$1,200 first stimulus cheque invested in Bitcoin is now worth $8,471. Comparison S&P500: $1,893, NASDAQ: $2,133, GOLD: $1,231

Cryptocurrency News and Public Mining Pools

$1,200 first stimulus cheque invested in Bitcoin is now worth $8,471. Comparison S&P500: $1,893, NASDAQ: $2,133, GOLD: $1,231

Let’s assume the date is 13-Apr-2020. So now, in roughly 1.5 year, how much money would you make if you invested ?

Invested 100% in Bitcoin?

Bitcoin price back then was $6,845.

$1,200 would buy 0.1753 BTC, which is now $8,471.

Invested 100% in S&P500

The index was $2,761.63 back then.

$1,200 would buy 0.4345 units, which is now $1,893.

Invested 100% in Nasdaq

The index was $8,192.42 back then.

$1,200 would buy 0.1465 units, which is now $2,133.

What about gold?

$1,200 would buy 0.6989 oz, which is now $1,231.

What about some other cryptocurrencies?

ETH: Price went from $156.28 to $3,311 today. So that $1,200 would be $25,423 now.

ADA: Price went from $0.0331 to $2.2598 today. So that $1,200 would be $81,928 now.

submitted by /u/milonuttigrain
[link] [comments]