Impressive income from staking Diamond Coins (DMD)
This article is snapshot of how much profit you can expect to make from investing a small amount with Diamond coins (DMD). DISCLAIMER: THIS IS IN NO WAY AN INVESTMENT ADVICE AND IS TO BE TREATED AS INFORMATION FOR RESEARCH PURPOSES ONLY.
One of our savvy investors - called fel18 -started this conversation on our DMD-slack channel today, which opened up my eyes. Part one of this story (about DMD masternodes) is found here.
This is part two:
fel18 [8:32 PM]
"_Lets take DMD investment to the next level.. Say DMD Doubles next year in value. Nothing to crazy.
Number crunch for the small investor:
Today if you invested $3600 into DMD
200 X 18 = 3600 to get 200 DMD. (recommended for staking DMD coins currently)
You ran the wallet 24/7 for an entire year DMD, we expect DMD value to doubles though and is valued at $36 this time next year.
Your $3600.00 investment would generate you 36.5 (365 days a year/10 ) DMD coins for the entire year.
200DMD would stake roughly once every 10 days on average is where we get that calculation.
Which translates into a return of ($36 x 36,5 DMD generated through staking = ) $1314.00 and you also have your principle investment which grew to ($36 x 200 DMD = ) $7200 still working. This does not take into account that the 36.5 DMD you have will also have the potential to stake to compound your return _
Your $3600.00 initial investment has grown to 236.5 DMD and would be valued at $8514.00 in a year.
That is a excellent return. Please note DMD’s value is tied to BTC and DMD grew in 2017. 1/22/2017 DMD-BTC value .00035 = 0.35 cents BTC was around $1000.00 Today DMD-BTC value .00097 = $18.00"
Amazing. But it doesn't end here, he now compares what would have happened if you would have bought DMD coins instead of bitcoins at the beginning of the year; he continues:
fel18 [8:54 PM]
"Why I get excited about DMD:
In the beginning of 2017 say you as a small time investor with $3600.00 wanted to invest in Crypto.
BTC or DMD.
BTC 1/22/2017
BTC prices last year at that time
$979.53
$967.33
$1004.91
$965.06
1/22/2017 purchase BTC would have got you around 3.73 BTC. Took the lowest value because we made a perfect trade that day. “wink wink” padding the investment. Valued as I write this as $18775.00 per BTC.
Your investment total is now worth $70,030.75 a Spectacular years return for an investment. Right!!!.
Now Take a look at DMD
DMD 1/22/2017
.00035 DMD to BTC conversion was .35 cents.
3.6 / .00035 = 10285.714 DMD used 3.6 to take into account transaction costs etc. ( you could have purchased a masternode at this price FYI).
10285.714 DMD now is worth 9.97 BTC or $187186.75… NOW THAT IS A massive windfall return. This number though also doesn’t take into account the compounding interest you would have earned with staking… Keeping it simple.
Here is a hint…. DMD is not even close to being done with innovation. Expansion or getting the word out."
Bottom line
If you don't have enough money to invest in a DMD-masternode, you can still earn passive income with your money by being parked in DMD coins. Bitcoins and most altcoins don't give you this passive income opportunity. Diamond coins is expected to at least triple in USD value during 2018. Putting your money with DMD has been and continues to be a sound investment strategy giving windfall returns.
Needless to say, I'm heavily invested in DMD coins so please do your research before drawing your own conclusions.
DrDMD
If you're interested in a sneak peak into our community, fill in https://bit.diamonds/contact.php and ask for an invite and you will receive an invitation shortly to our DMD-slack channel. You are warmly welcome!
I have to say that I'm quite impressed.
This post has received gratitude of 1.00 % from @jout
Nothing to add, this is a very nice mathematical representation of DMD Diamond, good stuff. DMD has brought me profits and only profits so far.
Absolutely, DMD has only brought me profits as well. fel18 puts it neatly and nicely out there for us. Dr DMD