Last month marked five years since the US government handed out its first $1,200 Covid-19 stimulus check. If you have the opportunity to invest these funds in Bitcoin (BTC) and refrain from selling them, you’ll have almost $15,000.
The stimulus check figures are based on handouts provided by the Coronavirus Aid, Relief and Economic Security Act (CAREES Act), which gave single adults $1,200 in March 2020.
If BTC was investing on April 15, 2020, which was worth around $6,910 on April 15, 2020, you’d be sitting somewhere at $14,748 in a worthy BTC total. 1,129% profit.
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The BTC is currently worth $84,950, but if it decided to hold and sell at BTC’s all-time high of $108,786 last January at Donald Trump’s inauguration, it would have paid off $18,888.
By January 15th and May 26th, two stimulus checks worth $600 and $1,400 respectively, were sent to eligible Americans. Have you decided to qualify for all these checks and invest $3,200 on the day you arrive? It will hold BTC worth $18,952.an increase of 492%.
