Investors who have put money into major U.S. indices have enjoyed respectable returns over the past 5 years. In fact, the SPDR S&P 500 ETF SPY, Invesco QQQ Trust Series 1 QQQ and SPDR Dow Jones Industrial Average ETF Trust DIA have returned 68.57%, 119.05% and 55.09% since May 2017.
As good as investors in the major U.S. indices have had it in recent years, cryptocurrencies have performed that much better. Cryptocurrency bulls who bought in 2017 and held through when U.S. markets bottomed out in March 2020, despite the recent volatility, have been treated to epic returns on their investment.
Winners Since May 13, 2017: Here’s how much $100 in each of the following cryptocurrencies back in May 2017 would be worth today:
- Bitcoin BTC/USD: $1682.86
- Ethereum ETC/USD: $2,216.67
- Dogecoin DOGE/USD: $6,937.08