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 SPY, Invesco QQQ Trust Series 1 QQQ and SPDR Dow Jones Industrial Average ETF Trust 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:
- Bitcoin BTC/USD: $5,895.60
- Ethereum ETH/USD: $5,975.40
- Dogecoin DOGE/USD: $50127.10
- Cardano ADA/USD: $4,636.50
See Also: Here’s How Much You’d Have Right Now If You Invested $1,000 In Apple 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 TSLA CEO Elon Musk‘s endorsement of the meme coin as his favorite cryptocurrency… Read More
Image and article originally from www.benzinga.com. Read the original article here.