That's surreal! We have zero clue about this crazy ROI to be frank. Would be great if you can further elaborate what strategies did you use, we are sure the community would definitely love to learn!
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That's surreal! We have zero clue about this crazy ROI to be frank. Would be great if you can further elaborate what strategies did you use, we are sure the community would definitely love to learn!
You don't know? I mean, there's no strategy... it's just, buy as much EPC as you can (low liquidity, so you can't buy much, but, you know, what you can), then just hodl, and watch the ~1% on average roll in daily.
We are well aware every system upgrade will impact the token value in a positive way. But we rather focus the development and let user tell us how things work for them. Nice to hear that, simple but definitely still a strategy!
What do you mean by 1% a day? Is this investment advice?
It's certainly not advice, as historical returns do not indicate future behavior, and I'm not a financial advisor. But it's been true so far for me. I spent about 100 steemp acquiring just over a million epc. I have received as daily dividends an average of 1 steem. Some days more, some days nothing.
IF THIS CONTINUES.
which there's no guarantee it will. it will have been 300% ish roi
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300% ROI per year is high but it is a lot less than 1% per day considering compounding. I suspect returns will settledown once more tokens get distributed and some of the heavier gamblers give up. Even with a risk premium for speculating on an unregistered gambling DApp, I still suspect 300% is a bit extreme. Gotta wait more than a month or two of divs before we start speculating on ROI.
Alternatively, the price of tokens goes higher. Certainly it won't always be 300%, but I'm hoping it's because it simply gets more expensive to acquire tokens.
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Also re: compounding. The math gets more difficult there, because you're paid in steem, which you'd have to send to steem-engine and pay 1% on. Then you'd have to buy EPC, and the price has been going up.
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It's basically what @improv mentioned. Just buy them on STEEM-Engine. I've also earned lot from playing the game too. So far I'm loving he results. Let's hope STEEM will get a lot more users fast and they will be using the DAPPs a lot :-)
The great part is I got keychain working on android using the kiwi browser, so that's an option for some smart phone players.