Most of the people know what is compound interest but they doesn't know how to earn compound interest.

in #bitcoin3 years ago

Once a time Albert Einstein said that he agreed compound interest is the most powerful force in the universe.
Today I will tell you the easiest way to earn compound interest. if you want to learn then read the full article even I also earn compound interest I will show you my earnings.
LET'S GO THE TOPIC.
Step number 1 :- buy some cryptocurrency I will show you which coin provide good return's of interest
In different platform's.

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Step number 2:- send you cryptocurrency to the specific wallet ( eg. Blockfi, nexo, celcius,ledn,
Gemini etc.) And enjoy your compound interest.
The problem is that some of these platforms paid your interest monthly, weakly and daily basis.
Eg. 1:-Blockfi paid your interest monthly basis.
2:- Celsius paid your interest weakly basis.
3:- nexo paid your interest daily basis.
I already have my nexo account and I will show you my daily interest.

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Now the question is if interest paid out how it will be compound.
The answer is your paid out interest will be added to your principal deposited amount.
Eg. You have blockfi account. The blockfi will be paid your interest monthly.
just imagine today 03/06/2021 you have a 1.00 BTC in your account 6% of interest rate.
On 4th july your principal balance is 1.005 BTC you earned 0.005 BTC in interest and next month August you earned 1.010 BTC. This process will be repeats month over month until you withdraw your funds.
Please support me and click on the follow button. Thank you.

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