The content of the group chat just happens to be a good opportunity to explain the power of compound interest. In simple terms, even if you only have a fixed 1% return rate per day (principal 100 multiplied by 101%, then 101 multiplied by 101%, then 102.01, and so on), over half a year, your principal can roughly multiply by 5.9 times, and in a year, it can multiply by 36 times. I was quite lucky; when I first entered the crypto space, it was just the beginning of a bull market. At that time, although I paid tuition for contracts, buying spot assets from altcoins, anything with value could make a profit. Later, I learned some technical skills, but mainly it was patience.
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100UsdBravelyVentureIntoThe
· 01-04 12:45
My small goal is to double every month, and after six months, it will be 64 times. Currently, I haven't achieved it.
The content of the group chat just happens to be a good opportunity to explain the power of compound interest. In simple terms, even if you only have a fixed 1% return rate per day (principal 100 multiplied by 101%, then 101 multiplied by 101%, then 102.01, and so on), over half a year, your principal can roughly multiply by 5.9 times, and in a year, it can multiply by 36 times. I was quite lucky; when I first entered the crypto space, it was just the beginning of a bull market. At that time, although I paid tuition for contracts, buying spot assets from altcoins, anything with value could make a profit. Later, I learned some technical skills, but mainly it was patience.