This week I added another 4% COTI stake or 9K and was not expecting to stay at the same daily reward levels. The aim is to grow the daily rewards and if I had not added more stake would have been earning less daily so this is still a good move. The APR has dropped by 0.64% over the last 5 or 6 days and this was not part of the plan. Definitely not ideal as I would like to be earning 100 COTI daily sooner than later and not stuck on 92 COTI rewards daily.
Treading water is the term I use for not losing ground with regard to daily rewards when the APR drops slightly. The gradual decrease in the APR percentage allows you to find a way of keeping your rewards constant by staking more crypto. This unfortunately is the only way of getting around this scenario or the result is you earn less every day and your growth is slowed down.
What I find quite scary is over the last week I have added a further 9000 COTI and my daily rewards are the same as they were last week. If I had not increased the stake the rewards would have dropped by around 2 COTI per day which sounds small, but does impact your overall growth.
Crypto is all about the numbers and when you have a hang of the numbers you will find it easier to understand the growth and from that information will be able to grow quicker. This may sound a bit nerdy to some ,but I do like my numbers and they make sense to me. Knowing your daily earnings is something I stay up to date on and if I can keep them stable or even grow them I will find a way to do so.
The great thing about finding a way of keeping your daily rewards stable is that your stake does to continue to grow and once the price does start to rise again which it will you are ahead of the game much further than you would have been if you did not increase your overall stake.
My COTI stake in the Treasury is closing in on 260K and even at a $0.10c price that would equate to $26K even at that very low price so the value is definitely there if you have the patience and think long term. Over the next year or so I do see the value increasing to over one dollar and even then I do think that is under valued for what the privacy technology offers.
The narrative over the next few years will all be around privacy and there is not any technology that COTI has developed even close to what they have. The value will come at some point and it will not be from speculation and it will be more from real adoption use cases. There will be a big difference in value from those crypto projects that actually have use cases and those that do not. Everything in the crypto eco system has been speculation up until now and this is what will be the difference from now until 2030. All those projects that have proved nothing and have been hiding behind their white paper who have achieved nothing are in many cases worthless. Sadly there will be thousands of projects proven to have no value and they will be easy to spot.
At the moment we are all speculators hoping that the crypto we have invested into are the right ones and the only way we can make sure they are is through doing research. Those of us who actually spend hours each week seem to be a rare breed of investor and everyone else just seems to get their advice from social media which is very high risk and reduces the chances or odds quite significantly. Do not follow the crowd and use your own brain is my advice and more importantly ignore the FUD which seems more than normal currently as the fools were expecting their riches at the end of last year and this did not materialize.