STEEM vs. DavorCoin in terms of profit. Reinvesting (compounding) VS holding STEEM

in #steem7 years ago

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The STEEM system

Here you can blog and get rewarded with STEEM. Let's say you make it to $735 in STEEM. You are speculating on the rise of STEEM in price from now $2.5 to the moon. $735 are around 294 STEEM. If you want to earn $7350 the price of 1 STEEM must go to $25. If you want to have $73500 it must go to $250 for each STEEM. If you want to have $150000 the price must go to $500 per STEEM.

The DavorCoin system

Here you can give your $735 to DavorCoin and use the reinvest feature which means that every penny you make will be reinvested. I am using Compoundaily to calculate it.

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As you can see, you will make $150000 after approximately 360 days. It isn't guaranteed and calculating with 1.5% interest a day isn't conservative but that's how I did it for now.

The question is: Will STEEM hit $500 in 360 days? If yes the money made will be equal to the money made on DavorCoin.

In cryptoworld a lot is possible. Nobody knows what the future will bring so make up your mind and chose accordingly :)
I'm not a financial adviser and just sharing my knowledge with you.

I just started with DavorCoin on Davor.io and am super excited! I will update you once I got my first daily interest :)

What is important to know is that DavorCoin is an exponential curve in profits and only works well when you reinvest your earnings. For this you will need $10 minimum. If you only put in $100 it will take a while until you will get $10 interest every other day. So I believe that an amount around $700-$1000 is much better to get the benefits of the exponential growth in interest.

If you sign up with my link: https://davor.io/Account/Registration?r=B3E5AE I will help you and answer your questions and upvote your comments!

Do you think STEEM will be worth $500 in a year? What do you think about DavorCoin?

Both systems have their critics. Some say the STEEM system is resource heavy (hundreds of GB of RAM are necessary to run a full node) and others say that systems such as BitConnect or DavorCoin which is newer than BitConnect are ponzi or pyramid schemes because they do not disclose details about their trading bots.

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Hello @shla-rafia for valuable information
So we would like to know more details about this currency and its implications and objectives
I wish you luck and success.

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Outstanding post But steem is so much better !

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