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January 19 2023 General
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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? 

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Disclaimer
The content of any communication by the Service Provider is based on a subjective opinion and is intended only for general, non-personalized information, strategy, orientation and educational purposes. The Service Provider is not considered an investment firm under section 4 paragraph (2) point 10 of Act CXXXVIII of 2007 on investment firms and commodity dealers hereinafter referred to as the Investment Services Act. and the Service Provider's activities are not regarded as investment analysis under section 4 paragraph (2) point 8 of the lnvestment Services Act or investment consultancy under section 4 paragraph (2) point 9 of the lnvestment Services Act.