Was it a dream to turn $1,000 into $4,000,000 in cryptocurrencies?
Let's calculate how much balance we would have had in the 2018 and 2021 bull seasons if we had invested $1000 in crypto assets in 2017, just before the first big bull season in Bitcoin history.
Before bull season - early 2017 price/unit
Ethereum (ETH): $8.15/25 pieces=$200
Cardano (ADA): $0.02/10,000 units=$200
Tron (TRX): $0.002/100,000 units = $200
Litecoin (LTC): $4.04/50 units=$200
Ripple (XRP): $0.005/40,000 units=$200
Total Balance: $1,000
Price/balance in 2018 bull season
Ethereum (ETH): $1,270 / $31,750
Cardano (ADA): $0.99 / $9,900
Tron (TRX): $0.20 / $20,000
Litecoin (LTC): $301 / $15,089
Ripple (XRP): $3.11 / $124,400
Total Balance: $201,139
Price/balance in the 2021 bull season
Ethereum (ETH): $4,810 / $120,250
Cardano (ADA): $2.87 / $28,700
Tron (TRX): $0.15 / $15,000
Litecoin (LTC): $347 / $17,350
Ripple (XRP): $1.83 / $73,200
Total Balance: $254,500
So what would our balance be if we sold all cryptos with proper detection during the 2018 bull season and bought them again at the bottom just before the 2021 bull?
Our balance totals $201,139 Before 2021 bull season in the 2020 bear season
Before bull season - early 2020 price/unit
Ethereum (ETH): $130/307 units=$40,000
Cardano (ADA): $0.11/363,650 units=$40,000
Tron (TRX): $0.010/4,000,000 units = $40,000
Litecoin (LTC): $35/1,142 units=$40,000
Ripple (XRP): $0.15/266,500=$40,000
Now let's calculate how much balance we would have in the 2021 bull with these units.
Ethereum (ETH): $4,810 / $1,476,670
Cardano (ADA): $2.87 / $1,043,675
Tron (TRX): $0.15 / $600,000
Litecoin (LTC): $347 / $396,274
Ripple (XRP): $1.83 / $487,695
