Is It Profitable To Invest In POB?

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Market trends often deceive investors. What traders call "panic selling" . Bad news can influence the trend in the market for cryptocurrency. In a broader sense, a social media influencer frequently corrects the bitcoin market.This shows that the volatility of the coin is still high. The higher the marketcap, the lower the volatility is.
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Bitcoin in 2017 had a 233 B marketcap and in 2021 has 1.21 T marketcap. The bitcoin price will stabilize above 40,000 USD. This is due to the increasing number of bitcoin users, meaning that the demand for bitcoins is increasing.
Besides marketcap, the daily trading volume also indicates the performance of the asset in the market. That is an example of a market with a high scope.

Let's analize POB

What is POB marketcap?
Here is the formula

Market Cap (USD) = Circulating Supply (Coins / Tokens) * Price (USD per Coin / Token)
Marketcap Calculator

In my calculation, the liquid POB tokens that are tradable is around 194,776 POB, or 11.20% of the total minted tokens. The marketcap of POB is 194,776 X $0.105 = $20,451.
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This is a small amount of marketcap when we compare it to tokens in the open marketplace. This small marketcap is very volatile for bigger investors. However, it has the potential to grow the profit.
By spending $20,000, an investor is able to drain the tokens in the market. Then the tokens will be scarce, which will cause a rise in price. Unfortunately, the POB investors are still earning from blogging only. The small scope of the community causes the POB token to be less popular.

Besides that, the POB price is competing with other tokens in hive-engines. So it is natural that the current POB price is low.

Is investing in POB still profitable?

I am not a financial advisor, but I will give my opinion about POB investment.

POB has fixed supply. That is 21 million tokens. The minted token is 1,739,072 or 8,2 % of the total supply token. If I am not mistaken, this is the second year of halving. In the next two years, the curation reward for POB blogging will be half of the current reward.

If you have 2000 POB power, your vote value is around 1.1 POB. It means that you will earn about 0.5 POB per vote. Let's say you vote on 10 posts per day. You will earn around 5 POB.

2000 POB tokens are worth $ 210. The POB daily reward will be 5 tokens or $0.50 if the POB price is $0.105. The daily staking reward is 0.24%.Your monthly staking reward will be around 7% if the POB price is $0.105.
if POB price moves up to 100% to be $0.210 your daily staking reward will be 0.5 %. The monthly staking reward will be 14%.

Now is the time to stake, buy, and hold POB.

An investor will find assets that have the potential for a future profit. Some people may be amazed by the rise in bitcoin price. The question is where they were when the bitcoin price was $18,000.

It can be similar to POB. POB price has ever reached the ATH. It was around $1. Is it possible for the POB price to rebounce? The answer is very possible. What are the reasons why the POB price has the potential to rebounce?

Proofofbrain.io announced the official posts about the update to the front end in the coming weeks. There will be some features in the new front ends. Let's wait...!

Alright,.... ☕, The rise of POB price is the future discussion.
Let's see the recent price. With the recent price, you still earn around 7% of a monthly return. Is it profitable or not? I think it is still profitable for a small investment in Hive.



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