5k Mana remaining!!
Send me Mana, based on the profits made over the period until end of April, I will return your Mana +/- profits.
To be exact, for every Mana I make, if your initial investment was 'y' Mana, and my current net worth during the profit is 'x' Mana, you are entitled to (y/x)/2 of it. So suppose you invested 1 Mana and I have 50 Mana net worth when I make 'z' profit, then you are entitled to '(1/50)/2 * z' profit. This applies for any loss as well.
The amount that will be returned then will be your initial investment +/- the profit/loss made.
Profit isn't guaranteed, nor return of any Mana. This is solely based on trust which I can break (I won't tho).
This question resolves to 50 % + percentage of profit made on average.
The question resolution and the return of investments will be at the end of April. And I will be accepting investments only on March.
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🏅 Top traders
| # | Name | Total profit |
|---|---|---|
| 1 | Ṁ33 | |
| 2 | Ṁ2 | |
| 3 | Ṁ1 | |
| 4 | Ṁ0 | |
| 5 | Ṁ0 |
@traders Investments have been returned along with profits made. If anything doesn't match, please let me know.
Hello @traders. Unfortunately, all didn't go according to plan as during the period when "smooth selling" of shares was being executed, Manifold kind of gave up, and instead stopped reporting trades for my bot all together + clearly confused the algorithm as all that happened to the balance is that it went down. As such, with only 300 Mana balance I present you with two options: 1. I will sell the shares in a "non-smooth" way at the cost of less profit for everyone or 2. I will extend the close date by one month and if Manifold, fixes the issue by then, the sales will be performed smoothly over that period. You can simply reply "1" or "2". I will pick the most voted option by Saturday.
@spacedroplet 2 but we will need to contact admins for the transfer to happen because managrams will be disabled on May 15th
@spacedroplet 2, seems unlikely the team will have time for fixes while sprinting for sweepstakes, but worth a try.
@spacedroplet Oh you are counting it that way? Thats dumb. I would have dumped it in increments of 500 to maximize the percentage then.
@SavioMak In other words for every Mana, made you get a portion of it based on the current net worth at the time. This is the most accurate way to give investors the stake they would earn if it was their bot divided by two so that I have profit also.
It is more accurate, but also not how I understood the text you wrote.
To be exact, for every Mana I make, if your investment at that time was 'y' Mana, and my current net worth is 'x' Mana, you are entitled to (y/x)/2 of it. So suppose you invested 1 Mana and I have 200 Mana net worth, then you get 1 % of the profits + Mana invested. This applies for any loss as well.
I understood current net worth as the net worth before I invested, and I thought this is an incentive for early investors. Your example is also wrong btw (regardless of either understanding).
In this case I would like to reduce my investment from 4000 to 2000.
@SavioMak Sure! Thanks for the feedback, I've corrected the mistake in the description. I'll try make the description more precise.
