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).

 

image.png

 

 

image.png

 

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

How do you rate this article?

3


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.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.