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Cryptocurrencies

Cryptocurrency Investment Review / Jan 2017 – Dec 2019 –

Since their inception, crypto-assets have provided their early adopters and other investors with astronomical returns. Even though the current market atmosphere is bearish, it is worth it to keep things in perspective and look at the bigger picture. On the occasion of the new year, this article looks at the almost 3-year returns on most popular cryptocurrencies / crypto-assets. Here’s, how much you would have made on this day (27th Dec 2019) if you had invested a thousand dollars ($1,000) into these cryptocurrencies on 1st Jan 2017.

Bitcoin (BTC) Investment:

The undisputed king of the crypto and the reserve currency of the crypto world. If you had invested $1,000 into Bitcoin on 1st Jan 2017, you would have turned it into $6,197.31 today.

Price (1st Jan 2017): $995.44 | Price (27th Dec 2019): $7,164.49 | Return on Investment (ROI): 519.73%

Ethereum (ETH) Investment:

The leading smart contract blockchain project in the world. If you had invested $1,000 into Ethereum on 1st Jan 2017, you would have turned it into $14,309.16 today.

Price (1st Jan 2017): $8.13 | Price (27th Dec 2019): $124.54 | Return on Investment (ROI): 1,330.92%

Ripple (XRP) Investment:

Ripple enables money transfer, currency exchange and remittance network over blockchain technology. If you had invested $1,000 into Ripple on 1st Jan 2017, you would have turned it into $28,609.20 today.

Price (1st Jan 2017): $0.0063 | Price (27th Dec 2019): $0.187 | Return on Investment (ROI): 2,760.92%

Monero (XMR) Investment:

Monero is a cryptocurrency focusing on privacy, transaction obfuscation and being non-traceable. If you had invested $1,000 into Monero on 1st Jan 2017, you would have turned it into $2,336.79 today.

Price (1st Jan 2017): $13.51 | Price (27th Dec 2019): $45 | Return on Investment (ROI): 133.68%

Neo (NEO) Investment:

Formerly Antshares and also known as Chinese Ethereum, it is another prominent smart contract-based blockchain project. If you had invested $1,000 into Neo on 1st Jan 2017, you would have turned it into $60,419.58 today.

Price (1st Jan 2017): $0.143 | Price (27th Dec 2019): $8.64 | Return on Investment (ROI): 5,941.96%

NEM (XEM) Investment:

NEM is the smart asset blockchain which focuses on providing full-featured enterprise solutions. If you had invested $1,000 into NEM on 1st Jan 2017, you would have turned it into $8,542.35 today.

Price (1st Jan 2017): $0.0033 | Price (27th Dec 2019): $0.032 | Return on Investment (ROI): 754.24%

Decred (DCR) Investment:

Decred is an autonomous digital currency with hybrid consensus mechanisms and on-chain governance. If you had invested $1,000 into Decred on 1st Jan 2017, you would have turned it into $33,458 today.

Price (1st Jan 2017): $0.489 | Price (27th Dec 2019): $16.85 | Return on Investment (ROI): 3,245.80%

Bottom Line

Cryptocurrency assets have provided class-leading and extremely high returns on investment. The same is more than true for the last three years also. However, like all good things, they do take time to mature. All savvy investors who bought all these crypto-assets and kept them for only around 3 years, netted life-transforming amount of money and financial independence. Since the blockchain development is on-peak, technology is maturing and the current market prices are low, the coming year 2020 might be the best time to invest.

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