Crypto survey to analyze the highest Fiat values the investment years after CoinEdition
© Reuters. Crypto survey to analyze the highest Fiat values the investment years- Santiment posted a crypto survey on Twitter (NYSE: ) to analyze the very favorable trading years among crypto traders.
- The highest voted option was 2020-2022, marking it as a highly profitable year.
- The years 2014-2016 showed the least vote.
Market intelligence platform Santiment posted a crypto poll on Twitter, to hear from crypto traders, regardless of whether they own it now or not, the year they had their “biggest fiat value investment”.
For those who have bought #cryptocurrency in the past (whether you own any or not), when did you make your biggest #fiat value investment?
— Santiment (@santimentfeed) October 2, 2022
Santiment provided four options with four-year terms, including 2008-2013, 2014-2016, 2017-2019 and 2020-2022. Among the four options, the most popular was the last option, 2020-2022, with 62.5% of the vote.
An overall analysis of the market value from the year 2010 clearly shows that the crypto has a drastic growth from the year 2020.
Market value from 2010
Obviously, 2020 was one of the best years for crypto traders with the high price of the currencies and the high trading volumes. Although the bearish period swept away most of the coins, most of them, including bitcoin and ether, are showing positive growth.
Second, the third alternative showing the year range from 2017-2019 had 28.6% votes, indicating a reasonable number of votes. Thus it was understood that also in the years 2017-2019 traders profited from having their investments.
Evidently, the market capitalization chart also shows such a trend. An almost stable lower line drawn until 2013 shows a slight variation from 2014, and from 2017 the graph shows a positive slope, which reaches its peak in 2021.
was the only cryptocurrency in existence from 2008 to 2011, until the introduction of . The original value of bitcoin was $0 and by the end of 2010 it was $0.83. Gradually, trading continued, and in December 2013, bitcoin reached a peak of $1,164.
The survey showed that from 2008 to 2013, 4.7% of traders had their highest investment. The rise in the price of bitcoin is clear enough to prove the reason for the votes.
Bitcoin price chart
The year range for the least voted was 2014-2016, with voting at just 3.5%. It was in 2014, Bitcoin’s first price crash happened. Bitcoin’s price crashed to $760. The following year also saw bitcoin suffer heavy losses. The price fell to $315 in 2015, representing a loss of 241%.
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