It's time to switch from US to CAD - I'm loosing too much money with US Dollar

[DN BROKER]

Their was a time when US was making me good profit, now its hurting me! Every time I cash out of my paypal account, I'm loosing a big chunk of money.

It's time for me to price my domains with CAD currency!

 

[TheLegendaryJP]

Ya, paypal convert sucks.

Your best move is to keep it in paypal, use it for USD purchases only, accept payment to your bank account ( USD you should have one if you operate a biz that uses USD ) and when the dollar turns again you could cash out the remainder left in paypal if you want. But to take a huge 8+ point loss just to " get out of it " is not a wise move. This all assuming you have enough of a CAD float currently to operate apart from the USD in paypal.