2017 Was The Year of The Cryptocurrency! Happy Bitcoin New Year
Currencies / Bitcoin Dec 31, 2017 - 04:32 PM GMTWhat a year for cryptos it was!
To put it in perspective, bitcoin could fall 90% from current levels and it will still have outperformed stocks, bonds, and real estate in 2017.
Bitcoin started 2017 at $960.79.
At the time of this writing it is near $13,000 for a gain of 1,250% in 2017.
And, bitcoin was actually one of the worst performing cryptocurrencies in our TDV portfolio in 2017!
Ethereum (ETH) started 2017 at $8. It has since hit over $800 for a nice 10,000% gain in 2017.
That’s pretty good, but not as good as Dash which started the year at $11.19 and recently hit $1,600 for a nearly 15,000% gain.
We initially recommended bitcoin at $3 in 2011 giving us a 500,000% gain. And we recommended Ethereum at $2.29 in January, 2016, giving us a 34,000% gain and Dash at $3.52 in 2016, giving us a 45,000% gain.
Not too shabby. How are your mutual funds at JP Morgan doing?
We polled TDV newsletter subscribers recently asking them how they’ve done in cryptos.
As you can see, many made 6 figures and some others made between $1-10 million!And after midnight Eastern time on December 31st, on New Year’s Eve, we’ll be raising the rates for the TDV newsletter.
Until midnight, though, you can get a discount to subscribe to the TDV Newsletter HERE. Hopefully in 2018, you’ll be another happy subscriber like many of them listed here!
Our next issue of TDV will be going out before the end of the year and you can get access immediately by subscribing HERE.
Wishing you all the best for 2018!
Anarcho-Capitalist. Libertarian. Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks. Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast. Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences as well as regularly in the media.
© 2017 Copyright Jeff Berwick - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.
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