Algorand Compounding Calculator! How much can you make with Algo?
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First
Yay!
Picked up 20 algo at 1.25 today
Already in profit!
Yeah. 🙂 good day
All good bro tell the dog shh. Why is this in 360p? the math is correct https://www.chase.com/personal/credit-cards/education/interest-apr/calculate-daily-periodic-rate,
You are not making dollars you earn algo. So over a year you make 7.5% of your total algo. so if you had 100 algo you gain 7.5 more over the year
Cuz it’s still technically uploading. I usually just upload and let it go public ASAP and it takes a little longer to finish & update to better resolution
I see what you’re saying. The dollar amount could be misleading. It’s better to do the compound math on actual token holding versus it’s worth!
So the Algo automatically gets added to your total but it does not compound until you make a transaction.
So basically it’s more of a visual representation of what you have, but not locked into your wallet just yet.
@Nerdy Dude Stuff no they are locked in and you can withdraw them you just can;t earn rewards on your rewards until you make a transaction. So as long as there is a rewards balance you are not earning rewards on those rewards.
I picked up 152 today a 1.30. Over 900 Algorand now. Stay low a little longer 🤣🤣
Keep on grabbing!!!
The compound should be compounding coins not dollar amount.
Yeah I’m realizing that.. time to go back to the google docs…..
Great video, when you put your algos in the algo app how long does it take to earn interest/ get the rewards
I think reward payouts are every 9 minutes. So basically.. instant!
LET’S GO ALGO!!!!
Keep adding to your bags!
🤦♂️ lol
My numbers and presentation is impeccable!
To the 🌙
Easily!
Making an ALGO not making a dollar.
I want one instance of yelling at the dog per video. Make it happen.
My wife said the same thing and that I need to do a montage eventually….
I’ve done the math, algo is 6%
I’m sorry man, but I have limited time, and you waste rambling on about side topics and yelling at your dog. Several minutes in, and you still haven’t gotten to your point. I can’t watch anymore. Good luck to you, though. 🙏🏼
👋👋🙄
My bank is 1.1%
Cue the ALGO bed wetters with ill-informed opinions on high circulation 🙄
Alright Chico