• Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
Newsletter
Crypto Hoarding
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us
No Result
View All Result
Crypto Hoarding
No Result
View All Result
Home Ethereum

If You Bought $100 Worth of Ethereum at the Start, Here’s How Much You’d Have Today – Motley Fool

Admin by Admin
April 25, 2021
in Ethereum
0
If You Bought $100 Worth of Ethereum at the Start, Here’s How Much You’d Have Today – Motley Fool
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Digital currencies have surged this year. But what if you’d invested much earlier?

It’s always fun to play the “what if?” game with investments, especially when top cryptocurrencies have soared in value since being launched. If that’s something that intrigues you, keep reading to see how much you would have made if you’d invested in Ethereum from day one.

What is Ethereum?

Ethereum (ETH) is the world’s second-biggest cryptocurrency, behind Bitcoin (BTC). It was launched in July 2015 and first traded on August 7 for $2.77. The next day, the coin’s value had fallen to $0.81. It remained under $1 until January 2016.

So, if you’d spent $100 on day one, you’d have 36.1 Ethereum tokens. As I write this, (April 21), each token is worth about $2,420 — so those 36.1 ETH tokens would be worth $87,362.

Bear in mind, the price of digital currencies has made an incredible jump this year — Ethereum is up almost 300% from Jan. 1 alone. But even without that leap, if you’d bought Ethereum at $2.77, you’d still be doing well.

The Ascent's picks for the best online stock brokers

The Ascent’s picks for the best online stock brokers

Find the best stock broker for you among these top picks. Whether you’re looking for a special sign-up offer, outstanding customer support, $0 commissions, intuitive mobile apps, or more, you’ll find a stock broker to fit your trading needs.

See the picks

So, if I’d invested $100, I could have over $80,000 now?

In theory, yes. But life doesn’t usually work out that way.

The challenging thing about cryptocurrencies and other new investments is that with the benefit of hindsight, we’d all have bought Bitcoin or Ethereum years ago. We’d have invested in Amazon back when its IPO was $18 a share as well.

The Ascent’s parent company, The Motley Fool, holds Bitcoin. It does so because it believes it is a solid long-term investment.

What does that mean at a practical level? If the value of Bitcoin falls dramatically tomorrow, The Motley Fool will feel comfortable holding because it has analyzed the digital currency and sees extended value in Bitcoin. So when prices drop, it can wait patiently until the value rises again.

But putting money into a project when you don’t fully understand the fundamentals in the hope that it might be the next big thing is closer to gambling than investing. Added to which, back in 2015, we didn’t have as many secure cryptocurrency exchanges or protections as we do now. Your Ethereum could have been stolen by hackers or taken by scammers.

What if you’d chosen to invest in a coin called GetGems (GEMZ) instead? GetGems was a decentralized media messaging app that launched in April 2015. Users could send Bitcoin via the app. If you’d put your $100 into GetGems on the same day Ethereum launched, you’d have been able to buy 6,250 GetGems (they were worth $0.016 on Aug. 11). It peaked at $0.058 in May 2017 — when your investment would’ve been worth $362.50 — before ceasing to trade altogether. In the end, you’d have lost your money.

Looking forward

It’s easy to look back and wish you’d bought Ethereum six years ago, or even six months ago. But if you didn’t, there are still plenty of opportunities. The important thing is to invest for the long term — look for stocks or cryptocurrencies that you believe are good, lasting investments.

Buying your first stocks: Do it the smart way

Once you’ve chosen one of our top-rated brokers, you need to make sure you’re buying the right stocks. We think there’s no better place to start than with Stock Advisor, the flagship stock-picking service of our company, The Motley Fool. You’ll get two new stock picks every month from legendary investors and Motley Fool co-founders Tom and David Gardner, plus 10 starter stocks and best buys now. Over the past 17 years, Stock Advisor’s average stock pick has seen a 565% return — more than 4.5x that of the S&P 500! (as of 4/1/2021). Learn more and get started today with a special new member discount.

Start investing

Cryptocurrencies are unregulated and can be extremely volatile. That means there are higher risks, but also higher rewards. The meteoric jump we’ve seen in recent months has raised concerns about a crypto bubble and fears it might burst. But if you see potential in this new technology, you’re less likely to get burned by a steep price drop — as long as you don’t invest any cash you’ll need in the short term.

