Made it to gold, let's see if it was worth the cost, is it worth renting to jump a league?

By Colgate | Fun ways to get into crypto | 27 May 2021

Ok so for the first time ever I made it to the gold league..

Well I should say I had the ranking but as often happens to me I did not have the Card Power... so I decided to rent one. Now the reason for this is my daily quest now jumps up from 4 to 6 chest and my end of season jumps from 18 to 24. However the rental cost me $0.20.

So I was curious to see if extra chests would pay me back. Now we can't know which 2 chests are from the upgrade so I thought I would take the total chest value and divided by six to get the avg. Chest value. As we now get two extra chest a day for daily quests and we have 5 quest including this one to go that is 10 chest plus the 4 extra chests for season end, 14 chests.

Ok lets see what we got, I am going to convert everything to DEC to make it easier, remember we need to repay $0.20 which is worth roughly 0.4 HIVE. Currently I can buy 206 DEC for 0.4 HIVE

Ok lets see what the 6 chest brings!

Ok 13 DEC.. that easy to work out

Ok this potion sells for 40 DEC

Hey now this is looking better! He has a market value of 157 DEC

Ok again this potion sells for 40 DEC

10 more DEC!

Hey one more card! This is worth 66 DEC

Ok so we have 6 chest now worth 326 DEC. Each chest is roughly worth 54 DEC. I am already at 102 DEC of 206 DEC, great ! If I keep this pace up I'll have 14 x 54 = 760 DEC which will let a 554 DEC profit, 260% return and 1 HIVE profit.

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Colgate

Fun ways to get into crypto

I decide to write a (hopefully) series of blogs on how to get into different crypto coins easily and start to have a play, hopefully without needing to invest any money in the process.