armin22
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June 23, 2014, 03:44:06 PM |
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I LOVE YOU
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StakeHunter (OP)
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June 23, 2014, 04:54:06 PM |
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I LOVE YOU
I aim to please. Please do post a link here when/if you post on cryptoarticles.
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armin22
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June 23, 2014, 04:55:38 PM |
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I LOVE YOU
I aim to please. Please do post a link here when/if you post on cryptoarticles. Will try to find a way to do that
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hellscabane
Legendary
Offline
Activity: 896
Merit: 1000
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June 24, 2014, 02:26:14 PM |
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Holding coins for stake is risky business and if you're looking to make any returns the compensation should match the risk.
If you're going to hold coins for stake the coin should have a stake greater than 25%. If the coin has good devs and a decent community, it is possible that you will get a return on your investment. Another note about 25% - it is also the point where you can actually see the benefits of compounding interest.
I do agree that holding coins for stake is implicitly a risky business due to the nature of volatility in the crypto-currency scene being doubly compounded by the amount of time needed to create stake. I am curious how you derived 25% as your set point. If you are willing, could you share your mathematical rigor behind this?
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StakeHunter (OP)
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June 24, 2014, 03:59:46 PM |
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Holding coins for stake is risky business and if you're looking to make any returns the compensation should match the risk.
If you're going to hold coins for stake the coin should have a stake greater than 25%. If the coin has good devs and a decent community, it is possible that you will get a return on your investment. Another note about 25% - it is also the point where you can actually see the benefits of compounding interest.
I do agree that holding coins for stake is implicitly a risky business due to the nature of volatility in the crypto-currency scene being doubly compounded by the amount of time needed to create stake. I am curious how you derived 25% as your set point. If you are willing, could you share your mathematical rigor behind this? I agree completely about risk. That's why I've stated many times in my posts that this is a risky plan and only with money you can stand to lose. But I do it. NO COIN WITH STAKE <25% IS EVER WORTH BUYING JUST FOR STAKE.
Do the math: coins * (1+Yearly Stake %/365)^365
Yes there are coins with a stake period of under a day, but it is most likely that your stake will take longer because of the network so staking oce a day is conservative. If you do the compounding math, the 25% mark is where you actually start to see the benefits. So all those coins where stake is 10% or less compounding every 6 to 8 hours...at the end of the year you will have your coins plus that 10% or less.
See my previous post about compounding interest with the formula. coins * (1+Yearly Stake %/period)^period If you have stake at one month and you have 25% stake you get roughly ~27 coins. Not great, but better than 25... And anything lower will only give you the stake percentage. The higher the stake and the shorter the period the better the compounding.
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hellscabane
Legendary
Offline
Activity: 896
Merit: 1000
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June 24, 2014, 04:30:20 PM |
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Holding coins for stake is risky business and if you're looking to make any returns the compensation should match the risk.
If you're going to hold coins for stake the coin should have a stake greater than 25%. If the coin has good devs and a decent community, it is possible that you will get a return on your investment. Another note about 25% - it is also the point where you can actually see the benefits of compounding interest.
I do agree that holding coins for stake is implicitly a risky business due to the nature of volatility in the crypto-currency scene being doubly compounded by the amount of time needed to create stake. I am curious how you derived 25% as your set point. If you are willing, could you share your mathematical rigor behind this? I agree completely about risk. That's why I've stated many times in my posts that this is a risky plan and only with money you can stand to lose. But I do it. NO COIN WITH STAKE <25% IS EVER WORTH BUYING JUST FOR STAKE.
Do the math: coins * (1+Yearly Stake %/365)^365
Yes there are coins with a stake period of under a day, but it is most likely that your stake will take longer because of the network so staking oce a day is conservative. If you do the compounding math, the 25% mark is where you actually start to see the benefits. So all those coins where stake is 10% or less compounding every 6 to 8 hours...at the end of the year you will have your coins plus that 10% or less.
