Cloud Mining Results – How To Turn A Simple Interest (0.5%/day) Into A Compounded Annual Return of 514%
One of my crypto cloud mining contracts, E&E Mining, offers the opportunity to re-invest the cryptocurrencies that are mined within your contract.
And that’s a game changer as I will show you with the following two scenarios:
- Use the GHs (Mining Power) to mine ETH and do not reinvest the mined cryptos – I invested $500 and the expected daily return is $ 2.54 (0.5%). After 1 year, this adds up to a total value of $1.427 and after 2 years, it adds up to a total value of $2.354, based on simple interest (no re-investment). Annual Return: 365 x 0.5% = 182%. See table below.
- Reinvest the mined cryptos, on a daily basis. Every morning, I re-invest the mined ETH into mining power. After 1 year, I will have earned a total mining power of $3.087. That’s a difference of $1.660 over a 1 year period and clearly the benefit of compounded interest/returns.
I made this calculation in excel, to show you guys the power of compounded interest (re-invest the profits): instead of simple interest (182% per year, more than great) we can increase our expected profit tp 514% annually by re-investing our gains.
Or as Einstein already mentioned before:
2. BTC ProMiner
I requested a 3rd withdrawal of 0.0035 BTC. I will keep you posted about the progress. Sign up here for the FREE version.
Start JAN 3 – Investment 0.01 BTC ($150), Withdrawals: $ 0.006 BTC ($90, after fees) since 8 days.
I’m close to the 3rd withdrawal limit of 0.003 BTC (after fees) bringing my investment close to break even: a free lunch for the days to come!
Ponzi or not, as long as I’m able to withdraw BTC, I”l play along.
Total Portfolio Strategy 2018
If you want to read more about my Total Investment Strategy, then please read this update first: 2017 Performance and Total Portfolio.
Or read my latest update on the US Markets: Dow Jones Industrial, Party Like It’s 1987!
This is what I will do over the next couple of weeks/months:
- I will add monthly to a mutual fund (worldwide stocks), as I expect stocks to skyrocket into the year 2030, peak of flight to private assets;
- I will add 2% of my assets to buy put spreads AEX Dec 2018, as a hedge for my equity exposure, medium term trade (12-24 months, 2018-2019);
- I will add 7% of my assets to to my 2018-2019 eToro hedge strategy: – Hedge US Stock Market for a 20%-40% crash
- I will contribute small amounts to interesting ICO’s and tokens that pay out a periodic cash flow;
- I decreased my crypto exposure from 20% of total assets to 4% of total assets;
- I will add to my short sovereign bond strategy (rising interest rates) when rates come down a bit into 2018 or if they break key resistance to the upside.
Crypto Rating Desk and our ICO Portfolio of 100
ps. I started a new project, for and by my international students.
We analyze upcoming ICO’s and when we see a project that we like, we contribute. Our latest contribution is LHCrypto, a token that pays out a monthly cash flow, has a working business model and is active in a growth market.
We now have 15 contributions, and our goal is to build a portfolio of 100 tokens that generates a periodic cash flow (Portfolio of 100).
Feel free to follow our ideas: CryptoRatingDesk.com
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