gate2crypto wrote: Thu Sep 18, 2025 3:39 am
So I decided not to wait any longer for my slow deposit and used Binance instead.
I have deposited 0.00040122 BTC into the wallet.
Then I followed your advice and bought 0.0001 credits and bought 0.00027 delayed credits.
Smart move... You'll learn that time is money (or in this case, Bitcoin) b/c your Bitcoin is sitting idle on an exchange or in another wallet & isn't supporting the growth of your BTC holdings. It's just sitting there - collecting no interest. And platforms that do offer returns typically support less than a 5% APY in Bitcoin.
So by using the features of the wallet as you've done, your Bitcoin is now working for you to produce more Bitcoin. And keep in mind that we're talkin' Bitcoin... An asset that will continue to reach higher highs with each new cycle. So $10 in BTC today could very easily be worth $20-$100 in the next cycle. So while waiting for the price to reach it's next high, it's smart to accumulate more while waiting. Stacking sats is key and the wallets help you stack more sats with the sats that you already have (meaning you don't have to keep buying Bitcoin or sending Bitcoin to your wallet). When the yield-generating features of the wallets are used, your Bitcoin balance will continue to increase over time.
gate2crypto wrote: Thu Sep 18, 2025 3:39 am
My dashboard is showing Conv APY of 78%.
I assume this is good.
Can you give me a simplified way of figuring out how much my BTC is growing?
A 78% APY is great, but you'll find that APYs tend to decrease as your Available Credits increase. This is per design to keep the playing field balanced for both small and large purchases. No whales will be able to manipulate the system :)
But observing the APY is the easiest way to determine how your Bitcoin is growing. APY is your Annual Percentage Yield, which indicates how much you'll earn on your positions over the course of a year. If you buy $10 in Credits and your APY is 78%, then you should have $17.80 rather than $10 after a year has passed. That's a profit of $7.80 that you earned from a $10 purchase.
That's a quick and simple way of looking at it, but there are other factors to consider with the wallets...
With smaller amounts of Available Credits, it's highly likely that all of your Credits will convert into Bitcoin within a few months (not over the course of a full year). And this is taken into consideration when calculating the APY.
Let's say you purchased $10 in Credits at a 10% discount. That means you paid $9 and you'll end up with a net profit of $1 after all of your credits have converted into Bitcoin.
Now let's say that it takes 3 months for all of your credits to convert into Bitcoin. So 3 months later, you have $10 rather than $9. This is a 10% return in 3 months (or 1 quarter). But since APY designates the yield in a year and there are 4 quarters in a year, the APY would be calculated and displayed as 40% (4 * 10%).
This assumes that you will continue to purchase more credits in 3 months after all of your credits have converted, but it's completely up to you whether you want to do this or not. Nevertheless, the APY is calculated in a way that forecasts a rate over the course of a full year.
With that said, the Automated Satoshi Stacker can be used to automatically purchase credits for you once all of your Credits have converted. This way, you'll know that a portion of the Bitcoin sitting in your wallet is always working for you. Feel free to read up on this automated feature and let me know if you have questions.
Please note that the Conversion APY is specifically related to the conversion of Available Credits into Bitcoin. It does not apply to the purchase of Delayed Credits unless credits are issued at the end of each 30-day period. For the most part, Bitcoin will be returned from Delayed Credits instead.
Hope this all makes sense but always feel free to ask questions if something comes up.
I've also updated your profile to be a verified member since you're now 100% into on the wallets.
gate2crypto wrote: Thu Sep 18, 2025 3:39 am
P.S. I also love that you seem to be a God fearing man.
I teach the Hebrew Scriptures.
Excellent, and makes sense... Most of the people that follow me are either believers, critical thinkers, technically minded, or in their 40s-60s... The wise ones! LOL But if there's any demographic that I'd like to support, this is it! And although I no longer spend time or resources promoting our wallets, the Lord leads whomever He wills to our platform and those that get it will get it. So glad to see that your one of them! We have a bright future in the midst of all the chaos throughout the rest of the world.
