What if I invested $1,000 in Bitcoin in 2010?
If you had bought $1,000 worth of bitcoin 10 years ago, it would have grown by 7,644% and be worth around $77,443 as of Feb.
Its current price of roughly $34,600 (as of Oct. 31) is almost 17,000% higher than it was on this same day 10 years ago. This means a relatively small investment of $1,000 back then would be worth $168,000 today. Good luck finding a better performing asset than that!
This means that if you had invested $1000 at $. 08 in Bitcoin in 2010, that investment would be worth over $287 million dollars today.
If You Invest $1,000 Today in Bitcoin, It Could Be Worth $13,000 in 6 Years.
If Wood is correct and Bitcoin reaches $3.8 million, if you invested $1,000 in Bitcoin now, it would be worth $54,280 in 2030. This would result in a compounded annual growth rate (CAGR) of nearly 95%.
How much can I expect if I invest $500 in Bitcoin? Assuming a constant monthly investment of $500 for 10 years and a bitcoin price of $1 million per coin at the end, you would earn a profit of approximately $4.8 million.
In July 2011, two years after it was created, one coin cost $13.91. Back then, $1,000 would have bought you 71.89 bitcoin, which would be worth $2,785,737.50 today. That figure represents growth of 278,476.56%.
If you had invested $1,000 into bitcoin five years ago, the investment would have grown by 1,352% and be worth around $14,524 as of Feb. 14. If you had bought $1,000 worth of bitcoin 10 years ago, it would have grown by 7,644% and be worth around $77,443 as of Feb.
That investment would be worth $6,859,178,076.22 today based on the same price of $28,122.63 at the time of writing.
An initial $100 investment held for a tad over 11 years and four months has gained almost 8,000,000,000% and would now be worth $7,964,042,400. In other words, Forbes would be including you in their annual list of the world's richest people.
How much would 1 Bitcoin be worth in 5 years?
| Year | Minimum Price | Average Price |
|---|---|---|
| 2024 | $38,000 | $60,000 |
| 2025 | $50,000 | $65,000 |
| 2026 | $45,000 | $67,500 |
| 2030 | $95,000 | $127,500 |
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2032 | $1,651,129.87 | $1,893,401.64 |
| 2033 | $2,404,164.56 | $2,910,956.88 |
| 2040 | $3,484,583.51 | $3,982,382.72 |
| 2050 | $4,156,611.30 | $4,654,408.51 |
Known for her innovative investment approach, Cathie Wood predicts Bitcoin will surpass $1 million sooner than her previous estimate of 2030.
BTC [greater than] $100K in 2024. BTC top [greater than] $300K in 2025.” SkyBridge Capital founder Anthony Scaramucci also has brow-raising expectations for BTC following the halving.
Bitcoin, it found, is likely to hit an average peak price of $87,875 in 2024, with some experts predicting it will climb as high as $200,000. On the flip side, the average lowest price Bitcoin could hit by the end of 2024, is seen as $35,734, the report said, with some predicting it will fall as low as $20,000.
Following the next halving, the prediction algorithm forecasts Bitcoin to record similar market movements each halving cycle. By 2040, Bitcoin could surpass $1 million and reach a high point of $1.16 million, which would be a +2,275% increase compared to today's prices.
If you invest $2,000 in bitcoin you should see a profit but given the volatile nature you will need some knowledge on risk management to keep the profits. The price of bitcoin changes everyday but there are trends.
If you choose to invest, it's important to maintain a diversified portfolio that includes several different types of investments to reduce your overall risk exposure. As a rule of thumb, don't invest more than 10% of your portfolio in risky assets like Bitcoin.
Unfortunately, it's also incredibly volatile. For that reason, while current market conditions are favorable for anyone considering buying Bitcoin, it is an asset you should purchase only at your own risk. Because while Bitcoin may have the potential for significant returns, you may also lose most of your investment.
On July 1, 2013, Bitcoin traded for around $90.80. A $1,000 investment in Bitcoin could have purchased 11.0132 BTC at the time. Based on a price of $34,055.98 at the time of writing, the $1,000 investment would be worth $375,065.32 today. This represents a hypothetical return of 37,406.5% over the last 10 years.
What if you invested $1,000 in Bitcoin in 2017?
But it recovered and hit $998.62 at the start of 2017, meaning that an investor who bought $1,000 worth would have bought slightly more than an entire Bitcoin. Today, that initial $1,000 investment would be worth $22,800.
So, if you put $1 in Bitcoin, you will get 0.000036869 BTC. However, it is important to note that the price of Bitcoin is volatile and can fluctuate wildly. So, the amount of Bitcoin you get for $1 could be more or less than 0.000036869 BTC depending on the time of purchase.
But you'd be pretty happy if you'd bought five years ago and held on for dear life. A $1,000 investment in Bitcoin five years ago will have grown to over $13,000 today. So, what's the lesson here, and how can investors apply it to Bitcoin moving forward? Here is what you need to know.
- Use an exchange to sell crypto.
- Use your broker to sell crypto.
- Go with a peer-to-peer trade.
- Cash out at a Bitcoin ATM.
- Trade one crypto for another and then cash out.
- Bottom line.
If you were smart enough to invest $1,000 in Ethereum five years ago in early 2019, you'd be sitting on a balance of $21,500 today. That translates to a ridiculously large gain of over 2,000%, which crushes the broader Nasdaq Composite index.
