You often hear people in crypto talk about the boring periods in crypto when there is not much going on with the markets moving sideways. If they only knew that this is when the real wealth is being created behind the scenes and this is a seriously important time in the cycle. This for me is my favorite part of the cycle due to how much growth takes place meaning I am getting richer every week.
Tonight I received and staked my GCOTI weekly rewards which are only worth $13.31 if sold, but once staked generate an extra 50 COTI per year or 0.13 COTI daily that is compounding continuously over time generating far more. There is nothing complicated about this process and more importantly it works.
This week the stake along with a small top up has grown by 734 COTI and next week will see similar growth again. These small increments of growth over time start to become worth a small fortune and why being consistent in whatever you do does work.
Know Your Numbers
Building any sizeable stake takes time and it cannot be rushed because it is the time that is required in order to grow. It is the 0.13 extra tokens per day that are being added along with all the other tokens accumulated that unlock the true wealth. The 734 COTI staked this week earn another 93 COTI per year or 0.25 COTI daily bringing this weeks growth to a value of 0.38 extra COTI daily.
Rise and repeat this process over the course of 1 year and you will be earning well over an extra 20 tokens per day. Forget about the prices and concentrate on the number of tokens because this is what is important for now. Crypto is all about the numbers and the sooner you understand the growth in your chosen investment the more successful you will be. I am confident I will achieve my crypto goals mainly down to understanding the process along with the numbers required to make it happen.
The best part about accumulating crypto is it can be addictive seeing the stake growing at the rate it does once you have found the sweet spot. This is why I try and encourage others to learn and understand the growth through numbers because you will enjoy your crypto far more.
There is nothing boring checking in on your bags daily and seeing that the umbers have risen even if it is only by a smallish amount. Staying consistent over a period of time and that number will start to grow, but you also need to have patience for this to happen or you will not reap the benefits. My advice is to just keep things simple and stay consistent harvesting the rewards often maybe even twice or three times weekly to help the compounding take place quicker.
Posted Using InLeo Alpha