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If your mind got transported back 10 years right now with no time to prepare, how could you exploit your knowledge for personal gain? (lemm.ee)

submitted 5 months ago by [email protected] to c/[email protected]

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Besides crypto...

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[–] [email protected] 8 points 5 months ago (1 children)

I'm doing this from memory to stay in the spirit of the question. I'd buy ethereum, then pivot to zoom in early 2020, pivot back to etherum mid 2020, then finally to NVIDIA at the end of 2022. I'll look up how well my memory works have served me.

[–] [email protected] 10 points 5 months ago (1 children)

OK, I did the math. I could turn $1K into $74M in 10 years with that strategy. I lost a year of growth because I thought Ethereum was released in 2013 however it was the white paper that was released in 2013, the coin started public trading in August 2015. Either way, I'd still be happy with that return.

2014-06-19 twiddle my thumbs because Ethereum hasn't been released yet
2015-08-01 $1.00 = 3.22ETH
2020-01-02 3.22ETH = $421.24 = 6.12 ZOOM shares (also buy toilet paper and n95 masks)
2020-06-01 6.12 ZOOM = $1538.262 = 6.80ETH
2022-12-30 6.80ETH = $8170.67 = 570.18 NVIDIA shares
2024-06-18 570.18 NVIDIA = $74773.41

[–] [email protected] 1 points 5 months ago (1 children)

Why not just look up numbers for a big lottery jackpot before you go back? Way quicker, much less effort?

[–] [email protected] 4 points 5 months ago

Part of the question was "no time to prepare"