So there has been several posts about Wonderland TIME and the huge fall it has taken since November. It had a previous all time high over $10,000 and is now hovering a bit over the $1,000 mark. I got asked multiple times last few days/weeks if I was worried. Very simply put….. NO.
Btw I purchased 4 time tokens at $4200 3 months ago so the price has not been real kind to me either.
I have staked heavily in FTM. Beets, Tomb, DMD and LQDR. I love LQDR. I bought 1,000 LQDR when it was $3. Its now over $40 and has been as high as $55. Do I believe more in LQDR than TIME? Once again, NO.
I am also in THOR, PaPa Dao, staked VRA, and more.
My calm about all of this is based on understanding of my goal as it pertains to compound interest. My goals are different than most if I had to guess. Most would say they want to get to a certain dollar amount, not me. I want a certain number of accumulated assets. I want to be accumulating as much as possibly daily. I will accumulate for 365 days before I think if cashing out.
To give you an example:
I bought time at $4200 per. 4 in total for a total purchase of $16,800. Right now the value is not what we bought in for and it has been almost 3 months. Panic? Lol. Hell no. See how this works is I wait. The math works as follows:
The APY is AROUND 80,000% if left alone for 365 days which means at the end of one full year I would have 800 TIME per 1 purchased at the beginning. This means I would have 3200 in total. If I factor a price lower than anything imaginable EVER and lets say it falls to $100 (which it never will) that means I have $100 x 3200 TIME which equals $320,000 on a $16,800 investment!!!
The compounding becomes a MONSTER in the last 2/3 months. Patience!! If the price is not where I want it after 365 days I will take my initial investment out and leave the rest until the price gets where I want it to be. Can you imagine the growth after 14,16,18 months!?!? Compound interest is our friend!
I also have purchased 1000 LQDR in which I paid $3,000 for. Its not worth over $40,000. Am I selling? Hell no! The upside is HUGE with LQDR. They only allowing staking (as of today) for 2 years!! But it is LOCKED and you can not get it back until the 2 years is up. This leads to a massive deflationary mechanism and scarcity of circulating supply.
Each day the rewards pay around $30 in other assets: Beets, Spirit, FTM, etc. I believe there are 6 in total. We take those and stake them in their own pool daily as well. Compound interest!! We are already way above ROI based on price but even if the price stayed the same. ROI would have been after around 90 days. If FTM booms in 2022 like most believe ROI can be in days with increased price in all assets.
I say all this not to say look how much I invested. I have been REKT early in my crypto investing life. I made poor decisions and chased. Not anymore. I rely on compound interest. When you combine compound interest and a crypto market that will only grow in coming years we have the chance to make money no one can imagine.
My advice for anyone investing in these type projects. Stop looking at the price. It does not matter. Look at the accumulation of assets. Leave it long enough to work.
Compound interest takes some time but when it gets going its MASSIVE. Show some patience you will be rewarded. If you do not believe what I posted then go do the math. Its amazing what 365 days of patience can get you. Can you make it ONE year? I know I will
-MMA_Crypto