Since the March 2020 bottom, investors who invested in major U.S. indexes have seen respectable returns.
The truth is that the SPDR S&P ETF, Invesco QQQ Trust Series 1. You can also find out more about the following: SPDR Dow Jones Industrial Average Trust Since then, the stock has returned respectively 127%, 159%, and 102%.
Cryptocurrencies have done even better than the U.S. indexes since 2020. The crypto bulls that bought at the bottom of the U.S. market in March 2020, and held onto their investment for a long time, despite ongoing volatility have seen epic returns.
Please see: EXCLUSIVE: Marathon, Riot, Hut8 CEOs Tell Benzinga How Bitcoin Halving Will Impact Miners
The Winners of March 2020What would $100 worth in the U.S. stock market at its bottom in March 2020?
- Bitcoin Cash BCH/USD: $354
- Ethereum Classic ETC/USD: $715
- Dogecoin DOGE/USD: $10,965
What This Means
Cryptocurrencies are a growing asset class that offers significant growth potential for investors who want to maximize returns. Cryptocurrencies such as Dogecoin, Ethereum Classic and Bitcoin Cash have shown staggering gains.
It is important to stay abreast of the market and assess risk factors to make informed decisions when investing in a financial environment that’s constantly changing.
Please see: Hold on to your Dogecoin. It will be the ‘First meme coin to reach $100 billion market cap,’ says a trader
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