Cryptocurrency Q&A What is the rule of 72 in trading?

What is the rule of 72 in trading?

Lorenzo Fri Sep 20 2024 | 7 answers 1559

Could you please explain what the rule of 72 is in the context of trading? I've heard it mentioned as a useful tool for estimating the time it takes for an investment to double in value, but I'm not entirely clear on how it works or how it can be applied in the trading world. Can you elaborate on its significance and provide some examples of how traders might use it to their advantage? What is the rule of 72 in trading?

What is the rule of 72 in trading?

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