I Wasted 8 Years of My Life in Crypto

Re:I Wasted 8 Years of My Life in Crypto by cherryteastain on Monday December 08, 2025 @04:48AM (#46190369)

Check out how $100 put in bank deposits or S&P500 have done versus gold over the last 50 years. You will find that these do not generate real returns when measured against sound currency either.

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Re:I Wasted 8 Years of My Life in Crypto by jbstack on Monday December 08, 2025 @05:24AM (#46190646)

I'm not sure how you reached this conclusion. I did as you suggested. $100 invested 50 years ago into gold would be worth $3000 today. $100 invested into the S&P500 50 years ago would be worth $6870.

https://www.macrotrends.net/2324/sp-500-historical-chart-dat... https://www.macrotrends.net/1333/historical-gold-prices-100-...

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Re:I Wasted 8 Years of My Life in Crypto by atwrk on Monday December 08, 2025 @05:11AM (#46190558)

$100 put into S&P 500 in 1975 would be about $7500 today, or about $1250 in 1975 dollars.

$100 put into gold in 1975 would be about $2600 today, or about $440 in 1975 dollars.

S&P 500 would have had 3x the returns of gold.

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Re:I Wasted 8 Years of My Life in Crypto by paddleon on Monday December 08, 2025 @11:22AM (#46194183)

check your numbers with a purchase date of 1971.

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