Saturday, January 20, 2007

Small Changes Of The Rules

I decided to follow all the rules of the system to the letter, with only two minor changes.

Firstly, I felt that some correction is needed in the value of the first coin (Step 1) in order to adjust the system to Croatian currency (Croatian kuna or HRK) . As current exchange rates are as follows:

1 GBP = 11.20 HRK
1 EUR = 7.36 HRK
1 USD = 5.68 HRK

it seems reasonable to choose 10 lipas instead of 1 lipa as starting point in Croatian version of doubling adventure. That way final amount after 28 steps will be 12,800,000.00 HRK. At current exchange rates that will be:

1,142,857.14 GBP or
1,739,130.43 EUR or
2,253,521.13 USD.

Much more exciting than 1,280,000 HRK, and much closer to original targeted amount of 1,280,000 GBP.

So, steps in such revised system will be (in Croatian kunas, HRK):

Step 1: 0.00 - 0.10
Step 2: 0.10 - 0.20
Step 3: 0.20 - 0.40
Step 4: 0.40 - 0.80
Step 5: 0.80 - 1.60
Step 6: 1.60 - 3.20
Step 7: 3.20 - 6.40
Step 8: 6.40 - 12.80
Step 9: 12.80 - 25.60
Step 10: 25.60 - 51.20
Step 11: 50.00 - 100.00
Step 12: 100.00 - 200.00
Step 13: 200.00 - 400.00
Step 14: 400.00 - 800.00
Step 15: 800.00 - 1,600.00
Step 16: 1,600.00 - 3,200.00
Step 17: 3,200.00 - 6,400.00
Step 18: 6,400.00 - 12,800.00
Step 19: 12,800.00 - 25,600.00
Step 20: 25,600.00 - 51,200.00
Step 21: 50,000.00 - 100,000.00
Step 22: 100,000.00 - 200,000.00
Step 23: 200,000.00 - 400,000.00
Step 24: 400,000.00 - 800,000.00
Step 25: 800,000.00 - 1,600,000.00
Step 26: 1,600,000.00 - 3,200,000.00
Step 27: 3,200,000.00 - 6,400,000.00
Step 28: 6,400,000.00 - 12,800,000.00

Secondly, I didn't like possibility, given by Rule # 1, to leapfrog Steps and to carry over funds to next Step in case of found money. In my opinion, those options are inconsistent with the Rule # 4 that specifically states following: "If your current step results in more than doubling, then you must spend the surplus on yourself and leave only the approved stake money.". I decide to apply Rule # 4 to found money as well. So, I will not leapfrog Steps nor carry over funds to next Step in case of found money.

All other rules presented in the "How To Double Your Way To A Million" ebook are unchanged and I will stick to all of them in My Doubling Adventure.

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