There is a lot of talk about Stimmy checks that are people getting this days in USA and what will people do with it. That got me thinking how did i do with the money my government was helicoptering on us.
I knew it was a smart investment, but i never looked how exactly smart it was.
In our country every citizen over 18 was getting 100Eur as a one time help, and if you have business with employees you were getting 4 times minimal net wage if you did not lay off any of them. Unfortunately minimal wage here is far from USA minimal wage, if that was not the case i would be really close to 1 BTC and i am far far from that :D
Without really getting into exact numbers, let's see how that panned out.
So we got the money in May, April, Jun and August. Aprox average price of BTC in those periods was somewhere around $9300 per BTC.
With $100 with that average price you would get 0.01075268 of BTC. For that amount of BTC at this moment you will get $602.
Was i just lucky with my decision? Did spending every day with this community affected me to invest?
Well i am not sure but at the moment that was my best investment with the money that government decided to give some back to the taxpayers.