Willy Woo analyzes Ethereum long term investment returns
@woonomic: Woo on Ethereum returns
Cryptocurrency analyst Willy Woo has commented on Ethereum's performance over a seven-year period.
In a recent tweet, Woo highlighted Ethereum's current trading price of $1569, noting it compared to its January 2018 price of $1448. This reflects a compounded internal rate of return (IRR) of 1.2 percent over seven years. Woo's remarks come as investors seek reassurance amidst fluctuating crypto markets. He indicated that such analyses can help Ethereum holders understand potential bottoms for the asset, suggesting a stabilizing point for investor confidence.
Woo's insights contribute to ongoing discussions about the potential for Ethereum and other cryptocurrencies as viable long-term investments, despite the inherent volatility of the digital asset markets. His analysis is part of a broader effort by crypto experts to provide clarity during times of uncertainty.
Loading...