See my previous post about compounding interest with the formula. coins * (1+Yearly Stake %/period)^period If you have stake at one month and you have 25% stake you get roughly ~27 coins. Not great, but better than 25... And anything lower will only give you the stake percentage. The higher the stake and the shorter the period the better the compounding. I was more looking for how you derived that 25% stake overtakes the risk assumed by holding a PoS coin and selling at highs and staking at lows. You just gave me the effective interest rate of a nominal interest rate compounded n-thly. Whenever I've looked at staking via a market perspective, I look at it as akin to a derivative pricing model so that's what my request was more geared towards. So if someone places bands at upper and lower options, I could take the partial derivative (i.e. kinda like in Black-Scholes fashion) of [δσ/δt-(1/(σ(T-t))][(r/σ^2)] where σ is compounded volatility, t is the starting time of staking, T is the time where stake is sold, and r is the given effective interest rate, and look for where the intersect between perceived risk and reward lies. When I've priced using "slower" models, I get stake at 15% being reasonable to overtake the assumed risk. For "faster" models, this drops slightly to 12%. Could you expound on your methodology for showing that 25% is the point where risk and reward meet?
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incognitoworker
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June 25, 2014, 05:49:33 PM |
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Hi! been reading your thread on POS investment and have some questions. do you have 1 wallet each coin, or split some over multiple wallets? do you send all coins in 1 transaction, or split them in groups into wallet? trying to build my own prtifolio based on your inputs and are in this for longterm. hoping you have some time to share strategies, and provide more knowledge in this exiting topic! :-) regards
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StakeHunter (OP)
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July 03, 2014, 12:56:35 PM |
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Hi! been reading your thread on POS investment and have some questions. do you have 1 wallet each coin, or split some over multiple wallets? do you send all coins in 1 transaction, or split them in groups into wallet? trying to build my own prtifolio based on your inputs and are in this for longterm. hoping you have some time to share strategies, and provide more knowledge in this exiting topic! :-) regards
I thought someone else might help, but I guess not... On most, I only have one wallet for each coin. Encrypted, but unlocked in order to stake - as outlined on the hobonickels wiki. I usually don't send all the coins when I'm collecting stake. It all depends upon the size of the stake and the coin block. HBN I keep coins in 10K blocks TEK 3K blocks Speaking of those two HBN has really fallen recently and considering its stability (from a dev point of view) it should be considered a buy. TEK has also fallen from its highs, but not as deeply as HBN.
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rel-oad
Newbie
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Activity: 57
Merit: 0
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July 03, 2014, 01:14:04 PM |
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Another POS coin you may not be aware of is Truckcoin that was released last month. Returns 5% every 9 days, or 200%/yr. Released with near zero publicity and going really cheap at the moment. I'm liking it as a pair trade with CAP that also goes 200% tomorrow only it's a lot cheaper and already staking. I also agree on HBN and TEK, great time for someone to start building a position in these.
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incognitoworker
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July 04, 2014, 01:29:20 PM |
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Hi! been reading your thread on POS investment and have some questions. do you have 1 wallet each coin, or split some over multiple wallets? do you send all coins in 1 transaction, or split them in groups into wallet? trying to build my own prtifolio based on your inputs and are in this for longterm. hoping you have some time to share strategies, and provide more knowledge in this exiting topic! :-) regards
I thought someone else might help, but I guess not... On most, I only have one wallet for each coin. Encrypted, but unlocked in order to stake - as outlined on the hobonickels wiki. I usually don't send all the coins when I'm collecting stake. It all depends upon the size of the stake and the coin block. HBN I keep coins in 10K blocks TEK 3K blocks Speaking of those two HBN has really fallen recently and considering its stability (from a dev point of view) it should be considered a buy. TEK has also fallen from its highs, but not as deeply as HBN. Thnx for reply :-) hbn is one of my prioritys in pos. how do you think cap will do now? seems like the most pos holders have hbn,tek,phs as a base portifolio, i am buying some everyday from my mining income and plan to build a portifolio over the next months. What other coins should be in the base portifolio, and what others would you consider as promising? Maybe answear to this is to see what you are holding, mentioned somewhere :-) what is the benefit to keep coins in blocks of the zise you mentioned? 10k for hbn, insted of multiple smaller. Thnx for your effort to get more knowledge out on this!
