RE: Out-Sized Returns On Hive
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That is a 1.83% return in 3 weeks, or 31.72% annually.
With compounding interest factored in, more like 37% since
1.0183^17.333 = 1.369
(Since there are 17.333 three-week intervals in a period of 52 weeks.)
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True if compounded and that is accurate.
Want to be a bit more conservative.
To be accurate I should have written annualized.
Either way, a fine return for 12 months.
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