It's certainly not advice, as historical returns do not indicate future behavior, and I'm not a financial advisor. But it's been true so far for me. I spent about 100 steemp acquiring just over a million epc. I have received as daily dividends an average of 1 steem. Some days more, some days nothing.
IF THIS CONTINUES.
which there's no guarantee it will. it will have been 300% ish roi
300% ROI per year is high but it is a lot less than 1% per day considering compounding. I suspect returns will settledown once more tokens get distributed and some of the heavier gamblers give up. Even with a risk premium for speculating on an unregistered gambling DApp, I still suspect 300% is a bit extreme. Gotta wait more than a month or two of divs before we start speculating on ROI.
Alternatively, the price of tokens goes higher. Certainly it won't always be 300%, but I'm hoping it's because it simply gets more expensive to acquire tokens.
Also re: compounding. The math gets more difficult there, because you're paid in steem, which you'd have to send to steem-engine and pay 1% on. Then you'd have to buy EPC, and the price has been going up.
It's certainly not advice, as historical returns do not indicate future behavior, and I'm not a financial advisor. But it's been true so far for me. I spent about 100 steemp acquiring just over a million epc. I have received as daily dividends an average of 1 steem. Some days more, some days nothing.
IF THIS CONTINUES.
which there's no guarantee it will. it will have been 300% ish roi
Posted using Partiko Android
300% ROI per year is high but it is a lot less than 1% per day considering compounding. I suspect returns will settledown once more tokens get distributed and some of the heavier gamblers give up. Even with a risk premium for speculating on an unregistered gambling DApp, I still suspect 300% is a bit extreme. Gotta wait more than a month or two of divs before we start speculating on ROI.
Alternatively, the price of tokens goes higher. Certainly it won't always be 300%, but I'm hoping it's because it simply gets more expensive to acquire tokens.
Posted using Partiko Android
Also re: compounding. The math gets more difficult there, because you're paid in steem, which you'd have to send to steem-engine and pay 1% on. Then you'd have to buy EPC, and the price has been going up.
Posted using Partiko Android