Remember ICOs? You Would Have Made a Fortune if You HODLed; Bitcoin Slogs Toward $20K

Remember ICOs? You Would Have Made a Fortune if You HODLed; Bitcoin Slogs Toward $20K

CoinDesk found that if you were to buy, and HODL, a broad selection of blue chip ICOs (data was measured in late May 2022) you would have done spectacularly well to the tune of a return of 819%. This would have blown away most other investments one could have made, including buying Nvidia’s stock, one of the best-returning stocks of the last decade, in late 2016 or the S&P 500 and the Nasdaq-100 Technology Sector Index (NDXT).

Originally Posted on: https://www.coindesk.com/markets/2022/06/28/first-mover-asia-remember-icos-you-would-have-made-a-fortune-if-you-hodled-bitcoin-slogs-toward-20k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Sam Reynolds, James Rubin

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