In Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) four years ago, here's what they would have achieved today:
1. Bitcoin (BTC):$BTC
Bitcoin price on December 24, 2020: around $23,000 per Bitcoin.
Number of Bitcoins purchased for $1,000: 1,000 ÷ 23,000 ≈ 0.0435 Bitcoin.
Current Bitcoin Price: Around $94,221 per Bitcoin.
Current investment value: 0.0435 × 94,221 ≈ $4,100.
2. Ethereum (ETH):$ETH
Ethereum price on December 24, 2020: around $600 per Ethereum.
Number of Ethereum purchased for $1000: 1000 ÷ 600 ≈ 1.6667 Ethereum.
Current Ethereum price: around $3,398.85 per Ethereum.
Current investment value: 1.6667 × 3,398.85 ≈ $5,664.
3. Cardano (ADA):$ADA
Cardano price on December 24, 2020: around $0.15 per Cardano.
Number of Cardano purchased for $1,000: 1,000 ÷ 0.15 ≈ 6,666.67 Cardano.
Current Cardano price: around $0.912091 per Cardano.
Current investment value: 6,666.67 × 0.912091 ≈ $6,080.
Returns Summary:
Bitcoin: $1,000 investment now = $4,100.
Ethereum: $1000 investment now = $5,664.
Cardano: $1000 investment now = $6,080.
Note: These figures are approximate and based on the prices quoted. Please note that cryptocurrency markets are highly volatile and past performance is no guarantee of future results.
Reminder: Investing in cryptocurrencies carries high risks. It is always advisable to conduct careful research and consult financial experts before making any investment decisions.
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