Funny story, a couple months ago I invested $22.00 in bitcoin just to try it out (it was actually all money I made from steemit posts, so it literally cost me nothing beyond the time it takes to post on steemit). Today it is worth over $32.00. Of course, that's not a crazy amount of money, but had I invested a couple thousand, that would have been an increase of a thousand dollars.
Contrasting that, about five or six years ago I invested $80.00 and bought 100,000 Iraqi dinar (for those of you around conspiratorial circles back then, you probably remember what that was all about). Today my 100,000 dinar is worth about $84.00, so about a four dollar increase.
A four dollar increase from 80 dollars over five years compared against a ten dollar increase from 22 dollars over two months. Of course, these things are tricky and not always consistent, but I was thinking about that today after checking my financial investments and I thought that was kind of funny.
What's your investment story?
If you like this post, please follow me here on Steemit at http://steemit.com/@joshpeck Please upvote and leave me a comment! Thank you for reading, take care, and God bless!
Josh Peck
SkyWatchTV - http://skywatchtv.com
Facebook - http://facebook.com/josh.peck.5264
Into the Multiverse - http://youtube.com/IntoTheMultiverse
JoshPeckDisclosure - http://youtube.com/JoshPeckDisclosure
The Sharpening Report - http://youtube.com/TheSharpeningReport
Twitter - @JPDisclosure
Email - [email protected]
a friend bet on the sport, for 1 month everything is gain as little as it (about 100euro) he bought ether with it said it does not cost me anything it was 22euros meintenat average it is At 254 euros I can tell you that he does not regret! ;)
Absolutely, I will likely be investing in ETH and LTC as well
All are good long-term holds imo. Don't obsess or panic sell when they drop to half of their high occasionally. The future market cap and number of ppl coming into crypto (so new money) will li kely be unimaginably huge within three years from now.
That is good advice and I totally agree, thank you :)
I advise you the wcx is an ico that opens the end of the week a very nice project I have the link in my description you will win $ 5 at registration