Investment ?

in #tribes3 months ago

With this account, we will continue to invest in DUO as soon as possible. For now, we will try to reach at least 500, just to be able to do the TIPS !DUO once a day.

At the moment, we barely have 294, which is already good.

You must have noticed that we are starting to write more and more with this account. Know that everything this account earns from its curation and publication returns will be invested in DUO until we have a minimum of 500.

We also noticed that we earned 0.043 HIVE thanks to them, which we immediately reinvested in DUO. Every time we earn from them, we will reinvest it by purchasing tokens.

To determine how long it will take you to repay the 294 HIVE invested in DUO, we need to perform the following calculations:

Calculate the total HIVE to be repaid:

You have invested 294 HIVE.

Calculate the amount of HIVE earned per day:

You earn 0.043 HIVE per day.

Calculate the time needed to repay the investment:

Time = Total HIVE to be repaid / HIVE earned per day

Time = 294 HIVE / 0.043 HIVE per day

Let's do the calculation:

It will therefore take us about 6,837 days to repay the 294 HIVE invested.

That’s 18.72 years to recoup the investment, which, as you can see, isn’t the most profitable. However, it doesn’t matter; we just want to maintain our position among the top stackers as it grows.

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