$ETH /Usdt If you had invested the cost of an iPhone 11 Pro Max, which was $1,099, into Ethereum (ETH) when its price was between $300 and $400 in January-February 2021, your profits could have been substantial.
Here's a breakdown:
- Investment Amount: $1,099
- ETH Price (example): $350
- ETH Coins Purchased:$1,099 / $350 ≈ 3.137 ETH
- ETH All-Time High (ATH) Price: $4,891.70
Calculating your investment value at the ATH:
- Value of Investment at ATH:3.137 ETH * $4,891.70 ≈ $15,355.33
- Profit: $15,355.33 - $1,099 ≈ $14,256.33
- Percentage Profit: ($14,256.33 / $1,099) * 100 ≈ 1,299.15%
Please note, this is a hypothetical scenario. Cryptocurrency investments are highly volatile and carry significant risks.
#ETHETFsApproved #Write2Earn! #BinanceTournament #Megadrop #MicroStrategy