This blog outlines my experience using Ethereum Capital. Each month I take my earned dividends are reinvest them back into the contact. Here's my data and personal thoughts on the second half of October.

For an overview of the Ethereum Capital smart contract, please read the first post in this series: Ethereum Capital — Earning Daily Dividends, Part 1: My First Five Days

The Data

The second half of October has sure been interesting. Back on 10/15 I noted that there was a minor selloff, little did I know what was to follow. The very next day, the contract value plummeted due to a huge selloff bringing the total invested into the contract down to just under 5 Million. Over the next few days the value fluctuated wildly going up and down; at the time of this writing the Total Client Capital is down to 4.5 Million USD (11,600 ETH). The reason for this sudden drop was due to fear and bad communication from the creator of the contract. He unexpectedly rolled out a new BTC version of the exact same contract and people went crazy. Some thought the ETH smart contract was being abandoned, and others didn't want to miss out on the new BTC contract.  Personally I'm not getting in the BTC contract, I'm staying here in the original ETH one. With that being said, my focus and goal have not be altered. Additionally, as mentioned in the previous post, I'm still purchasing more ethereum credits whenever I can afford to do so.

Daily Average and Prediction

Presently I'm averaging a 0.24% daily return on the total amount I've invested into the contract (7.14% monthly average). So, while the value of the contact is down, the dividends I'm earning are doing just fine. I earned just over $100 USD in dividends in October and reinvested them into the contract last night.

In a few days I'll add another 1 ETH to the contract, doubling my initial investment. With 3 months of data I have a more realistic timeline of when I'll average 1 ETH a day in dividends; about 4 years (through reinvesting only).

Last, I expect the value of the contract to rise back up to 10 million and beyond over 2021; therefore, now is the ideal time to get in or purchase more credits.

As always, the information presented here is not financial advice, it's only what this author is doing with his money. However, if you are interested please use my referral link, it would be greatly appreciated.

https://ethereumcapitalwallet.com/account?ref=0x7c4635e87de18c07de1f248b70262591214d194a