Here is what would happen if someone invested every month at the highest price since

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Here is what would happen if someone invested every month at the highest price since

<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/sfp9bc/here_is_what_would_happen_if_someone_invested/"> <img src="https://a.thumbs.redditmedia.com/48Ww1znTukGaq1g_tPcIiV6Nis7-fzto_UoyDkRREu4.jpg" alt="Here is what would happen if someone invested every month at the highest price since 2016." title="Here is what would happen if someone invested every month at the highest price since 2016." /> </a> </td><td> <!-- SC_OFF --><div class="md"><p><strong><em>Scenario</em></strong>:</p> <p>Lets say you have a friend, call him buy-high Chuck, because he has a <del>nag</del> knack for buying crypto at the <strong>highest price</strong> every month. Say he invested 500 dollars split between bitcoin and ethereum every month since 2016. What would be the end result?</p> <p><strong><em>Method</em></strong>:</p> <p>I used coinbase api so data was only available since 2016, Jan. For each month I find the highest price and bought 250 USD for BTC and ETH and held it until today's closing price.</p> <p><strong><em>Results</em></strong>:</p> <ul> <li>the monthly results are really long and I will post a link in the comments.</li> <li>Here is the summary table though.</li> </ul> <p>&#x200B;</p> <table><thead> <tr> <th align="left"> </th> <th align="left">ETH-USD</th> <th align="left">BTC-USD</th> </tr> </thead><tbody> <tr> <td align="left">Total_earned</td> <td align="left">$ 592,735.26 </td> <td align="left">$ 263,770.86 </td> </tr> <tr> <td align="left">median_by_month</td> <td align="left">$ 1,803.15 </td> <td align="left">$ 777.90 </td> </tr> <tr> <td align="left">max_per_month</td> <td align="left">$ 75,412.06 </td> <td align="left">$ 21,885.08 </td> </tr> <tr> <td align="left">max_per_month_ptc</td> <td align="left">30165</td> <td align="left">8754</td> </tr> <tr> <td align="left">min_per_month</td> <td align="left">$ (116.35)</td> <td align="left">$ (110.65)</td> </tr> <tr> <td align="left">min_per_month_ptc</td> <td align="left">-46.54</td> <td align="left">-44.26</td> </tr> </tbody></table> <p>&#x200B;</p> <p><strong>In summary</strong>,</p> <p>A 500 dollar split in half between ETH / BTC, bought every month at its highest price, would total about ( $856,506.12) The most that was made with 250 dollar investment is (75,412) for ETH and (21,885) for BTC . This occurred on 2016-12 and 2016-03 respectively, while the lowest ( max loss), is (-116) dollars for ETH and (-110) dollars for BTC. Importantly the median return for a 250 dollar investment is 1,800 for ETH and 777 for BTC.</p> <p><strong><em>Plot</em></strong>: total earned per 250 USD investments</p> <p><a href="https://preview.redd.it/yacure8uaoe81.png?width=669&amp;format=png&amp;auto=webp&amp;s=d53fffcc8590b2d248e02f57fb11d1db2acba884">this should be logarithmic but its would obscure the price</a></p> <p>&#x200B;</p> <p>TLDR : buy-high Chuck who invested at the highest every month, 500 dollars split between ETH and BTC would had have about $856,506 USD in his portfolio from a 35,500 USD investment over the course of 6 years, or 2412.7%. Not bad for someone who has a nag for buying at the highest.</p> <p>&#x200B;</p> <p>PS: let me know if you have an idea for some number crunching and I will see if I can do it.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/greenappletree"> /u/greenappletree </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sfp9bc/here_is_what_would_happen_if_someone_invested/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sfp9bc/here_is_what_would_happen_if_someone_invested/">[comments]</a></span> </td></tr></table>Kind Regards R