🤤🤤🤤Yesterday I mentioned $DASH showing negative growth, but the volumes are rising, so we're catching a bounce upward :) Now's the perfect time to jump in before it's too late.
* start: $8.38 * APR: 6.31% * add $1 every week * time to hit $1000: ~12.5 years
So:
* you'll invest your own funds approximately: 1 \times 52 \times 12.5 + 8.38 \approx 658$ * interest will give you approximately: 1000 - 658 \approx 342$
So about 340$ will accumulate just from interest.
But it's important to understand:
* the first few years, the interest is almost laughable; * the real growth kicks in closer to the end, when the amount is already substantial; * compound interest works slowly while the capital is small. Finance really loves to help those who already have money. It's a pretty touching system.
vionex
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How long does it take to turn this amount into $1000? Earn + auto-subscription $USDC
$USDC Earn (flexible), 8.38223988 USDC, APR 6.31%. I'm assuming the interest is automatically reinvested (auto-subscription is on).
Let's calculate using compound interest:
Formula: t=\frac{\ln(1000/8.382)}{\ln(1+0.0631)}
It comes out to about 78 years.
If we break it down: * up to $10 → ~3 years * up to $100 → ~40 years * up to $1000 → ~78 years
Replaced $NEAR with $DASH $DASH is showing a negative growth, but the 24-hour volumes are indicating an uptick, so we could catch a solid bounce upwards.
$NEAR started to dip significantly in price, so I converted it into $USDC . I’ll be on the lookout for a new interesting coin.
vionex
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‼️Day 10 How we're moving from $19 to $100 on spot trading, in just 24 hours, we pumped $NEAR and netted +$2, currently up a bit at $EDEN for a total of +$3 in 24 hours.
‼️Day 10 How we're moving from $19 to $100 on spot trading, in just 24 hours, we pumped $NEAR and netted +$2, currently up a bit at $EDEN for a total of +$3 in 24 hours.