{"id":21571,"date":"2022-07-01T21:46:42","date_gmt":"2022-07-01T21:46:42","guid":{"rendered":"http:\/\/egrowonline.com\/?p=21571"},"modified":"2022-07-01T21:46:42","modified_gmt":"2022-07-01T21:46:42","slug":"if-you-invested-1000-in-bitcoin-dogecoin-and-ethereum-on-jan-1-heres-how-much-you-lost-in-2022-so-far","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=21571","title":{"rendered":"If You Invested $1,000 In Bitcoin, Dogecoin And Ethereum On Jan. 1, Here&#8217;s How Much You Lost In 2022 So Far"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"core-block\">Here\u2019s a look at how three of the most popular cryptocurrencies have performed in the first six months of 2022 and how much a hypothetical investment of $1,000 in each would be worth now.<\/p>\n<p class=\"core-block\"><strong class=\"core-block\">What Happened: <\/strong>After a strong 2021 for the cryptocurrency market, the start of 2022 could go down as one of the darker periods for the sector.<\/p>\n<p class=\"core-block\">Among the biggest stories in the first half were the <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/22\/05\/27137689\/terras-97-fall-brings-106m-of-liquidations-as-terrausd-collapses-to-under-0-40\" class=\"core-block\" rel=\"noopener\">collapse <\/a>of <strong class=\"core-block\">Terra <\/strong><span class=\"ticker\" data-ticker=\"LUNA\/USD\" data-exchange=\"CRYPTO\">LUNA\/USD<\/span> and the stablecoin <strong class=\"core-block\">TerraUSD <\/strong><span class=\"ticker\" data-ticker=\"UST\/USD\" data-exchange=\"CRYPTO\">UST\/USD<\/span>. The stablecoin lost its peg and went well below the $1 level before crashing. This had a ripple effect for the cryptocurrency market causing prices to fall for many coins. Liquidations followed.<\/p>\n<p class=\"core-block\">Cryptocurrency trading platforms and lenders are now facing a <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/22\/06\/27689406\/bitcoin-ethereum-dogecoin-dive-deep-into-the-red-cryptos-face-double-whammy-of-interest-ra\" class=\"core-block\" rel=\"noopener\">crunch <\/a>with big names like <strong class=\"core-block\">Celsius <\/strong>and <strong class=\"core-block\">BlockFi <\/strong>exploring rescue options. The big news items have caused losses for many cryptocurrency investors.<\/p>\n<p class=\"core-block\"><em class=\"core-block\">Related Link<a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/21\/12\/24814327\/2021-was-the-year-of-dogecoin-a-month-by-month-retrospective-with-top-stories\" class=\"core-block\" rel=\"noopener\">: 2021 Was The Year Of Dogecoin: A Month By Month Retrospective With Top Stories\u00a0<\/a><\/em><\/p>\n<p class=\"core-block\">Let&#8217;s examine the first half of the year:<\/p>\n<p class=\"core-block\"><strong class=\"core-block\">Investing $1,000 in BTC, DOGE, ETH: <\/strong>A $1,000 investment in <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/how-to-buy-bitcoin\" class=\"core-block\" rel=\"noopener\"><strong class=\"core-block\">Bitcoin <\/strong><\/a><span class=\"ticker\" data-ticker=\"BTC\/USD\" data-exchange=\"CRYPTO\">BTC\/USD<\/span>, <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/how-to-buy-dogecoin-doge\" class=\"core-block\" rel=\"noopener\"><strong class=\"core-block\">Dogecoin <\/strong><\/a><span class=\"ticker\" data-ticker=\"DOGE\/USD\" data-exchange=\"CRYPTO\">DOGE\/USD<\/span> and <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/money\/how-to-buy-ethereum\/\" class=\"core-block\" rel=\"noopener\"><strong class=\"core-block\">Ethereum <\/strong><\/a><span class=\"ticker\" data-ticker=\"ETH\/USD\" data-exchange=\"CRYPTO\">ETH\/USD<\/span> in 2022 would have posted a big loss in the first half of the year.