This time last year my COTI stake was 166 471 and fast forward 12 months and that number has grown by nearly 110K and is a 66% plus growth. The current stake has taken roughly 4 years to achieve and the rate of growth has definitely increased.
Sometimes you can lose focus because it is hard to understand with all the growth each week how the value of the stake stays stable. Doubts do creep in and you must stick to the process and trust the strategy of growth. It does give the impression you are not growing yet standing still in a declining market is still regarded as growth. This can be misleading with the market hiding the true values and only when the time is right will the true values be revealed.
The average for the first 3 years was in the region of 55-60K per year so over the last 12 months this rate has basically doubled. Forget the overall value because what is important now is the number of tokens and that these are accumulating at a quicker rate compared to the years previously.
Crypto sure does mess with your mind with the market swings highlighting how volatile this all is and the risks involved. Crypto is still very much in it's infancy which is still hard to fathom considering many of us have been involved for a considerable many years and not much has changed or seems to have changed.
The good news I guess is we do not have Gary Gensler to contend with these days and even though the hand brake still has not yet been released we seem to still be heading forwards even if it is slow going. The reality is crypto and blockchains were not ready for the real world and more development and technology was required in order to make it happen.
Instead of messing about with meme coins and projects that offered no value and were just distractions for the simpletons who only wanted moon bags. Crypto has so much to offer and we all know it is the future technology that will be adopted once the technology is fitting and aligning with the institutions needs. Only then will we see the true value of what we have in our portfolios and it will not be the meme coins pumping.
We may have another 12 to 18 months before we see the crossover move into the real use cases taking place or it could be far sooner. I thought it would have already happened, but kind of understand why it has stalled due to not being ready. For any technology to be replacing what already exists it has to offer far more and be far better or there is no advantage to change.
Knowing what is needed for adoption has already been developed and now just needs some fine tuning means we are closer than ever and our one job now is to grow our bags before this happens. The thought of life changing money is still a distant dream with the hope this could become a reality. We have to just give it our best shot and the larger the bag or bags the better the chances.
Posted Using INLEO
Told me how many times i can unstake the cotyit have a period for unstake.
If i stake in the treasury of coti, how many times i ha e to unstake my investment.
By the way what happens with your other favorite coin,
Vet, what happens with vechain why this dislike youi can see you taking about this, it make some bad that dialike you
Or i will put my finger in this other.
By the way it get some coti.
COTI has set staking times, 30 days up to 360 days. If you pull the stake out early because the price increases and you want to sell then the penalty is small. Starts at around 2% and every day you are staked it drops in penalty percentage. You will earn more than the penalty and it is nothing to worry about.
VET is good but no dislike from me as there is no urgency yet to buy more. Waiting for the use cases to increase blockchain transactions first. I would wait on VET.
Just think how big it would be if you had maxed out your GCOTI bonus sooner! :) I'm still struggling to hit the 50K mark, but I have everything fully matched.
Yes building up to buy GCOTI. This method still works because I calculated what GCOTI I am buying now if I bought COTI instead it would take around 18 months to get to that amount of COTI through rewards. Towards the end of last year we were not sure what the market was going to do so the focus was on having more COTI because this was going to be sold for profit. Now it looks like we have more time so getting GCOTI makes more sense than it did then.
If only COTI could retrace to its previous prices and more... I am starting to lose faith here, how's yours?