I calculated how much I would have made if I bought BTC instead of going to college in America back in 2011. Here it goes:
€400,000 as your college tuition that instead went into Bitcoin:
Period: Aug 2011 → May 2016 = 58 months
Total invested: €400,000
Monthly DCA: €6,896.55
Using the 1st of each month as the purchase date, early BTC prices were extraordinarily low — about $13 in Aug 2011, $5 in Oct and $3 in Dec.
By May 2016, BTC was around $448–$531.
The exact BTC total depends on the historical EUR/USD rate for each purchase, but it lands around 27,000–28,000 BTC.
At roughly €74–75k/BTC, that’s approximately:
€2.0–€2.1 BILLION
So, very roughly:
College: €400,000 → Bitcoin today: ~€2,050,000,000
Would have been a billionaire lads.
What do we do now though? Do I put my kids tuition in BTC?
submitted by /u/mrmarketinguy
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