Quote:
Originally Posted by sandlines
Did the OP become a billionaire??
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No. The OP literally bought the peak of the BTC market on 12/18/2017. That was the same day of the CME BTC Futures launch and absolute peak of BTC in 2017. From there BTC declined 85% before rebounding. Their breakeven point would have been November 2020. Their much larger ETH position would have fared better initially, as ETH rose another 4-5X before peaking in January, 2018. From there ETH declined 95% from peak to trough. Their breakeven point would have been January, 2021. Their LTC position would be at a loss since LTC has never recovered to its prior peak. At best, had they held their positions until present they would have roughly 2X their initial investment. In today's value their $1000 would be worth somewhere around $2000.