How much money would you have today if you had invested $ 1,000 in one of the four most popular cryptocurrencies at the beginning of the year?

We will talk about 2021.

Last year was a peak for cryptocurrencies such as bitcoin and dogecoin, on which investors made millions. The overall cryptocurrency market at one point even surpassed the value of three trillion dollars, and the growing popularity of digital assets has helped make geek entertainment once mainstream
Despite the large increase in the value of cryptocurrencies, experts warn that their rise so far is no guarantee of a future return on investment.
The basic advice is not to invest more than what you cannot bear as a loss in case things go wrong, writes CNBC.

If you still decide to throw yourself into the world of cryptocurrencies, do not enter with large amounts at once, but buy a little over a longer period, which will reduce the risk.

BITCOIN

January 1 price: $ 29,290
Price Dec. 28: $ 47,795.40
Investing $ 1,000 in bitcoin at the beginning of the year at a price of $ 29,290 would buy you 0.034 tokens, which would be worth about $ 1632 by December 28th.

The world’s largest cryptocurrency by market capitalization had a strong growth trend in 2021, and its value rose by about 65 percent between January 1 and the end of December.

Bitcoin reached a market capitalization of $ 1 trillion for the first time in February, and has since fallen to about $ 900 billion.

ETHER

January 1 price: $ 730.30
Price Dec. 28: $ 3,816.67
The price of one ether in 12 months jumped by more than 400 percent.

Buying ether for $ 1,000 on Jan. 1 for $ 730.30 would now be worth about $ 5,226.16.

SOLANA

January 1 price: $ 1.53
Price Dec. 28: $ 181.18
If you had invested $ 1,000 in cryptocurrency solana in early 2021, when one SOL cost $ 1.53, your investment would have grown to about $ 118,418 at a cost of $ 181.18.

Despite being launched only in 2020, the saltworks grew by more than 13,800 percent last year and is currently the fifth largest cryptocurrency with a market capitalization of over $ 57 billion.

DOGECOIN

January 1 price: $ 0.0056
Price Dec. 28: $ 0.18
If you invested $ 1,000 in dogecoin at the beginning of the year at $ 0.0056, it would now be worth $ 32,142 at 18 cents. Not bad for a digital token that started as a joke.

The cryptocurrency, whose popularity was partly fueled by Elon Musk, rose as much as 12,000 percent in the first half of 2021. However, the value of dogecoin fell in the second half of the year.