The fun part of staking crypto and earning daily rewards is seeing the bag grow in real time. The only part you can influence is the growth so forget about price and let those developing the tech add the value via use cases and partnerships. The great thing about COTI is the privacy tech using Garbled Circuits on the cusp of something really big. I have no doubt that privacy is going to be key to crypto adoption and COTI is holding the keys to unlock institutional use cases.
We know privacy or the lack of it is what is holding institutions back from physically using crypto for payments. The transparency the blockchains offer is seen as very much a negative and a weakness which needs privacy to protect revealing too much information. COTI will be very much involved as the likes of ZK privacy tech is very much limited on it's own and is not suitable for institutions. ZK can work but it needs the COTI tech added like what COTI Midnight has done which is a combo using both ZK and COTI privacy tech for regulation and scalability purposes.
Tonight I claimed another 298 COTI rewards adding those to the ever growing stake maintaining a daily rewards average of 92 COTI. This is not about the dollar values and more about the growth of the stake for now until that changes with the expected price rise in the future. This is a rinse and repeat every few days maintaining the numbers even if the APR steadily drops the hope is the daily rewards stay stable.
I need to pull the trigger soon and purchase more GCOTI and hopefully will be able to get this across the line this week. Having the extra 100K GCOTI will change things quite considerably adding an extra 58 COTI rewards earned daily bringing the daily total to a respectful 150 COTI. This will allow me to grow the stake that much quicker and achieving 300K and then possibly 400K if the crypto market is still heading sideways. These are all dream numbers that I had never even thought were in reach, but time and consistency unlocks growth values far quicker when compounded.
The COTI price is currently at crazy low value of $0.013c so 150 COTI daily is still around $2 daily or $60 monthly. Don't look at todays prices and look at what it could be in a realistic sense. The COTI ATH is $0.66c which I do expect to be far higher in the future so I see this as a banker price for at least $100 daily and why growing daily is the important part currently. This is not difficult to achieve, but needs years in time to unlock these types of values and this is now year number 5 growing this stake. To think this all started out trying to achieve a 15K COTI stake as that was the minimum amount for staking back in the day and now heading for 300K so 20 x that initial target. This is just a matter of sticking to the plan and just getting on with things.