Staking is "great". But .. ? If u buy 1m hbar

Question

Staking is "great". But .. ? If u buy 1m hbar

at 0.06 weeks ago .. it costs u 1,000,000 x 0.06 = usd60k

Then deducting 0.1% trade fee , u'll get 1,000,000 x 0.999 = 999,000 hbar.

Then u need to withdraw it from the exchange to your wallet for staking. Assuming zero fee for the withdrawal , ..
By staking , u'll get 6.5% per year ..
= 999,000 x 6.5 ÷ 100
= 64,935 hbar staking reward.

At the end of a year , the number of hbar
= 999,000 + 64,935
= 1,063,935 hbar .. congratulation.

Another guy buying hbar at 0.05 ( which is likely to happen in short period of time from now based on trajectory from the chart ) using that same usd60k will get how many hbar?

1,200,000 x 0.05
= usd60k

After fee of 0.1%
He gets
= 1,200,000 x 0.999
= 1,198,800 hbar

Hmmm ... difference of 1,198,800 - 1063935 = 134,865 more hbar.

Yielding ( compared to your 999,000 at 0.06 )

= 1198800 - 999000
= 199,800 hbar theoritical reward

Equivalent to
= 199,800÷999,000×100
= 20% .. ( not 6.5% .. just a difference of 1 cent to make it happen )

Hmmm ... lucky lucky who buys at 0.05 instead of at 0.06 .. and without staking.

#cryptocurrency #english #hbar

0

11.05.2023

6 ответов

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General Von Klinkerhoffen

If you hold 1m and it goes to 2 or 3 dollars I don't think anyone will care whether they bought at 5 or 6 cents. If a million is your goal, just keep accumulating until you get there. Nice maths tho!

0

11.05.2023

Roshan J.

General Von Klinkerhoffen
If you hold 1m and it goes to 2 or 3 dollars I don...

Every euro counts brother

0

11.05.2023

Jig

General Von Klinkerhoffen
If you hold 1m and it goes to 2 or 3 dollars I don...

Thats the difference of another $600k by waiting a few weeks

0

11.05.2023

General Von Klinkerhoffen

I ain't that desperate or greedy, nor do I have time to watch the prices 24-7 hoping to time the bottom. I want my 1m. Average price 6.5c for 600k. As long as I'm at a million HBAR for the next Bull run, then great. Good luck to all that got in under 4c in Dec (for the 10 days it was under 4c) and good luck if it falls further and you get in.

0

11.05.2023

@Antonio2050

General Von Klinkerhoffen
I ain't that desperate or greedy, nor do I have ti...

My AVG is 0,11 i Will AVG down more when i can for long long term

0

11.05.2023

Roshan J. · Accepted Answer

Roshan J.

Great math ahaha

0

11.05.2023

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Staking is "great". But .. ? If u buy 1m hbar

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