In my last post, I mentioned about a way to passively earn some BTC back while hodling. Yes, earn. If you missed that post, you may want to check it out via this link.
I also mentioned, ROI would average to about 0.05% per day, translating to a little over 13% yearly returns. This projection has not changed, and further data gathered verifies these numbers.
I continued to gather more data, especially focused on the daily dividends, and the compounding effect of using the dividends earned to buy more GIO -- in other words, re-investing.
So how does the dividends look like over the past couple of weeks? Since the human mind associates pictures better than numbers, here's a trend of how things look like.
The white solid lines represent the daily dividends. And the black broken lines represent a past three (P3) moving average (MA). It is a very good indicator of trends and smooths out spikes.
As seen from the P3-MA, as you continue to HODL and re-invest.. The daily earnings grow. This indicates a good investment.
And as more of the solid white lines appear over the P3-MA, this further indicates increase in daily dividends. Of course, the opposite applies. When more solid white lines appear below the P3-MA, that is an indication of decrease. Since this is trade value driven, that means trades on the platform are not as good as the previous days or weeks.
Regardless of the trend, the investment still earns.
In any of these posts, I forgot to mention that the dividends are dependent on the volume of trades done on the exchange. This information is available on the "Dividends" page, if you failed to give it a read. Since Graviex has one of the lowest barriers to entry for crypto startups, that volume is growing and will probably continue to grow.
Also, please note that Graviex uses 9-decimal notation, compared to only 8 for other exchanges.
The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any of the content as such. The price of Bitcoin and other cryptocurrencies are very highly volatile. It is common for prices to increase or decrease by over 100% in a single day.
Use this information at your own risk!
(screencaps are mine)
If you happen to find this post helpful, send me an upvote, or resteem this post, or buy me beer by these wallets. Thanks in advance.
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Thanks! (vote for them as witness!)