I am afraid one day this coin might be at 1 stoshi.
Why its so much down now within one month can anyone explain?
10.000% STAKINGRATE?
Greetz
Steve
yeah 10000% staking per year.
That makes 827% per month.
means i am rounding off things its 9times growth in a month.
I am taking 3000 satoshi as its average price for last month.
Now its dropped to 120.
So 3000/120=25
means its dropped by 25times than its average price.
making 25-9=14times loss
means 1400% loss over the month.
Correct me if i am wrong in any numbers here.
That is true for someone who is receiving a stake once a month, which makes it the smallest possible return on his input.
Those who are in a pool stake every day, and each day they are staking 27% on the previous day;s input, which creates an enormous compounding effect, which beats the rate of price drop. But you really need to be in a pool to stand a chance
How/where to join a trusted pool can anybody please tell me i am interested.I have money to invest.