Have you ever heard of 'Compound Interest'?
Maybe not, but you, who are interested in cryptos, in generating passive income through Cryptocurrencies Staking, and well know that at MyCointainer you are at the appropriate place.
MyCointainer Staking and Masternodes Platform offers an almost unique opportunity on the internet, we can even say that it offers turnkey services:
Staking
Compound Interest
Power Plan
These 3 Services used simultaneously offer you unparalleled profitability! It's finally time for you to take control of your finances and take advantage of the best that MyCointainer and Cryptocurrencies have to offer you
But first of all, let's make the difference between 'simple' and 'compound' interest.
For example, we will use a fiat currency system.
1st case → On January 1st 2020 I invest $10,000 at 10% a year (Simple interest rate) for 5 years and I do not touch the money.
January 1st 2021 - I should earn $1000
January 1st 2022 - I should earn $1000
And the next three years $1000 a year.
At the end of the 5 years, my $10,000 invested, on a simple interest basis, will bring me $5,000 or 50% profit.
2nd case → On January 1st 2020 I invest $10,000 at 10% yearly (Compound interest rate) for 5 years and I do not touch it the money.
January 1st 2021 - I should earn $1000
January 1st 2022 - I should earn $1100
January 1st 2023 - I should earn $1210
January 1st 2024 - I should earn $1331
January 1st 2025 - I should earn $1464
At the end of the 5 years, my $10,000, invested on a compound interest basis is therefore earning me $6105 or 61.05% profit, which shows that reinvesting the interest is much more profitable than not investing it.
It's still better to invest with compound interest don't you think?
Now that you understand the principle, here's what MyCointainer has to offer you. Compound Interest is not applied annually, nor monthly, but daily!
As Albert Einstein himself said "Compound interest is the 8th wonder of the world. He who understands it….earns it. He who does not understand it….pays it".
And so the world of the Staking of crypcurrencies has understood this, and applies it to the best, even in times of falling markets we don't have to worry about it, we still win, the principle is simple, we make a deposit, and let it happen, I will illustrate this with an example. Let's take the Cryptocurrency Rapids (RPD) (because in this month of March it's the one that offers 100% reward on staking, that is to say 0% fees).
You wish to make a first deposit of 1 Million RPD, at a yearly rate of 61.26% (knowing that this rate can vary slightly). To facilitate this calculation, we will divide this rate by 365 (number of days in the year), we thus arrive at 0.17% of daily profit.
This is what happens in a month:
1st day → 1,000,000 RPD +0.17% = 1,001,700 RPD
2nd day → 1,001,700 + 0.17% = 1,003,402.89
3rd day → 1,003,402.89 + 0.17% = 1,005,108.67
...
30th day → 1,050,491.47 + 0.17% = 1,052,277.31
So in one month of compound interest, you should earn 52,277.31 RPD, without doing anything.
And if we want to run these crypto's for 5 years, how much do you think you'll earn?
Based on the same data, 1 Million RPD as initial investment at a yearly rate of 61.26%, and let the compound interest work for 5 years (1825 days + 1 day because there will be a leap year), you would have the following:
→ 20,109,434.58 RPD (the calculation gives me a total of 21,232,705.09. From this amount I arbitrarily deduct 10% which corresponds more or less to the fees of the platforms and I add the basic initial investment)
We arrive at an X19 on the initial investment, just by being patient! Isn't life beautiful?
And just for fun, after 10 years (3650 + 2 Days), how much do you think you'll get?
→ (Still using the same data, and deductions of fees) 444,963,859.60 RPD
Conclusion…... 10 years of Staking Rapids (RPD) will make you gain 443 times the initial investment!
These numbers may make you dream, even make your head spin or you find it hard to believe? Well you're not dreaming! This is what compound interest is, and MyCointainer does everything possible to allow you to get the most out of your investment in Cryptocurrencies (Can you imagine doing this with Dollars?).
Use this online calculator to make your own simulations.
Staking and Compound Interest are not the only 2 features that this platform puts at your disposal, there are also Power Plans.
Power Plan offer is presented in 2 parts: PLUS and MAX
Power Plan PLUS at 3,90€ (VAT included) per month
Access to all Cryptos supported by MyCointainer (currently 44)
100% staking reward on all cryptos (0% fee for MyCointainer)
1% of this amount is used for the community cause
Power Plan MAX at 8,90€ (VAT included) per month, currently (limited quantity)
Access to all Cryptos supported by MyCointainer
100% staking reward on all cryptos (0% fee for MyCointainer)
7% of this amount goes to the community cause
Giveaways entries, with a minimum monthly reward of $200
Reward Match Promise
Conclusion
Using MyCointainer ensures that you get the best return on your Crypto investment, and if you combine Staking, & Compound Interest with the Power Plan MAX offer, it's the winning trio to maximize your profits, which no other staking platform currently offers, and a chance to win an additional $200 gift.
Then why go somewhere else? Join us now, and start generating a passive income from the first day of Staking on MyCointainer.
You can consult the list of Cryptocurrencies supported by MyCointainer on this link
If you're looking for general information about cryptocurrency, crypto news, tips, guides, strategies, fintech, new technologies, trading space, crypto investments and many more? MyCointainer Insight is the place to go. Visit MyCointainer Platform also feel free to sign up for our Community so we can make impact together.
Take the control of your passive income now, and opt for MyCointainer's Power Plan, to earn 100% revenue on all your crypto stacked.
Follow MyCointainer on Twitter or Instagram and check out our Telegram channel.
MyCointainer community and I remain at your service if you have any questions
See you soon
Christophe WILHELM
Published with the agreement of MyCointainer
Credits photo : https://www.mycointainer.com/
Resources