Paypal.But we are not allowed to do that.
2 people like this
@LadyDuck (471498)
• Switzerland
29 Apr 18
I do not care how much I receive, I do like @andriaperry, I leave the money in my PayPal account. I prefer to cash out.
1 person likes this
@silvermist (19702)
• India
29 Apr 18
If I can leave money in Pay pal I would have done that too.
1 person likes this
@silvermist (19702)
• India
30 Apr 18
@LadyDuck No,we are not allowed to keep our money in pay pal.It is not pay pal's policy but in accordance with Reserve Bank of India rules.
1 person likes this
@LadyDuck (471498)
• Switzerland
30 Apr 18
@silvermist Are you not allowed to keep the money in PayPal? We can also ask for a PayPal credit card.
1 person likes this
@wolfgirl569 (106452)
• Marion, Ohio
28 Apr 18
I just leave it in my account as I go. I try to keep all of my sites cashed out regularly just to be safe
2 people like this
@silvermist (19702)
• India
28 Apr 18
True,you know I did not get my dues in Persona paper.But in this case we are not allowed to keep money in paypal.
@ridingbet (66854)
• Philippines
29 Apr 18
good for you. i have also reached the minimum now
1 person likes this
@ridingbet (66854)
• Philippines
1 May 18
@silvermist my strategy worked after all. i have the goal now if getting paid every month and i will stick to my strategy.
1 person likes this
@silvermist (19702)
• India
3 May 18
@ridingbet That is nice to stick to what goals that we decide on.
1 person likes this
@Courtlynn (67083)
• United States
29 Apr 18
But will you still get your pay, later, if you remove your paypal from your profile? Or will you lose it? And I saw you said to a few others that you can't keep money in paypal? Why not? No one can touch the money in there but you..
1 person likes this
@silvermist (19702)
• India
29 Apr 18
I will be paid the money in my mylot account, I wont lose it .(Unless the site shuts down). Here as per RBI rules we are not allowed to keep the money in paypal.
1 person likes this
@silvermist (19702)
• India
30 Apr 18
@Courtlynn RBI means Reserve Bank Of India.They are the ultimate authority on all banking in India. ..''Additionally, currency conversion @3.5% on balance after service charges will also be levied by the banks. As per RBI directive, all money received in your PayPal wallet is auto-swept into your bank account by the end of the day.''
@Courtlynn (67083)
• United States
29 Apr 18
@silvermist are you sure? have you asked mylot admins?
what is RBI? never heard of people not able to save their money in paypal. that is so strange and wrong.
1 person likes this
@YrNemo (20255)
•
30 Apr 18
@silvermist By August I think. (I noticed my bank hardly moved for the last 3 weeks! a few cents per day if I was lucky. I need a miracle (since I don't have more time .).
1 person likes this
@nela13 (58675)
• Portugal
28 Apr 18
@silvermist it depends, sometimes I use it others don't
1 person likes this
@silvermist (19702)
• India
8 May 18
The first time definitely we should cash out.
1 person likes this