Is it difficult to earn 3 million RMB by working casually in the crypto world for a year?

We can use the compound interest formula to calculate: A = P(1 + r/n)^(nt)
Among them:
A is the final amount
P is the principal (3,000,000 yuan)
r is the annual interest rate (10% = 0.1)
n is the number of compounding periods per year (assuming annual compounding, n = 1)
t is time (30 years)

Guess in 5 seconds...

Answer: After 30 years, a principal of 3 million with compound interest will be approximately 52,347,000 yuan.

This is still calculated on an annual compounding basis, and the income is higher when calculated using the crypto world's DeFi compounding method.

The crypto world doesn't have a high annual return of 10% (Bitcoin averaged an annualized backtest of around 35% since 2017)

Staying up late in the crypto world, drinking, socializing, and sitting idly waiting for the market can be very draining, especially when you're woken up every day by liquidation notifications. You should observe the big shots in the crypto world like Shen Yu; they are actually practicing a Zen-like approach to holding coins and maintaining their health.

Do not waste your young life on staring at the market, gambling, or chatting aimlessly in groups. In fact, you are already financially free and should enjoy life at a higher quality, see the vast world, and purchase quality services to free up your time.