How patient are you?
First, here is the lowdown on the Marshmallow Experiment.
A marshmallow is put in front of a child. They then have a choice. Eat it right away, or wait fifteen minutes and receive two marshmallows instead of one. The experiment was conceived by scientists at Stanford University, led by psychologist Walter Mischel, and conducted throughout the 1960s and 70s on roughly 650 children. It is commonly known as the marshmallow experiment, but that wasn’t always the treat. Sometimes cookies and pretzels were also used depending on what the subject preferred.
No, really. Can you only wait 1 year or are you able to wait 2 years to receive 37x the 1 year amount?
Sounds a bit too good to be true, doesn’t it? Ok, I will break it down for you. It’s much easier to understand when you see it all written out.
My friend decided to invest £430 in a cryptocurrency. This cryptocurrency will offer a 1% amount of the invested amount every day, for 365 days. Every time the amount is compounded, the 365 day timer starts again. For simplicity, I have just calculated the 1% for 2 years, although it would continue further if you continue compounding. Also, this example is based on the price not going up or down. This is not likely to happen, however it would be impossible to guess what the future price would be. If I could do that, well I would be a millionaire already.
So here we plug in the figures, £430, 1% interest per day, for 2 years. To make the chart below easier to read, I have calculated for 1 year and 364 days. I hope you won’t hold that one day against me, since I am sharing this opportunity with you.
So above is the result of the calculation. Below is a monthly breakdown of how we get there.
You can see just how powerful compounding really can be. The difference between 1 and 2 years of compounding is staggering.
So, I return to the original question, can you wait 1 year or 2? I know what I am doing. I have never had to be so patient in my life. But when I see the end result, I can see its so worth it.
Oh, I almost forgot. The cryptocurrency I am talking about is DRIP. Invest in DRIP. It’s the best thing you can do right now if you are looking for a stable passive income.
DRIP is a deflationary token that you can buy and then deposit into a dedicated faucet. This faucet is designed to pay you 1% of your faucet total every 24 hours, for 365 days. In total, you can receive 365% of your deposit amount. Deflationary means that once the token is used for its purpose, which is to be deposited in the faucet, it is burnt. This creates a situation where supply can be less than demand, which increases the price.
I’m an admin member of the Cryptozoa team, having been chosen to write articles like this, to share my story of why I got into DRIP. We all have a story to tell, and there will always be someone who wants to hear it. So I suggest you take a look into DRIP, you could start with my article about turning 1 BNB into over 31 BNB in one year. Yes, that’s using DRIP.
You can also head over to the Cryptozoa community and reach out to me. Ask for Danielle if I am not there to greet you myself. We are the largest DRIP group of crypto enthusiasts and we have many conversations about new projects we find, and pore over the contracts to try and avoid the many rug pulls and other dirty tricks out there.
Bottom line, we look after our own. If you are new to the crypto space, don’t worry, we have your back. We will walk you through the whole process to help you become financially free.
If you are already invested but looking to join a team, maybe your current buddy isn’t so good at helping you out, no problem, we got you too.All you need is 1.12 DRIP, deposited using my referral and you are in!
Great, you won’t regret it. Here are the steps to becoming financially free.
Related links:
Cryptozoa Medium — https://cryptozoa.com/
Cryptozoa Telegram — https://t.me/joinchat/PbTulqLoCmAzZmQx
DRIP Lightpaper — https://www.docdroid.net/0i3RJTu/drip-lightpaper-pdf
DRIP Contract Link — https://bscscan.com/token/0x20f663cea80face82acdfa3aae6862d246ce0333
My other articles:
cryptozoa.com
cryptozoa.com
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Please note: The compounded amount will be added to your Deposits, 90% of which are locked, and non-withdrawable. The remaining 10% goes to the Tax Vault. In exchange, you receive 1% of that staked amount which is claimable on a 24 hr basis, up to 365% in total.