Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][ICO] Minexcoin - A new era of payments (Exchange launch - November, 1)
by
revenant2017
on 18/12/2017, 18:41:20 UTC
Quote from: Bossieman on December 18, 2017, 05:57:44 PM
Quote from: TeMHuK on December 18, 2017, 05:41:22 PM
Quote from: Bossieman on December 18, 2017, 05:38:46 PM
If I park weekly, it will generate 1.037 (3,7%) but a month only generates 1.14 (14%).
So if I have 100 coins I will have after 4 weeks 100*(1,037)⁴=115,6 (+15,6%) if I repark each week.
Am I missing something here?!  Huh
yes, you forgot to calculate 2 extra days in month, because 1 month it is 28 days(4*7) plus 2 days. Plus you forgot to calculate percents from  parking reward from each week.

My point is that it is no point parking for a year or a month, better to park short times and then re-park again. Just seems weird for me. Shouldn't it be the other way around?

Wrong. This isn't about the longest, the most rewarding. This is about market situation and your own parking strategy. Everytime Minexbank rate changes, he wants you to choose from 4 different tables. Of course, one of those parking tables is more profitable than the other. Example, Weekly is more profitable than yearly, daily, and monthly. Therefore, minexbank wants you to park it for a week or even every week.