In this post , we shall see how my ( actually both my brothers and mine) STEMM is performing .
My brother(@srmallara) and I collectively own around 87 STEMM right now and I want it to push it to 100 soon.
We bought initially 25 STEMM and on 16th DECEMBER we bought 60 + STEMM . So the data presented here will be only from 17th and calculations too will be considered from there .
Compared to all other miners out there on Hive-Engine , STEMM is the most valuable ( according to me ) because the supply is very less -
Only 4087 Staked STEMM .
Daily returns ( 17th DEC to 2nd JAN )
Note : The amount includes both Liquid + staked STEM issued by @stemgeeks everyday
Since I hold just 2.12 % of total Staked STEMM , the variation is actually high . One day I get more and the next day I get less but it doesn't really matter because it will even out on the long term and the average payout is what matters .
If I want to depict it as a graph to show the variation -
Now let's come to the main part -
SUM = 174.28 - I have earned 174 STEM in just 19 days without doing anything .
Mean = 9.68 - Per day I have received 9.68 STEM on average.
Break-even at current price of 0.21 HIVE will be in -
DAYS:836 , YEARS:2.29
Why it won't take 836 days according to me ?
I personally think ( won't guarantee though ) that the break-even will come within a year because of the following reasons
- STEM price will increase according to me .
- HIVE price will increase according to me ( since we converted fiat to HIVE at lowest price possible , to get back my fiat is the actual break-even )
Isn't 2 years a long wait?
I am a looking for a long term investment . After 2 years , I will keep on making profits as long as STEMGeeks is alive and Hive is alive .Compared to other miners , I feel this is the best buy. So I guess its a pretty good investment but none of this is financial advice , if you want to invest DYOR .
Posted with STEMGeeks