Related articles

Ether (ETH) Token, Bitcoin (BTC) Drop With Ethereum (ETH) Upgrade Optimism – Bloomberg

August 15, 2022

Price Discount on ‘stETH’ Reflects Some Doubt on Smooth Ethereum Merge – CoinDesk

August 15, 2022

It isn’t easy. Buying individual cryptocurrencies — like buying individual stocks — takes time. A lot of investors stick with mutual funds, ETFs, or index funds because they don’t want to, or aren’t able to, research each investment. Instead, they choose a fund, sometimes one with a fund manager, so they can balance their portfolios and risk levels.

But the SEC has not yet approved any cryptocurrency funds in the U.S. As such, the onus is on us as individual investors to work out which cryptocurrencies to invest in. And if you’ve never invested before, that can be daunting. An alternative would be to look for funds that center on blockchain or crypto-focused companies.

Whatever you decide to do, try to think long term. Nobody wants to take on debt in three months because they gambled on crypto and lost.

Share76Tweet47

Related Posts

Ether (ETH) Token, Bitcoin (BTC) Drop With Ethereum (ETH) Upgrade Optimism – Bloomberg

by Admin
August 15, 2022
0

Ether (ETH) Token, Bitcoin (BTC) Drop With Ethereum (ETH) Upgrade Optimism  BloombergHave Bitcoin and Ethereum Prices Bottomed Out? What Experts Say  NextAdvisorBitcoin,...

Price Discount on ‘stETH’ Reflects Some Doubt on Smooth Ethereum Merge – CoinDesk

by Admin
August 15, 2022
0

Price Discount on 'stETH' Reflects Some Doubt on Smooth Ethereum Merge  CoinDeskEthereum Slumps 5% as Merge Surge Falters  DecryptEther surges to a...

Miner Chandler Guo Repeats Support for Ethereum Fork Post-Merge – CoinDesk

by Admin
August 15, 2022
0

Miner Chandler Guo Repeats Support for Ethereum Fork Post-Merge  CoinDesk

Ethereum Slumps 5% as Merge Surge Falters – Decrypt

by Admin
August 15, 2022
0

Ethereum Slumps 5% as Merge Surge Falters  DecryptThe Ethereum Merge Explained  CNETEther surges to a two-month high after ethereum inches closer to...

Ethereum ICO-era whale address transfers 145,000 ETH weeks before the Merge – Cointelegraph

by Admin
August 15, 2022
0

Ethereum ICO-era whale address transfers 145,000 ETH weeks before the Merge  CointelegraphThis Ethereum whale's balance fell from 145k ETH to 1...

Load More
  • Trending
  • Comments
  • Latest
Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

Major Changes Coming to XRP Ledger As Ripple-Backed Startup Launches Key Amendment in Beta Testnet – The Daily Hodl

April 21, 2021

SteveWillDoIt reveals hacker stole his crypto wallet: “I lost a lot of money” – Dexerto

July 26, 2021
Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

Forte’s PTI gets financial transaction licenses for blockchain games – VentureBeat

February 11, 2022

Blockchain Use in Supply Chain Leads to Greater Benefits – The National Law Review

August 25, 2021

Philippines: Blockchain-based solution Twala receives P4.6M grant from DOST – CoinGeek

0

Rivals Ripple and R3 partner up | PaymentsSource – American Banker

0
Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

Ripple seeks shelter in D.C. from Libra’s political storm – American Banker

0

Litecoin Gets Bullish Speculation, at Last, as Upgrade Approaches – Coindesk

0

Philippines: Blockchain-based solution Twala receives P4.6M grant from DOST – CoinGeek

August 16, 2022

Ether (ETH) Token, Bitcoin (BTC) Drop With Ethereum (ETH) Upgrade Optimism – Bloomberg

August 15, 2022

10 blockchain startups to watch – VentureBeat

August 15, 2022

DeFi Platform Acala’s Stablecoin Falls 99% After Hackers Issue 1.3B Tokens – CoinDesk

August 15, 2022
Crypto Hoarding

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Bitcoin
  • Blockchain
  • Cryptocurrency Hackers
  • Ethereum
  • Litecoin
  • Ripple

Newsletter

[mc4wp_form]

  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Blockchain
  • Cryptocurrency Hackers
  • Ripple
  • Litecoin
  • Contact Us

Copyright (c) 2021 - Crypto Hoarding - All Rights Reserved - web design by TechyRack