“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn't … pays it.” - Albert Einstein
Write down what you initially want to invest, and how much more you will contribute annually. Then write down the interest rate you think you will earn annually. Remember to put down how many years you might do this for. For the compounding percentage, you can keep it at 100% if you plan on reinvesting your earnings. Change these numbers around to get a good idea of how compounding interest works.
Investment Compounding Calculator
Check out a video on compound interest
"Bitcoin is probably the safest high return, long term investment. I think you are going to be doubling your money every two years and a couple of months, which means you can double your money up to five, or six, or seven times every decade. It doesn't take very long doubling your money at that pace to become very wealthy."
@mikealfred when interviewd on Profit Maximalist