Gourav ChandraDec 28, 2021 · 3 years ago3 answers Which type of interest, simple or compound, is more beneficial for maximizing returns on cryptocurrency investments?
When it comes to maximizing returns on cryptocurrency investments, which type of interest, simple or compound, is more beneficial? How does each type of interest work in the context of cryptocurrency investments? Are there any specific advantages or disadvantages of using simple interest or compound interest in this scenario? What factors should investors consider when deciding which type of interest to use for their cryptocurrency investments?