How did the price of Bitcoin compare to Amazon stock in 2017?

10 answers

• Dec 16, 2021 · 3 years ago
  Well, in 2017, both Bitcoin and Amazon had a phenomenal year in terms of their stock prices. Bitcoin started the year at around $1,000 and ended at nearly $20,000, which was an incredible increase. On the other hand, Amazon's stock price started the year at around $800 and ended at around $1,170. So, while Bitcoin had a much higher percentage increase, Amazon's stock price also had a significant growth. It's important to note that investing in Bitcoin is much riskier than investing in a well-established company like Amazon.
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• Dec 16, 2021 · 3 years ago
  Ah, 2017, the year of the Bitcoin boom! Bitcoin's price skyrocketed during that year, making many early investors very wealthy. Amazon's stock price also had a good run, but it couldn't quite match the insane growth of Bitcoin. While Amazon's stock price increased by about 46% in 2017, Bitcoin's price surged by over 1,900%! So, if you had invested in Bitcoin instead of Amazon, you would have made a lot more money. But remember, past performance is not indicative of future results.
  485162
• Dec 16, 2021 · 3 years ago
  In 2017, Bitcoin had an incredible year, with its price soaring to new heights. It outperformed many traditional investments, including Amazon stock. While Amazon had a respectable increase in its stock price, Bitcoin's growth was on a whole different level. However, it's important to remember that investing in cryptocurrencies like Bitcoin carries a higher level of risk compared to investing in established companies like Amazon. So, it's always wise to do thorough research and consult with a financial advisor before making any investment decisions.
  555139
• Dec 16, 2021 · 3 years ago
  In 2017, Bitcoin experienced a historic bull run, with its price reaching unprecedented levels. The price of Amazon stock also had a positive trajectory, but it couldn't keep up with the explosive growth of Bitcoin. Bitcoin's price increase was truly remarkable, while Amazon's stock price had a more modest rise. It's worth noting that investing in cryptocurrencies can be highly volatile and speculative, so it's essential to approach it with caution and only invest what you can afford to lose.
  497100
• Dec 16, 2021 · 3 years ago
  As an expert in the field, I can tell you that in 2017, Bitcoin had an exceptional year in terms of its price performance. It significantly outperformed Amazon stock, with its price surging to incredible heights. While Amazon's stock price had a decent increase, it couldn't match the astronomical growth of Bitcoin. However, it's important to remember that investing in cryptocurrencies carries a higher level of risk, and past performance is not indicative of future results. So, always do your due diligence and make informed investment decisions.
  55092
• Dec 16, 2021 · 3 years ago
  Bitcoin and Amazon stock had quite different performances in 2017. Bitcoin's price experienced an unprecedented surge, making it one of the hottest investments of the year. On the other hand, Amazon's stock price had a more steady and consistent growth. While Bitcoin's price increase was much higher in percentage terms, Amazon's stock price also had a respectable rise. It's important to consider your risk tolerance and investment goals when comparing these two assets.
  47268
• Dec 16, 2021 · 3 years ago
  In 2017, Bitcoin had a phenomenal year, with its price skyrocketing to new heights. It significantly outperformed Amazon stock in terms of percentage increase. However, it's important to note that investing in Bitcoin is highly speculative and carries a higher level of risk compared to investing in established companies like Amazon. So, while Bitcoin had an impressive performance in 2017, it's crucial to approach cryptocurrency investments with caution and diversify your portfolio.
  48661
• Dec 16, 2021 · 3 years ago
  As an expert in the field, I can tell you that in 2017, Bitcoin had an incredible year, outperforming many traditional investments, including Amazon stock. Bitcoin's price increase was astronomical, while Amazon's stock price had a more modest rise. However, it's important to remember that investing in cryptocurrencies like Bitcoin carries a higher level of risk. So, if you're considering investing in Bitcoin, make sure to do thorough research and understand the potential risks involved.
  49255
• Dec 16, 2021 · 3 years ago
  In 2017, Bitcoin had a meteoric rise, outperforming many traditional investments, including Amazon stock. Bitcoin's price increase was truly remarkable, while Amazon's stock price had a more moderate growth. However, it's important to approach cryptocurrency investments with caution, as they can be highly volatile and speculative. So, if you're thinking about investing in Bitcoin, make sure to do your due diligence and only invest what you can afford to lose.
  46347
• Dec 16, 2021 · 3 years ago
  As an expert in the field, I can tell you that in 2017, Bitcoin had an extraordinary year, surpassing the growth of Amazon stock by a wide margin. Bitcoin's price increase was staggering, while Amazon's stock price had a more modest rise. However, it's crucial to remember that investing in cryptocurrencies like Bitcoin carries a higher level of risk. So, if you're considering investing in Bitcoin, make sure to educate yourself about the technology and potential risks before making any decisions.
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