Ok, with all the doom and gloom in the space, let’s see how bad did crypto investments do vs traditional high performance stocks over the last 6 years.
Let’s say you invested $100 on July 1st 2016 in top performing traditional stocks + Bitcoin and Ethereum(when it was first available on Coinbase).How much would you have today?
Amazon – $260 today/2.6x return
Apple – $630 today/6.3x return
Microsoft – $470 today/4.7x return
Tesla – $1240 today/12.4x return
Bitcoin – $2500 today/25x return
Ethereum – $10900 today/109x return
Yep, crypto has been a terrible investment guys. It’s dead. Pack it up, let’s go home.
Also, none of the above traditional stocks would’ve survived the hacks, bad press and bad actors involved in the crypto space since then. Not even close.
submitted by /u/laugrig
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