say you put $1000 into bitcoin in 2020 📈 how much would it be worth today?
The 4th Bitcoin Halving is 20 days away (again predicted to happen on April 20th, interestingly the same day as the Jupiter-Uranus conjunction in Taurus).
So let's talk about what happened around the last halving (aka the 'halvening'), which was May 11th, 2020.
If you had $1000, and you put it into Bitcoin just before the last cycle, how much would it be worth now?
I remember there was a huge stock market drop around March 9th of that year. COVID was officially on the scene, and in the U.S., people weren't yet sure what then-President Trump was going to do. The uncertainty tanked the market.
I sent an email to the Seeds community about it…because I found it interesting that though the stock market had fallen, ETH had not.
However, crypto quickly followed suit, giving us valuable information about the new correlation between “established” cryptocurrencies like Bitcoin and Ether and the traditional markets - a relationship that hadn't necessarily been present in previous cycles.
So let's use March 9th, 2020 as our test day. What if you bought $1000 worth of Bitcoin at the close?
$1000/5392.31 = 0.185449 Bitcoin
As of this writing, the price of Bitcoin is $70,240.90…so your $1000 would now be worth $13,026.12.
What if you had done the same thing in ETH, the second largest cryptocurrency by market capitalization?
$1000/125.21 = 7.98658 ETH
As of this writing, the price of Ether is $3,546.30…so your $1000 would now be worth $28,322.82.
Lastly, what if you'd put $1000 into SEEDS, our cryptocurrency for social good, at that same time?
SEEDS were trading on Uniswap V1 back then, which has since been upgraded (twice), so I can't even pull a graph showcasing the information. Based on a SEEDS gift we sent at that time (when you help someone in need through Seeds we send you SEEDS cryptocurrency in thanks, at market price at the time of your gift), SEEDS were trading at $0.00006.
$1000/0.00006 = 16,666,666.67 SEEDS
As of this writing, the price of SEEDS is $0.022162…so your $1000 would now be worth $369,366.67.
Market liquidity would have to be sufficient to trade for fiat, and our liquidity pool is still small (we're not yet a well-known project, but as feminine energies continue to rise on earth, I have a feeling we'll see more support) - but you get the idea.
Artists, people working in social good, people of all genders with a lot of healthy feminine energy - especially women - I'd love to see you benefiting from cryptocurrency this time around. I'm tired of the misogyny in cryptocurrency, and the stereotypical Crypto Bro getting richer. It should be you instead.
Thus, doors for our course, How to Build Abundance in Cryptocurrency, are now open. The next 8 folks who join can also receive a 1-on-1 coaching session with me at no extra cost, to talk through any questions you may have, and any goals you've set, while on your cryptocurrency journey.
Because SEEDS are included, the course is effectively free when you pay full price up front - and you're supporting our social good organization at the same time.
We're also able to offer Affirm and Afterpay payment plans, which can extend for as long as 36 months (you can select those options on the registration page to explore their offers).
We'll close registration at 11:59 p PT on Saturday, April 20th. The course will kick off the following Tuesday, April 23rd, at 11 am PT. All sessions are held live, but are also recorded so that you can watch at your leisure.
Got questions? Check out our FAQ, or join me at our next Live Trading session on Monday, April 8th.
But if you're ready, take the step to join our course today, and know that your decision is not only benefiting you - it's also sustaining Seeds, so that 100% of the value of gifts that come through the Seeds ecosystem can go to folks in need around the world.
Because we all deserve abundance!
Warmly,
Rachel