All Good Things Come To An End

Over the last 3 weeks since we saw that crazy dip the APR in the COTI Treasury has been rather good achieving in my case slightly over 88% peaking at around 88.83%. This was down to the sudden drop in price which saw around 12 million COTI tokens liquidated in a matter of seconds. If you play with fire you will at some point get burned and many found out the hard way.

The only problem is having seen and felt the impact of earning nearly 500 COTI daily the only way I can get back to that point is having 6 x the size of the stake currently. Maybe next cycle after having sold high and buying back cheap.

This last week we saw another small drop in price where another 1 million or so tokens were liquidated, but unfortunately was not a significant enough number to boost the APR and offered only a slight impact. The problem is those investors who were in the high risk pools have all been liquidated and only a few fools went back in not thinking lightning will strike twice.

Today the COTI APR is back to where it was 3 weeks ago prior to the dip with my APR at 14.12% which is still very good. There are no complaints on my side as during the 3 weeks my stake has grown by an extra 19K COTI being accumulated. What the extra COTI staked has done is push my daily earnings from 84 COTI to 89 COTI and is edging closer to the 100 COTI daily reward target I have set myself.

If I invested $420 and increased my GCOTI stake to the same level as COTI on a 1/1 stake I would earn an extra 57 COTI daily via an APR boost of an extra 16.85% in APR and is something to seriously consider. If the bull cycle is delayed and is at the back end or middle of next year then it would be the smart move. We shall see as that same investment could add an extra 12K COTI which would take 7 months to claw back if buying the GCOTI. Do we have another 7 months in this cycle and why the hesitation on my part? We are all about maximizing profit and when it comes to selling the number of COTI is what is going to count.

The stake I have now is nearly 15% (14.86%) over the cycle target I had in place and expecting to lose around 3% for cashing out fees. The push now over the coming weeks or months is to achieve the 250K COTI target depending on what the market does and only time will tell what is possible or not. This has been a great test case for myself to see what is possible dedicating your growth on one particular project seeing what dollar value can be generated during one crypto cycle through staking and accumulating. If we see new all time highs this cycle then I am hoping for $170K-$200K which would be an average of $42.5K-$50K per year return. This would justify the time and effort taking the time to research and learn how this particular staking works.

The next crypto cycle should be far easier as one can use the knowledge learned and apply this method again repeating what has been achieved if it works out as expected.

Posted Using INLEO