From 2/6/2015 – 12/23/2017*
From 1/6/2018 – 3/17/2020*
Here is a closer look into how Verge coin turned $1,000 $109.4 MILLION during one period, as well as how it also turned $1,000 into $11 during another period.
109,457x return from 2/6/2015 – 12/23/2017*
$1,000 > $109,457,000 ($1,000 x 109,457x = $109,457,000)*
98.9% loss from 1/6/2018 – 3/17/2020*
|$1,000 > $11||($1,000 x .989 = $989|
|$1,000 – $989 = $11)*|
As you can see above, crypto investments can move quite a bit! We hope this helped you get a sense of the opportunities versus risks that lie in the crypto market. If you’re looking to become an informed trader/investor, we have free education to help you get there.
TradeStation does not provide investment, legal, or tax advice. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy.
*Any examples or illustrations provided are hypothetical in nature and provided for demonstration purposes or to illustrate mathematical principals and do not reflect results actually achieved and do not account for risks, fees, expenses, or other important considerations. These types of examples are not meant to predict or project the performance of a specific investment or investment strategy and should never be relied upon when making an investment decision.
Investing in cryptocurrencies involves significant risks. See the Investment and Trading Disclosures Booklet for more information on investing and trading in cryptocurrencies.