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StakeHunter (OP)
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July 04, 2014, 09:17:52 PM |
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With larger blocks you have a greater probability of staking earlier.
I have HBN, TEK, and PHS. I think CAP will due well - go up, but its volume is still minimal.
But I also recommend: SUPER & SYNC. Both have 100% PoS.
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StakeHunter (OP)
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July 05, 2014, 12:49:29 AM |
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A note about SUPER though - it appears to be in a free fall - so you may want to wait to put money into it to see what happens.
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incognitoworker
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July 05, 2014, 01:50:53 AM |
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With larger blocks you have a greater probability of staking earlier.
I have HBN, TEK, and PHS. I think CAP will due well - go up, but its volume is still minimal.
But I also recommend: SUPER & SYNC. Both have 100% PoS.
My thought is to compound all until january and then start to take profits out of generated pos. with compounding and continous input from mining farm for 6months, it should be selfsustaining by then? my plans are longterm, and iknow its risky :-) Thnx for your inputs :-)
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Tranz
Legendary
Offline
Activity: 1540
Merit: 1060
May the force bit with you.
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July 05, 2014, 03:03:01 AM |
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I have been using using multi wallets and stakeforcharity(s4c) for quite a while now. It has been working very nicely. To test stakeforcharity you can just create a new wallet and send a percentage of your stake to that wallet and see how it acts. You can accumulate some coins there and then send them off to trade, or buy stuff. You can INCREASE 2 positions at once automatically with even a small amount, since s4c only allows 50% of your reward to be sent. You can also use coin control to choose which blocks to send.
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presstab
Legendary
Offline
Activity: 1330
Merit: 1000
Blockchain Developer
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July 10, 2014, 09:08:38 PM |
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Keep up the good work here StakeHunter. I would invite everyone to also give my latest project HyperStake out. It isn't meant to be some profit making beast coin (although some might see it that way) it is meant to be something fun for the high stake rate community. ANN thread is in my signature.
Also sad to see CAP getting so low again. There was a major whale that got the price so high to begin with though.
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presstab
Legendary
Offline
Activity: 1330
Merit: 1000
Blockchain Developer
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July 10, 2014, 09:14:07 PM |
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I have been using using multi wallets and stakeforcharity(s4c) for quite a while now. It has been working very nicely. To test stakeforcharity you can just create a new wallet and send a percentage of your stake to that wallet and see how it acts. You can accumulate some coins there and then send them off to trade, or buy stuff. You can INCREASE 2 positions at once automatically with even a small amount, since s4c only allows 50% of your reward to be sent. You can also use coin control to choose which blocks to send. Tranz how did you get that dialog to pop up?
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StakeHunter (OP)
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July 10, 2014, 10:45:54 PM Last edit: July 11, 2014, 12:24:27 AM by StakeHunter |
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I would definitely look into HYP. https://bitcointalk.org/index.php?topic=678849.0It will be fun to see how the coin performs. I personally wonder how the coin count will compare to actual mining. Of course it isn't investment. Just a fun look at code and dynamics.
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rgm108
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July 11, 2014, 03:17:16 PM |
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-snip- Tranz how did you get that dialog to pop up?
Just click the staking icon (Green arrow pointing up)... ...At last the student gets a change to teach the master something
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StakeHunter (OP)
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July 16, 2014, 10:01:56 PM |
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A note on SYNC...
The dev has decided to change the POS on the coin. Now it will be 100% halving every month!!! So in just a few months we will not have a good coin for POS.
When I found it I considered it a gem of a coin. Equal to the old guard. Now...it is nothing from a POS stand point - and I'm a little upset.
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