I currently have 52 USDT, I buy cryptocurrency costing 26.3 each day and sell it at 28.3. How many days will it take for my funds to reach 3200 USDT?
You will need approximately 56 days to grow your funds from 52 USDT to 3200 USDT.
Your trading profits are as follows:
• Daily profit = Selling price - Purchase price = 28.3 - 26.3 = 2 USDT
• Daily return = 2 USDT / 26.3 ≈ 7.6%
Calculating the number of days needed for fund growth:
You currently have 52 USDT, with a target of 3200 USDT, assuming daily profits are reinvested (i.e., using all funds for trading each day).
This can be calculated using the compound interest formula:
FV = PV \times (1 + r)^t
Where:
• FV = 3200 (Target amount)
• PV = 52 (Initial amount)
• r = 7.6\% = 0.076 (Daily return)
• t (Number of days needed)
3200 = 52 \times (1.076)^t
We solve for t using logarithms:
t = \frac{\ln(3200 / 52)}{\ln(1.076)}
Let me calculate that.
$TRUMP
