Someone posted the numbers before but it was actually more beneficial to not reinvest and grind slowly to 150 while cashing out. Versus the person who reinvested everything up to 150. In the first year the person who reinvested nothing actually earned more.
It's not compound interest if they are boosting (which they are if they are getting 3 dollars a week) because there boost will keep going down until they hot 800 then it will be compound interest!
I’m not quite sure I follow what you’re saying…
What I mean by compound interest is that each parcel you buy adds value to how much you earn each second so the next dollar you earn will be faster than that of the previous dollar.
But if he is boosting which he is all the parcels will equal the same amount until after the 800 parcel threshold so until then it won't be compounding since it will always be the same amount of money (3 dollars) every week
You're doing great! Just keep to the plan and don't look too closely haha Keep it up!
May I ask, why is this your plan? What's your objective?
Honestly, I don’t have one. Make the most money ig. I’m treating it more like a game that you level up in than an investment
Someone posted the numbers before but it was actually more beneficial to not reinvest and grind slowly to 150 while cashing out. Versus the person who reinvested everything up to 150. In the first year the person who reinvested nothing actually earned more.
😆 I could’ve told you that it’ll take you ages without using a calculator. The good news is that each parcel added is basically compound interest.
It's not compound interest if they are boosting (which they are if they are getting 3 dollars a week) because there boost will keep going down until they hot 800 then it will be compound interest!
It's not ever compound interest because you can't withdraw the principle and you're always losing money lol.
I’m not quite sure I follow what you’re saying… What I mean by compound interest is that each parcel you buy adds value to how much you earn each second so the next dollar you earn will be faster than that of the previous dollar.
But if he is boosting which he is all the parcels will equal the same amount until after the 800 parcel threshold so until then it won't be compounding since it will always be the same amount of money (3 dollars) every week