1.200$ U.S. Government Stimulus Would Be Worth 6.500$ Today If It Were Used To Buy BTC

in LeoFinance4 years ago

So there is this @BitcoinStimulus twitter account that post daily what the 1.200$ Stimulus Check Received In April would be worth now if the person decided to invest all the money and buy Bitcoin.

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It's a pretty fun exercise in my opinion and pretty eye opening now with the recent Bitcoin Bull Run.

At the moment, only 8 months after, someone who would have made the aforementioned investment would have aproximatelly 6.500$ worth of Bitcoin, for a bit of over 5000$ in profit.

That is pretty sick if you ask me and I do hope that quite few lucky ones actually made the decision to use the money like this lol.

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Oh well, there's still a chance to pull it into Bitcoin, the lead cryptocurrency is far from done

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This is definitely true.

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I used mine to pay down debt so that I could have more money on hand to do some dollar cost averaging. It was a trade-off I had to make. Probably not the smartest one, but getting rid of debt is always a good thing.

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Agree. Getting rid of debt has to be a priority IMO.

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