Price Analysis

Black Thursday Anniversary

Black Thursday Anniversary

Today, we have completed exactly one year since the Black Thursday of 12th March 2020. On this day, there was a flash crash in various coins.

Black Thursday was one of the most talked about event in the crypto space. On 12th March 2020, we saw a big drop in the price of various currencies. In today’s article, we will see how much would you $1000 be if you invested in some of the coins one year ago.

BTC

BTC price dropped to $3621 on 12th March 2020. It is currently trading at $56575. So if you invested $1000 in BTC one year ago, it would be worth $15624.

ETH

ETH price dropped to $86 on 12th March 2020. It is currently trading at $1798. So if you invested $1000 in ETH one year ago, it would be worth $20907.

BNB

BNB price dropped to $6.38 on 12th March 2020. It is currently trading at $286. So if you invested $1000 in BNB one year ago, it would be worth $44828.

LINK

LINK price dropped to $1.3 on 12th March 2020. It is currently trading at $29.37. So if you invested $1000 in LINK one year ago, it would be worth $22592.

CHZ

CHZ price dropped to $0.003 on 12th March 2020. It is currently trading at $0.5. So if you invested $1000 in CHZ one year ago, it would be worth $166667.

MATIC

MATIC price dropped to $0.006 on 12th March 2020. It is currently trading at $0.45. So if you invested $1000 in MATIC one year ago, it would be worth $75000.

FTM

FTM price dropped to $0.0017 on 12th March 2020. It is currently trading at $0.41. So if you invested $1000 in FTM one year ago, it would be worth $241176.

THETA

THETA price dropped to $0.035 on 12th March 2020. It is currently trading at $6.8. So if you invested $1000 in THETA one year ago, it would be worth $194286.

ADA

ADA price dropped to $0.017 on 12th March 2020. It is currently trading at $1.1. So if you invested $1000 in ADA one year ago, it would be worth $64706.

ENJ

ENJ price dropped to $0.032 on 12th March 2020. It is currently trading at $2.1. So if you invested $1000 in ENJ one year ago, it would be worth $65625.

VET

VET price dropped to $0.0015 on 12th March 2020. It is currently trading at $0.069. So if you invested $1000 in VET one year ago, it would be worth $46000.

Conclusion

If you invested $11000 in the above 11 coins, splitting $1000 per coin, your investment of $11000 would be worth $957411. You would have almost been a millionaire.

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Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

 

 

Source: altcoinbuzz.io
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