^^
Those returns on investment for the #1 Wallet on the DGB Rich List mentioned in the previous post are specific to that particular investor, who, like all of us, wasn't lucky enough to pick the lows. In fact, purchases were made, in general, closer to the highs than the lows, and despite that, the position has still performed extremely well with an approximate 300% return.
And if we were to compare absolute returns from trough to current highs? What would those returns look like?Well, if we go back to the "middle" of when the #1 Wallet was being "filled", let's say January 19, 2016, we'd have to say that DGB has appreciated by more or less 1,000% in real USD terms since then (depending on the day and current state of general panic in cryptolandia).
BTC closed that January day at $378.00 (Poloniex), which would give us a gain of around 400% to the present day (current price spike included).
As it turns out, DGB is the outperformer, by more than double the returns. So much so that you could have been an average investor who often bought near the highs (and never the lows) and still be in profits! But we already knew that, right? I mean, it's right there in the Coin Market Cap chart, isn't it?
Don't say you weren't informed, okay?
).
