Investors who put their money into major US indices have enjoyed respectable returns over the past five years. In fact, the SPDR S&P 500 ETFs spyAnd the Invesco QQQ Trust Series 1 QQQ And the SPDR Dow Jones Industrial Average ETF Trust DIA The total return on this stretch was 64.9%, 112.8%, and 45.9%, respectively.
Despite the quality of investors in major US indices over the past five years, cryptocurrencies have done much better. Crypto bulls who bought in September 2017 and have held on for the long term, despite the volatility, have been treated to epic returns on their investment.
See also: Is the Shiba Inu a good investment?
Winners since September 2017Here’s the $1,000 in each of the following cryptocurrencies that were bought back in the summer of 2017 that would be worth today:
- Bitcoin Bitcoin / US Dollar: $5,895.60
- Ethereum ETH / USD: 5,975.40 USD
- Dogecoin DOGE / USD: 50127.10 dollars
- Cardano Ada / Dollars: $4,636.50
SEE ALSO: Here’s How Much You’d Get Now If You Invested $1,000 in Apple Stocks When Steve Jobs Quit as CEO in 2011
Dogecoin has lost about 13% to $0.064 since mid-August. Cryptocurrency continues to gain popularity Tesla Corporation TSLA Executive Director Elon MuskAdopting meme as his favorite cryptocurrency… Read more