Five investments with which you could have become a millionaire in 2021

It can be said that 2021 has been the year of cryptocurrencies, and thanks to them many investors have seen their profits increase exponentially. But not only these digital currencies have been the main protagonists, since other secondary players such as NFTs or SPACs have generated millions of benefits.

In the past, everything is much easier, but then we present, from the blogger Jack Raines, five investments with which you could have become a millionaire in 2021. Imagine starting the year with 100,000 dollars, of which you plan to invest 20,000 in five ideas that at the time were seen as nonsense. This is the result:

1. GameStop

The American video game retailer was one of the big stock market shakers in late 2020 and early 2021. With an investment of $ 20,000 at a share price of $ 17.25 on January 4, it became 22 days later a $ 347,826 for the rise in the security to $ 300 (it went up to $ 330).

2. Dogecoin

The cryptocurrency rose 400% in just two days, from January 27 to 29, driven by Musk’s predilection for this coin, going from 0.006 to 0.03 dollars. Instead, on April 1, the coin reached a share price of 0.06. Therefore, with an investment of $ 20,000 in May, the investment would have been converted to $ 230,000 from a value of 0.06 to 0.69.

3. DWAC

The SPAC (Special Acquisition Company) Digital World Acquisition Corp announced a few days ago the purchase of Donald Trump’s media conglomerate, with which the former president’s company will go public. The morning after the announcement, DWAC soared to $ 17 before falling to $ 10.32. With all this, with an investment of $ 20,000 at 10.32, the earnings went to $ 190,476 in a single day (the share value rose to $ 175).

4. Shiba Inu

Who does not risk does not win. This is what those who dared to invest in this meme coin would think when it reached the value of 0.000006 in May. A month later, the share price dropped to 0.00008, converting the 20,000 to $ 266,667.

5. NFT

NFTs continue to grow in popularity. For many of them real nonsense is paid, although the jackpot was taken by a non-expendable token in the form of images of rocks. In just 19 days it went from having a value of 1.7 to 400 ETH, which would turn an investment of 20,000 into 1,200,000 dollars.