Avid gamer interested in blockchain.

Dcity looks profitable even with small investment


We all know that big cities in the Dcity earn lot of SIM and hivebut they have cards worth of thousands of Hive , so what about the cities that have bought cards that are just about hundred Hive or more?

Somewhere in June 2020, I started my Dcity Journey with 100 Hive. But buying cards worth of 100 Hive left my city very unbalanced and I need to put extra 20 Hive and few trade to optimize my Dcity. So my overall investment in dcity is around 120 Hive

After few days I broke my Dcity in 2 cities because shopping mall getting robbed is taking away all my income, so I put them in a seperate city, if they get robbed then I lose at max 45 SIM only (for 3 shopping malls).

 

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Account appreciation by investing the profits
So my alt city and current city makes up for 42K+ 20K SIM = 62KSIM. At time of writing this post 62K SIM almost equivalent to 267 Hive. I guess it is little bit inflated but I think 200 Hive might be nice approximation.

Note all the earning are invested in account till now. so 200 Hive is earning+card purchased value.

Daily earnings in Dcity
Currently I am earning 144SIM from my both cities after paying 35% tax. So I calculated that my pre tax income is 221 SIM

Now calculate my daily earning in SIM if converted to Hive if I pay 52% tax (that is max tax I ever paid in Dcity) then it still come 106 SIM. On today rate it comes to .45 Hives daily.

So I can say 120/.45 =266 days,it can still pay back and look like Dcity earning APR comes to
365*.45/120 % = 136%

PS: Did I forget to mention that my weed farm produce .2 weed daily i.e equal to .04 Hive daily on current market rate.

 

Please follow me at https://leofinance.io/@r1s2g3

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Rajat G
Rajat G

Searching for truth.


Avid gamer interested in blockchain.
Avid gamer interested in blockchain.

Gave interest in cryto currency,blockchain and gaming.

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