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File: 12 KB, 538x283, algorand3.png [View same] [iqdb] [saucenao] [google]
29657022 No.29657022 [Reply] [Original]

He will make a follow up video in a couple of years.
https://www.youtube.com/watch?v=vOtqGTZAN8Q

>> No.29657742

>>29657022
algorand and link

>> No.29658005

> 36000 / 1.55 = 23225.8 Algo

I'd guess he got around 22,000 Algo after fees. Staking that generates him around 116.9 ALGO a month ($127.47) Hodling a year would generate 1403 Algo ($1,530)

He's generating a passive income and if Algo increases in price he can easily just sell and make a profit. Algo's ATH is $3.56 - so chances are we'll see it reach that again as long as the project has value and continues.

>> No.29658226

>>29658005
It's actually more than that due to compounding interest, here's your formula to find the real amount. Assume you zero every day.
The formula for compound interest is P (1 + r/n)^(nt), where P is the initial principal balance, r is the interest rate, n is the number of times interest is compounded per time period and t is the number of time periods.

>> No.29658301

>>29658005
yeah I think long term he'll be alright but he said he sold everything and went all in. I really hope he doesn't exit at a loss, but you never know. Fuck I hope he is smart enough to ride it for at least a week or two.
I want daily updates now from this Algochad, but I don't think he will.

>> No.29658525

2 dollar when.

>> No.29659013

>>29658525
I'm trying to compare their market cap to other names like Uniswap. I have a feeling with all the of the things that Algo has, it should be valued closer to Uniswap. From here until there is about 7x.
This paints a bullish picture but someone will fud it for me.

>> No.29659348

>>29659013
>7x
double checking this and it's wrong. it's only about 2.5x

>> No.29659575

>>29659348
Shoot

>> No.29659960

>>29659575
there is usually a reason worth knowing why coingecko and cmc have different figures. maybe had to do with the recent dump from the foundation.

>> No.29661022
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29661022

It could go up, it might go down, and it may stay the same.

>> No.29661178
File: 399 KB, 1015x764, 1613347202127.png [View same] [iqdb] [saucenao] [google]
29661178

>>29657022
algo is the way

>> No.29662279
File: 18 KB, 473x473, 1606615050947.jpg [View same] [iqdb] [saucenao] [google]
29662279

I bought $25k at $1.64
I just keep telling my self 1 year, just 1 year and things we be fine again

>> No.29662810

>>29662279
there are worse stonks to be bag holding, you are in good company, but my cost basis is around 1

>> No.29663007

>>29662279
No matter what you would have bought you would be in the red right now. Everything is controlled by the BTC swings. What do you wish your $25k was in now?