FinancialJackass on Nostr: #btc #bitcoin chart post from earlier. Do you think we could hit: 4-year 100% ...
#btc #bitcoin chart post from earlier.
Do you think we could hit:
4-year 100% Compound Annual Growth Rate (CAGR), we can use the formula:
Final Amount = Initial Amount * (1 + Growth Rate)^Number of Years
In this case, the initial amount is $100,000 USD and the growth rate is 100% (expressed as 1.00). The number of years is 4.
Final Amount = $100,000 * (1 + 1.00)^4
Final Amount = $100,000 * 2^4
Final Amount = $100,000 * 16
Final Amount = $1,600,000 USD
100% CAGR with all the tailwinds ahead of us for the next 4 years, ETF, FASB, Halving, adoption growth. etc… it’s possible
What do you guys think? To high?
Do you think we could hit:
4-year 100% Compound Annual Growth Rate (CAGR), we can use the formula:
Final Amount = Initial Amount * (1 + Growth Rate)^Number of Years
In this case, the initial amount is $100,000 USD and the growth rate is 100% (expressed as 1.00). The number of years is 4.
Final Amount = $100,000 * (1 + 1.00)^4
Final Amount = $100,000 * 2^4
Final Amount = $100,000 * 16
Final Amount = $1,600,000 USD
100% CAGR with all the tailwinds ahead of us for the next 4 years, ETF, FASB, Halving, adoption growth. etc… it’s possible
What do you guys think? To high?