If you had invested $100 in Bitcoin, Ethereum and Dogecoin 5 years ago, here is how much you would have now
Investors who have invested money in major US indices have had respectable returns over the past 5 years. Actually the SPDR S&P 500 ETF SPY, Invesco QQQ Trust Series 1 QQQ and SPDR Dow Jones Industrial Average ETF Trust SLIDE have returned 90.79%, 163.39% and 69.24% since April 2017.
As good as investors in the major US indices have fared in recent years, cryptocurrencies have fared all the better. Cryptocurrency bulls who bought in 2017 and persevered despite the continued volatility when US markets bottomed in March 2020 have been treated to epic returns on their investment.
Winner since April 9, 2017: This is how much $100 in each of the following cryptocurrencies would be worth today in April 2017:
- Bitcoin BTC/USD: $3,426.87
- ether ETC/USD: $7,396.65
- Dogecoins DOGE/USD: $36,842.62
Also Read: If you had invested $100 in Apple, Microsoft, Tesla, Netflix and Amazon 10 years ago, here’s how much you would have now
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