Ethereum

Bitcoin

<p class="p1" style="text-align: justify">One of the most important topics that investors are curious about in the cryptocurrency <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">market</a> and traditional markets is investment strategies. It is certain that each investor has a different approach, and the factors considered during the investment process can vary depending on the investor’s income status and risk appetite. So, if an investor had bought 100 lira worth of <a href="https://en.coin-turk.com/breaking-news-bitcoin-dropped-below-27000-did-usd-move-btc/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> and Ethereum every month from November 23, 2018 to November 23, 2023, how much profit could they have made? Let’s take a look together.</p>
<h2 class="p1" style="text-align: justify" id="investing-in-bitcoin-every-month-for-five-years">Investing in Bitcoin Every Month for Five Years</h2>
<p class="p1" style="text-align: justify">According to the data we obtained from the cryptoDCA data analysis platform, if an investor had started buying 100 lira worth of Bitcoin every month on November 23, 2018, their investment of 6,100 lira would have reached 73,007 lira by November 23, 2023. During this period, the investor would have accumulated a total of 0.067 <a href="https://en.coin-turk.com/crypto-market-insights-buying-opportunity-signals-for-bitcoin-and-altcoins-amid-downtrend/" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>. The investor would have made a profit of 1,096.84% from their investment during this period.</p>
<p class="p1" style="text-align: justify">During the record-breaking rally in November 2021, the investor’s income would have reached 50,000 lira in just three years. In this process, the investor would have made a profit of 50,000 lira with only 37 months and an investment of 1,900 lira. After this period, the value of the investment would have dropped to 20,000 lira in October 2022 due to the subsequent declines. However, with the subsequent rises, the investment would have reached its highest level in November 2023. With the recent approval of Bitcoin spot ETF applications, it would have been possible to achieve a remarkable return on this investment in the near future.</p>
<p><img decoding="async" class="aligncenter wp-image-280279 size-full" src="https://coin-turk.com/wp-content/uploads/2023/11/bitcoin-grafik-1.png" alt="" width="1897" height="1020"></p>
<h2 class="p1" style="text-align: justify" id="investing-in-ethereum-every-month-for-five-years">Investing in Ethereum Every Month for Five Years</h2>
<p class="p1" style="text-align: justify">If an investor who wanted to buy 100 lira worth of Ethereum each month in November 2018 had gone through this process, they would have had 2.36 Ethereum worth 141,208 lira in return for their 6,100 lira investment. Ethereum, which provided a significant gain compared to Bitcoin, would have yielded a profit of 2,214.89% to the investor during this period.</p>
<p class="p1" style="text-align: justify">With the rise in Ethereum price in November 2021, the investor’s profit would have exceeded 130,000 lira in a 37-month period. In other words, they would have made a profit of 6,800% from an investment of only 1,900 lira. After this period, with the developments that followed, the investment would have dropped to 50,000 lira due to the impact of FTX bankruptcy in July 2022. However, during this period, the investment would have reached its highest level in November 2023.</p>
<p><img decoding="async" class="aligncenter wp-image-280281 size-full" src="https://coin-turk.com/wp-content/uploads/2023/11/ethereum-grafik.png" alt="" width="1917" height="1031"></p> Continue Reading: <a href="https://en.coin-turk.com/investing-in-bitcoin-and-ethereum-how-much-profit-could-you-make/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/investing-in-bitcoin-and-ethereum-how-much-profit-could-you-make/</a>

Investing in Bitcoin and Ethereum: How Much Profit Could You Make?

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