10-01-2021, 09:00 PM
Bitcoin has had 6 out of 8 bullish Octobers since 2013. Cumulative gain returns 31,3
<!-- SC_OFF --><div class="md"><table><thead> <tr> <th align="left">Year</th> <th align="center">Price 30/09</th> <th align="center">Price 31/10</th> <th align="center">Gain %</th> <th align="right">Cumulative Gain %</th> </tr> </thead><tbody> <tr> <td align="left">2013</td> <td align="center">137.74</td> <td align="center">196.44</td> <td align="center">42.6%</td> <td align="right">42.6%</td> </tr> <tr> <td align="left">2014</td> <td align="center">377.18</td> <td align="center">354.70</td> <td align="center">-6.0%</td> <td align="right">157.5%</td> </tr> <tr> <td align="left">2015</td> <td align="center">232.76</td> <td align="center">325.43</td> <td align="center">39.8%</td> <td align="right">136.3%</td> </tr> <tr> <td align="left">2016</td> <td align="center">600.83</td> <td align="center">701.86</td> <td align="center">16.8%</td> <td align="right">409.6%</td> </tr> <tr> <td align="left">2017</td> <td align="center">4,403.74</td> <td align="center">6,153.85</td> <td align="center">39.7%</td> <td align="right">4,629.1%</td> </tr> <tr> <td align="left">2018</td> <td align="center">6,625.56</td> <td align="center">6,486.38</td> <td align="center">-2.1%</td> <td align="right">4,609.1%</td> </tr> <tr> <td align="left">2019</td> <td align="center">8,104.19</td> <td align="center">9,551.71</td> <td align="center">17.9%</td> <td align="right">6,834.6%</td> </tr> <tr> <td align="left">2020</td> <td align="center">10,775.27</td> <td align="center">13,031.17</td> <td align="center">20.9%</td> <td align="right">9,360.7%</td> </tr> </tbody></table> <p>Right now Bitcoin price is $43,356, which is around 4 times of closing Sep-2020 price of $10,775.</p> <p>Someone who has bought a whole Bitcoin in Sep-2016 for $600.83 and still holding now, is sitting on a 7,116% return.</p> <p>Someone who bought a whole Bitcoin in Sep-2013 and still holding now, is sitting on 31,377% return.</p> <p>Don’t need to go back that far, let’s say someone who put the whole stimulus cheque last year into Bitcoin.</p> <p>24 Apr 2020: Bitcoin price was $7,680. Individual taxpayer got $1,200, which is 0.15625 Bitcoin. The amount is now worth $6,774.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/milonuttigrain"> /u/milonuttigrain </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pytkyy/bitcoin_has_had_6_out_of_8_bullish_octobers_since/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pytkyy/bitcoin_has_had_6_out_of_8_bullish_octobers_since/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><table><thead> <tr> <th align="left">Year</th> <th align="center">Price 30/09</th> <th align="center">Price 31/10</th> <th align="center">Gain %</th> <th align="right">Cumulative Gain %</th> </tr> </thead><tbody> <tr> <td align="left">2013</td> <td align="center">137.74</td> <td align="center">196.44</td> <td align="center">42.6%</td> <td align="right">42.6%</td> </tr> <tr> <td align="left">2014</td> <td align="center">377.18</td> <td align="center">354.70</td> <td align="center">-6.0%</td> <td align="right">157.5%</td> </tr> <tr> <td align="left">2015</td> <td align="center">232.76</td> <td align="center">325.43</td> <td align="center">39.8%</td> <td align="right">136.3%</td> </tr> <tr> <td align="left">2016</td> <td align="center">600.83</td> <td align="center">701.86</td> <td align="center">16.8%</td> <td align="right">409.6%</td> </tr> <tr> <td align="left">2017</td> <td align="center">4,403.74</td> <td align="center">6,153.85</td> <td align="center">39.7%</td> <td align="right">4,629.1%</td> </tr> <tr> <td align="left">2018</td> <td align="center">6,625.56</td> <td align="center">6,486.38</td> <td align="center">-2.1%</td> <td align="right">4,609.1%</td> </tr> <tr> <td align="left">2019</td> <td align="center">8,104.19</td> <td align="center">9,551.71</td> <td align="center">17.9%</td> <td align="right">6,834.6%</td> </tr> <tr> <td align="left">2020</td> <td align="center">10,775.27</td> <td align="center">13,031.17</td> <td align="center">20.9%</td> <td align="right">9,360.7%</td> </tr> </tbody></table> <p>Right now Bitcoin price is $43,356, which is around 4 times of closing Sep-2020 price of $10,775.</p> <p>Someone who has bought a whole Bitcoin in Sep-2016 for $600.83 and still holding now, is sitting on a 7,116% return.</p> <p>Someone who bought a whole Bitcoin in Sep-2013 and still holding now, is sitting on 31,377% return.</p> <p>Don’t need to go back that far, let’s say someone who put the whole stimulus cheque last year into Bitcoin.</p> <p>24 Apr 2020: Bitcoin price was $7,680. Individual taxpayer got $1,200, which is 0.15625 Bitcoin. The amount is now worth $6,774.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/milonuttigrain"> /u/milonuttigrain </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pytkyy/bitcoin_has_had_6_out_of_8_bullish_octobers_since/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pytkyy/bitcoin_has_had_6_out_of_8_bullish_octobers_since/">[comments]</a></span>Kind Regards R
