Looking at my COTI Treasury stake today I have been working out how to tackle the 200K target which should be achieved by April 2025. 200K is rather dauting right now even though I am nearly 70% there already. This would be the 3rd year anniversary of having stake within the COTI Treasury of which I don't really count the accumulation period before this period because those numbers were so small being around 3K. I was averaging 62K COTI stake growth per year over those first two years so achieving 200K would be on track.
The thought process is 5K COTI per month through investment plus the rewards being earned which is 1K monthly. This is doable and not something that is going to be a struggle plus the hope is that the rewards will continue to increase slowly.
I know that by changing my one stake in August I can achieve 5 more COTI daily which is an extra 150 COTI per month I have been missing out on. The APR up till now has been fairly consistent and this should change as new clientele are added when the new V2 COTI tech launches in Q4 later this year.
Cannot Rely On APR Increasing
The DJED stable coin on Cardano has not done that much and is steady without the fireworks which is understandable. Only when ADA is over $1 will this change and why it is in a similar position to HBD ad HIVE. It is just not financially viable to be stacking DJED or HBD until we see the $1 mark because you would lose more than you would gain holding it now. In other words the COTI Treasury APR will remain in this "no mans" land until more rewards filter back.
The big difference that will or should take my COTI stake over the 200K later this year is the token swap out also due in Q4 and why having as many as possible will pay off handsomely. At my current rate of growth I should have 170K COTI and would be 30K short of ending the year on 200K which would be 4 months ahead of target if this was achieved.
We do not know what percentage in extra tokens we will be receiving and expect somewhere between 10 and 20%. The bull cycle could also cock things up depending on when the peak happens. My head is telling me next year more than this year so it is only about being ready for whatever scenario happens. If it is at the end of next year then I see no reason why I could not have closer to 300K COTI ready to sell which should from reading between the lines be a good pay day. COTI would be an ETH L2 token by then and surely the last ATH of $0.66 would change dramatically with all the new innovation and tech that has happened since then. I do see the $0.66 as bare minimum which would see a $200K value for just over 3 years work as still decent for time spent.
I need to somehow double my current growth of 1K COTI weekly in order to hit the 200K target this year and exclude the swap out bonus and see that as the extras. The next 6 months is vitally important as it should be because when this cycle is over you can then assess and judge how well you did. I am crossing my fingers and toes that we are talking about the ATH's next year October, November or December and not before then. This could be the difference between making an extra $100k or far higher just on this COTI stake excluding the rest of the portfolio. Kind of crazy to be thinking like this, but you need to be prepared for any eventuality that may happen
Posted Using InLeo Alpha
