The Gift of Crypto-Currency Investing

in investing •  7 years ago  (edited)

The Gift of Crypto-Currency Investing

Due to the recent market downturn, I thought it would be worth mentioning the gift that Crypto-Currency investing is to all of us who have discovered it.  I will provide some quick metrics:

  • If you invested $1,000 in the S&P 500 Stock Market earlier this year, you would be sitting on a total USD value of: 
    • $1,071.60 (total increase of 7.16%)


  • If you invested $1,000 into Bitcoin earlier this year, you would be sitting on a total USD value of: 
    • $2,460.12 (total increase of 246%)


  • If you invested $1,000 into Monero earlier this year, you would be sitting on a total USD value of: 
    • $3,320.70 (total increase of 320%)


This is simply looking at a one year time frame, this does not account for compounding interest, which is an entirely different animal in itself.

While this has obviously been a good year for Crypto-Currencies, it must be looked at as a blessing for those able to invest at this point and reap rewards. I highly suggest finding technology that you believe in (weather that be BTC, ETH, XMR, FCT, LSK, ARDR, XRP, LTC...etc) and buy in with money you can afford to lose. Hold them for a good period of time and you should see tremendous results.

Warm regards friends,

Anthony

This is not and should not be taken as investment advice.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @content! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Do not miss the last post from @steemitboard:

New japanese speaking community Steem Meetup badge
Vote for @Steemitboard as a witness to get one more award and increased upvotes!