Stunning 2019 Bitcoin graph shows how much money it would have made you compared to normal stocks and shares
An incredible Bitcoin graph from 2019 has revealed just how much money it would have made you compared to normal stocks and shares.
It’s common knowledge that the value of the cryptocurrency has skyrocketed in the last decade but it’s remarkable to see just how much Bitcoin has gone up, even in the last five years.
The crypto coin is changing the game of the world of stocks.
In fact, the new graph demonstrates how a $1,000 investment in Bitcoin made in 2019 has since outperformed every major traditional asset.
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Many people have taken to social media to share their own reactions to the news, with one user posting a clip of the graph on Reddit.
Responding to the footage, one user wrote: “Damn so my dad actually did this. $1500 and it's worth $20K now.
“He is living off the Australian pension with very little retirement and he now understands BTC is his retirement.”
Another said: “It’s been an interesting show to follow.”
A third commented: “‘You got lucky’. No, stupid, I remembered the last 15 years and held.”
And a fourth person added: “Not sure if we’ll see the same type of growth, but still best so far.”
However, not everyone has been lucky when it comes to Bitcoin investments as one person shared how he lost out on a major fortune.
Campbell Simpson, who is the editor of Gizmodo Australia, revealed that he got rid of a computer hard drive in 2010 before realizing that it contained something that would later become very valuable.
Inside the hardware was 1400 Bitcoin, which at the time only cost around $25, but would now be worth around a whopping $4.8 million.
Simpson said: “This is probably one of the stupidest things, in hindsight, that I’ve ever done. And I’ve done a lot of stupid things a lot of times.”
Simpson went on to explain: “At the start of 2010, Bitcoin trading wasn’t even really a thing. It was hard to find anywhere that would accept BTC.
“I used the hard drive for a whole bunch of things. Storing pirated music and movies and TV series, a portfolio of my best tech writing work, all my uni assignments, photos of friends and family and the couple of holidays that I’d taken.
“I didn’t need, or care about, anything on it. So I threw it away.”
Simpson added: “I’m generally pretty easygoing in life, I think, and I can laugh about it for like 95% of the time, but also, man. Man. What if.
“I could have bought a house. In Sydney. At Sydney prices. I could have moved around the world or bought a goddamn yacht or something.”