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Here's How Much You'd Have Now If You Invested $1,000 In Bitcoin, Ethereum, Dogecoin And Cardano 5 Years Ago

Published 13/09/2022, 00:24
Updated 13/09/2022, 01:10
Here's How Much You'd Have Now If You Invested $1,000 In Bitcoin, Ethereum, Dogecoin And Cardano 5 Years Ago

Here's How Much You'd Have Now If You Invested $1,000 In Bitcoin, Ethereum, Dogecoin And Cardano 5 Years Ago

Investors who have put money into major U.S. indices have enjoyed respectable returns over the past 5 years. In fact, the SPDR S&P 500 ETF (NASDAQ: SPY (NYSE:SPY)), Invesco QQQ Trust Series 1 (NASDAQ: QQQ) and SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: NYSE:DIA) totals return over that stretch have been 64.9%, 112.8% and 45.9% respectively.

As good as investors in the major US indices have had it over the past 5 years, cryptocurrencies have been that much better. Cryptocurrency bulls that bought in September 2017 and held on for the long-term, despite the volatility, have been treated to epic returns on their investment.

See Also: Is Shiba Inu A Good Investment?

Winners Since September 2017: Here’s how much $1,000 in each of the following cryptocurrencies bought back in the summer of 2017 would be worth today:

See Also: Here's How Much You'd Have Right Now If You Invested $1,000 In Apple (NASDAQ:AAPL) Shares When Steve Jobs Resigned As CEO In 2011

Dogecoin has lost around 13% to $0.064 since mid August. The crypto has continued its ongoing popularity following Tesla Inc (NASDAQ: NASDAQ:TSLA) CEO Elon Musk's endorsement of the meme coin as his favorite cryptocurrency... Read More

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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