It was the first time since January that the price of the virtual currency fell. It was six months ago today that the price of the digital currency hit an all-time high. It's not just the digital currency. Almost every coin has been struggling.

If you bought your coin on November 9, when it hit a record high, what would you think? We did the math for the most popular coins and it is not a pretty picture.

  • If you bought $100 of bitcoin six months ago, you have $50.65 of bitcoin right now.
  • If you bought $100 of ethereum six months ago, you have $51.74 of ethereum right now.
  • If you bought $100 of BNB six months ago, you have $53.73 of BNB right now.
  • If you bought $100 of XRP (Ripple) six months ago, you have $43.13 of XRP right now.
  • If you bought $100 of Solana six months ago, you have $30.46 of Solana right now.
  • If you bought $100 of Cardano six months ago, you have $33.82 of Cardano right now.
  • If you bought $100 of Terra Luna six months ago, you have $119.49 of Terra Luna right now.
  • If you bought $100 of Dogecoin six months ago, you have $40.82 of Dogecoin right now.

Where did the money go? It was sold by people who bought it earlier than you, and then cashed out for real money.

There are a lot of other projects in the world. Good for you if you were lucky enough to find one and make money. Most retail investors lost money oncryptocurrencies in the year 2000.

Not everyone has been suffering. The Foundation sold 20,000 ether at a price of $4,722.68 per ether on November 11, 2021. Just a couple of days earlier, $4,891.70 was achieved, which was almost the all-time high.

You are never going to beat the house. People are going to try.