Irony = Miners in a rush to sell their coins before they go lower.
Perhaps irony is the wrong word...?
Topic: How do I use the Autosell feature on cryptsy.com? (Read 2942 times)
Check this article out on how to setup cryptsy autosell feature. http://www.cryptopros.com/2014/01/cryptsy-autosell-feature.html there is also a video to help you get started
Thanks you guys, it's pretty clear to me now. I know what the autosell feature is used for. I don't see much reason to use it myself though, I haven't started mining yet. 
Yes mining payouts
Can you guys please explain how to use the autosell feature used on cryptsy and how do I use it to make a profit? Thanks for your time
When autosell is enabled through your Account Balances page, all coins that are deposited into that specific coin's address will automatically be sold at the sell setting that you choose. You can choose to make it sell at the current sell price, instant sell at the current buy price, etc. But they do charge an extra 0.1% fee. Only new coins deposited while it is enabled will be automatically sold, existing coins in your balance would not. This would be useful for mining payouts and selling the coins immediately into Bitcoins to prevent holding on to devaluing coins.
You set it to a realistic high price you're willing to sell the coins for and kick back until it reaches that price or someone buys them at that price.
Can you guys please explain how to use the autosell feature used on cryptsy and how do I use it to make a profit? Thanks for your time
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