IF YOU HAD INVESTED $70 IN DOGECOIN AFTER ELON MUSK'S FIRST TWEET, HERE’S WHAT IT WOULD BE WORTH NOW 🤯
Elon Musk's Impact 📱 On April 2, 2021, Elon Musk referred to Dogecoin (DOGE) as his "favorite cryptocurrency" 🐕 in a tweet. This sparked widespread attention and interest in DOGE.
Hypothetical Investment 📊 Imagine you decided to invest $70 in DOGE on the same day. At the time, DOGE was priced at approximately $0.0055 per coin 📈.
Return on Investment (ROI) 📈 Here's how that investment would look today:
1. Initial Investment: $70
2. DOGE Price Then: $0.0055 per coin
3. DOGE Price Now: Approximately $0.10
4. Coins Purchased: 12,727 DOGE (based on $70 at the 2021 price)
5. Current Value: $1,272.70 (12,727 DOGE × $0.10)
ROI Calculation 📊
ROI: 1,718% This return reflects the growth of your $70 investment to an impressive $1,272.70, demonstrating the remarkable impact of Elon Musk's influence on Dogecoin 🤯.
Would you have taken the leap back then?
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I'm 22 and not great with crypto 😮💨. I earned about $30 in crypto from Honeygain and thought I'd give it a shot. It's not hard-earned money, but it's still money, so I don't want to lose it on high-risk stuff like P2P or trading (not my thing, and I haven't even tried studying it because staring at screens all day isn't for me).
I asked ChatGPT to find some altcoins with high market cap, high trading volumes, and some emerging cryptos to diversify my $30 portfolio for 2 months.
Here's what it suggested: [in the picture]
Why 2 months, you ask? I read that altcoin seasons usually last 3-4 months, so I'll convert everything to a stablecoin like (FDUSD )after 2-2.5 months. When the bull market turns into a bear market in the next 1-2 years, I'll re-enter with more capital.
Oh, and I already bought those cryptos according to GPT's portfolio and staked them in the EARN section (who doesn't love free money?).
I'll be uninstalling the Binance app for 2-2.5 months to stay disciplined (checking my portfolio regularly makes me panic when it goes red, and I might make decisions against my original plan).
NOW YOU MIGHT SAY ALL THIS FOR $30? As I said, I have a small risk appetite for crypto (I know nothing about it). And for me, money is money. I don't want to lose it just because I didn't earn it. thank you.