Jorge QueirozNov 26, 2021 · 3 years ago5 answers Is the rule of 72 still relevant in the fast-paced world of cryptocurrency trading?
In the fast-paced world of cryptocurrency trading, where prices can fluctuate rapidly, is the rule of 72 still a relevant tool for estimating investment growth? The rule of 72 is a simple formula that allows investors to estimate the number of years it would take for an investment to double in value, based on a fixed annual rate of return. However, with the highly volatile nature of cryptocurrencies, can this rule still be applied effectively? Are there any alternative methods or strategies that are more suitable for the cryptocurrency market?