<\/p>\n<ul class=\"core-block\">&#013;<\/p>\n<li class=\"core-block\">Bitcoin <a target=\"_blank\" href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/22\/01\/24854137\/if-you-invested-1-000-in-bitcoin-dogecoin-and-ethereum-at-the-start-of-2021-heres-how-much\" class=\"core-block\" rel=\"noopener\">traded <\/a>at $46,306.45 on Jan. 1, 2022. A $1,000 investment in Bitcoin on the first day of the year could have bought 0.0216 BTC. Bitcoin ended the first six months of 2022 at a price of $19,280.20. The $1,000 investment was worth $416.45 at the end of June.<\/li>\n<p>&#013;<\/p>\n<li class=\"core-block\">Dogecoin traded at $0.1705 on Jan. 1, 2022. A $1,000 investment in Dogecoin on the first day of the year could have bought 5,685.10 DOGE. Dogecoin ended the first six months of 2022 at a price of $0.06497. The $1,000 investment was worth $381.06 at the end of June.<\/li>\n<p>&#013;<\/p>\n<li class=\"core-block\">Ethereum traded at $3,682.63 on Jan. 1, 2022. A $1,000 investment in Ethereum on the first day of the year could have bought 0.2716 ETH. Ethereum ended the first six months of 2022 at a price of $1,050.99. The $1,000 investment was worth $285.45 at the end of June.<\/li>\n<p>&#013;\n<\/ul>\n<p class=\"core-block\">Investing $1,000 in each of the three cryptocurrencies on Jan. 1 would have ended 2022 at a valuation of $1,082.96. This represents a loss of 63.9% from the $3,000 investment.<\/p>\n<p class=\"core-block\">The return in the first half of 2022 is a significant change from 2021, which saw a hypothetical investment of $1,000 in each of the three mentioned cryptocurrencies worth $36,471.85 at the end of the year.\u00a0<\/p>\n<p class=\"core-block\">The six-month performance for the three cryptocurrencies were:<\/p>\n<ul class=\"core-block\">&#013;<\/p>\n<li class=\"core-block\">Bitcoin: -58.4%<\/li>\n<p>&#013;<\/p>\n<li class=\"core-block\">Dogecoin: -61.9%<\/li>\n<p>&#013;<\/p>\n<li class=\"core-block\">Ethereum: -71.5%<\/li>\n<p>&#013;\n<\/ul>\n<p class=\"core-block\"><strong class=\"core-block\">Price Action: <\/strong>The 52-week ranges of the three cryptocurrencies are as followed:<\/p>\n<ul class=\"core-block\">&#013;<\/p>\n<li class=\"core-block\">Bitcoin: $17,708.62 to $68,789.63<\/li>\n<p>&#013;<\/p>\n<li class=\"core-block\">Dogecoin: $0.04972 to $0.3510<\/li>\n<p>&#013;<\/p>\n<li class=\"core-block\">Ethereum: $896.11 to $4,891.70<\/li>\n<p>&#013;\n<\/ul>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/22\/07\/27933199\/if-you-invested-1-000-in-bitcoin-dogecoin-and-ethereum-on-jan-1-2022-heres-how-much-youve-\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here\u2019s a look at how three of the most popular cryptocurrencies have performed in the first six months of 2022 and how much a hypothetical investment of $1,000 in each would be worth now. What Happened: After a strong 2021 for the cryptocurrency market, the start of 2022 could go down as one of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[46],"tags":[50,85,158,164,2182,3142,1687],"class_list":["post-21571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-bitcoin","tag-dogecoin","tag-ethereum","tag-heres","tag-invested","tag-jan","tag-lost"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/07\/screen_shot_2022-07-01_at_11.35.24_am.png","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/21571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21571"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/21571\/revisions"}],"predecessor-version":[{"id":21573,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/21571\/revisions\/21573"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/21572"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21571"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}