BTC.charts on Nostr: The Exponential Factor Stacking SATS Compound interest is the eighth wonder of the ...
The Exponential Factor
Stacking SATS
Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.
#AlbertEinstein
Imagine your friend has offered to bring you a latte, sweet and whatever magazine you’d like.
Each morning for a month!
Sure, you say. What’s the catch?
I’m going to charge you 1 cent the first day.
A penny!
Yeah, and two cents the next, and double that amount each day for the month. One cent. Two. Four. $1.28 on day eight.
What! Why? How! For 30 days. A latte, sweet and magazine. Each and every day?
So who wouldn’t do that, you might ask.
What do you think you’d be paying your friend on day 30?
And what does this have to do with #Bitcoin. With stacking SATS.
Well just for fun, imagine you were able to double your Bitcoin stack, once a year. Twice a year. Or more.
No matter what the Bitcoin price.
Hodling Bitcoin is likely the best choice for most. Learning how to profit from the ebb and flow of the market, with a small percent of your stack is an additional possibility.
Doubling your stack. Once, twice, or more in a year. Depending on your skill as a trader.
In the ebb and flow.
Disclaimer: I'm not offering a course. There are others that offer a variety of strategies.
I'm just keeping notes (to self) and stuff.
Ok, so who wants to have a friend bring you your favourite latte, sweet and magazine for the next thirty days?
Stacking SATS
Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.
#AlbertEinstein
Imagine your friend has offered to bring you a latte, sweet and whatever magazine you’d like.
Each morning for a month!
Sure, you say. What’s the catch?
I’m going to charge you 1 cent the first day.
A penny!
Yeah, and two cents the next, and double that amount each day for the month. One cent. Two. Four. $1.28 on day eight.
What! Why? How! For 30 days. A latte, sweet and magazine. Each and every day?
So who wouldn’t do that, you might ask.
What do you think you’d be paying your friend on day 30?
And what does this have to do with #Bitcoin. With stacking SATS.
Well just for fun, imagine you were able to double your Bitcoin stack, once a year. Twice a year. Or more.
No matter what the Bitcoin price.
Hodling Bitcoin is likely the best choice for most. Learning how to profit from the ebb and flow of the market, with a small percent of your stack is an additional possibility.
Doubling your stack. Once, twice, or more in a year. Depending on your skill as a trader.
In the ebb and flow.
Disclaimer: I'm not offering a course. There are others that offer a variety of strategies.
I'm just keeping notes (to self) and stuff.
Ok, so who wants to have a friend bring you your favourite latte, sweet and magazine for the next thirty days?