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.
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.