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by COINS NEWS 47 Views

know everyone's excited about the huge move in crypto, hopefully it's not a trap. Needs to hold close to these levels for the weekly close and we should be good for now atleast.

I wanted to share how powerful compound interest can be when it comes to crypto or really any asset if your new to the concept.

We all know btc to can move multiple percentages up or down on any given day but if we can average .25% gain daily on average for one year at a current value of 76k in 365 days we would be at 186k! It's historically done better but i do belive in the law of diminishing returns.

Most assets would could never dream of this but it is possible in crypto. Oddly enough I was thinking 160k would be close to the top of this cycle (but no idea) so it kinda lines up, that would be an average of .2% daily. I'm not a fortune teller or anything and it's just an educated guess.

If the US and other countries actually start using it as a reserve it could shoot way past that but I think if that were to happen we can say goodbye to the 4 year cycles if the ETF's didn't already end them.

There will be huge swings but the future is bright!

submitted by /u/alpeshnaper
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