This is How Much You Would Have If You Invested Your Stimulus Checks into Luna - Crypto Breakdown March 11, 2022
5m | Mar 11, 2022Episode Summary:
In this episode of the Crypto Breakdown, I talk about how much money you would have now if you invested your pandemic stimulus checks into Bitcoin, Ethereum, Dogecoin, and Luna.
Stimulus Checks:
April of 2020 $1,200
March of 2021 $1,200
Bitcoin
On April 11th, Bitcoin was roughly at $6,800. Now, if you were to buy $1,200 of Bitcoin at the time being, you would have 0.17 Bitcoin equating to $1,664.
If you were to spend your second stimulus check on March 2nd, 2021 on Bitcoin as well, you would have a 0.02 Bitcoin, considering that Bitcoin climb to at $57,000, and that would be worth $5784. So together, if you invested both of your stimulus checks in 2020 and 2021 into Bitcoin, you would have $7,448.
Ethereum
If you were to buy $1,200 worth of Ethereum in April 2020, you would have 6.4 ETH equating to $16,968.
Now your second purchase on March 12th, 2021 would be much less considering that a theorem climb to $1,800.
So you would only have 0.66 ETH which would equate to $1,744. Considering that Ethereum is at $2,616 now, the total amount of Ethereum you would've made, if you invested both of your stimulus checks in Ethereum would be $18,712.
Dogecoin
Over to dogecoin, which was at $0 back in 2020 and a $1,200 check would get you a 600,000 dogecoin, which now prices at $0.11, so you would now have at $66,000 worth of dogecoin now.
Dogecoin more than doubled to $0.005 and at 2021, with $1200 you would have 240,000 dogecoin. Equating to $92,000 for investing in dogecoin in 2020 and 2021 with your stimulus checks.
Luna
Luna on April 11th, 2020 was $0.19 cents. So with $1200 you would get 6,465 Luna, which now with Luna sitting at roughly $95 equates to $613,000.
That is roughly a 50000% change.
On March 12th, 2021, if you invested $1,200 at $14 per Luna. You'd be able to obtain 98 coins leaving you with $9,800. So in total, Your Luna would equate to $622,000.
Hosts:
Joe Dewitt Follow at: https://twitter.com/metabitz
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Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.
Questions? Ask at joedewitt@benzinga.com and we will answer!
Hey everybody happy Friday. My name is Joe Dewitt, and this is the crypto breakdown today. I'm going to discuss how much money you would have made if you would have invested your stimulus checks into Bitcoin, Ethereum, doge coin, or Luna. So Americans received a few different rounds of stimulus payments.
The first being back in April of 2020 was a $1,200 stimulus check and the most recent one being March of 2021, which was another 1200 payment. So we're going to take a look at both of them. Now on April 11th, Bitcoin was roughly at $6,800. Now, if you were to buy $1,200 of Bitcoin at the time being, you would have 0.17 Bitcoin equating to $1,664.
Now, if you were to spend your second stimulus check on March 2nd, 2021 on a Bitcoin as well, you would have a 0.02 Bitcoin, considering that Bitcoin climb to at $57,000, and that would be worth seven. $84. So together, if you invested both of your stimulus checks in 2020 and 2021 into Bitcoin, you would have $7,448.
Not too bad, very solid returns. Now we're taking a look at a theorem, which was at $185 in April, 2018. If you were to buy $1,200 worth of Ethereum, you would have at 6.4 eith equating to $16,968. Now your second purchase on March 12th, 2021 would be much less considering that a theorem climb to $1,800.
So you would only have 0.6, six Eve, which would equate to $1,744. Now, considering that Ethereum is at $2,616. So the total amount of Ethereum you would've made, if you. Both of your stimulus checks would be $18,712. Now we'll kick it up a notch over to doge coin, which was at 0 cents. Back in 2020, and a $1,200 to me was check would get you a 600,000 dose, which now prices sitting at 11 cents.
So you would now have at $66,000 worth of doge coin now. More than doubled to 0.005 and a 2021. So you would have 240,000 doge coin. If you invested then together equating $92,000 for investing in doge coin in 2020 and 2021. Now this final one gets a little crazy taking a look at Luna at the time being an April 11th, 2020 was 19 cents.
So at 1200. Stimulus would get you 6,465 Luna, which now Luna sitting at roughly $95 equates to $613,000. That is roughly a 50000% change, which is absolutely ridiculous. Now looking at March 12th, 2021, we invested $1,200 price did grow to $14 per Luna. Although you'd be able to obtain 98 coins leaving you with $9,800.
So in total, Your Luna would equate to $622,000. If you invest at both of your stimulus checks and to Luna now, that is absolutely ridiculous. Now don't feel too bad if you missed out on these opportunities. These are literally one in a lifetime opportunities and very few people get to see them through that's all the time we have for today.
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