Post
Topic
Board Announcements (Altcoins)
Re: [ANN] HextraCoin Cryptocurrency ICO Live Now !!
by
lo_pan
on 29/11/2017, 06:04:23 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!

If its a 35USD rate, i will do a max 5k loan. Just because i need to be able to pull at least 5k out with the remaining. Anything above and i'll invest more..
Not gonna do anny reinvesting though, learned that the hard way..

I'm also thinking of doing a similar strategy. What happened when you reinvested your earnings?