Stimulus Checks Invested As $1,200 Grew Up To Value $7,285

Stimulus Check
Stimulus Check

Americans who invested their first $1,200 stimulus check in Bitcoin have seen it grow to a value of more than $7,000.

While many are still unsure about the benefits of cryptocurrency such as Bitcoin, it has paid off for some.

Before you invest, it’s important to know that cryptocurrencies are high risk and you may lose all the cash you put in.

Cryptocurrencies including Bitcoin are highly volatile and their values can make large swings with no notice.

It means you should never invest more than you can afford to lose or into anything you don’t understand.

For people who chose to invest their first stimulus in Bitcoin when it was handed out in April 2020, their stock is worth about $7,285 as of April 15, 2022, according to Bitcoin Stimulus, which has been tracking the numbers.

Massive Returns On Investing Stimulus Checks

That is a more than 500 percent return on investment of stimulus checks.

When Congress passed the CARES Act to help relieve Americans of some of the financial stress caused by Covid-19, they intended for the money to be spent on necessities like food and rent.

But for some who had the financial capacity and invested in cryptocurrency, their return on investment has been huge since April 2020.

And those who invested their second $600 stimulus from December 2020, their money is now worth $870, according to the Bitcoin Stimulus tracking site.

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