Finally today the COTI team rectified my other two smaller stakes that were frozen in a submitted state and now they are locked away earning APR. I screwed up on one stake showing the 6.03% APR by not having the extended period disabled and it locked for another 120 days automatically. A serious error on my part which cost me 3.7% extra APR which is literally 6 COTI daily thrown away in lost rewards. This can only be rectified on the 15th August by changing the locked period which I will be doing.
The rewards in the COTI Treasury are fairly decent even though the APR does not reflect the exact rewards earned. I am earning somewhere between 35 and 40 COTI daily which is a good daily return which will only grow as these rewards are compounded. On todays current price this is roughly $4.5 per day which is still something and won't complain. How many people have a steady passive income stream of nearly $140 per month knowing it can only go up from here.
My targets once achieved will raise the earning potential to around $10 per day which I am happy with considering the COTI token is now in the cheap buying zone and 6 x off it's ATH. The hope is this achieves somewhere between $1 and $4 when we see the next ATH sometime late next year.
The mad part is if it does achieve anywhere near these higher numbers the COTI investment would be worth close to $1 million on it's own and why it is important to stay focused over this next time frame of 18 months.
The beauty about this investment is once you have been able to grow it from scratch you know exactly what it takes to achieve the targets and more importantly how long this process takes. For those who have the desire crypto is a gold mine in every sense for what is on offer. The idea one can turn an investment hobby into a multi million dollar portfolio within a few crypto cycles is what is on offer and it is open to all of us.
My aim of starting out with 0 and unlocking $1million in value within 2 cycles is still very much on track and a challenge I am passionate about to prove to myself it can be done. The only thing left is to see how big this can become once that is achieved as this is just the beginning of unlocking far greater wealth. Patience, perseverance and consistency is the key with no other tricks at play along with the time factor required.
