Jun ChenJan 01, 2022 · 3 years ago9 answers What are the differences between compound interest and simple interest in the context of cryptocurrency investments?
In the context of cryptocurrency investments, what are the key differences between compound interest and simple interest? How do these two types of interest affect the overall returns and growth potential of investments in the crypto market? Are there any specific advantages or disadvantages of using compound interest over simple interest in the cryptocurrency space?