Bitcoin or Ethereum ?, if we had known (This was posted yesterday in Spanish and I repeated it today in English)
Bitcoin up 12.86% and Ether 14.48% today, buyers run the party
Hello friends of Steemit, according to the follow up that we have been giving to the developments of the market of crypto-currencies? We give you an idea of what you could have gained by negotiating with Bitcoin and Ethereum.
If you had invested in a Bitcoin taking as reference January 2, 2016 to today. Buying a BTC on January 2, 2016 would have cost us $ 433.62 while we had a market with a capitalization of $ 6,519,873,603 today and at the time of this writing, that same Bitcoin is costing $ 2,569.59 for an increase in that period of 492.59%, leaving a Net profit of $ 2,569.59 - 433.62 = 2,135.97.
If you had invested in Ethereum the same amount you invested in Bitcoin on January 2, 2016. You would have bought at the price of 0.96 cents each Ether and received the amount of 451.68 Ethers when the market barely had a capitalization of $ 72,403,887. To this day and at the time of this writing, that same Ether is costing $ 229.38 for an increase in that period of 23,893.75% leaving that investment a net profit of $ 229.38 x 451.68 = 103,606.35. 103,606.35 - 433.62 = 103.172.73.
So, by investing only $ 433.62 in Bitcoin and 433.62 in Ether for a year and 6 months ($ 867.24 in total), you could have changed your life wonderfully by getting $ 105,308.70. Now imagine the scenario with an investment of $ 1000.00 in each currency. Do your calculations and tell me.
Then Bitcoin or Ether?
*Any investment involves risks. Only risk money that you can afford to lose. The above information is not an investment advice and is only offered for educational purposes.