
Interest or compound interest?
Depending on the setting, the Tradensea robot earns interest on your money every day, generating a profit. At the beginning of each month, you will automatically receive an email with the profit balance for the closed month. At that time, you can decide whether you want to withdraw the monthly profit, leave it passively in the account or leave it in the system and reinvest it, increasing the amount of capital and thus the amount that can be reinvested. If you are already familiar with the principle of compound interest, which Albert Einstein considered to be the eighth wonder of the world, you do not need any explanation as to why. Below are two tables. One table shows how your money grows if you take out a profit every month, and the other shows what you can achieve with compound interest.
Important! The interest rate matters, but the other biggest value is the time we put into the interest itself!
- Pro tip 1: Are you better off with compound interest?