Post
Topic
Board Announcements (Altcoins)
Re: [ANN] HextraCoin Cryptocurrency ICO Live Now !!
by
kenmasters34
on 28/11/2017, 23:32:36 UTC
The other thing is, you may want to consider making a 10K loan if Hextra gets back to $35, and you believe that Hextra will live for 100 more days.

If HXT hits $35, then a 10K loan would cost 286HXT
If HXT hits $40, then a 10K loan would cost 250HXT
If HXT hits $45, then a 10K loan would cost 225HXT

If you loan at $35/HXT and it stays at $35/HXT and interest averages 1.65%(including .3% bonus).... then you can buy 4.7 HXT per day.   So if HXT sits at $35 for 7.66 days, you will have bought back 36HXT.

In other words, a $10000 loan at $35 started 8 days earlier... is better than the $10000 loan at $40, assuming that HXT stays around $35.

Also, consider the interest.  If you are getting 1.65%, thats $165 per day, for 99 days.  that $16335 +10K back.    And if you roll it in every $1000, you will be making even more. And for each HXT you loan you are getting $15 worth of HXT gold($30/2).  If you loaned 286HXT, thats an additional $4290+30 days of interest($2173@1.65).

So if you do a loan at 10K, you will have 10K+16335+4290+2173=  Thats $32K... assuming Hextra is still here at the end!