I rented out many cards, with the automatic or recommended price on the peakmonster site.
I am doing a regular checking, and find interesting fact, because one of my rented out card is having very very high APR, it's 110% of APR !
But first, Why APR is important ?
APR reflects the total annualized return of an investment,without any compounding (unlike APY, which includes compounding). This is a projection about how much we can earn in a year compared to how much we need to spent.
My highest APR comes from the Max level of Magi of Chaos.
Let's try to see why this card could get very high of APR ?
- High Demand.
High demand is the main reason in my opinion. Why ? because with high demand, players are competing to rent the cards and will ready to pay more to get the cards. This mean they want to pay higher for renting the Magi of Chaos card. But the next question is, why Magi of Chaos is having so much demand ?
There is several reason why this card is so good and people want it on their deck.
- First that this card is still in the modern league. With more league playable, there comes more opportunity, right ?
- Magi of Chaos is a neutral element cards. This mean flexibility for players to use it on most matches on the game, except the no neutral rules and other minor rules.
- Solid damage, pretty good health, and useful ability. With just 6 mana cost, magi of chaos can give 4 magic damage to enemies (magic is very effective damage in my opinion). Magi of chaos also have the oppress ability, so he will be very useful against the monster with no damage that often cause trouble because they are often hard to beat because they have high survival ability or stats.
- Price drop at the moment.
The other reason that makes the APR looks so high is the current price of the card. If we see the cards on peakmonster, we find that magi of chaos last transaction is on the bid price. Compared to the selling price, it's around 30% discount !
We can see that the price trend is dropped 47% on the peakmonster site.
o, the APR is not that high ? Yeah you can say so, but even half of 100% is still 50% and that's still a lot of APR !!!
But if you want to get the APR more than 100%, better put a bid and hope that someone sold their card to you !
