10 500% Profit in Only One Year?!
Yes, I was amazed as you are! If you have invested 1 year ago in the Top 10 Cryptocurrencies by Market Cap, you would have made 10 500%!!!
No big science, no technical analysis, nothing special. Just grabbing the 10 biggest cryptos by market cap and trow them money!
This are the top Market Cap! Not the Top Performers!
This would be a great investment strategy one year ago. How about now?
I know it is easy to speak after seeing the results right? However this is remarkable not only because of the last year but also because of the bright future that Bitcoin and other cryptocurrencies have!
Just look at this: no technical analysis, no big effort, no science. If ONE year ago you have trow $100 in each crypto in the top 10 $1000 investment), now you would have $105 000!!! AFTER ONE YEAR!!!
You can take a clear look here.
The worst performer of this top 10 is much better than the best performer of the S&P 500! WOW right!
And the best thing is... the maximum you lose is 100% right? But you can win 10 000%.
The sky is not the limit anymore! The moon is the new limit!
Thanks for Upvoting!
What calculation did you use to come up with "just" 500%? If you had invested evenly into these currencies your profits would be 20x these 500%, i.e. 10,000%, as your spreadsheet clearly tells in the average part.
Hi @iarumas! I'm not sure if I understood your question sorry.
To reach the "Average Variation" I made the sum of the 10 crypto 1 year variation and then divided by 10.
Thanks!
I agree with you. It is amazing!!!! I also believe that it is not too late to learn and get in. Great post. Thanks for sharing!
Not to late at all! Cryptos still have so much to grow. Imagine when 5%...10% of the population adopts the cryptocurrencies!
These returns are incredible, particularly the crypto/blockchain space is still in its infancy! Consider the average person on the street may have only heard about Bitcoin.
There's still so much investment to come, exciting times.
No doubt my friend, imagine when it becomes a little bit more mainstream... imagine when 5% adopts cryptos! Indeed exciting times! :)
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