Hi @lukestokes ! What you wrote here is really interesting, and the profit you made here so fast, too! You got your investment back within 1 month!
I did not know about it 6 months ago, and bought around 120 BT, however, I am really not sure how the payments each 1st and 16th of every month is calculated. This month stakeholders received around 30% less in steem than 15 days ago (the past payment).
When you get the chance, if you know how it works, I would be really interested to learn about it! I have been researching but could not find an explanation to this yet.
Thanks for your time and help.
Regards, @gold84
Go ahead and jump into the Buildteam discord and ask for details from them. My understanding is the payouts are based on their profits and how many people are staking the token. I’ve wanted to buy more but no one wants to sell. I’ve definitely done very well, especially when you consider the increase in value of the token itself.
Thanks for the information! On Bitshares Dex they are sold from 45 bts each to any number. What is a good price for you to buy more?
Regards, @gold84
Asking “what is a good price” is kind of a silly question. Who knows? I don’t. I did recently buy some more though. It’s all risk and speculation. This token has been very good to me so far.
@lukestokes when I asked about a good price, I meant a reasonable price for you to buy more, since you bought the first ones at a very low bts and low BT price. Sometimes its difficult to describe things when writting.
Regards, @gold84
What I'm saying is I really don't know. I had a buy order in there for a long time that just never hit so I bought some at whatever the market price was at the time. Pricing this stuff is really, really difficult, and I usually can't defend my own decisions to myself, let alone other people. :)
hehe yes! Absolutely. But I can say, many of your decisions have been good so far! SmartCash is doing well, and getting better as time passes. And not to talk about Steem and BTS, 2 of them you have been with for 2 years now. You are an early adopter and tech prepared to make better decisions than many other people. This is my belief, and always enjoy learning new things from you and your posts!
Regards, @gold84
Thank you for your kind words. :)