Cover Image: Logo dcity owned by https://dcity.io/ - edit by @libertycrypto27 - Font used is Open Source
Hi Publish0xers and dCity players,
those who follow me and read my posts on dCity know that my short term goal is to reach a production of 3000 SIM per day.
My annual goal is to reach a production of 10000 SIMs per day.
To achieve both goals I need to continue to invest in dCity.
My purchasing strategy is as follows:
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I buy the cards that produce the most SIM per day and cost the least.
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I exclude the cards that produce the negative effect of Crime and the cards that have a negative popularity attribute.
Each time I need to buy a card I calculate the SIM INCOME/$ ratio for each card in dCity. The card that has the highest SIM INCOME/$ ratio is the best card to buy because it's the card that for every dollar spent gives me the highest SIM production per day.
In the following image there is the table with the calculation of the ratio SIM INCOME/$ of the cards for sale on the market of dCity (25 January 2021 at 17:00).
In column 6 there is the SIM INCOME/$ ratio using SWAP.HIVE tokens as payment method.
In column 7 is the SIM INCOME/$ ratio using SIM tokens as payment method.
Notes:
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The HIVE, SIM token and card price values from dCity are as of 5pm on January 25, 2021.
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In the spreadsheet, I did not consider the effect of using technology cards that are able to increase the daily SIM production of specific cards.
The cards that had the best SIM INCOME/$ ratio at 5:00 pm today were:
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Hotel
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Luxury Home
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Gym
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Casino
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Public Restrooms
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Ad Agency
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Basic Home
As you can see from the image below the Hotel card has the best SIM INCOME/$ ratio (17.34) using SIM tokens as payment method.
After choosing the card I can proceed to the purchase of the Hotel cards.
I bought a total of 21 Hotel cards at a price of 1001 SIM per card and spent a total of 21021 SIM (82,40 HIVE).
I only bought 21 cards because the only ones at the price of 1001 SIM.
After my purchase the lowest price on the market for Hotel cards was 1379 SIM and the SIM INCOME/$ ratio becomes very low: 12.58
This is the third consecutive time I've found the Hotel card to be the cheapest card to buy.
I wanted to buy some Luxury Home cards but before I made the purchase the price went up to 0.890 SWAP.HIVE so I chose to buy the Gym cards which have a SIM/INCOME ratio of 16.85 using SIM tokens.
I bought a total of 10 Gym cards at a price of 515 SIM per card and spent a total of 10298 SIM (40,36 HIVE).
How soon will I recover my last investment?"
In my spreadsheet, I included the break-even point calculation for each card.
In the calculation I also considered the current value of taxes that produces a decrease in the production of SIM and consequently lengthens the time to recover the cost incurred in the purchase of cards.
Today 25 January 2021 the taxes are very high and are at 42.40%.
As you can see from the next image each Hotel card I purchased will take 173.71 days to recover the purchase cost incurred.
After 173.71 days each card will only produce profits.
On the other hand, each Gym card I purchased will take 178.75 days to recover its purchase cost.
Obviously, if taxes decrease, the time needed to recover the cost of the investment will also decrease and will increase otherwise.
The effects produced on my city
Now I'll show you the effects that my last purchases have produced on my city.
Before the purchase of the Hotel and Gym cards the situation of my city was as follows:
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SIM production: 1614 SIM per day
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citizens without jobs: 3,39%
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population: 2952
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popularity: 1751
After purchasing the Hotel and Gym cards the situation is as follows:
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SIM production: 1803 SIM per day (+ 189)
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citizens without work: 3,54% (+ 0.15%)
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population: 3392 (+ 440)
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popularity: 2011 (+ 260)
The increase in popularity has resulted in an increase in population and because of this even though I have increased jobs the number of citizens without jobs has increased.
In the coming days I will continue to reinvest the SIM produced by my city in the purchase of new cards to reach my goal of 3000 SIMs per day.
If you also want to calculate the SIM Income/$ ratio you can read this post where I explained in detail how to calculate it.
Conclusion
I hope this post is useful to all new dCity players who are not yet familiar with the dynamics of this beautiful game/investment.
If you liked my post follow me to read my next posts on dCity.
Important Note:
dCity more than a game is an investment and mainly as such must be treated.
In every kind of investment there is always a risk factor to evaluate and consider.
I'm happy and satisfied to have invested in the dCity game but I can't predict the future (unfortunately) and so this post of mine is not an invitation to invest on dCity.
The images in this post are screenshots taken from the sites:
Images containing formulas and calculations are my property
The font used in the calculations images is Open Source
Follow me also on:
- https://twitter.com/libertycrypto27
- https://peakd.com/@libertycrypto27
- https://blurt.blog/@libertycrypto27
