How does the rule of 72 apply to cryptocurrency returns?

1 answers

• Jan 13, 2022 · 3 years ago
  When it comes to cryptocurrency investments, the rule of 72 can provide a rough estimate of how long it would take for your investment to double in value. Let's say you have a cryptocurrency investment that is growing at an annual rate of 12%. By using the rule of 72, you can calculate that it would take around 6 years for your investment to double. However, it's important to remember that cryptocurrency returns can be highly unpredictable and subject to market fluctuations. So while the rule of 72 can give you a general idea, it's always wise to do thorough research and consider other factors before making investment decisions.
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