02-21-2023, 11:30 PM
According to Conventional investment wisdom, the crypto market in its entirety is co
<!-- SC_OFF --><div class="md"><p>A quick Google search shows a forbes article that states,</p> <p><em>According to conventional wisdom, an annual ROI of approximately 7% or greater is considered a good ROI for an investment in stocks. This is also about the average annual return of the S&P 500, accounting for inflation.</em></p> <p>That said, back in January, 5th 2018, before the first major crash, The total MCAP was about 780 Billion. </p> <p>Right now, it's hovering around 1.13 Trillion. That leaves it with annual ROI of over 7%.</p> <p>From 1/5/2018 to 1/5/2023, the total MCAP would have to be around 1.093 Trillion. </p> <p>So as of now 2/20/2023, it sits at 1.13. exceeding the minimum standards to be considered a good long term investment.</p> <p>If you were able to invest in a long term stock that represented the entire market. I'd say go for it. </p> <p><em>This is not investment advice, only an opinion</em></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Some1fromReddit"> /u/Some1fromReddit </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/117ust0/according_to_conventional_investment_wisdom_the/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/117ust0/according_to_conventional_investment_wisdom_the/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>A quick Google search shows a forbes article that states,</p> <p><em>According to conventional wisdom, an annual ROI of approximately 7% or greater is considered a good ROI for an investment in stocks. This is also about the average annual return of the S&P 500, accounting for inflation.</em></p> <p>That said, back in January, 5th 2018, before the first major crash, The total MCAP was about 780 Billion. </p> <p>Right now, it's hovering around 1.13 Trillion. That leaves it with annual ROI of over 7%.</p> <p>From 1/5/2018 to 1/5/2023, the total MCAP would have to be around 1.093 Trillion. </p> <p>So as of now 2/20/2023, it sits at 1.13. exceeding the minimum standards to be considered a good long term investment.</p> <p>If you were able to invest in a long term stock that represented the entire market. I'd say go for it. </p> <p><em>This is not investment advice, only an opinion</em></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Some1fromReddit"> /u/Some1fromReddit </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/117ust0/according_to_conventional_investment_wisdom_the/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/117ust0/according_to_conventional_investment_wisdom_the/">[comments]</a></span>