[hamiltonians]

down 80 percent in a year.already close to dead

[latchkey]

Still up 16,000% from Jan 3rd, 2009.

[hamiltonians]

that shows the power of dividing by zero, not that this is a good investment . returns since late 2017 have sucked compared to index funds

[latchkey]

> returns since late 2017 have sucked compared to index funds

What do you mean by returns?

[tasuki]

Return on investment, I suppose.

[latchkey]

Seems weird then.

Nov 2020, when Paypal launched the ability to buy and hold crypto, I bought $100 of btc and $100 of eth as an experiment to see what happens over time with a buy and hold approach. I haven't touched either of them since.

While the btc hasn't done well (currently $103), the eth is worth $270. Total % gain is 86.80%. At the peak over the summer, my $200 had turned into like $1400.

Maybe index funds have done better than that? I don't know... what confuses me is with ROI... crypto by itself doesn't offer ROI other than buy/hold, where index funds often have dividends.