Post
Topic
Board Speculation (Altcoins)
Re: How I'm earning 2-3% on my 1000$ investment on a DAILY basis
by
slaman29
on 18/03/2018, 11:19:33 UTC
I'm sorry but I have some doubts about the sustainability of this interest rate over time. Let's do some mathematical calculation.

Investing today $100 and earning 2% per day with compound interest would be having:

10 days after    $121.9      with total interest rate 21,90%

30 days after    $181.1      with total interest rate 81,14%

60 days after    $328.1      with total interest rate 328,10%

100 days after  $724.5      with total interest rate 724,46%

200 days after  $5,248.5     with total interest rate 5248,49%

365 days after  $137,740.8  with total interest rate 137740,83%


I feel it is quite difficult to have these gains, even in crypto magic world....

This is exactly why anything that guarantees a fixed return cannot ever be called sustainable. This is why Bitconnect is accurately labeled as a scam, and this is why OP should also have his program labeled as a scam. I feel sorry that cryptocurrency has to be associated with hyips.

Look at the 30 days return - more than 80%. I bet if you add in referral commissions, just like Bitconnect does, and you can easily see double the money after 1 month, with all commissions compounded. Think about this. After 1 month, everyone takes out their deposit and then earns free money?